Al-Kabir Town Phase 2 Umer Block Balloting and Down Payment Submission
Al-Kabir Town Phase 2 Umer Block Commercial Plots – Prices, and Booking Details
Al-Kabir Town Phase 2 development is in full swing now after work activities shifted into next gear. On administrative point of view, management of Al-Kabir Town Phase 2 had stated to announce new policy for open forms submission in July 2018. Now we got hint of big news about Umer Block balloting which seems to be quite near. The recently issued public notice about submission of Umer Block’s down payment has all the details of future course. The administration has categorically mentioned of first balloting of Umer Block.
Umer Block Balloting & Down payment Submission Deadline
In a public notice addressed to dealers and customers, Al-Kabir Town management has informed them that last date of submission of down payment for Umer Block plot files is 30th June, 2018. All these customers and dealers have been directed to submit their dues before the said date otherwise their files won’t be included in the first balloting of Umer Block.
The administration has also mentioned about the fine which would be charged for not paying the due amount in time. After 30th June 2018, first installment would be due for the new bookings of Umer Block and down payment would be accepted along with fine.
Umer Block, Al-Kabir Town Phase 2 – Payment Plan
Category | Down Payment | Monthly Installments (x36) | Half-Yearly Installments (x10) | On Possession | Total Price |
03-Marla | 200,000 | 10,000 | 50,000 | 200,000 | 1,500,000 |
05-Marla | 300,000 | 20,000 | 60,000 | 400,000 | 2,500,000 |
Impact of Umer Block Balloting & Al-Kabir Town’s Future
It has been a series of positive developments so far in Al-Kabir Town in the last three and four months. These significant moves will encourage the investors further and ultimately investment volume will increase here in upcoming months. Development would be the main game changer and will inch up the prices in future.
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Ravaiz Khalid Realtor, Universal Property Network WhatsApp Now+923211127773
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