LDA recovers billions in commercialisation fee

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Lahore Development Authority on Sunday collected a sum of Rs 2.3412 billion on account of commercialisation fee, including Rs 2.0012 billion under the head of permanent commercialization. As many as 500 properties which had failed to pay the commercialisation fee despite repeated notices were sealed to gear up collection of commercialisation charges from these properties. Town Planning (TP) wing of LDA disposed off all the 238 applications seeking permanent commercialisation besides taking appropriate action on 168 out of 170 pleas for extension in the permission for annual commercialisation. The TP wing also received a total of 4,273 applications for approval of building plans and 817 for issuance of completion certificates of buildings out of which 4,244 and 803 were disposed of respectively.