Nova City Islamabad
Nova city, Islamabad is a latest real-estate project that is elegantly crafted keeping in view all the modern day needs of the residents. Owing to its location, it has got easy access from GT road, Rawalpindi Ring Road, and CPEC route. It is an exotic real estate project that aims to provide ultimate luxury and world-class lifestyle to its residents. Located in Islamabad, a pinnacle of natural beauty and contemporary architecture, this project has become people’s first choice when it comes to investment.
Nova City, Islamabad is anticipated to be the most ruminative real estate project within the jurisdiction of CDA, Islamabad. Owing to the location of this project, it has gained the most prestigious position in the market. Furthermore, the housing project is getting much popularity among the investor community due to its scenic views and elegant infrastructure.
As of now, the society seems to be an ideal get-hands-on package for both residential and investment purposes. However, what we believe this society is best for? It is best for the individuals going to buy or build their first home. Moreover, its ideal location and very easy access have made this society most favorable for masses belonging to any community, sector or strata of the society.
Nova City Location
Location is always the prime concern when it comes to buying property for either investment or residential purposes. That’s why, Nova city, Islamabad has laid special attention in choosing a wise and accessible location for their housing project.
Nova city, Islamabad is located in the serenity of Islamabad loaded with the modern infrastructure that means the society is all set to provide ultimate peace to its residents. It lies on the verge of modern civic and commercial center of Islamabad, i.e. proposes CPEC route. Also, the distance to the other civic hubs is negligible as compared to other societies. It’s just few minutes away from New Islamabad International Airport. On top of that Nova City also enjoys a closure to the proposed novel Rawalpindi ring-road, rather the society plans to open a dedicated gate at Ring Road so that it becomes more accessible from almost every direction of the city.
Nova City Map
Easy road approach of any society is the key feature that decides the future of the society. Owing to the accessibility of Nova City, Islamabad, we can say that the future prospects are very much bright.
- On-point at Rawalpindi Ring Road
- On-point at CPEC route
- Around 25 minutes to anywhere in Islamabad
- Around 30 minutes to anywhere in Rawalpindi
- 25 min drive to Lhr-Isb Motorway M2
- 20 min drive to Rawat-Chakbelli interchange
- 25 min drive to Islamabad International Airport
- 22 min drive to Bahria Town, Phase 8
Moreover, the planned CPEC route and New Industrial Estate are also in the close vicinity of Nova City, Islamabad, and it also enjoys the neighborhood of Phase 8, Bahria Town, which is just a few kilometers away from the society. Nova City is ideally located very close to motorway interchange and the distance to New Islamabad International Airport is also very less as compared with other societies that are in competition with it. In addition, other nearby societies include Capital Smart City Islamabad, Blue world City Islamabad, Top 1 city, Mumtaz City, Eighteen Islamabad, Qurtaba City, and Star Enclave.
Master plan of Nova City Islamabad
As the project is now in the pre-launch phase and not yet fully disclosed, the information that we have about the master plan of the society is very much limited too. But, as far as the developer has informed in the prelaunch phase, society is only offering the residential plots. The blocks in the society are not yet disclosed by the planners. However, we anticipate that this society like all the other will have blocks depending upon the distance from center, distance from commercial hubs, and other amenities. As every grand society like this has a general and an executive block it is anticipated to follow the same rules. For now, we only have access to a limited knowledge that states that the society is all set to start formal sale of the land, but this will take some time as we all know that these are government chores and they take longer than usual. In prelaunch phase society is offering residential plots only of sizes 5 and 10 Marla, and 1 and 2 Kanal. They are not offering any commercial plots for booking for now.
Another thing that is conveyed in the initial stage is that the society is going to dedicate a greater proportion of their land for theme parks, safari, and 5-star hotels. And also transportation systems, communication networks, sewage, water, and electric systems of the society are planned, designed, and developed by the high-end team that will ensure nothing lesser than best for its residents.
Nova City Payment Plan
Since the society is in the pre-launch phase, they have only offered their residential plots for sale. The payment plan of Nova City, Islamabad has been kept flexible and convenient to cater the needs of people from every section of the society. Booking can be confirmed on paying an amount equal to 10% of the total amount. 10% confirmation charges are to be paid within 45 days of initial payment. If an individual fails to deposit confirmation fee within 45 days the booking of the plot stays liable to cancellation, and only 75% of the principal amount will be refunded. In addition, the payment scheduled is chunked in a way that it can be easily affordable by every section of the society. 80% of total price of the plot can be paid in 40 easy installments, that means that any individual be him from salaried class can easily buy a piece of land for his secure future.
The payment schedule of pre-launch phase of Nova City, Islamabad for plot sizes 5 marla, 10 marla, 1 kanal and 2 kanal is given below,
|Plot size||Price||Down Payment (10%)||Confirmation (10%)||Monthly installments (40)||At possession|
- These prices are for non-category plots.
- For category plots like park facing, corner, or main Boulevard 10% additional charges will apply.
- These are prices for pre-launch phases and may change after formal launch of the society.
- Confirmation payment has to be done within 45 days of initiation, otherwise the purchase stands cancelled.
Invest in Nova City Housing Scheme
The first thing that arises after knowing about the society is why one should invest in Nova city, Islamabad? The answer to this question is quite easy. Well, there are many reasons for an individual to believe in the society and go for investing capitals into this giant project.
First thing first, investors only look up to the greater Return on Investment (ROI) rates while investing. Nova city, Islamabad enjoys the close proximity of Rawalpindi Ring Road and CPEC route. This reason is making it stand out in the market. The value of properties in this vicinity is also increasing multifold in the recent past due to the appreciation.
Secondly, the prime location of Nova city is also a plus. The distance to all the major city hubs is comparatively negligible. Therefore, this is the right time to put your capital in Nova city, Islamabad to reap the maximum output from it.
Promised Facilities at Nova City Islamabad
Nova City, Islamabad is promising a wide range of amenities within their gated society. It means that the residents won’t have to leave the society in the hour of need or their leisure hours. These amenities include and are not limited to,
Parks & playgrounds
Real Estate Future in Islamabad
Ever since the new Islamabad International Airport has started its operations, the real estate market in that specific region has experienced a boom in prices locally. This is all due to the fact that such giant infrastructures attract all the investors and residents to invest in the vicinity. In addition to this, an area also witnesses greater appreciation due to its highway accessibility.
As cherry on cake, Rawalpindi Ring Road, Lahore-Islamabad Motorway M2, and CPEC route all three major arteries of the twin cities are located or proposed nearby. Therefore, this is the high-time for any investor to anticipate the value of these areas intelligently and get maximum outcome from buying real estate near to new Islamabad International Airport, and Rawalpindi Ring Road.
Nova City Development Status
Since the project is now in the pre-launch phase that’s why there is no proper visualization of the developmental work. However, the road infrastructure is built on site and maintenance and booking staff is hired that responds to all the queries of their visitors.
Telephone lines and Email service platforms are set-up to provide uninterrupted services to the clients. A high speed fiber-optics internet broadband line is being established in the society.
As the society is currently in the pre-launch phase, it is definitely going to take some time before we can actually witness the development work on ground. The developer and planner are seriously working towards their objectives hands-in-hands with their highly professional and dedicated teams.
FAQs Regarding Nova City Project
The NOC of the project is not yet attained by the developer, but it is anticipated that soon Nova City will be awarded with their NOC.
Currently the project is in the pre-launch phase, but soon the development work will commence as the machines and manpower are being deployed to the site.
Yes, the prices at Nova City are kept low keeping in view all the sections of society.
Once the Rawalpindi Ring Road and CPEC route are operational, the prices at this society will experience a great hike.
Zero to none, Nova City Developers is a credible business entity, and they are in business for a long time. Hence the chances of fraud are very less likely to happen.