Tag: Iqbal Sector

  • LDA City Lahore: 6th Balloting Schedule & File Price Update

    Notice: LDA City Lahore – 6th Balloting & File Market Update

    The 6th balloting is anticipated in the coming year and will focus on Iqbal Sector Phase 1. Primary blocks slated for this round are Block AA, Block BB, and Block CC. Block EE and Block FF are also potential candidates, supported by recent commercial plot auctions and rising file volumes in those areas.

    Land acquisition progress remains a key indicator. Significant parcels have been secured near Sharif Medical City, Block TT, Block SS, and the 980-kanal Fatima Jinnah Park. Visible soil mounds along the canal route toward the LDA City interchange and Lake City route confirm physical possession of these lands.

    All genuine LDA City files represent the cost of acquired land, ensuring each allocation corresponds to a numbered plot on the ground. Development charges are applied in phases: the first and second ballots were billed together, as were the third and fourth. Charges for the 5th ballot have not yet been issued; they are expected to be combined with the 6th ballot charges once that round concludes.

    Market rates for residential files have moved upward amid high transfer activity and tighter supply. Current prevailing price brackets are:

    • 5-marla files: approximately 31 to 31.25 lac
    • 10-marla files: approximately 53 to 53.25 lac
    • 1-kanal files: roughly 93.50 lac

    These rates reflect the shifting baseline of the Iqbal Sector file market ahead of the 6th balloting.

    Contact information Name: Choudry Mujahid Yasin ( CMY ) Phone: +923224929992 Whatsapp Available