Capital Smart City Grand Balloting 2024 Results
Capital Smart City has officially announced its next Grand Ballot scheduled for December 7th, 2024. This announcement is pivotal for all members and investors as it details the ballot criteria, the selection process, and timelines for different blocks, including Executive West, Overseas Prime II, and Overseas West blocks. Below is a structured summary of the key points, including the slab-wise prioritization based on the percentage of installments paid
Key Details in CSC Balloting Annoucement
- Balloting Dates: The balloting process will take place in multiple phases, starting from October 18, 2024, and continuing through December 7, 2024.
- Balloting Criteria: The selection of plots will be based on the percentage of installments paid by investors, with higher payment percentages receiving priority.
- Overseas West Block Adjustments: The balloting schedule for Overseas West Block has been adjusted to include members from the Overseas Central (Ex-Overseas 2) block.
Balloting Schedule Breakdown
Executive West Block Balloting
Eligibility: Members of Sector D to J and Executive-I shifted to Executive West Block.
| Installment Paid (%) | Acknowledgment Receipt Issuance | Plot Selection Dates | Slab |
|---|---|---|---|
| 100% | September 2nd – 12th, 2024 | October 18th – 26th, 2024 | Slab 1 |
| 81% – 99% | September 13th – 30th, 2024 | October 28th – November 9th, 2024 | Slab 2 |
| 61% – 80% | September 13th – 30th, 2024 | November 11th – 18th, 2024 | Slab 3 |
| 51% – 60% | September 13th – 30th, 2024 | November 19th – 30th, 2024 | Slab 4 |
| 35% – 50% | September 13th – 30th, 2024 | December 7th, 2024 | General Ballot |
Overseas Prime II Block Balloting
Eligibility: All members of Overseas Prime II Block.
| Installment Paid (%) | Acknowledgment Receipt Issuance | Plot Selection Dates | Slab |
|---|---|---|---|
| 100% | September 2nd – 12th, 2024 | October 18th – 26th, 2024 | Slab 1 |
| 75% – 99% | September 13th – 30th, 2024 | October 28th – November 9th, 2024 | Slab 2 |
| 55% – 74% | September 13th – 30th, 2024 | November 11th – 18th, 2024 | Slab 3 |
| 40% | September 13th – 30th, 2024 | December 7th, 2024 | General Ballot |
Overseas West Block (New Bookings)
Eligibility: Adjustment of balloted and non-balloted bookings for members of Overseas including Hold Area (East, Central & Prime One) to Overseas West.
| Installment Paid (%) | Acknowledgment Receipt Issuance | Plot Selection Dates | Slab |
|---|---|---|---|
| 100% | September 2nd – 12th, 2024 | October 18th – 26th, 2024 | Slab 1 |
| 81% – 99% | September 13th – 30th, 2024 | October 28th – November 9th, 2024 | Slab 2 |
| 61% – 80% | September 13th – 30th, 2024 | November 11th – 18th, 2024 | Slab 3 |
| 51% – 60% | September 13th – 30th, 2024 | November 19th – 30th, 2024 | Slab 4 |
| 35% – 50% | September 13th – 30th, 2024 | December 7th, 2024 | General Ballot |
Important Notes:
Compliance with Timeline: All members must adhere to the timeline for acknowledgment receipts and participation in the ballot. Non-compliance will result in the property’s cancellation, with a refund issued within 12 months, subject to a 25% deduction of the paid amount.
Plot Selection: The plot selection process is based on the percentage of installments paid, and those with higher payment percentages will be given priority during the ballot process.
