The Joint Venture (JV) Agreement between Federal Government Employees Housing Authority (FGEHA) and M/s Commoners Sky Garden (CSG) was signed on October 11, 2019 for provision of land measuring upto 11,000 Kanals in two phases. Accordingly, in first phase land measuring 6021 Kanals and 6 Marlas was mutated in the name of FGEHA: 1933 Kanals 13 Marlas was in Mouza Kathar and 4086 Kanals 11 Marlas was in Mouza Mangal.
The Executive Board, FGEHA decided that the project would be restricted to land in Mouza Kathar only. Accordingly, the addendum to JV Agreement was signed, between FGEHA and M/s CSG with scope of the project reduced to land in Mouza Kathar only.LOP was revised, vetted and conditionally approved. Construction agreement on the clear land in Mouza Kathar measuring 2403 K is under process for approval by EB FGEHA and development work will commence accordingly.