Capital Smart City Overseas Central Balloting
Capital Smart City has announced the overseas central (Ex Overseas 2) balloting that will be held in February 2022. The possession will start from the last quarter of 2022. This balloting includes both residential and commercial plots.
This is a great news for overseas central investors and buyers. CSC always fulfills its promises and maintains the trust of its clients. However, this is a remarkable step towards the fast delivery of the project. A letter by Future Development Holdings has been issued containing all the details regarding the ballot announcement, procedure, terms, and conditions. Hence, the developers have taken this decision despite the fast pace of development going on in Capital Smart City. A large number of machines, equipment, and labor are rapidly working in overseas executive and all other CSC blocks.
Capital Smart City Islamabad is the first smart city in Pakistan ideally located on M-2 Motorway, at the connecting points of Rawalpindi and Islamabad. The latest infrastructure, smart technologies, features, financial spaces, and eco-friendly environment make it a hot living and investment destination not only for local investors but also for overseas investors. After the plots balloting, the process of plot balloting will start in the last quarter of 2022.
The management has announced the overseas central balloting event to be held in February 2022. Hence, the following terms and conditions will be applied with the plot ballot. The clients who have paid 100% payment will have the opportunity to choose the plot location on the map. Moreover, the investors who have paid 40% and 50% payments can also select plot location. But they must pay the remaining installments before 11th December 2021.
The plot selection process will start from January 2022 on a first come first serve basis. Those who made bookings after 1st July 2018 to 31st December 2019 have to pay all their installments before 30th November 2021 to be a part of the balloting. People who booked plots after 1st January 2021 and pay 40%, 50%, and 100% payments will also be eligible to choose plot location on the map. Blocked files of 2018 and 2019 must clear all their due to participate in the balloting. The acknowledgment receipts confirming you as a participant in balloting will be started issuing from 15th November 2021. Overseas Capital possession will start from the last quarter of 2022.
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