SALE OF AJ&K SOCIETY F-16/4, 500 SQ YDS PLOT
Ad Type
City
Scheme
Phase
Block
Plot
Size
Demand(Rs)
For Sale
Islamabad
Jammu & Kasmir Housing
F-16
F-16/4
545
500 Sq Yds
+4.5 Lacs
Dear Visitors
I due to some compulsion want to dispose off my 500 Sq Yds plot located in F-16/4 Sector. The development work of the area has recently been initiated by the society and F-16/4 sector happens to be the first sub-sector where development work will be completed. Cost of plot is Rs 6,75,000/= and total of 10 development installments will have to be paid. I have so far deposited one installment only. The total amount that I am looking for Rs 6,75,000 + Rs 50,000 (one inst of dev charges) + Rs 4.5 lacs "On" money. I must inform that I paid Rs 8 lacs "On" but then times have changed.
The cost of the plot will be 6,75,000+5,00,000+4,50,000= 16,25,000/= (i.e. cost of land, development cost, profit respectively).
An important point to note is, that by the time the development would be over, the new Islamabad airport would also be functional and the F-16 sector lies right on the Fateh jang road that would also lead to new Islamabad airport. Doubtlessly the profit by then would be tremendously high. I would have never disposed off the plot at so low profit margin and that too in todays' market sentiments but then I have some compulsion that is forcing me to dispose off the plot.