Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Purchase of plots: LDA advises buyers to ascertain legal position
04-23-2012, 12:28 PM
Post: #1
Purchase of plots: LDA advises buyers to ascertain legal position
Purchase of plots: LDA advises buyers to ascertain legal position

Keeping in view frequent complaints regarding sale of plots on additional land or un-approved area by the sponsors of approved private housing schemes, Lahore Development Authority (LDA) has advised the intending buyers for ascertaining the legal position of a plot before finalising any transaction in these schemes.

According to LDA spokesperson on Saturday, LDA has also warned the people to beware of purchasing such plots that had been mortgaged with LDA as guarantee for completing development works in these schemes by their owners.

It has recommended the people to contact Director Commercialisation, LDA, for getting details about the exact status of a plot before purchasing it in order to avoid inconvenience as a result of buying such plots.

LDA will not be responsible for any loss if this advice is not followed by the purchasers.

LDA has already informed the general public that sponsors of 14 private housing schemes at Ferozepur Road, Lahore, were illegally offering sale and purchase of plots because LDA had not granted approval for these schemes.

LDA has advised the people not to enter into any contract of sale or purchase of plots in these schemes till the approval is granted by them.

LDA would not be responsible for any loss and consequences thereof.

These schemes include Vital Homes Housing Schemes, Ideal Garden Society, Green Cap Housing Scheme, Fateh villas, Malik Park, Grand Avenue Housing Scheme, Gulberg Park Housing Scheme, Subhan Gardens Housing Scheme, Anwar Town, Roshan Town, Faisal Town, Akhtarabad Housing Scheme, Wak Land and Elite Town.
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
  RDA Takes Legal Action Against Five Unlawful Housing Societies, Files FIRs LRE-Azan 0 275 10-21-2023 06:54 PM
Last Post: LRE-Azan
  Government Of Pakistan NOW Offers Digital Power Of Attorney For Sale Purchase Of Prop LRE-Azan 0 1,218 11-19-2021 06:54 PM
Last Post: LRE-Azan
  CDA to purchase 33 buses for city service Salman 0 3,950 01-13-2014 07:08 PM
Last Post: Salman
  Legal battles take heavy toll on CDA working Salman 0 5,385 12-17-2013 01:42 PM
Last Post: Salman
  CDA Receives Minor Response Form Buyers Salman 0 8,721 10-02-2013 08:04 PM
Last Post: Salman
  EOBI Scandal: FIA Is Harassing Housing Societies On The Pretext Of Legal Action Salman 0 8,436 08-30-2013 01:40 PM
Last Post: Salman
  CDA's Legal Action Slowed Down By Legal Hurdles Salman 0 3,458 01-03-2013 06:17 PM
Last Post: Salman
  Legal hurdles slow down CDA legal actions Salman 0 3,491 12-26-2012 12:22 PM
Last Post: Salman
  Islamabad Property News :CDA not in a position to launch new sectors Salman 0 3,713 01-04-2012 11:47 AM
Last Post: Salman
  Defence Ministry told to produce purchase deed of Jinnah House Lahore_Real_Estate 0 6,330 12-20-2011 01:48 PM
Last Post: Lahore_Real_Estate
  Expo helps entrepreneurs show products to foreign buyers Salman 0 4,282 10-25-2011 12:22 PM
Last Post: Salman
  Land purchase case Lahore_Real_Estate 0 3,397 05-20-2011 12:02 PM
Last Post: Lahore_Real_Estate
  SBP advises public to exchange old-design Rs.500 banknote by Sept 30th Lahore_Real_Estate 0 3,165 04-25-2011 01:49 PM
Last Post: Lahore_Real_Estate
  LHC dismisses plea of power purchase from China Lahore_Real_Estate 0 3,044 12-23-2010 01:51 PM
Last Post: Lahore_Real_Estate
  LDA Ave1: Operation Against Il-Legal Occupants Stopped LRE 1 5,167 11-20-2010 09:33 PM
Last Post: LRE
  1 more arrested in Rs1.6bn NICL land purchase scam Lahore_Real_Estate 0 3,667 11-16-2010 01:52 PM
Last Post: Lahore_Real_Estate
  Purchase of animals on weight basis picks up in city Lahore_Real_Estate 0 3,335 11-13-2010 01:34 PM
Last Post: Lahore_Real_Estate
  Registration of sale, purchase of properties: computerised system being launched soon Lahore_Real_Estate 0 3,676 10-21-2010 04:48 PM
Last Post: Lahore_Real_Estate
  Companies to purchase power from small producers Lahore_Real_Estate 0 3,232 09-28-2010 02:52 PM
Last Post: Lahore_Real_Estate
  Shahbaz advises Gilani not to confront judiciary Lahore_Real_Estate 0 3,226 09-27-2010 12:25 PM
Last Post: Lahore_Real_Estate

Forum Jump:


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