Islamabad: The Future Developments Holdings (Pvt) Ltd on Wednesday publicised the timeframe for handing over possession of the residential plots situated in Capital Smart City (CSC)’s Overseas Block 1 and Executive Block; launched in 2018 and 2019, respectively – according to the society’s official Facebook page.
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To this effect, the developer stated that it had originally planned to notify the development in April 2020 but was forced to postpone the announcement due to the COVID-19 pandemic.
What is the timeframe announced for handing over possessions in the Overseas and Executive blocks of Capital Smart City?
The months communicated for handing over possessions and the deadline for dues clearance for plots situated in the Overseas and Executive blocks of Capital Smart City is listed below:
Sr | Block | Sector | Possession Starts From | Deadline for clearance of dues |
1 2 3 4 5 6 7 | Overseas Block 1 Overseas Block 1 Overseas Block 1 Overseas Block 1 Overseas Block 1 Executive Block 1 Executive Block 1 | A B C D E A B | December 2020 January 2021 F February 2021 March 2021 April 2021 Grand Commercial Area December 2020 | 30.11.2020 31.12.2020 31.01.2021 28.02.2021 31.03.2021 Grand Commercial Area 30.11.2020 |
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Moreover, members who apply for possessions after clearance of dues within the communicated timeframe will be allowed to pay development, extra land, and prime location charges in four quarterly instalments.