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National University of Sciences and Technology

SECTION 3 – Shortlisted Housing Societies

Society 1 – Airport Green Garden (AGG) – Block B & C
Key Points:
  • Strategic Location: Situated near Srinagar Highway (2.2 km from Top City / Mumtaz City interchange) with strong connectivity to Islamabad and adjoining sectors. Future access by RRR through service road.
  • Proximity to NUST H-12: Approximately 17 km distance, making daily commute practical for faculty and staff.
  • Competitive Pricing: 5 Marla equivalent pricing falls within the PKR 37–48.5 lakh range, with multiple payment options (Cash, 20-Month Installment, 3-Year Installment).
  • Approved NOC Status: Regulatory approval in place, reducing legal and compliance risk.
  • Possession: Ready for construction plots available on cash and 20-Month plan.
  • Registry Option: Plots can be registered/Intaqal with the Govt authorities. Transfer fee, service charges & other government charges (e.g., 236K) will be charged.
  • Development Status: Classified as semi-developed, with ongoing infrastructure development including roads and utilities. Underground sewage, water, gas and electricity infrastructure is complete.
  • Community Factor: Suitable for organized residential clustering and potential grouping of NUST employees.
  • Positive Market Perception: Acceptable development track record and desirability within the surrounding housing corridor.
  • Govt Schemes / Bank Loan Eligibility: Eligible for Govt financing for plots and home construction, enhancing affordability and financial facilitation options.
  • Living Needs: Society is adjacent to Top City with developed commercial activities, banks, schools, hospitals.
  • LOP Approved: All plots are available in the approved area of Block B & C (limited availability).
  • Utility Charges & Category Charges: Utility charges as per actual Govt bill (in installment) at the time of house construction and reduced category charges are 7.5% per category.
  • Balanced Institutional Evaluation: Achieved a strong cumulative score under the Committee’s weighted assessment framework (Location, Price, NOC, Development Status, Community, Wish Factor, and Loan Eligibility).
  • Delivery & Regulatory Risk Profile: Regulatory Risk: Low (Approved NOC in place). Development Risk: Moderate (Semi-developed status; infrastructure substantially progressed but full completion ongoing). Possession Risk: Low to Moderate (Ready-for-construction plots available under cash and 20-month plan; remaining inventory subject to development timelines). Pricing Risk: Moderate (Installment-based plans carry premium over lump-sum structure).

1. Plots on Cash Payment (3 Payments)
Plot Size 25% Booking 25% Balloting 50% Allotment Total Cost (PKR)
25x50 925,000 925,000 1,850,000 3,700,000
30x60 1,325,000 1,325,000 2,650,000 5,300,000
35x65 1,625,000 1,625,000 3,250,000 6,500,000
50x90 3,000,000 3,000,000 6,000,000 12,000,000
2. 20 Months Installment Plan
Plot Size 25% Booking 25% Allocation Monthly Installment Total Cost
25x50 1,137,500 1,137,500 113,500 4,550,000
30x60 1,637,500 1,637,500 163,750 6,550,000
35x65 1,962,500 1,962,500 196,250 7,850,000
50x90 3,487,500 3,487,500 348,750 13,950,000
3. Three Years (36 Months) Installment
Plot Size 25% Booking Monthly Installment Total Cost
25x50 1,212,500 101,041 4,850,000
30x60 1,737,500 144,791 6,950,000
35x65 2,037,500 169,791 8,150,000
50x90 3,525,000 293,750 14,100,000