Looking to buy Residential Plot in New City Phase 2? Here is what you should know.
Why Buy a Residential Plot in New City Phase 2?
We’re all aware of the fact that location is an essential factor determining the success of any housing project, and the New City Phase 2’s premium locality makes it an ideal choice. The housing project connects to Brahma Bahter Interchange M-I and the Grand Trunk (GT) Road Wah Cantt. Buying a residential plot for sale in New City Phase 2 offers a secure investment opportunity as the project offers — both for investors and dwellers — all the essential facilities such as electricity, sewerage system, and gas. Moreover, gas and sewerage pipelines are provided by the developer at each plot. The venture’s developers have aimed to secure an environmentally sound and a masterfully-planned community — equipped with the best facilities available.
What are the Types of Residential Plots for Sale in New City Phase 2?
The housing scheme is divided into different blocks and each block has plots of sizes 4, 5, 7, 10 Marla and 1, 2 Kanal. Moreover, the society management has also offered easy monthly installments to facilitate investors and buyers alike. Additionally, some owners have been handed over the possession of their plots in certain blocks.
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Types of Residential Plots for Sale in New City Phase 2
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4 Marla
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5 Marla
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7 Marla
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10 Marla
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1 Kanal
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2 Kanal
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What is the Sale Price Trend for Residential Plots for Sale in New City Phase 2?
The price of residential plots in New City Phase 2 differs as per the size of the plot. The price of a 4 Marla residential plot in New City Phase 2 ranges between PKR 15 lakh to PKR 25 lakh. The prices for a 5 Marla residential plot for sale in New City will cost from PKR 20 lakh to PKR 55 lakh. The 7 Marla plots start from PKR 35 lakh and go as high as PKR 65 lakh. The price range of 10 Marla residential plots for sale in Park View City is between PKR 50 lakh and PKR 95 lakh. The rates of 1 Kanal plot in the New City Phase 2 are from PKR 90 Lakh to PKR 1.7 crore. 2 Kanal residential plots for sale cost from PKR 2 crore to PKR 3.5 crore. The prices may vary according to the block they are situated in, and also on factors like being a corner plot, or park-facing, etc.
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Sale Price Trend for Residential Plots for Sale in New City Phase 2
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4 Marla
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PKR 15 lakh – PKR 25 lakh
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5 Marla
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PKR 20 lakh – PKR 55 lakh
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7 Marla
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PKR 35 lakh – PKR 65 lakh
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10 Marla
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PKR 50 lakh – PKR 95 lakh
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1 Kanal
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PKR 90 lakh – PKR 1.7 crore
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2 Kanal
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PKR 2 crore – PKR 3.5 crore
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Salient Features of New City Phase 2
The New City Phase 2 has a lot to offer to its occupants, apart from its prime location. The housing society has lush green parks, with a play area for children, wide carpeted roads, and a beautiful mosque — centrally located. For families to enjoy a wholesome living experience, the developers of the society have ensured the provision of a small zoo, a cinema — which is currently under construction, and the New City Arcade shopping mall. Furthermore, there are many dine-in options available in the New City Phase 2. Fast Food chains like Burger King, Subway, and some local restaurants like Chaye Khana are also available in the society
Reasons to Invest in New City Phase 2
According to real estate experts, high-yielding returns are expected from society — considering the fast-paced development. The location of the New City Phase 2 itself promises fruitful returns. Moreover, Wah has also witnessed a rise in housing demands among investors due to the security aspect, as it is set up around the cantonment area — also because the building regulations, here, are implemented to the core.