Capital smart city Balloting & Possession in Nov 2019
Capital smart city Balloting & Possession :
Alhumdulillah, as promised to Our valued members that we not only intend to deliver the project on time but Will make our efforts to deliver ahead Of schedule. TO this extent, over 450 machines and staff are working diligently at site to deliver the development before time. We have conversed earlier that the project will completed by 2022 In sha Allah, thus. Management opted to hand over the project phase Wise much before time. In this regard. we will handing over 3 sectors of Overseas Block and 3 sectors Of Executive Block in first quarter of 2020, Later on we Will be handed over blocks after every quarter
Capital smart city Balloting :
I. InshAllah Balloting Will be held in Mid November 2019,
2. All members Who already paid upfront 100 payment will be given the freedom to
location Without going into balloting. Same is the case for the members Who have paid 50%
and 40 % upfront payment. however, they have to pay their due installments by 15 October 2019 to be entitled to éhoose the locations
3. All Other Overseas Executive Members all their due installments by 15 oct 2019 to be eligible for balloting, PriorityWill given to the files booked before I Jan 2019.
4. Please be kind to notice that since these will be limited number of plots. hence. Company Will issue an receipt confirming that you will eligible for balloting in first phase.Company also has the right to close the date of paying installments for eligibility before October 2019.
5. Out Of all balloted pilots. anyone can apply for possession on minimum 60% payment. In this case member will submit affidavit that all remaining installments will paid on time along with post date cheques Otherwise company has the right to change the location.
6. Management is also announce that first given 50% discount on Development charges & discount 20% given up-front on villa foundation .All members who has not paid two Installment Will be block and refund will made
Within 6 months as per policy.
8. From 16 Sep 2019 all Installment will be subject to surcharge if late as per policy
For more details