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What Makes New Lahore City Phase 4 an Ideal Housing Scheme?
Do you want to invest in one of the most well-known and reliable housing schemes in Pakistan and look for the best housing venture in Lahore? If yes, your search ends here. Carrying a perfect blend of culture, history, and modern lifestyle, New Lahore City Phase 4 is home to well-planned housing projects. Read this article thoroughly to know all about this great housing venture.
New Lahore City Phase 4
The iconic and reliable New Lahore City Phase 4 is one of the well-known housing projects in Lahore. It not only grabs the attention of domestic buyers, but international buyers also show interest in this housing venture. It is the housing project of the Zaitoon Group that features cutting-edge infrastructure. Society is also easy to access from any point in Lahore.
The society is on the main Canal Road in close proximity to various popular residential areas. It wouldn’t be wrong to call this housing project a city within a city. We all know that investing in a real estate project requires a lot of research. So, for our readers, we made this easy with this comprehensive guide covering each detail of New Lahore City.
Location of New Lahore City
The New City Lahore phase 4 location is easy to access. It is present on the main canal road adjacent to the phase 2 NFC Housing Society. In addition, the renowned Sui Gas Housing phase 2 and Bahria Town Lahore housing schemes are also in close vicinity of this housing project. The location of this great housing society allows easy access to the main roads of Lahore city.
Canal bank road is not the only road to reach the location. You can use Sundar Road, Multan Road, and Multan Road Interchange (Lahore Ring Road) to reach this housing society. In addition, with just a short drive, you can reach the Ferozepur Road from the main gate of the society. The best things about these driveways are that they are signal free. So, the residents of the New Lahore City Phase 4 can easily enter and leave the society.
About The Developer
The project of New Lahore City phase 4 is owned by one of the leading companies of real estate in Pakistan. Zaitoon Group, which also develops Zaitoon City, is the developer of this picturesque housing venture. The group was developed 30 years ago, and now the company can deliver the highest quality and successful developing projects. In addition, the group ensures satisfactory customer services, affordable prices, and timely completion of promised projects.
Some successful projects of the Zaitoon Group in Lahore city are:
- Gulberg Center Point Plaza, Lahore
- Cooper Road Japan Center, Lahore
- Jail Road Landmark Plaza, Lahore
- Jail Road Lucky Center, Lahore
New City Lahore Phase 4 Payment Plan
As per the Master Plan of the New Lahore City phase 4, the project offers 3, 5, 7, and 10 Marla residential plots. In addition, it also offers residential plots of 1 and 2 Kanal. In addition, if you are looking for plots in the commercial sector, the society offers 2, 5, and 8 Marla plots in that sector too. The prices of the plots in New Lahore City Phase 4 vary with the location of the plots.
As per the New Lahore City phase 4 Payment Plan, the price of a 3-Marla plot starts at PKR 16.5 lakh, and for a 5 Marla Plot, the prices start from PKR 27.5 lakh. If you want to buy a 7-Marla plot in society, you have to invest at least PKR 38.5 lakh. The starting prices of other plots in New Lahore City is as follows:
- PKR 55 lakh for 10 Marla plots
- PKR 1 crore for 1 Kanal plots
- PKR 2 crore for 2 Kanal plots
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So, investors can easily buy a residential plot in New Lahore City with an easy payment plan containing 10 quarterly installments. However, they have to pay a 20% down payment.
Development Updates
The Pearl Enclave and Overseas Enclave in New Lahore City phase 4 are very well-developed. In addition, possessions of these two enclaves have been handed over. Various developmental projects and houses have been fully developed, and now families are also moving in. The Pearl enclave block of the society is more developed than an overseas block.
Two other blocks known as Royal and Premium Enclaves are in different stages of development. Some possessions of these blocks have also been handed over. In addition, the sewerage system, underground water, electric cables, and gas connections have been laid out throughout the housing scheme. The school in the society has also become operational.
On the other side, if we talk about the legal status, New City Lahore phase 4 LDA Approved. It is the development project of Rafi Group and Zaitoon Group. Both owners have a great reputation in the real estate industry, and the No Objection Certificate from the authorities shows that the society is allowed to do any development and construction project.
Salient Features
Some of the most salient features of the New Lahore City phase 4 are:
- Gated-community
- Sustainable infrastructure
- Walkways for pedestrians
- Prime location with stunning roundabouts
- Public transportation access
- Main Boulevard (150-feet-wide)
- Proximity to famous housing schemes
- Well-carpeted roads
- Affordable residential facilities
- Secure boundary wall
- Access to major roads
- 24/7 security
- Open spaces and Greenery
These are some of the facilities and amenities necessary for every resident living in that particular society. Therefore, the management of the society ensures that the residents get all the services they pay for. In addition, these features are also selling points for any real estate housing society.
Conclusion
The developer claims New Lahore City phase 4 is a remarkable addition, just like Zaitoon City to Lahore’s skyline. This housing society provides all the amenities to the residents in a safe and secure environment. In addition, society establishes a modern place for living, even for low-income investors who cannot enjoy the luxuries of the 21st century with their short income.