Lahore: Overseas Pakistani Foundation (OPF) Town has launched limited residential plots for overseas Pakistanis on a first-come, first-served basis, as per an advert published in the national dailies on March 16. The said project is located on Raiwind Road and lies adjacent to OPF Greens at a short driving distance from Ring Road.
Read: NA body for resolution of OPF Housing Scheme’s issues
The advert terms it as a ‘Golden Opportunity’ for overseas Pakistanis to get 3.5-, 5-, 6- and 8-marla residential plots in the OPF Town, Lahore on 8 quarterly installments, where 35% of the total price has to be paid as down payment.
The eligibility criteria for interested investors is as follows:
• OPF Members – Overseas Pakistanis who are members of the foundation
• Overseas Pakistanis – Those who are not members of OPF will need to submit a bank draft of PKR 2,000 and a duly filled membership form to get registered with OPF and become eligible for applying for the plots
Moreover, a non-refundable application processing fee of PKR 10,000 will be charged. The OPF Town comes with salient features like:
• Development work already in progress
• Wide and carpeted road network
• Spacious parks
• Parking area
• Commercial area
• Schools & mosque
Read: OPF Valley Phase V: Authorities directed to resolve affectees’ woes
Payment Schedule for OPF Town
|Category||Price of plots (PKR)||35% down payment (PKR)||Balance payment (PKR)||8 equal quarterly instalments (PKR)|
It was highlighted that 10% extra will be charged for corner plots or plots on the main boulevard. The application forms are available at Housing & Works Division, Estate Management Section, Overseas Pakistanis Foundation, OPF Head Office, Shahrahe-e-Jamhuriat, Sector G-5/2 in Islamabad.