Sub-lease A, B and C are defined in the following paragraphs:
Sub Lease 'A'
The Sub-Lease 'A'/License entitles an allottee/ transferee of a residential plot to obtain
leasehold rights by execution of which an allottee/ transferee will be able to obtain loan from House Building Finance
Corporation or any bank/ financial institution. This will also entitle him/ her to step on the plot and
commence construction after the Building Plans are approved by
This is a 99 years lease executed between Anchorage and the allottee/ transferee.
An allottee/ transferee who obtains this lease will have the leasehold rights of the plot with construction
thereon for about 99 years, renewable after expiry of the said period.
Lease 'C' is again a 99 years lease in respect of commercial plots executed between Anchorage
Islamabad and the allottee/ transferee. By execution of this lease, the allottee/ transferee
obtains the leasehold rights of said commercial
plot with construction thereon for about 99 years, renewable after expiry of the said period.