Nova City Commercial Plots – Launched Sizes
Nova City Islamabad commercial plots 4 & 8 Marla have been launched. If we talk about the history of launched plots in Nova City Islamabad, this is the first-time commercial plots have been launched in society for the public. Previously in April 2021, 5 marlas,10 marla, and 1 Kanal residential plots were launched.
In the 2nd Phase, residential plots of 8 & 14 Marla were launched. And recently, for the first time, Nova City Islamabad has launched Commercial Plots. Initially, it has launched commercial plots of 4 & 8 Commercial plots. It’s almost 15 lakhs per marla, which is very minimal for now.
But when in a few weeks, Nova City Islamabad NOC will be finalized, investors will gain returns in millions, most probably more than thrice from the original price. The Next 3 to 4 weeks going to be very beneficial for the investors of commercial plots. Due to the prime location and developers’ background, it’s already in demand.
Commercial plots always provide profit, whichever is the society. It’s very rare that commercial plots resale at the same original price in the market. Every society has a plan of selling commercial plots in few numbers, as it always provides. Almost 5% of the society is commercial and this 5% help society gains huge business.
Nova City Islamabad Commercial Plots – Impact of Height
As Nova City Islamabad is at the backside of New international Airport. The total height allowed for commercial airports in the airport premises is 180 ft.
There are two kinds of bylaws. The first is by Regularity authority like RDA, CDA, or TMA. Second, Bylaws by society for itself. Nova City Islamabad by-laws are expected to be changed later. Official, there is no announcement, but it is expected. The official government allowed height in the CPEC route DA Khan Hakla is 180 ft.
For 4 marla commercial plots, G+17 can be built on it. It’s on society that where they will put 4 marla plots. Second,8 marla plots would be on the main road. The main road width is from 120-220 ft. Few 8 marla plots will be on 120 ft, some will be on 160 ft, and some will be on 220 ft.
These commercial plots have been launched first time at their first price. Now there are two points of view, first if the person buys it as an end-user, build it, and then how much they will get the return. Second, how much return is there for investors. Both points depend on the location. Most of the buyers intend to buy it, construct it, and then want to get a return from it.
Now, on the north side of Nova City Islamabad, there is a project of 66 billion, CPEC. On the south side, there is the Srinagar highway and on the northwest side, there is the CPEC Cargo zone. Let’s say, society allows you to construct G+10 on the main road, there will be a great margin of getting huge profit.
Nova City Islamabad Commercial Plots – Profit for End-user
From the point of view of the end-user, these buildings will have great importance. Because, in G+10, with basement, there will be 12 floors and from the rent point of views, it will be a great profit.
Nova City Islamabad Commercial Plots – Profit for Investors
Now, from the point of view of investors, investors’ concerns are different from end-users. Like they will think, in how much time and investment, they will get the return with how much profit? This is the first-rate Nova City Commercial Plot. Investors will gain more profit because more rates will come, it’s only the first-rate. Rates will get higher, may double or triple in some cases.
From both points of view, there will be a huge profit. Keeping in mind that due to location and allowed height,15 lakh per marla is nothing.
Nova City Islamabad Commercial Plots – Launched Prices
Well, the price of any plot depends on how much height is allowed and what will be the development charges. Nova City Islamabad commercial plots are exclusive of development charges in this first phase. Nova City Islamabad’s 4 commercial plots are about 60 lakhs. The government is allowing 180 ft heights for this, so there will be 3 to 7 floors for 4 marla plots. Still from these floors, you can review huge rents. The same goes for 8 marla plots, priced at about 120,00000.
Future Development in Nova City Islamabad
For now, the launched commercial plots do not have any specific block.4 marla plots are usually placed in the middle of any sector in the resident’s area. Every society has 20 to 40 commercial plots that are used to gain more business. These plots are used to build markets, grocery shops, or malls.
It is expected that these 4 marla commercial plots will be placed in the Esportes block and 8 marla plots will be on the main boulevard of the same sports complex. 8 marla plots can also be on the main boulevard of residential districts. All these assumptions are solely based on experience and only society can describe the exact location of Nova City Islamabad plots in the master plan at the time of balloting.
For more information on Nova City Islamabad payment plan, NOC, installments years, or Esportes block best location contact Makaan Solutions Now.
What Are The Sizes Of Nova City Commercial Plots?
Initially ,Nova City Islamabad has launched commercial plots of 4 & 8 Marla.
What Are The Sizes Of Nova City Islamabad Residential Plots?
In the first phase, Nova city launched plots of 5 marla, 10 marla and 1 kanal.
What Are The Sizes Of Plots Launched In 2nd Phase By Nova City Islamabad?
In the 2nd Phase, residential plots of 8 & 14 Marla were launched by Nova City Islamabad.
What Is The Height Allowed For Building To Be Build On 4 & 8 Marla Commercial Plots?
The official government allowed height in the CPEC route DA Khan Hakla is 180 ft. For 4 & 8 marla commercial plots, G+17 can be built on it
What Are The Prices Of 4 & 8 Marla Commercial Plots Of NOVA City Islamabad?
Nova City Islamabad’s 4 commercial plots are about of 60 lakhs and 8 marla plots are of 120,00,000.
Nova City Islamabad Commercial Plots
If you want to know about Nova City Islamabad, contact Makaan Solutions. Our Sales Executive Officer will provide you with all the latest information. Starting from consultation to choosing the property, and from booking to owning your dream property. For further details, please do not hesitate to contact on the below given information:
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