Zaitoon New Lahore City remains an investor favourite
Zaitoon New Lahore City (NLC), the flagship project of Zaitoon has managed to retain investor confidence, ever since its inception. According to a market review report, the project has remained on an upward trajectory and has given double-digit returns on investment for all properties sold since 2011 to date.
During 2015, average plot prices of 500 and 250 yards plots were up by 8% in Lahore. However, the property prices at NLC rose by approximately 400%; cementing investor confidence in the project.
This is no surprise as situated in the suburbs of Lahore on Canal Bank road, the housing project is one of the fastest developing communities with state-of-the-art facilities; beautifully designed Zaitoon Villas and Zaitoon Heights.
NLC is situated in an ideal spot as it is accessible from five different routes from all across the city. Moreover, Ring Road interchange is less than one km away from the main gate of NLC on Canal Road; linking the lifestyle community directly with all the main junctions of the city.
Since Zaitoon aims to nurture an integrated community rather than focus on brick-and-mortar, NLC has been designed in a way that not only provides a safe and secure abode for its residents but also invokes in them a sense of belonging and community.
Beautifully landscaped parks are all-around the society
To this effect, Zaitoon has taken several steps to ensure the provision of world-class facilities and amenities to its residents which are:
- JS Bank branch,anchor tenant of NLC is fully operational in Phase-1 on Main Boulevard. The full services branch is offering home loans, car financing, payment of utility bills & internet banking.
- Grocery Den in Phase- I community park has opened its doors to public.
- Medical Center, Dental & Eye Clinic along with Ambulance facility on Main Boulevard Phase-I has been allocated for fast track professional services.
- School (Pre-School to A Levels) 23 Kanals land in Phase II, has been allocated. A MoU for this project has already been signed with Cornerstone School (A project of University of Lahore). Key features of school will be day care center, indoor games, gym, swimming pool, pick & drop, lunch, highly qualified & trained staff, shadow teaching facility, free syllabus books, copies & stationary. Residents of Zaitoon-New Lahore City & employees will get special discounts on admission & tuition fee of their kids with siblings discount offer. Commencement of classes: 2018
- State-of-the-art hospital in Phase-III, on 50 Kanal land has been demarcated along with medical college in accordance with PMDC standards.
- Jamia Mosque in Phase II is constructed and has been operational since 21st April 2017.
So far, the above-mentioned milestones have been achieved, with many more to come.