SubLeaseCatagories
Sub-lease A, B and C are defined in the following paragraphs:
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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
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Sub-Lease 'B'
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.
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Sub-Lease 'C'
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.