ISLAMABAD: The grey structure of 680 apartments in the Lifestyle Residency project is in the final phase, according to a senior official of the Federal Government Employees Housing Authority (FGEHA).
The sources also revealed that balloting for the entire lot of 1,148 flats would be held collectively, to minimize any possibility of discrimination among the members.
The official of FGEHA stated, “As soon as civil work on the remaining apartments completes and the units get into physical shape, the FGEHA would hold the balloting ceremony.”
He noted that every member had agreed to the project’s terms and conditions, as stated in the Provisional Offer Letter (POL) that, “in case of any delay in handing over possession of apartment due to unavoidable circumstances, the allottee shall not be entitled to claim compensation from the construction company.”
In response to a question regarding the project’s delay, the official stated that the entire project’s cost unusually increased as a result of the rise in the pricing of construction supplies and assured that the project would be completed soon.
It is relevant to mention here that Lifestyle Residency Islamabad is a high-rise residential apartment project being developed by FGHEHA, the Ministry of Housing and Works, and EHFPRO in sectors G-13/1 and G-13/4.
Earlier, the Federal Secretary, Iftikhar Ali Shallwani, also gave the (FGEHA) the go-ahead to resume and quicken the pace of development work at the Lifestyle Residency Apartments of Lahore.
