Nova City

Nova City Islamabad

Nova city, Islamabad is being designed and developed by one of the much popular real estate developers of Pakistan. The society is designed complying with all the international standards of real estate development. Owing to the location of this project, Nova City has gained the most prestigious position in the market and since then it is staying in the limelight. Furthermore, this also shines in the eyes of the community due to its scenic views and elegant infrastructure.

In addition, Nova City is an exotic and high-end real estate project, engulfing all the modern day requirements within, to provide their residents with elegant and luxury living experience. As of now, it seems as the best investment opportunity in the twin cities. However, the society seems to be the best for the individuals going to buy or build their first home. Moreover, the ideal location and flexible payment plan of the society makes it more accessible for people, and make the project stand out in the market.

No Objection Certificate (NOC):

Whenever someone intends to invest into a project, their prime concern is to know whether the project has some legal binding. Or to be more precise, have the developer got their NOC from the concerned department? The answer to this question is No. Nova City doesn’t have the NOC to start working on the ground or selling plots. That’s why the project is at hold and all the marketing work has not yet started.

Nova City Location

Nova city, Islamabad has the most prime and accessible location for their housing project. It lies just beside the civic hubs and commercial centers of twin cities Rawalpindi and Islamabad, i.e. proposed CPEC route, RRR and New Islamabad International Airport. Also, the distance to the other civic centers is also very negligible as compared to other societies. It’s just few minutes away from New Islamabad International Airport, RRR and Proposed CPEC Route. On top of that Nova City also enjoys a close proximity 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 corner of the city.

In addition, Nova City also has an easy and accessible approach from different major civic hubs of the city. For instance,

  • 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

Master Plan & Layout Details:

As the project is currently in the pre-launch phase and the developer has not yet fully disclosed the information. We also have very little information about the master plan of the society. But, as far as the developer has informed, society is only offering the residential plots in the prelaunch phase.

As like every other society in Pakistan, nova is also expected to have blocks like general, executive or overseas blocks. But we too are not much sure about these things as there are no proper announcements regarding this news. Another thing that has made clear by the developer in the prelaunch phase is that they are not currently offering commercial or farm plots in this phase. The society is only selling residential plots of plot sizes 5 marla, 10 marla, 1 kanal, and 2 kanal currently.

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Nova City Price Plan

The pricing plan at nova city is kept very low and nominal to include people from almost every segment of the society. You can book your residential plots on paying 10% of the total amount. The buyer has to deposit 10% confirmation charges within 45 days of initial payment commencement. In case of failure to abide by the tight schedule endorsed by the seller, the candidature of the investor stays liable to cancellation and only 75% is refundable in that case.

Note:

  • These prices are for non-category plots only.
  • Category plots including park facing, corner, or Main Boulevard will cost 10% additional charges.
  • These are prices for pre-launch phase only and are subject to change after formal launch or announcement of the society.
  • Confirmation payment has to be paid within 45 days of initiation; otherwise the candidature stands liable to cancellation.
Development status of Nova City

Nova city, as discussed is still in the prelaunch phase and the development work on the site is not much evident. However, initial development like road infrastructure, telephone lines and internet broadband are set up in this phase and it is anticipated that soon the society will be successful in getting its NOC and the development work will start at its greater pace soon.

Why Nova City, Islamabad?

There are two main reasons to this question, that why Nova City is one of the nest investments that you can make this year. First thing first, Nova is performing great and outgrowing its initial capacity, even when the project is in its prelaunch phase. It is also anticipated that the project will definitely give greater return on investment keeping these performances in view.

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