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.
Contents
- 1 Introduction
- 2 Nova City VS the Life Residencia: Location
- 3 Nova City VS the Life Residencia: Owners and Developers
- 4 Nova City VS the Life Residencia: The Neighborhood
- 5 Nova City VS the Life Residencia: NOC
- 6 Nova City VS the Life Residencia: Amenities & Facilities
- 7 Nova City VS the Life Residencia: Plot Sizes
- 8 Nova City VS The Life Residencia: Booking Procedure
- 9 Nova City VS The Life Residencia: Where to Invest?
Nova City VS the Life 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
- Located on CPEC-Ring Road Interchange
- Near New Islamabad International Airport
- 25 min drive from M-2 Motorway
- 6 min drive from Bango, Attock
- 3 min drive from Kanial, Rawalpindi
- Near Capital Smart City
Located next to Eco Housing
The Life Residencia Location
- Located on Islamabad–DI Khan (M-14) Motorway
- 5 Min Drive from New Islamabad Airport
- 4 km from CPEC route interchange
- 21 Km from Fateh Jang city
- 30 min drive from Islamabad
- 25 min drive from Saddar Rawalpindi
- 32 min away from Kohat road
- 8 minutes from N-80
- Near Top City, Mumtaz City, and PECHS Islamabad
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
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 Prime City Housing, ICHS Town, Motorway City, Airport Avenue Housing Society, and Sadiq Greens Residencia
The Life Residencia’s Neighborhood
- Life Residencia is 4 km from the CPEC route interchange.
- The neighboring societies are Top City, Mumtaz City, Fazaia Housing Scheme Tarnol, Graceland Housing, Airport Green Garden, Capital Valley, Airport Enclave, Shalimar Town, Faisal Town, Ministry of Commerce Society, Tele Garden (T&T ECHS), Gulshan-e-Sehat and PECHS Islamabad.
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 obtained the NOC from concerned authorities.
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
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 and Life Residencia. Both of the housing projects are NOC approved and share the same neighborhood. Life Residencia is located near Islamabad International Airport and is adjacent to an already populated area. Whereas, Nova City comes on M-14 Motorway near Laddan Shah Rawalpindi which is a less developed area. However, Nova City has earned a name in developing housing projects and delivering them to its buyers. This makes it an equally viable option when compared to The Life Residencia.
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.
