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Nova One Lahore Prices, Location, & NOC

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Nova One

One of the major problems in Pakistan is increasing urbanization. People do not have the same employment, healthcare, or education opportunities as large urban centers in rural areas. Thus, they have no other option but to move toward cities. The problem is that Pakistan’s cities are not well-planned. They cannot effectively deal with a significant population increase, and the government is not paying attention as usual. Resultantly, private developers are taking the initiative to deal with urbanization. Instead of opting for large houses and bungalows, they are setting up high-rise apartments. They take up less space and house more people.

Increase in Apartment Living in Pakistan

An increasing number of people prefer living in apartments. One reason is that they are offering the same luxury lifestyle as a standalone house. Second, they are much safer and provide a vibrant living community. Besides, many people must rent out one portion of their house because it is unused. Instead of inviting unknown people to live in your home, it is better to own a home that matches your requirements. It is why people opt for apartments.

Best Apartment Building in Pakistan?

It is challenging to name an apartment building as the best one in Pakistan. The reason is that there are so many that offer the best facilities and luxurious living. A few include Centaurus in Islamabad, Crescent Bay in Karachi, Penta Square in DHA Lahore, Gulberg Arena in Islamabad, and Nova One Prime in Lahore.

What is Nove One Prime?

Undoubtedly, it will be one of the biggest commercial projects in Lahore and Pakistan’s history. It features two high-rise towers containing residential units, retail shops, commercial offices, and more. The structure is inspired by Italian architecture. In other words, you will get a European standard of living right in Lahore. The developers are the same group that is behind Nova City in Islamabad. A stunning fact that people do not know about the project is that it will be Lahore’s tallest building after completion.

Nova One Location

It is located at Kalma Chowk near Ferozpur Road. If you are a resident of Lahore, you already know that it is a prime location. You can easily access top places such as the International Airport, Saddar Town, MM Alam Road, Liberty Market, etc.

As you can see from the image, there are many parks surrounding the building. It means that residents will get to live in a clean and green environment. They can easily step out of their homes and visit the park to refresh themselves. If you cannot find anything within the shopping complex, you can easily go to Liberty Market. It would not be wrong to say that it is a walking distance of the apartment complex.

Nova One Payment Plan

Residential

Sky Villas (Residential) Price Per SQFT Area SQFT Total Payment Token Payment Booking (10%) Confirmation (10%) Monthly Instalments (48) On Possession (20%)
Single Bed 30,000 1,200 36,000,000 1,000,000 2,600,000 3,600,000 450,000 7,200,000
Double Bed 30,000 1,663 49,875,000 1,000,000 3,987,500 4,987,500 623,438 9,975,000
Three Bed 30,000 2,063 61,875,000 1,000,000 5,187,500 6,187,500 773,438 12,375,000
Penthouse Sold Out

Please note that the prices are subject to change. Therefore, contact our team or the developers for the latest rates. Also, the total area may vary due to the final design. The investors who book the category apartments must pay 10% extra.

The payment plan for commercial units is as follows:

Corporate Section Price Per SQFT Area SQFT Total Payment Token Payment Booking (10%) Confirmation (10%) Monthly Instalments (48) On Possession (20%)
Smart Business Shop 100,00 250 25,000,000 1,500,000 1,000,000 2,500,000 312,500 5,000,000
Growing Business Shop 100,00 432 43,200,000 2,000,000 2,320,000 4,320,000 540,000 8,640,000
Established Business Shop 100,000 864 86,400,000 2,500,000 6,140,000 6,140,000 1,080,000 17,280,000

The shops are available on the second, third, and fourth floors. Again, the actual size varies on the final design, which may be subject to change.

Nova One Prime NOC

Currently, the NOC has not been approved by the relevant authorities. However, it is expected that the developers will obtain it soon. Should you invest in Nova One Prime even though it does not have the NOC? It is a challenging question to answer. If you wait for the NOC, the rates will only increase further. It means that you will need to pay a lot more than before.

Nova One Prime Facilities

There are plenty of facilities, including:

1.    Italian Architecture

As said earlier, the design is based on Italian architecture. Undoubtedly, Nova One will not only be an attraction because it is Lahore’s tallest building but also for its contemporary design.

2.    24/7 Security

Rapid urbanization has led to problems like crime and other anti-social activities. Fortunately, residents do not need to worry about such things in Nova One Prime. A dedicated security team monitors the premises 24/7 and is well-equipped to handle any type of situation.

3.    Shopping Complex

If you need to buy something, you do not need to step foot outside the building. Everything is available within the building as three floors are reserved for a shopping complex.

4.    Modern Gym

Nova One Prime has a fitness center if you feel like exercising or hitting the spa to let go of the tension.

5.    Location

There is no doubt that location is a primary factor in any buyer’s decision-making. If a project is too far away from the city, people are unlikely to pay good money. Fortunately, Nova One Prime is right in the heart of Lahore. You can access Nova One Prime from multiple areas. All fundamental necessities such as hospitals, parks, and educational institutes are close to the building.

Conclusion

If you have any questions, please do not hesitate to contact us. Our representatives will answer any queries. If you plan to invest in Nova One Prime or Nova City in Islamabad, our team can guide you throughout the process. We are well-experienced in guiding investors to help them get the best return on investment. Visit our projects page to know which housing and commercial schemes we specialize in. We keep taking on new projects regularly, so do not forget to check back.

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