The management of TopCity-1 recently imposed additional charges on plot-owners, which has spurred confusion and agitation among them because they now have to pay an additional Rs 300,000 on 10-marla plots and Rs 500,000 on 1-kanal plots under the banner of development charges. But there is a catch here: the charges are required to be paid in instalments.
In order to learn details of the additional charges, Zameen.com contacted the TopCity-1 management and learned that the extra charges were being sought because the developer was offering trailblazing facilities in the locality.
According to the management, TopCity-1 will offer a Liquefied Petroleum Gas (LPG) bottling system, under which the developer will provide uninterrupted gas supply. LPG cylinders will be installed outside the houses and will be filled through an automated system.
Furthermore, the developer is in the process of setting up a grid station, through which it will ensure round-the-clock electricity supply to the residents.
We also learned that the TopCity-1 management had signed a memorandum with the Pakistan Telecommunication Company Limited (PTCL) to turn TopCity-1 into a smart city where high-speed internet and many other facilities would be available.
So, these are probably the major reasons behind the imposition of the additional development charges.
When we enquired about the development of the link road from TopCity-1 to New Islamabad International Airport, we were told that the National Highway Authority (NHA) had floated tenders for the project, after which it was awarded to the Frontier Works Organisation (FWO).
The map below will provide you a fair idea of the ‘Main Link’ road from TopCity-1 to the airport:
Possession
We have also learned that the developer is set to start handing over possession in the locality from August 2015. This is good news for the plot-owners, as after possession the property prices will most likely increase there.
Development
Development work is being carried out in the locality at a good pace. Roads are being carpeted, an underground water reservoir with the capacity to store 150,000 gallons of water has been built, and best of all, a masjid was recently opened in Block B.
Recently an Iftaar party was also organised by the developer, to which the registered agents of the society were invited. I have collected some images for you to have a glimpse of the locality:
I understand that the imposition of additional development charges is annoying for the plot-owners, but they should also understand that TopCity-1 is set to provide its residents many state-of-the-art facilities.
What do you think? Please feel free to share your views in the comments section below.
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Asalam O Alekum,
Dear Zain,
Hope you doing good and Ramadan going well.
Last year, I read your article that NOCs of few societies near new airport were to be cancelled on instructions of PM due to its close proximity to the airport. Any update on it? Is Top City one of them?
If no, is it worth investing in Top City at the moment? if so which block? Kindly advise which other societies currently worth safe investment?
Appreciate your detailed feedback as usual.
Thanks
Afridi
Wa alaikumussalam,
Yes ALHAMDULILLAH. Ramadan is going very well. The month actually fled.
According to my source of information, there is no such issue of NOC cancellation so far. And if in case it happens, only Block E of the society will be affected – some streets of the block, to be precise.
The management claims that they have enough area to compensate the affectees, if needed.
And feel free to ask anything about the locality.
If you like to invest there, I would suggest you call Mr Shiraz Manzoor of Pak Associates at 0333 5555626. You can use my name as reference.
Regards,
zain Nadeem
Dear Readers,
Imposing new charges in name of so called sate of the art facilities that exsists on papers is as good as paying for a car which maybe produced after 10 yrs.
The whole concept is wrong, all development charges were paid as per agreement, the only time they can ask for any charges is when they are giving the possesion to construct the house. Not before that. Specially when ur located in blocks E & F where there is nothing and still they are asking for charges , I dont think no one should pay these charges.
And TOPCITY has to understand that no more advance will be paid to them for selling some dreams, the socieity is already delayed for several years and people have paid more as whole then the current actual market value, people’s hard earned money is in loss and still they have courage to ask for more money for what? This is not acceptable unless the day they hand over the possesion and they you can take charges from the people who you are giving the possesion in first phase , but not before that.
Thank you for you feedback.
Top City already took development charges now they are asking more for what?People can pay little more when they will give possession.At the moment there is no sign of possession.Investors already in loss because of poor management and slow development.
Regards
I have had a discussion with a representative of TopCity-1. They will start handing over possession from August 2015.
Rest ALLAH knows better.
Regards,
zain Nadeem
Topcity is simply out of money because of its incompetent skills. They took development charges from us along with the penalty. Now after almost 3 years there are no signs of adequate development. Its simply is looting. And now when their H block 5 marla scheme fails they imposed more charges on poor plot holders in the name if utility charges.
First of all no good society like Bahria or Gulberg is charging 3 lacs for 10 marla. Their one time development charge is only about 1 lac or so. And you will be happy to see their pace of development and the development standard.
On the other hand one feels like crying and regretting when we visit Topcity. Topcity management is immature and incompetent. They took hefty amount from us and I dont know when are we going to see the promised development. Now they are out of money and they are pressuring the plot holders to pay more. My question is why? This is injustice. They have looted us and now we will not let them loot us any more. They have no sense of shame or responsibility. We promoted their Topacity and now they have crossed all limits.
I urge all of you not to pay a single penny until they revise down the utility charges to the level of Gulberg or so. And we will only pay such charges once we are handed down the possession. This is the norm.
I would urge them to grow up and realize that we are not sleeping. Infact we will be approaching the media and newspapers to show the real face of these fraudsters to every one.
This is v disappointing on part of top city, the investors are already suffering heavy losses in TC nd they are asking for more, disgusting…. Actually the mangement is seeing too far ahead, they are thinking that work on Kashmir highway will boost prices nd they want to get advantage of that nd suck more out of investor’s pockets ….also I don’t think LPG plant is that good idea as it will be v costly 2ndly with Iran nuclear deal Pak Iran gas pipeline might get laid nd the gas issue might be solved, anyhow whatever reasons the mangement are giving are irrational nd they are asking for toooooo much, the current price of one kanal in F is 14 15 lac and how in the world are they asking 5lac extra on a plot worth this much???? I am not going to pay it
HI Topcity Mgt,
Just answer one Question:
What is your confirm schedule of development (for Each Block) and closing date(Handing over of possession) of project?
Mr.Zain if you are representative of Topcity Mgt, answer is expected from you?
Thanks.
Fahim Bhai,
I am not a representative of TopCity-1. And as per possession is concerned, it will be handed over in Block B initially, after which other Blocks such as C, D and A will have their turn.
Dear Mr Muhammad Fahim,
The developer is likely to start handing over possession block to block. Initially, the possession will be given in Block B and after that Blocks C, D, and A will get possession rights for allottees.
Aoa,
Mr. Zain, it’s really good to see that u started blog on this important topic but can u ask TC that y have they removed its link from their fb page. They do this, they remove criticising comments nd ban the personals too…..
Very short answer ……Don’t pay them even single rupee.Top city like to cheat innocent investors who did mistake to invest in Top City.Top City management losing credibility.
Wa alaikumussalam,
It won’t be possible for me to enquire from them about their activity on their Facebook page. If there is something development-related, then I can contact them to get an update.
I hope you understand that.
Regards,
zain Nadeem
No one should pay even a single penny in the name of utility charges. Topcity should be giving the possession first and then only ask for the charges which can be justified.
40-60 thousands for 10 marla and 70-90 thousands for 1 kanal makes sense and that is based on gulbergand bahria standard. Topcity is not even close to it. How dare they ask for 3 lacs and 5 lacs. This is immature and the incomincompetent management seems defaming and devastating this big project.
we strongly condemn these charges and no one is going to pay even a single penny. Stay united and standup against injustices. G16 reversed their charges and so should topcity do with an apology.
Thank you for your feedback!
Agree with Sayeein sab don’t pay them even single rupee in name of utility charges.Innocent investors already suffering in Top City and price are down if you compare in prices of 2013.
In F block price of 10 marla was in 2013 1.3 to 1.5 and one kanal was 2 to 2.5 and now price is 0.9 to 1 and kanal price is 1.6 to 2 million.
How they asking more money?Shameful behavior of management they should care of investors and think for future because it’s best location.Don’t show greed before time.
Regards
Thank you for your feedback