Even though Rawalpindi is not as bustling as the cities of Karachi and Lahore, its residents are far from ignorant about luxury living standards, which ensures that projects in Rawalpindi are just as alluring. New City Arcade is another addition to the plethora of mall-cum-apartment building projects emerging in the city, but this one seems to have an edge over all others.
The 12-storey high building, situated at a distance of 4 kilometres from Taxila, is all set to be a proud representation of quality living in the federal capital’s twin city. So before I begin to add syrup to your sundae by telling you what types of residential options are on offer, let me share the main features and facilities the building will be equipped with.
Features and facilities
The project is currently in the development phase, but the developer is expediting development work. Once the work is done, New City Arcade will consist of a basement for parking with valet service, three floors for commercial options, and nine floors for apartments. It will be centrally air-conditioned and feature eight high-speed elevators and escalators. Not only that, the building will also provide WiFi access and electricity backup.
And it doesn’t end here. There will be a rooftop restaurant, a health club, a bowling alley, a spa, a food court, and a stupendous shopping mall. The developer will also install a state-of-the-art surveillance system to ensure proper security of residents and visitors.
Residential options and price
New City Arcade features 1-, 2-, 3-, and 4-bedroom apartments and has two floorplans available for each category. These serviced apartments are spacious and available at a reasonable price.
Please see the table below for apartment prices:
| Apartment type | Price |
| 1 Bedroom | PKR 4,200,000 |
| 2 Bedroom | PKR 6,500,000 to PKR 6,800,000 |
| 3 Bedroom | PKR 8,300,000 to PKR 8,500,000 |
| 4 Bedroom | More than PKR 10,000,000 |
Booking is currently open and has been so for the past 4 months. You need to make a 25% down payment at the time of booking, while the remaining amount can be paid in instalments spread over 36 months. You will be able to get possession of your apartment after paying instalments over a 24 month period.
Investors are showing reasonable interest in the project. However, information regarding how many apartments have been sold so far is not available to us. If you think the project meets your requirements, you need to make the move soon.
So what do you think about this project – promising or not? Let me know in the comments section below!
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