Nova City Islamabad

Nova City-An Introduction:

Nova City Islamabad is a developing real estate project located far away in Zone-2 of Islamabad adjacent to competitive societies like Top City, Mumtaz City, and Eighteen as the New Islamabad International Airport attracted the interest of developers.

Although the work pace at Nova City is average, it has still much to do to compete with its rivals, but the officials of Nova City claimed to grab a designated motorway interchange, and the much-anticipated Ring Road is also expected to facilitate this society in commute.

Nova City expedited its efforts for NOC which has been issued recently.

The existing track that connects Nova City is broken owing to ongoing construction work taking 35-40 minutes to reach here from Islamabad International Airport.

Furthermore, Nova City is accessible via GT Road, Kashmir Highway, DI Khan Motorway, Ring Road, and Kohat Road.

Currently, the price for a Nova City plot starts from 20 lacs for a 5-Marla plot and goes up to Rs. 14.5 Mn for 2 Kanal land.

Developers of Nova City are comparatively new in the market which could get the people looking to invest in Nova City to think twice.

• 24/7 Electricity
• Community Centers
• Educational Institutes
• Grand Mosque
• Health Care Facilities
• Parks
• Playground
• Sewerage Disposal System
• Sports Facility
• Surveillance and Security
• Walkways/Jogging Tracks
• Zoo

Nova City-Property Types:
1. Commercial:
Nova City offers various Commercial sizes for multiple commercial activities as designated by the authorities.
• 4 Marla in Pueblo Block is equal to 6,000,000 on 40 Monthly Installments with 20% Down Payment.
• While 8 Marla can be purchased at a price of 12,000,000 with 20% Down Payment.
2. Residential:
Following are the sizes of Residential Plots in Nova City:

• 5 Marla (125 square yards)
• 10 Marla (250 square yards)
• 1 Kanal (500 square yards)
• 2 Kanal (1000 square yards)
Nova City also has multiple long-and-short-term Residential options that include.
• 3.5 Marla plot in 1,275,000 in installments
• Whereas 5, 8, 10, and 20 Marla are available between 2,750,000 to 8,800,000
ESPORTES BLOCK:
In this block, the owners of this society have offered the most demanded and anticipated residential plot categories. The plot categories are:
• 8 Marla
• 14 Marla

• Residential
• Commercial

The developers of Nova City are eponymously called Nova City Developers. Their profile includes the famous school brand ‘Nova City School’ and other nominal projects.

Nova City Islamabad location near Islamabad International Airport on the M-14 Motorway. Investment in Nova City can be the right choice for investors due to its prime location. The Nova City Islamabad map is simple to navigate because it is located in one of the competitive parts of the twin cities. It is also near the CPEC route and the Rawalpindi Ring Road (RRR). The society can be reached via several routes.

• Well-Established Mosque
• Fully Secured Gated Community
• Wide Carpeted Roads
• Parks and Zoo
• Jogging Tracks
• 24/7 Electricity, Gas, and Water
• Playland for Children
• Water Disposal System
• Sports Area
• Medical Complex
• Educational Institutions
• Commercial Spaces
• Environment-Friendly Community

• New Islamabad International Airport (25 KM)
• Islamabad City (40 KM)
• Rawalpindi City (42 KM)
• Mumtaz City (17 KM)
• Fateh Jang (17 KM)
• Tarnol (30 KM)
• CPEC Ring Road Interchange
• M-2 Motorway

• Immediately Adjacent to the CPEC Route
• Just off the Rawalpindi Ring Road
• Immediately Adjacent to the CPEC-Ring Road Interchange
• Kanial is Only Around a 4-Minute Drive Away
• Bango is Only Around a 7-Minute Drive Away
• Dhok Korak is Only Around 11 Minutes Distant by Car

Nova City Islamabad’s No Objection Certificate (NOC) has been approved by the Tehsil Municipal Administration (TMA) Fateh Jhang and the Punjab Housing and Town Planning Agency (PHATA) under letter No. PHATA/W-I/PHS/2021/690.

Projects that have been approved and legalized, like Nova City NOC, have a better likelihood of development and investment.

The approved Layout Plan of Nova City Islamabad is not uploaded by CDA on its site. Society has also not made it public perhaps due to market uncertainty, but ProProperty has made access to it from various sources.

Nova City plot prices vary as per plot size and location. Here are the ranges of plot prices of Nova City Islamabad.

• 125 Sq. Yards in Overseas Block – Rs 2,240,000
• 250 Sq. Yards in Overseas Block – Rs 4,150,000
• 500 Sq. Yards in Overseas Block – Rs 8,000,000

Similarly, the price of 5 marla plot in Nova City Islamabad is around Rs 2,475,000 which goes up to Rs 8,800,000 for 1 Kanal.

The prices for 4 and 8 Marla plots in Nova City Islamabad Commercial Block are Rs 60,00,000 and Rs 1,20,00,000 respectively.

Nova City Islamabad is undergoing infrastructure development to tempt investors and instill trust in the developers and the project. Many Nova City Islamabad investors believe that it has the potential to generate high-yielding investment returns owing to quality development.

Property types in Nova City Islamabad include commercial and residential properties. Both residential plots in Nova City Islamabad and Commercial plots in Nova City Islamabad are for sale.

1. Commercial Plots for Sale in Nova City Islamabad
Nova City offers various commercial sizes for multiple commercial activities as designated by the authorities.

Price of Commercial Plot Nova City Islamabad

• Price of 4 Marla Nova City Islamabad commercial plot in Pueblo Block is Rs 6,000,000 on 40 monthly Installments with a 20% down payment.
• Price of 8 Marla Nova City Islamabad commercial plot is 12,000,000 with a 20% down payment.

2. Residential Plots for Sale in Nova City Islamabad
Following are the sizes of Residential Plots in Nova City:

• 5 Marla (125 square yards)
• 10 Marla (250 square yards)
• 1 Kanal (500 square yards)
• 2 Kanal (1000 square yards)

Price of Residential Plot Nova City Islamabad

Nova City also has multiple long-and-short-term Residential options that include.

• 3.5 Marla plot in 1,275,000 in installments
• Whereas 5, 8, 10, and 20 Marla are available between 2,750,000 to 8,800,000

ESPORTES BLOCK:
In this block, the owners of this society have offered the most demanded and anticipated residential plot categories. The plot categories are:
• 8 Marla
• 14 Marla

• 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 the formal launch of the society.
• Confirmation payment must be done within 45 days of initiation, otherwise the purchase stands cancelled.
• 10% on full payment.
• 5% on half payment.

The project is in its early phase of development therefore it did not show any major price hike.
A 5 Marla Residential plot during its launch was equal to 1,995,000 that’s now equal to 2,475,000.
In other words, the price trend is raised to approx. 24% which is not a healthy elevation as compared to other ongoing projects.
From the platform of ProProperty, we advise you to carefully observe the market trends and compare prices of different projects so that you get the most out of your amount. Furthermore, all other details regarding price plans and Installment policies can be accessed from our site.

Pros
24/7 Water, Electricity, and Gas supply is available.
Schools and Colleges are there in society.
Theme Parks/Recreational Areas, Grocery/shopping malls/Markets/Malls are there in society.
A peaceful and secure environment is all you want.
Gated community with security gates, surveillance systems, CCTV Cameras & guards
Very close to prominent locations & other societies
Carpeted main boulevard, Roads, streets, lanes & walk-ways for pedestrians
Well-planned drainage & waste disposal systems
Police Station
Cons
Perception of high prices
Distant location from main city
Surrounded by rural areas

1. Nova City Islamabad has closed the installment payments for inclusion in the upcoming ballot which, according to society, will be held on 20th November 2022. The news was shared on the society’s official Facebook page.
Read More: Nova City Closes Due Instalment Payments for Inclusion in Upcoming Ballot – ProProperty (propakistani.pk)
2. Nova City has extended the last date of submission of dues to October 16. Nova City has advised all members to clear their dues by the 16th of October to participate in the first balloting and get the plot number.
Read More: Nova City Islamabad Extends Deadline for Clearing Dues – ProProperty (propakistani.pk)
3. Nova City Islamabad is going to break ground for Nova City School and College today. Nova City Islamabad claims that Nova City School is part of the society’s commitment as they aim to provide a world-class living experience along with international-standard education.
Read More: Nova City to Break Ground for Nova City School & College Today – ProProperty (propakistani.pk)

Nova City Islamabad is being built by Nova City Developers in one of the best places near Islamabad. The proximity to the CPEC route and the Rawalpindi Ring Road makes it the most desirable housing society in the near future.
Society is promising in nature since it has the potential to provide significant returns. This is an opportunity for those who believe in a prosperous future. Society promises to provide the best infrastructure improvement to residential and business sectors at the most affordable costs while providing state-of-the-art facilities.
ProProperty is your go-to real estate partner, and we believe that this is an opportunity to invest in this society. Please contact us if you have any questions about Capital Smart City, Park View City Islamabad, Lahore Smart City, Rudn Encalve or any other society in the twin cities.