Islamabad: The Capital Development Authority (CDA) has announced a ‘golden opportunity’ for the expats to invest in residential plots of various sizes in the authority’s C-series Sectors, according to an advert published in national dailies on May 17.
Read:CDA launches affordable apartment project for overseas Pakistanis Overseas Pakistanis, who are interested in owning a residential plot in Islamabad, should log on to the ‘Online Application Forms Window’ to register from May 23. It was highlighted that the plots are located in C-series Sector, in a serene environment with abundant green spaces and offer easy access to urban conveniences. The computerised balloting for these plots will be held on June 20.
Special incentives for Overseas Pakistanis:
As per the advert, following are the ‘special incentives’ for expats investing in these plots: • Completely online process
• Payments are to be made in USD through the banking channel
• One person can file multiple applications
• Connected to Kashmir Highway, close to GT Road and Motorway
• Rebate of 10% on full payment made within 30 days on the issuance of the provisional offer letter
• Layout plan approved and available on the CDA website
• Seamless property transfer facility available at CDA Facilitation Center
• Facility of transfer is available after depositing an initial 25% down payment. Payments are to be made as per timelines and conditions mentioned in the brochure
• Due to enhanced connectivity and quick sector development, plots that have been allotted in C Sectors on a Land Sharing basis are currently being sold and bought at a premium price
Eligibility criteria for applying for CDA C-Series Sectors
• Only expats holding valid Pakistan Origin Card/NICO and dual nationality holder Pakistanis can apply
• A registration fee of USD 200 is charged for each application.
Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.
I saw the advertisement, but where is the online process afterward? It lloks like CDA has not progressed any further after it advertised about that in paper.
But how to find the link for the online application. It is not showing on CDA’s website.
I saw the advertisement, but where is the online process afterward? It lloks like CDA has not progressed any further after it advertised about that in paper.