Where is State Life's Phase II headed?

State Life's Phase II has become a bone of contention between the society’s management and members. Recently, the management held a ballot to allot 10-marla alternate plots in Phase I to some owners of 1-kanal plots in Phase II. The allotted plots will supposedly be developed within 18 months, but allottees have to pay PKR 800,000 as development charges. Now, the management has rolled out another notice in local publications to summon members to a meeting scheduled for 9:00 am on May 15, 2016 at the State Life office in Phase IV, DHA. According to the notification, decisions regarding the future of Phase II will be taken during this gathering. Members will be asked to approve Phase II’s name change to Phase I Extension. Honestly, I don’t understand the reason behind this change. The notification explicitly states the State Life does not have the required land for Phase II. So, the approval of members will be sought for the allotment of plots in the following manner: Fourteen-marla plots will be given to members who forfeit 20-marla plots Seven-marla plots will be allotted to members who forfeit 10-marla plots Three-and-a-half-marla plots will be given to members who forfeit 5-marla plots Members will also be asked to approve society’s decision to allot 4-marla commercial plots in Blocks G and J of Phase I against 1-kanal plots in Phase II with an additional payment of PKR 2,000,000 (to be paid in instalments). Furthermore, members will need to approve the allotment of 8-marla plots in Blocks G and J of Phase I against 2-kanal residential plots in Phase II with an additional payment of PKR 4,000,000 (to be paid in instalments). Other matters will also be discussed during the meeting if the society’s president grants permission. I suggest all members of Phase II to attend the meeting and see first-hand what decisions are taken. You have an opportunity to interact with the management, so make use of it and freely discuss your issues.

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