Many firmly believe that Fazaia Housing Scheme Sargodha will emerge as one of the most high-end localities in all of Sargodha. Given the location and development plans, this belief isn’t unfounded. However, a lot more work has yet to be carried out before this can become a reality – we’re keeping our hopeful eyes on this project!
The housing project is located on Shaheenabad Road, opposite the Pakistan Air Force base, and pre-launch booking is currently underway. Confirmed plots are being offered, with certain discounts applicable upon the return of membership forms. (Don’t worry, I will certainly discuss the status of membership forms later on in this post, so please keep reading!)
Coming back to the booking of plots, let me share the instalment plan to give you a fair idea of the down payment, instalments and discounts for each category. See the table below:
| Plot Size | Price | Down Payment | Instalment | Development Charges | |||
| Total | Payment | Form Adjustment | 12 quarterly Instalments | Every 2nd Instalment | Every 4th Instalment | ||
| 5 Marla | PKR 1,350,000 | PKR 378,000 | PKR 228,000 | PKR 150,000 (3 forms) | PKR 81,000 | PKR 79,167 | PKR
158,333 |
| 7 Marla | PKR 1,850,000 | PKR 518,000 | PKR 318,000 | PKR 200,000 (4 forms) | PKR 111,000 | PKR 110,833 | PKR
221,666 |
| 10 Marla | PKR 2,550,000 | PKR
714,000 |
PKR 464,000 | PKR 250,000 (5 forms) | PKR 153,000 | PKR 158,333 | PKR
316,666 |
| 1 Kanal | PKR 5,000,000 | PKR
1,300,000 |
PKR 950,000 | PKR 350,000 (7 forms) | PKR 308,333 | PKR 316,667 | PKR
633,333 |
So, if you intend to book a confirmed plot in Fazaia Housing Scheme Sargodha, you need to visit Fazaia’s office and make a down payment. If you have registration forms with you, they will be adjusted against the down payment, according to the given plan.
And here’s a kicker – according to my sources, balloting will be held in a few months. This makes me believe that booking a confirmed plot right now can turn out to be a good investment. Fingers crossed!
Furthermore,development work is being carried out at a good pace. An official of the society told Zameen.com that construction of the main gate, boundary wall, parks and mini zoo is currently in progress. Looks like this project will take its shape sooner rather than later.
Registration forms
Registration forms were issued a few months ago at a flat rate of PKR 25,000 for all categories of plots. People rushed to Fazaia’s offices to get their hands on these forms, which were traded with great fervour in the market later on.
However, although the forms are still being traded, the activity has diminished. What’ the reason behind this? Well, the forms’ value has plummeted, and this fact has most likely shifted investor interest. According to a source, the current value of a registration form is PKR 11,500 (it was even less a few days ago).
And that’s it about Fazaia Housing Scheme Sargodha for now. Although it’s time to wrap up the post, we can still continue this discussion further in the comments section below. Stay tuned to Zameen.com for more updates!
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