Guide
Faisal Town Phase 2 Payment Plan 2026
This guide explains payment terms and arithmetic; it is not a price quote or financial advice.
Overview
As of October 2026, the payment plan Milkiyat has on record for Faisal Town Phase 2 is a 4.5-year schedule of up to 18 quarterly installments on residential plots, with up to 20% off for paying in full. That discount has a simple consequence. A buyer who chooses installments pays about 25% more than a buyer who pays cash.
Spread over the schedule, that premium works out to roughly 13% a year, against a State Bank of Pakistan policy rate of 11.5%. This article sets out the plan, the arithmetic for each plot size and the questions to ask before choosing between cash and installments. Plots currently on offer are on the Faisal Town Phase 2 marketplace page.
A payment plan is only as safe as the approval behind it. The scheme's RDA NOC is still pending, so every figure here carries that risk. Prices are developer figures as recorded in Milkiyat's Faisal Town Phase 2 guide, updated 3 October 2026. Confirm every number with the sales office before you pay. Our Faisal Town Phase 2 NOC guide explains the approval position.
What the plan looks like in October 2026
Residential: 4.5 years, up to 18 quarters
Residential plots are sold on a down payment followed by up to 18 quarterly installments over about 4.5 years. The developer revised prices upward in 2026, and the older introductory pricing windows are closed. Buyers who pay the full amount up front get up to 20% off, with immediate file transfer processing.
"Up to" matters. The discount and the number of installments can differ by block, so get your block's schedule in writing.
Residential prices by plot size
Faisal Town Phase 2 residential prices by plot size, October 2026
| Plot size | Dimensions (ft) | Installment price (PKR) | Est. down payment (PKR) | Price per marla (PKR, approx.) |
|---|---|---|---|---|
| 5.56 marla | 25 × 50 | 3,975,000 | 725,000 | 714,900 |
| 8 marla | 30 × 60 | 5,540,000 | 960,000 | 692,500 |
| 10.89 marla | 35 × 70 | 7,260,000 | 1,380,000 | 666,700 |
| 14.22 marla | 40 × 80 | 9,140,000 | 1,650,000 | 642,800 |
| 1 kanal | 50 × 90 | 12,330,000 | Varies by booking | 616,500 |
Source: Milkiyat's Faisal Town Phase 2 guide, updated 3 October 2026, from developer-published plans. Prices are installment-plan totals. Down payments are estimates. Per-marla figures are Milkiyat calculations.
Per-marla prices fall as plots get larger, from about PKR 715,000 for a 5.56 marla plot to about PKR 616,500 for a one-kanal plot. If you are comparing plots for sale in Islamabad across schemes, use the per-marla figure rather than the headline price. Our plot-size guides cover each size in more detail.
Commercial plots: 25% down and tiered discounts
Commercial bookings carry a PKR 60,000 non-refundable registration fee and a 25% down payment. Full lump-sum payment earns a 15% discount, and paying 50% upfront earns 7%. Overseas remittances through banking channels earn a further 3%.
Prices start at roughly PKR 38.3 million for a non-corner 333-square-yard plot in the commercial markaz, which allows basement, ground and six floors. Corner plots on the main boulevard strip are quoted from about PKR 51.3 million. For wider options, see commercial properties for sale in Islamabad. Our commercial plots guide covers rental maths.
If the PKR 38.3 million figure is the installment price, the 15% lump-sum discount brings it to about PKR 32.6 million. That is a 17.6% premium for installments (1 ÷ 0.85 = 1.176), lower than the 25% on residential files.
Payment terms by block: what is documented
What Milkiyat records about payment terms, by block
| Block | What Milkiyat records | What to confirm |
|---|---|---|
| Sector O (Model Block) | Flagship sector, priority for early possession; developer-published payment plan | Whether your plot is cash or installment, and the schedule |
| Overseas Enclave | Zone for the Pakistani diaspora; separate developer-published payment plan | Installment count and frequency, discount, how remittances are credited |
| Commercial (markaz, boulevard strip) | 25% down, PKR 60,000 fee, 15% / 7% / +3% discounts | Installment tenure (not stated in the source) |
| Sectors B, C, D; L, M; T; P, X, Q, R | No block-specific schedule recorded | A written price list and schedule for your sector |
Marketing material does not always agree on how many installments there are or how often they fall due. Do not rely on a dealer's table. Ask for the developer's schedule for your block, with the date on it.
The real cost of installments
Milkiyat.com finding: installments cost 25% more than cash
A 20% cash discount means the lump-sum price is 80% of the installment price. Dividing one by the other gives 1 ÷ 0.80 = 1.25, so installment buyers pay 25% more than cash buyers. The gap in rupees grows with plot size.
Cash price, installment price and implied yearly cost, Faisal Town Phase 2
| Plot size | Installment price (PKR) | Cash price at 20% off (PKR) | Premium (PKR) | Approx. quarterly installment (PKR) | Implied cost per year |
|---|---|---|---|---|---|
| 5.56 marla | 3,975,000 | 3,180,000 | 795,000 | 180,556 | 13.1% |
| 8 marla | 5,540,000 | 4,432,000 | 1,108,000 | 254,444 | 13.0% |
| 10.89 marla | 7,260,000 | 5,808,000 | 1,452,000 | 326,667 | 13.3% |
| 14.22 marla | 9,140,000 | 7,312,000 | 1,828,000 | 416,111 | 13.1% |
| 1 kanal | 12,330,000 | 9,864,000 | 2,466,000 | Not calculated (down payment varies) | Not calculated |
For a 5.56 marla plot, the cash price is PKR 3,180,000 and the installment price is PKR 3,975,000. The difference is PKR 795,000. On an 8 marla plot it is PKR 1,108,000, and on a 10.89 marla plot it is PKR 1,452,000.
These are Milkiyat computations from developer figures. They assume the 20% discount applies to your block, so confirm the current rate before relying on them.
What that premium means per year
The installment plan finances the cash price minus the down payment. On a 5.56 marla plot that is PKR 3,180,000 minus PKR 725,000, or PKR 2,455,000. The buyer repays PKR 3,250,000 (the installment price minus the down payment) in 18 equal quarterly payments of about PKR 180,556.
The rate that makes those payments equal to the amount financed is about 3.1% a quarter, or roughly 13.1% a year. The four sizes in the table land between 13.0% and 13.3%. The State Bank of Pakistan's policy rate was 11.5% after its 14 September 2026 meeting, so the effective cost of the installment plan sits a little above it.
This calculation assumes equal quarterly payments, a first payment one quarter after booking, the estimated down payments in the table and no extra charges. If your schedule differs, the result changes.
This is arithmetic, not financial advice. Milkiyat is not a financial advisor.
On paper, if your cash would earn less than about 13% a year after tax and risk, the cash price is the cheaper route. But a cash buyer also puts the full amount at risk on day one, while the NOC is pending.
How it plays out for different buyers
- Installment buyers pay an estimated PKR 725,000 down on a 5.56 marla plot and about PKR 180,556 a quarter for 4.5 years. They keep paying into a scheme whose approval status has not changed. The PKR 795,000 premium is the price of spreading the cost.
- Cash buyers save PKR 795,000 on the same plot but pay PKR 3,180,000 at once. That is a larger sum exposed to the approval question from the start.
- Open-file buyers purchase from an existing holder at a market price, not the developer's schedule. Check the seller's papers as closely as the developer's.
- Overseas buyers often cannot inspect the land. The 3% remittance discount is recorded for commercial files. Confirm whether anything similar applies to residential files, and verify the file before sending funds.
Risks to weigh before you pay
- Approval: RDA has stated that a filed or pending application is not formal approval, and that any transaction in an unauthorised scheme is at the buyer's own risk and cost Our guide to verifying a Faisal Town Phase 2 file shows how to check the record.
- Price and schedule changes: prices were revised in 2026 and earlier windows closed. Put the date of the price list on your booking form.
- What the total includes: the source does not say whether the quoted totals include development charges or taxes. Ask in writing. Our guides to possession and other charges and to transfer taxes cover this.
- Development timing: claims about roads and utilities should be checked on site. If you need to move in soon, compare with houses for sale in Islamabad.
- Receipts: every payment should be receipted in the developer's company name.
How to compare a plan before you pay
Ask the sales office these questions, in writing:
- Which block and which schedule apply to my plot?
- What is the total price, and what date is on the price list?
- How much is the down payment in rupees and as a share of the total? For a 5.56 marla plot the estimate is about 18.2%.
- How many installments are there, how often do they fall due and how much is each?
- What happens if I pay late?
- What is the cash discount for my block, and does it apply to my file?
- What do the quoted totals include?
- Will every receipt be issued in the developer's company name?
Common mistakes
Do not pay a booking amount until you have the schedule for your block in writing and have checked approval with RDA.
- Comparing the cash price of one sector with the installment price of another.
- Treating "up to 20%" as a guaranteed discount.
- Using an old price list when earlier introductory windows have closed.
- Judging a plan by the down payment alone.
- Paying a dealer's account instead of the developer's official company account.
FAQs
What is the Faisal Town Phase 2 payment plan in 2026?
Residential plots are sold on a down payment followed by up to 18 quarterly installments over about 4.5 years. Paying in full earns up to 20% off. Commercial files need a 25% down payment and a PKR 60,000 registration fee. Confirm the schedule for your block with the sales office.
How many installments are there?
Milkiyat's record shows up to 18 quarterly installments over about 4.5 years on residential plots. Other sources quote different counts and frequencies, so ask for the developer's written schedule for your block.
How much is the cash discount?
Residential files carry up to 20% off for full payment. Commercial files carry 15% for full payment, 7% for 50% upfront and a further 3% for overseas remittances through banking channels. Confirm whether the discount applies to your block.
How much more do installments cost than paying cash?
About 25% more on residential files. A 20% discount makes the cash price 80% of the installment price, and 1 ÷ 0.80 = 1.25. On a 5.56 marla plot that is PKR 795,000.
What is the yearly cost of the installment premium?
Roughly 13% a year, based on the estimated down payments and 18 equal quarterly installments. The State Bank of Pakistan policy rate was 11.5% after 14 September 2026. This is arithmetic, not advice.
What is the down payment for a 5.56 marla plot?
The estimated down payment is PKR 725,000, about 18.2% of the PKR 3,975,000 installment price. Down payments are estimates, so confirm the exact amount with the sales office.
Is it safe to pay before the NOC is approved?
It carries approval risk. RDA says a pending application is not approval and that transactions in unauthorised schemes are at the buyer's own risk. Check the RDA record before you pay.
Do the prices include taxes and development charges?
The source does not say. Ask the sales office in writing what the quoted total includes, and keep the answer with your receipts.
Where can I see current Faisal Town Phase 2 listings?
Browse the Faisal Town Phase 2 marketplace page for plots currently listed, and compare each asking price with the developer's own rate.