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Nova City Islamabad Overview
Nova City is an emerging real estate project in Islamabad with state-of-the-art infrastructure and is ideal for all budget genres. The project is currently in a development phase, but soon it is going to compete with other mega projects in twin cities. According to potential developers, Nova City has the best investment potential.
Though the project is not completed you can still book residential plots in Nova City. Above all, it is located in a very prime location right next to the CPEC route and Islamabad International Airport.
Contact us today to explore further about investment opportunities in Nova City.
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NOC and Legal Status of the Society
The Tehsil Municipal Administration (TMA) along with Fateh Jhang and Punjab Housing and Town Agency (PHATA) has officially approved the Non-Objection Certificate (NOC) of Nova City Islamabad.
This NOC carries the registration number PHATA/W-I/PHS/2021/690 and covers an area of 903 Kanal. With these approvals in place, investors can confidently look forward to society’s development and growth.
Location Overview
Nova City Islamabad is strategically situated along the M-14 Motorway near the Islamabad International Airport, making it a prime real estate investment opportunity in Islamabad.
Its convenient location places it among the best areas of the twin cities, with easy access to the CPEC route and Rawalpindi Ring Road (RRR). The society’s accessibility from multiple routes further enhances its appeal, making it an ideal choice for investors seeking convenience and connectivity.
Total area = 903 Kanal
Memorable Projects in Nova City Islamabad
Nova City Islamabad Payment Plan
The payment plan for Nova City generally includes
01
Residential Plots: 4-year installment plan for various plot sizes (5 Marla, 10 Marla, 1 Kanal).
02
Down Payment: 10-20%, depending on plot size.
03
Monthly and Semi-Annual Installments:Spread over 40 monthly or 8 half-yearly payments.
Things to Enjoy in Nova City
Nova City Islamabad Map
Nova City Islamabad Accessibility Points
- Islamabad City Center: 25-30 minutes away
- M-2 Motorway: Direct access nearby
- New Islamabad International Airport: 20 minutes away
- Rawalpindi Saddar: 35 minutes away
- Main Commercial Hub (Markaz): 15 minutes away
- Faisal Mosque, Islamabad: 45 minutes away
- Blue Area, Islamabad: 40 minutes away
Explore Investment Opportunities
Interested to know more about the sub-projects in Nova City, amenities & features, and other details? Check our daily updates!
Nova City Islamabad Relocation and Migration Trends
Nova City Islamabad Owners and Developers
Nova City Islamabad, developed by Nova Group, adheres to international infrastructure development standards. The visionary owner of Nova City Islamabad aimed to establish this society as the premier housing scheme in Pakistan.
Today, the project ranks among the top housing schemes in Islamabad, earning recognition as the prime choice for investment among investors.
Nova City Islamabad Houses Prices
A Sector
B Sector
C Sector
Nova City Islamabad Plots Prices
A Sector
B Sector
C Sector
Nova City Islamabad Commercial Plots Prices
4 Marla
8 Marla
1 Kanal
Things to Consider When Buying a Property in Nova City Islamabad
Location
Ensure the plot is in a well-developed, accessible sector near main roads.
Legal Status
Confirm the property is CDA-approved for secure transactions.
Infrastructure
Look for areas with completed or soon-to-be-completed amenities like roads, parks, and utilities.
Development Progress
Check the overall development status of the society to gauge future growth.
Price Trends
Research current and expected price appreciation for better investment returns.
Why Invest in Nova City Islamabad?
01
02
Infrastructure Development
03
Growth Potential
04
Approved NOC
05
Lifestyle Amenities
06
Investment Value
Benefits and Risks Involved in Buying a Property in Nova City Islamabad
Benefits:
Prime Location: Nova City’s strategic location near the Islamabad International Airport and along the M-14 Motorway offers convenient access to major transportation hubs and commercial centers, enhancing its investment potential.
Infrastructure Development: Developed by Nova Group, Nova City adheres to international standards of infrastructure development, ensuring high-quality amenities and facilities for residents, which can attract potential tenants or buyers.
Growth Potential: With ongoing development projects such as sports facilities, parks, and commercial areas, Nova City offers promising growth potential for investors, potentially leading to appreciation in property value over time.
Approved NOC: Nova City has obtained formal approval for its Non-Objection Certificate (NOC) from relevant authorities, assuring investors regarding the legality and legitimacy of the project, which adds to its credibility.
Lifestyle Amenities: Nova City boasts a range of lifestyle amenities, including sports complexes, parks, mosques, and commercial areas, enhancing the overall living experience for residents and potentially attracting a higher caliber of tenants.
Risks
Initial Investment: Properties in Nova City may require a significant initial investment due to its prime location and high-quality infrastructure, which may pose a barrier for some investors with limited financial resources.
Market Fluctuations: Like any real estate market, the value of properties in Nova City may fluctuate due to economic conditions and market trends, potentially affecting investment returns.
Limited Flexibility: Nova City developments may have strict building regulations and guidelines, limiting investors’ flexibility in customization and renovation, which may restrict potential opportunities for value enhancement.
Maintenance Costs: Properties in Nova City may entail higher maintenance costs due to the upscale amenities and standards of living, affecting overall investment returns.
Competition: Nova City may face competition from other similar developments in the area, which could impact occupancy rates and rental yields, potentially affecting investment performance.
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People May Ask
- Based on 242 Reviews
Nova City is exactly located next to the CPEC route and on the M-14 motorway adjacent to Islamabad Airport.