PM Imran Khan to lay foundation stone of LDA City Naya Pakistan project
LAHORE: Prime Minister Imran Khan will inaugurate the construction of 4000 apartments under Naya Pakistan Housing Project (NPHP), informed Punjab Minister for Housing, Mian Mehmood-ur-Rashid while visiting the project site.
The governing body of the Lahore Development Authority (LDA) also granted approval for the PC-1 worth about Rs.20 billion. Under this, the authorities will carry out work for the construction of roads, water and sewerage system, and other infrastructure activities over 8,500 kanals in Halloki area of LDA city.
The phase-1 is to be inaugurated by Prime Minister Imran khan.
He further added that LDA had sought approval from the Punjab cabinet for the allotment mechanism of 4000 apartments to be built in the first phase of LDA City Naya Pakistan project.
The governing body had already approved a draft of the agreement between LDA and Bank of Punjab for extending Letter of Comfort to the potential allottees, extending them loaning facility and transferring these amounts in a special bank account created for the project.
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