Nova City Developers, a renowned name in the real estate sector of Pakistan, have recently launched their latest project, Nova City Peshawar. This upcoming housing society is set to transform the real estate market of Khyber Pakhtunkhwa (KPK) with its state-of-the-art facilities and amenities.
It is currently in its developmental phase, with its master plan yet to be finalised, but the pre-launch phase has already generated a lot of buzz among investors and homebuyers.
Graana.com discusses the features, location, payment plans, and other relevant details about the housing society below to help you make an informed decision about making an investment here.
Location of Nova City Peshawar
Adjacent to the M-1 Motorway, the society enjoys an excellent locational advantage. It is only a few minutes drive away from other places like Charsadda, Mardan, Risalpur, Nowshera, Bacha Khan University, Peshawar Ring Road, and Peshawar Northern Bypass. This prime location offers easy accessibility and convenience to the residents.
Residential Plots
The residential plots in the society are available in various sizes, including 3 marla, 5 marla, 7 marla, 10 marla, and 1 kanal. During the pre-launch phase, investors have an excellent opportunity to buy residential plots at attractive rates, making it an ideal real estate investment in Pakistan, especially for those looking for long-term returns.
Commercial Plots
Although the commercial plots are still under development, the developers have promised to offer numerous perks and benefits to business owners. The commercial blocks will provide ample opportunities for businesses to flourish, with the promise of top-quality international brands entering the market.
Payment Plans for Nova City Peshawar
Nova City Peshawar offers a variety of payment plans for residential plots, which are designed to balance affordability and luxurious standards. It is important to read all the relevant information mentioned in the payment plan to avoid any confusion.
The current prices are inclusive of developmental charges, and there is a 10% confirmation charge that must be paid within 45 days of booking. The payment plan offers a 10% discount on the full payment of the plot and a 5% discount on the 50% payment of the plot.
| Plot Size | Down Payment (PKR) | 40 Monthly Instalments (PKR) | 80 Half-Yearly Instalments (PKR) |
| 5 Marla | 510,000 | 25,500 | 12,750 |
| 10 Marla | 460,000 | 32,500 | 16,250 |
| 1 Kanal | 765,000 | 51,500 | 25,750 |
Features of Nova City Peshawar
The project aims to provide its residents with a sustainable and luxurious lifestyle by providing the following:
Gated Community
It will be a gated community that offers a secure environment to its residents. It will be enclosed by boundary walls, and there will be dedicated security personnel who guard the entrance and exit gates around the clock. This ensures that only authorized individuals are allowed to enter the society.
24/7 Security and CCTV Surveillance
There will be a dedicated security team that patrols the area regularly to ensure the safety of residents. Additionally, there is a CCTV surveillance system installed throughout the community to monitor any suspicious activity.
Commercial Area
There will be a large commercial area that includes various shops, supermarkets, and other commercial outlets.
Educational Institutes
There will be a number of schools and colleges within or near the society that will provide quality education. These institutes will be equipped with state-of-the-art facilities and will have staffed by highly qualified and experienced teachers.
Green and Serene Environment
The community will feature lush green parks and gardens that provide a refreshing and calming environment for residents to relax and unwind.
Hospital and Medical Facilities
The community will feature a state-of-the-art hospital that will be staffed by highly qualified doctors and nurses. Additionally, there will have medical clinics here as well, which will provide residents with easy access to quality healthcare.
Parks and Recreational Centres
There will be parks and recreational centres as well, to provide residents with opportunities to engage in various activities.
Wide Carpeted Roads
Nova City Peshawar will feature wide, carpeted roads to ensure a smooth flow of traffic.
Underground Electricity and Sewerage System
An underground electricity and sewerage system ensures uninterrupted power supply and efficient waste management in society. It also enhances the aesthetic appeal of the community by reducing the visual clutter caused by overhead cables and pipes.
Community Centres
The well-designed community centres enable residents to organise social events, meetings, and gatherings.
Sports Facilities
The housing society will offer various sports facilities, such as cricket grounds, football fields, basketball courts, and tennis courts.
Shopping Mall
There will be a modern shopping mall that will house a variety of local and international brands.
Fine Dining Restaurants
The housing society will also have a range of restaurants, cafes, and eateries.
Conclusion
With its prime location, state-of-the-art amenities, and high-quality infrastructure, Nova City Peshawar aims to provide a comfortable and serene environment. The availability of various plot sizes and flexible payment plans make it an attractive option for investors.
The acquisition of NOC and strict security measures ensure a safe and secure living experience. Furthermore, the developer’s track record of delivering sustainable and high-end housing projects adds to the credibility of the project.
FAQs
What is Nova City Peshawar?
It is an upcoming housing society located near the M-1 Motorway in Peshawar, aiming to provide luxury living.
Has Nova City Peshawar obtained a NOC (No Objection Certificate)?
Yes, it has already obtained the No Objection Certificate (NOC) from the Tehsil Municipal Administration (TMA) of Peshawar.
Is Nova City Peshawar a safe investment opportunity?
It offers an amazing investment opportunity for those seeking short-term and long-term returns. With affordable rates for residential plots in instalment plans, it is an attractive option for those looking for secure investments.
What are the facilities and features offered at Nova City Peshawar?
It will offer an array of facilities and amenities, including parks, playgrounds, a community centre, a shopping mall, and a hospital, among others. The housing society will also provide 24/7 security and maintenance services to ensure a comfortable living experience.
Who are the developers behind Nova City Peshawar?
It is the latest project of the Nova Group, with Faisal Noman as its current CEO and Junaid Afzal leading all Nova City projects. With their experience and dedication, they have provided sustainable and luxurious homes to the citizens for many years.
What is the payment plan for residential plots at Nova City Peshawar?
It offers flexible payment plans for residential plots, including instalment plans spanning over 2, 3, and 4 years. This allows potential investors to choose a payment plan that best suits their budget.
What is the expected completion date for Nova City Peshawar?
It is a developing community, and the completion date is subject to change. However, it is expected to be completed within the next few years. The developers are committed to completing the project within the stipulated time frame.
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