This blog will compare the hottest properties in Islamabad right now: Nova City vs The Life Residencia.
Islamabad has witnessed a surge in its real estate market. Domestic and international investors now have the opportunity to invest in housing societies that are sure to yield high returns. Some of our favorites in the past have been Capital Smart City, Islamabad Model Town as well as Lahore Smart City. However, two new societies have taken the city by storm: Nova City and The Life residencia. Scroll for a detailed comparison between the two.
Nova City vs The Life Residencia: Location
The Nova City and The Life Residencia are the housing societies near Islamabad airport. Both of them lie on the route of CPEC and Rawalpindi Ring Road. They are situated there by the developers to assist the schemes economically from both paths. The M1 and M2 motorway passage from the area makes the societies open to people from different cities. Let’s discuss the locations of both of these housing societies in Islamabad. We will then leave it up to you to chose which scheme has the best location among Nova City vs The Life Residencia. Life Residencia location is so that it is 21 kilometers from Fateh Jang City, 38 kilometers from Zero Point, and 20 minutes from the Blue Area, thanks to these roads. What else do you require when you can easily access all areas? Nova City location is about a 21-minute drive from the Islamabad airport and a 31-minute drive from Rawalpindi.
Neighboring Societies
On to the next part of our Nova City vs The Life Residencia debate: what does the neighborhood look like?
Because they are situated in the same locality, they will share the same neighbors. In 2018, the news of an airport relocation made the rounds. It was being relocated to a new location from Chaklala Cant. The real estate analysts predicted that the developers would use the airport as a brand. The prices of land have risen significantly since the airport’s announcement. The local housing communities are like neighbors. Naming a few ones:
The NOC approval is the final stamp of approval that a housing society needs to attract new customers. Even if a scheme with a NOC does not offer many luxuries, people will choose to buy property in it. For the reasons, they are legal and safe. Real estate investments aren’t always lucrative. You could lose money if your investment fails. As a result, it is preferable to lose money in a society that has granted NOC. Then in one where you can expose your money to frauds. Then, this makes for an important facet of the Nov City vs The Life Residencia debate. The Life Residencia is one of the RDA approved housing societies. You will not have to worry about its legal status when investing in it. The Life Residencia NOC approval means that the society fulfills all the requirements to be legal. The potential of profits here is high. The Life Residencia is expected to yield greater profits. It will prevent your money from going into loss as the scams will be restricted. The developers promise to break the news of Nova City NOC approval soon. As the society has all the facilities up to the standard. Plus, Nova City is giving competition to many existing schemes in the area. while we are sure that they will receive their NOC approval in no time, for now, the latter wins this facet of the Nova City vs The Life Residencia debate. Proceed to read about New Lahore Smart City NOC Update
Amenities and Facilities
You might have figured out that these two societies are similar to one another in their location. however, its a whole different story when it comes to the features aspect of this Nova City vs The Life Residencia debate. We’ll give you a short rundown of some of The Life Residencia’s amenities. Inside the walls of the gated community, residents will have access to healthcare and education. In addition, the scheme has shopping areas that would make it easier for people to find everything they need. They will not have to step out of the Life Residencia gates to get daily necessities. The parks and jogging tracks in this green and eco-friendly society would inspire people to live a healthy lifestyle. Broad roads in society can reduce the number of accidents and keep roads from being congested all of the time. Because of the smooth flow of traffic. Life Residencia will also have small dams that will produce electricity for its inhabitants. Finally, the pipelines are buried. As a result, they will be less vulnerable to damages. Compared to this, Nova City will bring some recreational centers along with it, like a zoo, bird aviary, family picnic spots. The kid’s fun zone, skating ring, and cinema in The Nova City will make life so much happening. The Nova City will have food streets that allow the residents have quality food inside its gate. To promote sports, Nova City has different courts and grounds.
Payment Plan and Plot Cuttings
This is perhaps one of the most important aspects of our debate: Nova City vs The Life Residencia. The plots available at The Life Residencia are 5 marlas, 7 marlas, 10 marlas, 12 marlas, and 1 Kanal. It is offering a range of plots with reasonable prices and easy installments. The Life Residencia payment plan states; you can book a plot of any size with a 17.5% downpayment and then pay the rest cash in 12 quarterly installments. Pre-launch prices for Nova City have been revealed. According to the Nova City payment plan, you can reserve a plot there, with a 10% down payment. After 40 monthly payments, you will be able to take possession of the land. 5 marlas, 10 marlas, 1 Kanal, and 2 Kanal plot cuttings are available. Both societies’ payment plans are detailed in Nova City Payment Plan and The Life Residencia. Concluding this Nova City vs The Life Residencia debate, both housing societies aim to provide their residents with the best possible lifestyle. Both of them are able to redefine real estate in Islamabad. Let us know in the comments below which society are you willing to invest in. Interested in investing in either of these? Get in touch with our skilled real estate agents today to get more details.
Bin Chiragh Heights is one of the few quality investment destinations in Bahria Town Phase 7. Located at a premium location, this project offers investors with a range of apartments, commercial shops, and offices as well. Investment in Bin Chiragh Heights means that you are actually investing in your future as this project will provide you with the best returns on your investment.
Furthermore, this project is located in close proximity to the renowned Eiffel Tower monument and this provides the project with some tremendous views on offer. Therefore, apartments for sale in Bin Chiragh Heights Bahria Town are considered to best ones for the purpose of a luxury residence.
This article includes all the details of Bin Chiragh Heights including its location, NOC, and payment plan as well.
Bin Chiragh Heights Payment Plan
The payment plan for Bin Chiragh Heights are reasonably flexible, and provide investors with a chance to book their commercial shops or residential at good rates. In order to book your apartment or shop in Bin Chiragh Islamabad, you have to pay only 20% of the total price and a 10% confirmation payment.
Once these payments are cleared, there are 11 monthly installments that are paid afterwards. The minimum rate for a 1 bed Apartment (424.41 sq ft) on 3rd and 4th floor is around PKR 35 Lacs. The overall rates increase depending upon the floor and the size of the apartment.
For more information, you can contact us on UAN 0330-0625336
Bin Chiragh Heights Location
The location of this project is the most special part about its utility. This project is located very close to the Eiffel Tower which is considered to be the most beautiful feature of Bahria Town Phase 7. Therefore, a project just besides the Eiffel Tower would prove to be a splendid investment destination both in the short terms and the long term as well. You can easily visit the location without any obstruction from DHA as well as Bahria Town’s main gate on GT Road as well. Because of these reasons the Bin Chiragh Heights location is considered to be perfect from both investment and residence.
Bin Chiragh Heights NOC
Bin Chiragh is a completely legal and approved project in Bahria Town Phase 7 Islamabad. Prior to its construction, it was provided with a legal NOC from Bahria Town Administration. Without this No Objection Certificate, no project in Bahria Town can be developed and constructed. Although there is no NOC needed from a government body, but Bahria Town Islamabad itself is a big name in the private real estate sector, and it follows all standards and quality assurance policies.
Apartments for Sale in Bahria Town Phase 8
Bahria Town Islamabad is considered to be a perfect destination for residential purpose. Therefore, the Bin Charagh Developers have decided to build and deliver this project in Bahria Town for this very reason. This aspect provides this project with exclusivity and attractiveness in the ranks of real estate investors around the world.
You can purchase 1 Bed, 2 Bed, and 3 Bed apartments in Bin Chiragh Heights Islamabad based on your own preference. However, the magnitude of profit depends upon the extent to which you are willing to invest in this prolific investment destination in Bahria Town Islamabad.
Makeen Marketing Pvt. Ltd is the best real estate agency in Islamabad, providing investors with hands on real estate advice regarding the best investment destination in Islamabad. We are also dealing in Grand Royal Millennium Heights and Concepts Heights as well. For bookings and details you can contact us at 0330-0625336, or visit our office in PWD Islamabad.
The Life Residencia Islamabad is regarded as one of the most lucrative real estate investment destinations in Islamabad. It is due to its convenient venue, legal legitimacy, NOC approval, and flexible payment options. Furthermore, The Life Residencia Islamabad is built in an environmentally sustainable and natural setting, providing residents with green and safe environment.
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In this article, we will go over all of the Life Residencia details you may be missing out on, and you should be aware of them before all of the plots are sold.
The Life Residencia Developers
The Safe Hand group, which began its journey in 2003, is developing The Life Residencia Islamabad. This company aimed to provide affordable and long-term housing options to residents of Islamabad and Rawalpindi. They have previously built over 50 villas in B-17. Plus, the Abdullah Gardens, which was completed in under three years. The Life Residencia housing society is the flagship project, and it is poised to give them unparalleled real estate success.
The Life Residencia Location
The Life Residencia Islamabad is a new project that is providing investors with a profitable investment option. It is located just 5 kilometers from the New Islamabad International Airport. The Life Residencia location is in close proximity to both M1 and M2 motorways, making it open to travelers from both within and outside the area. The main entrance is on Rama Road near the national highway, and it is only a 25-minute drive from Zero Point and Blue Area Islamabad. The Life Residencia map indicates its location and gives us insight into the housing society’s access points.
Therefore, we can claim that The Life Residencia Islamabad housing society is a famous investment destination in Islamabad because it is connected to all major areas of Pakistan’s capital city.
Residents of this housing project will find it highly convenient to travel intra-city as well as intercity.
The Life Residencia Housing Society is a government-approved project that is entirely risk-free to invest in. This project has received RDA‘s PP-1 approval, demonstrating that it is legal and providing investors with complete trust in their investment. Furthermore, half of the project’s land is in TMA Attock, and the housing society has received all necessary NOCs for its development.
Access Points of The Life Residencia Islamabad
Right now, we will help you understand how accessible is The Life Residencia Islamabad so that you know its potential to yield profits. Look over the list to get a better idea of what this project entails.
5 minutes away from Islamabad International Airport
The Life Residencia development status is that it is still in its development phases. Modern machinery has been deployed at the site to start building the roads and streets. The Life Residencia Master Plan allows a person to expect that 5 blocks are to be built: A, B, C, D, and Phatta Block. The area for Life Villas and District 360 (The Life Residencia commercial area) is allocated separately. If the demand for The Life Residencia Islamabad plots rises in the future, society will expand. A mini-golf course is also the part of Master Plan. The location has The Life Residencia site office as well. You can be well aware of the development process there through The Life Residencia official website.
Total Land and Plot Cuttings
The owners and developers of The Life Residencia Islamabad claim to own over 10,000 Kanal of land that they will build and sell. These 10,000 Kanal of land have plot cuttings in Marlas and Kanals.
5 Marla (25 X 50)
7.2 Marla (30 X 60)
10 Marla (35 X 70)
13 Marla (40 X 80)
1 Kanal (50 X 90)
The NOC guarantees that all plot cuttings are legal and that The Life Residencia owners are free to develop the land. Makeen Marketing can help you buy The Life Residencia plot for sale.
The Life Residencia Payment Plan
The Life Residencia installment plan is structured to give investors complete flexibility so that they can pay off their installments without feeling pressured. You can easily reserve your Life Residencia 5 Marla plotfor PKR 420,000, which is 17.5 % of the total price. The total price is PKR 2,400,000.
Here is the complete The Life Residencia Islamabad Payment Plan:
5 Marla plots for sale (25 x 50 Square Feet)
Complete Price = PKR 2,400,000
17.5 % Down payment = PKR 420,000
12 Quarterly Installments= PKR 165,000
On possession= PKR 165,000
7.2 Marla Plots for Sale (30 x 60 Square Feet)
Complete Price = PKR 3,600,000
17.5 % Down payment = PKR 540,000
12 Quarterly Installments= PKR 190,000
On possession= PKR 190,000
10 Marla Plots for Sale (35 x 70 Square Feet)
Complete Price = PKR 4,200,000
17.5 % Down payment = PKR 630,000
12 Quarterly Installments= PKR 220,000
On Possession= PKR 220,000
12 Marla Plots for Sale (40 x 80 Square Feet)
Complete Price = PKR 5,000,000
17.5 % Down payment = PKR 750,000
12 Quarterly Installments= PKR 260,000
On Possession= PKR 260,000
1 Kanal (50 x 90 Square Feet)
Complete Price = PKR 6,200,000
17.5 % Down payment = PKR 930,000
12 Quarterly Installments= PKR 320,000
On Possession= PKR 320,000
Book your plot now with Makeen Marketing as it is a Life Residencia authorized dealer and get discounts.
Booking Process of the Plots
You’ll be convinced to purchase a plot in The Life Residencia Islamabad by now. So, let us explain how you can book your plot in this here.
Fill the Life Residencia booking form on Makeen Marketing’s website.
Attach 1 copy of CNIC and 1 passport size picture with the form
Pay the initial amount or the down payment required to book your plot.
After the payment, you will have the Life Residencia plot file in your hand within 2 weeks.
Why Invest in The Life Residencia?
The Life Residencia Islamabad is a new housing society in Islamabad that offers investors the opportunity to maximize their investment returns. This is due to the fact that this project offers plots for sale in Islamabad on installments, making plot booking very affordable.
You can pay for your plots in simple monthly installments and benefit handsomely in the long and short term. Makeen Marketing Pvt. Ltd will help you invest in The Life Residencia housing society, and we can also provide you with the best real estate consultancy on your purchase. Plot prices in The Life Residencia Islamabad will increase in a few years.
Makeen Marketing Pvt. Ltd is your all-in-one real estate agency in Islamabad that is providing investors with the best investment options in the twin cities. We are the authorized dealers of The Life Residencia Islamabad and we are providing investors with the best investment options in Islamabad. We are offering plots for sale in The Life Residencia, Fateh Jang along with other plot sizes as well. You can call us at 0330-0625336, or visit our office at Plaza D1, PWD Islamabad.
The China-Pakistan Economic Corridor, otherwise known as CPEC, is one of the most prolific economic collaborations between China and Pakistan over the years. CPEC Pakistan is essentially an amalgamation of different infrastructure projects throughout Pakistan.
The CPEC project commenced in 2013 and has made tremendous strides in uplifting Pakistan’s economy— it brought in large FDIs from all over the globe. Recently there has been some talk of how the CPEC project would affect the real estate sector in Pakistan. This article will help explain just that.
According to a paper published by the Harvard International Development Research Department, in the next decade, Pakistan will be one of the most elevated areas in Asia. Its annual rate of development is said to rise by 5.07%. This uplift is attributed to the construction and development of the CPEC project.
As a consequence of this economic boom, there will be demands for more and better accommodation in the country. The purchasing power of citizens will increase— they will have more money to invest in land assets. Perhaps will witness this boom in its truest form once the road belt is complete and becomes functional.
There has been quite a push from the CPEC committee for the swift construction of airports at key points along the CPEC belt. One of these being Gwadar— arguably one of the most strategic points on the CPEPC route.
Land Value
Since the construction of the CPEC project, market analysts have tracked an upward trend in the value of the surrounding land. Both real estate investors, as well as contractors, have seen an ingress of commercial hubs in the vicinity.
Over the last couple of years, we have witnessed a mushrooming of housing projects along the CPEC route. Some of our favorite ones are Nova City, Blue World City, as well as Capital Smart City.
The reason why so many real estate tycoons are clamoring for land near the CPEC route is because of the strategic position it offers these real estate schemes. Via the CPEC route, these housing projects will have increased accessibility to different areas as well as the social and economic hubs being developed near the economic project.
As we mentioned earlier, CPEC is a joint economic venture between China and Pakistan. This means it will ultimately lead to an influx of Chinese immigrants as well as tourists. The more people, the more accommodation will be required for them. From the real estate stand-point, we have hit a goldmine.
Some housing projects have the foresight to accommodate for the inflow of tourists— Blue World City has been working on the construction of landmarks that will double as tourist spots. Some examples of this could be the construction of a Blue Mosque replica as well as a Burj Al Arab replica.
Furthermore, the real estate project is set to construct the largest horse mascot in the world— something that is sure to become a popular tourist spot. Thus, these two factors under CPEC will contribute immensely to the growth of our real estate sector.
In conclusion, the CPEC project is turning to be a game-changer for the real estate sector in Pakistan. It still has a while to go before it is fully completed— it’s already bolstered the real estate sector. We can only imagine how great it will be once the CPEC project is complete.
Makeen Marketing is a rapidly advancing real estate firm. We operate from two locations in Islamabad: PWD and F-11. We also have a site office at Chak Shahzad where our dedicated and resourceful real estate agents are ready to help you. We guarantee our client’s tailor-made real estate solutions. Sit back and relax while we put in all the work into finding you your perfect home. For more information, email us at Info@makeenmarketing.comor callus at 0330-0625336.
This article highlights the Lahore Smart City booking process and gives you a little background into why this is one of the foremost real estate projects in Pakistan.
It seems as though Lahore Smart City has seen a string of good fortune. The housing society achieved its NOC status from the Lahore Development Authority (LDA) in mid-February 2021. Since then, we have seen an influx of queries from potential clients who are blown away by the number of amenities offered by the housing society and its affordable prices.
Today, we received the news that the Lahore Smart City booking process will be in full swing by 24th March 2021. We are quite impressed by how far the housing society has come in just a matter of time. This is a testament to the legitimacy of Lahore Smart City.
We would like to mention to our readers that the Lahore Smart City booking process is only for 5-, 10- Marla as well as 1 Kanal plot cuttings. Please note that the housing society will not be providing anyone with a quota and, as it stands, the bookings will be conducted on a first-come, first-served basis.
It is also to be noted that while this offer stands for 7 working days (after the 24th of March) the booking process may end sooner if the plots sell out quickly.
Click here if you’re interested in finding out more about this up-and-coming real estate goliath. For more information, contact us at Makeen Marketing, and we’ll provide you with all the modern-day real estate solutions you need.
About Lahore Smart City
Lahore Smart City is the second smart city to ever be constructed in Pakistan. Like its counterpart in Islamabad, the housing society is sponsored by HRL. This association adds a lot of credibility to Lahore Smart City’s name.
LSC offers its investors a host of different amenities designed to raise their standard of living. This is inclusive of smart technology such as ICT. This helps you stay connected to your homes through your mobile device. Because of all these amenities, the housing society is quickly rising to acclaim.
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