Everyday News

ACE requests five-year land acquisition records from LDA

LAHORE: The Anti-Corruption Establishment (ACE), on Sunday, requested records from the Lahore Development Authority (LDA) regarding land acquisition in major housing schemes, including five high-end neighbourhoods, from 2018 to 2023.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to details, the ACE will scrutinize whether landowners were appropriately compensated through exemptions (offering developed plots in exchange for surrendering their entire land to the government), allotment of plots to the general public, and other related matters.

The areas highlighted in the letter include Allama Iqbal Town, Gulberg, Johar Town, Sabzazar, Garden Town, Upper Mall, Tajpura, and Gujjarpura.

According to an anonymous source, there are reportedly minor issues in areas such as Allama Iqbal Town, Gulberg, Garden Town, and Upper Mall, while the main problem lies in Johar Town, Sabzazar, Tajpura, and Gujjarpura.

Specifically, Sabzazar has encountered issues related to exemptions, allotment, and exchange of plots. The exchange of plots, which involves assigning better plots than the ones originally given, has benefitted many individuals.

For news and blogs, visit Graana.com

Laila Waqar

Laila Waqar is the Content Lead at Graana.com. With a bachelor's degree from LUMS, her expertise lies in curating research-based content in line with market marketing requirements. She is a detailed-oriented professional who focuses on delivering quality content that is enlightening and engaging.

Recent Posts

Rome’s Affordable Real Estate Draws Increasing Investor Interest

As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…

23 hours ago

Dubai’s Second Tallest Tower Burj Azizi Shatters Records with Global Luxury Sales Launch

Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…

4 days ago

Real Estate Set to Surge as Government Plans to Scrap FED on Property Deals

The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…

5 days ago

Egypt Launches MLS-Powered Real Estate Platform for Transparency & Investment

Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…

5 days ago

CDA to Hold Open Auction for Commercial Plots in Islamabad from February 25

The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…

5 days ago

Islamabad’s Three Day Spring Festival Set to Wow Visitors with Cultural Showcase

The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…

6 days ago