LDA City Lahore: A Comprehensive Overview
LDA City Lahore is a flagship project of the Lahore Development Authority (LDA). Spanning over massive area of 61,000 Kanals, it is set to become the largest residential project in Pakistan. This mega housing project is located on the main Ferozpur Road, near the famous Lahore Ring Road, making it a prime location for residence and investment.
LDA City Lahore Jinnah Sector
The Jinnah Sector is a significant part of LDA City Lahore. As of August 2023, over 90% of the land for LDA City’s Jinnah Sector has been acquired, and more than 85% of the development work has been completed. The development work is in full swing, with progress being made in six packages.
The Jinnah Sector offers a variety of plot sizes, including 2 Kanal, 1 Kanal, 10 Marla and 5 Marla plots as well. The prices for these plots varymirs as per location and size. For instance, as of 2021, the price range for a 1 Kanal plot in Block A of the Jinnah Sector was between 72 to 110 Lacs, while a 10 Marla plot was priced between 33 to 75 Lacs.
LDA City Lahore Iqbal Sector
The Iqbal Sector is another major sector in LDA City Lahore. The Lahore Development Authority (LDA) approved the revised plan for the LDA City Iqbal sector in its 5th Annual Governing Body meeting. The Iqbal Sector is currently in its planning phase, so no official details are disclosed. However, this phase will feature the best residential properties, including 5 Marla, 10 Marla, and 1 Kanal plots.
The development of the Iqbal Sector is progressing, with 50% of the land acquisition process has been completed. Iqbal sector is offering 2-Kanal, 1-Kanal, 10-Marla, and 5-Marla residential plots.
LDA City Lahore Plot Sizes and Prices
LDA City Lahore offers a diverse range of residential plots. The primary plot sizes available are 5 Marla, 10 Marla, and 1 Kanal and 2 Kanal. The prices for these plots vary based on their location and size. As per the latest data, the price range for a 5 Marla Plot is approximately 25 to 45 Lacs
10 Marla residential plot is approximately PKR 45 lakh to PKR 70 Lacs. For 1 Kanal plot, the prices range between PKR 75 Lacs and PKR 1.3 crore, For 2 Kanal 3 Crore to 4.5 Crores.
LDA City Lahore Development Status
LDA City Lahore is being developed by international standards. The project was announced on May 19, 2014, and has since seen significant progress. The development status of LDA City Phase estimated to be between 80-90% as of January 2024. The project’s completion is anticipated within a rapid timeline.
Possession Updates
In a significant development, hundreds of allottees in LDA City Lahore received possession of their plots on December 30, 2023. This marked the end of an enduring wait of over 11 years. The initial phase witnessed the distribution of possessions of B, C,D,E and F Blocks.
Map Study with Blocks & Current Status of Development
The LDA City Lahore Map shows that there are fifteen (18) blocks. The project is being developed by the Lahore Development Authority (LDA) on a total area of approximately 61,000 Kanals (around 7,250 acres) of land. The development status of each blocksmay vary, and it’s recommended to check the latest updates for the most accurate 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
Development charges For third & 4th Ballot Plots are:
- 800,000 Lacs
- 14,00,000 Lacs
- 23,00,000 Lacs
Ring Road Lahore Connectivities & Benefits
The Lahore Ring Road, a marvel of modern infrastructure, has transformed the transportation landscape of Lahore. The southern loop of the Lahore Ring Road passes through LDA City, linking it to the M2 Motorway and Multan Road. This connectivity significantly eases traffic congestion and enhances the overall accessibility of LDA City Lahore. The project’s completion is anticipated to streamline the movement of thousands of vehicles daily, marking a significant step forward in easing of traffic congestion and enhancing Roads connectivity in Lahore.
In conclusion, LDA City Lahore is a promising housing project that offers a range of benefits to its residents. Its strategic location, diverse plot sizes, and affordable prices make it an attractive investment opportunity. The project’s rapid development and the recent distribution of possessions have further increased its appeal. The connectivity provided by the Lahore Ring Road adds to the project’s value, promising easy access and improved transportation for the residents.
Lahore Development Authority Official Website: https://lda.gop.pk
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