Advertise
Search Options
Search
Start New Discussion 
Ask Now
Prop Guide

Property Guru
7340 posts
24 best
Nadeem Ahmed

Property Guru
4785 posts
18 best
Falcon

Property Guru
4699 posts
6 best
Pakistani-1

Property Guru
3031 posts
26 best
Nasir

Property Guru
2515 posts
21 best
Abdul Qayyum

Property Guru
2073 posts
4 best
Sayeein

Property Guru
1868 posts
0 best
Khalid Javai

Property Guru
1769 posts
0 best
Sheikh Abdul

Property Guru
1753 posts
16 best
Baber Rabban

Property Guru
1716 posts
16 best
Isloo

Property Guru
1529 posts
3 best
Dsa

Expert Authority
1445 posts
2 best
Syed Ibrhaim

Expert Authority
1439 posts
17 best
Imtiaz

Expert Authority
1301 posts
7 best
Arshad

Expert Authority
1189 posts
1 best
Pardesi

Expert Authority
1172 posts
8 best
Mbs

Expert Authority
1157 posts
13 best
Ht

Expert Authority
1115 posts
9 best
Irfan

Expert Authority
1112 posts
8 best
Real Estate

Expert Authority
1052 posts
3 best
Become an expert on the forum, check Forum Ranks.
Want To Buy discussions and advice. Participate in ongoing dicussions and get invaluable Want To Buy advice from people who are experts in their industries or start a new Want To Buy discussion.
Saleem333
( 2 posts )

[10 Replies]
Dear experts, i'd like to ask if it is good to go to invest in cbr residencia? Is it safe or not? What about their noc and also a rough guess when it will be complete and ready to build home there?

    153 days ago In Want To Buy
    Post Answer
    Imtiaz
    (1295 posts)
    I am no expert but here is my take on Residencia

    CBR Residencia is an affiliated Block of CBR-2 (managed by CBRECHS), same context like Faisal Margalla City as an affiliated Project of B-17 (managed by MPCHS).

    So far, not much development as land purchase in progress. Electrification process and house construction in possession blocks of CBR-2 in progress so Residencia along with Prime block looks good.

    Its safe and they use same NOC of CBR-2 but may be with more land acquired, they need to apply for fresh planning and NOC.

    One of the biggest beneficiaries of RRR as its the one closest to the Thallian Interchange. Its visible on Google Maps and CBR-2 sees Residencia Block as a gateway to CBR-2 from Thallian Interchange and Girja Road.

    3 types of files may be in Market, i. All dues clear, ii. old booking, iii. new booking in progress. They were planning to have the balloting during May but I guess that has been push forward to some future date (not decided yet). Prices are attractive in comparison to neighboring societies (FOECHS, UPCountry, Taj Residencia) and its connected to CDA I-I6.

    Its at least 3+ Years before any sign of any sort of construction to take place. Location can be the biggest plus.

      153 days ago 

      Zarkon Anwa..
      (112 posts)
      CBR Residencia seems promising and i purchased an all dues clear file in nov @11 lac. My observations are as below



      1-I followed there balloting dates but unfortunately they never honored any of the date and even the Date of May is also changed without any solid reasoning. All these dates and hopes were given over the phone.



      2- The prices of all dues clear file dropped to @9+ lac



      3- They launched the Residencia again @ 13 lac and now with in a month thats changed to @16 lac both without development charges which is also strange.esa
        151 days ago 

        Wasif Ali
        (6 posts)
        Are the housing societies in new sectors of Islamabad (like this one in B-17, for example) designed with the same street/markaz pattern as the rest of Islamabad or are they more like DHA and Bahria?
          151 days ago 

          Imtiaz
          (1295 posts)
          I heard letters were also posted for an intimation to clear outstanding dues for inclusion into the balloting somewhere in April. Word of mouth is about Ballotting in Ramadan, however, Uncomfirmed, yet.

          As things stands now, first round of Ballotting not that far... as far as I know. Precise date, yet to be confirmed.
            149 days ago 

            Imtiaz
            (1295 posts)
            Development work kicks-off at Residencia.

            Pictures: Forwarded as shared. https://www.facebook.com/cbrtownphase2/photos/pcb.1056065547920557/1056065444587234/?type=3&theater
              148 days ago 

              Zarkon Anwa..
              (112 posts)
              Yesterday they balloted CBR RESIDENCIA and results can be seen online on their website.
                146 days ago 

                Zarkon Anwa..
                (112 posts)
                There are some all dues clear files with 8+ lac price tag. They were not included in this balloting. Can someone elaborate that why these files are so cheap and whats their future in terms of investment?
                  145 days ago 

                  Imtiaz
                  (1295 posts)
                  Many of those all dues clear files are files allocated to land owners in return for land being purchased from them. Some of those files have 'Against Land' or some similar stuff written on them to indicate that no matter what happens, file holder will get the land at the end. So that somehow becomes an obligation to deliver but not necessarily a priority to be tackled in first round of Ballotting.

                  Some of them are the ones that are earliest bookings when land was dirt cheap. Now prices have been sky rocketed and 25x45 cost of land is 16 lac+. They may be included in later rounds of Ballotting to somehow make people happy who bought files later at almost double prices. Possible negotiations too with those all dues clear cheap files for more development charges and include them for later Ballotting.

                  ------

                  These are some word of mouth sort of scenarios/discussions but of course not an official stance. Best would be to get better insights by visiting or making a phone call to their office, normally they do entertain well and politely for any queries.
                    145 days ago 

                    Abdul Qayyum
                    (2044 posts)
                    Welcome aboard, Imtiaz Sb!
                      145 days ago 

                      Imtiaz
                      (1295 posts)
                      :)
                        145 days ago 

                        Post Answer (10 Replies)
                        Post Reply
                         
                        Username:
                        Password:
                        Email Basket (0)
                        SEND EMAIL   REMOVE ALL