What is Balloting & Balloting of Top Housing Societies in Islamabad
Balloting is a real estate term. It is the process of giving potential buyers plot numbers. Also, it is in a specific real estate project. Balloting is a drawing between the people who have applied for plots and plot files. So, it is a new development. There are two kinds of balloting.
One is a booking ballot. Besides, it is for people who want to book a property in installments. The other is a plot ballot. So, it’s for people willing to pay in full to own a property. Thus, the result is a map with physical allotments.
Balloting has done when there are more buyers than plots. A balloting and allocation procedure can make the sale. Also, it is with a housing crisis. So, it has created an expression of interest (EOI) when many interested parties exist.
Each participant must fill out official ballot papers. Doing so forms a binding agreement to buy if the ballot succeeds. The prospective buyer submits a bid. So, if theirs is selected, they can draw a winning lot and complete the buy.
Balloting in Top Housing Societies
There is a balloting in every new housing project of the twin cities. Also, many buyers take part in the process. These Societies gain popularity among buyers. So, most of the projects are the biggest hit in the region. In the blog, we will discuss the balloting in top housing Societies.
Blue World City
It is the most famous housing project in the twin cities. Also, it is a big project with national and international developers. It is in a prime location. So, it is a legal Society. It will provide good returns on the investment. There are many balloting takes place in Society.
Also, the buyers are very keen to invest here. Every time they make sure to fall in the eligibility criteria. But, the plots are limited here. Thus, developers promise to do a transparent process. All the balloting process is online.
General Block Balloting
The first balloting in Blue World City occurred on September 30, 2020. Also, the buyers who have paid 90% are eligible to vote. Moreover, it is the most affordable block in Society. It has residential plots. The plots included in the balloting are
- 5 Marla
- 8 Marla
- 10 Marla
- 1 Kanal
Overseas Block Balloting
The overseas block balloting took place on March 23, 2022. It is one of the finest blocks. Also, developers designed it for overseas Pakistanis. The block has beautiful payments. So, the block has affordable payment plans. The plots included in the
- 7 Marla
- 10 Marla
- 1 Kanal
- 2 Kanal
Blue World City Balloting 2023
The management has announced the date of the blue world city balloting 2023. So, it has held on the 1st of the holy month of Ramzan. Also, the offer was valid from February 13 to February 23. Investors should use this ballot to make an investment opportunity.
That will last in the community. Also, here is information about each block’s smart investments. So, keep reading to get the information you want. There are five blocks included in the balloting. They are General and Overseas blocks. Also, the Awami, waterfront, and sports valley are part of the balloting. The further details of suitability are following
General Block
All clients who have paid 90% of the property price can take part in the voting. Also, you can get the information by contacting our qualified property consultants. So, please don’t wait to get in touch with us.
Overseas Block
Plots range in size from seven marlas to two Kanal in the block. Also, this is the fourth vote in this location. To take part buyer must have paid 75% of the cost.
Awami Block
There are two sizes of plots included in the balloting. Registrations for 4.5 marla plots have paid at least 50% of the land cost. Also, the first Awami ballot will consist of 3 and 3.5 marla plots with 50% land cost. So, all investors will have access to information by contacting Ghafari marketing.
Waterfront Block
There are properties ranging from 6 to 18 marla. Also, the waterfront block has a first balloting. Thus, the criteria are 50% of the land’s cost.
Results of the Balloting.
The results o the balloting will have declared online. For more queries, contact Ghafari Marketing. Also, check the official website of the Society. You will get the latest news about the balloting results.
Capital Smart City
Capital Smart City is the First Smart City in Pakistan. Also, it is the most popular Society in the country. Investors around the country want to invest here. So, the developers have arranged up to three balloting in the community. Thus, the details are here.
First Balloting
The first balloting took place on December 21, 2019. Also, on the 24th of the same month, the developers made the e-results available to the public.
The first round of voting will consist of around 6,000 plots. So, they split between the Executive-1 and Overseas-1 blocks. Besides, the eligible one has to pay for one-half of the property.
Second Balloting
The second balloting for the overseas block took place on March 12, 2022. Also, voting had done online. So, the results will be available on the internet. The result of the second balloting has made accessible online on March 14, 2022.
Third Balloting
The third vote is for Overseas Prime and the Harmony Park residents. Also, on May 30, 2022, people went to the Serena Hotel to vote. Also, they went to the polls and voted. All the process is online. The results will have shown on the website.
Capital Smart City Balloting 2023
The developers have announced the voting process for the remaining blocks. Also, the last voting day will be February 25, 2023. The following blocks will be on the ballot:
- Overseas East
- The Overseas Prime
- Harmony Park
- Villa Apartments
Buyers can visit the official website to check their eligibility. Also, they can contact us. So, our at Ghafari Marketing can help them.
Kingdom Valley Islamabad
Kingdom Valley Islamabad is an affordable Society. Also, it has the best facilities. It has known for its different-sized plots. The community is a part of NPHS. So, it provides housing to all social classes. Many Investors want to invest here.
First Balloting
The First balloting was on the third week of November 2022. Also, only the General Block is a part of the process. So, it is online balloting. The result will be accessible online. The customer with the 95% clear dues will take part in voting. Thus, the plots included in the balloting are
- 3.5 Marla
- 5 Marla
- 8 Marla
- 10 Marla
- 1 Kanal
Kingdom Valley Balloting 2023
After the success of the last balloting. It has expected that developers will soon announce the balloting of other blocks too. For now, developers have not made it public. We will share any news with our customers as soon as we get any info. Also, visit our website for information on kingdom valley Islamabad balloting.
Nova City
Nova City Islamabad is a new neighborhood. Also, Society has easy access. It has the best features. So, it also offers affordable homes. This initiative aims to involve people of all economic classes in Pakistan.
Nova City Balloting 2023
The Society’s first ballot was on Tuesday, January 10, 2023. Also, management has arranged all residential and commercial property data. So, the Society will release its official map. Voting was at Fateh Jang Road. Also, it is a family festival featuring live music and games for the kids. Several prominent Pakistani musicians and singers will perform during the event.
The results of the balloting are available online. Also, management has quickly uploaded all the results. So buyers can see them at any time. For more queries, buyers can also contact us.
Taj Residencia
Taj residencia is an RDA-approved community. Also, it has developed by the Sardar Group of Companies. It is in a prime location. Besides, it has all the facilities. The buyers are keen to invest here. Thus, it also has an affordable price. It will provide good returns on the investments. So, it is an excellent investment opportunity.
Taj Residencia Balloting 2023
The management has announced the first balloting of the COSMOS sector. Also, customers must clear 50% of their dues before January 31, 2023. All the members with 50% clear due will be part of the balloting. So, the plot size included in balloting is
- 3.5 Marla
Rudn Enclave
Rudn Enclave Rawalpindi is a residential community. It is on the city’s main Adyala Road. Also, it is next to Bahria Town Phase 8 Extension. There is rapid development in Society. So, it is a legal Society. It is a good property investment in Pakistan. Thus, it has features. It is affordable. Buyers can have easy access here. Also, its value will increase over time. So, it will be a good investment opportunity.
Rudn Enclave Balloting 2023
Society will hold its first-ever voting in the first quarter of 2023. Also, management has updated the payment data to 60-100%. It will make it error-free. So, the balloting will be in February or March. Customers with 60-100% clear dues can be part of the balloting. For more info, contact Ghafari Marketing.
Benefits of Balloting in Real Estate
There are many benefits of balloting. It is used chiefly in the area where demand is very high. Also, developers used it, so there is a transparent distribution of plots. So, it will benefit buyers in many ways. Some of these are
Transparent Process
The balloting process makes the property distribution transparent. Also, many buyers will have a chance to get the balloting. It is a draw between buyers. So, anyone whose name comes to get the plots file.
Discounted Price
The plot prices in the balloting are more affordable. So, buyers all around the world try to take part in voting. Thus, they have to pay lesser plot costs than other buyers.
Rapid Growth
The housing projects are progressing. After balloting, the work went more. Also, the groundwork will soon start in several places. So, the groundwork has started in different areas. Buyers should take part in balloting.
Investments Choices
Buyers can take part in different plot balloting. Also, they can get category plots. One buyer can get many plots. So the prices are also lower. It will provide the buyer with many choices. Sometimes buyers also get discounts in the balloting.
Conclusion
In this blog, we have discussed balloting in detail. Also, we explain the difference between balloted and non-balloted plots. The new buyer can have the idea of balloting. Besides, there are also many benefits of taking part in balloting.
The buyers can also get discounts in the process. So, this blog has balloting details of top housing communities in twin cities. Thus, if buyers want to know more about the Societies balloting. They can contact Ghafari Marketing at any time.
