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NFC PHASE 2,

(55055)
Friday, October 2, 2009 06:11 AM 

Dear CMY,
AoA
I will be grateful and need your sincer advice

1- I have two plots in the NFC phase 2
2- I have received a notice to pay pending Development charges which is Rs 550000 each.

I have two options which I am considering

1- Sale of one plot and pay the development charges for the other.

Or

2- Arrange to pay development charges and sell one plot after one/two years.

My decision depends on your advise please, as I am residing overseas since last 10 years.

Please guide me, May God bless U.

Thanks

uae replied on Friday, October 2, 2009 07:03 AM 

if u want to take advise please mail me at

Advice replied on Friday, October 2, 2009 08:15 AM 

@uae

Why don't you post your advice here on this forum so that we all can analyze and get benefit.

Aamer replied on Friday, October 2, 2009 09:21 AM 

Yes thats right. Advice should be posted here so that others can also benefit about are having investment in NFC Phase 2. I would also request CMY

Sami replied on Friday, October 2, 2009 10:43 AM 

Option 2 is better. You should pay the development charges and wait for 1 to 2 years. The development is in progress and as the possession gets near your plot will be double or tripple in price. NFC phase 2 has great dual approach from Multan road and Canal road just like EME, and due to its low price and great access will immediately get populated.

NFC Lahore Phase 2 replied on Friday, October 2, 2009 11:04 AM 

AOA,

Dr sahib sorry for the delay. Today I was on detailed visit to all housing schemes in DHA Lahore area so I was unable to post answer right away.

Dr sahib I have seen lot of construction work on going in NFC Lahore phase 2. I think its worth to pay development charges and wait for 2 to 3 years to get possession. Shemes in on great location with great aproach and have all the needed land in hand.

Ch Mujahid Yasin ( CMY )
03224009967

thinking replied on Friday, October 2, 2009 05:01 PM 

what if you dont pay development charges now ( if difficult to manage ) there is not too much fine on late payment of development charges I guess.

CMY replied on Saturday, October 3, 2009 02:36 AM 

If I am nor wrong Until now NFC dont charge any fine on late payment of development charges.
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