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Residential Schemes discussions and advice
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Arshad
Senior Authority
( 765 posts )
Name:
Arshad
Rank:
Senior Authority
Total posts:
765
Thanked:
489 Times
National Co-operative Housing Society (Ex Aiwan E Sadr)
[28 Replies]
What is the situation of this housing society located close to DHA 2 Extension and Naval Anchorage? I understand that it is due for balloting soon and tender FPOR work has been advertised and should be awarded soon.
2554 days ago In
Residential Schemes
Post Answer
0
3
National Co-operative Housing Society (Ex Aiwan E Sadr)
2
Bilal
Expert Contributor
(273 posts)
Anybody got latest info regarding status of the society?
2475 days ago
1
0
Hamza Asif
Senior Authority
(829 posts)
I have personally visited that place but not a good response from that side. As we have discussed before that management is not serious and providing right information. You will have to wait for some more time.
Http://www.ameradnan.com
2474 days ago
0
0
Taimour
Beginner
(2 posts)
Society has been in problems since 2004 as different groups were trying to grab control of the society. After last elections in 2013 a very proactive and strong management body has taken control. Since then, they have purchased additional land and secured sufficient funds through collection of installments to start development work.
My insider report says that NOC will be obtained in a few weeks. Society is also preparing for balloting probably after the NOC.
In my view if real estate market is not going to slow down, it is a very good small investment as you dont need to pay total cost of land upfront. Transfers are possible with down payment and two installments.
2465 days ago
0
2
Arshad
Senior Authority
(765 posts)
I have heard that they have built a site office at the land and are waiting for electricity connection and then will shift their office from Islamabad G6 to site. However I don't think that NOC will be acquired as mentioned above. Need to some development on the ground or NOC before investment.
2460 days ago
0
0
Taimour
Beginner
(2 posts)
I dont think that main office shifting is on the cards. That will take a while. You are right we need to see some development or NOC before investment but then prices will not remain the same with any of the news.
Frankly if a possible long wait is not a factor, getting 1 kanal for 570,000 + some profit is a steal in an area where 1 kanal open land is worth more than 20 lac.
2460 days ago
0
0
Bilal
Expert Contributor
(273 posts)
I have heard they got clearance from revenue department.The CDA potwari has marked their land and aprx in 1 month or so they will get NOC...
2460 days ago
0
0
Arshad
Senior Authority
(765 posts)
Any further news?
2419 days ago
0
0
Bilal
Expert Contributor
(273 posts)
I called the society yesterday and the same news NOC is coming soon nobody knows when....
2418 days ago
0
0
Arshad
Senior Authority
(765 posts)
Any further update on the NOC?
2158 days ago
0
0
Raja Asim Wa..
Beginner
(1 post)
Can anybody tel me more about this Society.
1804 days ago
0
0
Post Answer
(28 Replies)
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Name:
arshad
Rank:
Senior Authority
Total posts:
765
Thanked:
489 Times
Name:
Bilal
Rank:
Expert Contributor
Total posts:
273
Thanked:
71 Times
Name:
Hamza Asif
Rank:
Senior Authority
Total posts:
829
Thanked:
123 Times
Name:
Taimour
Rank:
Beginner
Total posts:
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Thanked:
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Name:
Raja Asim Waqar
Rank:
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Total posts:
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