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The Souk Payment Plan: 5-Year Installments Explained

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The Souk Payment Plan: 5-Year Installments Explained

The Souk’s 5-Year Easy Payment Plan lets you buy a studio, apartment, or shop. You pay 10% at booking, 10% at confirmation, 10 bi-annual installments of 4% each, 50 monthly installments of 0.6% each, and 10% on possession. Prices exclude category charges, and taxes and government duties are extra. 

Buying a property is a big decision, and the way you pay for it matters as much as the price. That is why we designed The Souk Payment Plan: a simple, staged way to own a studio, apartment, or shop at Islamabad West, Near Airport Road, Adjacent To Mumtaz City without paying everything at once.

Here you will read about how the plan works, what you pay at each stage, and what to confirm with our team before you book, so you always know your full commitment from day one.

The Plan at a Glance

The Souk’s 5-Year Easy Payment Plan is made up of 50 monthly installments and 10 bi-annual installments, along with booking, confirmation, and possession payments. All prices are in PKR and are quoted without category charges.

StageShare of total priceHow it is paid
Booking10%At the time of booking
Confirmation10%At confirmation
Bi-annual installments40%10 payments of 4% each
Monthly installments30%50 payments of 0.6% each
Possession10%At handover
Total100%

In simple terms: you pay 20% upfront (booking and confirmation), spread 70% over five years, and pay the final 10% when you receive possession.

Your Booking Amount

The booking amount is 10% of your unit’s total price, so the exact figure depends on the unit you choose. For example, booking a studio costs PKR 693,600, while booking a lower ground shop costs PKR 250,000.

Taxes and government duties are payable in addition to the unit price, and category charges are not included in the prices shown below. Please ask our sales team for the full amount for your chosen unit.

Payment Plan by Unit Type

Every payment is calculated from the total price of the unit, which is the area multiplied by the rate per square foot. Here are the complete figures for our apartments.

Apartments

Studio1-Bed2-Bed5th Floor Service Apartment
Area (sq ft)408664931408
Rate per sq ft (PKR)17,00017,00017,00025,000
Total price (PKR)6,936,00011,288,00015,827,00010,200,000
Booking, 10%693,6001,128,8001,582,7001,020,000
Confirmation, 10%693,6001,128,8001,582,7001,020,000
Bi-annual, 4% (10 payments)277,440451,520633,080408,000
Monthly, 0.6% (50 payments)41,61667,72894,96261,200
Possession, 10%693,6001,128,8001,582,7001,020,000

Shops

Lower Ground (LG)Ground Floor (G)Mezzanine (M)First FloorSecond Floor
Area (sq ft)5080707050
Rate per sq ft (PKR)50,00055,00050,00045,00055,000
Total price (PKR)2,500,0004,400,0003,500,0003,150,0002,750,000
Booking, 10%250,000440,000350,000315,000275,000
Confirmation, 10%250,000440,000350,000315,000275,000
Bi-annual, 4% (10 payments)100,000176,000140,000126,000110,000
Monthly, 0.6% (50 payments)15,00026,40021,00018,90016,500
Possession, 10%250,000440,000350,000315,000275,000

A Worked Example: Ground Floor Shop

Let’s follow one unit from start to finish. A ground floor shop of 80 sq ft at PKR 55,000 per sq ft has a total price of PKR 4,400,000. Here is what you would pay:

PaymentAmount (PKR)
Booking (10%)440,000
Confirmation (10%)440,000
10 bi-annual installments of 176,0001,760,000
50 monthly installments of 26,4001,320,000
Possession (10%)440,000
Total4,400,000

So after the upfront payments, your regular commitment is PKR 26,400 per month plus PKR 176,000 every six months. Knowing these numbers in advance makes it easy to plan your budget.

What Is Not Included in the Prices

To help you plan with no surprises, please keep these points in mind:

  • Prices are shown without category charges. Our team can tell you which charges apply to your unit and the amount in rupees.
  • Taxes and government duties are payable in addition to the unit price.
  • Payment terms can vary depending on the unit, floor level, and category you select, so always confirm the schedule for your specific unit.

How to Buy a Commercial Shop on Installments in Islamabad

Buying on installments means paying in stages instead of all at once. It lowers your entry cost, but it is still a full commitment, so it helps to follow a clear process:

  1. Choose your unit and confirm its exact area and total price.
  2. Review the payment schedule and work out your total outlay, including taxes, duties, and any category charges.
  3. Ask about approvals and request confirmation of project approvals from the relevant authority.
  4. Get your unit’s terms in writing from our sales team.
  5. Pay only into official Souk accounts and keep every receipt.

Questions to Confirm With Our Sales Team Before Booking

Before you book, we encourage you to ask for the following in writing. It keeps everything clear for you and for us:

  • Your unit number, floor, and exact area
  • The total price and everything it includes or excludes
  • Taxes, duties, and category charges in rupees
  • The full installment calendar with due dates, including when the confirmation payment is due
  • What happens if a payment is delayed
  • The possession timeline and its conditions
  • Project approvals

We also recommend having a lawyer review your booking terms. It is a normal and sensible step for any property purchase.

A Note on Planning Your Purchase

No payment plan can guarantee rental income, resale value, or price appreciation, and property values can go down as well as up. Choose a plan that fits what you can comfortably commit to over the full five years.

FAQs

What is the booking amount at The Souk?

The booking amount is 10% of your unit’s total price. For example, it is PKR 440,000 for a ground floor shop priced at PKR 4,400,000, and PKR 693,600 for a studio priced at PKR 6,936,000. Taxes and any applicable charges are additional, so please confirm the full amount for your unit with our sales team.

How many installments are there, and how often are they paid?

There are 50 monthly installments of 0.6% each and 10 bi-annual installments of 4% each. These are in addition to the booking, confirmation, and possession payments. Our team will share the written schedule with exact due dates for your unit before you pay.

Are prices fixed after booking?

Prices shown are without category charges, and taxes and government duties are payable extra. Terms can vary by unit, floor level, and category. Before booking, please ask our sales team to confirm in writing your unit’s price and which charges are additional.

Which units can I buy on this plan?

The 5-Year Easy Payment Plan is available for studios, 1-bed and 2-bed apartments, the 5th floor service apartment, and shops on the lower ground, ground, mezzanine, first, and second floors.

Know Your Plan Before You Book

The Souk payment plan spreads your purchase across five clear stages, and it works best when you know your total commitment from the start. Choose your unit, ask for your written schedule, and book when every figure is clear to you. Our sales team is happy to walk you through the numbers.

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