{"id":26580,"date":"2017-07-01T13:23:22","date_gmt":"2017-07-01T08:23:22","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=26580"},"modified":"2017-12-11T12:29:53","modified_gmt":"2017-12-11T07:29:53","slug":"nfc-phase-ii-should-you-start-investing","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html","title":{"rendered":"NFC Phase II \u2013 should you start investing?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-21509 aligncenter\" src=\"http:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2015\/09\/NFC-Phase-II1.jpg\" alt=\"\" width=\"600\" height=\"350\" srcset=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2015\/09\/NFC-Phase-II1.jpg 600w, https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2015\/09\/NFC-Phase-II1-300x175.jpg 300w, https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2015\/09\/NFC-Phase-II1-537x313.jpg 537w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>National Fertilizer Company (NFC) Housing Society\u2019s Phase II is finally done with choosing its governing body. In the society elections, which were held on June 5, Phool Group\u2019s Noman Butt was elected as the society president. After a long delay, development has now also begun.<\/p>\n<p><strong>The development update <\/strong><\/p>\n<p>The society recently invited tenders for the designing and planning of electrification works. My sources tell me that it will take around three months for work to begin here. If and when digging begins for underground wiring, it will be logical for sewerage pipes to be added simultaneously. The master plan for the society was finalised long ago and according to my sources no change is expected.<\/p>\n<p>At the moment, the construction of several commercial plazas is underway on the 150-feet wide Main Boulevard. Possession for commercial property on an area on the Main Boulevard \u2013 the part that lies between Multan Road and Canal Road \u2013 is available.<\/p>\n<p>In addition, development work on some of the main roads, which vary in width from 80 to 100 feet, has already been completed. Reportedly, the society is preparing tender notices to choose a suitable company to carry out development work in other projects within the society as well.<\/p>\n<p><strong>The rising rates <\/strong><\/p>\n<p>Demand for property in the society has been on the rise ever since news about the election first hit. A rising demand has translated into rising rates. The average asking rate for <a href=\"https:\/\/www.zameen.com\/Residential_Plots\/Lahore_NFC_2-1101-1.html\" target=\"_blank\" rel=\"noopener noreferrer\">plots in NFC Phase II<\/a> has gone up by 20 to 25 percent in the last two months. Check out the block-wise rates for residential plots in this society:<\/p>\n<p><strong>Block A<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"276\">\n<tbody>\n<tr>\n<td width=\"71\"><strong>Size<\/strong><\/td>\n<td width=\"205\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"71\">10 Marla<\/td>\n<td width=\"205\">PKR 3,200,000 &#8211; PKR 3,600,000<\/td>\n<\/tr>\n<tr>\n<td width=\"71\">1 Kanal<\/td>\n<td width=\"205\">PKR 5,000,000 &#8211; PKR 5,500,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block B<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"276\">\n<tbody>\n<tr>\n<td width=\"71\"><strong>Size<\/strong><\/td>\n<td width=\"205\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"71\">10 Marla<\/td>\n<td width=\"205\">PKR 4,500,000 &#8211; PKR 4,800,000<\/td>\n<\/tr>\n<tr>\n<td width=\"71\">1 Kanal<\/td>\n<td width=\"205\">PKR 5,500,000 &#8211; PKR 6,000,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block C<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"287\">\n<tbody>\n<tr>\n<td width=\"75\"><strong>Size<\/strong><\/td>\n<td width=\"212\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"75\">5 Marla<\/td>\n<td width=\"212\">PKR 2,600,000 &#8211; PKR 2,700,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">10 Marla<\/td>\n<td width=\"212\">PKR 3,800,000 &#8211; PKR 4,200,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">1 Kanal<\/td>\n<td width=\"212\">PKR 6,000,000 &#8211; PKR 6,500,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block D<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"287\">\n<tbody>\n<tr>\n<td width=\"75\"><strong>Size<\/strong><\/td>\n<td width=\"212\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"75\">1 Kanal<\/td>\n<td width=\"212\">PKR 5,800,000 &#8211; PKR 6,000,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block E<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"287\">\n<tbody>\n<tr>\n<td width=\"75\"><strong>Size<\/strong><\/td>\n<td width=\"212\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"75\">1 Kanal<\/td>\n<td width=\"212\">PKR 5,800,000 &#8211; PKR 6,200,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block F<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"287\">\n<tbody>\n<tr>\n<td width=\"75\"><strong>Size<\/strong><\/td>\n<td width=\"212\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"75\">5 Marla<\/td>\n<td width=\"212\">PKR 2,500,000 &#8211; PKR 2,700,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">10 Marla<\/td>\n<td width=\"212\">PKR 3,600,000 &#8211; PKR 3,800,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">1 Kanal<\/td>\n<td width=\"212\">PKR 5,800,000 &#8211; PKR 6,000,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block G<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"287\">\n<tbody>\n<tr>\n<td width=\"75\"><strong>Size<\/strong><\/td>\n<td width=\"212\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"75\">5 Marla<\/td>\n<td width=\"212\">PKR 2,700,000 &#8211; PKR 2,850,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">10 Marla<\/td>\n<td width=\"212\">PKR 3,800,000 &#8211; PKR 4,000,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">1 Kanal<\/td>\n<td width=\"212\">PKR 5,600,000 &#8211; PKR 6,000,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block H<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"299\">\n<tbody>\n<tr>\n<td width=\"75\"><strong>Size<\/strong><\/td>\n<td width=\"224\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"75\">5 Marla<\/td>\n<td width=\"224\">PKR 2,600,000 &#8211; PKR 2,850,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">10 Marla<\/td>\n<td width=\"224\">PKR 3,800,000 &#8211; PKR 4,200,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">1 Kanal<\/td>\n<td width=\"224\">PKR 16,000,000 &#8211; PKR 17,000,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block J<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"299\">\n<tbody>\n<tr>\n<td width=\"75\"><strong>Size<\/strong><\/td>\n<td width=\"224\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"75\">10 Marla<\/td>\n<td width=\"224\">PKR 3,000,000 &#8211; PKR 3,200,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">1 Kanal<\/td>\n<td width=\"224\">PKR 4,500,000 &#8211; PKR 5,200,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block K<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"299\">\n<tbody>\n<tr>\n<td width=\"75\"><strong>Size<\/strong><\/td>\n<td width=\"224\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"75\">5 Marla<\/td>\n<td width=\"224\">PKR 2,300,000 &#8211; PKR 2,500,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">10 Marla<\/td>\n<td width=\"224\">PKR 3,200,000 &#8211; PKR 3,600,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block L<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"299\">\n<tbody>\n<tr>\n<td width=\"75\"><strong>Size<\/strong><\/td>\n<td width=\"224\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"75\">5 Marla<\/td>\n<td width=\"224\">PKR 2,300,000 &#8211; PKR 2,500,000<\/td>\n<\/tr>\n<tr>\n<td width=\"75\">10 Marla<\/td>\n<td width=\"224\">PKR 3,200,000 &#8211; PKR 3,200,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Block M<\/strong><\/p>\n<table class=\"post-tbl-cust\" width=\"299\">\n<tbody>\n<tr>\n<td width=\"75\"><strong>Size<\/strong><\/td>\n<td width=\"224\"><strong>Price Range<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"75\">5 Marla<\/td>\n<td width=\"224\">PKR 2,000,000 &#8211; PKR 2,400,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>The Ring Road factor<\/strong><\/p>\n<p>The planned SL-III of the Lahore Ring Road (LRR) is believed to be a little troublesome for NFC Phase II as well. Not just that, some residential plots in Block A and D might be compromised due to LRR\u2019s route \u2013 these blocks may not remain potentially attractive to the investors.<\/p>\n<p><strong>What to expect?<\/strong><\/p>\n<p>Realty experts believe that property rates in NFC Phase II are half of what they should be at the moment. Their argument rests on the fact that the society is surrounded by developed sectors of Bahria Town, and it has a neat entrance from Multan Road. In addition, it is one of the cheapest residential projects you can find in the vicinity. With things already in place for development work to begin here, it shouldn\u2019t take long before this gap in property rates fills.<\/p>\n<p>Owners of property in NFC Phase II have been waiting for well over a decade to see the initiation of development work. With development finally taking place, it is now more important for property owners to hold on to their investment. This is the very reason a limited number of sellers are active in the market; the remaining have strong holding power to reap greater benefits from their decade-long wait.<\/p>\n<p>Have something to add to this piece? Share away in the comments section below.<\/p>\n<p><strong><em>Note: Some of the information quoted in this article is sourced from RNA Associate &amp; Builder\u2019s Noor ullah Khan. You can reach him on the following numbers for further consultation:<\/em><\/strong><\/p>\n<p><strong>+92-321-417-7017<\/strong><\/p>\n<p><strong>+92-334-417-0851 <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Fertilizer Company (NFC) Housing Society\u2019s Phase II is finally done with choosing its governing body. In the society elections, which were held on June 5, Phool Group\u2019s Noman Butt was elected as the society president. After a long delay, development has now also begun. The development update The society recently invited tenders for the designing and planning of electrification works. My sources tell me that it will take around three months for work to begin here. If and when digging begins for underground wiring, it will be logical for sewerage pipes to be added simultaneously. The master plan for the society was finalised long ago and according to my sources no change is expected. At the moment, the construction of several commercial plazas is underway on the 150-feet wide Main Boulevard. Possession for commercial property on an area on the Main Boulevard \u2013 the part that lies between Multan Road and Canal Road \u2013 is available. In addition, development work on some of the main roads, which vary in width from 80 to 100 feet, has already been completed. Reportedly, the society is preparing tender notices to choose a suitable company to carry out development work in other projects&hellip;<\/p>\n","protected":false},"author":18,"featured_media":21509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[3904,626],"persona":[],"class_list":{"0":"post-26580","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-investment-tips-for-nfc-phase-ii-in-lahore","8":"tag-where-to-invest-in-lahore"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NFC Phase II \u2013 should you start investing? - Zameen News<\/title>\n<meta name=\"description\" content=\"National Fertilizer Company (NFC) Housing Society\u2019s Phase II is finally done with choosing its governing body. 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In the society elections, which were held","og_url":"https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2017-07-01T08:23:22+00:00","article_modified_time":"2017-12-11T07:29:53+00:00","og_image":[{"width":600,"height":350,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2015\/09\/NFC-Phase-II1.jpg","type":"image\/jpeg"}],"author":"Samra Zulfiqar","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Samra Zulfiqar","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html"},"author":{"name":"Samra Zulfiqar","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9810bc80e0f6830dcb87310b88ef6293"},"headline":"NFC Phase II \u2013 should you start investing?","datePublished":"2017-07-01T08:23:22+00:00","dateModified":"2017-12-11T07:29:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html"},"wordCount":695,"commentCount":3,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2015\/09\/NFC-Phase-II1.jpg","keywords":["investment tips for NFC Phase II in Lahore","where to invest in Lahore"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html","url":"https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html","name":"NFC Phase II \u2013 should you start investing? - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/nfc-phase-ii-should-you-start-investing.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2015\/09\/NFC-Phase-II1.jpg","datePublished":"2017-07-01T08:23:22+00:00","dateModified":"2017-12-11T07:29:53+00:00","description":"National Fertilizer Company (NFC) Housing Society\u2019s Phase II is finally done with choosing its governing body. 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