Kamal replied on Thursday, June 15, 2017 06:40 AM Oh No |
Habib replied on Thursday, June 15, 2017 10:45 AM yes it is true not all Blocks but some areas of these Blocks. But again Mortgage does not mean that these belong to LDA, it never happened that LDA Took over but yes in Market they are sold at less price is an issue but not big, usually these plots are 15% Cheaper than other Plots, Many people have homes in IEP and Chinar Bagh Mortgage Blocks and Living happily |
Tahir replied on Friday, June 16, 2017 09:59 AM LDA does not pass maps of mortgage plots and some time demolish construction on it. I am also effected of a 3 marla mortgage commercial plot in BOR society near jinnah hospital. I hesitated to give 50000 bribe in 2005 and later on in 2011 was ready to offer 5 lac but at that time no one Lda official accepted offer due to hard policies. Total expected loss which I had to bear is 30 million in terms of 13 years rent price hike of construction cost etc... Although my plot increased from 1.2 million value to 8.1 million |