Hi, i want to know that if i select house price is 5 million and i will pay 50 % as down payment then how much total amount i have to pay.Please reply me as soon as possible
Nouman ,
It depends upon the individual contract. Inflation factor should be considered.
As A M Abbasi sahib has clearly stated that this depends on the contract between buyer and seller. If you pay 2.5 million as 50% advance payment (bayana) then the balance 50% is normally paid when you get the ownership/deeds of the property transferred in your name. Under normal circumstances this should be done as soon as possible as I have heard of many stories where the seller later on changes his mind and tries all sorts of tricks to either get more money or get the sale cancelled.
OK…for the non resident Pakistani, whats the eligibility criteria for bank loan…
If you have a bank a/c with a local Pakistani bank e.g HBL, UBL etc. Then best to ask your local bank manager.
I work in Lake city Lahore and we offer instalments options on several of our properties if your interested contact me 00923344359009
or whats app me on +447476142071
Shahzada Faisal Ali