Bahria Developers, one of Pakistan’s leading real estate developers, has recently issued an important notification regarding possession and utility charges for all their projects across the country. This blog will provide you with the latest update on the upcoming increase in these charges and emphasize the importance of timely payment to avoid additional expenses.
Increase in Possession & Utility Charges:
According to the notification, Bahria Developers have announced an increase in possession and utility charges, which will come into effect from July 31st, 2023. After this date, these charges will be raised by 100%. It is crucial for all individuals who have pending payments to settle them before the deadline to avoid the increased charges.
Previous Increase and the Latest Update:
Previously, Bahria Developers had increased these charges by 50%. However, they have now announced another round of increases, emphasizing the importance of fulfilling financial obligations associated with possession and utility charges.
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Stay Informed with CDB Properties:
CDB Properties, a trusted name in real estate, is committed to keeping investors informed about the latest updates in various projects across Pakistan. If you have pending payments and wish to settle them promptly, you can contact CDB Properties for guidance and assistance.
Conclusion:
As Bahria Developers prepare to implement an increase in possession and utility charges, individuals with pending payments need to take immediate action and clear their dues before July 31st, 2023. Timely payment will help avoid the additional expenses resulting from the increased charges. Stay updated with the latest developments in the real estate industry through CDB Properties, your reliable source for real estate insights and assistance.
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