OF RESIDENTIAL PLOTS SAMPLE - Capital Development · PDF fileas per Annex-A or a sealed...

Directorate ofEstate Management - I (East)

BALLOTING OF RESIDENTIAL PLOTS

The Jewel of Islamabad

PHASE-II (Block-A)SAMPLE


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Islamabad, one of the most beautiful capitals in the world, is known for its

natural and architectural beauty. Park Enclave, Islamabad is ideally located in the

serene vicinity of Rawal Lake and is conveniently accessible from Club Road,

Kashmir Highway and Islamabad Expressway. CDA Park Enclave provides you

dream living within your means.

CDA adds to the beauty of the city by providing quality infrastructure through its

state-of-the-art Planning and in-house Engineering facilities. CDA is offering

you one-kanal residential plots in the Park Enclave Phase-II Block ‘A’ on

ownership basis through a transparent computerized / Open Manual

balloting. The balloting will be held after 10 days from the last date of

submission of application forms.

INTRODUCTION


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All Pakistani nationals, whether residing in Pakistan or abroad can participate in

the Balloting. Companies/Firms and Societies registered in Pakistan under the

relevant laws are also eligible to apply. Foreign nationals and companies can also

participate in the Balloting after seeking permission from Ministry of Interior,

Government of Pakistan.

If you intend to participate in the Balloting on behalf of another person,

company, firm or Society, you are required to submit a Special Power of Attorney

as per Annex-A or a sealed (embossed) resolution or authorization from the

company, firm or society authorizing you in this behalf along with a copy of

Certificate of Incorporation or Registration.

ELIGIBILITY


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1. The brochures are available at the designated branches of Muslim Commercial Banks, Askari Bank Ltd, and

One Window Operations Directorate of CDA on payment of processing fee of Rs. 10,000/- (non-refundable).

2. The Application may be submitted at designated branches of MCB, Askari Bank Ltd, The Bank of Punjab and One Window th

Operations Directorate of CDA latest by 12 January 2016 alongwith following documents:-

(i) Original application form (ii) Attested copy of CNIC (iii) 02 Photographs (3.5x3.5 cm)

(iv) Affidavit/Special power of Attorney (if applicable)

(v) Pay Order/Bank Draft of 10% as down payment of the cost of the plot (refundable to un-suceessful applicants) in favour of

"Capital Development Authority, Islamabad". The name of the applicant and application number must be written on the

backside of the pay order/bank draft.

3. The receipt at bottom of the Application Form, duly filled in by the applicant, will be stamped and signed by the authorized

officer of the designated bank and will be handed over to the applicant as a token of receipt of the application. This receipt

should be kept in safe custody till the finalization of balloting.

4. All payments shall be made through Bank Drafts / Pay Orders / Deposits-at-Call in favour of “Capital Development Authority,

Islamabad”. Bank charges on transactions of out-station bank drafts will be borne by the successful applicant.

5. The applicant must indicate the name of nominee/next of kin (not a minor) along with his/her relationship with the applicant

mentioning CNIC number to whom the refund is to be made in case of death of an unsuccessful applicant.

6. Balloting will be held at Jinnah Convention Center/Pak China Center after 10 days from the last date of submission of

application forms. The result of balloting will also be uploaded on official website of CDA (www.cda.gov.pk).

7. The formal allotment letter containing detailed terms & conditions of the allotment shall be issued on receipt of full Price of the

plot.

The Bank of Punjab

PROCEDURE


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The Balloting shall be carried out on latest Computerized

software or Manually. In order to ensure transparency, the

presence of highly professional IT experts, officials of

government agencies and media will be ensured.

MODE OF BALLOTING



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PH

ASE-II (B

lock-A)

KURI RO

AD

R.O.W

600’ WID

E

MADRESSA

ALLOTTED TO GEOLOGIC

AL

SURVERY OF PAK

FORENSIC LAB

N.C.R

.D O

FFICE

600’

50

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dream homeBuild Your

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1.

2. Unsigned applications.

3. Application is on the Photostate of original Form.

4. Application without required documents.

5. Without Pay order of 10% of total cost.

6. Provision of incorrect information or concealment of facts.

7. There is any over writing.

Incomplete application forms.

THE APPLICATION SHALL BEREJECTED IN CASE:


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1. The Balloting shall be carried out on basis and location of the plot shall not be changed on any ground

whatsoever at any stage. The premium will be charged according to actual size of the plot.

2. The Balloting Committee reserves the right to withdraw any plot from the Balloting without assigning any reason.

3. The Balloting Committee also reserves the right to reject any application without assigning any reason.

4. The Balloting Committee/CDA management reserves the right to disqualify any applicant and to amend / delete any of the

provisions contained herein to any extent without assigning any reason.

5. The Balloting results shall not be final unless approved by the CDA Board and successful applicants shall not accrue any right in

on the basis of balloting results. The allotment would be subject to payment of applicable taxes as determined by FBR. In case of

non-payment of taxes within the stipulated time, the Intimation Letter of allotment will be withdrawn automatically.

6. If 15% of the payment is not deposited with in 30 days by the successful applicants after issuance the Intimation Letter, the

Intimation Letter will be cancelled/withdrawn automatically without any notice/intimation and 10% deposited amount will be

forfeited.

7. The plot will not be restored, in any case, if the allottee takes refund by his/her own willingness.

8. In the event of cancellation or surrender of plot for whatever reason(s), the deposited amount of premium shall be refunded

after forfeiture of 10% of the total price of the plot.

9. Any decision of Authority regarding Balloting, acceptance or rejection of application, forfeiture of 10% of total premium, or any

other matter in relation to Balloting/ allotment of plots shall not be challengeable in any court of law.

10. The correspondence shall be made at the address indicated by the Applicant/Attorney and the applicant shall be liable to

communicate any change in the address to the Authority. In case, the successful applicant does not receive any intimation from

the Authority within 10 days, applicant shall contact the Authority to inquire about the status of his/her application.

11. Applications once submitted shall not be liable to change/withdrawal. The applicant will be deemed to have read and accepted

the terms and conditions enumerated in this Brochure and would be bound by these. The detailed terms and conditions shall be

mentioned in the allotment letter, to be issued after full payment.

12. In case of non-payment as per payment schedule, the plot shall be cancelled in accordance with CDA rules.

13. On delayed payment, delay payment charges will be levied as determined by the Finance Wing, CDA.

“As is, Where is”

TERMS OF BALLOTING

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TOTAL COST OF PLOTS. No. Size of Plot Price (Excluding Taxes)

1 1 Kanal Plot Rs. 20,500,000/-

10% down payment at the time of submission of application form.

15% within one month from the date of issuance of intimation letter.

25% within 4 months of the date of issuance of intimation letter.



REBATE 5% rebate will be allowed in case the successful applicant pays the remaining total price of the plot within one month of issuance of Intimation Letter.

REFUND TO UNSUCCESSFUL APPLICANTS

The refund to the unsuccessful applicants will be paid in Pakistani currency within 45 days of completion of balloting process.

The refund shall be made through the designated branches of the banks where the applications were submitted in the form of pay

order/bank draft on surrender of original receipt.

The refund pay order/bank draft shall be crossed as “Payee Account Only” and marked as “Non Transferable”.

2 10% Main Boulevard Rs. 22,550,000/-

3 20% Main Boulevard Corner

Rs. 24,600,000/-

4 10% Corner Rs. 22,550,000/-

Extra charges will be levied to the above cost in following cases:

(Normal Plot)

PAYMENT SCHEDULE

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FOCAL PERSONS FOR ASSISTANCE

Director Estate Management-I Tel: 92-51-9252428

Estate Management Officer (Park Enclave) Cell: 0300-5757235

Branch Manager, MCB, CDA Branch Cell: 0333-5109770

Branch Manager, Askari Bank Ltd. CDA Branch Cell: 0333-5468626

http://www.cda.gov.pk

Focal Person (Park Enclave) Cell: 0315-0003192

Branch Manager, The

Ms. Ismat Wazir ([email protected]) Tel: 92-51-2604896-97

24-West Raza Noor Plaza, Jinnah Avenue,

Blue Area, Islamabad.

Bank of Punjab Cell: 0301-5166522

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Director Estate Management - I (East)Capital Development Authority

CDA Headquarters, Sector G-7/4Islamabad - Pakistan

Phone: (+92 51) 925 2428Fax: (+92 51) 925 2536

E-mail: [email protected]: www.cda.gov.pk

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OF RESIDENTIAL PLOTS SAMPLE - Capital Development · PDF fileas per Annex-A or a sealed...

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