City Residencia – an affordable yet chic Peshawar housing society

February 7, 2019 • blog,Buying,Housing Schemes,investment tips

Migrants from the adjoining areas in KP find Peshawar to be just the right city to meet their lifestyle expectations.

As the provincial capital, the city equips these people with better job opportunities, along with access to a range of accredited education facilities. To deal with its growing population load, however, the city also needs to increase its accommodation options.

Fortunately, Peshawar’s real estate developers are fully aware of the situation. This is precisely the reason why several affordable residential projects were launched in the city recently.

City Residencia is one such housing initiative.

For a complete overview of the project, read on below.

 

Where is City Residencia located?

The society is located on Charsadda Road, a short driving-distance away from Peshawar Northern Bypass and the Ring Road. The project’s proximity to these major road networks ensures that the city centre is well with the reach of its residents.

Charsadda Road, on its own, is home to many well-reputed health, education, and leisure facilities. City Residencia’s neighbourhood, additionally, is free from the noise and visual pollution that one may find to intrude elsewhere in the city.

 

What makes the society so special?

Cityscape Housing (Pvt) Ltd, the developer credited with City Residencia’s construction, has introduced several new and tempting features in its latest project. Many of these amenities are not available in any other housing development at the moment.

These facilities include theme parks, a mini golf course, dedicated sports complexes, and a wide range of housing units to choose from.

The society is a minutely planned and fully gated. To preserve the neighbourhood’s serene outlook, the developer has laid an underground electrification network.

For providing further ease to residents, the society features spacious roads and streets, a reliable sewerage system, along with a number of community living-specific features. In full,  these include:

  • A Mini Golf Course
  • Cityscape Centre
  • Theme Park
  • Jamia masjid
  • Schools
  • Commercial area
  • Entertainment hub
  • Sports complex
  • Hospital

 

The residential units on offer

Unlike most residential projects that offer either plots or apartments, City Residencia offers both. Presently, however, the developer has only opened inventory for residential plots in phase-I. Commercial plots and apartment units will be offered for purchase later.

Interested buyers can choose between residential plots available in sizes of 5-marlas, 7-marlas, 10-marlas, 1-kanal and 2-kanals. Despite the availability of international standard facilities, the developer has kept their purchasing rates at par with the market price.

On top of this, you can avail the plots through an easy & flexible payment plan arrangement.

Depending on your preference, you can either go for a monthly payment plan, or clear the dues in six bi-annual instalments.

The detailed payment plan has been listed below:

Plot size 5-Marla 7-Marla 10-Marla 1-Kanal 2-Kanal
Down payment 200,000 280,000 400,000 800,000 1,360,000
Monthly instalment x 30 12,500 17,500 25,000 50,000 85,000
Bi-annual instalment x 6 50,000 70,000 100,000 200,000 340,000
On allocation 100,000 140,000 200,000 400,000 680,000
On possession 275,000 385,000 550,000 1,100,000 1,870,000
Total       Price 1,250,000 1,750,000 2,500,000 5,000,000 8,500,000

 

From this table, you can see that buying property in City Residencia is possible – in the case of most people. The society’s rates, in fact, are so tempting that it can convince many to purchase their very first property in Peshawar!

If you are currently thinking along these lines and have any questions for us, please let us know by leaving a comment below.

Stay tuned to Zameen Blog for more updates on City Residencia.

 

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