ProPropertyNewsNova City Signs MoU with ICCI to Offer Special Concessions on Plots

Nova City Signs MoU with ICCI to Offer Special Concessions on Plots

ISLAMABAD: Nova City and Islamabad Chamber of Commerce and Industry (ICCI) recently signed a Memorandum of Understanding (MoU) to establish a joint venture for a Special Economic and Industrial Zone.

The MoU was signed at the ICCI office in G8 and was followed by an Iftar dinner hosted by Nova and ICCI at Serena Hotel Islamabad, attended by businessmen, ambassadors, and the Chief Guest Ishaq Dar.

Chairman Nova Group Chaudhary Junaid Afzaal and President ICCI Ahsan Zafar Bakhtawari signed a concession plan on Nova plots during the ceremony.

Nova City also offered ICCI members special discounts on plots, convenient payment plans, and possession of plots on 40% payment.

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In his address, President ICCI Ahsan Zafar Bakhtawari thanked Chaudhary Junaid Afzaal for the services rendered by Nova Group to the Chamber members.

Chairman Nova Group expressed his gratitude towards the ICCI members for their tireless efforts in completing the agreement.

He added that Nova City was committed to providing facilities to all ICCI members and playing a role in the betterment of the economy.

The senior management of Nova Group and members of the Chamber and the real estate community attended the event.


  1. “Services” rendered by NOVA for chamber, may be special. According the chamber has decided to choose NOVA out of thousands of Punjab Housing Societies. Why the chamber are not interested to deal with any other society of Islamabad having appropriate NOC and legal backing. May be any other society did not “provide” any “services” to “chamber”. Exposing Chamber working for vested and personal interests. Chamber never raised voice against extreme “mehngai (price hike)” or any other issue faced by public. God bless the Chambers.

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