MDA Announced New Housing Project Taiser Town, Last date 30 March 2019

MDA announced new Housing Project Taiser Town, Last date 30 March 2019
MDA Taiser Town Announced New Housing in Scheme 45 Northern Bypass.

Malir Development Authority has announced a new housing scheme on northern bypass which seems to be an attractive opportunity for middle and lower income strata of Karachi. The new scheme offers 80, 120, 240 and 400 square yards sizes of residential plots on low-cost.

Latest: Taiser Town Balloting Result Check Online

The booking is subject to success in a computerized ballot that will be held after the applications are received and processed.

MDA Taiser Town Scheme 45 is located near Gulshan-e-Maymar and Dream World Resort on Northern Bypass. It is a developing scheme where a large number of housing projects are already developing. The government is planning to establish wholesale markets in the neighborhood in order to facilitate residents of this area.

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Also Read: How and Where to Buy Property for Investment?

Taiser Town Application forms are available at all nationwide branches of Silk Bank and download online from Taiser Town’s and MDA’s official websites. You can simply fill in your details and download the soft copy of your form.

Download Taiser Town Application Form from MDA’s official site:

MDA has been decided to expand the form submission date of taiser town.

After you download or obtain an taiser town application form, you can fill in necessary details and submit the form at any branch of Silk Bank across the Country along with down payment and processing fee.

The down payment is refundable in case of failure in the ballot.
However, the processing fee is non-refundable. Refund amount can be received from the same branch of Silk Bank where you submitted the application form.

The low-cost magnificent taiser town housing project of Govt. of Sindh and malir development authority easy installments spread over 3 years.

Payment Schedule 80 sq yd120 sq yd240 sq yd400 sq yd
At the time of confirmation (within a month)6,00015,00050,000100,000
At the time of Evaluation (within 2 month)5,00030,00050,000100,000
Within 3 year60,00060,000360,000500,000
Total Cost of Land80,000120,000528,00012,00000

It is important to mention here that the given prices include the cost of land only, whereas development and utility charges will be applied at a later stage of development.

Before you apply, it is important to go through the following criteria:
  • Those who already have a plot in MDA Taiser Town Scheme 45 will not be eligible to apply.
  • One person cannot apply more than once in the same plot category.
  • One person can apply in all plot categories, but he can keep only one plot if he comes out successful in more than one categories.
  • Those who live in Karachi can pay via pay order, however, those living outside Karachi will need to pay through demand draft.
  • Demand Draft of Pay Order can be prepared at any commercial bank.
  • Pay order – demand draft to be prepared in favor of “Taiser Town Scheme 45”.
  • The plot will not be transferable until the completion of all payments.
  • Forms can be submitted till 30th of March, 2019.
Also Read: MDA’s new housing society: Is it a wise choice to sign up?