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New Lahore City Premium Enclave – Development & Possession Update

New Lahore City Premium Enclave – Development & Possession Update

New Lahore City consists of many blocks, each given a fancy name like Royal Enclave, Platinum Enclave, Premium Enclave and Pearl Enclave. New Lahore City offers 5 Marla and 10 Marla plots in Premium Enclave.

Here is some information about development status, probable date of possession and payment plan of Premium Enclave.

Just to eliminate any confusion, Premium Enclave and Premier Enclave are two different blocks of New Lahore City. The information we are providing here is of Premium Enclave.

Location of Premium Enclave

Premium Enclave is located on The Grand Commercial, a 150 ft. wide road that also serves as Main Boulevard of New Lahore City. Premium Enclave is situated opposite to Royal Enclave and neighbors Pearl Enclave.

 

PREMIUM ENCLAVE

New Lahore City Map

Development Status of Premium Enclave

Development work is being carried out at rapid speed in Premium Enclave as the entire sewerage network has been completed. Installation of electricity poles has been completed too. Road network remains to be the last thing on the development agenda and New Lahore City management is expected to start working on it soon enough.

Possession in Premium Enclave New Lahore City

New Lahore City management is claiming to deliver possession of plots in the first quarter of 2018 in Premium Enclave. Current speed of development also favors the expected date of possession.

Installment Plan and Own Price

A 3-year payment plan was offered for 5 Marla and 10 Marla plots in Premium Enclave. Out of 36 monthly installments, buyers have paid 24 to 28 installments (depending on the duration of their booking period).

There is an own/profit of Rs. 200000 available on 5 Marla plots in Premium Enclave. However, 10 Marla plots are available on level price.

Final Remarks

With possession expected to be delivered next year and own/profit being so low, this seems an ideal time to buy a plot in Premium Enclave. New Lahore City is a project full of family friendly amenities. As Bahria Town Lahore and NFC Phase II are neighboring the project, prices are already rising in New Lahore City and this is the right time to invest to earn a handsome ROI.

For further information regarding New Lahore City or any other real estate project, get in touch with Universal Property Network (UPN).

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