3 Ways to Avoid Faisal Town Phase 2 Installment Surcharge

Faisal Town Phase 2, or FT-2, is a prestigious housing project by Faisal Town Group near Thalian Interchange. It becomes a game-changer society for families and investors due to its direct connectivity to the M-2 Motorway and the Rawalpindi Ring Road (RRR). The society spans over 80,000 kanals of land and is classified into various blocks and districts.

Each block offers a distinctive payment plan to ensure flexibility and accessibility to a wide spectrum of buyers and investors. The payment schedule includes a down payment followed by 36 monthly installments, and a 20% off on a lump-sum payment.

Quick Facts

Faisal Town Phase 2 Payment Plan

Faisal Town Group Pvt Ltd introduces flexible payment plans for plots for sale in Faisal Town Phase 2. The plot prices are highly attractive, making it one of the most affordable living options in the Rawalpindi-Islamabad region. The FT-2 payment plan includes:

• Down Payment
• 36 Monthly Installments
• 20% Off on a Lump-sum

Faisal Town Phase 2 Installment Surcharge & Policy

Faisal Town Group follows the standard policy for late installments in the Faisal Town Phase 2 project. However, management offers grace periods to reduce the financial burden on its esteemed customers.

• Late Payment Surcharge: A penalty is charged on installments not paid by the due date.
• Consecutive Installments Rule: If the buyer fails to pay three consecutive installments, Faisal Town Group has the right to cancel the plot’s registration.
• Surcharge Waiver: Faisal Town Group regularly announces waivers, allowing members to clear dues without a surcharge.

Benefits of Timely Payments

The management offers incentives to members who pay on time.

• No Development Charge: The payment plan includes development charges, helping members avoid hefty surcharges at the time of possession.
• Lump Sum Discount: By paying in a single lump sum, buyers are eligible for a 20% discount.
• Balloting Priority: The management adds plots to the balloting phases whose dues are fully cleared.

How to Avoid an Installment Surcharge?

Checklist Summary for Members

These are measures essential for members for the timely payments

• Sync with the payment plan
• Mark the calendar
• Verify outstanding balance
• Account for Bank Charges
• Original Deposit Slips
• Ledger Update

Final Takeaways

Faisal Town Phase 2 is the fastest-growing housing society in the Rawalpindi-Islamabad region. The trust clients place in Faisal Town Group and Chaudhary Abdul Majeed is reflected in the rapid plot sales. It is recommended that all members clear all remaining payments by the due date to avoid a surcharge. The current Faisal Town Phase 2 surcharge policy is designed not to penalize, but to incentivize liquidity.