PTV Homes Cooperative Housing Society Islamabad – Location & Prices
PTV Homes Co-operative Housing Society (PTV.HCHS) is a new housing scheme launched in Islamabad Zone 2, adjacent to Margalla Hills on Main GT Road. The society has reportedly launched limited memberships for different sizes of residential plots in its housing scheme, and general public may submit those memberships along with down payment in order to book their residential plots. We will share all the information available in the real estate market of Islamabad on PTV Homes Housing Society on this page.
PTV Homes Co-operative Housing Society is registered with office of cooperative department ICT Islamabad under the Registration # 373 in accordance with the Co-operative societies Act of 1925.
Following is the copy of registration certificate of PTV.HCHS from ICT:
According to the society representative Mr. Muhammad Ismail Kalwar, the society is owned and run by PTV employees union in an effort to provide affordable housing solution to their fellow employees.
During the AGM, Deputy Chairman Senate Moulana Abdul Ghafoor Haideri said:
This is the responsibility of the government and its institutions to provide homes to their employees, but employees union is doing their own efforts for the future benefit of their colleagues and their children. The person who worships Allah, receives heaven, and the person who serves the fellow humans, Allah will help him in his best interest.
PTV has, however, published a disclaimer in daily Jang on 3rd March 2018, which reads the following:
PTV has no relation whatsoever with PTV Homes Cooperative Housing Society. PTV shall not take responsibility of any loss to the general public caused by investing in the subject housing scheme.
This public notice without any warning to the society implies that the society is valid and legal, however the institution doesn’t own it. As mentioned earlier, it is owned by PTV employees union, there may be some internal rifts between the union and the management of PTV which caused the institution to dissociate itself from the society.
An advertisement was published by PTV Homes Cooperative Housing Society on 7th February, 2018 on Daily Jang, Page 4, which announced that limited application forms of residential plots were being given to general public on first come first served basis. General public could obtain the forms from 5th February, 2018 up till 19th February, 2018 from society office at PTV Headquarters, Islamabad, and submit the same along with down payment by 7th March, 2018.
Following is a copy of newspaper advertisment:
Currently, no more application forms are being issued by the society, but some dealers are selling such forms in the market at little profit. The society has also disclosed the total number of application forms issued to general public along with their specific plot sizes. There are total 841 members from general public, who have obtained 841 forms for 5 marla, 10 marla, 1 kanal and 2 kanal plots.
Following is the list of total members with assigned plot sizes:
PTV Homes Cooperative Housing Society is ideally located close to new Islamabad Airport in Tehsil Fateh Jang. The location map is released, which shows the exact location of society near Qutbal Railway Station.
As you can see on the google earth map, the society location is marked close to Fateh Jang Road and New Islamabad Airport. This same access road further goes down to ICHS town Phase 1, so you can call it the neighborhood of PTV Homes Society.
Distance of the society from major landmarks of Islamabad/Rawalpindi is also measured, such as:
- ICHS Town lies at 6 KM distance
- Motorway lies at 16 KM distance
- New Islamabad Airport at 22 KM distance
- Zero Point Islamabad lies at 38 KM distance
PTV Homes Housing Scheme has planned different sizes of residential and commercial plots. There are some areas marked as future extensions that will be launched at later stage, which means that society has acquired or still acquiring lands around that area in order to launch new blocks in future.
Following is the total number of commercial plots with sizes:
Category A
- Plot Size: 75×60
- Total Quantity: 32 Plots
Category B
- Plot Size: 60×45
- Total Quantity: 46 Plots
Category C
- Plot Size: 45×30
- Total Quantity: 57 Plots
Following is the total number of residential plots with plot sizes:
Category A
- Plot Size: 50×90
- Total Quantity: 185 Plots
Category B
- Plot Size: 35×70
- Total Quantity: 373 Plots
Category C
- Plot Size: 30×60
- Total Quantity: 217 Plots
Category D
- Plot Size: 25×50
- Total Quantity: 790 Plots
Category E
- Plot Size: 50×180
- Total Quantity: 10 Plots
PTV Homes housing society offers 5 years easy installment plan, whereas possession of plots will be handed over within 2 years. Prices are very reasonable, and most importantly, development charges are included in the plot prices.
Following are the plot prices and payment schedule:
The society offers 10% discount on full payment at the time of booking. Category charges will be additional to the given plot prices, i.e. main road plots will cost 5% extra, corner plots will cost 10% extra and corner + boulevard plots will cost 15% extra charges.
Those who have already obtained the application forms can submit their forms along with mentioned down payment for respective plot sizes at society office. Those who do not have the application form, but want to avail this opportunity, they can simply buy an authentic application form from open market and proceed with booking.
We will update this page as soon as we get some official source of information regarding PTV Homes Housing Society Islamabad, so stay tuned !
