Non LDA Approved Disadvantages

LDA Approval is given to the residential societies by LDA. Lahore Development Authority or commonly known as LDA is the development authority for Lahore City that approves and rejects the development happening or ought to happen in the city. LDA Approved Residential Societies means that they are approved by the development authority of the city as it is fulfilling the basic requirements that include electricity, gas, water, sewerage, and much more. Development projects need to be approved from the LDA to gain a legal status.

Non LDA Approved Disadvantages

The residential societies approved by the LDA are more attractive for the investors as they are featuring more facilities that are required by the government development authority and have less chances of the loss of investment. Investors consider less chances of fraud while investing in the properties when the societies are LDA approved.

What are the non-LDA Approved disadvantages for the residential societies?

There are a lot of disadvantages if the residential societies and other projects are non-LDA Approved. Some of them are listed below to help the investors save their hard earned money.

Illegal status:

The societies that are non-LDA Approved are considered illegal in status by the government. Government discourages the investors to invest in such society or project. If they want to invest in any such society, they cannot claim anything in the future in case of fraud and will be solely responsible for it.

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It is also advised to not invest in the non-LDA Approved societies by the government as they are not currently fullfilling the terms and conditions that are required for a society to incorporate.

The new projects by well-known and trusted developers and societies can be trusted to some extent as they will be having a history that they will soon turn from non-LDA approved to LDA approved.

Banned by the Government:

The projects and societies which do not even get their NOC from the LDA are banned by the government to carry on their promotional and marketing activities to attract buyers. Government can also take strict legal actions against the management too.

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In most cases, the buyers invest in the non-LDA Approved societies as the deals offered by them in their marketing campaign are very less expensive than other societies that are in surrounding area. People invest their hard earned money to secure a low cost investment, which is not possible in a legal area, but it has a negative effect and in most cases people are prone to fall in the trap of the fraud.

No amenities are available:

The societies that are non-LDA Approved do not provide any amenities and facilities that can improve the lifestyle of the residents. For example, in most cases there is a broken road system or lack of amenities like sewerage, lake of availability of clean water for household purposes, lack of security, lake of schools, hospitals/clinics, etc.

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Living in these conditions is quite miserable. If the investors want to invest in a low cost societies due to their tight budget, they should invest in the low cost but LDA Approved societies.

Penalty for illegal Development:

In case, where development without approval was carried out occasionally in different parts/times or it is not possible to identify exact dates of defaults/violations, the estimated time for on-site development will be calculated.

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The penalty shall be imposed for this estimated time period. The total time period for imposition of penalty for illegal development shall not be more than the time granted for execution of the approved scheme under Rule 48 of LDA PHS Rules 2014. The penalty shall be estimated proportionally by assigning the following weightage to different works as under:

Sr.Development WorkWeightage
1Road works25%
2Water supply, sewerage and drainage25%
3Electricity and street lights25%
4Natural Gas10%
5Horticulture works10%
6Solid waste management system05%

 

Not every residential society is LDA Approved in Lahore. There are hundreds of such societies to be named. Investors should try not to invest in these societies as they are considered illegal by the government. The list is also available on the website of LDA (https://lda.gop.pk/website/page.php?p=TWprek53PT0=). Investors should check this list before investing their hard earned money.

Why LDA Approval is important for residential societies?

Many residential societies very proudly mention that it is LDA Approved. This is because the investors only want to invest in the residential societies which have attained the legal status or are just about to gain the LDA Approval.

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Investors should not invest in the societies where they can’t see the future of LDA Approval. This future can be easily seen by how much rules and LDA terms are being followed.

For booking or selling your property or plot in any LDA Approved residential societies, contact Pakistan Property Services. We provide you better consultations for your real estate matters regarding Bahria Town projects being the authorized dealers. For further information, you can also visit our YouTube channel where we update regularly to get to know about the new trends in real estate market of Pakistan.

Projects We Deal in:

Many residential and commercial societies in Pakistan are evaluated carefully to help our clients make the better decision. Pakistan Property Services helps the clients invest in projects with good prospects that depend upon the parent company, developers, location, payment plan, amenities they can have in the desired project.

Lahore:

Lahore is the cultural and economic hub as well as the provincial capital of Punjab. The city is well known for its huge economic opportunities in different sectors. People come from different areas to grab these opportunities and have a residence here. Below the list of some of the top Projects in Lahore:

Karachi:

Bahria Town Karachi is a benchmark within the landscape of Karachi with its world-class excellent-planned society. This society is sketched with an area concept to supply outstanding lifestyle facilities to its residents and can introduce new benchmarks of community development in Karachi. Below the list of some of the top Projects in Karachi:

Islamabad:

Islamabad is nestled against the backdrop of the Margalla Hills. It is a modern, planned city with wide tree lined streets, large houses, elegant public buildings and well-organized bazaars. It is however; always under construction to improve transportation or develop new housing areas for its growing population. The walkways are shaded, safe, and separated from the traffic by rows of flame trees, jacaranda and hibiscus. Roses, jasmine and bougainvillea fill the parks, and scenic viewpoints show the city to its advantage. Below the list of some of the top Projects in Islamabad:

Rawalpindi:

Rawalpindi is an important administrative, commercial, and industrial centre. Its industries include locomotive works, gasworks, an oil refinery, sawmills, an iron foundry, a brewery, and cotton, hosiery, and textile mills; it also produces shoes, leather goods, pottery, newsprint, and tents. Below the list of some of the top Projects in Rawalpindi:

Gujranwala:

Gujranwala is a city and capital of Gujranwala Division located in Punjab, Pakistan. It is also known as “City of Wrestlers” and is quite famous for its food. The city is Pakistan’s 5th most-populous metropolitan area, as well as 5th most populous city proper. Below the list of some of the top Projects in Gujranwala:

Multan:

Multan is city of Saints, it is best place to live if you belong to either middle class family, rich family or a poor family. The city is now develop city of Pakistan you can get every life facility here easily at low cast. Multan’s foods are very delicious especially mangoes of Multan are world famous. Below the list of some of the top Projects in Multan:

Bahawalpur:

Bahawalpur lies in the heart of South Punjab and is filled with stories that surround the legacies of Kings, Nawabs and their extravagant lifestyles. Below the list of some of the top Projects in Bahawalpur:

Peshawar:

Peshawar is the capital of the Khyber Pakhtunkhwa province of Pakistan. It is the biggest city of Khyber Pakhtunkhwa and is a relatively prosperous city. It is also a cultural and economic hub of Khyber Pakhtunkhwa. The city is famous for its food and tourism as it is one of the oldest cities of Pakistan with a recorded history that dates back to 539 BC. Below the list of some of the top Projects in Peshawar:

Gwadar:

Gwadar, town and seaport, southwestern Balochistan province, southwestern Pakistan. Located on the sandy Nuh headland that juts southward into the Arabian Sea, the town is an important fishing (sardines and sharks) and trade centre. Below the list of some of the top Projects in Gwadar:

Suggestions:

We can see that the Pakistan Real Estate Forecast 2021 suggests investing more in this market as it promises a huge profit in the coming future. The investors should purchase the properties at a low rate so that they can earn more by selling it once the rates are good enough.

Related Cool Links:

Maps of Societies and Projects in Pakistan:

Maps are the only source to view online high resolution 24 hours updated maps of Housing Societies, Schemes, Towns, Villas and Homes in all over Pakistan. Below the list of maps of some of the top Projects in Pakistan:

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