PIA Officers Cooperative Housing Society launched in RawalpindiBuying,Housing Schemes,News & Updates

PIA Officers Cooperative Housing Society launched in Rawalpindi
Buying,Housing Schemes,News & Updates

Pakistan International Airline (PIA) has launched its housing society in Rawalpindi. The project is located on Main Adiala Road, adjacent to Bahria Town Phase VIII Extension. Named as PIA Officers Cooperative Housing Society (PIAOCHS), the project is a joint venture of Meridian International and PIAOCHS.
Through a print ad published in national dailies, applications have been invited from the federal and provincial government employees and their families as well as the general public. The quota reserved for the government employees is 50% and that for the general public is 40%, while 10% of the total plots are reserved for retired employees and their families. You must know that applications are invited on a first-come, first-served basis.
The ad also claims that investment made in this society can increase 2 to 3 times in the next 18 months due to Islamabad/Rawalpindi Ring Road. Furthermore, the location of this project is also being highlighted due to its close proximity to the New Islamabad International Airport and GT Road. The society management has set up booking offices in Rawalpindi and Lahore, while booking forms are available in all branches of United Bank Limited. You can also download the form from www.piaochs. Com. Pk

PIAOCHS features 5-, 7-, 10-marla and 1-kanal plots on instalments spread over 30 months. According to the ad, the society will feature 90, 50, and 40 feet wide carpeted roads. Facilities to be offered here include the provision of water, electricity, and gas, an efficient sewerage system, and 24-hour CCTV monitoring facility for the walled and gated bounds of the society. In addition to this, the project is also registered with the Cooperative Societies Department of the Government of Punjab. Furthermore, the project is approved by the Rawalpindi Development Authority.

Here is the payment plan:
Plot Size Down Payment Monthly Instalment Baloon Payment (To be paid every 6th month) Total Price

5 Marla PKR 91,000 PKR 13,350 PKR 66,583 PKR 890,000

7 Marla PKR 121,000 PKR 17,850 PKR 89,250 PKR 1,190,000

10 Marla PKR 163,000 PKR 24,000 PKR 120,000 PKR 1,600,000

1 Kanal PKR 284,000 PKR 42,000