Sunday, December 13, 2015

New Plot Booking in Islamabad Zone V Senate Housing Society

New plot bookings in Islamabad Zone V are available at very attractive pricing for investors. Senate Housing Society on Japan Road of Zone V of Islamabad has announced the launch of two new blocks.

Senate Housing Society was first registered in 1996. The society became victim to corruption and members failed to get the plots that they were promised. A special Senate committee established a new management body of Senate Housing Society and tasked it to develop the area by the soonest.

Dildar Fani, the new President of Senate Housing Society, has vigorously settled all pending matters of the stalled project. Road access for the society hadn't been obtained by the previous management. Fani signed a deal with Fazal Rabi Enterprises to grant road access to Senate Housing Society. Under the agreement, Fazal Rabi would acquire and merge new lands to Senate Housing Society to link it to Japan Road. Rabi Group was tasked to develop these lands and market them as two new blocks of Senate Housing.

This is an excellent investment opportunity for investors who are looking to purchase a plot in an affordable price in Islamabad Zone V. The society is linked to Islamabad Expressway via Japan Road. There are plans to upgrade Islamabad Expressway to a 7-lane super highway. This will have a very positive impact on the new bookings.

The new bookings are currently available at Rs 12,50,000. However, interested applicants only need to pay a downpayment of Rs 375,000 while the remaining amount is payable as 6 quarterly installments of Rs 145,833, making it a 1.5 year payment plan in total. Possession will be granted to plot owners in 1 year.


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