Zaitoon Group offers possession in New Lahore City, launches Phase III

Throughout December 2016, Zaitoon Group had been advertising quite frequently in local dailies and I knew that something big was coming. The group has finally revealed it; it is offering possession for plots in New Lahore City Phase II. Their latest advertisement reads that possession for plots in New Lahore City will be offered from January 01, 2017 onwards and that, too, well ahead of the promised time.

Zaitoon Group has recently parted ways with a co-developer. This separation ended in favour of New Lahore City, a society with a commendable location on Canal Bank Road. The project is located fairly close to Bahria Town and NFC Housing Society and is easily accessible from Multan Road, Raiwind Road and Sundar Road. The planned interchange of Lahore Ring Road is also located close to New Lahore City.

The developer is known for being considerate when it comes to the society’s payment plan and doesn’t penalise allottees for late payments. In addition to that, the plot allottees are also offered possession of their property once they make 20% payment of the plot, allowing them to start construction of their houses. At the moment, construction work is in process on over 100 houses in New Lahore City Phase I. With possession offered in Phase II, plot owners are being encouraged to start construction of their houses. For this purpose, Zaitoon Architectural Design Bank has been initiated to help people choose an appropriate design for their house.

For potential property buyers, the developer also offers a free-of-cost guided site tour. Moreover, it is also worth notice that the developer has also launched Phase III of New Lahore City and offers residential plots on a 4-year payment plan. This particular phase is located close to Sundar Road, for which the developer has also received an NOC from the Lahore Development Authority.  According to sources, the development work in this particular phase will begin in February this year.

Announcement of possession in Phase I and Phase II of New Lahore City has spread positive vibes in the market and for the first time in the last several months, property in these phases is being sold on a profit. This is likely to kick up the demand for plots in Phase III as well.

With a sound track record of on-time completion of projects while maintaining high-quality standards and with the approval of the authorities concerned, the success of Zaitoon Group’s New Lahore City is guaranteed. Now it is up to you to make the final decision.

Before making up your mind, I recommend you personally visit the site. For more details, call +92-111-639-547. Don’t forget to give a reference to this blog.