Naya Pakistan apartments has been launched by LDA city authority. There will be 35000 apartments in LDA city. And in 1st phase 2000 apartments will be delivered to the people.
Lahore development authority has recently announced LDA city apartments, which is under the project of prime minister Naya Pakistan housing scheme.
In its initial phase, 2000 apartments will be allocated. Each apartment area will be 650 sq ft. The applicants can register themselves for this from March 24, 2021, to April 18, 2021.
Who can Apply?
- People who are the employee of LDA, WASA & TEPA.
- People who have less than 50,000 salaries.
How We Can Apply
The application form will be available on the Punjab bank website from March 24, 2021, to April 8, 2021. After filling the online application form, the applicant has to submit 5000 process fees at designated banks.
Cost of Apartment
Balloting for Naya Pakistan Apartments
After getting the applications in said duration, i.e. March 24, 2021, to April 18, 2021, LDA will organize balloting with the help of the Punjab information technology board.
Who can Get Subsidies?
An applicant whose name will be in the balloting can apply for a subsidy for this. They have to register an application in Naya Pakistan housing & development authority (NAPHDA).
Applicants who succeed in getting a subsidy will have to pay only a 10% down payment. Moreover, they also have 3 Lac subsidies in the total amount. And the remains will have to pay a 21% down payment.
People will have to pay the remaining amount in instalments after getting possession of their apartment. The instalment plan will be straightforward & feasible. So that people can quickly deliver the instalments.