Nova City Islamabad Rates: (Offer Affordable Payment Plan – Book Now)

This is a complete guide to Nova City Islamabad rates and has everything you need to know.

Bottom line: You will get an overview of the plot prices being traded on the market.

Are you ready?

Let’s get started.

Introduction

It is in the launching phase, offering residential plots at affordable prices.

NC is selling 5, 8,10, 14 Marla, and 1 Kanal residential plots on easy/affordable installments price plans.

According to company policy, they confirm the plot booking at 10% of the total amount paid.

Further, they decided the down payment applicant should pay within 45 days of the initial payment.

Nova City

Here is the payment schedule.

5 Marla Plot Price

  • Total Price = 2,475,000 PKR
  • Down Payment = 495,500 PKR
  • 8 Half Yearly Installments = 67,563 PKR
  • Monthly installments (40) = 19,900 PKR
  • On Possession = 643,500 PKR

8 Marla Plot Price

  • Total Price = 3,670,000 PKR
  • Down Payment = 734,000 PKR
  • 8 Half Year Installments = 112,333 PKR
  • Monthly installments (40) = 28,000 PKR
  • On Possession = 917,500 PKR

10 Marla Plot Price

  • Total Price = 4,450,000 PKR
  • Down Payment = 890,000 PKR
  • 8 Half Yearly Installments = 105,938 PKR
  • Monthly installments (40) = 40,000 PKR
  • On Possession = 1,112,500 PKR

14 Marla Plot Price

  • Total Price = 6,125,000 PKR
  • Down Payment = 1,225,000 PKR
  • 8 Half Year Installments = 196,094 PKR
  • Monthly installments (40) = 45,000 PKR
  • On Possession = 1,531,250 PKR

1 Kanal Plot Price

  • Total Price = 8,800,000 PKR
  • Down Payment = 1,760,000 PKR
  • 8 Half Year Installments = 230,000 PKR
  • Monthly installments (40) = 75,000 PKR
  • On Possession = 2,200,000 PKR

Note:

  • These prices are for non-category plots.
  • For category plots like park facing, corner, or main Boulevard, 10% additional charges will apply.
  • These are prices for pre-launch phases and may change after the formal launch of the society.
  • Confirmation payment has to be done within 45 days of initiation, otherwise, the purchase stands cancelled.
  • 10% on full payment.
  • 5% on half payment.

Here’s the residential pre-launch payment plan (installment Plan).

nova-city-price-plan
Price Plan

They offer a competitive, customer-friendly, and low-rate payment schedule:

Nova city Islamabad Pre-Launch Payment Plan
Pre-Launch Payment Schedule ( Old Price List)

The total price of a 5-Marla plot is Rs.1,995,000. The down payment is Rs.199,500. The confirmation price is also Rs.199,500. The plot can be paid for in installments: 40 monthly payments of Rs.19,500, 8 half-yearly payments of Rs.45,000, and a final payment of Rs.456,000 upon possession.

A 10-Marla plot costs Rs.3,750,000. The down payment is Rs.375,000. The confirmation price is also Rs.375,000. Payment plans include 40 monthly installments of Rs.36,000, 8 half-yearly installments of Rs.99,000, and a final payment of Rs.768,000 upon possession.

A 1-Kanal plot costs Rs.7,250,000. The down payment is Rs.725,000. The confirmation price is also Rs.725,000. Payment plans include 40 monthly installments of Rs.68,000, 8 half-yearly installments of Rs.185,000, and a final payment of Rs.1,600,000 upon possession.

Here is a rewritten version in short sentences:

A 2-Kanal plot costs Rs.14,200,000. The down payment is Rs.1,420,000. The confirmation price is also Rs.1,420,000. Payment plans include 40 monthly installments of Rs.130,000, 8 half-yearly installments of Rs.350,000, and a final payment of Rs.3,360,000 upon possession.

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Terms & Conditions for booking a plot

Here are the terms and conditions for buying a plot:

  • The above prices are for non-category plots. For category plots, a 10% extra charge in addition to the principal amount required to pay.
  • These limited-time-offer prices are pre-launch prices.
  • The price is subject to change without any notice.
  • The prices are inclusive of development charges.
  • Pay Order in favour of “Nova City Developers”.

Important Notice

Here are the essential points regarding booking and payment:

  • In case of failure, the confirmation expires within 45 days.
  • 10% discount on full payment and 5% discount on 5% payment of the property.
  • The plot prices of NC are exclusive of any government charges, taxes, or duties.

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Final Thoughts

In a nutshell,

at the outset, the Nova City Housing Project performed very well regarding per-launched booking.

However, back in January 2022, the prices went down due to some conspiracies in the market.

To learn more about real estate investment opportunities in all major cities in Pakistan, stay connected to the ICONS blog – the best property blog in Pakistan.

ICONS (Investment Consultants) recommends you buy or sell a residential and commercial plot in Nova City to get the best ROI.

I hope you found this new area guide on NOVA rates helpful.

Now It’s Your Turn…

What do you think of Nova City Housing Project prices?

Or maybe you have a question about it,

Either way, leave a comment quickly below.

I’ll be around today to reply to comments and answer questions.

So, if you have a question, leave a comment right now.

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1 Comment

  • samina 2 years ago

    Thanks for sharing details with us.

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