PHATA (The Punjab Housing and Town Planning Agency) has announced the details covering payment plan, plot prices, and further conditions for buyers who are interested to buy a plot in NPHP (Naya Pakistan Housing Program Lahore) further details are mentioned in the respective form.

The dates for registration for were extended to the 15th of November and now the registrations are closed for new applicants at this moment.

Payment Plan:

You can visit the website of PHATA for an application form that contains all the details of the payment plan or 3-marla residential plots only. According to the form per marla, the rate is 150,000 PKR.

 

Unit Size	3 marla
Processing fee	PKR 250
Token money (refundable)	PKR 10,000
Down payment (20%)	PKR 90,000
Monthly instalment x 36	PKR 10,000
Total (tentative) price	PKR 450,000

 

 

Terms and conditions are as follows:

·        The applicant must be a resident of Punjab province.

·        The applicant must not own a residential plot or house.

·        The procedure fee of 250PKR is not refundable.

·        Those who were unsuccessful in the balloting can collect their concerned money of 10,000 PKR by showing the slip in the respective bank of Punjab branch within 15 days of balloting conclusion.

·        The one with success in balloting have to pay the down payment of 90,000 PKR within 20 days of receiving the offer letter and in case of nonpayment, the token will be canceled with plot allotment and the next candidate will be considered in the queue.

·        One with an allotted plot will have to start the construction in six months after possession according to the map and building structure approved by the PHATA and no extension will be awarded in this regard.

·        The remaining payment must have to pay in 36 months installment plan.

 

For more Details
Click to Contact us: 0334 7011008