INTRODUCTION:
Park Avenue Housing Scheme is located just 2 minutes’ drive away from LDA Interchange, Ring Road, Lahore. It is an LDA-approved project offering both residential and commercial plots.
It offers residential plots of 3, 5, 6, 8, 10 Marla, and 1 Kanal are available on easy installments with 20% down payment as well as on cash.
LDA City is located on Main Ferozepur Road 1.5 Km away from Gajumata Metro Bus Station. The project is signal free 13 minutes’ drive away from Kalma Chowk and smooth 15 minutes’ drive away from Allama Iqbal International Airport Lahore via Lahore Ring Road. The southern loop of the Lahore Ring Road will pass through LDA City to link it to the M2 Motorway and Multan Road.
COMPARISON:
If you are looking for 5 Marla plots in Lahore or plots on installments in Lahore this comparative blog will be helpful for you. This blog will help you decide whether a plot on installment in Park Avenue is better or a plot on installment in LDA City. Here is a comparative table for the basic amenities provided by both societies;
Park Avenue | LDA City | |
LDA Approval | ✅ | ⛔ |
Project by | Musa Builders | Lahore Development Authority |
Location | 2-minute drive from
LDA City interchange Ring Road, Lahore. |
13-minute drive from
LDA City interchange Ring Road, Lahore. |
Commercial Plots | ✅ | ✅ |
Residential Plots | ✅ | ✅ |
Sewerage | ✅ | ✅ |
Electricity | ✅ | ✅ |
Water Supply | ✅ | ✅ |
Sui Gas* | ✅ | ⛔ |
Boundary Wall | ✅ | ✅ |
Security Staff | ✅ | ✅ |
Parks | ✅ | ✅ |
Miyawaki Forest | ✅ | ⛔ |
25% Land covered with trees | ✅ | ⛔ |
*Park Avenue Housing Scheme is LDA Approved and thus will have a Sui Gas connection once 20% of the total number of plot holders begin to reside in the society.
RESIDENTIAL PLOT SIZES:
Park Avenue | LDA City |
3 Marla | 5 Marla |
5 Marla | 10 Marla |
6 Marla | 1 Kanal |
8 Marla | 2 Kanal |
1o Marla | |
1 Kanal |
COMMERCIAL PLOT SIZES:
Park Avenue | LDA City |
2 Marla (Sector Shops) | 5 Marla |
2.6 Marla (Sector Shops) | 8 Marla |
5 Marla | 10 Marla |
15 Marla |
RESIDENTIAL PAYMENT PLANS:
Park Avenue:
LDA City:
COMMERCIAL PAYMENT PLANS:
Park Avenue:
LDA City:
CONCLUSION:
The very first controversial thing about LDA City is that people think as it is LDA’s flagship project, it will automatically be LDA Approved. This is clearly not the case. And after thorough research, we can confirm that LDA City is, indeed, not LDA Approved.
A non-approved society cannot guarantee you Sui Gas, proper voltage, or even a safe investment. It can be labeled illegal at any moment, a NAB case can be opened against the investors/developers of the society like many other government schemes. The land will be seized and you won’t be able to transfer your plot anymore. Taking such a huge risk with a large sum of your hard-earned money is foolish.
On the other hand, Park Avenue is completely LDA Approved and its original scanned NOC is posted all over its social media platforms as well as the society website so that it is easier for potential buyers to access it. (https://parkavenue.pk/lda-approval/)
If you are reading this block to find a suitable option for buying 5 Marla plots or a plot on installments in Lahore, you already know the importance of an LDA Approval. The LDA City is quite a letdown in this department.
Moving on to the next thing, online presence. LDA City hardly has an official account on any social media page. This makes it difficult for the end-user to study the society before making an investment decision about it. On the other hand, Park Avenue has an active online presence on Instagram, Facebook, YouTube, Twitter, and LinkedIn. It also has an official website with a live chat option so your queries can be answered as quickly as possible.
Moreover, LDA City is offering plots on cash only with no possession. The possession will be given after 1.5 years. While Park Avenue offers instant possession and construction rights in all blocks except B-block.
All in all, Park Avenue is a much safer investment option for buying 5 Marla plots in comparison with LDA City. Aside from the LDA Approval, which is extremely important, the amenities provided by Park Avenue are better than LDA City. Therefore, Park Avenue’s LDA Approval, better amenities, and affordable payment plans make it much more suitable for getting plots on installments in Lahore than LDA City.