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Lahore Real Estate Forum: Property News & Community Talk : ,

(76812)
Friday, February 1, 2013 07:49 PM 

dear friends,
i got my transfer letter for my 1-kanal plot in phase7 this week. it mentions a 'Non-construction Penalty' after the possession is opened. The owner is required to construct the building within three years otherwise a penalty will be levied as per DHA Byelaws.

I did not know this before. Can anyone tell how much is the penalty? as i plan to keep it for a long time.

Jameel replied on Friday, February 1, 2013 09:48 PM 

phase 5,6,for 13000 per year after 3 years of possession, you have to clear all dues before starting construction.
for phase 7 not yet decided as there is no posession yet u will get the rate when u get possession

CH.SHAREEF replied on Saturday, February 2, 2013 08:25 AM 

Dear Friends,after 3 years possession period,what is procedure to get extention for building period to avoid their charges.. in BAHRIA TOWN LAHORE (I thing their charges for 1-kanal plot Rs.4500
per months)Please give your suggessions.Regards,
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