LDA to launch low-cost apartments project in Lahore.
The Lahore Development Authority (LDA) is going to launch a low-cost apartments project in Lahore.
The LDA has also released a short video detailing the five different types of apartments for middle-income individuals. The five different types of apartments include 650, 800, 1100, 1500, and 2200 square yards apartments that will be constructed in Halloki village near Lahore.
The LDA has also signed an MoU with the Bank of Punjab and initially, the apex authority will construct 4,000 apartments of 650 square yards. LDA will construct a total of 35,000 apartments under this project.
The price of 650 square yards apartment would be around Rs. 2.7 million. It would be a two-bed apartment with one attached and one detached bathroom. There will also be a lounge, kitchen, and a balcony. The LDA intends to provide all the facilities and utilities for this project. The timeline for the project has not been shared as yet.