Here is an exclusive investment opportunity in the most beautiful suburbs of Islamabad Capital Development Authority. CDA has devised Phase 3 of its most beautiful residential project “Park Enclave” which is located right opposite Chak Shahzad Farm Houses on Park Road. Limited places of 5 Marla (25 × 50), 10 Marla (35 × 70), 14 Marla (40 × 80) and 1 Kanal (50 × 90) are available by open ballot, so apply before the given deadline to take advantage of this lucrative offer.
Park Enclave Phase 3 is planned adjacent to Phase 1, and it is considerably smaller by comparison. CDA has also released the location map and master plan of phase 3, so you can check the exact location before submitting your application.
Follow the local map of Park Enclave Phase 3:
As you can see on the local map above, Phase 3 is located right next to Phase 2 with direct access from Kurri Road. You can get a better idea of a relative location from the map below:
Following is the complete master plan of Park Enclave Phase 3 with intriguing numbers:
Here is the number of plots available in each category:
- 5 Marla: 264 Plots
- 10 Marla: 597 Plots
- 14 Marla: 124 Plots
- 1 Channel: 76 Plots
Reservations are open to the general public including foreign Pakistanis until 17 September 2020. Brochures and registration forms can be obtained from selected banking subsidiaries of MCB, UBL, HBL, Askari Bank through Pakistan and CDA One Window Directorate on payment of PKR 10,000 / – ( not refundable).
Registration forms can be sent to the selected bank branches together with the following documents:
- Original Registration Form
- Certified copy of CNIC
- 2 Photos (3.5 × 3.5 cm)
- Pay a 10% down payment in favor of the Capital Development Authority, Islamabad (refundable to unsuccessful candidates)
You can go through a detailed application procedure given in the brochure before submitting your application to avoid mistakes/rejection.
Here are the prices of housing:
If you succeed in the election, you will have to pay the remaining amount according to the given schedule:
- 20% is added within 3 months from the date of issuance of a letter of advice.
- 25% is added within 6 months of the date of publication of a letter of advice.
- 25% is added within 12 months of the date of publication of a letter of advice.
- 20% amount at the time of delivery of possession.
In case of failure in the ballot, a 10% advance will be refunded to the candidate by a bank project within 45 days of the ballot.
You can download a complete brochure of Park Enclave Phase 3 below:
Park Enclave Phase 3 Brochure
You can see a press release of the project below:
A computer ballot of all submitted nominations will be held at Jinnah Convention Center, Islamabad further September 24, 2020.
