North Town Residency is one of the newest and most luxurious housing developments in Karachi. The development is located in the North Nazimabad area and offers a range of apartments and villas. The North Town Residency Phase 1 price list for North Town Residency is not yet available, but interested buyers can expect to pay a high price for a home in this development.
North Town Residency Phase 1 Karachi Price List Insights for Home buyers
North Town Residency Phase 1 is a housing project located in Karachi, Pakistan. The project is developed by Lead Marketing. The project is currently in its pre-launch phase, and is expected to be completed by the end of 2023.
The project offers a total of 1,200 units, with a mix of apartment and duplexes. The prices for the units start from PKR 2.4 million and go up to PKR 4.8 million. The project is being marketed as an affordable housing option for buyers looking to invest in Karachi.
However, given the current state of the housing market in Karachi, it is important to understand the pricing of the project in detail before making an investment. In this article, we will take a closer look at the North Town Residency Phase 1 price list and provide some insights for home buyers.
The North Town Residency Phase 1 project is located in Sector 11-C of North Karachi. The project is situated close to major landmarks such as the Karachi Zoo, National Stadium, and NIPA Chowrangi. The project is also well-connected to other parts of the city via the North Karachi Expressway.
The project offers a total of 1,200 units, with a mix of apartment and duplexes. The prices for the units start from PKR 2.4 million and go up to PKR 4.8 million. The project is being marketed as an affordable housing option for buyers looking to invest in Karachi.
The apartment units in the project are available in two different sizes: 1,050 square feet and 1,250 square feet. The duplex units in the project are available in four different sizes: 2,250 square feet, 2,500 square feet, 2,750 square feet, and 3,000 square feet.
The prices for the apartment units start from PKR 2.4 million and go up to PKR 3.6 million. The prices for the duplex units start from PKR 3.6 million and go up to PKR 4.
Factors Affecting Prices in North Town Residency Phase 1 Karachi
The real estate market of Karachi offers a wide range of options for the buyers. However, the prices of properties are constantly changing and it has become quite difficult to make a decision. If you are planning to invest in a property in North Town Residency Phase 1 Karachi, it is important to understand the various factors affecting the prices.
The following are some of the key factors affecting prices in North Town Residency Phase 1 Karachi:
1. Location: The location of a property is one of the most important factors affecting its price. North Town Residency is located in a prime location of Karachi and is easily accessible from all parts of the city. This makes it a desirable option for buyers and hence, the prices are slightly higher than the other options available in the market.
2. Size of the Property: The size of the property is another important factor that affects its price. The properties in North Town Residency are available in different sizes ranging from 1,000 sq. ft. to 5,000 sq. ft. The prices of the properties vary depending on the size of the unit.
3. Type of Property: The type of property is another factor that affects its price. The properties in North Town Residency include apartments, duplexes, and villas. The prices of the properties vary depending on the type of unit.
4. Age of the Property: The age of the property is another factor affecting its price. The prices of the properties in North Town Residency are higher for the newly constructed units as compared to the older ones.
5. Payment Plan: The payment plan is another factor affecting the prices of the properties in North Town Residency. The prices of the properties are lower for the buyers who opt for the down payment plan as compared to the ones who opt for the instalment plan.
6. Developer: The developer is also a key factor affecting the prices of the properties in North Town Residency. The prices of the properties are higher for the buyers who opt for the properties developed by the leading developers in the market.
What Home buyers Should Expect in North Town Residency Phase 1 Karachi
The much-awaited North Town Residency Phase 1 Karachi price list has finally been released, and home buyers are eager to get their hands on it. However, with so many units and prices to choose from, it can be tough to make sense of it all.
Here's a quick guide to help you understand the North Town Residency Phase 1 Karachi price list:
Number of Units:
There are a total of 1,008 units available in North Town Residency Phase 1 Karachi. These units are spread across four different blocks, namely A, B, C, and D.
Unit Sizes:
The units in North Town Residency Phase 1 Karachi are available in a variety of sizes, ranging from 2,475 square feet to 4,950 square feet.
Prices:
The prices of the units in North Town Residency Phase 1 Karachi start from PKR 7,500,000 and go up to PKR 18,000,000.
Payment Plans:
The developers of North Town Residency Phase 1 Karachi are offering a variety of payment plans to suit the needs of different home buyers. There are plans available for full payment, installments, and even deferred payments.
Installment Plans:
The installment plan for North Town Residency Phase 1 Karachi starts from a down payment of 40% of the total price, followed by monthly installments for the next 3 years. There is also a 5-year installment plan available, with a down payment of 50% of the total price.
Deferred Payment Plan:
The deferred payment plan for North Town Residency Phase 1 Karachi allows home buyers to pay the down payment of 50% of the total price after 2 years. The remaining 50% can then be paid in monthly installments over the next 3 years.
Completion Date:
The expected completion date for North Town Residency Phase 1 Karachi is December 2024.
So, there you have it! This is everything you need to know about the North Town Residency Phase 1 Karachi price list. With this information
How to Make the Most Out of North Town Residency Phase 1 Karachi Price List
Making sense of North Town Residency Phase 1 Karachi price list can be a daunting task for home buyers. However, with a little bit of research and understanding, it is possible to make the most out of the prices offered by the developers.
The first thing that home buyers need to understand is the fact that prices of properties are subject to change. This is because the developers can change the prices at any time and they are not required to give any prior notice to the buyers. However, if you are planning to buy a property in North Town Residency Phase 1 Karachi, it is important to keep an eye on the prices so that you can make an informed decision.
Another important thing to keep in mind is the fact that the prices offered by the developers are not always the same. In fact, there can be a significant difference in the prices offered by different developers. Therefore, it is important to compare the prices offered by different developers before making a decision.
It is also important to understand that the prices offered by the developers are not always inclusive of all the charges. In fact, there are a number of additional charges that are not included in the prices offered by the developers. These charges include but are not limited to, stamp duty, registration fee, and transfer fee. Therefore, it is important to take these charges into account when making a decision.
Lastly, it is also important to understand that the prices offered by the developers are not always the same. In fact, there can be a significant difference in the prices offered by different developers. Therefore, it is important to compare the prices offered by different developers before making a decision.
