Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Letters of displeasure to DCOs spending less than 5pc funds
01-06-2012, 12:51 PM
Post: #1
Letters of displeasure to DCOs spending less than 5pc funds
Letters of displeasure to DCOs spending less than 5pc funds

LAHORE: The Lahore Development Authority on Thursday auctioned eight out of the 26 mortgaged residential plots of Venus Housing Scheme against a sum of Rs. 22.4 million.

Open auction of plots was held in LDA Community Centre, 239-A, NewMuslimTown. Auction committee of LDA comprising of Director Finance, Director Estate Management and Director of Land Development LDA conducted the auction which was participated by a large number of people.

Per marla base price of these plots had been estimated by the approved Evaluators of the State Bank of Pakistan. Maximum bid was offered for plot No 114 block B, measuring one Kanal and 161 square feet.

It was auctioned against Rs.One lakh and 58 thousand per marla where as its base price had been evaluated as Rs. one lakh and 15 thousand per marla.

Minimum bid was offered for plot No. 17 block B, measuring one kanal, 12 marlas and 81 square feet. It was auctioned against Rs. one lakh and eight thousand per marla where as its base price had been evaluated as Rs. One lak and five thousand per marla. Other plots were also sold out at the price higher than the base price. Auction of 18 remaining plots had to be postponed because no bid was offered for those.

Venus Housing Scheme is an LDA approved scheme which is situated on main Ferozpur Road, only two kilometres away from GeneralHospital.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Govt of Punjab Spending Billions of Rupees in Development of Sialkot Road Projects LRE-Azan 0 1,783 11-06-2017 05:08 PM
Last Post: LRE-Azan
  G-11/3 (C-type apartments): Minister for issuance of allotment letters Salman 0 4,185 12-17-2013 01:39 PM
Last Post: Salman
  Motorways funds diverted to big bosses areas, PM informed Salman 0 4,248 07-19-2013 12:13 PM
Last Post: Salman
  Funds for NHA schemes slashed to Rs 9 billion Salman 0 1,975 05-02-2013 11:30 AM
Last Post: Salman
  CDA directed to issue plot letters toG-13 affectees Salman 0 3,762 12-21-2012 01:51 PM
Last Post: Salman
  Road works: Two underpasses put on hold due to lack of funds Salman 0 3,680 11-09-2012 01:23 PM
Last Post: Salman
  Rawalpindi Developmen News : Funds for projects released Salman 0 2,767 09-27-2012 02:35 PM
Last Post: Salman
  LDA budget: Bulk of over Rs1b spending allocated to Avenue 1 Salman 0 3,567 09-17-2012 01:09 PM
Last Post: Salman
  Peshawar road project delayed for want of funds Salman 0 3,795 08-13-2012 12:36 PM
Last Post: Salman
  Lack of funds halts Rawalpindi uplift projects Salman 0 3,365 08-13-2012 12:35 PM
Last Post: Salman
  Non-release of funds hinders two mega projects Salman 0 2,985 08-11-2012 12:30 PM
Last Post: Salman
  ‘Poor’ CDA selling plots to generate funds Salman 0 2,480 07-27-2012 11:40 AM
Last Post: Salman
  Keys, possession letters handed over Salman 0 3,115 04-27-2012 01:01 PM
Last Post: Salman
  Keys, possession letters handed over Salman 0 3,238 04-27-2012 01:00 PM
Last Post: Salman
  Mutual funds industry crosses Rs 300bn mark Salman 0 2,241 12-21-2011 01:25 PM
Last Post: Salman
  Housing Scheme: Punjab University teachers to get ownership letters soon Salman 0 3,680 12-15-2011 02:31 PM
Last Post: Salman
  Shortage of funds halts flyover projects Lahore_Real_Estate 0 2,404 10-22-2011 01:37 PM
Last Post: Lahore_Real_Estate
  Lahore Property News: Plot owners in Sabzazar scheme not given letters for 25 years Lahore_Real_Estate 0 3,545 08-24-2011 04:53 PM
Last Post: Lahore_Real_Estate
  Ashiana allotment letters distributed Lahore_Real_Estate 0 2,157 08-17-2011 01:15 PM
Last Post: Lahore_Real_Estate
  Lack of funds hampering repair of water tankers Lahore_Real_Estate 0 2,202 08-04-2011 12:44 PM
Last Post: Lahore_Real_Estate

Forum Jump:


User(s) browsing this thread: 1 Guest(s)