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LDA City Naya Pakistan Apartments Construction Cost Increased

According to our sources, the Lahore Development Authority (LDA) has informed us that the construction cost of LDA City Naya Pakistan Apartments has increased from PKR 2.247 million to PKR 2.95 million.

Read: How to Choose The Right Contractor to Build Your Dream Home?

The increase in the cost of primary construction materials, steel bars, and cement prompted the rate adjustments. It has been claimed that the cost increase for this project has reached 2.80 billion Pakistani rupees in the last year alone.

Read: New Metro City Gujar Khan Development Updates 2022

Ahmed Aziz Tarar, director general of the Land Development Authority (LDA), indicated that the government would bear the extra costs and offer allottees a subsidy. For this reason, the LDA and Bank of Punjab (BOP) have struck an agreement to provide buyers with mortgage finance.

The contract between the LDA and BOP is known as the “Project Mortgage Deed.” The arrangement will allow recipients to pay through financial channels.

For more information and details, visit our website Al Sadat Marketing.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

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Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

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