Islamabad Real Estate
Buy, sell, rentals and lease of property, land, houses, flats, shops in Rawalpindi and Islamabad.
Junior PK Member
|Joined: 05 Nov 2007
| OVERSEAS SECTOR OF DHA
OVERSEAS SECTOR (SPECIALLY FOR OVERSEAS PAKISTANIS)
Overseas sector is located on the north western edge of the Phase-II (extn), close to Rawat the junction for an approach to Grand Trunk Road ( GT Rd )and M-II (Motorway-II). This makes commuting to Islamabad , Lahore , Northern areas and Azad Kashmir exceedingly quick and convenient. The site is less than 3 miles from the proposed site of DHA Islamabad mainline railway station, where a regular and reliable commuter train service runs into major cities of Pakistan each day.
DHA Islamabad is delighted to announce the release of prime, building sized plots at our latest development site in overseas sector on the edge of the beautiful Islamabad highway.
Overseas sector is located a 20 minutes drive from the zero point and is only 12 miles south of Islamabad. An excellent road network and major rail links are only a few minutes away and make it easy to travel to just about anywhere in Pakistan. The site's position is particularly good for those individuals wishing to travel to Northern areas, Peshawar, Azad Kashmir, Lahore and Chakwal as well as the region's major airport is situated at 25 minutes drive.
This first phase of the site is only part of a larger development we have planned over the next few years at this location. Each building sized plot is generous enough to build a prestigious, 4 - 5 bedroom detached home, complete with a spacious garden, which you can create to your own design.
DHAI is developing the HECI Hospital and the HECI Medical, Nursing and Dental College in collaboration with Harvard Medical International Inc. DHA Islamabad has reserved 650 acres of land for said purpose. “Health & education city” is reserved for overseas doctors. This will be a revolutionary change in healthcare sector and bring new trends in the region.
Creating attractive investment opportunities for overseas Pakistanis. Overseas Management Group of DHA Islamabad is commited to provide “state of the art” living which includes education and health facilities of a top American university and affiliated hospital.
LOCATION OF OVERSEAS SECTOR
• The site is immediately adjacent to the M-II and Grand Trunk Road.
• Under 3 miles to DHA Islamabad Railway station.
• 12 miles to Rawalpindi Railway station.
• 25 minutes drive to central Islamabad.
• 5 hospitals within a 10 miles radius.
• Islamabad International Airport is 8 miles away.
• 9 shopping centers within a 20 mile radius.
UAE based public joint stock company a UAE based company signed an agreement with Defence Housing Authority Islamabad to form a Joint Venture company. Emaar will develop the land of 8000 kanals in Phase II extn including villas, hotels/resorts, commercial area, bridges and recreational park. Other phases includes Phase - I extn, Phase - III.
The project will start in middle of this year. The project is meant to join Phase II and Phase II extn. The spade of work is likely to start by end of this year.
Development of entertainment park including theme park, cinemas, bowling alley, rides and restaurants will be the feature adding beauty to DHA Islamabad.
Dadhocha dam is planned to be constructed in Phase II extn by joint venture.
Applicants from USA, Canada, UK, Middle East please
coordinate with one of our coordinators.
Mention the FULL NAME of the relevant coordinator
(you coordinated with) at the end of registration form.
Country code for USA - 001
Canada - 001
United Kingdom +44
and Middle East - +966
Opportunity for Mortgage Finance
Those applicants who want to avail the opportunity for mortgage finance may opt for "Anchor Finance Group". AFG will provide an opportunity to overseas Pakistanis to utalize various financing options including conventional Home Equality and Cash-out Re-Finance as well as Shahriah-complaint rupee Mortgage financing products through premier foreign banks of Pakistan.
Option 1 (Askari Bank Ltd):
Pay to any American Express Bank Limited, New York Agency, New York, IA Swift BIC Code: AEIBUS33XXX NY: 10008 P.O Box Number: 740, USA for the credit of Askari Bank Ltd, Karachi account number: 000718577, Swift BIC Code: ASCMPKKA for the onward credit to Askari Bank Ltd, DHA Branch, Islamabad Account number: 01060213000030 favouring DHA Islamabad.
Option 2 (The Bank of Punjab):
Credit to A/C # 3582-040168-001 of The Bank of Punjab, Head Office Karachi, Pakistan with Standard Chartered Bank, 1 Madison Ave New York NY, 10010-3603, US (Swift code: SCBLUS33) for onward credit to Account # FSN-4498-7
of Defence Housing Authority, Islamabad with The Bank of Punjab, Gul-e-Akra Plaza, Branch Rawalpindi Pskistan.
Swift code of The Bank of Punjab: BPUNPKKX014
TERMS & CONDITIONS
1) I authorize Defence Housing Authority Islamabad (DHAI) and
its authorized representatives to verify my credit rating from
credit reference agencies.
2) I understand and agree that the Registration Fee of USD 5,000
payable upon submission of this Registration Form is non-
(i) DHAI cancels the Housing Scheme;
(ii) DHAI refuses my application; and/or
(iii) I am unable to obtaining requisite financing in which case
refund of the Registration Fee shall be made to me or my
duly authorized representatives in Pakistan Rupees.
3) I understand that the Registration Fee shall be adjusted in the
Purchase Price of my plot/constructed house.
4) DHAI shall allocate the numbers / addresses to plots/constructed
houses to the customers on 'FIRST COME FIRST SERVE' basis. I understand
and agree that if a corner plot is allotted to me, I am liable to pay
additional charge of 10% of the purchase price of the plot.
5) I understand that at the time of possession of the plot/constructed
house to me, DHAI shall, in my presence or in the presence of my
duly authorized representative, carry out measurements of
the plot/constructed house. I understand and agree that if, after
such measurements, DHAI determines that the total land area of
the plot/constructed house exceeds the standard allotted size, I
shall, within 90 days of a written notice from DHAI, pay the cost
of such additional land area to DHAI, as solely determined by DHAI.
I further understand and agree that if, after such measurements,
DHAI determines that the total land area of the plot/constructed
house is less than the standard allotted size, DHAI shall determine
the price/cost of such undersize plot/constructed house, and shall
refund to me the additional price/cost, if any, paid for it.
6) In order to secure a loan from a registered loan giving agency for
the purchase of a plot/construction of house, I may mortgage the
plot/house to such loan giving agency after obtaining a No Objection
Certificate from DHAI .
7) I shall, from the date of possession of the plot/constructed house,
be liable to pay all taxes, rates, assessments, duties, charges
(including betterment and maintenance charges) and impositions
which may now or hereinafter be charged or imposed upon or be
payable in respect of the said plot/constructed house or anything
relating thereto by any competent authority under any law, rule,
regulation or bye-law, as may from time to time, be in force.
I shall comply with and abide by all the laws regulating DHAI and the
rules, regulations, bye-laws and orders that may be made/issued
thereunder by DHAI, from time to time.
9) I shall, within a period of three (3) years from the date of possession
of the plot construct a house in conformity with the construction
bye-laws of DHAI and shall obtain a completion certificate from
DHAI in accordance with the prescribed procedure. In case I am
unable to procure a completion certificate from DHAI within three
(3) years of obtaining possession of the said plot, I shall be liable
to pay to DHAI non-utilization charges, as determined by DHAI.
10) I understand that DHAI retains the right to inspect/monitor the
construction of my house, through its representative, at all
11) I shall not disturb/interfere with the layout of the Housing Scheme,
in any manner whatsoever, and shall not encroach upon or usurp
or put into my use, the pavements, pathways, roads, beams,
green belt or any of the area/piece of land in the ownership of
DHAI other than that allotted to me. In case of any such violation,
DHAI may, without any notice and at my risk and cost, take
appropriate action(s) to restore such pavements, pathways, roads,
beams, green belt or any of the area/piece of land in the ownership
of the DHAI and I shall immediately pay to DHAI the costs incurred
by DHAI in connection therewith.
12) DHAI reserves the right to cancel the allotment of my plot/
constructed house, resume its possession and forfeit five
percent (5%) of the payments made by me, in case I contravene
any conditions of allotment/transfer. In such a case, it shall be
lawful for the authorized representative of DHAI to enter upon my
plot/ constructed house and take possession thereof.
13) I shall pay the proportionate cost of any facility provided by DHAI
for development and/or maintenance of the infrastructure etc.
14) All stamp duty and registration fee etc., payable in respect of my
plot/constructed house shall be borne by me.
15) I shall not transfer or sub-divide my plot/constructed house without
the prior approval of DHAI. Upon approved, I shall pay the requisite
transfer/division fees, as prescribed by DHAI.
|Thu Nov 08, 2007 3:31 pm
||All times are GMT + 5 Hours