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LDA Launches QR Codes to Save Property Buyers From Fraud

Hall of fame to control Lahore’s urban development, the sole body Lahore Development Authority (LDA) recently took another IT-infused initiative to tackle fraudulent activities. The authority has launched QR-based code to instantly know the legitimacy of the housing and commercial projects  to Save Property Buyers. The initiative was taken keeping in concern the matter of rising property frauds around Lahore. The controlling bureaucracy took the issue with seriousness as the people were getting scammed in the name of property and land.

How Can QR Code Save Property Buyers You From Frauds?

For Public Interest

LDA has announced in a public notice for the people’s awareness to launch a QR code scheme. In this regard, the functionality of determining QR codes to every one is to its endorsed housing projects in Lahore city.

To Legally Manage the Housing Societies

All the residential and commercial development projects which go under the purview. It will have their own predetermined QR code allotted by LDA. Through which they will determine the legal status like the quantity of plots, status, and other important data.

Investors’ Secure Gateway

This QR step is taken with respect to public security as they should check the QR code of a housing society in which they are wanting to put their investment.

What Homebuyers Should Do with QR Code?

In the authority declaration of this QR code initiative, LDA likewise requested that people in general ask. The particular housing society to furnish them with their formally acquired QR code. You should scan the QR code of a specific housing colony in which they are planning to buy a plot or other property.

The QR code will lead them to legal status of the housing society. It will also present them data and more information about the project likewise. In the case of no QR code accessibility, LDA has additionally declared that investors should not take any risk. If there arises an occurrence of property scams caused because of the inability to stick to the precautionary measures. LDA specifies the issues of the mortgage status of the housing projects.

Historic Background Fact of LDA QR Code Initiative

After the rise of real estate scamming cases were reported, people raised their panicking concerns to the Lahore High Court. To make it mandatory for all residential and commercial schemes to show publicly about the legal status. Along with development status and the strength of phase range, sectors’ plan, and number of plots in the specified advertisement.

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