Nova City Islamabad VS The Life Residencia: Where to Invest in 2022?

Nova City Islamabad VS The Life Residencia

Nova City Islamabad VS The Life Residencia: Where to Invest in 2022?

This comparison of Nova City vs. The Life Residencia looks at price, location, features, and market demand to see which one is better. Of course, both housing projects are in high order before we get into the specifics of this comparison. First, however, it’s important to know which of the two societies offers the best returns for investing.


Al Sadat Marketing compared the two endeavors and came up with some eye-opening findings.

Nova City Islamabad VS The Life Residencia: Location

Nova City Islamabad is located at Fateh Jang Road, adjacent to the CPEC route, ideal for residential and commercial property investments. The Ring Road is the primary entrance point, while the other side of the society leads to CPEC.


The Life Residence is located near the airport in Mumtaz City and the Pakistan Employees Cooperative Housing Society (PECHS). On one side, the project is adjacent to the New International Islamabad Airport, while on the other, it is accessible by Fateh Jang Road.


Location of Nova City Islamabad

  • Near Rawalpindi Ring Road
  • Located on CPEC-Ring Road Interchange
  • New Islamabad International Airport
  • 25 min drive from M-2 Motorway
  • 6 min drive from Bango, Attock
  • 3 min drive from Kanial, Rawalpindi
  • 26 min drive away from Islamabad
  • Near Blue World City
  • Near Capital Smart City
  • Located next to Eco Housing


Location of The Life Residencia

  • 5 min drive from New Islamabad Airport
  • 4 km from CPEC route interchange
  • 5 min drive M-1 and M-2 Motorway
  • 21 Km from Fateh Jang cityTHe
  • 25 min drive from Islamabad
  • 25 min drive from Saddar Rawalpindi
  • 32 min away from Kohat road
  • 8 minutes from N-80
  • Near Top city, and Mumtaz City

Owners and Developers of Nova City Islamabad vs The Life Residencia

Both societies are in the early stages of development, constructing Main Boulevard, streets, and other infrastructure.

Developers of Nova City Islamabad

  • The Chairman of Nova City is Chaudhry Junaid Afzal.
  • Nova City Developers are developing the Nova City Islamabad project.
  • They are well-known for developing high-quality infrastructure.


The Developers of The Life Residencia

  • The Life Residencia is chaired by Malik Tehseen Awan and managed by Sarfraz Sialis.
  • The safe and group are currently constructing the Life Residencia.
  • They take pride in providing people with a luxurious lifestyle.


NOC Details of Nova City Islamabad VS The Life Residencia

The No Objection Certificate (NOC) is required to establish a housing project’s legal standing. Therefore, it is preferable to invest in a project that relevant government agencies have approved.

NOC Nova City Islamabad

Nova City Islamabad has not yet been granted a NOC. However, society is permitted to plan.


The Life Residencia NOC

  • The RDA has authorized the Life Residencia for PP-1.
  • Additionally, the society acquired a NOC from TMA.


The Life Residencia vs. Nova City Islamabad: Facilities & Amenities

Investors conduct due diligence on a residential society before investing. The following is a comparison of Nova City’s amenities and features to those of The Life Residencia:

Amenities Available in Nova City Islamabad

  • Parks
  • Zoo
  • Mosque
  • Tracks for jogging and walking
  • Private Gated Community
  • Clinics and Hospitals
  • Commercial districts
  • Automated sewage system
  • Educational establishments
  • Supply of electricity, gas, and water
  • Adult and child sports regions
  • Children’s playgrounds and play places
  • Shopping malls commercial
  • Technologies utilizing fiber optics


Amenities of The Life Residencia

  • Educational institutions in the modern era
  • District 360, Grand Jamia Masjid, commercial area
  • District 360 shopping centers
  • Modern Luxury villas
  • Parks & Playgrounds
  • Private Gated Community
  • Golf Club and Mini-Golf Course
  • Systems of security and surveillance
  • Utilities: water, electricity, and natural gas


Plot Sizes in Nova City Islamabad vs. Life Residencia

Both societies provide convenient payment plans within a reasonable range. For example, you can reserve a plot of any size and pay in quarterly installments.

Plot Sizes in Nova City Islamabad

Residential plots ranging in size from

  • 5 Marla
  • 8 Marla
  • 10 Marla
  • 14 Marla
  • 1 Kanal
  • 2 Kanal


Nova City vs. The Life Residencia: Reservations

Nova City Reservations

A 10% down payment is required to reserve a plot in Nova City. Then, after 40 monthly installments, you obtain possession.

Reservations for The Life Residencia

A plot at The Life Residencia Islamabad can be reserved with a 17.5 percent down payment and the balance paid in 12 quarterly installments.

Where to Invest in Nova City vs. The Life Residencia?

You now have a comparison in front of you. Nova City and Life Residencia are two attractive developments with excellent investment potential.

You can reserve a plot in Nova City with lower down payments, but the society’s legal standing remains uncertain. The down payment for Life Residencia is more significant, but the community has secured a NOC, making investment more legally legitimate.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar Khan, Forest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City Islamabad , and Nova City Islamabad.


Few more real estate housing schemes which are trending now a days in Islamabad, including: 
Eighteen7 Wonders City IslamabadCapital Smart CitySilver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town, Marble Arch Enclave and New City Paradise.


To reserve a plot at Nova City Islamabad or The Life Residencia, please get in touch with us at +92 331 111 000 5

You can make your selection based on your criteria and the investment strategy that is most suitable for you. Consider this investment opportunity or contact us for additional information.

Comments

Popular posts from this blog

Taj Residencia Rawalpindi Project

Taj Residencia

New Metro City Gujar Khan's No Objection Certificate Issue Resolved