The Life Residencia Balloting Announcement
The Life Residencia Balloting: Balloting is one of the critical processes of developing authority and trust-building of any housing society. People can get hold of their plots and see the actual pin location of the property in the housing society.
The latest announcement regarding the plot balloting of The Life Residencia Islamabad comes as another pleasant surprise that the company had in store for its customers.
CEO Win-Win Marketing and Developers Sardar Tahir Mehmood announced the balloting date for society at a grand event held at the site location. The balloting process will take place on November, 25th 2021, and the plot allottees will be notified of the balloting ceremony through invitations.
So mark your calendars for the important day!
The Life Residencia Balloting criteria of plots are the payment status of files:
- Priority will be given to those who have paid the total amount in advance, and they will be given particular category plots, including corners and boulevards.
- The second priority will be given to those who have paid half amount in advance.
- Lastly, those who have paid at least three instalments will be included in the balloting process.
It is recommended to pay at least three instalments as soon as possible to be included in the balloting process, as prices will mainly depend on location after the map is released.
The map of The Life Residencia has been prepared already but has not been made public yet. However, the master plan is available on their website.
Sizes of Residential plots included are:
- 5-Marla,
- 7-Marla,
- 10-Marla,
- 1-Kanal,
- 2-Kanal
- Apart from the residential plots, commercial properties will also be allotted after a massive rise in demand from customers.
The Life Residencia buyback policy:
The Life Residencia has a buyback policy which is one of its unique selling features. It gives investors confidence and makes sure their investment is safe and secure. Furthermore, another big announcement was made. After 1 September 2021,
The Life Residencia will buy your files at three lacs if you do not want to own your file. After 25 September 2021, The Life Residencia will offer a buyback option at three lacs and 25 thousand, and after 1 November 2021, The Life Residencia will buy your file at three lacs 50 thousand.
Analysis:
The news has improved the market prices of files. The plot prices will shoot up post-balloting and will further increase the demand for mid-income buyers as well.
It is not surprising for The Life Residencia Islamabad to have announced an early plot ballot; the housing project has been exceeding expectations in all aspects.
The housing project offers luxurious amenities of an elegant lifestyle:
- Pakistan’s first Oxygen Park.
- Waterfront Villas.
- 210 feet wide Main Boulevard.
- Pisa Tower.
- Dancing fountain.
- The Life Community Club and The Life Bridge.
- Horse riding club.
- WASA standard separate drainage and sewerage lines.
- lush-green gated community.
- and many more.
