Silver City Housing Scheme Announces Development Charges Revision 2025

This announcement provides crucial information to all esteemed members and dealers of Silver City Housing Scheme regarding an adjustment to development charges.

Key Points:

• Extension of Previous Notification: Due to strong requests from dealers and partners, the deadline mentioned in the previous notification dated January 1st, 2025, has been extended to January 31st, 2025.
• Revised Development Charges: Effective February 1st, 2025, the development charges will be revised from PKR 125,000 per Marla to PKR 175,000 per Marla.
• Urgent Call to Action: All members are strongly encouraged to pay their plot’s development charges before February 1st, 2025, to benefit from the current rate of PKR 125,000 per Marla. This allows members to save significantly before the new rates take effect.

What This Means for Silver City Members:

This update means that if you own a plot in Silver City Housing Scheme, it is financially advantageous to pay your development charges before the end of January 2025. By doing so, you will avoid the increased rate of PKR 175,000 per Marla and save PKR 50,000 per Marla.

Example:

If you own a 5 Marla plot, paying before February 1st, 2025, will cost you PKR 625,000 (5 Marla x PKR 125,000). However, if you pay after February 1st, 2025, the cost will be PKR 875,000 (5 Marla x PKR 175,000). This represents a saving of PKR 250,000 by paying before the deadline.

Silver City Housing Scheme urges all members to take advantage of this opportunity and clear their development charges before the deadline of January 31st, 2025. This will ensure they benefit from the current, lower rate. For further inquiries or assistance with payments, members are advised to contact the Silver City Housing Scheme administration.