KARACHI BUILDING CONTROL AUTHORITY

PUBLIC NOTICE

Name of the Project: “CITI TECH TOWER”

Plot No. 36, PR-2, PREEDY QUARTERS, KARACHI

The Karachi Building Control Authority hereby informs General Public that NOC for Sale & Advertisement of Flat / Shops at above noted project has been issued vide No. KBCA/DCB(D-I)/2229/ADV-472/2010, dated: 16-03-2010 to Mr. Pervaiz-ul-Haq Siddiqui S/o. Mubin-ul-Haq Siddiqui (CNIC# 42301-9884097-7) Sub Attorney & authorized partner of M/s. Citizen Investment Corporation Builders & Developers Builder Lic. No. BL- 2722.

The Project consists of Basement (Shops) + Ground Floor (Shops) + 1st to 3rd Floor (Shops) 4th to 9th (Parking) + 10th Floor Transition Floor (Parking) + 10th to 13th Floor (Offices). As per letter No. KBCA/DCB-II (Saddar Town-II/ 2009/337 dated: 14-11-2009.

Proposed date of completion: 31-12-2013

Architect: Mr. Zia Jaffery, (Lic. No. Al-01-29)

Structural Engineer: Mr. Saleem Qureshi, (Lic. No. SE-06-170)

Units offered for sale are as under:

Type of Unit / Quantity / Floor Where Unit Exist / Covered Area In (Sq. ft) / Unit Price in Rs.
Front Shops / 3 / Ground / 403.20 / @ Rs. 120,000/- (Per S.ft)
Rear Shops / 4 / Ground / 788.76 / @ Rs. 75,000/- (Per S.ft)
Corridor Shops / 10 / Ground / 1018.25 / @ Rs. 100,000/- (Per S.ft)
Rear Shops / 6 / Basement / 758.12 / @ Rs. 50,000/- (Per S.ft)
Corridor Shops / 24 / Basement / 2822.26 / @ Rs. 70,000/- (Per S.ft)
Shops / 11 / 1st / 1346.57 / @ Rs. 30,000/- (Per S.ft)
Shops / 13 / 2nd / 1545.28 / @ Rs. 25,000/- (Per S.ft)
Shops / 12 / 3rd / 1731.45 / @ Rs. 20,000/- (Per S.ft)
Offices / 12 / 10th / 3163.24 / @ Rs. 15,000/- (Per S.ft)
Offices / 24 / 11th & 12th / 6547.40 / @ Rs. 12, 000/- (Per S.ft)
Offices / 13 / 13th / 1157.32 / @ Rs. 10,000/- (Per S.ft)

Note:

Above mentioned prices are fixed as per 2nd Floor on average basis and does not include Documentation / Utilities Connection Charges/ Floor, Corner, Road Facing Charges etc. Payment should be made to the builder strictly in accordance with the following schedule of payment based on stage of construction at site.

SCHEDULE OF PAYMENT

S.No. / Stage of Construction / Installment
1 / On Booking / 5%
2 / On Allocation / 5%
3 / On Completion of Plinth of concerned Block / 5%
4 / On casting of Column of concerned Block / 5%
5 / On cast of Roof Slab of concerned Floor / 5%
6 / On completion of Block Masonry of concerned Unit / 5%
7 / On completion of Sanitary & Plumbing work of concerned Unit / 5%
8 / On completion of Plaster of concerned Unit / 5%
9 / On completion of Finishing of the concerned Unit / 10%
10 / On Possession. / 10%
11 / Balance 40% in Equal quarterly installments. / 40%

KBCA further advises General public to sign a written agreement with the Builder / Developer at the time of booking on Rs.50/- Stamp Paper in accordance with MODEL AGREEMENT of KBCA as per Clause (4), Section 12 of SBCO-1979 & amended upto date, otherwise KBCA will not act as arbitrator in any dispute between the Builder / Developer and Allottee.

Copy of MODEL AGREEMENT may be obtained from Designed Section, KBCA Civic Centre, 4th Floor, Annexe Building.

KARACHI BUILDING CONTROL AUTHORITY

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