NOC Restoration News for Bahria Town Karachi Residents!
Bahria Town Karachi (BTK) has received an important legal boost as the Sindh Building Control Authority (SBCA) has officially restored the provisional No Objection Certificate (NOC) for the sale and advertisement of its massive real estate project. This restoration signals a green light for renewed property transactions and marketing activities previously on hold.
What Does the NOC Restoration Mean for Bahria Investors and Residents?
The restoration of the NOC allows Bahria Town Karachi to resume its sales and promotional campaigns, much to the relief of investors and developers. With this clearance, the project is poised to attract a fresh wave of interest, providing transparency and legal backing for future investments in Bahria Town Karachi.
Key Takeaways from the NOC Restoration for Bahria Town Karachi:
- Layout Plan Approval: The NOC restoration is based on the Malir Development Authority (MDA) approving the layout plan.
- Conditions and Terms: The restoration is subject to certain conditions, including the payment of remaining scrutiny fees and the submission of a valid developer license within one month.
- Completion Certificate: The developer is required to obtain a completion certificate for the project by the provisions of the Karachi Building Control and Town Planning Regulations 2002 (KB & TPR 2002).
- Other Terms and Conditions: The other terms and conditions of the NOC, including the registered price of units, remain unchanged.
What’s on the Horizon for Bahria Town Karachi?
The restored NOC allows Bahria Town Karachi to push forward with its vision of providing world-class housing and commercial spaces. Investors can now proceed with confidence, knowing that their transactions are legally safeguarded.
For more updates on Bahria Town Karachi’s real estate developments, stay connected to Bahria Town Listings, your go-to source for the latest news and updates.