The Lahore Development Authority (LDA) has decided to register property dealers and real estate agents so that people don’t get scammed when they buy or sell homes or land.
During the third meeting of the LDA Governing Body for the year 2022, Vice-Chairman LDA Naeem-ul-Haq led the meeting. The decision was made at the meeting, which took place on Thursday.
The LDA Governing Board approved a way to stop fraud and counterfeiting by real estate agents who work for LDA schemes. They also approved SOPs for how to register property dealers and real estate agents with the LDA.
To give LDA employees a basic salary (Rs12,000) as an Eid allowance, the meeting also agreed to give them that amount. This was one of the things the meeting agreed to. Joint Venture Regulations LDA 2022 were also approved by the meeting. Plot Auction Committee was reorganised at the meeting. The Governing Body’s member was added to the committee.
During the meeting, the master plan for 2050 was given to a committee for review, and then it would be sent back to the Governing Body after it had been made public. Wasa Sh Imtiaz Mehmood, MPA Sadia Sohail Rana, Engineer Amir Qureshi, Tariq Sana Bajwa, Farqalit Mir, Qadeer Ahmed Bajwa, and Syed Nadeem Akhtar Zaidi were in the meeting, as well as other people.
To keep people from being scammed, the LDA will register real estate dealers.
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Capital Smart City vs Lahore Smart City is the first question that arises when thinking about Pakistan’s Smart city development project. Moreover, both housing societies are famous for their unique and modern facilities that provide investors with the best living experiences. Therefore, they are building at an ideal site that is highly approachable. The prices are also reasonable according to the amenities these housing schemes offer. Lastly, to know more regarding the investment benefits in these real estate projects, continue reading.
Capital Smart City
Capital Smart City vs Lahore Smart City is the main thought before investing in magnificent real estate properties in Pakistan. Moreover, Future Holdings Developments and Habib Rafiq (Pvt) are real estate project developers. Furthermore, the location is also an exciting aspect of this housing society as it is close to Islamabad and Rawalpindi. And other nearby sites are the Islamabad International Airport and M2 Motorway like the Blue World City. Moreover, the housing society offers residential and commercial properties to all investors. Therefore, investing in this desirable housing scheme will yield higher investment benefits.
Capital Smart City Payment Plan
The payment plan is a vital consideration that investors consider before considering any real estate. Moreover, the Capital Smart City vs Lahore Smart City offers affordable prices to all investors. Furthermore, the instalment plan is here to help future residents buy the properties. But the buyers have to pay the downpayment to start the buying process. Moreover, the details of the payment plan are available on the website of Estate Land Marketing website.
Investment Benefits in Capital Smart City
The amenities always draw the investors to invest in any housing scheme. Moreover, in the case of Capital Smart City vs Lahore Smart City, the facilities available are numerous. Furthermore, the developers are here with all the essential and high-end facilities to ensure the best living standards for all the residents. And the exciting fact is this all these facilities will be available at the minimum rates that will encourage a sustainable lifestyle for all the future residents. Moreover, the amenities will be available 24/7, which also attracts investors. Lastly, there is a perception of high plot rates. Therefore, thorough research before investing here will be valuable.
Lahore Smart City
Lahore Smart City is also one of the unique real estate projects like the Capital Smart City. Furthermore, this developing project is in Lahore, making it a suitable residential investing option for the residents of Lahore. And it is the pioneer of Smart City in Lahore that is the most attractive feature. Moreover, it is close to N5 GT Road and M2 Motorway. Furthermore, the housing scheme has residential and commercial properties that will facilitate the future residents in finding the right fit for themselves. Lastly, the payment plan of this residential project property is reasonable, and its details are as follows.
Lahore Smart City Payment Plan
The prices of properties available here are of a variety of sizes. Moreover, the Capital Smart City vs Lahore Smart City offers affordable properties. Furthermore, the developers want to provide various properties with all facilities at an affordable price range. And the investors are also finding this real estate project interesting because of its instalment plan. Moreover, the prices of the properties start from PKR 2,375,000/- to PKR 7,125,000/-. Lastly, to learn about the latest plot prices, visit the official page of estate Land Marketing.
Investment Benefits in Lahore Smart City
Capital Smart City vs Lahore Smart City offers several facilities to all the investors. Moreover, Lahore Smart City has several benefits for investing. First and most importantly is its highly approachable location. Furthermore, the housing societies provide all basics, including the Grand Mosque, Commercial area, parking area, shops, malls, parks, grounds, fitness area, entertainment area, schools, colleges and hospitals. All these benefits will be available 24/7 at an affordable price range. Lastly, to know the details of investment opportunities here, visit the official website of Estate Land marketing.
Conclusion
Capital Smart City vs Lahore Smart City, both housing societies are desirable real estate investment options. Moreover, the developers are willing to offer all the investors the best, most high-end and sustainable living standards. Furthermore, these housing societies’ location and payment plans are the most attractive features that all investors look for before making any long-term investment. And the options of an instalment are like the cherry on the cake. Therefore, both housing societies are the best residential investment option for investors from Islamabad and Lahore. Lastly, find the latest investment details of these housing societies on the official page of Estate Land Marketing.
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Finalization of the draught LDA property management rules. Lahore Development Authority (Joint Venture) Regulations, 2021, have been revised and are likely to be approved by the LDA’s governing body in the next meeting.
If you look at a document, Section 5 of the Management and Transfer of Properties by Development Authorities Act 2014 (the Act) says that the development authorities can run their properties through joint ventures. Section 20 of the Act allows the government to make rules to carry out the Act’s purposes, and Section 21 allows an Authority to make rules.
On November 26 and 27, 2019, the LDA (the Authority) put together a draught of the Joint Venture Rules for the government to look at. The government went through many consultations before putting the Management and Transfer of Properties by Development Agencies (Joint Venture) Rules 2020 into effect on October 10, 2020, through a Notice in the Official Gazette.
The Lahore Development Authority (LDA) Director General set up a committee led by the Additional Director General (Urban Planning) to write the Management of Properties of Lahore Development Authority (Joint Venture) Rules. The Committee talked to the people who were affected by the regulations and came up with a draught of them. Then, the Director of Law for the High Court and the Supreme Court looked over the draught. The Senior Legal Advisor for the LDA also looked it over. Then, the vetted draught was put on the website of the LDA to get feedback from everyone, including academics, professionals, and the general public, the document says.
According to the document, the draught was finally revised and will be put before the LDA’s governing body for approval at an upcoming meeting. This is because the LDA’s governing body has the power to make decisions under Section 21 of the Act.
If the DG wants to make joint venture proposals, he or she can put an ad in the newspaper or talk to a government agency about creating a joint venture proposal, or the DG can accept an unsubmitted proposal for managing LDA property. The DG can do all the things that are needed to make these things happen, according to draught regulations.
People who want to talk about joint ventures have set up a committee under section 4 of the regulations. The committee will deal with issues about joint ventures and perform such other tasks as the DG wants. Among its members: an extra director general for housing, the chief metro planner, the chief town planner, the director of housing-X, the director of housing, the director of engineering-I, the director of finance, and an officer chosen by the director of housing.
The Joint Ventures Committee can set up subcommittees, or it can ask any of its members to do what it wants to do. Joint Ventures Committee’s recommendations will help the Director General decide what to do. The Director General will be able to use all of the authority’s powers for the joint ventures. The committee may do or have done any studies, surveys, data collection, data analysis, and other things that are needed to evaluate a joint venture proposal and may spend money on them.
There is no need to be more concerned about the generality of sub-regulation (4). The committee can hire or allow the hiring of any professional, technical, or other person that it thinks is necessary for a joint venture.
The regulations say that LDA can work with a government agency to come up with, plan, and carry out a joint venture without open competition on terms and conditions that both parties agree to. If it comes with a feasibility study and a draught joint venture agreement, the LDA might be willing to look at an idea that wasn’t asked for.
The Joint Ventures Committee may do a full review of a proposal that was not asked for, including its technical feasibility, environmental viability, financial health, and legal correctness. If it doesn’t ask for a proposal, the committee can reject it, recommend it to the DG with or without changes, or ask the private party to send the committee any information, record, or other material it needs to make a final decision.
As soon as an unsubmitted proposal is approved, the private party that submitted it will be able to participate in the bidding process. This is called “pre-qualifying.” The private party that comes up with an idea that wasn’t asked for will get 5% more points for its technical proposal.
The private person who came up with the idea without being asked will be able to match the best offer that came from a competitive bidding process. The committee will decide how much the winner of the bid should pay the private party who came up with the idea without being asked. They will also decide how and when the winner will be reimbursed. To be a citizen of Pakistan or to be a natural or legal person who lives in Pakistan is not a condition for making an unsubmitted proposal.
Under Section 7, a joint venture agreement can include all information that is relevant to a joint venture. The Director of Law (High Court and Supreme Court) will look over the joint venture agreements before they are signed.
It’s possible for DG and a partner to set up a special business for a joint venture project in Section 8. The DG and a partner can transfer property and other assets to an SPV on such terms and conditions as they agree to, as long as both agree. This means that the DG may allow the transfer of funds to an SPV or to a partner in accordance with the joint venture agreement even if the work has not been done, the goods have been delivered, or the services have been provided for which they were meant. If this is deemed to be mandatory and in the public interest, the DG will let this happen.
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UAE will expand its hospital capacity in Sindh, according to an envoy. He said on Sunday that the Consul General of the United Arab Emirates, Bakheet Al Remeithi, said that his country was trying to build more health care facilities for Pakistan, especially in Sindh.
After the Shaikh Zayed Hospital for Women (SZHW) had been repaired and renovated, Mr Remeithi said at a reception that the UAE ruler Shaikh Zayed Bin Sultan Al Nahiyan had set up this hospital on the request of then Prime Minister Zulfikar Ali Bhutto, who was in power at the time.
He talked about hospitals in Karachi and Khairpur, where the Hilal-i-Ahmar health facility had been set up and the staff was busy taking care of people who were sick.
In the department of gynaecology and obstetrics at Shaheed Mohtarma Benazir Bhutto Medical University, Prof. Dr. Shahida Magsi is in charge. She is also the director of postgraduate studies at Shaheed Mohtarma Benazir Bhutto Medical University.
She said that because the hospital didn’t have a blood bank or a lab, patients had to deal with a lot of problems, and some people died because they had to wait for blood and other tests to come back.
It should be built, and a new multi-story building should be built in the hospital, she said.
There will be 8,973 births at this hospital in 2020, the director general of health services in Sindh said.
People from the city of Larkana, like Commissioner Ghanwer Leghari, Deputy Commissioner Tarique Manzoor Chandio, and others, went to the hospital and looked at the wards that had been repaired and renovated.
Doctor Abdul Sattar Shaikh gave the guests traditional gifts of Sindhi Ajrak and caps.
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Prime Valley is the Naya Pakistan Housing Scheme project developing in the surrounding Islamabad. And the main reason for building this residential project is to provide investors with the best living standards. Moreover, as we know, it comes under the government housing scheme, so this is the legal housing society. Furthermore, it has approval from Tehsil Municipal Authority Rawalpindi. And the location is on the Moza Sehal in front of Blue World City. Moreover, the housing society has released its pre-launched payment plan. The details of the prices are as follows.
Owners & Developers
The housing society is developing under the supervision of governmental development projects. Moreover, the developers are working efficiently to create a magnificent housing society. Furthermore, they have a group of hardworking professionals designing the master plan of this unique residential project. But, most importantly, the primary concern of the developers is to offer high standards of living to all the investors and future residents. Therefore, investing here will create a long-term asset.
Location & Map
Location is the primary factor in all investors’ minds before making any real estate investment. Moreover, the location is close to Islamabad and Rawalpindi, making this residential scheme a feasible investment option for all investors from twin cities like Seven Wonders City. Furthermore, the site is on the Moza Sehal near the Blue World City. And Srinagar Highway, M2-Motorway, Rawalpindi Ring Road, and Islamabad International Airport are other locations close to this site. All these sites make this residential society highly approachable. Therefore, investment here will be the best residential investment for residents of twin cities.
Prime Valley NOC Status
The no-objection certificate is the first document that all investors must look at before making any real estate investment. Moreover, the developers want to attain the trust of the investors. Therefore, they have approval from the Tehsil Municipal Authority Rawalpindi. But, most importantly, the housing scheme is legal under the Naya Pakistan Housing Scheme, making this housing society a responsible residential investment. Like Kingdom Valley Islamabad, this project also comes under the Governmental housing scheme. Therefore, we can say that this residential society has the trust and confidence of the investors and future residents.
Payment Plan
The housing society is developing under the governmental Naya Pakistan Housing Scheme, making it a reasonable residential project. Moreover, the primary aim of the developers is to offer an affordable lifestyle to all the investors. And to facilitate the investors further, there is also a provision of an instalment plan. So investors from different walks of life can invest here easily.
The investors have to pay the 10% amount for the corner, west open and park facing properties. Moreover, for road facing 5% amount will be needed. Furthermore, monthly and quarterly instalment options will help the investors pay the property’s due amount. And the price range starts from PKR 1,125,000/- to PKR 6,000,000/-. Lastly, to get the latest updates and guidance, ask for expert and professional help to avoid later inconvenience.
Prime Valley Master Plan
The master plan of this residential endeavour is under process. And soon, the investors can access the investors and the future residents. Moreover, several properties will be available for all the residents to attain the best living standards. Furthermore, there will be commercial and residential properties available here. And the best feature will be the prices that will be reasonable enough that investors from all socioeconomic statuses can invest. Lastly, the residential and commercial properties are as follows.
Residential Plots
Several residential properties offer the best lifestyle to all future residents and investors. Moreover, the developers aim to provide all the basics and luxuries to the residents in a single gated community. Therefore, investing here will be a long-term and valuable asset. Furthermore, a fascinating aspect of this real estate investment is the payment plan, a reasonable real estate option for all investors. Lastly, the properties available here are as follows:
5 Marla
10 Marla
12 Marla
1 Kanal
2 Kanal
Commercial Properties
Commercial plots are also a vital part of all residential projects. Moreover, the developers are also want to make the resident economically grow. Furthermore, different sizes of the plots will help the investors to start the business according to their preferences. But, most importantly, the prices will also help the residents to begin any startup. And the properties available here will be:
3 Marla
5 Marla
7 Marla
Development Status
The housing society will be developing soon to facilitate future residents and investors. Moreover, the master plan is desirable and includes residential and commercial properties. Furthermore, highly professional architects and engineers are designing the master plan. And they are working effortlessly to come up with a magnificent real estate project. Most importantly, the housing society is a legal real estate project so the development work will complete far more quickly than other housing schemes. All these aspects signify that the investment here will be a long term asset. Lastly, to know more about the development updates, visit the official website of Estate Land Marketing.
Features
The features available here are the catchy aspect for all future residents. Moreover, some of the features available here are as follows:
Access to all Basics
Schools and Colleges
Grand Mosque
Well Structured Roads
Adequate Sewerage System
Healthcare Units
Parking Areas
Commercial Area
Malls and Shops
Parks and Grounds
High-Quality Infrastructure
Eco-Friendly Environment
CCTV cameras
Secured Gated Community
Facilities
Facilities are also what all residents find the most exciting aspect of investing here. Moreover, the fascinating facilities available here are as follows:
Provision of all Basics
The residential scheme provides all the basic facilities to the future residents. Moreover, there will be a provision of electricity, gas, and water to help achieve sustainable living standards for all the investors. Furthermore, to help the residents more, all these provisions will be available at affordable prices.
Educational and Healthcare Units
The housing society will offer a high standards lifestyle to all the residents. Therefore, there will be schools and colleges following the high-quality curriculum. Moreover, the healthcare units will have world-class equipment to help the residents meet their healthcare treatment. And the health clinics will be available 24/7 in case of a medical emergency.
Grand Mosque
The housing society will make a grand mosque where all residents can fulfil their religious obligations. Moreover, pastoral duties are the primary aspect that all residents benefit from while living in this real estate project. Therefore, living here will be a valuable experience.
Business Hub
Providing a commercial area will help the residents grow financially, as they can have startups according to their preferences. Moreover, there will be several sizes of properties available that investors can choose according to their preferences. Most importantly, all the amenities will be available at affordable prices.
Secured Gated Community
Security is also a vital aspect of sustainable living standards. Moreover, the housing society is a gated community. Furthermore, CCTV cameras will work 24/7 to record all the activities in the housing society. Lastly, security guards will also be performing their best to avoid any mishaps in the community.
Eco-Friendly Environment
Lastly, the housing will be developed by following eco-friendly standards. Moreover, the developers follow urban town planning standards to make sustainable deliverables. Furthermore, these processes allow less wastage that will contribute to the community. Lastly, plantation drive will also be happening in the housing society to add beauty to the area.
Pros & Cons
There are several perks of investing in this magnificent housing society. Moreover, all of them are here follows:
Pros
Provision to all Basic
Scholls and Colleges
Health Clinics
Secured Environment
High-Quality Infrastructure
Parks and Grounds
Ideal Location
Affordable Prices
Parking Area
Commercial Area
Shops and Malls
Adequate Sewerage System
Eco-Friendly Environment
CCTV Cameras
Water Filtration Plants
Cons
The perception of high plot rates
Why Invest in Prime Valley?
The housing society is developing near Islamabad, making it an ideal residential investment for all investors. Moreover, the developers aim in giving the best lifestyle to all the residents. Furthermore, the location and the payment plan are the most attractive features to invest in this housing scheme. And the installation will also help the residents build their dream homes. Moreover, the amenities available here will add to the high-quality lifestyle of the residents. Lastly, this housing society is a viable real estate investment for the residents of the twin cities.
Conclusion
Prime Valley is the modern housing society building in Islamabad to offer all the residents and investors the best living experience. Moreover, the developers also wish to provide a high-quality lifestyle to all the residents at affordable prices. Furthermore, the location is also close to vital sites that enhance the living standards of future residents. And as we know, the housing society will be developing in collaboration with the government housing scheme. Therefore, the prices of the properties are reasonable, and investors can easily invest according to their financial status. Lastly, to know more about the housing scheme, visit the official website of Estate Land Marketing.
FAQs
Q1. What is Prime Valley?
It is the housing society close to Islamabad and Rawalpindi.
Q2. Where is its Site Location?
The site is on the Moza Sehal near the Blue World City.
Q3. Is this housing scheme Legal?
Yes, the housing society is TMA Rawalpindi approved and has approval from Naya Pakistan Housing Scheme.
Q4. Is the location Accessible?
Yes, it is close to the M2 motorway, Islamabad International Airport, and Rawalpindi Ring Road.
Q5. Is the payment plan affordable?
Yes, the prices of the properties in Prime Valley are Highly affordable.
Q6. Is there a provision for Instalment Plan?
Yes, to help the residents in the buying process, there is a provision of an instalment plan.
Q7. Are there commercial properties available?
Yes, there are commercial properties available here.
Q8. Is investing here valuable?
Of course, the housing society offers several amenities at reasonable prices, so investing here will be bliss.
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1947 Housing vs Capital Smart City is the question that arises in all investor’s minds. Moreover, both the housing societies are developing to provide the best lifestyle to all the investors around the country. Furthermore, both of these real estate projects are here on the premises of Islamabad and Rawalpindi, like Blue World City Islamabad. And both of these housing societies are affordable and have fine locality. Moreover, these aspects encourage investors to invest in this real estate project. Most importantly, both housing societies have several properties, including both residential and commercial properties. Lastly, continue reading to know more about 1947 Housing vs Capital Smart City investment benefits.
1947 Housing
1947 housingis a futuristic real estate project that offers high-end living standards to all the investors of twin cities. Moreover, the signal developers are building this housing society. Furthermore, 1947 Housing vs Capital Smart City is the central question for investors’ minds because housing societies offer the best facilities for their investors and future residents. And this housing society is close to the Islamabad International Airport, Srinagar Highway and M2 Motorway. All these sites make this residential scheme highly approachable. Therefore, investing here will yield many benefits. Lastly, keep reading to know more about the payment plan of this residential plan.
1947 Housing Payment Plan
The plot prices are highly affordable, encouraging investors from all economic backgrounds to invest here. Moreover, 1947 Housing vs Capital Smart City is the comparison that investors always look at before investing in any twin cities adjacent to housing societies. And the instalment plan will further enhance the buying capacity of the investors. Therefore, the investment here will be beneficial for all the investors. And the price range of the properties starts from PKR 1,090,000/- to PKR 3,600,000/-. Lastly, visit the Estate Land Marketing website to get the latest plot prices.
1947 Housing Investment Benefits
Several benefits are here that will benefit the future residents. Moreover, the owners are here various properties that will help fulfil the requirements of the future residents. Furthermore, 1947 Housing vs Capital Smart City offers the best living standards to the investors while keeping the affordability factor in mind. And there will be all essential luxuries present in the housing society as the owners aim to provide high end and sustainable living standards to all the investors.
However, there is a perception that the investment here is expensive. Moreover, to get the details regarding the buy here, personally visit the site or attain the information from the experts and professional realtors. Therefore, visit the website of Estate Land Marketing to get the latest real estate investment details.
Capital Smart City
The other housing society in the 1947 Housing vs Capital Smart City comparison is Capital Smart City. Moreover, the housing society is developing in the surrounding of Islamabad and Rawalpindi. Furthermore, it is also close to Islamabad International Airport, M2 Motorway and Kingdom Valley Islamabad. And Future Holdings Developments and Habib Rafiq (PVT) are the developers of this great residential scheme. Moreover, the best feature is the housing society’s amenities that ensure the best living standards for all the residents. Lastly, the properties prices are also highly reasonable, and other details of the payment plan are as follows.
Capital Smart City Payment Plan
In the choice between 1947 Housing vs Capital Smart City, the Capital Smart Cityoffers the best facilities at affordable prices. Moreover, the property prices are highly affordable, enhancing the investors’ buying power. Furthermore, the instalment plan is also here to help the investors from all spectrums of life. And several sizes of plots are present here, including residential and commercial properties that will help the investors choose the suitable real estate investment for them. Lastly, to know the latest plot prices visit the official website of Estate Land Marketing.
Capital Smart City Investment Benefits
If we compare 1947 Housing vs Capital Smart City, the facilities present in this residential project are magnificent. Moreover, the housing society provides several facilities like electricity, gas, water, commercial area, Grand Mosque, parking area, parks, grounds, cinema, fitness area, shops, malls and many more. Furthermore, the interesting fact is all these amenities available at reasonable prices. And as we know, the housing society is a legal residential scheme by the Rawalpindi Development Authority (RDA).
Conclusion
1947 Housing vs Capital Smart City is the fundamental question that arises in the investor’s mind before making any real estate investment. Moreover, both housing societies offer the best lifestyle to all future residents. Furthermore, both are legal residential schemes, providing several. And the location is the fascinating aspect of investing here. And the process is also not the exception in facilitating investors around the country.
Most importantly, these real estate projects are developing at a fast pace. Therefore, the investment in both of these residential projects is vital. And it is the preferences of the investors where they want to make a valuable asset. Lastly, visit the website ofEstate Land Marketing to gain more relevant details.
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Khyber city overseas block is a fascinating feature of this housing society. Moreover, the residential project is developing fast to help future residents start living here soon. Furthermore, the location of this residential scheme is also close to vital sites that will help the residents to approach all nearby localities. And the prices of the properties here are also affordable, making it a suitable investment option for most investors like in Kingdom Valley Islamabad. Especially for overseas investors investing here will be a blissful experience because the developers provide all the facilities in one gated community. Lastly, keep reading to know regarding the booking of the overseas property in this housing scheme.
Khyber City
Khyber city is a magnificent housing society developing in the surrounding Attock. Moreover, the developers of this housing scheme are Milestone Developers working in collaboration with Sheher Saz. Furthermore, the developers are here with a unique master plan that includes a variety of properties and blocks to offer the best living standards to all the residents and investors like Blue World City Islamabad. Along with all these facilities, an attractive payment plan fascinates most investors. Most importantly, the developers are providing a magnificent lifestyle to all the overseas Pakistani in the Kyber city overseas block. Therefore, investment here will be a valuable option for all investors. Lastly, to know more details about this residential project, keep reading.
Khyber City Overseas Block NOC Status
The no-objection certificate is a vital document that all investors check before investing in real estate. Moreover, this record is also helpful in gaining the trust and confidence of future residents. Furthermore, the housing will also soon receive its NOC status. First, however, they have the approval from the Tehsil Municipal Authority (TMA) Attock. So we can say that this is a legal housing society. Lastly, investing here will be valuable because once they receive their NOC, the properties’ payment plan will spike, and the investment in Khyber city overseas block.
Khyber City Overseas Block
To facilitate overseas, the developers have to build a separate block. Moreover, the Khyber city overseas block has all the basics and the luxuries investors need to lead a happy and sustainable lifestyle. Furthermore, numerous properties of the plots are available here that will facilitate the overseas residents. And to help them in investing in this beautiful real estate project, the developers have set a unique payment plan that is highly affordable according to the facilities it has to offer. Some of the properties available here are as follows:
5 Marla
10 Marla
1 Kanal
Documents Required to Book a Plot
Booking a plot is a lengthy and rigorous procedure. Therefore, thorough research beforehand is mandatory to avoid any risks later. Moreover, estate land marketing The records required to book a plot in the Khyber city overseas blocks are as follows:
Two latest passport size pictures
For overseas investors, NICOP is mandatory
Two copies of the National Identity Card
Two CNIC copies of next to kin
These documents are necessary to start the booking procedure in the Khyber city overseas block. Moreover, the investors need to get the maximum relevant information that will help the investors in avoiding any inconvenience later. Furthermore, a few points are necessary to remember while booking a plot. First, the payment schedule is mandatory to follow because it may cause a delay in receiving the possession of the properties. Lastly, timely investment here is valuable because once the housing society has completed its development work, the prices of the properties may see a spike.
Conclusion
Khyber city overseas block is the most notable feature of this housing society. Moreover, the developers offer the best lifestyle to all the investors and future residents. Furthermore, the location and the properties prices are attractive elements of this residential scheme. And the housing scheme has Tehsil Municipal Authority (TMA) Attock approval. Therefore, the development work is going on quickly, so an investment now will benefit everyone. However, thorough research is essential to start the buying process. Therefore, especially for Pakistani overseas investment here will yield many benefits. Lastly, to get more updates on investment in Khyber city, visit the official website of Estate Land Marketing.
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Faisalabad Smart City is an upcoming housing Project in Faisalabad that aims to provide a sustainable lifestyle to the real estate investors. This project would enlighten the future of this city in the sector of real estate development. This megaproject would provide the residents of Faisalabad an innovative and eco friendly atmosphere. It is going to be the third smart city in Pakistan that would provide smart technological innovations to the real estate investors.
Owners and Developers
This project is going to be a joint project by Future Holding Development(FDHL) and Habib Rafique Private Limited. The developers of this project are one of the main pioneers in construction sector of Pakistan. They have successfully completed some of the most ecofriendly real estate projects over the past decades. Some of their quality management practices have helped them in earning ISO 9000 certification. The developers are committed to provide world class living experience in residential sector. They are one of the main contributors in transforming different cities of Pakistan.
Location and Map
A lot of housing project are considered worthy due to their ideal location. Before looking for the option of real estate investment, location is one of the most important factor. The housing project has more worth, if it has more accessible points. This housing project has an ideal location, as it is near to some other housing projects i.e. Paradise Valley 1,2,3 and Wapda City.
Masterplan
As per the develoeprs, the Master plan of this real estate venture has an outstanding layout, as it aims to attract real estate investors through it. The developers of this project are working to design an efficient masterplan and infrastructure. The masterplan also shows that the housing project would be divided into several sectors. As per the details, this real estate venture would comprise of following sectors.
General block
Overseas block
Executive block
Smart villas
Payment Plan
This world class housing project spreads over extensive piece of land. After the approval of this housing project, it would have several residential plots from 3 Marlas to 1 Kanals. So, the payment plan of the plots would depend on their sizes. The developers of this housing project are also planning to introduce 6 quarterly or 18 monthly installments plan. The investors from every background would be able to enjoy the possession of plots. They would have to pay the negligible amount of almost 10% of the entire amount. Following are some of the payment plans of different plots.
3 Marla plot would lie around PKR 3,000,000 to 4,000,000.
5 and 7 marla plot would be around PKR 4,000,000 to 9,000,000, and the rates would fluctuate often.
1 Kanal and 2 Kanal plots would be around 1 crore to 1.5 crores, and such plots would be suitable for constructing humongous houses and huge bungalows.
Facilities
The developers have not yet updated anything about the facilities available at Faisalabad Smart city project. The developers are planning to bring some of the world class features that no other housing project in Faisalabad has. This real estate project will have all all type basic and modern technological facilities. Some of the facilities involve wide carpeted roads, smart technology, free Wi-Fi throughout the sector, the environment friendly facility would provide the residents of this project with a world class lifestyle. The developers of this project have planned some facilities that they have introduced in their previous projects. Some other smart facilities would also be part of this mega project such as automated waste disposal system, or sensor detecting pollution. Following are some of other facilities that the important part of this project.
It is going to be a gated community with huge security alerts.
Installation of 24/7 CCTV camera.
Boundary walls with electric sensors..
Several parks, and other sports clubs.
Civic Center
Availability of water, electricity, and gas for 24/7.
Huge Mosque
Advantages and Disadvantages
Advantages
Smart technological features
Eco friendly environment
Reasonable Payment Plan
Disadvantages
No NOC approval
Huge perception of plot rates
Why Invest in Faisalabad Smart City?
The real estate investors who are planning to invest in the industrial city of Pakistan, Faisalabad Smart City would be a suitable option for investment after Safiya Homes. It is going to be the first ever smart city in Faisalabad that would be grandeur and lavish. Being a third largest city in the country, it is providing several opportunities in the real estate sector. The city has a huge potential that would further increase the value of real estate sector in this city. With the launch of this project, the worth of real estate sector in Faisalabad would further increase.
Conclusion
A lot of real estate experts have suggested that this project is going to be an affordable project with some of the advanced facilities. As Faisalabad has already established itself as an Industrial hub, so value of the would increase in the real estate sector after the launch of this housing project. Faisalabad is an ideal place to reside, as this city has unlimited number of investment opportunities. This real estate venture is going to play a main role in uplifting of the city. So, now the real investors have best time to invest in this project, as the plots are available at affordable rates. After the NOC approval, the prices would increase more. For further details about this housing project, you may visit the office of Estate Land Marketing. We have a team of experienced real estate agents, who would guide about the investing benefits of this project.
FAQS
Q1. What is Faisalabad Smart City?
It is a forthcoming real estate Project in Faisalabad that aims to provide a an innovative lifestyle.
Q2. Who are the developers of this project?
The owners of this project are Future Holding Development(FDHL) and Habib Rafique Private Limited.
Q3. Where is it located?
This project is locatable near Wapda City and Paradise Valley.
Q4. Is it approved?
No, the owners of this project are talking to relevant authorities for the NOC approval.
Q5. Is it affordable?
As per the developers, the payment plan of this project is quite flexible.
Q6. Does it guarantee a high yield of investment return?
Yes, the reasonable installment plan of this project guarantees the high return.
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48th Housing & Construction Finance Steering Committee meeting. They met in Islamabad on March 30, 2022. In the meeting, the performance of commercial banks on the Mera Pakistan Mera Ghar Program (MPMG) was looked at. They were told about how commercial banks were using their markup subsidy funds. The Governor of State Bank, Mr. Raza Baqir, told them about how things were going at the meeting.
Some commercial banks have given out 59 million rupees to help 17,308 people who applied. People at the meeting also talked about how the toll-free number worked, too. This number was set up to help people who want to get home loans through the MPMG Program. During the month of March 2022, the helpline was able to answer 161,163 calls. 88 percent of these calls were answered in less than a minute. More than 100,000 people asked questions that were quickly answered by the right department.
The number of loans that are approved is going up every day. Lt. General Anwar Ali Hyder, the head of NAPHDA, also came to this meeting as well. President National Bank of Pakistan (NBP), President Habib Bank of Pakistan (HBL), President Habib Bank of Pakistan (HBL), President Bank Alfalah (Bank Alfalah), and President Silk (Silk) were also there. Also President UBL Bank.
A record surplus budget of Rs308 billion is expected to be announced by the Capital Development Authority (CDA) for the fiscal year 2022-23. This would be a record.
This will be the first time that the budget of the CDA will not be based on the money that they get from auctions. Auctions have only been suggested to keep commercial space in the city available at all times. When it comes to income and expenses, it’s the first time in the history of the CDA that they aren’t based on auctions. For the first time, it has been said that the CDA sells plots and pays salaries.
The board of the CDA was told on Thursday that the revised estimates for 2021-22 still show that the government will have a surplus of almost $68 billion at the end. Then, for 2022-23, the figure is Rs308 billion. The main source is the CDA’s projects that make money.
At the meeting, there was a presentation on the CDA’s income and expenses for 2022-23, which was on the list of things to talk about. Section 43 of the CDA ordinance says that this has to be done in February every year. Today, the same thing has been sent in.
In 2021-22, the CDA spent the most money on development, and the proposed plan is to spend about 80% of the money on development and only 20% on recurring costs. This is a complete change from the inefficient trends that have been linked to budgets that are mostly used for non-development.
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