Rebuttal Of The Advertisement Published In Daily Jang On 11-12-2022

Rebuttal Of The Advertisement Published In Daily Jang On 11-12-2022
Result of 2nd Computerized Balloting of Skyline Apartment Scheme A -Type (FG and JVp Qouta ) Held on 30-09-22 can be download Here:-
Q.1 What is a Joint Venture (JV)?
Ans: Joint Venture means an arrangement between FGEHA and private firms /investors / developers / individuals agreeing to pool their resources for the purposes of accomplishing a housing project, in order to engage the Private Sector and Provincial Governments for land banking and development of Housing (plots/apartments) Schemes in order to accommodate the maximum number of registered members of FGEHA and other Specified Groups.
Q.2 How can be applied for Joint Venture?
Ans: FGEHA shall invite Expression of Interest (EOI) through advertisement in national dailies for Joint Venture from well reputed national or international housing developers, investment companies / firms / individuals to launch housing schemes in Federal and Provincial Capitals.
Q.3 What are the documents required for Joint Venture (JV) proposal?
Ans:
Q.4 What is the criterion for applying for Joint Venture (JV) with FGEHA?
Ans: Following shall be fundamental principles of Joint Venture:
Q.5 What are modes/models of Joint Venture (JV)?
Ans: There are four different models under which interested party/firm can submit JV proposal:
JV proposal is submitted on one of the following methods:
Minimum share of FGEHA in commercial will be 10% subject to recommendations of Transaction Advisor (to be hired by the FGEHA). And No payment for land is made to the JV partner.
In End / Finished Product Model, the JV Partner shall provide the End/ Finished product (houses / apartments) on turnkey basis. All costs will be borne by the JV partner. No upfront payment of land will be made. The payments against the end product will be made by the FGEHA on achievement of milestones as agreed in the relevant agreement. The shares of JV Partners in residential and commercial areas will be determined by Transaction Advisor. For all development/construction works, first right of refusal shall be given to JV Partner/Developer subject to fulfillment of all Technical and Financial Capacity in line with Pakistan Engineering Council (PEC) and FIDIC conditions, in its capacity as the Contractor.
JV partner will provide the finished/end product (developed plot/apartment) to the FGEHA on turnkey basis through its own financing. All expenses will be borne by the JV Partner, who shall be given first right of refusal for construction/development works subject to fulfillment of all requisites given in JVP Regulations 2020. No upfront payment of land will be made. FGEHA will pay the cost against finished product as per one of the following arrangements:
In Facilitation Model, FGEHA shall act as regulator/facilitator of a private housing scheme and accord requisite approvals of the proposed scheme (plots/apartments) by the JV Partner. All expenses will be borne by the JV partner. FGEHA’s share in residential will be upto 70% and thus minimum 30% will be of the JV partner, whereas residential share of the partner will be given in phased manner in order to ensure completion of construction/development works. 100% commercial will be of the JV partner.
Q.6 How much land is required for Joint Venture?
Ans: As explained above in the Question 4.
Q.7 What will be financial management plan?
Ans:
Q.8 What is the evaluation of JV proposals process?
Ans: Following is the evaluation process of a JV Proposal:
For further details, please peruse JV Policy and JVP Regulations 2020.
Q.9 How much time does the evaluation process of JV proposals take?
Ans: The evaluation process normally takes 2-3 months depending subject to submission of all requisite documents required for JV and land verification from concerned revenue office.
Ans: No land price will be paid in Land sharing Model. However, in other JV Models, a percentage (maximum 20%) is paid at the time of transfer and remaining paid against work done basis as agreed in the relevant agreement.
Q.11 Can JV partner get any share in Residential and Commercial?
Ans: As explained in JV Models above in Question 4.
Q.12 Of which categories/sizes are plots/apartments required?
Ans: Following are the categories/sizes of plots/apartments:
Category/Size | Plot | Apartment |
I | 50 × 90 | 1800 |
II | 40 × 80 | 1500 |
III | 35 × 70 | 1100 |
IV | 30 × 60 | 900 |
V | 25 × 50 | 700 |
Welcome to FGEHA Members Portal, Now you can create your profile and can online apply for new Membership Registration from July 2021 to June 2022 . All the members are requested to check their credential,in case of any query feedback area is also available on Portal:-
Eligibility Criteria For Plot Membership
Guidelines for New Membership Registration
Click Here for New Membership Registration
For any queries, email us at support@fgeha.gov.pk
FGEHA Sky Garden Project Development Inauguration Ceremony by Honorable Minister of Ministry of Housing & Works
Green Enclave-1 [Febuary-2022]
Green Enclave-1 [January-2022]
Green Enclave-1 [December-2021]
Green Enclave-1 Project,Girder launching of upstream Bridge side
Bhara Kahu [October-2021]
Bhara Kahu [Septemer – 2021]
July-2022
Location: G-14
Cleaning of Drains
June-2022
February-2022
January-2022
December-2021
Pouring of Concrete and other allied works in progress for Over Head Water Tank G-14/4
September-2021
Dated: July 2022
Location: G-13
Ground Water recharge research was implemented in collaboration with FGEHA with PCRWR, which gave successful results to raise the underground water tables.
Groundwater recharge at sector G-13 Green Belt site between G-13 & F-13 Eastern corner near Tube Well. The site is successfully recharging Groundwater with very clean filtered water through Sand Media.
Dated: July 2022
Location: G-13
Cleaning of Drains
Dated: 17/02/2022
Location: G-13 & G-14/4
DTW Measurement of piezometers and Monitoring of development works at rainwater harvesting sites is in progress in collaboration with PCRWR Ministry of Science and Technology.
Rehabilitation and Development Work
Rehabilitation and Development Work at Class III shopping center No 05 G-13/3
Development Work of Mauve Area, Sector G-13/4
Development work of Play ground G-13/4 October 2021
Fumigation and dengue spray October 2021
September – 2021
Chaklala Scheme – III [December- 2022]
Current physical progress Chaklala heights project
Apartment package-I: 2.50%
Apartment package-II: 30.60%
Apartment package-III: 11.60%
Infrastructure Package-I: 45%
Chaklala Scheme – III [June- 2022]
Chaklala Scheme – III [January- 2022]
Chaklala Scheme – III [December- 2021]
Chaklala Scheme – III [November- 2021]
Chaklala Scheme – III [October- 2021]
Chaklala Scheme – III [September – 2021]
October -2021
New Islamabad Airport [September – 2021]
It is for information of prospective allottees of Kashmir Avenue Apartments (FGEHA) Mauve Area, G-13, Islamabad who have cleared their dues as per schedule (installments) not less than 23% of total cost of their apartment may get allottment letter of their apartment allocated through balloting subject to verification of service particulars from their respective departments and can further transfer it if they so desire, please.
Project Name | Project Images | Brief Descriptions / Progress | |
1 | PHASE-III SECTOR (G-13) | Images | Click for Details |
2 | PHASE-IV SECTOR (G-14/1,2,3,4) | Images | Click for Details |
3 | PHASE-VI (Bhara Kahu Housing Scheme & namely ‘Green Enclave-I’) | Images | Click for Details |
4 | PHASE-VI (Bhara Kahu Housing Scheme & namely ‘SKY GARDEN’) | Images | Click for Details |
5 | PHASE-VII (F-14/15) | Images | Click for Details |
6 | PHASE-VIII (Lifestyle Residency Project ) | Images | Click for Details |
7 | PHASE-X (Park Road Housing Scheme) | Images | Click for Details |
Project Name | Brief Descriptions / Progress | |
1 | PHASE-III SECTOR (G-13) | Click for Details |
2 | PHASE-IV SECTOR (G-14/1,2,3,4) | Click for Details |
3 | PHASE-VI (Bhara Kahu Housing Scheme & namely ‘Green Enclave-I’) | Click for Details |
4 | PHASE-VI (Bhara Kahu Housing Scheme & namely ‘SKY GARDEN’) | Click for Details |
5 | PHASE-VII (F-14/15) | Click for Details |
6 | PHASE-VIII (Lifestyle Residency Project ) | Click for Details |
7 | PHASE-IX (Thalian Housing Scheme) | Click for Details |
8 | PHASE-X (Park Road Housing Scheme) | Click for Details |
S.No | Project Name | Project Images | Brief Descriptions / Progress |
1. | Kashmir Avenue Apartments (FGEHA)Mauve Area, G-13, Islamabad | Images | Click for Details |
2. | Chaklala Heights (FGEHA) Chaklala Scheme -III, Rawalpindi | Images | Click for Details |
3. | Skyline Apartments (FGEHA)New Islamabad Airport, Islamabad | Images | Click for Details |
4. | Lifestyle Residency (FGEHA) Bedian Road, Lahore | Images | Click for Details |
MEMBERSHIP DRIVE PH-II(JULY 2021-JUNE 2022) FOR PLOT OPENED , Click Here to Online Apply
All applicants applying for refund are requested to correctly mention their bank name and complete bank account number at the time of submission of application. Since we have started direct credit system, therefore mentioning correct bank name and account number is mandatory.
Welcome to FGEHA Members Portal ,Now you can register and create your profile through Members Login available at the top right corner of FGEHA website. All the members are requested to check their credential ,in case of any query feedback area is also available on Portal:
For any queries, email us at dd-it1@fgeha.gov.pk
All the respective allottees to whom POl issued are hereby informed that time period of depositing down payment against FGEHA kashmir avenue apartment project is extended to 15 -06- 2020.
Welcome to FGEHA Members Portal ,Now you can register and create your profile through Members Login available at the top right corner of FGEHA website. All the members are requested to check their credential ,in case of any query feedback area is also available on Portal:
For any queries, email us at dd-it1@fgeha.gov.pk
Federal Government has taken major initiatives to provide shelter in the form of plots and apartments for its employees. Since its inception in 1989, the Foundation … Read More
To initiate launch, sponsor, and implement Housing Schemes for Federal Government Employees and other specified groups on an ownership basis in Islamabad… Read More
Secretary (Housing & Works) is a revered bureaucrat. He is a role model who listens to his subordinates attentively and addresses their complaints… Read More