LDA City Lahore: An In-Depth Look
LDA City Lahore stands as a premier initiative of the Lahore Development Authority (LDA). Encompassing an expansive area of more than 61,000 Kanals, it is poised to be the largest residential development in Pakistan. Situated along the main Ferozpur Road, in close proximity to the renowned Lahore Ring Road, this mega housing project offers an ideal location for both living and investing.LDA City Lahore Jinnah Sector Overview
The Jinnah Sector holds significant importance within LDA City Lahore. As of August 2021, more than 80% of the land earmarked for LDA City’s Jinnah Sector has been acquired, and over 65% of the development work has been completed. Progress continues actively across six development packages.The Jinnah Sector offers various plot sizes, including 1 Kanal and 10 Marla plots. Prices for these plots vary depending on their location and size. For example, as of November 2021, prices for a 1 Kanal plot in Block A of the Jinnah Sector ranged from 70 to 115 Lacs, while a 10 Marla plot was priced between 32 to 85 Lacs.
LDA City Lahore Iqbal Sector Overview
The Iqbal Sector stands as another significant area within LDA City Lahore. The Lahore Development Authority (LDA) approved the revised plan for LDA City’s Iqbal Sector during its 5th Annual Governing Body meeting. Currently in the planning phase, specific details have not yet been disclosed, but this sector is slated to offer premier residential options, including 5 Marla, 10 Marla, and 1 Kanal plots.Development in the Iqbal Sector is underway, with 50% of the land acquisition process already completed. Alongside residential apartments, the Iqbal Sector will feature plots in sizes ranging from 2 Kanal’s to 5 Marla’s..
LDA City Lahore Plot Sizes and Pricing
LDA City Lahore presents a variety of residential plot options. The main plot sizes offered include 5 Marla, 10 Marla, and 1 Kanal. Prices for these plots vary depending on their size and location. According to the most recent information, a 10 Marla residential plot is priced between approximately PKR 40 lakh and PKR 70 lakh. For a 1 Kanal plot, prices range from PKR 69 lakh to PKR 1.3 crore.Development Update of LDA City Lahore
LDA City Lahore adheres to international development standards. Launched on May 19, 2014, the project has made substantial strides forward. As of April 2019, Phase I of LDA City was reported to be 50-70% complete. Completion of the entire project is expected to occur swiftly within a four-month timeframe.Plot Possession Updates
In a notable update, numerous individuals who had been allotted plots in LDA City Lahore were granted possession of their plots on December 30, 2023. This concluded a lengthy wait spanning over 11 years. The first stage involved distributing possessions to over 1,500 allottees in C Block.Block Configuration & Development Status Overview
The map of LDA City Lahore illustrates the presence of fifteen (15) blocks. This project is under development by the Lahore Development Authority (LDA) across a total land area of about 58,000 Kanals (roughly 7,250 acres). The development progress of each block can differ, so it’s advisable to refer to the latest updates for the most up-to-date information.Development Charges
The development charges for LDA City Lahore have been officially announced for Phase 1. The charges are as follows:
- 5 Marla: PKR 400,000
- 10 Marla: PKR 690,000
- 1 Kanal: PKR 1,150,000
- 2 Kanal: PKR 2,300,000
Ring Road Lahore Connectivity & Advantages
The Lahore Ring Road, a feat of modern infrastructure, has revolutionized the transportation network of Lahore. The southern loop of the Lahore Ring Road intersects LDA City, connecting it to the M2 Motorway and Multan Road. This linkage significantly alleviates traffic congestion and enhances the overall accessibility of LDA City Lahore. The completion of this project is expected to streamline the movement of numerous vehicles daily, representing a substantial advancement in alleviating traffic congestion and improving connectivity in Lahore. In summary, LDA City Lahore is a promising residential development that offers a multitude of advantages to its inhabitants. Its strategic positioning, varied plot sizes, and competitive pricing render it an appealing investment prospect. The swift progress of the project and recent possession allocations have further heightened its allure. The connectivity facilitated by the Lahore Ring Road contributes to the project’s value, ensuring convenient access and enhanced transportation for its residents.
LDA City Lahore: Secure Investment Choice in Pakistan (2024 Update)
