ProPropertyNewsOPF Town Offers Limited Residential Plots for Overseas Pakistanis

OPF Town Offers Limited Residential Plots for Overseas Pakistanis

LAHORE: The Overseas Pakistani Foundation (OPF) Town has recently launched a limited number of residential plots for overseas Pakistanis on a first-come, first-served basis.

The project is located on Raiwind Road and is adjacent to OPF Greens, only a short drive away from Ring Road.

The advertisement describes this as a “golden opportunity” for overseas Pakistanis to purchase 3.5-, 5-, 6-, and 8-marla residential plots in OPF Town, Lahore.

The plots are available on an 8 quarterly installment plan, with 35% of the total price being required as a down payment.

Moreover, the eligibility criteria for those interested in investing in the project include being a member of the OPF foundation or submitting a bank draft of PKR 2,000 along with a duly filled membership form to get registered with the OPF.

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A non-refundable application processing fee of PKR 10,000 will also be charged.

The OPF Town boasts a variety of attractive features such as an already in-progress development, wide and carpeted road network, spacious parks, a parking area, a commercial area, schools, and a mosque.

Additionally, corner plots or those located on the main boulevard will have an extra charge of 10%. Interested individuals can obtain the application forms from the Housing & Works Division, Estate Management Section, Overseas Pakistanis Foundation, OPF Head Office, Shahrahe-e-Jamhuriat, Sector G-5/2 in Islamabad.

For those interested in purchasing a plot, the following payment schedule applies:

Category Price of plots (PKR) 35% down payment (PKR) Balance payment (PKR) 8 equal quarterly instalments (PKR)
3.55-marla 3,638,750 1,273,563 2,365,188 295,650
5-marla 4,250,000 1,487,500 2,762,500 345,315
6-marla 5,100,000 1,785,000 3,315,000 414,375
8-marla 6,000,000 2,100,000 3,900,000 487,500

 

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