LDA records 371.25 percent increase in revenue collection

[Lahore_Real_Estate]

LAHORE (October 26, 2010) : Lahore Development Authority (LDA) has recorded an increase of 371.25 percent in revenue collection during the first 20 days of the current month, as a result of corporate style functioning of its One Window Cell at Johar Town.

According to the LDA'S spokesman on Monday, a total of Rs 94.357 million has been collected by LDA during this period under different heads, including fee for transfer of plots, submission of building plan, sub-division of plots, extension in the building period and other miscellaneous heads. This amount is Rs 68,900,000 more than the amount of Rs 25.417 million that had been received by the authority during the corresponding dates of the previous month.

It is to be noted that the amount collected during August 2010, prior to the establishment of One Window Cell on September 7, was only Rs 19.7 million. The current collection is 478.68 percent more than the amount collected in August.

As many as 6097 applications have been filed by the people at the One Window Cell since its inception. So far 5078 applications have been disposed off. Hence disposal rate of applications is 83.3 percent. The remaining applications are under process and will be disposed off within the given date.