LDA Approves Rs. 88.6 Billion Budget for 2026-27

In practice, the Lahore Development Authority (LDA) governing body has approved an Rs.

Key points

• The session additionally approved the development and marketing of commercial plots on 118 kanals along Ferozepur Road near Arfa Karim Tower for a proposed LDA Tech Park.
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• The Lahore Development Authority (LDA) governing body has approved an Rs.
• 10 billion as a Punjab administration loan for structure plan roads and Rs.

In practice, the Lahore Development Authority (LDA) governing body has approved an Rs. 88.613 billion budget for fiscal year 2026-27, setting the authority's revenue target at Rs. 47 billion. While LDA Director General Tahir Farooq briefed members on the agenda, vice Chairman Mian Marghoob Ahmad chaired the governing body session.

Notably, the approved budget includes Rs. 10 billion as a Punjab administration loan for structure plan roads and Rs. 6.3 billion for Annual Development Programme schemes. The LDA allocated Rs. 12.5 billion for development work in LDA City, Rs. 13.5 billion for sustainable development and urban regeneration, and Rs. 4 billion for LDA Avenue 1. LDA Introduces Maintenance Charges Like Private Housing Societies.

For context, the governing body additionally approved a Rs. 3.5 billion budget for TEPA and amendments to the LDA Building and Zoning Regulations, 2019. The authority approved a pilot project to introduce maintenance charges and improved sanitation and other municipal services in LDA Avenue 1, Jubilee Town and LDA Enclave. The LDA will provide these services free of charge for the first two months.

For context, the session additionally approved the development and marketing of commercial plots on 118 kanals along Ferozepur Road near Arfa Karim Tower for a proposed LDA Tech Park. The LDA additionally approved Rs. 100 million for initiatives to create Lahore a child-friendly city in collaboration with UNICEF. Govt Rules Out More Fines on Telcos for Poor Service.

Meanwhile, the session was informed that the LDA achieved a record Rs. 32 billion in revenue during the previous financial year, the first time its revenue crossed that mark. Obtain the latest news and stories wherever you prefer.

For now, LDA Approves Rs. 88.6 Billion Budget for 2026 remains the part of the story worth watching, and further updates are likely as more details are confirmed.