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Posted by shujaat on March 4, 2018
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PTV Homes Co-operative Housing Society (PTV.HCHS) is a new housing scheme launched in Islamabad Zone 2, adjacent to Margalla Hills on Main GT Road. The society has reportedly launched limited memberships for different sizes of residential plots in its housing scheme, and general public may submit those memberships along with down payment in order to book their residential plots. We will share all the information available in the real estate market of Islamabad on PTV Homes Housing Society on this page.

Surprisingly, there is no authentic and official information available as to the registration status of this housing scheme, as Cooperative registration department of ICT doesn’t exist online any longer, neither does the society itself mentions any registration number. We couldn’t even find any record of its NOC approval or rejection status on CDA or RDA websites.

PTV has published a disclaimer in daily Jang on 3rd March 2018, which reads the following:

PTV has no relation whatsoever with PTV Homes Cooperative Housing Society. PTV shall not take responsibility of any loss to the public caused by investing in the subject housing scheme.

Following is the copy of public notice by PTV:

This doesn’t necessarily imply that the society is bogus or illegal, unless declared otherwise by the civic authorities, however disclaimer by the PTV organization whose name is being used makes it dubious.

An advertisement was published by PTV Homes Cooperative Housing Society on 7th February, 2018 on Daily Jang, Page 4, which announced that limited application forms of residential plots were being given to general public on first come first served basis. General public could obtain the forms from 5th February, 2018 up till 19th February, 2018 from society office at PTV Headquarters, Islamabad, and submit the same along with down payment by 7th March, 2018.

Following is a copy of newspaper advertisment:


Currently, no more application forms are being issued by the society, but some dealers are selling such forms in the market at little profit. The society has also disclosed the total number of application forms issued to general public along with their specific plot sizes. There are total 841 members from general public, who have obtained 841 forms for 5 marla, 10 marla, 1 kanal and 2 kanal plots.

Following is the list of total members with assigned plot sizes:


PTV Homes Cooperative Housing Society is ideally located close to sector B-17 Multi Gardens Islamabad, on GT Road. The location map is released, which shows the exact location right after the margalla hills to the right of GT road if heading towards Taxila from Islamabad.

Following is the location map:

As you can see on the google earth map, the society location is marked in the green circle. Surprisingly, the location falls under Islamabad Capital Territory limits as per Google Maps, therefore it should essentially fall under CDA, possibly in sector A-16.

Distance of the society from major landmarks of Islamabad/Rawalpindi are also mentioned, such as:

  • Zero Point Islamabad lies at 19KM distance
  • Rawalpindi Saddar Lies at 30 KM distance
  • PTV Via Margalla Signal Free at 22 KM distance
  • Motorway at 6 KM distance
  • Sangjani at 4 KM distance

An unclear copy of the society map is also circulating in the market as attached below:

As you can see on the map above, different sizes of residential and commercial plots are mentioned with total number of plots in each category. There are some areas marked as future extension, which means that society has acquired or still acquiring lands around that area in order to launch new blocks in future.

Following is the total number of commercial plots with sizes:

Category A

  • Plot Size: 75×60
  • Total Quantity: 32 Plots

Category B

  • Plot Size: 60×45
  • Total Quantity: 46 Plots

Category C

  • Plot Size: 45×30
  • Total Quantity: 57 Plots

Following is the total number of residential plots with plot sizes:

Category A

  • Plot Size: 50×90
  • Total Quantity: 185 Plots

Category B

  • Plot Size: 35×70
  • Total Quantity: 373 Plots

Category C

  • Plot Size: 30×60
  • Total Quantity: 217 Plots

Category D

  • Plot Size: 25×50
  • Total Quantity: 790 Plots

Category E

  • Plot Size: 50×180
  • Total Quantity: 10 Plots

PTV Homes housing society offers 5 years easy installment plan, whereas possession of plots will be handed over within 2 years. Prices are very reasonable, and most importantly, development charges are included in the plot prices.

Following are the plot prices and payment schedule:

The society offers 10% discount on full payment at the time of booking. Category charges will be additional to the given plot prices, i.e. main road plots will cost 5% extra, corner plots will cost 10% extra and corner + boulevard plots will cost 15% extra charges.

Those who have already obtained the application forms can submit their forms along with mentioned down payment for respective plot sizes at society office. Those who do not have the application form, but want to avail this opportunity, they can simply buy an authentic application form from open market and proceed with booking.

We will update this page as soon as we get some official source of information regarding PTV Homes Housing Society Islamabad, so stay tuned !

 

 

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