C-15 BUP FILES FOR SALE. . .
C-15, Islamabad, Islamabad Capital
22
Map
5 Marla
Overview
Details
- TypePlot File
- PricePKR38 Lakh
- LocationC-15, Islamabad, Islamabad Capital
- Bath(s)-
- Area5 Marla
- PurposeFor Sale
- Bedroom(s)-
- Added3 days ago
Description
C-15 BUP FILES FOR SALE. . .
CDA Sector C-15 Islamabad: This is a residential sector in Islamabad, Developed and managed by the Capital Development Authority (CDA). It is located near the Margalla Hills.
BUP Files: This stands for Built-up Property files. When the CDA acquires land for the development of a new sector, it compensates the original landowners. Those who had constructed a house or building on the land are given a "built-up property" (BUP) claim. The CDA's policy has been to compensate these landowners with a developed plot of a certain size (e. g. , a 5-marla plot for a 300+ square foot built-up area). A "BUP file" is the official record or document of this claim, which is an entitlement to a plot.
Non-Balloted Files: In the CDA's process, plots are typically allotted to claimants or the general public through a balloting system, which is a computerized lottery. "Non-balloted" means the BUP claim has not yet been included in the official balloting process for a specific plot number. It represents an entitlement to a plot but not to a specific location or number within the sector yet. These files are typically sold on the market as a form of investment.
For Sale: The existence of these "non-balloted" files for sale means that original landowners who received a BUP claim have sold their entitlement to a third party. This is a common practice in the real estate market in Islamabad, particularly for new or developing sectors. Investors buy these files with the expectation that they will eventually be converted into a fully developed plot after the CDA completes the balloting and development process.
Important Context for CDA Sector C-15
Recent news from the CDA and real estate sources indicates that the process for BUP claims in Sector C-15 has been complex and has seen significantdevelopments:
FOR MORE INFO PLZ CONTACT. . .
AL-REHMAN REAL ESTATE
CDA Sector C-15 Islamabad: This is a residential sector in Islamabad, Developed and managed by the Capital Development Authority (CDA). It is located near the Margalla Hills.
BUP Files: This stands for Built-up Property files. When the CDA acquires land for the development of a new sector, it compensates the original landowners. Those who had constructed a house or building on the land are given a "built-up property" (BUP) claim. The CDA's policy has been to compensate these landowners with a developed plot of a certain size (e. g. , a 5-marla plot for a 300+ square foot built-up area). A "BUP file" is the official record or document of this claim, which is an entitlement to a plot.
Non-Balloted Files: In the CDA's process, plots are typically allotted to claimants or the general public through a balloting system, which is a computerized lottery. "Non-balloted" means the BUP claim has not yet been included in the official balloting process for a specific plot number. It represents an entitlement to a plot but not to a specific location or number within the sector yet. These files are typically sold on the market as a form of investment.
For Sale: The existence of these "non-balloted" files for sale means that original landowners who received a BUP claim have sold their entitlement to a third party. This is a common practice in the real estate market in Islamabad, particularly for new or developing sectors. Investors buy these files with the expectation that they will eventually be converted into a fully developed plot after the CDA completes the balloting and development process.
Important Context for CDA Sector C-15
Recent news from the CDA and real estate sources indicates that the process for BUP claims in Sector C-15 has been complex and has seen significantdevelopments:
FOR MORE INFO PLZ CONTACT. . .
AL-REHMAN REAL ESTATE
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