The launch of Fazaia Housing Scheme in Karachi was warmly welcomed by property investors from across the country. The registration slips for both standard and luxury apartments are still being traded in the market – and at the same time various rumours are also being spread by certain quarters who are trying to manipulate the market for personal advantage. Please beware of these rumours.
The investors were already confused about the location of Fazaia Housing Scheme in Karachi, and the cacophony of suggestions and guesses from many different people have added to this confusion. However, the fog has now lifted to a certain extent.
According to the information I have received from various sources, Fazaia Housing Scheme Karachi will be located on Northern Bypass–Super Highway Link near Dreamworld Resort. The earth-breaking ceremony has also been conducted and the developer has erected a small ceremonial plaque that commemorates the groundbreaking ceremony.
The developer has also put up a signboard at the location that warns people of legal proceedings in case they trespass on the area, which is owned by Pakistan Air Force (PAF). See the images below for evidence:
Payment Plan
If you are not yet aware of the payment plan for standard and luxury apartments in Fazaia Housing Scheme, please see the payment plan below, which was provided to us by a registered agent of the society.
| 2 Bedroom | 2 Bedroom | 3 Bedroom | 3 Bedroom | 2 Bedroom | 3 Bedroom | 4 Bedroom | |
| Apartment Size | 1,176 sq ft | 1,278 sq ft | 1,499 sq ft | 1,605 sq ft | 1,296 sq ft | 2,211 sq ft | 2,812 sq ft |
| Down Payment | Rs 226,200 | Rs 249,600 | Rs 287,800 | Rs 309,000 | Rs 285,600 | Rs 477,600 | Rs 598,200 |
| 30 Bi-monthly Instalments | Rs 117,900 | Rs 128,000 | Rs 150,300 | Rs 160,900 | Rs 146,000 | Rs 249,400 | Rs 317,500 |
| Total Price | Rs 3,763,200 | Rs 4,089,600 | Rs 4,796,800 | Rs 5,136,000 | Rs 4,665,600 | Rs 7,959,600 | Rs 10,123,200 |
How to Confirm Your Apartment?
If you want to confirm your apartment ahead of the balloting, you need to contact the registered agents of Fazaia Housing Scheme Karachi, who have been allotted a certain quota of apartments. Currently, you can book an apartment by paying a surplus of Rs 125,000 for standard apartments and Rs 135,000 for luxury apartments.
I hope you have found today’s update on Fazaia Housing Scheme Karachi helpful. This is all I have on the project for now. Rest assured, I will keep an eye on the project to let you know about the balloting date, which you are all probably waiting for anxiously.
Related News
This is the time in our country when ARMY/NAVY/AIRFORCE all are selling lands/plots/apartments lol
Mr Mansoor, Army/ Navy/ Air Force are selling plots/apartments/lands in a legal manner not in Altaf Hussain and Zardaris’s China Cutting style. By selling these properties all (including general public) are benefiting. Whereas in case of Zardari and Altaf Hussain only two individuals are benefiting. Have some common sense. You do not need to spend money for this. Stay blessed.
Who is saying ALTAF/ZARDARI are doing the right thing ?
It seems very legal to develop the land from the TAX payers money and sell it to them again on premium rate Bravo.
Atleast you should have some common sense to accept the fact 🙂
I have accepted the fact bro. We are living in a global village where all competing Armed Forces give benefits to their members in shape of housing and post retirement employments. Ever wondered what privileges your next door neighbor, India is giving to their military or for that matter China, BD and Iran. We must see things in the relative contexts and not in isolation.
At least the DHA, Askari and Fazaia deliver what they promise (even if, as per your statement, they charge exorbitantly). What is Saima Builders doing and how is Malik Riaz’s Bahria project be fooling you?
Sir mere criticism does not serve the purpose. It shows that your jealousy is unfounded. Come with solid facts next time!
Thanks for your nice and informative email. Please share the authorized dealers contact info so that we can book the confirm apartment.