Capital Smart City | Construction Policy Update

Capital Smart City has announced updates to its construction policy. The management has offered more flexibility and benefits for homeowners and investors. Society is encouraging early construction and boosting the pace of development to maintain urban standards.

If you own a plot in CSC, this crucial information about the new construction policy is exclusively for you. Here is the breakdown;

Important Highlights of the Capital Smart City Construction Policy Update

🏗️ Extension in the Construction Timeline: Plot owners will get 4 years to begin construction from the possession date. No incurring penalties.

💰 Transparency in Development Charges: A 5 marla residential plot will now cost approximately. 4.2 to 4.3 million, including development charges. These charges cover road, electrification, smart infrastructure, and sewerage.

🧱 Compulsory Construction Regulations: 2 storey for 5 marla and a basement, and two storey for 10marla and above. The owner has to seek design approval as per architectural guidelines. Moreover, the construction grace period is 4 years.

🛠️ Early Construction Incentives: Early constructions will be rewarded with discounts on utility connections, prior access to smart services, and a waiver on non-utilization penalties.

Also Read: The Role of Infrastructure in Capital Smart City’s Rapid Growth

Besides, submitting your construction plans for approval is long overdue if you own a ballot plot in Overseas West, Overseas East, or Overseas Central. Clear your due payments to avoid penalties and start construction to benefit from early building incentives.

If you haven’t yet invested, RBS Real Estate and Builders can provide you with the best financial advice. Contact our efficient team today to secure your future. RBS is Capital Smart City’s authorized sales partner. Our team will provide you with the best.