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Faisal town Phase2 File Merging Policy

All procedures related to the file merging process in Faisal Town Phase 2 will adhere to the recently established regulations, as approved during the official board meeting in July 2023. It’s worth noting that these updated policies have been in effect since August 2023.

The file merging process for Faisal Town Phase 2 will be governed by the specified guidelines. It’s crucial to emphasize that the new policy is now in full effect.

Faisal Town Phase 2 File New Merging Policies

Faisal Town Phase 2 new merger policy

Rebate

  • You can combine one or two files without incurring any service charges once the rebate has been withdrawn.
  • If you have more than five files or fewer than or equal to five files, a service fee of 5% of the paid amount will apply after the rebate is withdrawn.
  • For 6 to 8 files with rebates, a service charge of 10% of the total paid amount will be subtracted after the rebate has been withdrawn.

Read Also: 5 Major Benefits of Investing in Faisal Town

No-Rebate

  • You can merge one or two files without any rebates, but there will be a service fee of 5% of the total paid amount.
  • If you have 3 to 5 files, a service charge of 10% of the total paid amount will apply.
  • For 8 to 10 files, you will need to pay a service charge of 15% of the paid amount.

Faisal Residencia File Merging Cases

The following new policies will become effective starting from September 1, 2023:

  • For 5 files, members will be required to pay a processing fee equal to the transfer fee based on the plot size.
  • In the case of 8 files, members will be charged a processing fee equal to twice the transfer fee.

Read Also: The Psychology of Real Estate Buyers

Escalation Charges Facilitation

  • Members paying escalation charges in cash will receive facilitation from the housing venture’s management.
  • Escalation charges will be facilitated for file merging in accordance with members’ cases.
  • Members making complete payments for file merging will receive a 5% discount facilitated by the management.

Faisal Town Phase 2

Residing in Faisal Town fulfils the dreams of many. With its exceptional infrastructure and lavish amenities, this city has rapidly emerged as a highly sought-after residential destination in the nation. Faisal Town Phase 2’s architectural evolution incorporates community input, green initiatives, and innovative concepts. Striking designs and architectural excellence form the foundation of this housing venture, positioning the entire project for potential success at the pinnacle of Pakistan’s real estate market.

Faisal Town stands as an exceptional housing community created by Chaudhry Abdul Majeed and Zedem International. It boasts a prime location in proximity to the Thalian Interchange, neighboring Capital Smart City.

Keep following Real Land Management for the most recent updates on top housing projects!

editor

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