FPCL Land Acquisition.pptxgggggjjjjjjjjj
- 1. 1
- 2. Land Acquisition at Dhabeji for FPCL
- 3. BackGround • Acquisition of land was decided by the Management in year 2015 • Dhabeji area was selected with a target of 1200 Acre land • Due to budgetary constraints purchasing was restricted • Agreements were made with 8 Sellers for 294 Acre of land • Registry was made of three plots • Partial payments were made to some of the Sellers • In 2016 Supreme Court cancelled all allotments in the area and ordered for Reconstruction of records
- 4. Current Situation: Sr. No Owner Acre Agreement Rate Paid Amount Balance Amount Remarks 1 FFBL (Iqal+Anwar) 8 (4+4) 650,000 5,200,000 Nil Registry done in FFBL name. Survey Numbers allotted Reconstruction of Record required at FFBL cost 2 Zahoor 33 70,000 2,300,000 Nil Registry done in FFBL name. Reconstruction/Survey Numbers required at FFBL cost 3 Niazi 131 (61+70) 150,000 19,650,000 7,600,000 Registry done in FFBL name. Reconstruction/Survey Numbers required at FFBL cost 4 Ajab 33 150,000 1,700,000 3,250,000 Reconstruction/Survey Numbers required at FFBL cost 5 Allah Dino 41 (16+25) 650,000 Nil 26,650,000 Reconstruction/Survey Numbers at FFBL cost 6 Muzzafar 48 1,300,000 Nil 62,400,000 Cost of Documentation/Reconstruction/Survey Number included 7 Total 294 28,850,000 99,900,000
- 5. Front 3100 FT NOT FOR SALE FFBL Allah Dino NOT FOR SALE 8 Acre 41 Acre Qureshi Sultan Siddiqui 40 Acre (Iqal & 100 Acre Boundary wall Awar) In FFBL Possession Boundary wall Muzzafar Ali - A 48 Acre In FFBL Possession Zahoor 33 Acre In FFBL Possession Ajab Khan 33 Acre In FFBL Possession National Highway NIAZI 131 Acre (61+70 Acre ) In FFBL Possession Niazi 105 Acre Niazi 26 Acre
- 6. Purchase of File • A valid file available for 100 Acre @ 1,500,000 shall be purchased • Total Amount 150,000,000 • Price includes Documentation, Reconstruction and Survey No. allocation • Deployment Plan for 100 Acre: 1. Allah Dino - 41 Acre 2. Niazi - 26 Acre 3. Ajab - 33 Acre
- 7. Reconstruction & Survey Sr. No. Owner Acre Documentation and Survey Exp Remarks 1 FFBL (Iqal+Anwar) 8 (4+4) 2,400,000 Registry done in FFBL name. Survey Numbers allotted 2 Zahoor 33 9,900,000 Registry done in FFBL name. Reconstruction/Survey Numbers allotment at FFBL cost 3 Niazi 131 (61+70) 39,300,000 Registry done in FFBL name. Reconstruction/Survey Numbers for 105 Acre at FFBL cost 4 Ajab 33 Nil File will be surrendered with no further claim 5 Allah Dino 41 (16+25) Nil File will be surrendered with no further claim 6 Muzzafar 48 Nil Amount includes complete documentation in FFBL name 7 Zulfiqar (File) 100 @ 1,500,000 150,000,000 Nil File of 100 Acre Available. All documentation along with Survey Nos. shall be completed by the Seller within the amount as per following allocation: 1. Allah Dino - 41 Acre 2. Nazi - 26 Acre 3. Ajab - 33 Acre 8 Total Amount 150,000,000 51,600,000
- 8. Financial Summary Total land acquisition 294 Acre Paid Amount 28,850,000 Immediate Payment Required 35,000,000 Overall Expected Expense 400,000,000 Cost per Acre 1,360,000 Current Market Avg Rate 20,000,000 Overall Value of the Land 5,880,000,000 Net Saving 5,480,000,000
- 9. Achievements: • All land in FFBL possession (294 Acre) shall be regularized • The land will have 3100 ft front at National Highway • All claims/dues/disputes shall be settled • Total investment Rs. 400,000,000 • Current rate of the land Rs. 20,000,000 • ROI within 6 months approx. Rs. 5.5 Billion
- 10. Threats: • DC has allotted around 40 Acre land within FPCL Site • FPCL ownership does not exist since Reconstruction and regularization not done for any of the portion of the Land • Due to escalated market price the land is attractive for various interested parties • The Owners may approach the Court for the unpaid amount • Due to the demise of some of the Owners, availability of original documents is a difficult task • FPCL may loose alongside the road prime land in case of no action taken for settlement
- 12. Schemetic View
- 13. Thank you
Editor's Notes
- #1: Bismillah in white