Zaitoon city Lahore

Developer:

It is a Zaitoon Real Estate Developer Company project.

It has been in use for almost three decades. New Lahore city, Lucky Centre, Japan Center, Land Mark Plaza, and Center Point Plaza are examples of Zaitoon’s state-of-the-art commercial and residential buildings that were completed on schedule.

The well-known Zaitoon Group is behind the initiative. The CEO of the Zaitoon Group is Mian Ayaz Anwar, while the Chairman is Mian Ejaz Anwar. Other well-known projects such as Japan Center, Lucky Center, Landmark Plaza, and Center Point Plaza have previously been completed.

All of these projects are examples of the developers’ success, as well as an assurance that the project is in the best possible hands. And that’s not all; the quality of the work is also a guarantee in and of itself, since the first two projects were completed ahead of schedule.

You may also like to learn about the Blue World City.

NOC:

LDA has given their approval (Lahore Development Authority).

LDA/DMP-III/1961

Map of the Area:

On the major Canal Bank Road, Zaitoon is located. The following is the distance from other notable locations.

Shahkam Flyover is a 10-minute drive away.

Ferozepur Road is 15 minutes away.

Motorway interchanges are 20 minutes away.

DHA Lahore is a 25-minute drive away.

Lahore Airport is 30 minutes away by car.

The Lahore Ring Road is around 6 minutes away.

Plan of Payment:

Zaitoon City is selling residential plots of 5, 10, and 20 marlas, as well as business plots of 4,6, and 8 marlas, on a 4-year simple instalment plan. After the 60 percent instalment has been paid, possession will be awarded. The following is the pricing strategy.

Price List for Residential Plots in Zaitoon City

Plot of 3 Marlas ( New Deal 2021)

Total Cost: 2,100,000 Pakistani Rupees

210,000 PKR is the booking amount.

After two months, the confirmation amount is 210,000 PKR.

17,000 PKR monthly instalment

152,572 PKR = 7-Bi-Annual instalment

5 marla:

The cost of land is 3,500,000 Pakistani rupees.

15 percent of the total booking amount = 525,000 PKR

Amount of Confirmation 10% = 350,000 PKR

PKR 27,500 divided by 36 monthly instalments is PKR 27,500.

PKR 272,500 in 6-bi-annual instalments

10 marla:

The cost of the land is 6,850,000 Pakistani rupees.

15 percent of the total booking amount = 1,027,500 PKR

Amount of Confirmation 10% = 685,000 PKR

57,500 PKR in 36 monthly instalments

511,250 PKR in 6-bi-annual instalments

20 marla:

The price of the land is 13,000,000 PKR.

15% of the total booking amount = 1,950,000 PKR

Amount of Confirmation 10% = 1,300,000 PKR

PKR 97,500 in 36 monthly instalments

PKR 1,040,000 in 6-bi-annual instalments

Price Plan for Commercial Plots in Zaitoon City

4 marla:

The cost of land is 10,200,000 Pakistani rupees.

15 percent of the total booking amount = 1,530,000 PKR

Amount of Confirmation 10% = 1,020,000 PKR

PKR 93,333 in 36 monthly instalments

715,000 PKR in 6-bi-annual instalments

6 marla:

The cost of the land is 15,000,000 Pakistani rupees.

15% of the total booking amount = 2,250,000 PKR

Amount of Confirmation 10% = 1,500,000 PRK

133,333 PKR in 36 monthly instalments

PKR 1,075,000 in 6-bi-annual instalments

8 marla:

The cost of land is 19,200,000 Pakistani rupees.

15% of the total booking amount = 2,880,000 PKR

Amount of Confirmation 10% = 1,920,000 PKR

160,000 PKR in 36 monthly instalments

PKR 1,440,000 in 6-bi-annual instalments

Note:

Extra 10% for the corner

Main Boulevard gets a 10% bonus.

An additional 10% discount is available if you are facing the park.

Payment Schedule and Price Plan for Residential Plots:

The cost of a 5 Marla land is 5,382,775 rupees. Its down payment is 30% of the total price of $1,614,833. And there would be 24 monthly instalments totaling 123,355 rupees. A balloon payment of $807,416 is required at the time of transfer, with 15% of the total amount due.

The cost of a 10 Marla land is 10,526,316 rupees. Its down payment is 30% of the total price of $3157,895. And there would be 241,228 rupees in 24 monthly payments. A 1,578,947 balloon payment, of which 15% of the total sum must be paid at the time of transfer.

Author Bio

Muhammad Junaid is a CEO of VM Sol, senior Analyst, and Search Engine Expert. Extensive experience being an IT Manager in Kingdom Valley Islamabad. Work for years with local and international enterprises. Also, represent well-known brands in the UAE.