North Town Residency Phase 1 Price List has established itself as one of the most sought-after residential developments in the region. Located in a prime area, it offers modern amenities, a peaceful environment, and affordable pricing, making it an ideal investment opportunity for families and investors alike. In this comprehensive guide, we’ll provide you with the latest price list and booking details for 2024, helping you make an informed decision.
Introduction to North Town Residency Phase 1
North Town Residency is a meticulously planned residential community that aims to provide residents with a harmonious blend of luxury, comfort, and affordability. Phase 1 of this prestigious project has already garnered attention due to its prime location, well-designed homes, and a plethora of amenities that cater to the needs of modern families.
The development boasts a range of housing options, including single-family homes, apartments, and villas, each designed to suit varying preferences and budgets. With its strategic location, North Town Residency Phase 1 offers easy access to major highways, shopping centers, educational institutions, and healthcare facilities, making it an ideal place for families and working professionals.
Location Overview
One of the biggest selling points of North Town Residency Phase 1 is its strategic location. Situated in the heart of a rapidly developing area, the project is close to major transportation hubs, business districts, and essential services. This ensures that residents not only enjoy a serene living environment but also benefit from proximity to everything they need.
The location also offers excellent connectivity to nearby cities and business centers, making it an ideal choice for those who commute regularly. Public transportation options are readily available, and the area is well-served by schools, shopping malls, hospitals, and recreational facilities.
Amenities and Features
North Town Residency Phase 1 is designed to provide a holistic living experience, offering a wide range of amenities that cater to both adults and children. Some of the key features of the community include:
- Gated Community with 24/7 Security: The safety and security of residents are a top priority, with round-the-clock security personnel and advanced surveillance systems in place.
- Parks and Green Spaces: The development includes lush green parks, walking trails, and landscaped gardens, providing residents with plenty of open spaces to relax and unwind.
- Community Clubhouse: A state-of-the-art clubhouse is available for residents, offering a range of recreational and fitness facilities, including a gym, swimming pool, and indoor sports courts.
- Children’s Play Areas: Safe and well-maintained play areas ensure that children have ample space to play and socialize with their peers.
- Shopping and Dining: North Town Residency Phase 1 includes retail outlets, grocery stores, and dining options, providing residents with convenient access to everyday essentials.
- Healthcare Facilities: The community is located near reputable hospitals and clinics, ensuring that residents have access to top-quality healthcare services.
- Educational Institutions: Several renowned schools and educational institutions are located within a short distance, making it a great choice for families with children.
North Town Residency Phase 1 Price List for 2024
As of 2024, North Town Residency Phase 1 offers a variety of housing units with competitive pricing. The price list is updated annually to reflect market trends, demand, and any new features or enhancements added to the development.
Below is the detailed price list for different types of housing options available in North Town Residency Phase 1:
- 2-Bedroom Apartments:
- Price Range: PKR 7.5 million – PKR 8.5 million
- Size: 1000 sq. ft. – 1200 sq. ft.
- 3-Bedroom Apartments:
- Price Range: PKR 10.5 million – PKR 12 million
- Size: 1500 sq. ft. – 1800 sq. ft.
- Townhouses (3-Bedroom):
- Price Range: PKR 15 million – PKR 18 million
- Size: 2000 sq. ft. – 2400 sq. ft.
- 4-Bedroom Villas:
- Price Range: PKR 25 million – PKR 30 million
- Size: 3000 sq. ft. – 3500 sq. ft.
- 5-Bedroom Villas:
- Price Range: PKR 35 million – PKR 45 million
- Size: 4000 sq. ft. – 5000 sq. ft.
It’s important to note that these prices may vary slightly depending on the specific location within the community, the view, and any additional features or upgrades included in the property. Buyers should also consider factors such as plot size, interior finishes, and other amenities when determining the final price.
Booking Process for North Town Residency Phase 1
Booking a home in North Town Residency Phase 1 is a straightforward process designed to make the experience as hassle-free as possible for potential buyers. Here’s a step-by-step guide to the booking process:
1. Inquiry and Consultation
- Interested buyers can visit the sales office or contact the official sales team for North Town Residency to receive detailed information about the available properties, prices, and payment plans.
- It’s recommended to schedule a visit to the model homes or showrooms to get a first-hand experience of the quality and design of the homes on offer.
2. Choose Your Property
- After consultation, buyers can select their preferred property based on availability and personal preferences. Factors such as location within the community, size, and view should be considered.
3. Payment Plan and Financing Options
- North Town Residency Phase 1 offers flexible payment plans to accommodate buyers with different financial situations. Buyers can choose from a range of installment plans that make owning a home more accessible.
- For those seeking mortgage options, the sales team can provide information on approved financial institutions that offer home loans at competitive interest rates.
4. Booking Payment
- To reserve a unit, buyers are required to make an initial down payment, typically ranging from 10% to 20% of the total price, depending on the payment plan selected.
5. Signing the Agreement
- Once the down payment is made, an agreement is signed between the buyer and the developer. This document outlines the terms and conditions, including payment schedules, delivery timelines, and any additional charges.
6. Regular Installments
- Buyers will then follow the agreed-upon payment schedule, making regular installments until the full amount is paid off. The duration of the payment plan can vary, but typically ranges from 1 to 3 years.
7. Handover and Possession
- Upon completion of the payment and any necessary legal formalities, the property is handed over to the buyer. Buyers can then move in or choose to rent the property out as an investment.
Investment Potential and ROI
North Town Residency Phase 1 offers excellent investment potential, making it attractive not just to homebuyers, but also to real estate investors. The increasing demand for residential properties in the area, coupled with the growing infrastructure and development projects, is likely to result in significant appreciation in property values over the coming years.
Moreover, the flexible payment plans, coupled with rental income potential, make North Town Residency Phase 1 an appealing option for investors looking to generate passive income. The community’s strategic location and well-planned layout ensure that it will remain a desirable address for both homeowners and tenants.
Conclusion
North Town Residency Phase 1 is a top-tier residential community that offers a perfect blend of modern amenities, serene living, and affordable pricing. Whether you are looking for a family home or a sound investment opportunity, this development provides everything you need to make a smart and informed decision.
With the updated price list for 2024, potential buyers can now explore various housing options that suit their needs and budget. The flexible payment plans, world-class amenities, and strategic location make North Town Residency Phase 1 a compelling choice for anyone looking to invest in real estate.
If you’re interested in learning more or booking a property, contact the official sales office or visit the project’s website for the latest updates and availability.
