Nova City Islamabad-All You Need to Know

 No one can deny the fact that we all love a good housing deal. After all, who doesn’t like living in a spacious home with modern amenities at an affordable price? However, with so many housing societies sprouting up left and right, it can be difficult to keep track of them. Fortunately, we have you covered. With this blog post, you will learn everything you need to know about Nova City Islamabad; a new housing society located in A Block Green Valley Viewpoint.


What to know before buying a property in Nova City Islamabad

Before you rush out to buy a property in this upcoming housing society, there are a few things you need to know. These include: - The property rates in Nova City Islamabad have yet to be announced. However, based on the size and location of the property, you will have a good idea of how much it might cost. - Nova City Islamabad is a fully-fenced society with 24/7 security; meaning you don’t have to worry about your safety. - The project has been approved by the Federal Capital and Development Authority (FCDA). As a result, it should have minimal delays during the construction and completion phases. - You have the option to purchase a ready-to-move-in (RM) or a semi-furnished property.


How much will a property in Nova City cost?

As mentioned above, the property rates in Nova City Islamabad Location have yet to be announced. However, we expect the rates to be competitive and affordable for all. If you are looking for a ready-to-move-in (RM) property, the rates will be higher than for a semi-furnished property. The ready-to-move-in (RM) property will cost 1.5 to 2 times higher than the semi-furnished property.


When is the launch date for Nova City?

The Nova City launch date is set to be December, 2019.


Who can buy a property in Nova City?

If you are an individual, a couple, or a family looking to buy a property in Islamabad, you are welcome to buy a property in Nova City Islamabad. This housing society is open to all; whether you are a Pakistani or an expat. However, you will need to provide a NOC (no objection certificate) from your respective Embassy to purchase a property in Islamabad.


Where will the building be located?

Nova City Islamabad is located in A Block Green Valley Viewpoint near Islamabad Highway. It is situated near various shopping centers, restaurants, and other commercial areas. The location of this housing society makes it a prime location for the residents.




Is there an option to pay rent instead of owning a property?

If you are not ready to commit to buying a property, you can rent a property from Nova City Islamabad. You will have to pay a one-time rent of Rs 30,000 for a semi-furnished property and Rs 35,000 for a ready-to-move-in (RM) property. The rent will be valid for a period of five years. The advantage of renting a property is that you can always decide to purchase the property later. However, it is important to note that you will have to pay at least 10% of the property value as down payment when you shift to a new house. If you decide to purchase a property after five years, you will have to pay an additional 2% of the property value as Stamp Duty.


What are the amenities we can expect from Nova City?

Nova City Islamabad will be a state-of-the-art housing society with all the modern amenities. The amenities include a fully integrated and automated security system, ample parking space, a central water supply system, a sewage system, a proper drainage system, a modern and efficient storm water drainage system, landscaped gardens, and a sewage treatment plant. The society will be equipped with the latest technology and will provide you with a comfortable lifestyle.


Conclusion

Nova City is being touted as the new hub for residential and commercial real estate in Islamabad. If the project is completed according to the developer’s plans, it will be a great place to live. Whether you are looking to buy a property or rent a house in Islamabad, this is a great option. The project is close to Islamabad’s commercial areas, so you can easily commute via public transport or by car. Additionally, the project has a modern and efficient storm water drainage system, so you don’t have to worry about flooding. If you have been looking for a new home, this housing society is definitely worth considering.

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