LDA To Approve Redraft Of Property Management Regulations In Forthcoming Meeting
Lahore: A redraft of the Management of Properties of Lahore Development Authority (LDA) Regulations 2021 is finally completed.
The revised draft is expected to receive approval from the LDA’s governing body in the forthcoming meeting. It was back in 2019 that the LDA Authority put forward the draft of Joint Venture Rules for approval by the government.
Director General LDA established a committee led by the Additional Director General of Urban Planning to draft the Management of Properties. The draft was constructed with the input of relevant stakeholders.
The Director of Law and Senior Legal Advisor of LDA vetted the draft, which was later published on LDA’s website to seek suggestions from all stakeholders, professionals, and the general public as well.
The Joint Venture regulations will enable LDA to coordinate with governmental bodies to plan and execute joint ventures with mutual decisions.
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