Limited Blue World City Balloted Plots for Sale

by | Dec 31, 2020 | News and Updates, Real Estate Tips

Blue World City is a highly coveted housing project in the Islamabad real estate market. There’s some good news for investors in the Blue World City balloted plots for sale are now available. The fact that it offers luxurious residential and commercial complexes at extremely affordable prices, coupled with the state-of-the-art facilities the project has to offer, it’s no surprise that this society is so closely watched by real estate investors in Islamabad.

Read on to find out more information on Blue World City balloted plots for sale, its payment plan as well as the booking, balloting and possession procedure.

Blue World City Payment Plan

Blue World City Payment Plan

Blue World City Islamabad offers a wide array of plot cuttings to its investors. The 4-year payment plans for residential plots are as follows:

  • 5 marla plots for Rs 1,290,000/-
  • 8 marla plots for Rs 1,600,000/-
  • 10 marla plots for Rs 2,000,000/-
  • 1 kanal for Rs 3,000,000/-
  • 2 kanal for 4,500,000/-

To make things easy for its investors, the housing project allows for a 15% down payment along with 40 monthly installments.

Find the Blue World City payment plan for overseas block below:

  • 7-marla plots cost PKR 1,36,000/-,
  • 10-marla plots cost PKR 1,90,500/-,
  • 1-kanal plots cost PKR 3,50,000/-,
  • Lastly, 2-kanal plots cost 5,60,000/-

For more details contact our expert agent at Makeen Marketing.

Booking Process for Blue World City

Booking Process for Blue World City

Eager to find out how to get your Blue World City balloted plots for sale? The book process is quite simple and straightforward.

To book your plot in this highly coveted society, you must submit the following documents to the housing project’s administration:

  • 2 passport-sized photos of yourself,
  • A copy of your CNIC
  • A CNIC copy of your next of kin. This person will inherit your asset in the event of your passing on.
  • You must bring a receipt of the down payment. This could be paid via cash, bank transfer or a money order.
  • If you are an overseas client, you must submit 2 copies of your Overseas National Identity Card.

Must read: Reasons to Invest in Blue World City Islamabad

Up until now, rumors surrounding Blue World City were that the housing society was not offering balloted plots. This adversely affected not only the reputation of this esteemed project, but as a result created an air of uncertainty around it. Recently, Blue World City has finally laid these rumors to rest; not only have they made balloted plots available to investors but have also moved on to the more crucial step of handing out plot possession.

Balloted Process

Balloted Process

In the Pakistani real estate market, there are two types of ballots: booking and plot ballots. A booking ballot is issued when a project is offered on installments which balloting refers to when an allot draws a number. This number will be allocated to the allottee against its file.

Possession Procedure

Possession is the transfer of ownership of a property to a new owner. This could be a transfer from the housing society or from another, previous, owner. Once this is done, a possession letter is issued to corroborate the transfer of property.

However, this is not the only sufficient document indicating legal possession— you must also apply for an Occupancy Certificate.

The possession process takes place after the balloting procedure and in the case of Blue World City, possession is being offered for the following blocks:

  • General Block (in Jan 2021)
  • Overseas Block (in June 2021)

Looking for a trusty and reliable real estate firm for more details on Blue World City balloted plots for sale? head to Makeen Marketing. Not only will you find useful information on Blue World City balloted plots for sale but will also find expert knowledge on other projects we are dealing in for example Park View City, Concept Heights as well as Islamabad Model Town among others.

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