Park Enclave Housing – Overseas Pakistanis Application Form

Park Enclave Housing Islamabad – First ever housing scheme with 60% area reserved for natural landscaping
Matchless Facilities!
Gated Community with Bio and Face Recognition Access at central gate
Wide Streets and 150 ft Main Boulevards
Underground Electricity & Sui Gas System
24 x 7 Potable Drinking Water
Efficient Drainage and Sewerage System
Soild Waste Management System
Positive Energy Waste Treatment Plant
Treated Effluent for Gardening and Road Washing
Rainwater Harvesting for Flushing Toilets
Broadband Optical Fiber Network
Lakes and Water Bodies in different areas
Open Air Restaurants with Lake and Walking Tracks
Lush Green Parks, Children Play Land
Cricket Stadium with Athletic Tracks
Sports Grounds with Jogging Tracks
Club House (Swimming pool, Squash, Tennis and Badminton courts and Gym etc)
School, Mosque and Zero or low Emission Houses
Offering lifestyle even better than the posh sectors of Islamabad

Location:
Just 4KM away from Islamabad Club
Located near Chak Shehzad of intersection Park Road & Kurri Road
Convenient access from Kashmir Highway, Lehrar Road and Islamabad Highway

Application Procedure:
Applications on original forms will only be entertained which are available with this brochure.
Applications must be accompanied with an upfront payment equal to the 10% of the cost of the plot (refundable) and a processing fee of Rs. 5000/- (non refundable) in shape of crossed pay order/bank draft issued in favour of Capital Development Authority, Islamabad along with an attested copy of CNIC and a photograph (size: 3.5 x 3.5 cm) of the applicant.
Applicant must mention his/her name and application number on the back of the pay order/bank draft.
Application received without upfront payment and processing fee will not be entertained.
Applications should be submitted at designated branches of MCB and Askari Bank Ltd latest by 30 July, 2011.

Download Application Form  Overseas Pakistanis may download Application Form here

Application Procedure for Overseas Pakistanis:
Appilcation on downloaded Application Form from CDA’s website will be acceptable.
Duly filled application form along with Demand Draft in Foreign Currency or Pak Rupees issued by any Bank in the Favor of Park Enclave CDA drawn on any Bank in Pakistan should be submitted with Habib Bank Limited.
Only one demand draft is required for full amount i.e. brochure fee Rs.1000/-, processing fee Rs.5000/- and down payment equal to 10% of the cost of the plot (refundable).
Keeping in view Foreign Exchange Rate Risk, Capital Development Authority has determined Foreign Exchange Currency Rate fixed against Pak Rupees as:

1 US$ = PKR 85.00
1 GBP = PKR 136.90
1 Euro = PKR 120.70

Price of Residential Plot: Rs. 12,000,000/-

Measurement of Plot:  500 sq.yd.  Size (50×90) & (75×60)

Only 10% down payment

Payment Schedule:
Allotment of the plot will be made through transparent computerized balloting
10% upfront payment at the time of submission of application form
15% within (1) one month of the date of issuance of allotment letter
15% within (4) four months of the date of issuance of allotment letter
15% within (7) seven months of the date of issuance of allotment letter
15% within (10) ten months of the date of issuance of allotment letter
15% within (13) thirteen months of the date of issuance of allotment letter
15% within (16) sixteen months of the date of issuance of allotment letter or at the time of handing over of possession (whichever is later)
In case anyone is interested in paying the full amount of the plot, net rebate of 5% would be given to him.

Last Date to Apply 30th July 2011

Refund to Unsuccessful Applicants:
Refund to the unsuccessful applicants will be paid in Pakistani currency after the completion of balloting process
Refund shall be made through the designated branch of the bank where the application was submitted
Refund will be paid in form of cross pay order/bank draft on surrender of original receipt
Refund pay order/bank draft shall be crossed as “Payee Account Only” and marked as “ Non Transferable”

Refund to Unsuccessful Overseas Applicants:
Refund to the un-successful overseas applicants will be paid in Pakistani Currency after the completion of balloting process
Refund shall be made through the designated branch of the bank where the application was submitted
Refund will be paid in form of cross bank draft on surrender of original receipt
Refund bank draft shall be crossed as “Payee Account Only” and marked as “Non Transferable”

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