200 Sq Yds Cottage Industr
A Prestigious City District Government
Just three Km’s from Northern Bypass,
Introduction: Cottage industry in Accordingly the then KMC now CDGK planned Orangi Cottage Industrial Zones and allotted about 4000 plots measuring 200 sq. yards through BALLOT. The cost of the plot in 1994 was fixed to RS: 1, 20,000/- payable in four installments including development charges. Location: Cottage Industrial estate is located off Northern Bypass, SBFC Industrial Estate, in the vicinity of Project : 200 yards Cottage Industrial plots were allotted by the (KMC) now CDGK @ RS:1,20,000/- in 1994. The allotment orders were personally given by the Late (Shaheed) Banazir Bhutto. Feasibility of investment & Industry : The Cottage Industrial. Zone · Connected with SBFC, S.I.T.E through Shara -e- Orangi, Hub Industrial estate, Surjani & North Karachi Industrial. Estates through the Northern by-pass. · It;s just few kilometers from Bara board and Nazimabad. A short cut is also available from · Cottage industry is surrounded by the residential areas such as Orangi 11 ½, Baldia, Mansoor Nagar, Bihar Colony and it’s just 3 KMs from the Northern Bypass / Madina tul Hikmat. · Electric, Gas, water is available in the adjoining areas while Skilled & Unskilled labor, transport, are available. · 200 yards plot are not available in · Provisioning of infrastructure is the responsibility of CDGK. · Loan was also guaranteed. · The Cost of 80 sq yards residential plots in the adjoining areas is around 7-8 Lacs therefore there is very high potential of exorbitant profit within short time · It’s learnt that after the complete possession / development, the cottage industry established in the residential area shall be noticed and removed which shall likely be switched to the Cottage industrial Zones as a result the price hike shall be marvelous. · It’s expected that shortly the price of 200 yard plot shall be around RS: 20, 00,000/-. Thus it’s very attractive, short investment. Current Status:. · The development work is in progress which is likely to be completed within six months as promised by the City Nazim however possession is being handed over to the allottees after the payment of original dues.. · At the other hand, Development charges were included in the original cost of the plot and the entire infrastructure was guaranteed by the defunct KMC However CDGK has imposed additional development charges unlawfully, which has been challenged by about 325 allottees in different courts including the Sind high Court. Sind High Court has also granted STATUS QUO against the demand and payments of the additional development charges however if some one pays it the additional amount shall be returned by the CDGK if the case is disposed in favor of the allottees that is highly expected as large number of evidences to support the commitment of KMC, are available. Cost of plot: i. Currently the minimum cost of 200 sq. yard plot is minimum 4, 00,000/= (CASH) with all original dues paid. The payment of additional development charges is held in abeyance till the final decision of the court as explained above. Documentation / Transfer / Lease charges shall be extra. 10% extra for corner/ wide Road & Prime location. Other Purchase Options ii. Original dues paid + disputed additional develop. charges RS:5,60,000/= (Cash) iii. On Installment for OPTION-I (With original dues paid). One year, as per schedule or convenience Advance 1,50,000 After One month of advance 30, 000 3 Quarterly installments 1,00,000 300,000 Total 4,80,000 Two years, As per schedule or convenience Advance 1,50,000 After One month of advance 50,000 9 Quarterly installment of 50,000 4,50,000 Total 6,50,000 Other Projects: Agriculture / Farm House plots (1000 Sqyds) are available in Sakro (Rathorki @ RS:210/- Per sq Yards), (Joharpathar @ RS:100/- Per Sq Yards) For further information & Booking. 
