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State Life Phase 2 Lahore & Lake City Merger: NAB Case Approval & Latest Updates! - Printable Version

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State Life Phase 2 Lahore & Lake City Merger: NAB Case Approval & Latest Updates! - LRE-Azan - 11-08-2024 12:46 PM

State Life Phase 2 Lahore & Lake City Merger: NAB Case Approval & Latest Updates!



State Life Phase 2 and Lake City have successfully merged, receiving approval from the National Accountability Bureau (NAB). The merger has resolved the longstanding dispute over the project, providing clarity for investors. The project now operates under Lake City's management.
Key Updates

The merger includes Phase 1, Phase 1 Extension, and Phase 2.
Double E Block's 7-marla plots have been downsized to 4-marla plots.
Double A Block's 14-marla plots have been upgraded to 8-marla plots.
Lake City has taken over the project's management and will issue letters to plot owners.


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