You will be curious that what is all the hype about Nova City Islamabad. Why is it the hot topic these days? Nova City Islamabad is a new addition to real estate venture in Islamabad. Surprisingly, this real estate project is the new favorite of the real estate investors. And it is yet to launch. Scroll down to read more about this project and why you should invest in it.
Read about a comparison of Blue World City and Capital Smart City.
Favorable and Convenient Location
The Nova City location is the prime factor that drew the attention of the investors. The Nova City is adjacent to the Islamabad International Airport. The Nova City map reports the scheme to be just next to CPEC – Rawalpindi Ring Road Interchange. The intersection point of both the routes stations Nova City. The Ring Road Rawalpindi is going to be operational in May or June 2021. When serviceable, the society will be accessible to people from different cities. The travelers will cross the area and will have more awareness about it. So, the demand for the plots in Nova city will rise.
The expectation is that the demand then will rise in the future because of society’s location. The plots of Nova city would be limited. To encounter the mismatch of the demand and supply, the Nova City Islamabad plots’ prices will rise.
The increasing prices mean that the plots of Nova City will be available to the new investors at premium rates. The existing holders of the plots will sell them to earn profits. It will ultimately make the investments of the investors fruitful.
The passage of the CPEC road from the area will help to generate employment opportunities for the residents. So, income will be generated within the area. It will contribute to the improved standard of living of the people. Hence, the benefits of its location are economical.
Affordable Payment Plan
It is the right of every potential customer to know about the prices of a product. Taking into consideration the right of the customers, the NovaCity authorities have published their pre-launch prices. The competitive and convenient rates are a reason to invest in Nova City Islamabad. Take a look at the Nova City paymentplan.
- 5 Marla costs PKR 1,995,000
- 10 Marla costs PKR 3,750,000
- 1 Kanal costs PKR 7,250,000
- 2 Kanal for PKR 14,200,000
Easy Booking Process
The method of booking a plot in Nova City Islamabad is kept as simple as possible. You can reserve a plot by paying a 10% deposit on the plot’s cost. To book a 10 Marla plot, for example, you will need to pay PKR 375,000 upfront.
You must pay an extra 10% to secure your reservation. It’s the same as the down payment.
It must be made within 45 days of the down payment. Otherwise, your reservation will be canceled, and you will be refunded 75% of your payment.
The rest of the payment can be made in 40 easy monthly installments after the Nova City plot booking.
The pre-launch process of Nova City Islamabad is currently underway. The labor force has been recruited to begin the construction process. Which will be seen shortly. However, Nova City’s infrastructure has been built. The Nova City internet services are part of the city’s infrastructure. The project’s site has been wired with high-speed fiber-optic internet cables.
For customer assistance, the authorities have set up a Nova helpline and an email address.
We’ll go over some of the notable amenities that the gated community of Nova City Islamabad offers.
- Nova City aspires to provide high-quality education to its people. Nova City founded its educational institution, Nova City School, for this reason.
- Nova City housing scheme strives to cultivate a healthy and luxurious lifestyle. It will have a basketball court, tennis court, and other grounds to achieve this aim. Here, residents can keep in shape and stay busy.
- Nova City’s existing infrastructure includes broad roads that allow for a smooth flow of traffic. As a result, noise pollution and traffic congestion is reduced.
- The commercial centre of Nova City Islamabad will try to have every shop for the residents’ convenience.
- Family spots such as zoos, bird aviaries, bowling alleys, cinemas, food streets, and skating rinks will enable residents to spend quality family time.
No Objection Certificate (NOC)
NOC is a document that proves the people pooling their money that the housing society is legal. And has the authority to develop a particular piece of land.
The developers claim that they will soon have the legality approval by the relevant authorities in their hands. The documents for Nova City NOC are with the authorities and verification news will circulate shortly.
In conclusion, we tried summarizing what the Nova City Islamabad has to offer. If you have more information regarding it, share with us. And, leave your feedback in the comments.
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