Nova City Peshawar
Nova City Peshawar is a recently launched residential society developed by the famous Nova Developers. Nova City is located at an excellent location close to the M-1 Motorway and adjacent to Peshawar along with Charsadda.
It would be safe to say that Nova City Peshawar is one of the most awaited projects in the real estate market of Pakistan. This housing scheme aims to provide its residents with a high-quality lifestyle and top-notch facilities at affordable rates.
Nova City Peshawar Owners and Developers:
The owner and developers of Nova City Peshawar are none other than the trusted real-estate developers Nova Developers Pvt. Ltd. This company, which was initially founded in 1997, functions as an NGO (non-government organisation). The current CEO of this reputed real-estate development group is Mr Junaid Afzal.
Nova Developers has a good track record that goes back almost two decades. They have got an exceptional experience in the field of real estate development. This company has been loved by the people of Pakistan for a long time now. Facts suggest that this development company has over 500 employees working all over the country for them, and they generate annual revenue of around $269.4 Million.
Nova City Peshawar NOC:
The No-Objection-Certificate (NOC) of Nova City Peshawar is allegedly approved by the TMA (Tehsil Municipal Administration). This certificate ensures that Nova City will be free of any legal troubles.
You can be sure that no foul play will be involved if you decide to invest in this housing scheme. There is much more to look forward to in this housing scheme. Keep reading to find out all about this residential society.
Nova City Peshawar Location:
The location of Nova City Peshawar is ideal as it is situated adjacent to the M-1 Motorway and close to Charsadda and Peshawar. The Islamabad-Peshawar Motorway M-1 is the most significant route that serves as a connecting point between Peshawar and other cities.
Below is the Nova City Peshawar map:
M1 Peshawar-Islamabad Motorway is not only 155-kilometre long, but it also consists of 14 remarkable interchanges at different points. Simply put, the value of Nova City has increased threefold due to its prime location attracting many visitors and investors. Another housing scheme which is famous for being situated at a prime location is Park View City Islamabad.
Nova City Peshawar Accessibilities:
Following are some of the convenient accessibility points of the residential society:
- Located adjacent to the M-1 Islamabad-Peshawar Motorway
- Around 5-minutes’ drive away from DHQ Hospital Road
- Around 7-minutes’ drive away from Mardan Road
- Around 12-minutes’ drive away from Charsadda City
- Around 13-minutes’ drive away from Charsadda Road
- Around 15-minutes’ drive away from Bacha Khan University
- Around 19-minutes’ drive away from Peshawar City
- Around 19-minutes’ drive away from N-5/G. T Road
- Around 19-minutes’ drive away from Peshawar Northern Bypass
- Around 23-minutes’ drive away from Peshawar Ring Road
- Around 23-minutes’ drive away from Mardan City
- Around 25-minutes’ drive away from Risalpur City
- Around 36-minutes’ drive away from Nowshera City
- Around 51-minutes’ drive away from Bacha Khan International Airport
Nearby Landmarks and Places:
Following are the nearby landmarks and places of the residential society:
- N-5 National Highway
- M-1 Islamabad-Peshawar Motorway
- Risalpur Airbase
- Paradise City Nowshera
- Charsadda Cemetery
- Bacha Khan University
- Bacha Khan International Airport
Nova City Peshawar Master Plan:
The master plan of Nova City Peshawar has been designed by a skilled and professional team of engineers and architects. An area of around 2000 Kanal has been allocated to develop this residential scheme. Nova City Phase I is undergoing fast development, and Nova City Phase II has recently been announced.
Phase 1 of this housing society offers many residential and commercial plots of various sizes. The greenery of this place also adds to the aesthetic value of this housing society which will be adorned by parks, mosques, shopping malls and much more
Nova City Peshawar Phase I Plot Sizes:
Following are the plot sizes available in Phase I of Nova City Peshawar:
- 3.5 Marla
- 5 Marla
- 7 Marla
- 10 Marla
- 1 Kanal
Nova City Peshawar Payment Plan:
The payment plan of Nova City Peshawar is considerately designed by the authorities in order to facilitate its residents. The society pre-launched Phase I is offering a 4-yearly payment plan with 40-monthly instalments and 8-half-yearly instalments. This light-on-the-pocket payment plan has already attracted a bulk of investors in KPK and across the country.
Following is a convenient payment plan for the Nova Peshawar:
If you are looking for another reliable investment plan, we recommend you to consider the payment plans of Taj Residencia Islamabad and Kingdom Valley Islamabad as well. They are not only great investment opportunities in Islamabad but also high-quality housing schemes for building your dream house.
Payment Plan Terms & Conditions:
Following are the terms and conditions regarding Nova City Peshawar payment plan:
- Non-category plots in the payment plan are sold separately
- A 10% advance fee is required to be paid on category plots
- Plot rates can be changed at any time on a prior notice
- The current costs cover developmental fees
- You are required to pay a 10% confirmation within the first 45 days of booking your plot
Nova City Peshawar Facilities and Amenities:
The facilities and amenities of Nova City Peshawar are up-to-date, which will keep up with the modern lifestyle. The residential society provides all modern-day essentials to create a luxurious and comfortable lifestyle.
The creators have a vision of providing an environment-friendly and high-quality lifestyle. They set aside a big area for the central theme park for this reason, where youngsters and seniors could spend quality and relaxing time for mental nutrition.
The developers choose a green ecological environment in the most fruitful landmarks. The serene and eco-friendly environment attracts a lot of overseas investors.
The Grand Mosque is another beautiful addition to fulfil spiritual needs. Its modern and divine architecture is soul-soothing and calming. The Jamia masjid is in a rapid development phase.
Nova City Peshawar is a secure and gated community with 24/7 surveillance. Being a gated community raises the standard of a housing society. The developers do not compromise the security of their future residents. A boundary wall protects society’s confines to keep the high-tech level of security.
The owners of the residential society have kept a keen eye on the essential water resources for the housing society. Nova City in Peshawar is expected to have many water restoration plants that will provide clean water to the future residents of the housing society.
Education is one of the major and most important needs of life. The residential society’s owners have given special attention to educational purposes. Nova City Peshawar developer is planning to develop international-standard educational complexes. The future resident of residential society could achieve quality educational possibilities.
The developers of residential society prioritise the healthcare facilities for their future residents. They have developed international-standard hospitals and clinics for this purpose. Teams of experienced and well-trained paramedics will be hired to deal with emergencies. The emergencies will be open for 24 hours of the week.
Salient Features of Nova City Peshawar:
Following are the salient features of the residential society:
- Beautiful Entrance Gate
- Grand Mosque
- Water Resources
- Education Complex
- 24/7 Security
- Boundary Wall
- Gated Community
- Quality Development
- Water, Gas, Electricity
- Underground Electrification
- Sewerage and Waste Disposal System
- World-Class Infrastructure Development
- Sports Complex with Indoor and Outdoor Facilities
- Medical Facilities Offered by Hospitals, Dispensaries, and Clinics
Nova City Islamabad also has some great facilities and amenities. Do check their details out!
Nova City Peshawar First Balloting:
The balloting of a housing society is one of the most important steps towards its development. Early inhabitation and rapid growth have been ensured by Nova City Peshawar. Only recently, the results of balloting done at Nova City Peshawar against several plots were revealed on the authority’s Facebook page.
The first balloting for his residential scheme was held on the 23rd of March, 2022. Many investors also participated in this balloting, making it a huge success. We suggest you to have a look at Nova City’s Facebook page to see how grand the balloting event was.
Latest News of Nova City Peshawar:
Lately, Nova City Peshawar has made a lot of important announcements. Below mentioned are some of the most important latest news announced by the housing scheme:
- In January 2022, Phase I of this housing scheme was announced
- The first balloting for this residential complex was held on the 23rd of March, 2022
- The results for this balloting were announced by the authorities on May 2022
Nova City Peshawar Development Status:
Nova City Peshawar is in a fast development stage. The development in Phase I of the residential society is almost near its completion state. The officials have also announced Phase II of the housing scheme.
The authorities have also met the requirement for an adequate and smooth water supply and electricity. Due to the recently carried out balloting for Phase I, many official members are all-set to take possession of their designated property.
Benefits of Real Estate Investment:
Real estate investment is one of the most profitable businesses. This is because it has excellent investment return potential. But the point to keep in mind is that it will only be profitable when conducted correctly. One can gain several kinds of benefits from investment in the real estate industry. Some of the main benefits are as follows:
1. Financial Security:
If a person has some extra amount or someone has some asset, and he wants to keep the value of that asset high, then indeed, the real estate sector is the sector that can keep the investment value high.
2. Stable Income:
A person can quickly generate a stable income with investment in real estate. For example, one can buy a property, develop it, buy a developed property, and rent it monthly or yearly. Not just this, the rent increases yearly by some percentage, so it would not be wrong to say that it gets better than stable.
Once an investment is concluded, it’s not like some living thing you have to look after daily. The maximum you will have to do is visit your property every while to ensure it does not fall into the wrong hands of encroachers.
4. Passive Income:
Once someone has invested in a real estate property, passive income like rent could be generated. Investors buy a developed property or develop an open land and then rent it out, uninterruptedly ensuring a steady source generation throughout the year.
5. Non-depreciable Asset:
Real estate investment is a business that will never lose its value once done correctly. Real estate value always increases every year. And if some significant government or private project is started in its vicinity, the value may increase. If you are looking for some of the best investment opportunities other than Nova City Peshawar, you can also go through the details of Al-Noor Orchard Lahore. This housing society is developing rapidly, making it a perfect opportunity to invest.
|24/7 water||Perception of high plot rates|
|Theme parks/recreational areas|
|Peaceful/ healthy/secure environment|
|Gated community with security gates, surveillance systems, CCTV cameras & guards|
|Very close to the central locations & other societies|
|The vast and well-planned carpeted main boulevard, roads, streets, lanes & walk-ways for pedestrians|
|Well-planned drainage & waste disposal systems|
|Green, innovative and sustainable housing society|
|Solid waste disposal mechanism|
Reasons to invest in Nova City Peshawar:
For people who are looking for the most profitable opportunities for investment, Nova City Peshawar is a perfect choice. The residential project has become a huge success in a very short span of time as their plots are selling like hotcakes.
Below mentioned are some of the most significant reasons to invest in Nova City Peshawar:
- Excellent Amenities
- NOC-Approved Project
- Diverse Property Options
- Providence of Basic Facilities
- Efficient Security Systems
- No Risk Investment Opportunity
- Affordable and thoughtful Payment Plan
- Built on International Standards of Infrastructure
- Accessibility from Charsadda City and Peshawar Ring Road
- An Amazing Location of the Peshawar-Islamabad Motorway (M-I)
Documentation Required for Booking in Nova City Peshawar:
Below is the documentation required for booking a plot in Nova City Peshawar:
- Two passport-size pictures
- NICOP for overseas clients
- Two copies of the ID card of your next kin
- Two copies of your National Identity Card (NIC)
Pros and Cons:
Following are the pros and cons of Nova City Peshawar:
Frequently Asked Questions (FAQs):
Following are the FAQs about Nova City in Peshawar:
Q1: What is Nova City Peshawar?
Ans: Nova City Peshawar is a beautiful residential scheme offering its residents luxury and affordability. Many years of tireless efforts have been dedicated by its authorities to develop this modern state-of-the-art project.
Q2: Is it an approved and legal housing society?
Ans: The NOC of Nova City Peshawar is allegedly approved by TMA Peshawar.
Q3: Is it an affordable residential society?
Ans: Yes, it is an extremely affordable housing scheme. Its authorities have crafted the payment plans in such a way that they do not fall heavy upon one’s pocket.
Q4: Does this society have a potential for high yield investment return?
Ans: Yes, as this housing scheme is still in its starting phase, you can expect the plot prices to go much higher in the future when it is completed.
Q5: What is the location of Nova City in Peshawar?
Ans: Nova City Peshawar is located adjacent to the M-1 Motorway and close to Charsadda along with Peshawar.
Q6: Who are the developers of Nova City Peshawar?
Ans: Nova City Peshawar was developed by Nova Group of Developers.
Q7: How to book a property in the Nova City Peshawar?
Ans: Below-mentioned are the steps you are required to follow in order to book a property in Nova City Peshawar:
- Firstly, you need to verify your papers and employ the most up-to-date resources to fill out your forms adequately
- Have a manageable and solid financial plan to pursue your investment in this housing scheme
- Visit the housing scheme to rule out any foul-play
- Select your desired property size
- Fill out all the personal information correctly
- Fill out further details of the nominee
- Enter the payments along with doing a genuine signature
Q8: How to mortgage plots in Nova City Peshawar?
Ans: The tentative steps for the mortgaging of plots are mentioned as follows:
- Firstly, you are required to submit a request application
- Afterwards, you will be paying the NOC / NEC fee
- Lastly, you need to issue NOC / NEC to the bank
Q9: How to carry out the cancellation of files?
Ans: The tentative step to follow for the cancellation of files are mentioned below:
- Firstly, you are required to submit a request application
- Once the request is approved, you can visit the housing scheme’s office to collect the cancellation letter
Q10: How to take possession of a plot in Nova City Peshawar?
Ans: Following are the tentative steps to acquire the possession of plots in the residential society:
- Member will apply for SOD & PDCS (Statement of Dues & Post-Dated Cheques Statement) from BCD (Building Control Department) on Computer Generated Letter
- Before applying, he must pay the possession fee and will attach the deposit slip along with the application
- BCD will issue SOD & PDCS, and the member will pay accordingly
- Now, the member will apply on the prescribed application and will attach the following documents:
- CNIC (Copy)
- MS letter &/or Allotment Certificate (Copies)
- Post-dated Cheques (PDC)
- Fee / Charges deposit slips
- Afterwards, BDC will process their application and get approval
- BCD will approach the applicant to visit and get on-ground possession and possession letter
Q11: What is Nova City Peshawar’s head office contact number?
Ans: The contact number of Nova City Peshawar’s head office is 0333-1999507.
Q12: What are residential plot sizes available in Nova City Peshawar?
Ans: Below-mentioned is the residential plot sizes available in this housing society:
- 3.5 Marla
- 5 Marla
- 7 Marla
- 10 Marla
- 1 Kanal
Q13: What was the date of Nova City Peshawar balloting?
Ans: The balloting of the residential society was held on the 23rd of March, 2022.
Q14: How is Nova City Peshawar different from other housing projects in the real estate market?
Ans: Firstly, it is a trusted project as its developers have made a sound reputation for themselves in the past decades. Secondly, it is developed at a prime location. And thirdly, its rates are extremely affordable. All these features make Nova City stand out among the rest.
Nova City Peshawar is a great investment opportunity as it offers state-of-the-art facilities and amenities. Everything has been managed very well by the authorities of this residential scheme, from security to clean water.
This NOC-approved housing society is built at a prime location, which is one of its most prized assets. Real-estate gurus claim that Nova City Peshawar is an investment opportunity that must be availed as it will be highly beneficial in the future.