Faisal Town Phase 2 Balloting Event
On July 15, 2024, Faisal Town Phase 2 held a significant balloting event, attended by a select group of invitees, including notable figures and prospective property owners. Chaudhry Abdul Majeed, during his address, unveiled several noteworthy announcements, enhancing the excitement and prospects for future residents and investors.
Here’s a breakdown of the key takeaways from the Faisal Town Phase 2 balloting:
- Balloting for All Categories: The event saw the balloting of plots for both general and overseas blocks, covering all three categories. This ensures transparency and fair allocation of plots to deserving members.
- Possession Timeline: Abdul Majeed announced that possession of the plots will be granted within two years. This development is expected to double the plot prices, offering significant returns on investment.
Checking the Balloted Status of Faisal Town Ph 2 Plots :
To check the status of your balloted plot, send a text message with “FT (registration #)” to 9905. Additionally, the balloted plot map is available on the Faisal Town Phase 2 website for detailed viewing.
Balloted Plot Map Available: For a visual representation of allocated plots, head to the Faisal Town Phase 2 website to access the official plot map.
Anticipated Price Increase: This news coincides with an anticipated doubling of plot prices after the possession handover.
Advantages for FT Ph II Members:
- Multiple Plots in Same Lane: Members owning multiple plots can request to have them allocated in the same lane, providing convenience and coherence in property management.
- Immediate Plot Number Allocation: Members who make full payments or pay at least seven installments for plots in G Block or three installments in the Overseas Block will receive their plot numbers immediately.
- Competitive Advantage: When compared to neighboring DHA Phase 9, Faisal Town Phase 2 offers a clear advantage. For instance, the price of a 5 marla plot in DHA Phase 9 is around 50 lakh, whereas Faisal Town promises a more competitive pricing structure.
- Fast-Track Plot Allocation: For those who are eager to receive their plot numbers sooner rather than later, there’s a solution! You can immediately receive your plot number by clearing all outstanding dues or completing 3 installments in the Overseas Block.
After that, balloting will be on a first-come, first-served basis
Project Statistics:
- Total Number of Plots: 70,492
- 5 Marla Plots: 32,000
- 8 Marla Plots: 15,000
- 10 Marla Plots: 9,900
- 1 Kanal Plots: Information not yet available
- 2 Kanal Plots: 2,390
- Parks: 160
- Mosques: 80
- Schools: 64
- Golf Stadiums: 2
- Fuel Stations: 6
- Hospitals: 4
Important Note: The balloted plots and plot numbers represent actual land owned by Faisal Town, not just plots marked on a map. Additionally, the project boasts direct access from the Thilan Interchange, adding to its convenience.