Pay in installments after ownership an LDA apartment  


admin
 admin
Admin
Joined: 2 years  ago
Posts: 314
04/03/2021 12:14 pm  

According to news sources, LDA Vice Chairman SM Imran said allottees of the LDA City Naya Pakistan Apartments project will pay PKR 570,000 as a down payment. The government will also provide a subsidy of PKR 300,000 per unit.

What's more, after possession of his own unit, it is expected that allottees will pay the rest of the installment. That is, in the first 18 months of construction, allottees are not committed to paying anything.

The Naya Pakistan Housing and Development Authority (NAPHDA) has also confirmed that plots will be assigned to early applicants on a first-come, first-served basis. Prime Minister Imran suggested that paying a small amount would encourage people to buy their own homes instead of paying rent.

In related developments, LDA has opened an ESCROW account precisely to ensure the transparency of the project and the dedicated use of funds.

Visit the Red Real estate website for valuable content on a real estate plan and further follow-up.

Subscribe Our Youtube Channel
Red Real Estate Youtube Channel
Follow Our Official Twitter
Red Real Estate Twitter Page
Like Our Official Facebook Page
Red Real Estate Facebook Page


ReplyQuote
Topic Tags
Share:
  
Working