Booking Amount Only 295000 Become Owner Of 5 Marla Plot In Phase 4
New Lahore City, Lahore, Punjab
5 Marla
Overview
Details
- TypeResidential Plot
- PricePKR20.95 Lakh
- LocationNew Lahore City, Lahore, Punjab
- Bath(s)-
- Area5 Marla
- PurposeFor Sale
- Bedroom(s)-
- Added4 years ago
Description
The New Lahore City, a flagship project by Zaitoon Group, is bringing a new project forward that won’t be too hard on your pockets, but will satiate your property needs.
This Booking will be located in New Lahore City’s Phase Iv, and has on offer 5- and 10-Marla residential plots, which can be acquired on Fourty Two Month installments. You can book a plot in Phase Four by paying a 14% down payment. And if you pay the full amount in one go, you can avail a discount of 10% on the total amount payable.
The complete payment plan is as follows:
Plot Type Total Price Down Payment 42 Monthly Installments 7 Bi-Annual Installments
5 Marla PKR 20,95,000 PKR 295,000 PKR 29,500 PKR 80,142
10 Marla PKR 39,95,000 PKR 595,000 PKR 59,500 PKR 128,714
The payment plan spans Thirty Month, which means that the developer will probably complete the project within this timeframe. According to a source, the Zaitoon Group has already acquired the required land for the project. Moreover, even though the Lahore Development Authority (LDA) has approved the project, the master plan has not yet been shared with the public. I think that the developer will make it available once balloting has taken place.
But why should you invest? For starters, if you have a smaller budget then this is one place that might get you big returns. the average price of 5-marla plots in the locality increased 47.63% and that of 10-marla plots increased 49.21% in 2016. A Lahore Ring Road (LRR) interchange is to be developed near New Lahore City. Once the LRR project is completed, prices will only shoot up further.
Possession of plots in Phase II
According to my sources, Zaitoon Group offered possession of 2,000 plots in Phase II . If the patterns are to be believed then I think the developer might deliver Platinum Enclave within the next four years. The society is located very close to Bahria Town, despite which the prices on offer aren’t that high. Moreover, with Platinum Enclave, the rates are extremely enticing, and not to be missed out on.
Development status
New Lahore City’s Phase II is currently being developed. However, Phase III is yet to see any progress in terms of infrastructure development. My sources have also said that previous landowners are waiting for the wheat crop to ripen before they hand over the land to Zaitoon Group. Once this happens, development work in Phase III is expected to speed up.
Considering Zaitoon Group’s track record, I believe interested investors and genuine homebuyers should consider Platinum Enclave. Since the developer is already advertising the project, the booking price may see an escalation in the coming days, which means that this is the right time to make a move.
Suggestion: Do visit the society before making things official and signing any documents. Let me know in case you need further information about the project Contact Us:
Moon Estate & Advisore
Authorised Dealer New Lahore City
This Booking will be located in New Lahore City’s Phase Iv, and has on offer 5- and 10-Marla residential plots, which can be acquired on Fourty Two Month installments. You can book a plot in Phase Four by paying a 14% down payment. And if you pay the full amount in one go, you can avail a discount of 10% on the total amount payable.
The complete payment plan is as follows:
Plot Type Total Price Down Payment 42 Monthly Installments 7 Bi-Annual Installments
5 Marla PKR 20,95,000 PKR 295,000 PKR 29,500 PKR 80,142
10 Marla PKR 39,95,000 PKR 595,000 PKR 59,500 PKR 128,714
The payment plan spans Thirty Month, which means that the developer will probably complete the project within this timeframe. According to a source, the Zaitoon Group has already acquired the required land for the project. Moreover, even though the Lahore Development Authority (LDA) has approved the project, the master plan has not yet been shared with the public. I think that the developer will make it available once balloting has taken place.
But why should you invest? For starters, if you have a smaller budget then this is one place that might get you big returns. the average price of 5-marla plots in the locality increased 47.63% and that of 10-marla plots increased 49.21% in 2016. A Lahore Ring Road (LRR) interchange is to be developed near New Lahore City. Once the LRR project is completed, prices will only shoot up further.
Possession of plots in Phase II
According to my sources, Zaitoon Group offered possession of 2,000 plots in Phase II . If the patterns are to be believed then I think the developer might deliver Platinum Enclave within the next four years. The society is located very close to Bahria Town, despite which the prices on offer aren’t that high. Moreover, with Platinum Enclave, the rates are extremely enticing, and not to be missed out on.
Development status
New Lahore City’s Phase II is currently being developed. However, Phase III is yet to see any progress in terms of infrastructure development. My sources have also said that previous landowners are waiting for the wheat crop to ripen before they hand over the land to Zaitoon Group. Once this happens, development work in Phase III is expected to speed up.
Considering Zaitoon Group’s track record, I believe interested investors and genuine homebuyers should consider Platinum Enclave. Since the developer is already advertising the project, the booking price may see an escalation in the coming days, which means that this is the right time to make a move.
Suggestion: Do visit the society before making things official and signing any documents. Let me know in case you need further information about the project Contact Us:
Moon Estate & Advisore
Authorised Dealer New Lahore City
Amenities
- Plot Features
- File
Location & Nearby
New Lahore City Map
Nearby
Home Finance
Calculate and view the monthly mortgage on this residential plot
Conventional
Interest Plan
Ghar Sahulat Scheme
Employment Status
Salaried
Property Price
PKR
Loan Period
Years
Down Payment
%
PKRInterest Rate
%
Monthly PaymentPKR20 Thousand
Bank Finance AmountPKR14.66 Lakh
Payment Breakdown
InterestPrincipal
Price Index
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