Lubaba Residency 16
Lubaba Residency 16
Lubaba Residency 16
PUBLIC NOTICE
The Project consists of (For Ground Floor (Parking) + 1st Floor(Flats & Part
Recreation) + 2nd to 7th upper Floors (Flats) only. As per approved No. KBCA/DCB-
New Karachi/2008/143/L, dated: 12.05.2008.
Proposed date of completion: 30-11-2012.
Architect: Mr. Saleh Saleem, (Lic. No. Al-01-581).
Structural Engineer: Mr. Aziz Ahmed (Lic. No. SE-06-24).
Note:-
- Above mentioned prices does not includes documentation / Utilities Connection Charges/
Floor, Corner, Road Facing Charges etc. Extra Charges will be as followed:
- Documents Charges as per Clause 5-1 of KB&TPR-2002-2007.
- Corner Charges = 2% of Unit Price.
- West Open Charges = 2% of Unit Price.
- Road Facing Charges = 1% of Unit Price.
- Payment should be made to the builder strictly in accordance with the following schedule
of payment based on stage of construction at site through pay order / cheque.
S.No. Stage of Construction Installment
1 On Booking 5%
2 On Allocation 5%
3 On completion of Plinth of concerned Block. 5%
4 On casting of Column of concerned Block 5%
5 On cast of Roof Slab of concerned Floor 5%
6 On completion of Block Mesonary of concerned Unit 5%
7 On completion of Sanitary & Plumbing work of concerned Unit 5%
8 On completion of Plaster of concerned Unit 5%
9 On completion of Finishing of the concerned Unit 10%
10 On Possession. 10%
11 Balance 40% in Equal quarterly installments. 40%
KBCA further advises General public to sign a written agreement with the Builder /
Developer at the time of booking on Rs.20/- Stamp Paper in accordance with MODEL
AGREEMENT of KBCA as per Clause (4), Section 12 of SBCO-1979 upto date, within
30 days of booking of unit and before issuance of allocation letter. The Agreement will
be got counter signed / witnessed by the Authorized Officer of the Authority within 15
days, other wise builder will not allowed to collect further payment / installments as per
approved scheduled of payment otherwise KBCA will not act an arbitrator in any dispute
between the Builder / Developer and Allottee.
Copy of MODEL AGREEMENT may be obtained from Designed Section, KBCA Civic
Centre, 4th Floor, Annexe Building.