+- Pakistan Real Estate Times - Pakistan Property News (https://www.pakrealestatetimes.com)
+-- Forum: Pakistan Real Estate / Property News (/forumdisplay.php?fid=1)
+--- Forum: LahoreRealEstate.Com Prices Updates (/forumdisplay.php?fid=10)
+--- Thread: LDA City: Pakistan's Biggest Housing Scheme (/showthread.php?tid=15997)
LDA City: Pakistan's Biggest Housing Scheme - Salman - 06-10-2014 03:39 PM
With a population of 10 million people and a high population growth rate of over 3 percent per year, Lahore is fast emerging as a leading metropolis in the region. It is one of those fast expanding cities of the world which facing tremendous population growth pressure, due to internal migration. Being a mega city of Pakistan with relatively the best urban infrastructure, education and healthcare facilities, security, as well as business and employment opportunities, Lahore has been attracting and welcoming people from all over the Punjab as well as all the other three provinces of the country in unprecedented numbers. In the near past, the Lahore Development Authority (LDA) had developed expansive and state-of-the-art residential communities, including the Allama Iqbal Town, Faisal Town, Johar Town, Gulberg and Garden Town. All these five projects besides being home to hundreds and thousands of families, have maintained and exude their own unique identities, making Lahore a modern and matchless city. With the ever-growing population in the 21st century, Lahore now needs more such exclusive urban communities to cater to the needs of its residents. Many private developers are playing their positive role in the development and expansion of Lahore, yet mega - communities mega-communities are a need of the hour.
In line with its grand traditions, the Lahore Development Authority has now undertaken development of LDA City, Lahore.
Envisioned as a home to 40,000 families, LDA City, Lahore will be the biggest and most modern urban community in Pakistan. Above all, adhering to the National Housing Policy, the project has been master-planned to cater for the needs of the middle and lower income groups as well as to the need for luxury of high-achievers. It offers plot sizes from the most affordable up to 1 Kanal and 2 Kanal luxurious residences.
LDA City, Lahore is conveniently located on the main Ferozepur road, towards south of the Lahore Ring Road and in the vicinity of Metro Bus Station (Gajju Matta). This biggest housing scheme in the Punjab comprises of 45,000 Kanals of land area, with ample spaces for road infrastructure, greenery, parks and public recreation. On the South, the LDA City Lahore embraces the Ferozepur Road, to its North, it has the Defence Road/Hadyara Drain and towards its West it has the Karachi Railway Line, Halloki. In future, the project will be expanded to comprise a total of 60,000 Kanals of land area.
LDA is developing LDA City Lahore under public-private partnership. For this purpose, five leading Development Partners (DPs) have been taken on board and as per agreement the (DPs) will be procuring and providing land for the project in the most transparent manner.
Being a mega project, LDA City Lahore is being planned by a World Renowned Company as per international standard, where the construction of expansive underpasses, overhead bridges, vast road networks, parks, business centers, educational, healthcare and recreational facilities will cater for all present and future needs.
The location chosen and earmarked for LDA City Lahore is the most prime within Lahore and promises an ideal home for every Lahore based resident, businessman and employee. It is close to all prominent commercial centers of Lahore, and offers the best transportation and conveyance facilities via the Lahore Metro Bus, the Lahore Ring Road and the Railway station in the project vicinity. LDA City Lahore, with its commitment to public welfare, offers extremely affordable plots and the best possible opportunity for everyone.
Copyright Business Recorder, 2014