Silver City

Silver City Housing Scheme - FAQs


Silver City Housing Scheme – FAQs

1. When was the project launched?

a.      M/S Laaraib Associates & Developers (PVT) Limited was registered with the SECP on November 13th, 2017.

b.     The Project Silver City Housing Scheme was launched on November 2nd, 2021 after receiving proper approval from the RDA.

2. What is the total land area?

The project spans over 3000 Kanals plus, with several agreements in progress for the acquisition of additional land. Plans are underway to expand the land area to exceed 50,000 Kanals.

3. What is the project completion time?

The project’s general completion time is estimated at 4 to 5 years. However, our Prime Zone is expected to be completed in approximately 2 years.

4. What other projects have the developers completed before this?

Laaraib Associates & Developers (PVT) Ltd., the esteemed developer and owner of Silver City Housing Scheme in Islamabad, brings a wealth of experience and expertise to the project. Known for their outstanding reputation in the real estate sector, they emphasize meticulous planning, excellent craftsmanship, and unwavering attention to detail.

With a proven track record in Pakistan’s real estate development industry, Laaraib Associates & Developers is committed to creating vibrant, sustainable communities. Their customer-centered approach, combined with their dedication to quality and timely delivery, has earned them the trust and confidence of their clients. As the exclusive developer of Silver City Housing Scheme, they are redefining the real estate landscape in Pakistan.

5. What is the price per Marla and Payment Plan?

The price per Marla and the comprehensive payment plan can be found in annexure A.

6. What are the transfer and refund policies?

a.      Membership/file transfer is carried out in-house, following the standard market practices. Prior to transfer, customers must clear any pending installments/dues. A nominal fee of Rs. 5000/- is applicable for membership transfer. For balloted files/plots, a fee of Rs. 5000/- per Marla is charged upon transfer. After obtaining plot possession, customers are required to execute a sale deed at the sub-registrar’s office, as per government instructions.

b.     In case a customer’s/member’s file is cancelled, a refund is initiated after a six (06) month period from the cancellation date. The refunded amount is subject to a deduction of 10% of the total agreed plot price, covering administration and service charges.