Home » Property » Model City Phase-II: details for buyers eyeing affordable investment options in Faisalabad
Model City Phase-II is situated on Satiana Road, Faisalabad.
This location is quite prominent. It attracts many developers interested in launching new housing schemes within the city – largely because of its availability of health, education, and recreational facilities.
These living amenities, as a general rule of thumb, are guaranteed to lure in genuine home buyers anywhere. And if you are one of these individuals, Model City Phase-II, in due time, could very well prove to be your new home address.
If you are interested in investing in this real estate project, read on below to learn more about it.
Project details
Madni Developers, the development company behind this project, has previously worked on three housing scheme projects; including Model City Phase-I on Canal Expressway. With a solid market reputation for delivering on their promises, Madni Developers boasts a huge clientele in Faisalabad and its adjoining cities.
Model City Phase-II received an NOC from the Faisalabad Development Authority last year. The developer is currently working on getting related approvals for electricity and gas connections in the society.
The facilities on offer
The project is styled on a modern town plan layout design. It offers wide and spacious roads, green belts, a number of maintained parks, and well-planned commercial markets. The developer has laid particular emphasis on the scheme’s security aspect: Model City Phase II is fully gated and walled, with E-tagging entry and exit points. These provisions come in addition to a robust & round-the-clock street monitoring protocol via CCTV.
The project has its own water purification plant, a much-needed facility in Faisalabad. To keep the society aesthetically-pleasing, the electrification system has been kept underground. Additionally, the developer has ensured that the sewerage system is planned in-line with the expected standards of modern housing developments.
The best feature about Model City Phase-II, however, is its wide & carpeted roads network.
The minimum street width adhered to is 40 feet, while most of the society’s roads are 60 to 80 feet wide. The main boulevard, as a special case, is expected to be 100 feet wide.
Development status
Development work in phase-I has been completed.
In this section, the roads network, sewerage and water lines, underground electrification system, and recreational park spaces in Blocks A, B, C, D and E, are complete.
For electricity supply, the Faisalabad Electric Supply Company has agreed to become a service provider. The developer is expected to make an announcement soon with regard to its choice of a suitable gas company.
In addition to ambitiously finalising construction work in phase-II, Madni Developers is currently engaged in acquiring land to introduce its Model City Phase-II Extension project in the near future. As soon as we get our hands on some solid information related to this issue, we will share it with you.
Available plot options
The developer, according to most property experts, has played smart by offering a huge variety of plot size choices.
Interested buyers can choose between 5-marla, 7-marla, 10-marla, and 15-marla residential plots. Those interested in commercial plots, however, can only opt for a 5-marla land portion.
Please note that all plots in the society – at this stage – belong to their end users. In other words, you can buy property here on cash payments only.
If you are interested in availing a payment instalments plan, we recommend that you keep an eye out for the launch of Model City Phase-II Extension.
Market demand
The society currently has more genuine buyers than investors. This observation bears testament to the developer’s commitment to cater to the end users’ wishes, and not to opportunity hunters.
The stakeholders and agents affiliated with the society are hoping that possessions will be announced soon. This development will further push the rates table upwards.
Due to solid market demand, and the fact that the society is almost on the verge of welcoming residents, property rates here are stable. Consider the following:
Plot size | Price range |
5-marla | 2,300,000 – 2,800,000 |
7-marla | 3,500,000 – 4,800,000 |
10-marla | 4,800,000 – 5,500,000 |
15-marla | 7,800,000 – 9,000,000 |
Due to several major developments yet to be announced by the developer, the above-mentioned rates may not remain the same in the months to come. In this regard, the availability of gas and electricity connections will definitely help to jack-up plot prices.
If you wish to purchase Model City Phase-II plots at the current attractive rates, you need to hurry up!
For more updates on the announcement of possessions, stay tuned to Zameen Blog.
You can also seek additional consultation for purchasing a plot in Model City Phase-II from Muhammad Saadat Nawaz Bajwa of Khizra Estate, by calling him at +92-300-965-2279.