Introduction
New City Paradise Islamabad is a real estate project located in the capital city of Pakistan. As with any real estate investment, it’s essential to ensure that the project is approved by the relevant authorities before making a purchase. In Pakistan, the Pakistan Housing and Town Planning Agency (PHATA) is responsible for regulating real estate projects. In this article, we’ll examine whether or not New City Paradise NOC has been processed and why this approval is important.
What is New City Paradise Islamabad?
New City Paradise Islamabad is a project by New City Developers, a well-established name in the real estate industry. The project is located in the heart of Islamabad and boasts state-of-the-art facilities and amenities. The project features plots of various sizes, as well as apartments and commercial properties. The developers claim that the project is designed to provide a luxurious lifestyle to its residents, with parks, mosques, schools, and hospitals in close proximity.
What is PHATA and why is approval important?
PHATA is a government agency responsible for regulating and approving real estate projects in Pakistan. The agency was created to ensure that real estate developers follow the required rules and regulations to provide quality housing facilities to the public. PHATA approval is crucial for buyers and investors as it guarantees that the project has been designed and constructed according to the set standards. A project that is not approved by PHATA is considered illegal and poses a risk to buyers and investors.
Is New City Paradise Islamabad approved by PHATA?
Yes, New City Paradise Islamabad is approved by PHATA. The developers have obtained the necessary approvals and NOCs from PHATA to start and continue construction on the project. The project’s approval status can also be verified by checking the PHATA website.
It is also pertinent to mention that New City Paradise is project by Chaudhry Qamar Zaman and Chaudhry Saad Zaman whose last successful project was New city Wah. Therefore, there is no surprise that this time around too, it will of an absolute excellence and magnificence. Moreover, since the last project too was fully approved by Punjab Housing and Town Planning Agency (PHATA) and has gained immense trust and confidence of the investors and residents, it is likely to do the same with New City Paradise.
Moreover, here is the No Objection Certificate details of New City Paradise Islamabad. The approval number is;
- DG-PHATA/W-I/PHS/61/2022
Benefits of investing in a PHATA-approved project
Investing in a PHATA-approved project provides several benefits to buyers and investors. Firstly, it ensures that the project has been designed and constructed according to the set standards, providing a sense of security and peace of mind to the investors. Secondly, PHATA approval adds credibility to the project, making it easier to secure financing and sell the property in the future. Lastly, investing in a PHATA-approved project protects buyers and investors from fraudulent or illegal real estate projects, which are common in Pakistan’s real estate market.
Conclusion
In conclusion, New City Paradise Islamabad is approved by PHATA, providing buyers and investors with the necessary assurance of quality and credibility. Investing in a PHATA-approved project is crucial to ensure the safety of your investment and avoid fraudulent activities. We recommend that you always verify the PHATA approval status of any real estate project before making a purchase. It will not only save from you any kind of future inconvenience, mishaps and worries but will secure your future like none other. So, what’s the wait for? Take the leap and invest in one of the biggest housing societies in cities. Lastly, Estate Land Marketing is always here for assistance, clear queries and booking.
