Lahore Development Authority LDA has provided the platform for the employees of the Punjab Government to submit the application for 2,000 Naya Pakistan apartments. Stay with us and learn the process that how to submit applications for LDA City Naya Pakistan Apartments.
LDA City is inviting Punjab Government employees to submit the applications for the allotment of Naya Pakistan Apartments. What the procedure to submit an LDA city application and who can apply for this scheme. Here you will know all about your queries.
Eligibility Criteria To Submit An Application Form In LDA City:
LDA is notified by the civic agency about the rules of submission of the application form. The applicant must have to read out the following rules to check that he/she is eligible or not for this scheme.
- The user must be an employee of the Punjab Government, LDA, WASA, and TEPA.
- The employee must have a salary of 50.000/PKR per month
How To Apply For Naya Pakistan Apartment In LDA City:
LDA City project is signed with a Bank Of Punjab (BOP) under the chair of Chief Minister of Punjab Usman Buzdar. The application form is available on the official site of the Bank of Punjab. The user has to fill the all of the requirements and submit the form along with a processing fee of 5,000/PKR.
Note The last date of submission 18 April.
According to this agreement, the Bank of Punjab will construct 35,000 apartments and 4,000 apartments will be constructed in the first phase. The cost of one unit will be 2.7 million. These apartments will be allotted through the computerized ballot and the winner will receive the forms from the designated branch of the Bank of Punjab.
In addition, the eligible user can also file for the subsidy of 300,000/PKR and if the user gets that susidy then he/she has to pay a 10% down payment. While the remaining user has to pay a 21% down payment. This subsidy can be payable in 5 to 20 years.
These apartments will be constructed with the joint venture of LDA & NAPHDA over an area of 8500 Kanals in 3 years.
Here you have all of it guy. I hope that the information I have provided to you will be quite helpful for you in the submission of the application for LDA City Naya Pakistan apartments. if you have any queries about this content, feel free and just ask in a comment box. We would be pleased to assist you.
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