The wait is finally over for those who were expecting Fazaia Housing Scheme Karachi to issue open registration forms, as open registration certificates will be issued from May 18, 2015, according to a Fazaia Housing Scheme Karachi advert in the newspapers.
Only those members who intend to sell their registration slips need to obtain open registration certificates. However, there’s a catch: you are required to visit the project office of Fazaia Housing Scheme Karachi if you want to get an open certificate for your registration slip.
Furthermore, you are required to submit the following documents to the project office:
1) Original registration slip (having the seal of Fazaia Housing Scheme Karachi’s project office or the bank)
2) Original CNIC of the registered member along with its photocopy
Fee: You need to make a one-time payment of Rs 2,000 to obtain an open registration certificate.
It is also important for you to note that the bearer of the open registration certificate will be considered its owner. So, you really need to keep your open registration certificate(s) safe to avoid any unfortunate incidents.
The recent launch of Fazaia Housing Scheme in Karachi excited property investors across the country. Registration slips were issued and a large number of people invested in these slips, which were traded in the market at a reasonable profit on their face value.
Fazaia Housing Scheme Karachi at first announced that it would issue open registration certificates, and on the basis of this announcement, some people held their registration slips with a hope that the value of these registration slips would increase after the issuance of open registration certificates. Now that Fazaia Housing Scheme Karachi has announced the date for the issuance of open registration certificates, it is time to see how investors will respond to this move.
If you would like to ask anything further about registration slips, I am here to chat with you in the comments section below.
Disclaimer: Zameen.com does not vouch for the authenticity of individual sellers of Fazaia Housing Scheme Karachi forms in the comments section of this blog post and cannot be held responsible for their actions. Please conduct any and all transactions at your own risk. Neither Zameen Media (Pvt) Ltd nor any of its employees can be held responsible in case of losses.
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sir plz make ammendment they anounced project office of fazaia housing karachi not project office karachi. so there will be also a project office in lahore they have not yet announced
Dear Mr Zaheer,
Yes, you are right. I have changed it accordingly. I also that Fazaia Housing Scheme would open an office in Lahore for its Karachi’s project. Let’s see when they open an office in Lahore.
Thanks!
zain Nadeem
WHAT ABOUT ISLAMABAD ‘ RAWALPINDI ‘ LAHORE’MULTAN ‘PEOPLE HOW THEY CAN GET OPEN CERTIFICATE ???????????
Assalam o alaikum,
Dear Mr Riaz,
I heard they would open an office in Lahore, but let me confirm how the people of Islamabad, Rawalpindi and Multan will be able to apply for open registration certificates.
I will get back to you InshaALLAH.
Regards,
zain Nadeem
we will wait for further information regarding fazaia housing karachi , like what will be the procedure in other cities to buy .
Mr Riaz,
I came to know it through a source that Fazaia would open an office in Barkat Market Lahore.
Regards,
zain Nadeem
SIR where it is being alloted in karachi ,In which place ? AREA NAME?
Dear Zain Nadeem.
thanks for informative blog , just want to ask if some one bought slips from original registered person what would be scene ? would he be able to open the registration certificates or original person should be present in office.
waiting for prompt reply,
Best regard,
Liaqat Ali Khan
Assalam o alaikum,
You are welcome Mr Liaqat,
In that case, the original owner will be able to apply for open registration certificate. And the bearer of the open certificate will be its owner.
Regards,
zain Nadeem
Dear Zain
What is the meaning of open registration certificate before balloting. If a person obtain open registration certificate and he is not successful in balloting, then what will be its benefit. Further, If someone obtain an open registration certificate and later on don’t want to sell the plot, what will be criteria to retain it.
Regards,
Shahid
SRKHAN,
Open registration certificate is for the ease of those who want to trade registration slips before balloting, as the bearer of the open certificate will be the owner.
Regards,
zain Nadeem
Can you please tell me Price /expected price of slip of different categories in fazaia scheme khi. Kindly send mail if possible.
regards,
According to my knowledge, the current rate of standard registration form is between Rs 32,000 and 35,000 these days and for luxury, the rate hovers between Rs 38,000 and 40,000.
However, there is no specific market defining the rates, as a number of property dealers an investors are holding these forms and are trading at different rates.
Rest ALLAH knows better.
Regards,
zain Nadeem.
Dear zain.
Assalam.o.aliakum.
kindly tell me expected Balloting date OR month?
Regards
Ahmed
Wa alaikumussalam,
Fazaia Housing Scheme has not yet unveiled the date of balloting, so it would be pointless to say anything in this regard.
However, according to the rumours flying about in the market, the balloting will take place within 2 months.
Rest ALLAH knows better.
Regards,
zain Nadeem
Dear Zain,
Please confirm if I am right ? Even with the open certificate you are not 100% that you will have a plot ? Balloting will decide the successful certificate holders, true? Second quick one, if you are not successful you will get your original paid money back from Faizai ( not ON money)?
Looking forward to hear from you. TIA, Reagrds,
Assalam o alaikum,
Yes Mr Ahmed, you are right. Successful certificate holders will those who will have their names in balloting. Secondly, Fazaia will only refund Rs 10,000 and Rs 15,000 for standard and luxury apartment to unsuccessful form holders.
Regards,
zain Nadeem
ASA,
I do not live in KArachi but UAE, and am interested in obtaining a plot, or a constructed [small] house/apt. for my personal use, not for sale. How much do I pay; what is the office address? What is the exact location of the FAzaiya housing scheme? WOuld appreciate a detailed reply. Thanks
Wa alaikumussalam Mr Obeyd,
There is no development in Fazaia Housing Scheme as of now. It is a long-term project, so i think your requirements do not match this project.
Their main office is in Karachi, but now they are planning to open another office in Barkat Market, Lahore.
Regards,
zain Nadeem
What is the location of this scheme?
Dear Sir,
I am subscriber of your news letter which i regularly read. The guidance regarding properties are really fabulous, i appreciate your affords.
I owe a 10 marlas plot in Phase.VIII (Ex-Air Avenue) N-260. This plot was purchased by me before the merger of A.A with DHA. This plot is wholly saving of my life. I observe that the prices of plot at Ex-Air Avenue are increases with a low pace as compare to other Phases of DHA. Now the balloting of Phase.IX is ahead, please guide me being a brother will I sell my plot at Phase.VIII and buy a plot of 01 kanal in Phase.IX after the balloting or not, is this change give any benefit to me.
Secondly also guide me is there any chances of increasing in rate of Phase.VIII plot in coming future.
Your reply will be highly appreciated
Regards
Attique-Ur-Rehman Khan
Salaam
I live outside of Pakistan and had no idea about the announcement of the fazaaia project. Is there a way that I can buy the final slip by paying extra money for an apartment or a house? Pls let me know soon thanks
I want to sale slip luxury apartment in 1 lac, if you interested just send mail.
Sir I am interested in selling my standard apartment slip at reasonable price. If interested you can contact me.
Regards
Nasir
03205636547
I want to sell my registration slip.
Anyone interested to buy can contact me at 0300-2553-444
Unjustified decision of Fazaia Housing Karachi
It is not fair.
It is not justified.
Fazaiz must change this exploitative policy.
It is against the ethics.
This decision will create unrest among the general public and will damage the image of Fazaia.
Save the image of Fazaia.
Fazaia Housing Scheme Karachi has finally announced date to issue open registration certificates against the submitted registration slips for Fazaia Karachi Apartments. The opening process will commence from 18th of May 2015 and opening facility will be available at the registered office of Fazaia Housing Scheme in Karachi and Lahore only.
Earlier Fazaia sold the registration forms in Karachi, Islamabad, Rawalpindi, Lahore, Multan, Quetta, Hyderabad and Peshawar now the resident of those cities will go to Lahore or Karachi to get open registration.
In case a family residing in Peshawar has 10 registration forms on different names i.e father, mother, wife, brothers and sisters they all have to go to Lahore or Karachi for getting open registration. Awesome …………… if Fazaia can sell out their forms in different cities then why not one should get open registration from that city. Can someone explain?
Hi Zain Nadeem,
Great blog! Thanks for creating a knwoedlge base here.
I’m interested in knowing the following: what is the expected ballot success rate? And if by balloting i get a plot allocation, what is the process and expected payment schedule that follows before ownership?
Hoping for your reply.
Thanks!!
brother plz tell me about today rate of open certificate of lux apprtmnt plza
KHALID IF YOU WANT OPEN CERTIFICATE OF FAZAIA STANDARD AND LUXURY CONTACT ON THIS NO 0315 2339425 I HAVE 2 STANDARD AND 2 LUXURY
What about those who cant get the certificate open in stipulated time. Will they b forced in booking.
Salam sir I have fazaia open reg certificate 2 bed d,d if u want to purchase call me 0321 2166260 farrukh
I have fazaia Karachi open certifcate and want to sell in RS 50000/=contect me 03343882578
THANKS.
Sir
I have few questions for you; If you could guide me on it.
i have opted for trading and i got my certificates few days back. Am i able to apply for balloting or these certificates are only for trade?
Secondly what would be the status of these certificates after the balloting process completes. Would adjustment be announced as there are rumors of Rs 200,000/- for standard and Rs 300,000/- for Luxury.
The down payment would be paid after balloting or before balloting with the booking forms.
Looking forward for your prompt reply
Aoa I have only one filled registered form of fazaia Standard apartment. Form is taken genuinely FAZAIA OFFICE against my Cnic by myself so guarantee of no black market form. price is 125,000 anyone interested in buying can contact me 0333-3904025. Plz serious buyers required only .
I have 04 open registration certificates of Fazaia available @ Karachi.Interested buyer may contact me:-
Regards,
Khurram Ansar
03232066642
standard apartment slips for sale with open certificate
for 30000 contact 03025498568
Aoa’
I have 8 open certificate any one interested then call me demand 35000 per certificate
03332616762
I want to sell open registration certificate of 1 Standard and 1 Luxury Appartment. Demand Rs. 50,000/-. Interested people may contact on 0333-2217647
I want to sell paid slip of 1 Luxury Apartment. Demand Rs. 50,000/-. Interested people may contact on 0300-3581914
I have 1 open certificate of fazaia housing scheme and I am selling it at a rate of 40,000 . Plz contact
0333-3085951
No foolish offers plz n don’t waste my time plz
I have 3 open certificate of standard and 1 of luxury of fazaia housing scheme and I am selling it at a rate of 50,000 . Plz contact
0321-5315101
Rate is final. So, Please serious buyer can contact.
I have 2 Standard open file for sale Rs. 30,000/-, interested buyer contact me only, contact on my cell number 0346-2750876
want to see my one standard open file give me reasonable price.
tel: 03218782330
I want to sell my membership certificate of fazaia bungalows..