Apparent Reasons of Price Hike in New Lahore City

Located on Canal Bank Road, New Lahore City is a housing project launched by Zaitoon Group. With majority of plot cuttings available in 5 Marla, 8 Marla and 10 Marla, the housing project seems a natural choice of investment, especially with projects like Bahria Town Lahore and NFC Phase 2 located nearby.

New Lahore City has recently seen a steady increase in the prices of residential plot files. Although, prices are going up in all the blocks of New Lahore City but Platinum Enclave has seen most significant raise in plot file prices. Read here about the new payment plan launched by New Lahore City administration for Platinum Enclave. There are certain factors that led to increment in prices. All those factors have been discussed below:

Rigorous Marketing

Zaitoon Group has launched a proactive marketing campaign to raise awareness about the project among common masses. Newspaper ads and outdoor marketing is efficiently utilized to spread the word about New Lahore City. Developers are using success of their past projects to lure buyers into this new residential project. This interactive marketing regimen has paid off for the Zaitoon Group as investors have taken note of the smaller plot cuttings and relatively lower prices.

Imminent Launch of Lahore Ring Road

Swift development of Lahore Ring Road Southern loop has also added to the appeal of New Lahore City. An interchange will be located at a distance of few km from the main gate of the project. This will reduce travel time to main city hubs like Airport, G.T. Road, DHA and Ferozepur Road. It is expected that by November of 2017, Lahore Ring Road Southern arc will be completed and this probable launch has enabled the prices to go even higher.

LDA Approved Status

Each advertisement of New Lahore City carries an LDA approval seal. Legitimate status of the residential project and assurance of safe investment have given investors the much needed confidence. As we have explained in another blog post, LDA approved status shows that the developers own the land on which they plan to launch the residential project. Zaitoon Group has intelligently used LDA approved status of New Lahore City to their benefit.

Now that you have been told about the factors that contributed in the price hike for residential plot files of New Lahore City, we have a special update as well. There are still somefiles for Platinum Enclave of New Lahore City thatcan be bought at original lower prices. These plot files are for 5 Marla and 8 Marla residential plots. You don’t have to pay any extra amount if you buy a plot file of New Lahore City from us. With prices going higher already, you can earn substantial profit on these residential plot files.

Please click here to read about features and facilities that will be part of New Lahore City.

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