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Qualified for allotment
PTV/ PTV-F/ Ministry of I & B/ PBC/
SRBC Serving Employees, Retired Employees * and General Public
* Employee who had retired from service within five years from the
announcement of this scheme.
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An applicant
can apply for only one plot in this
scheme.
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An applicant
must submit application on prescribed
PTV-F application form.
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Undeveloped Plot Payment
options:
Option i. An applicant
may deposit the total discounted price of the undeveloped plot at the
time of application. In case of full payment an applicant will be
entitled to a confirmed allotment.
Option ii. An applicant may pay 25 % of the undeveloped plot price as
Down Payment and thereafter 3 equal quarterly installments as
indicated.
Option iii. An applicant may pay 25 % of the undeveloped plot price as
Down Payment and thereafter 7 equal quarterly installments as
indicated.
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In addition to
undeveloped plot price an Applicant
shall also pay equal quarterly installments towards the development
charges, which shall be notified in due- course of time. An applicant
will be liable to pay enhanced development charges as per market rate,
if any, when ever demanded by the PTV-F.
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In case of default on
payment of any installment as per
schedule or on any other ground whatsoever, the applicant shall be
liable to pay that installment with 10% of the amount as late payment
charges along with next month installment. If the default continues
for two consecutive months, the plot shall stand cancelled with out
any further notice.
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Cancellation of a plot/
allotment in case of non compliance of any of the terms & conditions
as amended from time to time, or if an allottee decides to surrender
his plot under whatever circumstances, the applicant/ allottee shall
have no claim on PTV-F except refund of deposits on deduction of 20
percent as penalty.
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In case of a corner plot
10 % additional price will be charged.
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Transfer of plots
will be permissible with the prior
approval of the PTVF on payment of all outstanding dues against the
transferor on the date of transfer and on production of legal
documents as required by PTV-F. A transfer fee shall be charged.
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No mark up /
profit whatsoever shall be paid on the
amount deposited by the applicant in case of his withdrawal/ surrender
or cancellation of plot.
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The Foundation
shall be at liberty to cancel allotment
at any time and allot the plot to any other party if allottee fail to
clear demanded dues of Foundation or violate terms & conditions or
policy instructions of the Foundation.
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The allottee
shall abide by the rules, regulations,
and terms & conditions of PTV Foundation prevailing for the time being
or into force from time to time.
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It will be allottee’s
responsibility to intimate mailing
address correctly and timely for correspondence as and when change of
address may occur.
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These terms and
conditions shall also be applicable to
allottee’s nominee.
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Applications received
without full/ down payment shall not be
entertained.
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The applicant shall keep the original
receipts of PTV-F in safe custody for showing at the time of allotment
or claiming refund of full/down payment
in case a plot is not allotted.
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An application
processing fee of PAK Rs. 3000 shall be
charged, which shall be non-refundable and non- transferable.
