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NFC-ECHSL Phase-II Payment Schedule

Description Due Date
Of Payment
1-Kanal 10-Marla 5-Marla
         
M/Ship Fee --- 500 500 500
Booking Fee --- 30000 20000 10000
Sub Total --- 30500 20500 10500
Land Money (Tentative)        
1st Inst. 31/03/03 50000 25000 12500
2nd Inst. 30/06/03 50000 25000 12500
3rd Inst. 30/09/03 50000 25000 12500
4th Inst. 31/12/03 50000 25000 12500
5th Inst. 31/03/04 50000 25000 12500
6th Inst. 30/06/04 50000 25000 12500
7th Inst. 30/09/04 50000 25000 12500
8th Inst. 31/12/04 50000 25000 12500
9th Inst. 31/03/05 50000 25000 12500
10th Inst. 30/06/05 50000 25000 12500
11th Inst. 30/09/05 50000 25000 12500
Sub Total   550000 275000 137500
G. Total   580500 295500 148000


NFC-ECHSL Phase-II SECTOR II Payment Schedule

CIRCULAR

This has reference to our Notice dated 18-1-2005 , on the subject.

As outlined in the stated notice, the Managing Committee of the NFC-ECHS met on April 02, 2005 to review and assess the feasibility of the proposed Sector-II of the NFC Phase-II. The evaluatory exercise is still under progress and a final determination to this effect is planned to be made in its next meeting.

Meanwhile, the management has sympathetically considered the request of number of employees who have been left out of the proposed scheme and has therefore, decided to extend the final cut-out date for receiving the applications till 20 th April, 2005 to entertain these left over cases. However April 20, 2005 is the final cut-out date beyond which no application shall be received or entertained under any circumstances. The tentative land cost (without development charges) and other charges are indicated below for perusal of the applicants:

Plot

  Form Fee M/ship Fee Land Cost(Tentative)

 

  (Rs) (Rs) (Rs)
01- Kanal 1000 1000 1,800,000
10 - Marla 1000 1000 1,000,000

05 -

Marla 1000 1000 500,000

It is brought to your notice that the present feasibility of the proposed scheme allows a few plots of one Kanal size only. You are, therefore, requested to disseminate the final cut-out date as well as the size of plots available in the scheme to employees under your command and process applications strictly following the criteria given below:

?  Applications to be entertained shall be of 1-Kanal plots only. There are no plots in category 10-Marla & 5-Marla available.
?  Only employees who have not so far applied for any plot in sector-II NFC-ECHS, Phase-II shall be eligible for submitting application, under the extended date.
?  The applicants to be clearly informed that sending booking charges (refer Notice dated 18-1-2005 above for details) is in no away an indication that the NFC-ECHS management has accepted an applicant as member of the scheme or that he/she is entitled to any allocation of plot. Thus this is purely a feasibility exercise without any equity in the proposed sector scheme.
?  The acceptance of the application shall be subject to the approval of the Managing Committee of the NFC-ECHS and may require verification.
?  The demand drafts/P.O. shall however be returned to the applicants who fail to meet the criteria above mentioned or in case the scheme is considered not feasible.

Please disseminate the above information and forward the one Kanal applications only of such employees who meet criteria outlined above strictly on or before 20 th April, 2005 for necessary consideration.

(Ghulam Sarwar)

General Secretary

Distribution

?  General Manager (P&A), NFC Head Office, Lahore

?  M.D., NFML, Lahore

?  M.D., PFL, Multan

?  M.D., PAFL, Daudkhel

?  M.D., HPFL, Haripur

?  M.D., LC&FL, Jaranwala

?  Director, NFC-IET, Multan

?  Director, NFC-IEFR, Faisalabad

?  NFC RR Office Islamabad

?  Director (F&A), Ghee Corporation of Pakistan

?  PFL, Lahore Office

?  PAFL, Lahore Office

?  SAFTEC, Karachi

?  PTC, Karachi

PAYMENT SCHEDULE PHASE-II, SECTOR-II

  1-Kanal 10-Marla 5-Marla
       
Total Cost of Land 1,800,000 1,000,000 500,000



  Due Date
Of Payment
1-Kanal 10-Marla 5-Marla
         

Down Payment (includes Rs.1000/- as Form Fee & Rs.1000/- as Membership Fee )

31-5-2005 714,500 382,000 192,000
1st Inst. 31-7-2005 199,500 114,000 57,000
2nd Inst. 30-9-2005 199,500 114,000 57,000
3rd Inst. 30-11-2005 199,500 114,000 57,000
4th Inst. 31-1-2006 199,500 114,000 57,000
5th Inst. 31-3-2006 99,500 64,000 32,000
Booking charges already paid are adjusted in the Final Instalment   100,000 50,000 25,000
Total
  1,712,000 952,000 477,000

Lump-sum Payment with 10% discount


  Due Date
Of Payment
1-Kanal 10-Marla 5-Marla
         

Full Down Payment (includes Rs.1000/- as Form Fee and Rs.1000/- as Membership Fee)

31-5-2005 1,522,000 852,000 427,000
         

Booking charges already paid are adjusted.

  100,000 50,000 25,000
  Total 1622,000 902,000 452,000

 



 

 

 

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