Everyday News

LDA: Scheme Developers Under Scrutiny for Plot Sale Frauds

LAHORE: The Lahore Development Authority (LDA) has formed a committee of seven members to devise measures to protect citizens from fraudulent developers. 

invest with imarat

Islamabad’s emerging city centre

Learn More

The group members include the Additional Director General (housing, convenor of the group), Director to LDA Director General (Headquarters), Chief Metropolitan Officer, Chief Town Planner, Director (Master Planning), Director (Law/High Court) and senior legal advisor.

The notification released read, “Pursuant to the approval granted by the LDA director general, a working group is hereby constituted to examine the issues related to the enforcement mechanism of the private housing societies.”

According to the details, the committee will also review the management structure of vertical or highrise buildings in Lahore. 

“The working group shall recommend improvements in existing enforcement regime, as well as suggest ways and means to ensure fair management of developed housing societies and high-rise buildings. The group shall also take input of the representatives of the association of builders and developers (ABAD), private housing societies and experts and submit its report, preferably within one week positively,” the notification further added. 

 

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…

19 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