The Lahore Development Authority (LDA) is an entity overlooked and managed by the Government of Punjab set up to meet the residential and commercial needs of the people of the city. After successfully completing projects such as the Walton Flyover Azadi Chawk Junction Qainchi Junction Shalamar Interchange Madar-e-Millat Road and the Liberty Parking Plaza LDA City has arrived to serve the people of Lahore. The one-of-a-kind society aims to become Lahore's first choice of residence and promises to live up to its lofty expectations.
The Lahore Development Authority are the planning and development specialists who pride themselves on making Lahore the most liveable mega city in South Asia and on raising the city to the forefront of cultural commercial and technological centres in the region. LDA City housing Scheme is their latest presentation and it holds the prestigious claim of being the largest ever high-profile residence in the province of Punjab. Located just 13 minutes from Kalma Chawk this unique housing project is right in the hub of the city and is conveniently accessible by a variety of different routes including the Canal Road Ferozpur Road and Center Point. It is also well-connected to other interesting localities within the city such as Gulberg Garden Town Model Town Faisal Town Johar Town Township Canal View Defence and Bahria Town. Importantly is also only a mere 15-minute drive from the Allama Iqbal International Airport and close to the main Metro Bus Terminal at Kalma Chawk facilitating easy commuting for its residents. The residence caters to the full range of requirements that any home seeker could desire.
Plot sizes can be availed of from 5 marla and 10 marla up to 1 kanal and 2 kanal and the prices compare favourably to competing societies. Moreover plots are payable with a highly convenient 18-month instalment plan for buyers ease of purchase. When it comes to facilities the area has an advantage over housing communities like Gulberg Model Town and Johar Town by virtue of the fact that it provides the best civic amenities of an international standard.
On offer is a premium multi-floor shopping mall an education area that houses the best schools and colleges in the country a golf course a sports area beautifully landscaped lakes and a fully integrated and planned road network built with smooth long-term traffic flow in mind. Furthermore a cineplex a railway station family clubs and community centers a health area consisting of the best gyms in the area fitness centers salons and spas and for your peace of mind: 24-hour security systems.
LDA City Lahore plot prices are extremely reasonable and range between Rs. 1090000 and 30000000. Investors see this as a high priority opportunity given that 50 percent of the development charges are actually factored into in selling price i.e the price includes the complete cost of land and half of the development charges.
A quick price comparison highlights the investment attraction of LDA City Lahore. In DHA Phase 9 a 5 marla plot has an asking price of 18.5 Lacs at LDA Lahore this is just 13.90 Lacs. If you are looking for a larger 10 marla investment at Central Park Housing Scheme expect to pay 30.35 Lacs but this can be acquired for just 19.90 Lacs at LDA City. Surprisingly a 1 Kanal plot at DHA Rahbar Phase 1 costs an expensive 73.95 Lacs but less than half that price at LDA City now priced at 34.90 Lacs. The sizeable price discounts are catching the eye of development companies such as Paragon City and Urban Developers; both market leaders in Lahore.
Prices Stand August 2016