CM to Instrument Balloting for LDA City Apartments
According to the Lahore Development Authority’s (LDA) official social media account, the Punjab Chief Minister (CM), Sardar Usman Buzdar, will conduct the balloting for the distribution of 2,000 LDA City Naya Pakistan Apartments to current government workers.
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There have reportedly been 13,277 applications for these units. In order to get the “letter of comfort,” those applicants who recently won the balloting are urged to get in touch with Bank of Punjab (BoP) and its designated banks.
These residences are a component of the 4,000 units that make up the first phase of the government’s announced 35,000 LDA City Naya Pakistan Flats.
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Recently, applications from government workers with monthly incomes of PKR 50,000 or more after deductions were invited to apply for these apartments, which will cost PKR 2.7 million. Individuals who have been assigned and want more assistance can appeal to the Naya Pakistan Housing & Development Authority (NAPHDA).
The candidates who receive this NAPHDA subsidy will be required to put down 10% of the total cost, while the rest applicants will be required to put down 21%. After taking possession, the balance for the units will be paid in monthly installments.
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