The management of Kingdom Valley Islamabad announced its first balloting for 28 May 2023, publishing the news on its official page. At a balloting, investors who have booked plots are allocated specific plot numbers in their block. According to the announcement, possession was to follow around six months after the ceremony.
Why the balloting mattered
The announcement was presented as the developer meeting a commitment to investors. A balloting is often expected to support development activity and attract further interest in a project; the source also suggested plot prices could rise afterwards, though that is never certain.
Who was eligible
To be included in the 2023 balloting, investors needed to have paid 95% of their plot’s amount by 20 May 2023. Those unable to pay the full balance could use the Kingdom Valley Discount Form (KDF) towards their installments.
What is the KDF?
The Kingdom Valley Discount Form was a scheme under which each form, bought for PKR 20,000, was credited as PKR 25,000 against the buyer’s installment ledger. The number of forms that could be bought was fixed by plot size — no more and no fewer.
| Plot size | Number of KDFs | Amount paid | Discount | Ledger adjustment |
|---|---|---|---|---|
| 3.5, 4 or 5 Marla | 4 | 80,000 | 20,000 | 100,000 |
| 8 or 10 Marla | 6 | 120,000 | 30,000 | 150,000 |
| 1 Kanal | 8 | 160,000 | 40,000 | 200,000 |
| 4 Kanal | 10 | 200,000 | Not stated | Not stated |
| 8 Kanal | 12 | 240,000 | Not stated | Not stated |
Following the same ratio, 10 and 12 forms would correspond to adjustments of PKR 250,000 and PKR 300,000, but the source did not state these figures — confirm with the developer. For more detail, see our article on the Kingdom Valley Discount Form.
What it means for buyers
- Existing buyers needed to reach the 95% payment threshold to be included in the ballot.
- New buyers could book a plot and work towards eligibility for a later balloting.
- Before paying, confirm the current balloting schedule, eligibility rules and any discount scheme in writing.
Learn more about the society’s approval status and how to book a plot in Kingdom Valley.
Frequently asked questions
The first balloting was announced for 28 May 2023.
This article is for general information only and is not financial or legal advice. Prices, approvals and project details change — verify with the developer and relevant authority before making any payment.
- Kingdom Valley
- Balloting
- 2023
- KDF
- Rawalpindi
