{"id":68587,"date":"2019-09-27T06:42:49","date_gmt":"2019-09-27T06:42:49","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=68587"},"modified":"2020-09-14T04:57:03","modified_gmt":"2020-09-14T04:57:03","slug":"capital-smart-city-plot-ballot-updates","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/capital-smart-city-plot-ballot-updates.html","title":{"rendered":"Plot Balloting for Overseas and Executive Block of Capital Smart City, Islamabad"},"content":{"rendered":"\n<p><strong><em>Update (19th December 2019):<\/em><\/strong><em> After quoting a tentative date for mid-November 2019, Capital Smart City, Islamabad has finally announced a definite date for its first plot ballot. The ballot will be held on the 21st of December 2019 at 11 am at the Capital Smart City Project Site. The ballotting ceremony will be followed by lunch and the results will be available on <\/em><a rel=\"noreferrer noopener\" aria-label=\"Capital Smart City's official site (opens in a new tab)\" href=\"https:\/\/www.smartcitypk.com\/\" target=\"_blank\"><em>Capital Smart City&#8217;s official site<\/em><\/a><em> after they have been announced. You can also watch the event LIVE via their <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.facebook.com\/smartcitypk\/\" target=\"_blank\">Facebook page<\/a> and <a rel=\"noreferrer noopener\" aria-label=\"YouTube channel (opens in a new tab)\" href=\"https:\/\/www.youtube.com\/capitalsmartcity\" target=\"_blank\">YouTube channel<\/a>.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p>There is great news for all the buyers, investors, and business-minded people interested in Capital Smart City, Islamabad. The Capital Smart City plot ballot for its Overseas and Executive blocks has been announced for mid-November 2019, and while no date has been set as of yet, we will update you on the latest news as it develops. For now, let\u2019s talk a bit more about what terms and conditions apply on the Capital Smart City ballot and plot possession as of the latest updates. We\u2019ll also elaborate on details with respect to the project itself.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Capital Smart City Plot Ballot for November 2019<\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/IGs-8-1024x640.jpg\" alt=\"Balloting of Plots of Overseas and Executive Blocks, Capital Smart City\" class=\"wp-image-68621\" srcset=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/IGs-8-1024x640.jpg 1024w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/IGs-8-300x188.jpg 300w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/IGs-8-768x480.jpg 768w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/IGs-8-640x400.jpg 640w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/IGs-8.jpg 1440w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Pay Your Dues by 15th October to be Eligible for the Ballot!<\/figcaption><\/figure>\n\n\n\n<p>A letter has been issued by Future Developments Holdings (Pvt.) Limited (FDHL)\u2014the developers of this megaproject\u2014announcing that they have decided to hand over the project, phase-wise, well before its date of completion, which was originally set for 2022. The decision was taken considering the rapid pace and progress of the development work. Nearly 450 machines are being used by the labour on-site to speed up the development, and three sectors each of the Overseas Block and the Executive Block will be ready for possession by the first quarter of 2020. Possession will then continue on a quarterly basis.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Terms and Conditions for the Capital Smart City Plot Ballot<\/h2>\n\n\n\n<p>Keeping the information shared above in mind, balloting of plots for the developing sectors of the Overseas and Executive Block will be held in the middle of November 2019. Here are some of the terms and conditions associated with the plot ballot of Capital Smart City:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Choose your plot\u2019s location on the map<\/li><li>Eligibility for overseas and executive block ballot<\/li><li>Issuance of an acknowledgment receipt<\/li><li>Last date for the payment of dues<\/li><li>Possession of plots in Capital Smart City<\/li><li>Discount on development charges<\/li><li>Free-of-cost consultation and selection of villa design<\/li><li>Discount on club memberships<\/li><li>Warning for unpaid instalments<\/li><li>Surcharge on late instalments<\/li><\/ul>\n\n\n\n<p>Let\u2019s discuss each of these terms and conditions in a little more detail to give you a better view of the bigger picture.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Choose Your Plot\u2019s Location on the Map<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/Block-B-1024x640.jpg\" alt=\"Plot cutting is ongoing at Overseas and Executive Blocks\" class=\"wp-image-68622\" srcset=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/Block-B-1024x640.jpg 1024w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/Block-B-300x188.jpg 300w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/Block-B-768x480.jpg 768w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/Block-B-640x400.jpg 640w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/Block-B.jpg 1440w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>A view of the site work at Overseas Block B, Capital Smart City<\/figcaption><\/figure>\n\n\n\n<p>All interested parties who have paid 100%, 50%, or even 40% upfront for their investment in Capital Smart City will be allowed to choose the location of their plot on the map without a location ballot. However, the due instalments must be paid by the 15<sup>th<\/sup> of October for them to earn this advantage.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Eligibility for Overseas and Executive Block Ballot<\/h3>\n\n\n\n<p>The condition stated above is applicable, in particular, to those who have stakes in the Overseas and Executive Block, as they will only be eligible for balloting if all their due instalments have been paid by October 15<sup>th<\/sup> 2019 as per the payment plan for plots in Capital Smart City. Please note that during the ballot, priority will be given to plot files that were booked before the 1<sup>st<\/sup> of January 2019.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Issuance of an Acknowledgement Receipt<\/h3>\n\n\n\n<p>Since there are only a limited number of plots available for balloting in the first phase, an acknowledgment receipt will be issued by the developers to confirm your eligibility for the upcoming ballot.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Last Date for the Payment of Dues<\/h3>\n\n\n\n<p>The company also reserves the right to modify the last date for payment of the instalments due and might close payments well before 15<sup>th<\/sup> October, so you should not wait for the last date to clear your outstandings.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Possession of Plots in Capital Smart City<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/site-office-1024x640.jpg\" alt=\"450 machines and extensive labour is at work on site\" class=\"wp-image-68625\" srcset=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/site-office-1024x640.jpg 1024w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/site-office-300x188.jpg 300w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/site-office-768x480.jpg 768w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/site-office-640x400.jpg 640w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/site-office.jpg 1440w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Visit the Site Office to Learn More about the Development<\/figcaption><\/figure>\n\n\n\n<p>Once the plots are balloted, anyone who has paid a minimum of 60% of their due instalments will have a right to apply for possession of the plot. You will, however, be required to submit an affidavit stating that all the remaining payments will be made on time, along with post-dated cheques for all the following instalments. Failure to live up to your end of the commitment will give the company the right to change the location of the plot as per their liking and convenience.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Discount on Development Charges<\/h3>\n\n\n\n<p>As announced by FDHL, the first 200 members of the project will be given a 50% discount on development charges, with 25% of the discount being given up-front at the start of the construction of the villa\u2019s foundation, while 25% discount will be offered upon moving into the constructed property.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Free-of-Cost Consultation and Selection of Villa Design<\/h3>\n\n\n\n<p>The company has further announced that it will facilitate all parties concerned with the project by offering them the opportunity to select a detailed architectural design for their villa free of cost with help from DSA Architects\u2014a world-renowned firm that has offices in South Africa, the UAE, and Portugal. Investors of Capital Smart City will save an estimated PKR 2 lakh on design and construction costs with the provision of this facility.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Discount on Club Memberships<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/development-1024x640.jpg\" alt=\"Roads are being laid and plots are being cut for possession before the ballot\" class=\"wp-image-68623\" srcset=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/development-1024x640.jpg 1024w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/development-300x188.jpg 300w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/development-768x480.jpg 768w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/development-640x400.jpg 640w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/development.jpg 1440w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Final Roadworks are Underway On-Site<\/figcaption><\/figure>\n\n\n\n<p>There\u2019s also further good news for all the founding members\/investors of the project, as they will be offered an exclusive discount on the membership and facilities of Capital Golf &amp; Country Club, along with being offered the same at Royal Orchard Clubs in Sargodha, Sahiwal, and Multan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Warning for Unpaid Instalments<\/h3>\n\n\n\n<p>A warning note issued in the notice also clarifies that all such plot files where a minimum of two instalments have not been paid by the 15<sup>th<\/sup> of October would be blocked and cancelled as per the terms and conditions of the booking. A refund will be issued to all such parties within six months.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Surcharge on Late Instalments<\/h3>\n\n\n\n<p>It is also important to note that a surcharge is now being charged on all late instalment payments as per the terms and conditions stated in the booking form.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">About Capital Smart City, Islamabad<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.zameen.com\/area-guides\/capital-smart-city-rawalpindi\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Capital Smart City (opens in a new tab)\">Capital Smart City<\/a> is one of the first smart cities in Pakistan. The project occupies an ideal location on the M-2 Motorway, positioning it conveniently between the twin cities of Islamabad and Rawalpindi. It is also in line with the eastern route of the CPEC and enjoys proximity to the new Islamabad International Airport.<\/p>\n\n\n\n<p>The city focuses on offering a large number of employment opportunities in its commercial and financial districts, with world-class infrastructure, the latest smart technology, as well as a sustainable, green, and eco-friendly lifestyle. <a href=\"https:\/\/www.zameen.com\/new-projects\/capital_smart_city-1411.html\" target=\"_blank\" rel=\"noreferrer noopener\">Capital Smart City<\/a>, Islamabad, also encompasses a number of other features and facilities that have become an added attraction for investors looking for a <a rel=\"noreferrer noopener\" aria-label=\"plot for sale (opens in a new tab)\" href=\"https:\/\/www.zameen.com\/Plots\/Rawalpindi_Capital_Smart_City-11891-1.html\" target=\"_blank\">plot for sale<\/a> in the project. You can check out the video of its official launch below:<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"youtube_embed_wrapper alia_embed_wrapper\"><!--ALIA start embed content--><iframe loading=\"lazy\" width=\"880\" height=\"495\" src=\"https:\/\/www.youtube.com\/embed\/LoecaqlQwYo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><!--AliA end embed content--><\/div>\n<\/div><\/figure>\n\n\n\n<p>This post will be updated with the official date of the Capital Smart City plot ballot once the developers announce it via their official channels. Keep following <a href=\"https:\/\/www.zameen.com\/blog\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Zameen Blog<\/a> for more property updates. Email us at <a href=\"mailto:blog@zameen.com\">blog@zameen.com<\/a> if you have any suggestions, questions, or concerns.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Update (19th December 2019): After quoting a tentative date for mid-November 2019, Capital Smart City, Islamabad has finally announced a definite date for its first plot ballot. The ballot will be held on the 21st of December 2019 at 11 am at the Capital Smart City Project Site. The ballotting ceremony will be followed by lunch and the results will be available on Capital Smart City&#8217;s official site after they have been announced. You can also watch the event LIVE via their Facebook page and YouTube channel. There is great news for all the buyers, investors, and business-minded people interested in Capital Smart City, Islamabad. The Capital Smart City plot ballot for its Overseas and Executive blocks has been announced for mid-November 2019, and while no date has been set as of yet, we will update you on the latest news as it develops. For now, let\u2019s talk a bit more about what terms and conditions apply on the Capital Smart City ballot and plot possession as of the latest updates. We\u2019ll also elaborate on details with respect to the project itself. Capital Smart City Plot Ballot for November 2019 A letter has been issued by Future Developments Holdings (Pvt.)&hellip;<\/p>\n","protected":false},"author":71,"featured_media":69196,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11051],"tags":[37309,8090,37267,37266,37265,37307,4099,37270,37308,37268,236,37269],"persona":[32425,32411],"class_list":{"0":"post-68587","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-property","8":"tag-balloting-for-plots","9":"tag-capital-smart-city","10":"tag-capital-smart-city-ballot","11":"tag-capital-smart-city-islamabad","12":"tag-capital-smart-city-plot-ballot","13":"tag-investing-in-capital-smart-city","14":"tag-latest-update-on-capital-smart-city-islamabad","15":"tag-november-2019","16":"tag-payment-plan-for-plots-in-capital-smart-city","17":"tag-plot-possession-of-capital-smart-city","18":"tag-property","19":"tag-terms-and-conditions","20":"persona-islamabad","21":"persona-property-investment","22":"cat-11051-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Capital Smart City Plot Ballot Announced for Mid-November | Zameen Blog<\/title>\n<meta name=\"description\" content=\"Capital Smart City plot ballot for its Overseas and Executive blocks is to be held in mid-November. Here is all you need to know about this update.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/blog\/capital-smart-city-plot-ballot-updates.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"1st Plot Ballot of Capital Smart City&#039;s Overseas and Executive Blocks to be Held on 21st December 2019!\" \/>\n<meta property=\"og:description\" content=\"Capital Smart City plot ballot for its Overseas and Executive blocks is to be held in mid-November. Here is all you need to know about this update.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/blog\/capital-smart-city-plot-ballot-updates.html\" \/>\n<meta property=\"og:site_name\" content=\"A blog about real estate, lifestyle and tourism in Pakistan | Zameen Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-27T06:42:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-14T04:57:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2019\/09\/Capital-Smart-City.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"625\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"SI\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SI\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Capital Smart City Plot Ballot Announced for Mid-November | Zameen Blog","description":"Capital Smart City plot ballot for its Overseas and Executive blocks is to be held in mid-November. 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