Important notice for TopCity-1 allottees

Top City-1, a project of Dynast Associates, is located in the neighborhood of Benazir Bhutto International Airport and is a Rawalpindi Development Authority (RDA)-approved housing society, which confirms its legal status.

That said, I am now coming back to the important notice that Dynast Associates has recently advertised in newspapers. The developer has notified the allottees/members of the society to pay all outstanding development charges by March 20, 2015. In its press notification, Dynast Associates has stated the names of 101 defaulters who have not yet cleared their dues.

And if the defaulters fail to pay the development charges by this date, they will have to bear a penalty, i.e. their current allotment will be terminated and in its stead they will be allotted a plot in the undeveloped area of Top City-1. Furthermore, the development charges will be revised and the defaulters will have to pay revised development charges.

Dynast Associates also mentioned in its notification that the defaulters had not paid development charges despite various reminders, and that this was the final notice to the defaulters with the penalty mentioned clearly.

I mentioned in my recent post on Top City-1 that development work in the society was being carried out at a reasonable pace according to Mr Mian Manzoor Hussain from Pak Associates. So, the allottees should not worry about the development status of the society.

The developers utilise development charges in completing basic infrastructure to make the societies liveable and to hand over possession of units to their respective allottees as soon as possible. And one of the main reasons behind delays in the completion of housing societies is the allottees’ failure to pay development charges.

We request the Top City-1 defaulters to clear their outstanding dues, so that the developer can complete the development work without delay. If you are an allottee and you have not yet paid the development charges, we would like to know your reservations and concerns about the society in the comments section below.