Tuesday, December 15, 2015

Senate Housing Society: Plot Booking Open in New Blocks of SSECHS

Senate Housing Society is currently a major development happening in Zone V of Islamabad. The society has finally started reviving after a long pause. The old society management was found involved in corruption and fund embezzlement. CDA also hampered development of the Senate Secretariat Employees Cooperative Housing Society (SSECHS) on the ground that it lacked proper road access.

A special committee was established by the Senate of Pakistan. Under the committee, the old management of the society was handed over the NAB for prosecution. The society is now managed by a new team under Dildar Fani. Fani, the president of Senate Housing Society, has been very actively over the past few years in reviving the Senate Housing Society.

Currently, CDA's objection of lack of road access has been removed by joining hands with Fazal e Rabi group in a project that will oversee the development of two new blocks in Senate Housing Society while merging it with the main Japan Road that starts from Islamabad Expressway after Naval Anchorage housing society. In its Annual General Meeting held in November, 2015, the society management observed that they had also signed an NOC with Gulberg Islamabad for granting alternative road access to Senate Housing Society.

Gulberg Islamabad is another major development in Zone V of Islamabad. It was advertised heavily, and new bookings were introduced at very attractive rates. The property has appreciated significantly in the past 2 to 3 years.

The two new blocks of Senate Housing Society offer great investment potential. If you want to earn decent returns from a safe and stable project, you should seriously consider booking a plot in the new booking announced by Senate Housing Society. 7-marla plots are being developed in the two blocks at the introductory prices of Rs 12,50,000 payable in 6 quarterly installments. The down payment that must be paid at the time of booking is Rs 375,000 while the installment is worth Rs 145,833.

To connect with an official and authorized consultant of Senate Housing Society, please don't hesitate in contacting us.

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