Are you looking for a reliable and well-known housing society in Pakistan, particularly in Lahore? If yes, you do not need to search further because I will introduce you to one of the best residential and commercial housing societies in Lahore. The New Lahore City phase perfectly blends history, culture, and modern lifestyle. It is home to various well-planned housing societies and is an ideal project from an investment point of view. Read this article thoroughly to learn about the New Lahore City Phase 4.
New Lahore City Phase 4
Regarding the reliable and iconic real estate projects and housing societies in Lahore, the name of the “New Lahore City phase 4” comes at the top. The housing society is not only the center of attraction for the national investors but also the international investors are taking equal interest in the society. The housing project is under the supervision of Zaitoon Group, which is determined to offer high-end amenities with cutting-edge infrastructure.
The society of New Lahore City is on Canal Road in close vicinity to many well-known residential areas. We can also call this project a city within a city. Whenever someone wants to invest in a project, they must do a lot of research before investing in any project. So, we are making this easy for you by writing all the facts about this housing society.
Location Overview
The project’s first and most important point is that its location is ideal for any investor. The society is located on mall Road near the NFC phase 2 housing society. In addition, some other main societies, such as Bahria Town Lahore and Sui Gas phase 2 housing schemes, are also in close proximity to New Lahore City. So, from this housing society, you can easily access the main localities of Lahore City.
If we talk about the routes from where you can reach the location, it is easily accessible from Canal Road, Multan Road, Sundar Road, and Lahore Ring Road. If you want to reach Ferozepur Road, you only have to drive a few minutes from the society’s main gate. One of the best things about the driveways is that they are signal free. So, enter and leave society without any hassle.
New Lahore City Phase 4 Developer
Zaitoon Group is among the New Lahore City phase 4 developers, which is a leading company in the real estate industry. The developers have already introduced the best housing society in the form of Zaitoon City, and now this time, they come with another amazing society. The Zaitoon Group formed about 30 years ago. Over time, the company has maintained a sound reputation in the real estate market. They offer affordable prices, satisfactory customer services, and timely completion of their projects.
- In Lahore city, they have completed some successful projects, which are:
- Japan Center on Cooper Road
- Center Point Plaza in Gulberg
- Lucky Center on Jail Road
- Landmark Plaza on Jail Road
New Lahore City Phase 4 Development Updates
Two blocks in New Lahore City phase 4 are well developed: Overseas Enclave and Pearl Enclave. The possession of these blocks has been handed over. In addition, various houses and developmental projects are completely developed. Due to the completion of these development projects, the families are moving in. If we compare the development status of both these enclaves, the pearl enclave is more developed than the overseas enclave.
Moreover, there are two other blocks in the “new Lahore city phase 4 master plan”, Royal and Premium Enclaves. Both these blocks are in different developmental stages. The possession of a few blocks in these blocks has been handed over. The sewerage system, electric cables, underground water, and gas connections have been laid out when developing these blocks. In addition, the school in New Lahore City is also operational now.
Legal Status
When it comes to the legal status of the project, it has approved NOC. LDA has approved the new Lahore city phase 4 NOC, which means that the society is now legal for every development and construction work. The developers of the housing scheme are Zaitoon Group and Rafi Group. Both these developers have a great reputation in the real estate market, and the No Objection Certificate from the authorities shows that the investments are safe within the society.
New Lahore City Phase 4 Payment Plan
There are plots of 3 Marla, 5 Marla, 7 Marla, and 10 Marla in the housing scheme. In addition, there are also residential plots in the society of 1 Kanal and 2 Kanal. If you want to book a plot in the commercial area of the society, there are plots of 2 Marla, 5 Marla, and 8 Marla in the commercial sector too. The prices of plots in society vary with the size of the plots.
For example, if you want to book a plot of 3-Marla, you need to pay PKR 16.5 lakh; for a plot of 5 Marla, you need to pay PKR 27.5 lakh. In addition, if you want to buy a plot of 7 Marla. You need to pay at least PKR 38.5 lakh.
Furthermore, the new Lahore city phase 4 facilities are extraordinarily outstanding. The developers have tried their best to provide all the facilities to their residents. So, if you want to book a plot in society, you only have to start the booking with a 20% down payment. And then pay the monthly or quarterly installments, whatever suits you. After 60% installment of the price, you will get possession of your plot.
End Note
The developers believe New Lahore City is a remarkable addition to the city as “Blue World City Islamabad” in twin cities. The developers provide all the facilities necessary to live a lavish lifestyle. In addition, the developers offer a modern living standard to the people who cannot get these things anywhere else. So, the owners provide all these things at affordable installment plans.
