Islamabad: The Federal Government Employees Housing Authority (FGEHA) is offering residential plots – for the first time – to overseas Pakistanis and the general public in the approved prime sectors G-12 and F-12 in Islamabad, according to an advert published in the national dailies on August 27.
Read: CDA, FGEHA directed to compensate landlords of Sectors G-14, E-12
As per the details shared, the authority has reserved a 20% quota for the general public and 15% for overseas Pakistanis. The interested general public who possess a computerised national identity card (CNIC) and overseas Pakistan who have their POC/NICOP/Dual Nationality/Resident Permit can apply for these plots through the FGEHA’s official website. The deadline for application submission is October 10. The applicants will also get a 5% rebate on full payment upfront.
Other details of the application procedure for plots in Sectors G-12 and F-12 are as follows:
- The applicants can apply multiple times for plots in every category and in case of qualifying for more than one plot, the applicant can choose one to keep.
- The plots can be bought with a 3-year easy payment plan. The application form with a non-refundable fee can be submitted at the branches of Askari Bank Ltd and Bank of Punjab.
- Non-resident Pakistanis can also use their VISA or Master Card for application.
- The allotted plot numbers will be transferred as per the specified regulations.
Read: FGEHA shares deadline to clear outstanding dues for Lifestyle Residency
- A 10% extra fee will be charged for the corner plots.
- A computerised ballot will ensure transparent allotment.
- All terms and conditions specified will be applicable.
- The sectors are in the vicinity of the Motorway, Saddar-Rawalpindi, New Islamabad Airport and Paki Secretariat.
Size and Tentative payment plan of residential plots on offer in G-12 and F-12
Sq yds | Sector | Processing Fee (Non Refundable) (PKR) | Tentative Price of Plot (PKR) | 20% of Total Price within 45 Days of Balloting | 12 Equal Quarterly Instalment (PKR) |
139 | G-12 | 5,000 | 8,340,000 | 1,668,000 | 556,000 |
200 | G-12 | 8,000 | 12,000,000 | 2,400,000 | 800,000 |
272 | G-12/ F-12 | 10,000 | 16,320,000 | 3,264,000 | 1,088,000 |
356 | G-12/ F-12 | 15,000 | 21,360,000 | 4,272,000 | 1,424,000 |
500 | G-12/ F-12 | 20,000 | 30,000,000 | 6,000,000 | 2,000,000 |
For more information, you can review www.fgeha.gov.pk, OR call:
+92-51-111-134-342
+92-51-9106075
+92-51-9106042
+92-51-9106080
Is it a good opportunity to invest millions on a 7 Marla plot in this project? The Experts are requested to guide the public and overseas.
Any Update about this? i paid for one plot file. but there has not been any update ever since.
AOA,
Any one know the balloting date, please.