We will discuss all about the 2nd Kingdom Valley Balloting in this informative blog post. You will read about the 2nd balloting date of the Kingdom Valley Islamabad, Payment criteria, KDF discount policy for General Block files, the Development status, and other details.
Therefore, continue reading if you have invested in the Kingdom Valley Islamabad.
Payment Criteria for Kingdom Valley Balloting
The administration of the Kingdom Valley Islamabad has announced the 2nd balloting for the General and Executive Blocks of the society. The 2nd balloting date of the Kingdom Valley Islamabad is August 14, 2024. The 1st balloting of the society was in August 2024. In this balloting, you will get the plot number and possession for the plots.
The 75% payment of the cost of the land is a qualification criterion for the balloting. You can avail discount on installment payment. You can read the details of the discount in subsequent lines.
KDF Discount in Kingdom Valley Balloting
If you want to pay installments for participation in the 2nd Balloting of Kingdom Valley Islamabad, you can avail the KDF forms. The Kingdom Valley Discount Form (KDF) gives you a fixed percentage of discount upon installment payment.
For example, If you pay an installment of 80,000/- Rupees through KDF. It will be 100,000/- Rupees in your payment ledger. The KDF holds a different value for different sizes of plots. However, you will get at least a 5000/- PKR discount for each form. Here is the chart for available discounts through KDF forms for different sizes of plots.
Plot Size
|
Number of Forms |
Actual value of form (PKR) |
Considered value of form (PKR)
|
3.5 Marla
|
04 |
80,000/- |
100,000/- |
4 Marla
|
04 |
80,000/- |
100,000/- |
5 Marla
|
04 |
80,000/- |
100,000/- |
8 Marla
|
06 |
120,000/- |
150,000/- |
10 Marla
|
06 |
120,000/- |
150,000/- |
01 Kanal
|
08 |
160,000/- |
200,000/- |
02 Kanal
|
10 |
200,000/- | 250,000/- |
04 Kanal
|
10 |
200,000/- |
250,000/- |
08 Kanal
|
12 |
240,000/- |
300,000/- |
Note :
The KDF offer is available only for the members of General Block. The Executive Block files do not qualify for this discount offer.
About the Development work
In 2024, the Kingdom Valley Islamabad has undergone tremendous activity for infrastructural development work. The main gate and the inter-society main roads are complete and open for visitors. The construction work for Jamia Mosque is underway. Moreover, the Model Villas are ready for possession. The development work for other amenities and facilities is going through full pace.
Therefore, all the basic facilities and amenities will be available for the residents by the end of 2024.
NOC status of the society
The Kingdom Valley Islamabad has a valid No-Objection Certificate (NOC) from the Punjab Housing and Town Planning Agency (PHATA). Therefore, you can pay the balloting installments with confidence.
Contact for installment payment and information
For payment of development charges and other details of the Kingdom Valley Islamabad, you can reach out to us via :
Our Email address: Info@propertynaama.com
Oversees Clients (For Call Only):
UAN: +92 332 7777888
Overseas and Domestic Clients (For WhatsApp):
WhatsApp: 0331 0105531