Paradise Valley Phase III – setting new trends in Faisalabad’s realty market

Launched last month, Paradise Valley Phase III is one of the most posh housing societies in Faisalabad. As a project of Paradise Holdings, Paradise Valley Phase III is unique in many ways. Not only does it have an easily accessible location, this phase has features and amenities that the first two phases of the project didn’t have. It is not an ordinary project. If you too are looking at the transforming real estate market in Faisalabad, you should know all about this particular society.

Location

Paradise Valley Phase III is located just opposite the Paradise Valley Phases I and II on the Lahore-Sheikhupura Road near Gutwala. From here, the main city lies at the distance of just a few kilometres. When you head to Faisalabad via the Lahore-Sheikhupura Road – the shortest route between Lahore and Faisalabad – there is no way you can miss this society. In addition, the society is also fairly close to the Canal Expressway that is linked to Jaranwala Road and Motorway M-3.

The entire city and all major districts of Faisalabad are easily accessible from this society. The society’s perfect location is one of the biggest reasons for its popularity.

Project details

The society spans over 650 acres of land and features some of the most chic amenities in the city including a golf course, a theme park, dedicated jogging tracks, a zoo, a planned food court, and a proper community club. In addition, the developer is also looking to supply 24/7 electricity through backup generators. Planned security arrangements include CCTV monitoring for the entire premises.

Paradise Valley Phase III will also have an international standard school, fine health care facilities, grand shopping malls, a Jamia Masjid, well-planned commercial areas, a gymnasium, landscaped parks and many other communal facilities.

What’s on offer?

The developer has launched residential plots here on a two-year plan. They are looking to offer property possession here within these two years. With two already existing phases of Paradise Valley housing hundreds of families, the project has already been welcomed by people. Please note that the payments have to be made quarterly.

Here is the payment plan:

	10-Marla	1-Kanal	2-Kanal	4-Kanal
Down payment	PKR 1,500,000	PKR 3,000,000	PKR 5500000	PKR 11,000,000
1st Instalment	PKR 400,000	PKR 800,000	PKR 1700000	PKR 3,400,000
2nd Instalment	PKR 400,000	PKR 800,000	PKR 1700000	PKR 3,400,000
3rd instalment	PKR 400,000	PKR 800,000	PKR 1700000	PKR 3,400,000
4th instalment	PKR 1,050,000	PKR 2,100,000	PKR 3,150,000	PKR 6,300,000
5th instalment	PKR 400,000	PKR 800,000	PKR 1700000	PKR 3,400,000
6th instalment	PKR 400,000	PKR 800,000	PKR 1700000	PKR 3,400,000
7th instalment	PKR 400,000	PKR 800,000	PKR 1700000	PKR 3,400,000
8th instalment	PKR 1,050,000	PKR 2,100,000	PKR 3,150,000	PKR 6,300,000
Total	PKR 6,000,000	PKR 1,2000,000	PKR 22,000,000	PKR 44,000,000

You can avail 10% discount if you purchase a plot for cash – if you choose a plot located at a corner, or facing a park or the main boulevard, you are required to pay 10% extra.

We expect that Paradise Valley will create more movement in the realty market of Faisalabad, and you should stay tuned to the Zameen blog for more updates on the project. Meanwhile, if you have any questions for us, feel free to use the comments section below.

If you wish to speak to the Property Gurus active on Zameen Forum and get their take on the project, you can start a new discussion there and invite their feedback on Paradise Valley Phase III.