Capital Smart City Future Developments Holdings (FDH) has stepped forward with a significant announcement aimed at providing relief and fostering renewed trust with its valued Villa Apartment members. Acknowledging the unprecedented challenges faced in recent years, including global economic shifts and the relocation of Villa apartments to the Overseas Enclave Block, FDH has unveiled a “Special Favour” package designed to ease the financial burden of escalation charges and outstanding dues.
The company has expressed deep regret for the impact these unforeseen circumstances have had on its customers, emphasizing its commitment to transparency and member satisfaction. This proactive step underscores FDH’s dedication to ensuring the timely completion of dream homes for all its clients.
Special Discounts on Escalation Charges
FDH is offering substantial discounts on escalation charges, tailored to different payment scenarios:
For Members with 100% Payment (who have paid the complete amount along with massive delay in submission of installments):
- No delay in installments submission: 100% waiver of Escalation Charges
- Up to delayed submission of 10 monthly installments: 50% discount on Escalation Charges
- Delayed submission of 11 to 25 monthly installments: 35% discount on Escalation Charges
- Delayed submission of 26 to 45 monthly installments: 30% discount on Escalation Charges
- More than delay of 46 monthly installments: 25% discount on Escalation Charges
For Members with Pending Dues (who have not paid the complete amount along with massive delay in submission of installments):
- Paid between 80% to 90%: 25% discount on Escalation Charges
- Paid between 71% to 79%: 20% discount on Escalation Charges
- Paid between 60% to 70%: 15% discount on Escalation Charges
- Paid between 50% to 60%: 10% discount on Escalation Charges
Streamlined Process for Pending Dues
To further facilitate members, especially those with pending dues, FDH is allowing these dues to be paid in four quarterly installments. Members are kindly requested to settle their outstanding amounts with the first quarter of escalation charges by September 30th, 2025. This will enable FDH to share a clear and revised delivery schedule, bringing much-awaited clarity to the project timelines.
It is important to note that if payment is not received by the specified date, the matter will be reverted to its previous status or cancellation.
Future Developments Holdings extends its gratitude for the continued trust and cooperation of its members, reiterating its commitment to the timely completion and fulfillment of their dream homes.