09-30-2009, 04:41 AM
FOLLOWING the complaints of incomplete development by builders, Lahore Development Authority (LDA) on Tuesday took over 50 mortgaged plots measuring 82 kanals in Venus Housing Scheme.
The LDA officials said these plots were as guaranties with the Authority for completing development works in this private residential scheme about five kilometres from Lahore General Hospital at Ferozepur Road.
They said the builder has also sold these plots and was not completing the development work in the scheme, which was established in 1982.
They said the physical infrastructure including construction of roads, water supply, sewerage and electricity had not been accomplished so far, which caused inconvenience to the local residents. Despite repeated written assurances, the developer had failed in executing development works as initially promised by him 27 years ago.
LDA intends to provide basic amenities of life to the residents. It had planned to complete roads network and the unfinished development works in the area. The cost of these works would be recovered by auctioning the mortgaged plots.
http://www.thenews.com.pk/daily_detail.asp?id=200797
The LDA officials said these plots were as guaranties with the Authority for completing development works in this private residential scheme about five kilometres from Lahore General Hospital at Ferozepur Road.
They said the builder has also sold these plots and was not completing the development work in the scheme, which was established in 1982.
They said the physical infrastructure including construction of roads, water supply, sewerage and electricity had not been accomplished so far, which caused inconvenience to the local residents. Despite repeated written assurances, the developer had failed in executing development works as initially promised by him 27 years ago.
LDA intends to provide basic amenities of life to the residents. It had planned to complete roads network and the unfinished development works in the area. The cost of these works would be recovered by auctioning the mortgaged plots.
http://www.thenews.com.pk/daily_detail.asp?id=200797