PM Imran Khan to lay foundation stone of LDA City Naya Pakistan project

LAHORE: Prime Minister Imran Khan will inaugurate the construction of 4000 apartments under Naya Pakistan Housing Project (NPHP), informed Punjab Minister for Housing, Mian Mehmood-ur-Rashid while visiting the project site.

invest with imarat

Islamabad’s emerging city centre

Learn More

The governing body of the Lahore Development Authority (LDA) also granted approval for the PC-1 worth about Rs.20 billion. Under this, the authorities will carry out work for the construction of roads, water and sewerage system, and other infrastructure activities over 8,500 kanals in Halloki area of LDA city. 

The phase-1 is to be inaugurated by Prime Minister Imran khan.

He further added that LDA had sought approval from the Punjab cabinet for the allotment mechanism of 4000 apartments to be built in the first phase of LDA City Naya Pakistan project.

The governing body had already approved a draft of the agreement between LDA and Bank of Punjab for extending Letter of Comfort to the potential allottees, extending them loaning facility and transferring these amounts in a special bank account created for the project. 

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Punjab Forms Investment Advisory Committee to Boost Economic Growth

Lahore: In a key step to stimulate economic activity and attract greater investment, the Punjab…

7 hours ago

Lahore Ring Road to Get Six Modern Rest Areas

Lahore: The Lahore Ring Road Authority has unveiled plans to establish six state-of-the-art rest areas…

1 day ago

Dubai Eyes Tokenised Property Deals via Digital Currency by 2025

Dubai is on track to become a global pioneer in digital property investment, with plans…

2 days ago

EPBD Urges Policy Rate Cut to 6% Amid Fears of Industrial Collapse

LAHORE: The Economic Policy & Business Development (EPBD), an independent economic think tank, has called…

3 days ago

Sindh CM Orders Acceleration of Land Digitisation and Integration of Digital Platforms

Karachi: Sindh Chief Minister Syed Murad Ali Shah has directed the Board of Revenue (BoR)…

4 days ago

Understanding Land Tenure and Pakistan’s Progressive Framework

What is Land Tenure? Land tenure refers to the system of rights, responsibilities, and arrangements…

6 days ago