Dear Experts, I have come to know that many societies including Bahria Town Sector D, E and F are still not approved by LDA. LDA has issued multiple warnings to people that these societies/sectors are not approved and buyers and sellers shall do any transactions at their own risks.
Moreover, there are many societies in Lahore which are not fully LDA approved. What risks are there while investing in such societies?
Looking forward to all experts comments.
M.A.K replied on Friday, May 22, 2015 05:24 PM
I especially request sir CMY to comment in detail. Thanks a lot. |
Jameel replied on Friday, May 22, 2015 08:49 PM
Most of Lahore's old Localities are not approved by LDA, Usually to get approved by LDA society should Have big size" minimum i d ont know" Land should be clear and Plan should be as per LDA requirement including School Graveyard place for grid commercial etc, As you know requirements of House as well.
Previously we saw that LDa was just sending warning in news Papers not to Buy But recently we have seen that sometimes they act on site as well breaking Boundary destroying gates and doing other stuff as well.
The biggest draw back of Such areas is if Land in not clear then there can be issues and then becomes merely " Qabza Land"
best thing is to buy in Approved societies or Land with registry in Patwar Khana,
This is more important if you are buying for investment as people Keeps on waiting 10+ years to get a reasonable offer at par with Market, keep in mind Liquidity of Property is very poor, That is why I always recommend big brands where sale and purchase is active. |
Moin K replied on Saturday, May 23, 2015 01:19 AM
Is DHA is under LDA? |
Block B replied on Saturday, May 23, 2015 07:04 AM
DHA is housing authority just like LDA . DHA is governed by army and ie meant for army personals. LDA is governed by local civil administration and is meant to provide housing to civilians. |
Aamir replied on Sunday, August 9, 2020 10:08 AM
Peoples are constructing houses in unapproved socities and LDA is silent example is GRAND AVENUES
Second querry is that society is approved
But most sectors are unapproved what is this. |
Waheed replied on Wednesday, December 23, 2020 06:37 AM
Is Al Kabir Town Umer block under LDA or it is safe to buy a plot there? |
