Dear All
I have two plots, 5 & 8 marla in DHA Valley Islamabad. Can you pls guide me either to merge them into one or to sell them, or to retain ...
I ma not confident about the future prospects of this scheme.
Looking forward for valuable advice..
Regards
Bilal
Mian Nadeem Islamabad replied on Thursday, April 30, 2009 03:49 PM
Yes u can if both plots are on your name or in the name of blood relation... by paying 5000 fee |
Mian Nadeem replied on Thursday, April 30, 2009 03:53 PM
Its a SAFE but very long time investment suitable only for those not having cash in hand and want to pay in installments. My advice is try to sell both or merge them. |
Irf replied on Thursday, April 30, 2009 07:14 PM
hi, can someone advise me what how mergeing work and what are the benefits, i also have two 8 marla plots, once in overseas block |
khan from canada replied on Friday, May 1, 2009 01:55 AM
Personal experience- No refund or return of any of the plots allowed. The only option is the request to merge. It make take them upto 6 months to act n the merger request ut will be done in due course o ftime. Donot have to pay the instalments for the plots to be merged, but keep instalments of the one you want to keep upto date. Try calling DHAI @ ext 279 or 151.Below is what I got in response:
"Reference to tele-conversation with Mr Muhammad Kashif Sharif Director Finance DHA Islamabad on 09 Jan 2009 on the subject refers. DHA Overseas Block plot can be merged / adjusted as per following mechanism:- 1. Preparation of affidavit by the person who wants to surrender the plot as per the specimen attached on Rs 20 stamp paper duly notarized. 2. Attachement of copies of CNIC of both the person who wants to surrender the plot and the person in favour of plot is being merged / adjusted. 3. Attachement of demand draft Rs 5000 in favour of DHA Overseas Block on account of merger fee. 4. Attachment of copies of intimation letter by the person who wants to surrender the plot. Please despatch through courier service all the above mentioned documents in original to DHA Islamabad for our further necessary action as desired. Regards"
COPY OF AFFIDAVIT:
AFFIDAVIT
Before DHA Islamabad
I ____________S/O _______________Resident of _______________________________
Do solemnly affirm that I had deposited Rs _____ in DHA valley vide cheque no/cash vide slip no _____dated ____ in scheme DHA valley. That I want to surrender above said account in favour of _________________S/O______________ who is my real ____________________. In case DHA Valley collects/adjusts the amount in favour of aforesaid _______________ I shall have no objection or any claim thereof.
Deponent_________________
Name ___________________
ID ______________________
Address__________________
_________________________
Certificate
Certified that the contents of above affidavit are correct to the best of my knowledge.
Deponent_________________
Name ___________________
ID ______________________
Address__________________
________________________
HOPE THIS WILL HELP LOTS OF READERS WITH PLOTS IN DHAI VALLEY-Regards |
Rasheed Aghai replied on Friday, May 1, 2009 08:14 AM
Respected Mr.Khan,
Thanks for proper guidline.
Sir, are you sure it is merger process not transfer process ? I think it is transfer process while merger is between 2 plots having same owner. |
khan from canada replied on Friday, May 1, 2009 04:22 PM
Hi Mr. Aghai
Please go through the e-mail attached above carefully. It clearly states merger/ adjustment between the plots owned by the same person. Best of luck |
bilal replied on Saturday, May 2, 2009 09:20 AM
Thanks guys...so you all suggest
1. not to retain them, try to sell them
2. its better to merge two plots into one, rather than selling them at loss. The max loss in case of merger is the 5000 merger fee and the processing fee .....
Thanks all |
