PUBLIC NOTICE (Closure of agreement signed between FGEHA and M/s Ishaq & Sons for project “FGEHA Heights, Multan Road, Lahore.)

                       It is for the information of prospective allottees of FGEHA Heights, Multan Road, Lahore apartment project, the F.G.E Housing Authority singed a JV agreement with M/s Ishaq & Sons for provision of land in Mouza Mango-O-Tare, Tehsil Raiwand Distt. Lahore for construction of apartments. The project was advertised for response from Federal Government employees, Provincial government employees and General Public. The registered members were issued Provisional Offer letter (POLs) for depositing down payment. The response of the project was not encouraging nor were sufficient funds collected to start the project. Hence, the matter was placed before the 12th meeting of Executive Board of the FGEHA dated 15-04-2021. The Executive Board after detailed discussion and considering all facts related to the project (FGEHA Heights, Mulatan Road, Lahore) unanimously approved closing of the project and directed to shift its members to any of the ongoing apartment project of the FGEHA.

2.                    The FGEHA has another project at Lahore naming “Lifestyle Residency, Bedian Road, Lahore”. In accordance to the decision of the Executive Board, the FGEHA intends to shift the cases of members of FGEHA Heights, Multan Road, Lahore apartment project to Lifestyle Residency, Bedian Road, Lahore subject to their consent. Therefore, through this public notice, all the members of the subject project are requested to convey their willingness in writing within 15 days of this public notice. Upon acceptance of the offer, they will have to return earlier original Provisional Offer Letter and accordingly an afresh POL will be issued to them.