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Lahore Real Estate Forum: Property News & Community Talk : ,

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   Nasir
Thursday, November 19, 2020 09:19 AM 
Reply: >
DHA PRISM AND STATE LIFE 2 MERGER COMING AHEAD
ahmed replied on Thursday, November 19, 2020 10:07 AM 

any authentic Source?
Nasir. replied on Thursday, November 19, 2020 10:40 AM 

Please see the yesterday Jang news paper classified portion. Also in AGM held on 15 November 2020, the Sate Life Management has taken approval from their members for merger
ksa replied on Thursday, November 19, 2020 11:11 AM 

Today is Nov 19,20, what is the outcome of AGM?
Nasir.. replied on Thursday, November 19, 2020 11:19 AM 

The 80% majority of member voted in favor of merger. It is formalities to be completed by Sate Life Society prior to be official announcement by DHA
waseem replied on Thursday, November 19, 2020 02:16 PM 

Long Road ahead. This approval is now to be discussed with DHA. Depends how much land State Life has to offer. & What kind of development charges + land will be offered to state life plot holders. The 1 kanal plot is already reduced to 14 marla, 10 marla to 7 marla. So DHA will probably will offer 10 marla to 14 marla holder & 5 marla to 7 marla holder + development charges + long road ahead of development, considering prism took 6-7 years.
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