06-20-2012, 04:05 PM
LDA takes over mortgaged plots in 18 private housing schemes
Lahore Development Authority (LDA) has taken over mortgaged plots in 18 private housing schemes in the city, as their developers had failed to complete development works despite expiry of specified period given to them for this purpose years ago. These plots would now be sold through open auction by LDA and the revenue generated from it will be used to execute development works in these neighbourhoods, disclosed a LDA's spokesperson on Tuesday.
These schemes include Ahbab Co-operative Housing Scheme Phase-I, Al-Assar Housing Scheme, Al-Hamra Town Housing Scheme, Bagh-e-Iram Housing Scheme, Ravians Co-operative Housing Scheme, China Town Housing Scheme, Fazal Elahi/Makkah Housing Scheme, Gulshan-e-Jinnah Housing Scheme, Green Valley Housing Scheme, Hyde Park Housing Scheme, Kake Zai Housing Scheme Ph-II, Khurram Town Housing Scheme, Meraj Town Housing Scheme, OPF Farm Housing Scheme, Punjab Government Servants Co-operative Housing Scheme, Sally Town Housing Scheme (North), Sunny Park (Ext)/Sunny Garden Housing Scheme and Zubaida Khatoon Housing Scheme.
The LDA has warned other private schemes as well to finish development works at the earliest otherwise their mortgaged plots will also be taken into custody for auction and subsequent execution of development works.
Meanwhile, taking serious notices of the violations of approved layout plans by the approved private housing societies situated in LDA's controlled area, staff of the Metropolitan Planning Wing of Lahore Development Authority demolished a road that had been illegally constructed in the land reserved for graveyard in Pak Arab Housing Scheme, Ferozepur Road, Lahore. The LDA has also filed an application for lodging FIRs against this scheme.
Lahore Development Authority (LDA) has taken over mortgaged plots in 18 private housing schemes in the city, as their developers had failed to complete development works despite expiry of specified period given to them for this purpose years ago. These plots would now be sold through open auction by LDA and the revenue generated from it will be used to execute development works in these neighbourhoods, disclosed a LDA's spokesperson on Tuesday.
These schemes include Ahbab Co-operative Housing Scheme Phase-I, Al-Assar Housing Scheme, Al-Hamra Town Housing Scheme, Bagh-e-Iram Housing Scheme, Ravians Co-operative Housing Scheme, China Town Housing Scheme, Fazal Elahi/Makkah Housing Scheme, Gulshan-e-Jinnah Housing Scheme, Green Valley Housing Scheme, Hyde Park Housing Scheme, Kake Zai Housing Scheme Ph-II, Khurram Town Housing Scheme, Meraj Town Housing Scheme, OPF Farm Housing Scheme, Punjab Government Servants Co-operative Housing Scheme, Sally Town Housing Scheme (North), Sunny Park (Ext)/Sunny Garden Housing Scheme and Zubaida Khatoon Housing Scheme.
The LDA has warned other private schemes as well to finish development works at the earliest otherwise their mortgaged plots will also be taken into custody for auction and subsequent execution of development works.
Meanwhile, taking serious notices of the violations of approved layout plans by the approved private housing societies situated in LDA's controlled area, staff of the Metropolitan Planning Wing of Lahore Development Authority demolished a road that had been illegally constructed in the land reserved for graveyard in Pak Arab Housing Scheme, Ferozepur Road, Lahore. The LDA has also filed an application for lodging FIRs against this scheme.