Extension Phase - Officers Colony 1

Officer Colony 1, Faisalabad, Pakistan

INTRODUCTION

Right Property Team

27 Oct 2017

This Extension Phase 3 marla scheme in Officers Colony # 1 has been started recently on the premises of Rana Velvet Factory which is being demolished in order to start the development work for this 3 marla scheme Extension Phase. The total number of plots would be 50 in number. This 3 marla scheme is just adjacent to the Rafhan Mills are on one side i.e., towards the canal road while on the other side I.e., Susan Road it is directly linked to the Madina Town and the other famous commercial market hubs of DGround, Satiana Road, Jaranwala Road and city area as well.

Features

Right Property Team

27 Oct 2017

The major attraction of this 3 marla scheme is that in this populated area of Madina Town, none of the society within or nearby offers 3 marla plots. Moreover, minimum 10 marla plots which are available cost Rs 12 – 15 lac per marla or constructed houses are available @ Rs 20 lac per marla.

A few more statistics about this 3 Marla Scheme in Officers Colony # 1 Madina Town are as follows:

Total area of the Land – 64975 sq.ft, Area in Plots - 42225 sq.ft, Area in Shops - 3900 sq.ft, Area in Seat Back - 2250 sq.ft, Area in Roads - 16300 sq.ft.

Upcoming Attractions

Right Property Team

27 Oct 2017

The inside 2 main roads would be 20 ft wide each while on the front elevation / entrance of the 3 marla scheme addition 15 feet space would be left in accordance with the TMA laws. The registry of the plot would be of type residential. As previously this piece of land has been used as industrial purpose so the electricity and sui gas are already available. This 3 marla scheme would be safe guarded by the boundary wall, security gate and the street lights. Transformers are already available, only electric poles are to be installed.

Buying Options

Al Jannat Estate Agency

27 Oct 2017

The rate of the 3 marla plot would be Rs 3.3 million (33,00,000 lac) which would be payable as 25 % in advance (Rs 825,000) while the remaining (Rs 24,75,000) would be payable in 6 month time. At present the Society is offering the booking @ Rs 50,000 only and within next 15 days – 1 month the 25 % payment could be deposited. On cash payment of the whole plot (3 marla) 10% discount would be offerred. The commercial shops would be 8 in number and of size 16 ½ x 25 ft and be available for Rs 25 lac while the rate of the corner shop would be 10 % more.