Tag: Plot Balloting

  • LDA City Lahore: 6th Balloting & Iqbal File Market

    LDA City Lahore continues to attract property buyers and investors in the market. Ongoing developmental milestones, growing land possession, and shifting market dynamics mean that anyone holding or considering files in this mega housing scheme should track sector allocations and balloting schedules.

    The next major point of attention is the 6th balloting. Market participants are watching the timeline closely, and current signs point to a ballot in the coming year rather than the current one. Unlike earlier rounds that served the Jinnah Sector, the 6th balloting is expected to focus on Iqbal Sector Phase 1. The primary blocks expected for this round are Block AA, Block BB, and Block CC. Block EE and Block FF are also possible candidates for inclusion. That possibility has gained strength after recent commercial plot auctions in those areas and a steady flow of new file volumes into the marketplace.

    As active file volume rises, the housing scheme expands plot allocations across several blocks. This allows file holders to receive specific plot numbers on the official map as development moves ahead across the designated sectors.

    Land acquisition remains a critical sign of project progress. Large land parcels have been acquired near major project landmarks, including areas close to Sharif Medical City, Block TT, Block SS, and the broad 980-kanal Fatima Jinnah Park. People traveling from the canal route toward the LDA City interchange or the Lake City route can see marked physical activity. Soil mounds on both sides of the road are clear operational signs that those lands have been acquired and secured under LDA City ownership.

    For file holders worried about land rights and legitimacy, LDA City files are supported by actual land acquisition. Every authentic file reflects the cost of land, so allocations can lead to numbered plots on the ground. Under normal development steps, initial file transactions cover the basic land cost, while development charges are set and collected by the Lahore Development Authority at later stages.

    The development charge billing pattern has gone through distinct phases. The first and second balloting cycles had their development charges applied together, then a combined assessment followed for the third and fourth rounds. After the 5th balloting, development charges for those allocations had not yet been levied. When the 6th balloting ends, development charges for both the 5th and 6th ballots are expected to be issued together.

    Residential file trading rates have recently shown an upward trend. High transfer activity and tighter supply of available files have supported better price brackets. Current prevailing rates are approximately between 31 and 31.25 lac for 5-marla files, 53 to 53.25 lac for 10-marla files, and roughly 93.50 lac for 1-kanal files. As demand and transfer volumes shift ahead of the 6th balloting, these brackets may reflect the changing Iqbal Sector file market baseline. The site is https://dhabahawalpur.pk.

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