Around 4000 apartments planned under Naya Pakistan Project

A descriptive meeting of LDA’s focal persons under the vice-chairmanship of Sheikh Muhammad Imran held to plan about the allocation procedure of Naya Pakistan housing scheme project. The meeting was attended by MPA Sadia Sohail Rana from Lahore, WASA Vice Chairman Sheikh Imtiaz Mahmood, Major Syed Burhan Ali (retd), Amir Riaz Qureshi, WASA MD Syed Zahid Aziz, LDA Director General Ahmed Aziz Tarar, Commissioner Lahore and representatives of provincial housing, local government finance and planning and development departments.  Under the first phase of Naya Pakistan Project, Lahore Development Authority has planned to take the approval of the construction of nearly 4000 apartments. A summary of the plan will be presented to the Punjab Chief Minister and the said authorities will forward that summary to the Supremes to determine targeted factors such as price of unit, eligibility criteria etc.  The LDA plans to construct a total of 4000 apartments, each comprising of two bedrooms on an area of 650 square feet with an estimated cost of Rs 2706,519. Through which easy payable method in form of easy monthly installments, applications for allotment will be received through Bank of Punjab while extensive advertising will be carried out through newspapers.