LDA City Apartments: PM performs balloting in Islamabad

ISLAMABAD: Prime Minister (PM) Imran Khan performed the balloting of Lahore Development Authority (LDA) City Apartments – a joint venture by the Naya Pakistan Housing and Development Authority (NAPHDA) and Lahore Development Authority (LDA).

Out of the four-thousand apartment project, a total of two thousand apartments will be distributed amongst those registered with NAPHDA.

Each apartment worth Rs4.7 million will be distributed at a down payment of 10 per cent.

The remaining amount can be paid over five to twenty years by the owner. The process of paying instalments will begin once the possession is handed over to the applicant.

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