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Developers of Housing Schemes to be Registered in the FDA

Real Estate News
21 Feb 2020
Developers of Housing Schemes to be Registered in the FDA

Developers of Housing Schemes to be Registered in the FDA

Faisalabad: The Faisalabad Development Authority (FDA) Director General Suhail Khawaja has said that FDA would register the developers of private housing schemes for ensuring transparent, lawful, and organized town planning system.

While chairing a meeting with the developers of various private housing schemes, Khawaja said that FDA governing body had given approval for the matter of registration of developers of housing schemes and the work on it would be started immediately.

He also said that the registration of developers was a significant and useful step to control the mushroom growth of illegal and unapproved housing schemes that cause financial damages to the public. Once the decision is implemented, no developer could establish a housing scheme without registration with the FDA in its jurisdiction. He also made it clear that the developers of under-process applications of approval would also have to register with the FDA first then their cases would be considered.

According to the details, there are three categories of registration devised in this regard. Developers of housing scheme of more than 600 Kanal land would be included in category A and a registration fee of PKR 700,000 would be applicable. The category B applies to land of up to 600 Kanal with a registration fee of PKR 400,000. Similarly, the category C applies to a land of below 600 Kanal with a registration fee of PKR 200,000.

The meeting was also attended by Additional Director General FDA Amer Aziz, Deputy Director Raheel Zafar, Director Town Planning FDA Mehr Ayub, Deputy Director Admin Yasir Ijaz Chatta, and other officers.

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