Zedem International has announced the balloting for Faisal Town Phase 2 will take place on May 12, 2024. The Faisal Town management cleared that at least six installations must be paid to participate in the balloting.
The Ballot process took longer, earlier May 5, 2024 date was announced by the management, which was revised later on.
Over a year, the project faced several objections from the Rawalpindi Development Authority (RDA) regarding its illegal status. However, things appear to be on the right track for now.
We’ve published a detailed article on the Faisal Town Phase 2 Project, where it’s located, plot prices, and the upcoming overseas block.
The real estate business in Pakistan has suffered the most due to inflation and uncertainty. The real estate agents find it difficult to convince customers to invest in any new projects.
It appears the trend of investment in property files days is gone, practically the construction cost is double now, and the uncertainty of Pakistan’s economic situation may persist for the next few years.
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