Capital Smart City Islamabad is on the way to become the first smart city of Pakistan. It will have facilities that cannot be found anywhere else. Since its inception, smart cities have won the hearts of investors around the world, and it continues to win.
Capital Smart City is progressing at a very fast pace, and the project will soon be available for residents. However, residents in some blocks have been allotted possession, so they can now build their own houses.
If you are looking for Capital Smart City Development Charges, you have come to the right place. In this blog post, we will look at the requirements and development fees you will need to build your dream home in Capital Smart City.
Since Capital Smart City has started handing out land, only a few plots remain in the inventory. Capital Smart City has a comprehensive structure for land development compensation. The list below will help you understand the different development fees for different sizes of residential plots.
- 5 marla residential plot development charges are 7,50,000 PKR.
- 7 Marla Residential Plot Development charges are PKR 8,50,000.
- Development Charges for 10 Marla Residential Plot is PKR 12,50,000
- Development charges for 12 marla residential plot are PKR 16,00,000
- Development charges for 1 kanal residential plot is PKR 27,50,500.
Development charges for commercial marla plots are as follows:
- 4 marla commercial plot development charges are 22,00,000 PKR.
- 8 Marla Commercial Plot Development charges are 44,00000 PKR.
There is also a reduction in the development charge for 12 marla and 1 kanal plots. After discounting, the development cost of one canal, which is actually Rs 27,50,500, will be Rs 13,75,000. Additionally, early birds who purchase plots first will get a 50% discount on construction.
Investors can get these development concessions only if they demand possession of the land. So, you will get 25% discount on the development fee, and the remaining discount will be available on completion of the property.
Since 1976, The Masters Real Estate & Builders has been the best in the real estate business with superior service. We have assembled a team of experienced real estate experts to give you the best advice. Additionally, we are official sales partners and authorized dealers of Capital Smart City.
If you are struggling with capital smart city development charges, give us a call today. Our professionals are always ready to assist you throughout your journey in real estate. So for all your queries and problems, contact us now!