AG replied on Tuesday, August 9, 2011 11:52 PM
Dear Friends. AN examle for your review. 1. I live & work in UAE. 2. I started construction (By a contractor)of my house at Bahria Town Lahore about a year ago & by the grace of Allah (SWT)is now complete in all respects. 3. About 8 months ago I sent an email to Bahria Town Lahore informing them that I would like to buy a small commercial plot to build a commercial plaza for some income in my retired life. 4. On the receipt of my mail Bahria Town customer services representative called to find out what exactly I wanted? I explained that soon, after my retirement, I will be living in BT Lahore. I want to invest in some commercial plot in BT Lahore to build a small plaza for income in my retired life. 5. She sent me list of commercial plots available in commercial area of Sector "C" of BT Lahore with the pricees & payment schedule. I selected a 5 marla plot in the ring on back side of block B for a price of 33+3 (10% extra for facing the park)= 33 Lakh. Sent PRs.300,ooo/- as advance & BT Lahore confirmed my booking. 4. I paid the remaining amount in 4 instalments in 8 months. Some times the payment of instalment was delayed by upto a month but BT Lahore did not make any problem for me. The 5 marla commercial plot which I bought in 33 Lakh about 8 months back from BT Lahore in Sector "C" sitting in UAE without any problem is now worth 55 to 60 Lakh. WHAT MORE WE CAN EXPACT FROM A DEVELOPER? |