Friday, 29 March 2024, 01:51:36 pm

Punjab CM performs balloting of LDA City Naya Pakistan Apartments
April 20, 2021

Punjab Chief Minister Usman Buzdar conducted draw of 13277 applications for allotment of 2000 LDA City Naya Pakistan Apartments in Lahore today (Tuesday).

Speaking on this occasion, Chief Minister said in the first phase, 2,000 apartments will be allotted to Provincial, Federal and LDA employees in Lahore.

He said price of the apartment is about 2.7 million rupees and successful applicants will approach Bank of Punjab and its designated banks for obtaining Letter of Comfort.

He said applicants who are successful in getting subsidy from Naya Pakistan Housing and Development Authority will submit ten percent down payment and  others will submit  twenty one percent down payment while the remaining price of the apartment will have to  pay  in easy monthly instalments after shifting to the apartment.