Monday, 22 January 2018

Lake City Holdings ! Latest Updates about Balloting

Lake City Holdings has been in the spotlight of real estate sector of Lahore for more than a decade. Its serenity and sophistication offer an exclusive lifestyle with provision of all high-profile living facilities. Spreading over 2400 acres vast land and divided in eight blocks, its prime location alongside Ring Road adds more advantage. Having potential for both commercial and residential properties, Lake City is said to be the right place to invest for your present or future.

Balloting of M3 Extension, Lake City  

The latest and much awaited news is here and confirmed by the authorities. Date for Balloting of Lake City (M3 Extension) has been announced through an official confirmation letter received by files holder. It will be conducted on Friday; October 27, 2017 so all file-holders should keep their fingers crossed for this phase. It is the second balloting of Lake City to happen in short time span of three months. Earlier, balloting of Lake City (M7 Block) was held on August 14, 2017.

lake city lahore

Eligibility Criteria for M3 Extension Balloting

All plot-file owners have been informed through letters that they will have to clear all their outstanding dues to qualify for balloting. The plot-file holders having any pending charges due towards Lake City won’t be considered for balloting phase.

M3 Extension Block, Lake City

The M3 Extension Block of Lake City has 10 Marla plot cutting available in its entire area. These plots are available at an easy installment plan making them economical enough for buyers’ interest. Now, as the balloting date for these plots has been announced, it will add more attraction for the buyers. However, there are other factors like location and lavish lifestyle with splendid environment which enhance its appeal.



Price & Payment Plan of M3 Ext Plots

Lake City is offering quite reasonable payment plan for M3 Extension Block. The plot price is Rs. 65 Lakh and with the addition of Rs. 10 Lakh as development charges, it sums Rs. 75 Lakh as actual price. The 2.5 years payment plan with 10 quarterly installments of Rs. 5.5 lakh is making it a viable option for the prospective buyers. The down payment for this 10 Marla Plot is Rs. 10 Lakh.
  • Down Payment: Rs. 1,000,000
  • Quarterly Installment: Rs. 550,000
It is worth mentioning here that 4 out of 10 installments have been paid so far by the file owners. The own-price of these plots will definitely rise after balloting is done. There is a 10% discount offered in case of lump sum payments of installments. The possession will be given after payment of all installments as per expectations.

M3 Ext. Location

M3 Extension Block has a supreme location adjacent to Lake City Interchange at Lahore Ring Road. The residents of this block would be so close the vicinity of main Lahore City and they can also use Raiwind Road option as alternate route in the neighborhood.

latest updates about balloting

Lifestyle at Lake City

Lake City offers a luxurious lifestyle in realms and tranquility of nature. The eco-friendly environment here promotes healthier living. Within a well-planned gated community, it ensures security of the residents round the clock. When it comes to cutting-edge facilities, it has no match in giving you privileged living and features a clubhouse, golf course, swimming pool, lush green park and commercial market. By all these top-notch amenities, Lake City has elevated the standard of living within its premises.

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Investment Opportunities in Etihad Town – A Complete Overview

Etihad Town is the new addition in Lahore’s real estate market but has gained immense attraction among prospect buyers in no time. This project has been launched by Etihad Holdings offering both residential and commercial plots of different cuttings. With 100% land ownership of 542 Kanal, Etihad Town is an LDA approved housing society. For being at a supreme location and providing international-standard facilities, it has a great deal of appeal for residency and investment.

Location

Etihad Town is located on the main Raiwind Road at 3.5KM distance from city’s entering point Thokar Niaz Baig. The newly built Orange Line Metro’s station is just 1KM away and the main city is easily accessible in a few minutes. Amongst all its competitors in the neighborhood, Etihad Town stands on top for its amazing location and proximity to city.

development in etihad town

LDA Approved – Secure Investment

Whether you are buying a property for residency or investment purpose, the legal status is always the first question arises in mind. Etihad Town addressed this query well enough with its LDA approved status; hence it’s a secure investment in any case. For any doubt or confirmation, its LDA approval status can be cross checked against NOC # LDA/DMP-I/1683.

About Etihad Town Developer (Etihad Holdings)

The developer of Etihad Town, Etihad Holdings, is a renowned name in construction and development. In fact, Etihad Town is debut housing project of Etihad Holdings launched almost a year ago. Sukh Chayn Gardens, LUMS campus, UCP Lahore campus, Sheikh Zayad Hospitals located all over Pakistan and Sheikh Zayad Medical College are some of its projects to prove their excellence in this field.

Etihad Town Features
  • Prime Location
  • Ease of Access to the Main City
  • Active & Healthy Lifestyle with luxurious facilties
  • High-end Construction Work
  • 24/7 Security
  • Featuring Schools, Hospitals, Mosques, Parks, Salons, Spas, Gymnasiums and Rooftop Swimming Pool within the boundary wall
Residential Plots in Etihad Town

Etihad Town is currently offering residential plots in four cuttings i-e 5 Marla, 10 Marla, 12 Marla and 18 Marla.
Sr. #AreaDimensions
15 Marla25’ X 45’
210 Marla37’.6”  X  60’
312 Marla35’ X 80’
418 Marla50’ X 80’

Commercial Plots in Etihad Town

Commercial plots in Etihad Town are available in two cuttings of 4 and 8 Marla and these are limited in numbers.
Sr. #AreaDimensions                Number of Plots        
14 Marla25’ X 36’79
28 Marla36’.69”  X  49’
51

 plots in etihad town

Payment Plan for Etihad Town Plots
Etihad Town offers 1-year quarterly installment plan for its residential plots and a 2-year installment plan (8 quarterly installments) for commercial buyers. The payment plan for both residential and commercial is listed below in detail.

Residential Plots:


5 Marla10 Marla12 Marla18 Marla
10% with Booking Application550,0001,000,0001,200,0001,800,000
15% after Balloting/confirmation825,0001,500,0001,800,0002,700,000
25% Every Four Months (3 Installments)1,375,0002,500,0003,000,0004,500,000
Total Price5,500,00010,000,00012,000,00018,000,000
Commercial Plots:
4 Marla8 Marla
20% at Booking3,600,0007,200,000
10% (8 Quarterly Installments)1,800,0003,600,000
Total Price18,000,000
36,000,000

Special Discount Offer on Lump sum Payment

Etihad Town is offering a special discount for those buyers who want to pay amount in lump sum. Residential plot file holders are entitled to get 10% discount and whereas commercial plots file holders to get 15% off once balloting is done. However, possession will be given in one year which can be transferred easily.