Royal Residencia is among the few reliable developments when it comes to buying property for personal use, as well as for investment purposes. The developer is known for completing its undertaken projects in-line with its committed standards, and also by following the due considerations in terms of approvals and NOC requisitions. On top of that, it delivers its project is delivered on time.
This makes Royal Residencia a perfect development contractor for clients keen on investing.
With their new offer announced for developed commercial and residential plots on a fairly convenient payment plan of three years, Royal Residencia is bound to turn heads.
Read on below to learn more.
Project details
The society is located on New Defence Road, adjacent to DHA Rahbar Phase XI. The site is quite accessible, as it lies close to the recently inaugurated Lahore Ring Road Kahan Interchange (also known as the LDA City Interchange).
In addition to DHA Rahbar, several other well-known housing schemes are also located in the immediate vicinity of Royal Residencia. These include Valencia Town, Lake City, Engineers Town, Khayaban-e-Amin, and Fazaia Housing Scheme.
Furthermore, a well-developed network of roads connect Royal Residencia to all the important parts of the city, leading to Kalma Chowk, Allama Iqbal International Airport, all phases of DHA, Model Town, Gulberg, Johar Town, and all the developments on the Raiwind and Canal roads.
The society features houses in sizes of 4 marlas, 6 marlas, 8 marlas and 12 marlas, while the buyers can also opt for buying 4-marla, 6-marla, 8-marla, 12-marla, 1-kanal and 2-kanal residential plots. Since these were offered by the developer around three years ago, the interested buyers have to purchase them on cash from the secondary market.
The facilities provided
The society makes use of modern infrastructure facilities to deliver a wide and spacious road network, a properly planned & laid system for sewerage, and water, electricity and gas supply. In addition, it also has a functional community centre, and a branch of the Lahore Grammer School.
Those concerned about power shortfalls are served with 100% power back-up arrangements in Royal Residencia. Not to mention, the society also has a jamia masjid, a hospital, a cinema and 24/7 arrangement for security – with gated entry & exit points, and a patrolling staff. Most of all, the society has all the necessary approvals issued by the Lahore Development Authority – while connections available for all utility services are also readily available.
The new offer
For those looking to purchase developed plots possession, available as soon as you pay 15% of the total price as down payment, the new offer fits in perfectly.
As per a publication shared in national dailies today, Royal Residencia has a limited number of fully developed plots available on a convenient three-year payment plan. Those looking to purchase them on cash will get a 10% discount.
Here is the payment plan:
Plot type | Size | Total Price in PKR | Booking at 15% | Quarterly instalment x 12 |
Residential | 6-marla | 6,600,000 | 990,000 | 385,000 |
Residential | 8-marla | 8,000,000 | 1,200,000 | 466,666 |
Residential | 12-marla | 10,500,000 | 1,575,000 | 612,500 |
Commercial | 4-marla | 14,000,000 | 2,100,000 | 816,200 |
Commercial | 6-marla | 21,000,000 | 3,150,000 | 1,224,300 |
Commercial | 8-marla | 32,000,000 | 4,800,000 | 1,865,600 |
Commercial | 10-marla | 45,000,000 | 5,400,000 | 2,098,800 |
Please note that 12-marla residential plots are available in Block A, 8-marla in Block D and 6-marla in Block C. You can look at the available options by inspecting the list available with the developer, and choosing accordingly.
Also, plot numbers of all commercial and residential sites on offer have already been allotted – so you don’t have to worry about getting a gloomy location through the balloting process.
Payment plan in the making…
If you are interested in the offer, or want to share your feedback on the article, let us know by leaving a comment below.
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Isn’t it too pricey?