Are you planning to invest in a housing society in Islamabad or Lahore? If yes, then you must have heard about New City Paradise and Lahore Smart City. These are two of the most sought-after housing societies in Pakistan that offer world-class amenities, modern infrastructure, and a luxurious lifestyle. However, if you are an overseas Pakistani, you might be wondering how to book a plot in these societies. In this article, we will guide you through the process of booking a plot in New City Paradise and Lahore Smart City.
Why Invest in New City Paradise and Lahore Smart City?
Before we dive into the process of booking a plot in these societies, let’s first discuss why you should invest in them.
New City Paradise is located in the heart of Islamabad and is a project of FDH (Faisal Developers and Holdings). It is a gated community that offers a secure environment, beautiful parks, commercial areas, and all other basic necessities of life. The project is designed to cater to the needs of all income groups, and the prices are quite affordable compared to other housing societies in Islamabad.
On the other hand, Lahore Smart City is a joint venture between Future Development Holdings (FDH) and Habib Rafiq Private Limited (HRL). It is located on the Lahore Bypass and is designed to be an eco-friendly society. Lahore Smart City offers modern amenities like smart infrastructure, 24/7 security, parks, and lakes.
Both New City Paradise and Lahore Smart City are ideal for investment purposes due to their location, modern infrastructure, and luxurious lifestyle. The property prices are also expected to rise in the coming years, making it a lucrative investment opportunity.
How to Book a Plot in New City Paradise?
Now let’s discuss the process of booking a plot in New City Paradise.
Step 1: Contact a Reliable Real Estate Agent
The first step in booking a plot in New City Paradise is to contact a reliable real estate agent. Make sure to choose an agent who is registered with the relevant authorities and has a good reputation in the market. The agent will guide you through the entire process and help you find the best plot according to your budget and requirements.
Step 2: Choose the Plot and Payment Plan
Once you have selected an agent, the next step is to choose the plot and payment plan. New City Paradise offers a range of plot sizes, including 5, 7, 10, and 20 Marla. The prices vary according to the plot size and location. You can choose a plot that best suits your budget and requirements. The payment plans are also flexible and can be customized according to your needs.
Step 3: Submit the Booking Form and Pay the Down Payment
After choosing the plot and payment plan, you need to submit the booking form and pay the down payment. The booking form can be obtained from the real estate agent or the New City Paradise office. You need to fill in the form with your personal and contact details and attach a copy of your CNIC.
Once you have submitted the form, you need to pay the down payment, which is usually 10% of the total price of the plot. The down payment can be made in cash, cheque, or through a bank transfer.
Step 4: Verification and Allocation of Plot
After submitting the booking form and down payment, the next step is verification and allocation of the plot. The verification process usually takes 7-14 working days, during which
the company will verify your documents and check your eligibility for purchasing a plot in New City Paradise. Once your application is approved, the company will allocate the plot to you and issue a letter of allotment.
Step 5: Finalize the Payment Plan and Pay Installments
After the allocation of the plot, you need to finalize the payment plan and pay the installments. The payment plan can be customized according to your needs, and the installments can be paid through bank transfer, cheque, or cash. It is essential to keep a record of all the payments made to ensure that you do not miss any installments.
Read in Detail: New City Paradise | Payment Plan 2023 | Location & Map | NOC
How to Book a Plot in Lahore Smart City?
Now let’s discuss the process of booking a plot in Lahore Smart City.
Step 1: Contact a Reliable Real Estate Agent
The first step in booking a plot in Lahore Smart City is to contact a reliable real estate agent. Make sure to choose an agent who is registered with the relevant authorities and has a good reputation in the market. The agent will guide you through the entire process and help you find the best plot according to your budget and requirements.
Step 2: Choose the Plot and Payment Plan
Once you have selected an agent, the next step is to choose the plot and payment plan. Lahore Smart City offers a range of plot sizes, including 5, 10, and 20 Marla. The prices vary according to the plot size and location. You can choose a plot that best suits your budget and requirements. The payment plans are also flexible and can be customized according to your needs.
Step 3: Submit the Booking Form and Pay the Down Payment
After choosing the plot and payment plan, you need to submit the booking form and pay the down payment. The booking form can be obtained from the real estate agent or the Lahore Smart City office. You need to fill in the form with your personal and contact details and attach a copy of your CNIC.
Once you have submitted the form, you need to pay the down payment, which is usually 10% of the total price of the plot. The down payment can be made in cash, cheque, or through a bank transfer.
Step 4: Verification and Allocation of Plot
After submitting the booking form and down payment, the next step is verification and allocation of the plot. The verification process usually takes 7-14 working days, during which the company will verify your documents and check your eligibility for purchasing a plot in Lahore Smart City. Once your application is approved, the company will allocate the plot to you and issue a letter of allotment.
Step 5: Finalize the Payment Plan and Pay Installments
After the allocation of the plot, you need to finalize the payment plan and pay the installments. The payment plan can be customized according to your needs, and the installments can be paid through bank transfer, cheque, or cash. It is essential to keep a record of all the payments made to ensure that you do not miss any installments.
Read in Detail: Lahore Smart City | Payment Plan 2023 | Location | Map | Booking
Conclusion
Investing in New City Paradise or Lahore Smart City is an excellent opportunity for overseas Pakistanis who want to invest in their homeland. Both societies offer modern amenities, luxurious lifestyle, and a secure environment, making them ideal for investment purposes. To book a plot in these societies, you need to follow a simple process that involves contacting a reliable real estate agent, choosing a plot and payment plan, submitting the booking form and down payment, and paying the installments. Make sure to do your research and choose a reliable agent to ensure a smooth and hassle-free experience.
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