New Metro City Gujar Khan Plots Cancellation And Fine Policy

New Metro City Gujar Khan plots cancellation and fine policy have been announced by the management of the society. The NOC of this housing society is approved by TMA and developed by BSM Developers. This society is located at the main GT Road due to the prime location of New Metro City, which provides an amazing investment opportunity in Gujar Khan for investors. The management of this society has disclosed the cancellation policy for clients who have not paid their last one or two months’ installments. 

What is the Cancellation Policy of New Metro City Gujar Khan?

The shocking announcement of the booking cancellation policy of New Metro City Gujar Khan by BSM developers for their respective customers. Moreover, the management has frequently informed the customers about balloon payments and installments. 

The management has released the last warning for the cancellation of plots in New Metro City Gujar Khan. Moreover, the customers have to pay their dues by 23rd December 2022 to avoid the cancellation of files in New Metro City Gujar Khan. After the due date, your booked plot will be canceled permanently according to the terms and conditions.   

There were rumors that a 25% payment would be deducted from the down payment in the case of the New Metro City Gujar Khan plots cancellation. However, the reality is that a 25% payment will be deducted from the total price of land, not the down payment. 

Is It a Bad or Good Idea to Cancel a Plot in New Metro City Gujar Khan?

It is absolutely a bad idea to cancel your plot in the society because you will not get your full payment back due to New Metro City Gujar Khan plots cancellation policy. Therefore, it is recommended to retain your plot because of the current economic crisis in Pakistan. However, real estate will be booming soon to yield a handsome profit to you.  

What is the Fine Policy announced by the management?

The customers have to pay 0.05 per day according to the missed installments to avoid cancellation. New Metro City Gujar Khan fine policy has been effective since 25th October 2022. Therefore, you have to pay the fine to retain your plot in society after the announcement of the New Metro City Gujar Khan plots cancellation policy.

When was Block A & B Balloted?

On August 20, 2022, New Metro City Gujar Khan held its first early bird balloting. If the booking forms had been received by August 19th were eligible for the Balloting of Block A Sector-1 New Metro City Gujar Khan. Clients who took part in the balloting must make balloon payments just because the society offers Possession within five months. 

According to the most recent information, balloting for New Metro City Gujar Khan Sector-1 Block B will be conducted soon.  

When will Possession be offered to Customers?

The management is working tirelessly to provide high standards to the customers within society. Moreover, it is a fast-developing society to facilitate the people. The management held the balloting to allocate the plot numbers. It’s great news that management is going to offer the Possession in the first quarter of 2023. 

Final Words

New Metro City Gujar Khan plots cancellation and fine policy is a step towards facilitating more customers who are interested in buying their plots in the society. However, you must pay your installments and fine by 23rd December to remain a part of this magnificent project in the Gujar Khan. You can contact Makaan Solutions to get more details about the plot cancellation procedure.