Love is blind but real estate surely isn’t! Investors prefer to have a clear idea of how their investment is likely to fare in the future and where their money is going. Perhaps this is why the price of Fazaia Housing Scheme Sargodha’s registration forms fell drastically after they entered the market. However, like many things that are initially knocked down emerge bigger and better than ever, these forms have made their comeback, too!
These registration forms came into the market at the official rate of PKR 25,000, but as there were too many forms and perhaps not as much demand, their price fell drastically to around PKR 8,500 in August 2015. This could be because the payment plan for the scheme had not been revealed and investors were unaware of how far they would be reimbursed for the purchased forms.
When the scheme’s payment plan was revealed, the prices rose. As trading continued, form prices reached a peak of PKR 22,000, and currently they are being traded at approximately PKR 16,500 to PKR 17,200.
According to the payment plan, the housing society is offering full adjustment worth PKR 50,000 for each form in the down payment. Furthermore, they have also offered an adjustment for one form in each instalment to be paid. Hence, if an investor purchases a form for less than PKR 25,000 and is then reimbursed by the housing society by PKR 50,000 in their instalment payment, the investor gains substantially.
The scheme’s options and payment plan are mentioned below.
Options and payment plan
Fazaia Housing Scheme Sargodha is located in Shaheenabad and is a massive project offering 5-marla, 7-marla, 10-marla, and 1-kanal plots. The payment plan is divided into a down payment, 12 quarterly instalments, and separate development charges with reimbursements for forms in the down payment. All this is shown below:
| Plot Size | Total Down Payment | Form Adjustment | Final Payment | Instalment | Development Charges (every 2nd instalment) | Development Charges (every 4th instalment) | Total Payment |
| 5 Marla | PKR 378,000 | PKR 150,000 (3 forms) | PKR 228,000 | PKR 81,000 | PKR 79,167 | PKR 158,333 | PKR 1,350,000 |
| 7 Marla | PKR 518,000 | PKR 200,000 (4 forms) | PKR 318,000 | PKR 111,000 | PKR 110,833 | PKR 221,666 | PKR 1,850,000 |
| 10 Marla | PKR 714,000 | PKR 250,000 (5 forms) | PKR 464,000 | PKR 153,000 | PKR 158,333 | PKR 316,666 | PKR 2,550,000 |
| 1 Kanal | PKR 1,300,000 | PKR 350,000 (7 forms) | PKR 950,000 | PKR 308,333 | PKR 316,667 | PKR 633,333 | PKR 5,000,000 |
Future prospects
Investors are excited about the form adjustment value as they are, in a way, being rewarded for their interest. Additionally, the adjustment of one form in each instalment may further propel investment activity. Thus, the future seems to be bright for Fazaia Housing Scheme Sargodha.
However, I do wonder whether the scheme will be all that it claims to be or whether the management is just exciting investors by issuing these ‘tokens’. What are your thoughts on this? Let me know in the comments below!
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Location of FHS sargodha is not suitable . it is far away from city. People are showing lack of interest due to it. To gain the attention FHS management is giving Lollipop of form adjustment in each installment. . Many people here in sargodha thinks that Eden builders (notorious builders ) are their parteners.In my opinion it will be very hard for FHS to be a successful scheme in sargodha
Thank you Shehzeb for your valuable insight! Time will tell how the society fares in the real estate sector.
Regards,
Anam
dear first of all the logo you have used is of fazaia karachi not fazaia sargodha plus just clarify about development charges its upto you to pay after 4th installment or after second.
and if ones read terms and conditions it clearly mentioned that amount i.e 25000 will be refunded then whats the ambiguity.
Thank you Mr. Basra for your valuable insight. The information you provide is always useful and I specifically thank you for the information you provided for this article.
Regards,
Anam
That’s very good of you that you said it yourself….” there is no ambiguity in it” the terms and conditions clearly states that 25000 of registration form is refundable….. bt ambiguity starts when ur officers says that it will be refunded only to those who applied for refund in the specific Time duration I.e 5 Dec to 30 dec (u know nothing like that is mentioned in rules stated in forms)
anam your are more then welcome. but i belive you could have done better and provided more information on fazaia sargodha as a massive advertisment is coming soon and fazaia has involved investors and buyers from all across the globe who are hungry for information. and your article lacks basic info you should have told more about forms.
What’s the latest stage of Fazaia Housing Sargodha. In the market there is no info about it. Please comment and also about prevailing market price of Registeragion Forms. Regards.
I want to ask about 10 Marla residential plots price in PKR . And can you tell me about installment .
What’s the latest stage of Fazaia Housing Sargodha. In the market there is no info about it. Please comment and also about prevailing market price of Registration Forms. Regards.
There are stories of false promises made through agents sitting on site of Fazaia Housig Scheme then denial from officials of the scheme
Dear Anum,
Two officials of FHS,Sargodha, Khubaib and Kanwal, have seated very cunning agents at the site, who with their glib tongue and false promises seduce simple customers and push them to Fazaia booking office where shrewed Kanwal shows off her cleavage, gives luring smiles and verbally confirms cunning and false promises of halal agents. Customer is tricked into buying plots. After when customer has been robbed of his money they deny all promises of incentives to customers. Kanwal, an unmarried woman of growing age starts misbehaving and tell the customers a new set of very strict and customer unfriendly rules. Kindly kick deceiving woman Kanwal out of Fazaia Housing as she is bringing bad name to FAZAIA.
Hi
Do any one have Fazaia housing Forms to sell ?
HELLO
What’s Plot allocation detail for Fazaia Housing Scheme Sargodha and do any one having Fazia Forms to sell ?
Hi
Do any one tell me the latest Fazaia Form rate and availability.
I needs 10 Forms on best price.
Looking for prompt respond
May I know the current status of society FHS? People are going to construct there home there?
I am disappointed because of poor development at the site I think my decision was wrong to purchase a plot in pak fazaia housing scheme. ..