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Slayer
( 191 posts )

[674 Replies]
After repeated lollipops from management no development on ground suffering since 2013 please suggest to sale or hold my investment after 4 years i am in net loss.

    2032 days ago In Property Evaluation
    Post Answer
    Bilal
    (273 posts)
    One of my friend visited a week back,as per him he asked the person working there that which place is this and the person replied this is f 16/4 street 23...



    The map i have seen has no street number on it.Can please some 1 explain where is street 23 in f16/4???
      841 days ago 

      TNK
      (40 posts)
      Any update about development in F16? Should we hold a plot in it or sell it?
        832 days ago 

        Slayer
        (191 posts)
        Dont know about development but prices are on move now after 3 years of stagnation
          831 days ago 

          Zarkon Anwa..
          (107 posts)
          Any update on development or status of development plan?

          When will society's election held?

          Can someone tell me price of 10 marla plot in F-16/3?
            803 days ago 

            B Ali
            (8 posts)
            Dear all,



            According to society insiders, development work of F-16 sector has been awarded to Rakshani builder. Did some recce and found it that this Rakshani builders is a Category A No limit company owned by Senator Badini, whereas previously all JKCHS work was done by one Mr. Shuja Kiyani in the name of Intercity Pvt Ltd. You all may be astonished to learn that this Intercity that has been working in JKCHS since last 30 years, has not record with PEC.



            Apparently, there is a rift between the ranks of society. Mr. Shuja Kiyani, previous contractor who was not awarded work of F-16, is working with Mr. Naseem Anjum (Finance Secretary, JKCHS) and Mr. Zaheer (Executive Secretary) to not allow Rakshani Builders to work. He is also planning to ensure in election, Naseem Anjum comes as Secretary under his sponsorship. Whereas, Secretary Abdul Latif Qureshi is actively supporting Rakshani, and has called for investigation into assets of all members of Managing Committee and threatened to resign if development in F-16 not allowed to continue.



            Interesting times for all concerned and connected with JKCHS.
              797 days ago 

              TNK
              (40 posts)
              @B Ali



              Good info. Please keep us updated with the progress. When is the election?
                795 days ago 

                B Ali
                (8 posts)
                @ TNK



                Will keep posted IA. Meanwhile election schedule yet to be announced but election commission has been formed by Cooperative Department. Will update with more details as they come
                  795 days ago 

                  B Ali
                  (8 posts)
                  @TNK



                  Election schedule finalised, will be announced shortly. My reports suggest it will be held on 30th August
                    778 days ago 

                    Zarkon Anwa..
                    (107 posts)
                    @TNK

                    @B.Ali

                    Thanks for info. Can someone plz update on the progress of the development and any variation in prices from the last month or so?
                      778 days ago 

                      B Ali
                      (8 posts)
                      @Shahzad Anwar



                      Development work is sort of lukewarm to be honest. Only possession of approx 200 kanals in F-16/4 given to new contractor, since old contractor Mr Kiyani is creating hurdles. You should visit and see for yourself if possible tho since site office and machinery is there but not much activity past that small pocket.



                      I'm expecting prices to drop since work will be stopped (or at the very least extremely slow paced) for next two months since administrator has been placed at society. Previous finance secretary of JKCHS Naseem Anjum hasn't even released payment of new contractor at behest of old contractor according to my sources.



                      If I were you and have a 35 x 70 plot, I'll hold for now to see how dust settles. Should be able to get 30 x 60 in F-16/3 for around 2.1 mil in clear land, to give you an idea. Hope above is helpful.



                      Cheers
                        778 days ago 

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