Getting possession of your property in Bahria Town is a significant milestone. However, along with this key step comes the responsibility of paying possession charges. These charges, determined by Bahria Town, are essential for the seamless transition of property ownership. It’s crucial to understand the dynamics of these charges to ensure a smooth process.
Dynamic Utility Charges
Utility charges are another aspect that Bahria Town residents need to be aware of. These charges cover the usage of various facilities provided by Bahria Town. From community services to maintenance, these charges contribute to the overall functionality of the township.
Evolution of Charges in 2022 and 2023
In 2022, Bahria Town issued monthly notices indicating a 20% increase in possession and utility charges. However, in 2023, this increment surged to 50%. The increments were communicated through official notifications by Bahria Town’s head office.
Deadline Extension – Good News
Recognizing the challenges investors faced, Bahria Town recently extended the deadline for submitting possession and utility charges. Initially set for October 31, 2023, the new deadline is now December 31, 2023. This extension provides investors with an additional window of time to settle their pending charges.
Benefits of Timely Payments
Investors who seize this opportunity and pay their dues before the deadline enjoy a significant advantage. After December 31, 2023, the charges will experience a twofold increase. Timely payments not only save costs but also ensure a hassle-free continuation of enjoying Bahria Town’s amenities.
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Project Insights: A Glimpse into Bahria Developers’ Offerings
Bahria Developers, with their flagship projects like Bahria Town Lahore, Bahria Orchard Lahore, Bahria Nasheman, and Bahria EMC, continue to shape the real estate landscape. For a 5-marla plot in any Bahria project, the current possession and utility charges stand at 440,000. This amount will double after December 31, 2023.
Act Now, Save More
In light of the deadline extension, investors are urged to seize this opportunity and settle their pending possession and utility charges before December 31, 2023. For further details and assistance, don’t hesitate to contact CDB Properties. Your proactive approach today secures your investment and paves the way for a seamless Bahria Town experience.
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