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Nova City VS The Life Residencia: Where to Invest?

Introduction

This review of Nova City VS The Life Residencia is a comparison between location, pricing, amenities, and market demand. Before delving deep into this detailed comparison, it is fair to say that both housing projects are in immense demand. However, which of the two societies are best to invest – and which of them give better value for investment.

Manahil Estate has compared the two projects and reached some revealing facts. Read on to find out where to invest if you are in a tie between Novak City and The Life Residencia.

Nova City VS the Life Residencia: Location

nova city vs the taj residencia location

The Location of Nova City Islamabad is near Fateh Jang Road right next to the CPEC route, which is convenient for both residential and commercial property investments. The main access would be from the Ring Road and the other side of the society takes you to CPEC.

The Life Residencialocation is closer to the airport and is located in the neighborhood of Mumtaz City and Pakistan Employees Cooperative Housing Society (PECHS). The project touches new International Islamabad Airport on one side and the other side is accessible from Fateh Jang Road.

Nova City Location

  • Near Rawalpindi Ring Road
  • Located on CPEC-Ring Road Interchange
  • New Islamabad International Airport
  • 25 min drive from M-2 Motorway
  • 6 min drive from Bango, Attock
  • 3 min drive from Kanial, Rawalpindi
  • 26 min drive away from Islamabad
  • Near Blue World City
  • Near Capital Smart City
  • Located next to Eco Housing

The Life Residencia Location

  • 5 min drive from New Islamabad Airport
  • 4 km from CPEC route interchange
  • 5 min drive M-1 and M-2 Motorway
  • 21 Km from Fateh Jang cityTHe
  • 25 min drive from Islamabad
  • 25 min drive from Saddar Rawalpindi
  • 32 min away from Kohat road
  • 8 minutes from N-80
  • Near Top city, and Mumtaz City

Nova City VS the Life Residencia: Owners and Developers

Both the societies are in the initial development phase where they are developing Main Boulevard, streets, and related infrastructure.

Nova City Developers

  • Chaudhry Junaid Afzal is the Chairman of Nova City.
  • Nova City Islamabad is the project of  Nova City Developers. They are known for high-quality infrastructure development.

The Life Residencia Developers

  • Malik Tehseen Awan is Chairman and Sarfraz Sialis the CEO of The Life Residencia.
  • SafeHand group is developing the Life Residencia. They take pride in providing a luxurious lifestyle to people.

Nova City VS the Life Residencia: The Neighborhood

nova city vs the taj residencia neighborhood

Both projects almost share the same neighbors. They are in a prime location with famous landmarks discussed in the location above.

Nova City’s Neighborhood

  • Nova City is developing adjacent to CPEC-Ring Road Interchange.
  • The neighboring societies are Blue World City, Capital Smart City, and Eco Housing.

The Life Residencia’s Neighborhood

  • Life Residencia is 4 km from the CPEC route interchange.
  • The neighboring societies are Top city, Mumtaz City and University Town.

Nova City VS the Life Residencia: NOC

The No Objection Certificate (NOC) is necessary to define the legal status of a housing project. It is best to invest in a project approved by relevant government organizations.

Nova City NOC

  • Nova City has yet to obtain NOC. However, society has planning permission.

The Life Residencia NOC

  • The Life Residencia is approved by RDA for PP-1.
  • The society has obtained the NOC from TMA as well.

Nova City VS the Life Residencia: Amenities & Facilities

nova city vs the taj residencia amenities

Before investing in a residential society, the investors inquire about the features of the society. Here is a comparison of the amenities and features of Nova City VS The Life Residencia.

Nova City Amenities

  • Parks, Zoo & Mosque
  • Jogging & walking tracks
  • Gated Community
  • Hospitals and Clinics
  • Commercial areas
  • Automated sewerage system
  • Educational institutions
  • Power supply, Gas, and water
  • Sports areas for adults and children
  • Playland and play areas for children
  • Commercial shopping centers
  • Fiber Optics technologies

The Life Residencia Amenities

  • Modern educational institutes
  • Grand Jamia Masjid
  • District 360, commercial area
  • Shopping malls in District 360
  • Modern luxury villas
  • Parks & Play Areas
  • Gated Community
  • Mini-Golf Course and Golf Club
  • Security and surveillance systems
  • Water, Electricity, and Gas

Nova City VS the Life Residencia: Plot Sizes

Both societies offer offers easy installments options in a reasonable range. You can book a plot of any size at affordable prices, and in quarterly installments.

Nova City Plot Sizes

Residential plots available in the sizes of:

  • 5 Marla
  • 8 Marla
  • 10 Marla
  • 14 Marla
  • 1 Kanal
  • 2 Kanal

The Life Residencia Plot Sizes

Residential plots available in the sizes of:

  • 5 Marla
  • 7 Marla
  • 10 Marla
  • 12 Marla
  • 1 Kanal

Nova City VS The Life Residencia: Booking Procedure

Nova City Booking

You can book a plot in Nova City by paying a 10% down payment. You get the possession after 40 monthly installments.

The Life Residencia Booking

You can book a plot in The Life Residenciawith a 17.5% down payment and the remaining amount in 12 quarterly installments.

Nova City VS The Life Residencia: Where to Invest?

The comparison is in front of you. Nova City and Life Residencia are two promising projects with a bright investment future.

You can book a plot in Nova City with fewer down payments but the legal status of the society is still in limbo. Down payment for the Life Residencia is higher but the society has obtained NOC that makes it legally more legitimate to invest.

To book your plots at Nova City contact us at 0333 0166670. For booking plots in The Life Residencia contact us at 0333 0166664.

You can choose according to your requirements and whatever investment plan suits you. Take this investment opportunity or consult us if you want more details.

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