Al-Kabir Town project details for short term investors

The demand for the residential area of ​​Ruifeng Road residential project has soared recently. During May 2018, the number of searches for residential projects on this road increased by 5 personal index points, rising from 10th to 5th in the purchase of trend real estate directly from Zameen in Lahore. In these societies we have the town of Al-Kabir. This is its latest update.
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position
This community is located on Raiwind Road and is divided into two phases. Its first phase is located between the community's established housing communities. These include Bahria Township, Lighthouse House Association, Army Welfare Trust Fund II and Pakistan Medical Housing Association. The second phase of the town of Kabir is even more strategic because it is located on the main thunder wind road opposite Lake City.

Project details
This is a prime location in the town of Al-Kabir, which managed to keep many people warm-hearted. In addition, the first phase of the construction has provided underground cabling for various cables and main infrastructure, paving the way for the popularity of the second phase. In addition to the natural gas connection, the first phase of the town of Al-Kabir, which constitutes zones A and B, also has all the necessary facilities.

On the other hand, the second phase is currently under development. To date, developers have launched eight blocks; Zone A, Zone B, Zone C, Zone D, Zone E, Zone Ari, Usman and Umer.

The first and second periods featured 3 Maras and 5 Maras-sized residential communities. Whether it is an old reservation or a new booking, the developer has maintained the total price of the 3-marla plot at 1,500,000 while the total price of the 5-marla plot remains at 2,500,000.

Current status
The first phase of development work has been completed 100% through ownership transfer. It is noteworthy that in the 36-month instalment, the community owners have so far paid only half. Due to property ownership, the payment plan has not yet been completed and the demand for the first phase of land will inevitably increase.

Currently, the transaction price for the first 3-marla and 5-marla residential plots is between 650,000 PKR and 800,000 PKR. These plots have a high demand among those who will build houses.

Unlike the first phase, the second phase of the town of Kabil is characterized by 3-marla, 5-marla, 8-marla, 10-marla and 1-kanal residential communities. Here, the development work for Zones A, B, and C has been completed by 75%, and the owners have paid 12 times so far. Developers are likely to hand over the property in these plots in the coming months. At present, the block premiums for Zone A, Zone B, Zone C and Zone D are respectively 45,000 Pakistani rupees and 800,000 Pakistani rupees according to their geographical location.

In Area E, the parcels in Ali and Usman districts are paid for only 5 times, with prices ranging between PKR 60,000 and PKR 250,000.

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