Online Property Transfer by LDA – E-Bidding System | Lahore Development Authority

Transferring property to one’s own name has always been a trouble and full of difficulties due to the great amount of paperwork to be signed and processed. In addition to these difficulties, the process is very unclear and owners have to pay a lot in addition to their transfer fee to make sure they get their proper paper work and get their property on their name.

E-Bidding System by LDA:

Now, Lahore Development Authority (LDA) is introducing a new online system of transferring property which is the E-bidding System. This E-bidding system is an online property transfer by LDA to help the public to get their property on their own names. When the process of property transfer will be made online, it will be clear and transparent.

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LDA Director General Chaudhry Muhammad Ali Randhawa chaired a meeting to review the procedure to start the E-bidding system. During the meeting, the attendees talked over the transfer of properties for overseas Pakistanis as well. The meeting also talked over an online portal establishment to handle other topics.

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The meeting was attended by Director (DG Headquarters) Akbar Nakai, Director Administration Imran Ali, Director Computer Services Abdul Basit Qamar, and other relevant officeholders.

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An online portal will be created which is under consideration right now. This E-bidding system will be useful for public auction for the plots. The main benefit of E-bidding system will be increase in transparency in the transfer of properties. This step will demote the counterfeit properties for which many investors are hauled and they are told to pay huge amounts for the properties which will not be transferred to their names at the end of the day.

Good News for Overseas Pakistani:

The online property transfer by LDA will also benefit the Overseas Pakistani Investors as they won’t have to come to Pakistan just for property transfer. They can complete this process online. Overseas Pakistani can also save themselves from the counterfeit properties by using E-Bidding system.

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Many investors who are outside the country are tricked and are asked to pay different amounts in the name of “transfer fees”. E-Bidding online property System will a useful and important step in this regard.

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This is a good news for overseas Pakistani investors.

For more information, keeping reading blogs by 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.

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Bahria Sports Villas different precincts
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DHA’s in all cities of Pakistan

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:

Rawalpindi Ring Road Latest Developments

Faisalabad:

Faisalabad, formerly known as Lyallpur named after the founder of the city is the third-most-populous city in Pakistan after Karachi and Lahore respectively, and the second-largest in the eastern province of Punjab. Below the list of some of the top Projects in Faisalabad:

DHA Faisalabad

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:

DHA 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.

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: