New Lahore City
Numerous residential projects are being established throughout the city to address the need for new housing units, creating opportunities for infrastructure development and growth. Zaitoon, a prominent real estate development company in Pakistan, has launched New Lahore City to cater to suburban residents’ changing needs and preferences.
This project offers enticing investment opportunities, an excellent location, and a wide range of community amenities.
Graana.com gives an overview of New Lahore City, discussing various aspects of the projects, such as location, facilities, investment scope, and a brief discussion about project developers.
A project of Zaitoon Group, this artfully-planned suburban housing scheme features state-of-the-art infrastructure along with being easily accessible from all parts of Lahore. It sits on the main Canal Bank Road and enjoys proximity to several popular residential areas. In fact, it won’t be wrong to call this exclusive project a city within a city.
Since making a real estate investment requires a lot of research, we have put together a comprehensive guide detailing all the reasons behind the immense popularity of this relatively new housing society in Lahore.
Here is all you need to know about buying property in New Lahore City.
LOCATION OF NEW LAHORE CITY, LAHORE
The aesthetically-pleasing New Lahore City is situated on the main Canal Bank Road next to NFC Housing Society Phase 2. The renowned housing schemes of Bahria Town Lahore and Phase 2 of Sui Gas Housing are also located in the vicinity of this upscale project.
The most important feature of New Lahore City, however, is its easy access to a number of major road networks in the city. Along with the Canal Bank Road, you can also reach this housing society through Multan Road, Sundar Road and Lahore Ring Road (Multan Road Interchange). Ferozepur Road is also just a short drive from the main gates of this residential scheme. To top it off, these driveways have been granted the status of signal-free corridors. The main Canal Bank Road in front of the project has also been approved to be one-way. That means those living in this gated community can travel to and from the city without much hassle.
Needless to say, the stellar location of New Lahore City is its biggest selling point.
Facilities and Amenities
New Lahore City Housing Scheme currently provides residential and commercial plots ranging from 2 to 40 marlas at reasonable prices to cater to the diverse needs of prospective buyers. Interested parties can book with a down payment of 17.55%, with the remaining amount payable over a 3.5-year easy installment plan.
The society offers a walled and gated community with a particular focus on landscaping to enhance the project’s aesthetic appeal. The community features a 150 ft-wide main boulevard, and 55% of the land is available for lifestyle facilities such as parks, open spaces, and a purpose-built school. The project also boasts foolproof security, with surveillance cameras and 24/7 security personnel.
Additionally, the society has an underground utility infrastructure for power, gas, sewerage, and telecommunication to minimize the visual impact of utility poles and wires. The community also has a Gold Class cinema, a shopping mall, a state-of-the-art hospital, and a Jamia Masjid.
Furthermore, Zaitoon corporate office is located within the community, and residents enjoy uninterrupted electricity, with 24/7 power backup to ensure continuous power supply.
About the Developer
Zaitoon has a proven track record of successfully delivering multiple residential and commercial projects since its inception in 1987. In addition to New Lahore City, their residential projects include Royal Enclave, Premium Enclave, Platinum Enclave, Pearl Enclave, Overseas Enclave, and Zaitoon Residencia.
They also have several commercial structures, such as Japan Center, Lucky Center, and Landmark Plaza, located in Karachi, Lahore, and Islamabad. This extensive portfolio of successful projects showcases the company’s real estate development expertise and commitment to delivering high-quality properties to its clients.
Zaitoon’s founders and talent are committed to providing high-quality properties that exceed their client’s expectations. They prioritise their clients’ wishes and needs over profits, which is why they never compromise on construction standards and always strive to provide extra value for money.
With over three decades of experience in the market, Zaitoon has established a reputation for excellence in the real estate industry. Their commitment to quality and customer satisfaction has helped them to stand out and succeed in a competitive market.
NEW LAHORE CITY PAYMENT PLAN
The starting price for 3 marla plots in the project is PKR 16.5 lakh, whereas 5 marla plots for sale in New Lahore City have the minimum price tag of at PKR 27.5 lakh. Buying a 7 marla plot in the residential scheme costs at least PKR 38.5 lakh. The 10 marla plots for sale in New Lahore City require a minimum investment of PKR 55 lakh. Investing in 1 kanal plots in New Lahore City costs PKR 1 crore at the very least. Moreover, the starting price for 2 kanal plots in the area is PKR 2 crore, as per the official payment plan of New Lahore City.
Meanwhile, some property owners are also selling their ready-to-move properties in the housing scheme. You can find a 5 marla house for sale in New Lahore City within the range of PKR 75 lakh and PKR 95 lakh.
Investors can buy residential plots in New Lahore City on an easy payment plan comprising 10 quarterly instalments following a 20 percent down payment.
You can contact Us for New Lahore City either by visiting one of their offices or calling them on the numbers provided below. You can even send your query at the mentioned email address.
Office address: Park View City Lahore
FREQUENTLY ASKED QUESTIONS
Where is New Lahore City located?
It is located on the main Canal Bank Road right next to Phase 2 of NFC Housing Society.
What kind of plots are available for sale in New Lahore City?
The project offers both residential and commercial plots for sale.
Which plot sizes are available for sale in New Lahore City?
According to the official website, 3 marla, 7 marla, 5 marla, 10 marla, 1 kanal and 2 kanal residential plots are available for sale in New Lahore City. You can also invest in 2 marla, 5 marla and 8 marla commercial plots in the housing scheme.
What are the main features of New Lahore City?
Some of the main features of the project include:
Secure boundary wall
Access to major road networks
Backup electric supply
Parks and open spaces
Who is the developer of New Lahore City?
New Lahore City is a project of Zaitoon Group.
That brings an end to our investment guide on New Lahore City, Lahore. For any queries and feedback, feel to get in touch with by sending an email on firstname.lastname@example.org
In case you are looking to buy property in Lahore but haven’t decided on the area yet, make sure to check out our comprehensive Area Guides for the City of Gardens will definitely help you out. You can also take a look at the low-price houses for sale in Lahore for more budget-friendly investment options.
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