Articles

5 Best Pakistani Societies Where Plots Available on Installment

by Deal and Deals Leading Real Estate Marketing Agency

Almost every housing society in Pakistan is now offering monthly, quarterly, bi-annual payment plans. But in Pakistan paying for the plot in installment is advantageous for buyers? If yes, what are the best available options in the country? Here is all the information for you.

Paying for a plot in installment

Owning a home is the dream of every Pakistani. But unfortunately, economical tools, inflation, and multiple similar factors make it impossible even for Upper-middle-class families to purchase a home or land in one go. So even if some minor cons i.e. fixed payment for a long period is associated with purchasing real estate or installment, this option is still a blessing in disguise for most of the buyers. Easy installment plans are a core factor behind the boom of some prominent housing societies including Capital Smart City Islamabad, Nova City, Blue World City Islamabad

5 best Pakistani societies where plots are available on installments are:

Capital Smart City Islamabad

Being the first smart city in Pakistan, this project is unique in many ways. It is bringing multiple amenities that are never seen before. From infrastructure to payment plans, everything is all about “Smart”. 

Despite rising prices due to the overwhelming response from the investors, Plots are still available on easy installment plans in this society.

Capital Smart City Islamabad NOC is approved by Capital Development Authority (CDA) and it can be confirmed from the official website OF CDA.

CSC installment plan includes a variety of installment plans. For all categories of plot, bookings start with a 10% down payment. 

While buying residential plots, one doesn’t have to pay any amount as the confirmation of 5 Marla and 7 Marla plots. 10 Marla, 12 Marla, Kanal, and 2 Kanal plots require 10% confirmation payment, and then for every plot category, a regular installment plan follows.  

Nova City Islamabad

Nova City payment plans involve very low down payments and monthly payments. How many payments one has to pay depends upon the category of the plot. This is the reason more and more people are investing in this project every passing day.

Nova City Islamabad has also applied for their NOC and the concerned legislative authority is reviewing their application. 

NCI payment plan is also divided into down payments and easy installments. 

The revised payment plan of this society is:

  • 5 Marla, 8 Marla, 10 Marla, 14 Marla, and 1 Kanal plots
  •          Down Payment 10%
  •          8 Half Year Installments 
  •          Monthly installments (40) 
  •          The remaining amount on possession

Investors can also enjoy some exclusive discounts if the plots are booked with lump-sum payments.

Blue World City Islamabad

This project is a collaboration between China and Pakistan's very well-known developers. With very fast developments, this residential project is bringing world-class facilities to Pakistan. They are offering 5 Marla, 8 Marla, 10 Marla, 1 Kanal, and 2 Kanal residential plots, 4 Kanal & 8 Kanal Farmhouse land, and 5 Marla & 8 Marla commercial plots.

BWC is offering up to 4 years of easy installment plans with a 10% down payment and the remaining 90% in monthly installments. 

Park View City 

Owned by PTI leader Aleem Khan, Park View City is located in both Islamabad and Lahore. 

In Islamabad, it is located at Kurri Road (Jinnah Avenue) in Islamabad Zone 4 near Bahria Enclave Islamabad.

PVC Lahore is located at 3-KM Thokar Niaz Baig, Multan Rd, Lahore, 54000.

Both Isb and Lhr locations had acquired their NOC from concerned authorities in the respective cities. There are multiple blocks in both of them including overseas block, general block, farmhouses. Easy installment plans are available for all blocks and their subcategories. 

In developed sectors of PVC Islamabad, plots are available on 50% downpayment.

Blocks that are recently launched and are in the initial stages of development, can be acquired on a regular installment plan which involves a 20 percent down payment and the remaining 80% amount split into 2 years bimonthly installments. 

Taj Residencia Islamabad

Taj residencia Islamabad is the first residential society by the builders of Centaurus Mall. This luxury living accommodation is still in its initial phases of development but it is already evident that this project is going to continue the legacy of Centaurus. 

Because of the reputation of Sardar Group of Companies (builders of taj residencia), prices are high here even though this project is still in its launching phase. But prices are expected to rise a lot more. Mainly because this project is going to feature Centaurus 2. And we all know how much Centaurus 1 added in the worth of real estate in its surroundings. 

Developers of the project aim to provide a luxurious living to everyone so they also came up with quarterly and bi-annually installments plans. The total payment plan is split into 4 years

Final Words

If you want to know more about the projects mentioned above, you can benefit from the free consultations offered by Deal & Deals. We are authorized dealers of all of these projects.



Sponsor Ads


About Deal and Deals Freshman   Leading Real Estate Marketing Agency

5 connections, 0 recommendations, 22 honor points.
Joined APSense since, October 21st, 2020, From Islamabad, Pakistan.

Created on Nov 12th 2021 07:19. Viewed 273 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.