Lahore Development Authority (LDA) has issued updated regulations for allowing businesses to promote trade, commerce, and industry in four progressing districts of Lahore. An LDA spokesperson stated that the new guideline would improve employment numbers per the Land Use Rules 2020.
The LDA spokesperson further added that the new regulations reduce commercialization fees by five percent. The payment procedure is swift and offers businesses to pay in easy installments in three years instead of two. The authority will also assist buyers to extend their businesses on an existing piece of land if the need for infrastructural expansion arises.
NGOs and charitable arms will benefit a great deal because of this. The spokesperson added,
A new concept of setting up commercial zone has been introduced, under the title of Area Development Project, on an area of 24 kanals to 200 kanals.
Further, the LDA has approved the construction of residential and low-rise commercial buildings once a workable building plan is submitted to the authority. Processing of the applications by a private architect has also been allowed for the issuance of a completion certificate within 30 days. In this regard, the authority devised the guideline in a way that removes the hassle of repeated visitations to LDA’s offices.
LDA’s Roadmap for the Year 2021
Following an agreement with NADRA, the Lahore Development Authority has gained access to its database. A special counter to facilitate NIC holders has been established at the LDA One Window Cell for one-stop registration of commercial ventures. A succinct commercialization timeline has been mandated with immediate effect:
- Plans for residential, commercial, and industrial warehouses/inventories will be approved in 30 days
- Completion certificate of the building will be issued 30 days after construction
- Conversion to commercial, industrial, and other use of land in 45 days after construction
The water connection fee and the time required for its connection has been reduced by WASA. Reports suggest an online fee submission platform will be started soon, pending approval.
A new gateway has been constructed near Thokar Niaz Beg on Multan Road. Other developments include an overhead bridge near Jinnah Hospital and patching roads in different parts of Lahore, including Johar Town, Gulberg, Allama Iqbal Town, Canal Bank Road, Harbanspura, Gujjarpura, Samanabad, and Multan Road.
Currently, the authority is working on cleaning, washing, painting, and installing lights in 11 underpasses on both sides of Canal Road in Lahore. Furthermore, 15 overhead bridges in the same area have already been cleaned and are being maintained periodically.
Meanwhile, the biometric impressions of all buyers and sellers of the plots will be verified before processing any official transactions. According to sources close to the authority, this process is aimed at eliminating any chances of forgery and fraud.
It is worth mentioning here that under the guidance of CM Buzdar, LDA’s initiatives have improved Pakistan’s position in the Ease of Doing Business (EODB) ranking by 54 positions, improving Lahore’s score from 58.16 to 70.4.