The dream of owning a piece of Lahore’s real estate has become more attainable than ever with New Metro City Lahore’s attractive installment plans. This burgeoning housing society promises not only a vibrant community but also flexible payment options for both residential and commercial plots.
Residential Plots: A Stepping Stone to Your Dream Home
New Metro City Lahore caters to a variety of residential needs with plots ranging from a cozy 3.5 marla to a spacious 1 Kanal. The installment plans are designed to be manageable, allowing individuals and families to comfortably step onto the property ownership ladder.
Here’s a breakdown of the payment structure for some popular residential plot sizes:
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3.5 Marla: The total price of a 3.5 marla plot sits around PKR 2,975,000. The journey begins with a booking amount of PKR 390,000 followed by a confirmation fee of PKR 150,000 within 30 days. The remaining amount is then divided into 30 monthly installments of PKR 37,800. A balloting fee of PKR 450,000 needs to be considered, which can be paid in installments as well.
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5 Marla: For a 5 marla plot, the total price reaches PKR 3,990,000. The initial steps involve a PKR 490,000 booking amount and a PKR 199,500 confirmation fee. Similar to the 3.5 marla plot, the remaining amount is spread across 30 monthly installments of PKR 44,500. Here, the balloting fee amounts to PKR 598,500.
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10 Marla and 1 Kanal: As the plot sizes increase, so do the total costs. However, the installment plans remain proportional, making ownership achievable.
Important Note: It’s crucial to remember that the above-mentioned prices are for the land only. Development charges are applicable separately and vary depending on the plot size. For plots between 5 marla and 7 marla, development charges are PKR 300,000 per marla, while for 10 marla and 1 Kanal plots, the development charges are PKR 275,000 per marla.
Benefits of Easy Installment Plans
New Metro City Lahore’s installment plans offer several advantages for potential residents:
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Manageable Payments: Spreading the cost over several months allows individuals to budget comfortably and avoid a significant upfront financial burden.
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Long-Term Investment: By opting for installments, you can secure your plot in a developing area, potentially witnessing significant value appreciation over time.
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Accessibility for Many: This payment structure opens doors for a wider range of income groups to participate in Lahore’s real estate market.
Commercial Plots: Fueling Your Business Aspirations
New Metro City Lahore recognizes the needs of entrepreneurs and business owners as well. The society offers a diverse range of commercial plots, from a compact 2.66 marla to a spacious 8 marla, catering to ventures of various sizes.
The good news is that these commercial plots are available not only on a cash basis but also with flexible installment plans. This allows aspiring entrepreneurs to secure their prime location within the society without a significant upfront investment.
Investing in Your Business Future
While specific details on commercial plot installment plans might be subject to change, the core principle remains the same – providing a manageable path towards property ownership. Here are some potential advantages to consider:
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Strategic Location: New Metro City Lahore boasts a prime location, offering excellent connectivity to major business hubs and commercial centers. Investing in a commercial plot here can provide significant advantages for your business visibility and reach.
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Growth Potential: As the society develops, the value of commercial plots is likely to increase, making your investment even more rewarding.
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Flexible Options: With installment plans available, you can focus your initial resources on business development while securing your future commercial space.
Exploring Further: Before You Invest
While New Metro City Lahore’s installment plans offer an attractive entry point, it’s crucial to conduct thorough research before making any investment decisions. Here are some additional steps to consider:
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Verify Project Status: Ensure that New Metro City Lahore has the necessary legal approvals from relevant authorities, such as the Lahore Development Authority (LDA).
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Review Development Timeline: Understand the projected timeline for infrastructure development within the society. This will give you a clearer picture of when you can expect to utilize your plot.
