Lahore: The Lahore Development Authority (LDA) has informed interested parties that the deadline for submitting applications to participate in the ballot of LDA City Jinnah Sector commercial plots is today (September 15), according to information published in leading newspapers. Payment of the application fee is due by September 20th, 2021.
The LDA has established a base price of PKR 3.1 million per marla for the aforementioned plots, according to the advertisement’s criteria. The following are the major critical points for prospective applicants, according to the advertisement:
- The non-refundable application fee is PKR 10,000 for plots up to 8-marla and PKR 15,000 for bigger plots up to 15 marlas
- One applicant can submit multiple applications for various categories of plots
- Successful applicants will have to submit 20% of the amount within 30 days of the balloting, with the remaining amount payable in 2 years instalments
- There is a 10% discount on lump sum payment of allotted plot