1. One Application Form to be used for booking of one Plot only.

2. All Applicants will attach photocopy of CNIC/ Overseas National Identity Card/ Passport Size Photograph. 3. Applicant shall not be paid interest/markup on deposited amount.

4. Plots are transferable, however transfer of Allotted Plot shall be allowed after receipt of full payment

5. Transfer fee @ 4% of Plot Price will be charged at the current rate and subsequently approved by BOD, PIEDMC.

6. All payments are to be made according to the category/size of Property/Plot, as per schedule of payments, through Demand Draft/Pay Order, in favor of "PIEDMC".

7. Submission of Application Form is not the confirmation of Plot Allotment.

8. Plot once allocated can be surrendered and the amount deposited shall be refundable after 10% deduction of the total paid price.

9. Plot once allocated can be cancelled if terms and conditions of PIEDMC, as may be determined by PIEDMC from time to time, are not complied with.

10. PIEDMC Bye-Laws for Commercial Plots will apply.

11. PIEDMC reserves the rights to allot/sell a Property/Plot surrendered by an Allottee. The decision shall not be challenged at any forum.

12. Construction shall commence within 3 months from the date of Plot possession or execution of Agreement to Sell, whichever is earlier.

13. The project shall be completed within 36 months from the date of Plot possession or execution of Agreement to Sell, whichever is earlier.

14. Any Violation of Pre-Conditions, Bye-Laws and/or Building Regulations of PIEDMC may result in cancellation and/or penalties as per Bye-Laws.

15. Allottee will be bound to take Plot possession and to execute Agreement to Sell within fourteen (14) days of being informed about the same in writing by PIEDMC.

16. No Plot No. will be issued/confirmed until 100% payment is received.

17. Non Utilization Fee (NUF) at Rs. 8,000 per month / Marla will be charged if customer does not complete the project within timeline.

18. These terms & conditions will be applied across the board.

I Accept Terms & Conditions of PIEDMC

Application For Industrial & Commercial Land

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