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Avail Huge Discounts On Installments Projectes In Islamabad Housing Schemes - LRE-Azan - 01-24-2023 05:45 PM
Avail Huge Discounts On Installments Projectes In Islamabad Housing Schemes
As the economy of Pakistan has plunged into recession, real estate investments & related activities have also suffered heavily over the past few months. Due to increasing commodity prices and soaring inflation, the lower-income class can barely meet their monthly expenses, let alone buying properties or paying installments on their files.
Keeping in view the tight economic situation of its members, a few housing schemes in Islamabad & Rawalpindi have introduced some attractive discount offers on their installments. Most people are already aware of the discount offers and availing discounts on their installments, but some odd people might still not know of such offers.
These housing schemes include:
Blue World City
Kingdom Valley
7 Wonders City
Rudn Enclave
Capital Smart City
Nova City
We will explain about each one’s incentive offers on this page so that our followers who are holding files in above schemes can take advantage of the discounts.
Blue World City
Blue World City has introduced Advance Payment Receipts (APR) to facilitate its members. These APR forms can be purchased at discounted price and adjusted in the installments of certain residential files. Additionally, file merging option is also available in the waterfront block in which you can adjust one file into another file of same size.
You save approximately 25% to 30% amount by using APR forms, and about 50% amount by using file merging option, so it is a huge discount offer.
Please note that there is no discount/merging offer available for General Block & Commercial Plots.
Blue World City APR Form
How to Use APR Forms
APR forms can be used only in the following blocks:
Overseas Block
Awami Residential Complex
Sports Valley
If you have a file in above blocks, you can simply buy APR forms from the market at discounted price, and adjust in your files. The society will inform you as to how many APR forms you can use in your file at what value depending on your booking price. Normally APR is adjusted at 25000 up to 30000 depending on blocks.
File Merging is available in the following block:
Waterfront Block
If you own a 6 marla file of waterfront block, you can merge another open 6 marla file to save about 50% cost. Simply buy an open file from market and visit the head office to merge into your file.
Kingdom Valley
Kingdom Valley has introduced Kingdom Discount Forms (KDF) which can be adjusted at full value in your installments. You can buy these KDF forms from market at discounted price and adjust at full value in your installments. You save about 30% amount by using these discount forms, so you must avail this offer.
Kingdom Valley KDF Form
How to use KDF forms
KDF forms can be used in general block residential plots & farmhouse plots only. There is a limit on the number of forms that you can use depending on the size of your plot.
Following is the number of forms that can be used for each size of residential plot:
4 KDF Forms can be adjusted in 5 Marla Plots
6 KDF Forms can be adjusted in 10 Marla Plots
8 KDF Forms can be adjusted in 1 Kanal Plots
10 KDF Forms can be adjusted in 2 Kanal Plots
12 KDF Forms can be adjusted in 4 Kanal Plots
You can simply buy KDF forms from the market at discounted price and fill it appropriately using your file particulars and submit at Kingdom Valley Head Office to avail discount. It is important to verify your KDF forms at the time of purchase in order to avoid risk of fraud.
7 Wonders City
7 Wonders City has introduced Advance Installment Receipts (AIR) which can be adjusted at full value in your installments. Each form value is PKR 25000, which you can buy from market at discounted price and adjust in your active file at full value. You can save about 20% amount by using AIR forms.
7 Wonders City AIR Form
How to Use AIR Forms
It is quite simple to use Air Forms. All you need to do is buy 7 Wonders City AIR Forms at discounted price from market, verify it at the time of purchase, fill it out appropriately and submit at 7 Wonders City Head Office against your installments.
Please note that these discount vouchers can be used to pay up to 50% amount of your residential & commercial plots of general block only. AIR forms discount do not apply on Executive & Gold Blocks. This discount policy is applicable till 31st of January 2023.
Rudn Enclave
Rudn Enclave has introduced Rudn Advance Installment Vouchers (RAIV) which can be adjusted at full value in your installments. You can save up to 20% on your due installments by using discount vouchers.
Rudn Enclave RAIV Voucher
How to Use RAIV Forms
It is quite simple to use Rudn Discount Vouchers. All you have to do is buy verified RAIV forms from market, fill them appropriately using your file particulars and submit at Rudn Enclave Head Office to get your updated statement.
You can use RAIV discount vouchers in Executive & H blocks for up to 75% of plot value, and in General Block for up to 50% of plot value.
Capital Smart City
Capital Smart City has introduced merging of cancelled files in active files/plots. The society had cancelled all residential & commercial files of those members who had failed to pay their installments since their booking, and these files can either get refund from CSC or can be used for adjusted in active files.
Procedure to Avail Discount
The procedure to merge a cancelled file into an active file is quite simple. You can buy cancelled file at some negative price from the market and use it to pay installments of your active file. Seller of cancelled file has to submit an affidavit to allow merging of his file and original file has to be surrendered to the society. The society charges a fee of PKR 1000/- per marla as merging fee.
Nova City
Nova City has introduced merging of Nova Peshawar Forms & open/closed files of Nova City in active files. The society charges nominal merging fee at the time of submission and adjust the full paid amount of a file into the active file.
Nova Peshawar Form can be adjusted at PKR 20,000 per form, whereas the paid amount of merged files is adjusted in active files.
Procedure to Avail Discount
If you want to pay Nova City Installments, you have to follow the given procedure:
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