PHATA issued Nova City NOC and declared it as a legal housing society
PHATA issued Nova City NOC and declared the legal status of the housing society. The NOC approval of any housing society plays a vital role in developing and evaluating that society. Similarly, most of the clients had immense anxiety about the approval of the legal status of Nova City. However, the approval of the No Objection certificate will encourage the investors to buy more properties in the most outstanding housing society.
Furthermore, after the announcement from the Punjab Housing and Town Planning Agency, the clients of the Nova City and investors are now rapidly going towards increasing their investment in the housing society to grow their outcomes. Before knowing the benefits of NOC, you should read about Nova City.
Nova City
Nova City is one of the best housing societies that are rapidly emerging. The housing society’s location is easily accessible from GT Road, Rawalpindi Ring Road, and CPEC route. It is a unique real estate project. Its main aim is to provide the clients with splendid opportunities for investment in commercial and residential plots. Nova City has become the clients’ priority due to its natural and luxury lifestyle among the appealing sceneries. Shortly, the housing society will soon be the hub of admirable infrastructures and economic activities where people can benefit from comfortable living and gainful transactions.
Developers
The development of any housing society relies on the developers of that society. The owners and developers of the housing society are Nova City Developers. They are well known and have a matchless reputation in the real estate field. However many infrastructure companies are, Nova City developers are peerless due to their numerous projects.
Features of Nova City
Nova city stands unique among other housing societies due to its cutting-edge features and facilities. The living environment that Nova housing society provides to its resident is exclusive. No other housing society provides such amenities, which Nova housing society provides to its clients at affordable and negotiable prices.
However, some of the salient features of the housing society are:
Elegant and peaceful environment
Gated community
Carpeted roads
Safe and secure
Playland for children
A sports complex for adults
Medial facilities
Education facilities
Power, Gas, and Water
Commercial hub
Power backup
Waste disposal System
Jogging tracks
Besides these facilities, Nova City is close to almost every primary life facility. While living in Nova City, you can easily benefit from all the facilities around the housing society.
Benefits of NOC
The approval of Nova City NOC has a very positive impact on the development of the housing society. So, the investors and the owners of the housing society will be benefited equally. However, those who had invested in Nova City before its NOC approval can earn more income as now the prices will be increased because the housing society has gained its legal status. Furthermore, after the Punjab Housing and Town Planning Agency PHATA issued Nova City NOC, the pace of the development work is rapidly increasing. However, if you want to invest in real estate, it is the best opportunity to invest in Nova City through Sigma Properties.
DHA has been one of Pakistan’s leading housing schemes for many years. It is one of the most popular residential complexes among residents and investors. Scams and fraud have been rare in DHA Housing Societies. It has consistently delivered on its promises, and as a result, it is now regarded as one of the most amazing and impeccable housing schemes to invest in. Today, we’ll discuss why you should invest in DHA housing societies, but first, let’s look at its history and how it became an excellent real estate investment.
Background
The Defense Housing Authority, or DHA, is Pakistan’s premier residential complex. It is still well-known in Pakistan and around the world for its excellent infrastructure and master plan. Because of its qualities and top-tier development, many overseas citizens have invested in DHA. It was built in 1975 to provide contemporary housing for military officials. Its goal was to provide army officials with comfort and modern living quarters because they do much for the country. Although the DHA was initially restricted to forces officials, it was later made available to the general public. Since 1975, the DHA has grown tremendously under the watchful eye of Pakistan’s Armed Forces.
Today, the Defence Housing Authority is unquestionably Pakistan’s premier residential development, epitomizing comfort, luxury, and extravagance. It has served as a model for other residential developments to follow. It has made real strides since its inception. Many leaps, hurdles, and challenges have been overcome by society. However, it remained dynamic, and today, the DHA can be found in many famous cities in Pakistan, including Islamabad, Lahore, and Karachi.
There are numerous reasons why the Defence Housing Society has advanced so rapidly. And why it stayed at the top. The defense housing authority is a large and powerful residential complex spread throughout Pakistan. DHA is popular among Pakistanis for various reasons, including its luxurious lifestyle, secure community, and unrivaled amenities. As previously stated, it is available in many major cities throughout Pakistan. Some of them are as follows:
Lahore
Quetta
Multan
Karachi
Islamabad
Peshawar
Gujran wala
Bahawalpur
The Defence Housing Scheme is more well-known today than it was previously because management has improved the safety and amenities. Its value has rapidly increased, and it is one of the best real estate developments in Pakistan to invest in. The real estate sector has risen to new heights in Pakistan, but DHA has remained at the top. It is a one-of-a-kind housing scheme.
So, you live in Pakistan and want to make a safe real estate investment with a high return on investment? The Defence Housing Authority is an excellent choice for you. We’ve compiled a list of points to help you clear your mind and answer, “Why to invest in DHA housing societies?”
Why Invest in DHA Housing Societies?
There are several reasons to invest in DHA Housing Societies, some of which are listed below:
Premium Investment Security
Unlike other residential complexes, DHA provides its residents with superior investment security. For over forty-five years, it has been a dependable housing scheme in Pakistan, and it has remained at the top due to its impeccable features and dependable security record.
DHA is under the watchful eye of Pakistani armed forces, which contributes to the residential complex’s safety. Furthermore, the government plays a role in DHA management, which reduces investment risk. In a nutshell, the Defence Housing Authority Is a safe and secure society in which to invest your money.
Luxury Residence
When it comes to living comfortably in Pakistan, DHA is an excellent choice. Many people have chosen DHA because of its luxurious and opulent residence. It is a planned society, with everything meticulously planned to provide residents with a homey feeling. DHA societies are precisely planned, with outdoor land, shopping centers, madrassas, playgrounds, enticing green grass, and other amenities. To summarize, DHA provides Pakistan’s best living environment.
Market Stability
Market stability should always be your first consideration when looking for residential complexes to invest in. When it comes to DHA’s market stability, it never ceases to astound us. There has been no instability since the establishment of the defense housing authority. The prices have simply risen over time. Furthermore, the properties perform exceptionally well in terms of rent and sales. According to the survey results, the prices of defense housing authorities have increased by 50%.
DHA is an excellent housing scheme with various residential and commercial properties such as apartments, villas, and commercial buildings. Although DHA is somewhat pricey, it is ideal and impeccable in living and superior to other housing schemes. The price and market value of DHA are increasing day by day, and based on statistics, it appears that it will continue to rise steadily in the future.
Reliability
Defence Housing Authority is a trustworthy residential complex with an excellent security system. First and foremost, it is guarded by Pakistan’s armed forces, making it a secure community. In addition, the society has CCTV Surveillance, a boundary wall, and security equipment for the residents’ safety. Ultimately, DHA is a scam-free housing scheme; you will most likely find no scam cases if you look through its history.
Conclusion
To summarize everything that has been said thus far, the defense housing authority is an excellent investment option. It is the ideal residential complex for long-term investment. Since its inception, DHA has remained at the top of the luxury residence, prime location, and market stability. As a result, DHA is an excellent investment option for investing in residential complexes. DHA is, without a doubt, the best investment in Pakistan. It has everything a resident could want, from a safe housing scheme to a prime location. In a nutshell, if you want to turn your salary into something profitable, DHA is the best option.
The Capital Development Authority has finally authorized Bahria Enclave NOC. It is now a permitted residential complex developing in the heart of Pakistan, Islamabad. Bahria Enclave is a massive venture in Islamabad. It is sponsored by Bahria Town Pvt. Ltd It is considered an impressive and remarkable residential complex because of its features. It has everything a resident might desire, from luxury to comfort. The developers have enriched residents with a tranquil aura blended with the frantic vibe. Bahria Enclave is the epitome of indulgence, luxury, and magnificence. Moreover, the venture aims to deliver economic and cost-effective amenities and facilities to its investors and residents at affordable plans.
Bahria town is the driving force behind the splendid Bahria Enclave. They are internationally recognized developers known for their impressive development work. In a word, Bahria Enclave is a profitable investment alternative. The possession of the first phase has already begun, whereas the No Objection Certificate of Bahria Enclave has also got approved lately. So, it is truly a lucrative investment and a great addition to your financial asset.
NOC Status of Bahria Enclave
Apart from its fascinating amenities, Bahria Enclave has lately got its No Objection Certificate approved by the Capital Development Authority. The housing schemes that comprise an authorized NOC have a lot more investment potential than those that do not. Thus, now that Bahria Enclave NOC is sanctioned, it truly is an exceptional housing scheme to invest in.
Benefits of Approved NOC
No Objection Certificate is a significant lawful formality in the sector of real estate. NOC has a significant role in specifying property value. In a word, a No Objection Certificate guarantees the housing scheme is legal, and it also ensures the constant supply and high quality of amenities. Moreover, a No Objection Certificate is also essential for earning buyers’ trust. It creates a medium of trust between the seller and the buyer. It also keeps you away from numerous legal issues and aids you in sustaining reliability. The societies that do not comprise NOC tend to face various issues. They face a lot of criticism, and investors remain in a vague situation concerning their investments. Mentioned below are the key benefits of investing in an authorized residential complex.
Secure Investment
Increase in Prices
Enhances the Value
Increase In Pace of Development
Creates a Sense of Trust
Why Invest in Bahria Enclave?
Bahria Enclave is the topmost venture of real estate if you are seeking out a housing scheme that is lavish yet cost-effective. Predominantly for the overseas Pakistanis looking for societies to invest in and reside in. The housing scheme is being developed on the global standards, and it aims to enrich residents of Bahria Enclave with the international living standards in Pakistan. Bahria Enclave exemplifies prosperity and luxury. It is precisely the home every resident is looking out for.
The Bahria Enclave is located in Islamabad, and in contrast to other expensive housing schemes, it is cost-effective and ideal. Moreover, it provides its residents with incredible and astonishing amenities, including an uninterrupted supply of power, water, gas, excellent education institutes, medical care units, theme parks, sports complexes, recreational centers, etc. As we mentioned above, it has everything a resident might desire for.
Moreover, Bahria Enclave NOC recently got authorized by the Capital Development Authority. Now, it is a legal society authorized by the respective development. Without the fear of scams, investors and residents can easily invest in society. Aside from its fantastic location and amenities, its NOC is the foremost reason why one should invest in the Bahria Enclave.
Real estate is one of the leading businesses in Pakistan. It is considered the most profitable investment since it generates a lot of profits. Furthermore, an increase in real estate investment positively impacts the country’s economy. The ratio of investors in the market is directly related to the economy and financial position of the country. With the increase in investments and investors in the real estate sector, the country’s position has become intense. So, after all, are you thinking of getting into real estate? If yes, then you are at the right place. Real estate employment has increased tremendously over the past few years, and it is expected to grow more than 6% over the next five to eight years. So, this is the best time to get into the real estate sector. But don’t know how to do that? Well, no worries, we got your back. We will guide you on the path of the real estate sector. Today, we will unveil how can you step into real estate?
Grab a Real Estate License
If you have finally decided to step into the best sector of Pakistan, then it’s high time you should get your real estate license. To get a license, a procedure varies from state to state, city to city. So, all you have to do is consult your local real estate commissioner. Follow their footsteps and grab your real estate license. The commissioner will shed light on all the required documents, applications, pre-licensing courses, and charges of application fees and procedures.
Start your Hunt for Real Estate Brokerage
After grabbing the license, most states want you to start working with real estate brokers. When it comes to real estate brokerage, it is the place or office where real estate agents work together. By working with them, you can get some experience and learn different skills. So, start looking for authentic, reliable, and experienced real estate brokers and their brokerage to make a mark in the industry. If you want to reach a height in this business, then you must follow in the footsteps of those talented and expert brokers.
Join the National Association of Realtors (NAR)
After that, you can join the National Association of Realtors (NAR). Although it is not a critical step, but membership comes with too many benefits. You can entitle yourself to realtors instead of real estate agents through this membership. The best part is finding too many real estate agents but fewer Realtors. So, your demand in the market will enhance, flourishing your business.
Moreover, you will have a realtor code of ethics. By becoming a member, you can accelerate your earning potential. In addition to this, the membership of NAR comes with a lot of perks; for instance, by becoming a member, you can have access to Realtors Benefit Program and Multiple Listing Services. No ordinary person can access them; only the realtors with membership have access to all this data.
Give a Look at Your Budget and Income
If you are all set to start your real estate business, this is the right time to look at your budget and income. It is one of the vital and the big decision that must be taken with great care. There is no constant income for real estate agents and realtors. The revenue depends upon the commission you get from parties and the number of properties you can finalize the deal with. Also, create a budget. By creating a budget, you can look at the expenses. Then you can compare your income and budget and analyze whether you are attaining profits or deadly losses.
Develop a Business Plan
In the quest, how can you step into real estate? The next step is the creation of the business plan. Create a distinctive and appealing business plan. Your plan must have long-term and short-term goals. Your plan must be attractive enough to impress your clients. The most crucial part is your plan should be realistic, not idealistic. Idealistic business plans cannot survive in the markets and die even before their birth.
Develop a Marketing Plan
After creating the business plan, go for creating the marketing plan. You have to decide how you will make a cheerful buzz of your brand. How can you stand out in the market, grabbing the attention of most of the clients? The main element is the promotion of business. If you can do upgrades to your business by using the right market strategy, then there are high chances of profits. Think about your company’s mission and vision statement, targeted audience, and goals. You can expect good gains in the real estate sector after having a clear vision, mission, goals, and marketing tools.
Look for Mentor
Start your hunt for experienced and successful entrepreneurs. Look for agents that are talented and skilled. After finding such charismatic personalities, start building your relationships with them. Make them your mentor. These seasoned mentors are a valuable source of information and guidance. They are catalogs that have through your phase and are aware of the pitfalls, merits, and demerits. Take their advice and act on it, as they will consider themselves to be in your shoes and will lead you accordingly.
Build and Maintain Relations
It is one of the most critical aspects. Find successful businesses and agencies and strive to develop positive relationships with them. They can not only advise you but also bring you, clients. Organizing open houses is one of the best methods to connect with new people. It is the low-cost option that yields the best results. It is critical to maintaining relationships after they have been established. After you’ve grown a seedling, you can’t just leave it alone; you must care for it so that it will grow into a large tree one day. Similarly, nurture your relationships with such valuable people to achieve success after establishing your roots.
Wrapping Up
The above mentioned is the guide on how to step into real estate. After acting upon this guideline, you can quickly become a successful realtor. But remember that you should continue learning even after reaching heights to maintain that charm of success. Learning will help you polish your previous skills and develop new ones.
Bahria Hills Islamabad, an approved housing society in Islamabad with an accessible location, is getting all the deserved fame and appreciation from investors from all races. Intrinsically, Bahria Hills is part of Bahria Enclave Phase-II, and the latter has already received its NOC from the concerned governmental authorities. That’s why we can say that Bahria Hills residential area will continue the legacy of Bahria Town.
Owner and developers of Bahria Hills
The owner of this captivating housing society is, directly or indirectly, Mr. Malik Riaz, the CEO of Bahria Town. However, according to your expectations, the developers are Bahria Town Pvt. Ltd. Over the years, the developers have built an arsenal of different national and international awards, which shows the dedicated and devoted work of Bahria Town Pvt. Ltd. also, Bahria Town has no competitors in the entire country, which shows how far they have come subjugating everyone that comes in their way.
What is the legal status of Bahria Hills Islamabad?
Mentioned above, Bahria Hills Islamabad is a part of Bahria Enclave Phase-II, so its legal status is bound with Bahria Enclave. For your information, we would like to mention that Bahria Enclave has received its NOC from Capital Development Authority. Therefore, the residential area of Bahria Hills is also approved by CDA.
Location of Bahria Hills
Situated at Angoori Road in the Zone-IV of Islamabad, Bahria Hills enjoys an enthralling place in the federal capital city of Pakistan. The society has direct access to Murree Expressway. The famous nearby landmarks include Agro Farm Houses and Bahria Golf City Islamabad.
Master Plan of Bahria Hills
Bahria Hills’ master plan consists of residential and commercial plots keeping in mind the current age requirements. However, we would like to mention that the commercial plots are offered less than other projects built under the umbrella of Bahria Town Pvt. Ltd. in the following, we will share its master plan.
Residential plots in Bahria Hills
There are different residential plots available for sale in Bahria Hills Bahria Enclave Phase-II. Following are its details
5 Marla
8 Marla
10 Marla
1 Kanal
2 Kanal
4 Kanal
Commercial properties in Bahria Hills Islamabad
22 Marla
20 Marla
17 Marla
14 Marla
Payment plan of Bahria Hills
As we know that there are two types of properties, i.e., residential and commercial properties, available for sale in different sizes, so their prices also vary. Following is the detailed payment plan for both types of properties.
Residential plots payment plan
The residential plots’ payment plan is given below
5 Marla residential plot in Bahria Hills
The total cost of a 5 Marla residential plot in Bahria Hills is PKR 35 lac. However, the down payment fee is PKR 14 lac.
8 Marla
8 Marla residential plot will cost you PKR 50 lac in total. Therefore, its down payment fee is PKR 18 lac.
10 Marla
Bahria Hills provides 10 Marla plots in abundance. The base price of a 10 Marla plot in Bahria Hills is PKR 64 lac. The down payment fee is PKR 20 lac.
Commercial plots in Bahria Hills
Following is the payment plan for commercial properties in Bahria Hills.
22 Marla (150 x 40)
The base price of a 22 Marla commercial plot in Bahria Hills is PKR 87,500,000. However, its down payment is PKR 45,000,000.
20 Marla commercial plots
A 20 Marla (140 x 40) commercial plot in Bahria Hills will cost you PKR 81,666,667. Its down payment fee is PKR 39,166,667
17 Marla (120 x 40)
A 17 Marla commercial plot in Bahria Hills Islamabad is available for sale for PKR 7 crore. However, the down payment fee is PKR 27,500,000.
14 Marla commercial plots in Bahria Hills Islamabad
The total price of a 14 Marla (100 x 40) commercial plot is PKR 58,333,333. Its down payment fee is PKR 15,833,333.
Frequently Asked Questions
Q1. Who is the owner of Bahria Hills Islamabad?
Ans. Malik Riaz is the owner and CEO of Bahria Hills Islamabad.
Q2. Does Bahria Enclave Phase-II and Bahria Hills the same.
Ans. Bahria Hills Islamabad is a residential and commercial place, part of Bahria Enclave Phase-II.
Q3. Where is Bahria Hills Islamabad located?
Ans. Bahria Hills Islamabad is located on main Angoori Road.
Q4. Is Bahria Hills a legit housing society?
Ans. Yes, Bahria Hills has acquired its NOC from CDA.
Q5. Is Bahria Hills an expensive housing society?
Ans. Bahria Hills is not an expensive housing society for residential purposes as a 5 Marla plot will cost you PKR 35 Lac only.
Q6. What is the development progress in Bahria Hills?
Ans. All the development work is in full fledge, and 80% of the infrastructure has been completed.
Conclusion
The whole discussion concludes that Bahria Hills is a legit housing society, and there is no better place in Pakistan than Bahria Hills Islamabad for residential purposes. For more information about housing societies like Rudn Enclave and Taj Residencia, visit our website Sigma Properties.
