5 Marla Total Plot Price Is @ 2095000 In 3.5 Years Plan

The New Lahore City, a flagship project by Zaitoon Group

is bringing a new project forward that won’t be too hard on your pockets but will satiate your property needs.

This Booking will be located in New Lahore City’s Phase Iv, and has on offer 5- and 10-Marla residential plots, which can be acquired on Forty Two Month installments. You can book a plot in Phase Four by paying a 14% down payment. And if you pay the full amount in one go, you can avail a discount of 10% on the total amount payable.

The complete payment plan is as follows:

Plot Type Total Price Down Payment 42 Monthly Installments 7 Bi-Annual Installments

5 Marla PKR 20,95,000 PKR 295,000 PKR 29,500 PKR 80,142

10 Marla PKR 39,95,000 PKR 595,000 PKR 59,500 PKR 128,714

The payment plan spans Thirty Month, which means that the developer will probably complete the project within this timeframe. According to a source, the Zaitoon Group has already acquired the required land for the project. Moreover, even though the Lahore Development Authority (LDA) has approved the project, the master plan has not yet been shared with the public. I think that the developer will make it available once balloting has taken place.

But why should you invest? For starters, if you have a smaller budget then this is one place that might get you big returns. the average price of 5-marla plots in the locality increased 47.63% and that of 10-marla plots increased 49.21% in 2016. A Lahore Ring Road (LRR) interchange is to be developed near New Lahore City. Once the LRR project is completed, prices will only shoot up further.

Possession of plots in Phase II

According to my sources, Zaitoon Group offered possession of 2,000 plots in Phase II. If the patterns are to be believed then I think the developer might deliver Platinum Enclave within the next four years. The society is located very close to Bahria Town, despite which the prices on offer aren’t that high. Moreover, with Platinum Enclave, the rates are extremely enticing, and not to be missed out on.

Development status

New Lahore City’s Phase II is currently being developed. However, Phase III is yet to see any progress in terms of infrastructure development. My sources have also said that previous landowners are waiting for the wheat crop to ripen before they hand over the land to Zaitoon Group. Once this happens, development work in Phase III is expected to speed up.

Considering Zaitoon Group’s track record, I believe interested investors and genuine homebuyers should consider Platinum Enclave. Since the developer is already advertising the project, the booking price may see an escalation in the coming days, which means that this is the right time to make a move.

Suggestion: Do visit society before making things official and signing any documents. Let me know in case you need further information about the project Contact Us: