Housing Society Report

Govt Officers Housing Society

Report Summary

Govt Officers Cooperative Housing Society is a cooperative housing society located on Raiwind Road in Lahore. It is not a gated community and has one entry point. The approval status from the LDA is not found on LDA’s website. Approximately 50% of the society is developed, with limited civic facilities available. Property transfer requires obtaining an NDC from the society office and occurs at the head office on Pajian Chowk, Raiwind Road. The primary selling mechanism is on-ground plots with possession. The transfer fee for a 1 Kanal plot is PKR 200,000/-, and for a 5 Marla plot would be proportionally lower at PKR 10,000 per Marla. Banks do not accept property in this society as collateral. The DC/FBR rates are PKR 705,880/- for residential plots and PKR 1,500,000/- for commercial plots. The price range for a 1 Kanal plot is 25 to 75 lacs.

Archivable Data Points

Archivable Data Points are the type of Data Points that change very rarely. Hence, once gathered, they do not really need to be updated that regularly.

 

  1. Basic Information and Overview
    1. Name: Govt Officers cooperative Housing Society
    2. Address: Raiwind road, Lahore
    3. Tel No.s: 0300 9493755
    4. Landline: Not given
    5. Cellphones: 0300 9493755
    6. WhatsApp: 0300 9493755
    7. URL: Not Found
    8. Email: Not Found
    9. Google Coordinates: https://g.co/kgs/M2kiyHF
    10. Legal Formation (Private, Cooperative, Government, Other Authority etc): Cooperative housing society
    11. Supervising Authority: Lahore Development Authority 
    12. Status of Approval (Approved vs Unapproved vs Partially Approved): Not Found
    13. Total Area (and Approved Area vs Unapproved Area percentage): N/a
    14. Maps (Society vs Approved):

 

Society Map:

image

    1. Gated Community Status: No
  1. Legal Formation
    1. Statutory Formation (Cooperative, Pvt Ltd., Public Ltd., Authority, Others) along with legislation under which formed:         Govt Officers cooperative Housing Society
    2. System of Election: Yes
    3. Date of Incorporation: Not given
    4. Date of Initial Launching of the Housing Society: Not Given (According to market source society launched in 90’s)

 

  1. Location
    1. Address: Raiwind road, Lahore
    2. Coordinates: https://g.co/kgs/M2kiyHF
    3. Overall, Area/Town Name:  Govt Officers cooperative Housing Society
    4. Approach Road(s): Raiwind Road
    5. Gated Community: No
    6. Entry Points (Number of Gates and in which Blocks/Sectors etc): One
    7. Access to Important Roads: Through raiwind road
    8. Public Transport Access: Through raiwind road
    9. Distances to Major Landmarks of the City (e.g. Airport, Ring Road, Motorway etc, to put the location in perspective):         Ring Road Interchange is 13 kms. Allama Iqbal International Airport Lahore is 43 kms, Thokkar Niaz Baig is 28.1 kms.
    10. Distances to Important Area Specific Landmarks like Major Schools, Hospitals, Public Parks, Market Areas (if any): General Hospital Lahore is 28.9 kms. Sharif Medical & dental college is 12.6 km. Beaconhouse National University is 14.6 kms.
  1. Current Management and/or Sponsors 
    1. Sponsors (Original): Punjab Government 
    2. Current Management (Current Owners/Management Committee): Management Committee
    3. System of Management (Owner Management, Election, Administrator): Elections
    4. Supervising Authority: LDA

 

  1. Recent Pictures:

image

 

  1. Date Started and History of Additions/Extensions
    1. Pictures:
    2. Map Comparisons: N/a

 

  1. Approvals Status
    1. Name of the Regulatory Authority of the concerned City: Lahore Development Authority (LDA)
    2. Approving Authority: LDA
    3. Approval Status: Not found
      1. Full Approval: Not Found
      2. Partial Approval: Not Found
      3. Pending Approval: Not Found
      4. No Approval:n/a
    4. Approval No: n/a
    5. Date of Approval: n/a
    6. Number of Sectors Approved:n/a
    7. Any pending issues for approval:n/a

 

  1. Total Area Distribution
    1. Total land: Approved: Not Found
    2. Total land: Unapproved: Not Found
    3. Total Area (Developed vs Undeveloped): Not Found
    4. Distribution of Area (like): Not Found

 

  1. Civic Facilities
    1. Shopping facilities: None
    2. Schools: School for special children operational 
    3. Banks and other financial services: None
    4. Security and Policing: Available 24/7
    5. Communal Activities (Clubs, Gyms, Libraries etc): None
    6. Other Notable Recreational Activities: None
    7. Public Parks: Developed but not well maintained
    8. Famous Brands (e.g. Famous Restaurants, Grocery Stores, Supermarkets etc): None

 

  1. Transport - Intercity and Intracity
    1. Bus access: Through raiwind road
    2. Rail Access: None
    3. Intra-City Access: Through raiwind road
    4. Inter-City Access: Through raiwind road
    5. Petrol Pumps: Available in 1.5 kms radius on raiwind road

 

  1. Status of Development and Amenities Offered
    1. Approach roads: Raiwind road
    2. Electricity: yes
    3. Gas: no
    4. Water Supply: yes
    5. Internal Roads Condition: constructed but not well maintained 
    6. Internal Road Size (Various Sizes of Main, Branching, and Internal Roads): 100 feet main boulevard, other road are 30 & 35 feet 
    7. Sewerage: Operational 
    8. Rain drainage: No
    9. Internet: No
    10. Security: Available 24/7
    11. Cable TV: No
    12. Availability of Schools , Mosques, Hospitals, Shopping Centers, Civic Club(s), Banks (inside and nearby) School for special children is operational inside the society, other amenities available in 10km radius on raiwind road.
    13. Status of Cleanliness, Greenery Observed and other Roadside Plantations etc. Not well maintained 

 

  1. Total number of Plots/Units and their Categories
    1. Plots/Units Developed vs Undeveloped (percentage):50%/50%
    2. Various Plot/Unit Categories (percentage): Not Found

 

  1. Surroundings
    1. In context of Neighboring Housing Projects, General Area Layout, Nearby Landmarks: Ring Road interchange 10 kms

Dynamic Data Points

Dynamic Data Points are the Data Points that change often and with more frequency than the Archivable Data Points. These Data Points need to be changed i.e. the H.S.R needs to be updated or reviewed at least once a year.

 

  1. General Selling Mechanism
    1. What are they Primarily Selling?
      1. Files: No
      2. On-Ground Plots only: Yes
      3. On-Ground Plots with Possession: Yes
    2. Approved/in-house/Authorized Property Dealers: None inside the society
    3. Agencies e.g Zameen, Agency 21, Graana: Working with zameen
    4. Sale by Housing Society itself No
  1. Plot Ownership Status 
    1. Transfer of Ownership Mechanism:  Following are the steps to transfer your plot:
    1. Registry of Properties allowed: Yes
    2. Property sold on an Allotment Letter: Yes
    3. Where does the Transfer take place: Head office of society is located on pajian chowk raiwind road, lahore
    4. Rate of Plot Transfer: 10,000/- per marla

 

  1. Competition
    1. In context Competing Housing Projects (different from neighboring Housing Projects): Chinar Bagh

 

  1. Percentage of Populated Blocks/Areas/Sectors: Only A block is 10% populated.

 

  1. Bank’s acceptance of Housing Society Property as Collateral: No

 

  1. DC/ FBR Rates: Residential: 

 

Residential open Plot (per Marla)

Residential Superstructure (per Sq.ft) 

Commercial open Plot (per Marla)

Commercial Super Structure (per Sq.ft) 

Govt Officers Coop Society Ltd

730,600

2,000

1,972,350

2,500

 

 

 

 

  1. Overall, Price Range/Variation of each Category of Unit/Plot: 

 

Unit

Prices

1 Kanal

37 lacs to 65 lacs

 

  1. Price Model of the last 5 years: Not Found
  2. Legal Problems - Faced by the Housing Society
    1. Any Actions (in Favour or Against) taken by Governmental Agencies and Financial Institutions: None

 

  1. Legal Problems - Faced by Clients of the Housing Society: None

 

  1. Recent News (Print, Electronic, Social Media) in Favour and Against: None

 

  1. Other Applicable After-Sale Charges
    1. Monthly and Annual Fees for residents: None
    2. Transfer Fees charged by Society: 200,000/- for 1 kanal
    3. Other means of earning for Society: No