25
Mar

Gulberg Residencia Commercial Plots Selling Through Secret Bidding

Islamabad: Intelligence Bureau Employee's Cooperative Housing Society (IBECHS) has just announced selling of premium commercial properties at the Gulberg Residencia Islamabad through a secret bidding system.


Last year, the society managed to sell a few commercial plots at D Markaz through the same bidding process. Now on the plots, commercial plazas are built that are being offered for acquisition. IBECHS has invited interested bidders to bid against the available plot numbers and the last data announced to apply for bidding is 1st April 2019.

Many developed commercial plots are being offered in the various commercial locations during this bidding. The areas include D Markaz, C Markaz, Blue Area, Block F and Block I. The society has already mentioned the minimum bidding rates per square yards that are for each type of commercial plots, therefore no one can bid less than the mentioned criteria. But the truth is, the higher you bid, the better chances you have to get the plot for yourself.

Gulberg Residencia commercial plot sizes are as follows:

Location: D Markaz

  • Available Plot Sizes: 87.6×96, 80×80, 50×50, etc
  • Floor Area Ratio: 1:5
  • Minimum Bid Announced: PKR 170,000/- Per Square Yard

Location: C Markaz

  • Available Plot Size: 35×35
  • LG+G+3 or G+4
  • Minimum Bid Announced: PKR 150,000/- Per Square Yard

Location: Blue Area

  • Available Plot Size: 200×200
  • Floor Area Ratio: 1:5
  • Minimum Bid Announced: PKR 170,000/- Per Square Yard

Location: Class III Center F & I Block

  • Available Plot Sizes: 30×35, 30×30
  • LG+G+1
  • Minimum Bid Announced: PKR 80,000/- Per Square Yard

 

For the availability of the application forms, reach out to the Head Office of Gulberg Islamabad at the Business Park Commercial, Gulberg Greens Islamabad. For the ease in choosing your desired plot, the number of the plots along with the sizes are clearly mentioned in the form. Since the last date of form submission is on 1st April 2019, get your pay order for the token money in the favor of IBECHS Islamabad.

  • Token Money for D Markaz Plots: PKR 2,500,000
  • Token Money for Blue Area Plots: PKR 5,000,000
  • Token Money for C, F and I Commercials: PKR 1,500,000

 

In case of successful bidding, the bidder is required to pay 25% of the total amount as the down payment whereas the remaining amount can be paid in installments within the next 3 years. This opportunity is perfect for the builders as the commercial plots are not just fully developed, but are also ready for possession and construction.