The owners and developers of Park View City Lahore are Vision Group Ltd. The urbanist group is one of the most reliable construction companies working in real estate. The Vision Group Pvt. Ltd was founded in 1986, and Mr. Abdul Aleem Khan is the company’s current CEO.
The construction company is globally franchised with a diverse portfolio of businesses. The company’s business profile includes real estate development, construction of schools, and medical zones. The organization has a clear goal of developing the most unique and reliable projects in the real estate sector.
There is no authentic information regarding the No Objection Certificate (NOC) of Park View City Lahore. Investors should confirm the legal status of the housing scheme before finalizing any deal. The approval of NOC from certain authorities matters a lot for the reputation of residential society. The owners of PVC have been making efforts for the legal process of NOC approval from LDA.
The location of PVC Lahore is prime as its located near Multan Road, Lahore. The PVC owners strategically planned the location of the residential society. As it is located in Lahore’s largest business and residential center, this residential neighborhood is premium and exclusive, giving modern amenities for a high-quality living.
Because of the greatest land value in the real estate market, the location of the housing society is quite important. Multan Road, with its auxiliary roads, is home to roughly 50 business buildings.It also connects to key secondary routes such as the Lahore Road and the Lahore Canal.
Park View City Lahore is quite an accessible project.
Highly Expected Price Increments
The Park View City prices are set to be very reasonable for now. However, it is expected to increase as soon as the development is completed. So, investing in these plots or reselling them can yield you higher returns in a very short period.
NOC-Approved
Another benefit of investing in this project is its legal approval. All the Park View City schemes have been approved, and this one is also one of them. Being NOC-approved, it offers the safest and most secure investment opportunity, rather than investing in societies with doubtful legalities.
Prime Location
Another benefit of investing in this society is the prime location. It is the only phase of Park View City that is in proximity to the Smart City. The popularity and investment potential of Smart City have very notable effects on Park View City. This location also increases its accessibility to a huge extent.
Quality Development
As the developers of Park View City, These developers have already delivered outclass projects in Pakistan. So, one can stay confident that this project will also be the epitome of quality infrastructure.
Long-Term Investment
Any real estate asset is a long-term investment, particularly in a project like this one. The investment potential of plots in this phase of Park View City is unlimited and will continue to yield benefits even after years.
What is Park View City Lahore?
Park View City Lahore is a premium residential project developed by Vision Group, offering a blend of luxury living and modern amenities in a prime location.
Where is Park View City Lahore located?
It is situated on Multan Road, approximately 3 kilometers from Thokar Niaz Baig, providing easy access to major areas of Lahore.
Who is the developer of Park View City Lahore?
The project is developed by Vision Group, owned by Mr. Abdul Aleem Khan.
Is Park View City Lahore approved by LDA?
Yes, the Jade, Jasmine, and Sapphire Blocks are approved by the Lahore Development Authority (LDA). The remaining blocks are under the jurisdiction of the Ravi Urban Development Authority (RUDA).
What types of properties are available?
The society offers residential plots ranging from 5 Marla to 1 Kanal, commercial plots starting from 4 Marla, and constructed houses.
How many blocks are there in Park View City Lahore?
There are 20 blocks, including Jade, Jasmine, Sapphire, Topaz, Rose, Tulip, Executive, Overseas, Crystal, Diamond, Platinum, Silver, Golf Estate, Cherry, Daisy, Pearl, and others.
Which blocks are available on installment?
Blocks like Overseas, Pearl, Silver, Premium, Crystal Extension, and Paradise are available with flexible installment plans.
What amenities are offered in the society?
Amenities include a gated community with 24/7 security, underground electrification, parks, mosques, commercial areas, schools, healthcare facilities, and wide roads.
Is Sui Gas available in the society?
Sui Gas is currently available in LDA-approved blocks (Jade, Jasmine, and Sapphire). Other blocks are expected to receive this facility after RUDA approvals.
What are the total charges when buying a plot?
The total cost includes the land price, possession charges, taxes, and transfer fees. For example, the transfer fee for a 5 Marla plot is PKR 71,000, and for a 10 Marla plot, it’s PKR 142,000.
What is the booking procedure?
To book a plot, you need to submit a booking form along with copies of your CNIC, passport-sized photographs, and the down payment via cash, pay order, or demand draft in favor of Vision Developers Private Limited.
Are there any blocks with delayed development?
Blocks like Gold (adjusted in Platinum), Golf Estate, Cherry, and Daisy have experienced delays in development and possession.
Is investment in Park View City Lahore safe?
Investing in possession plots is considered safe and has shown significant appreciation over time. However, caution is advised when investing in files or installment plans due to potential delays.
What is the refund policy for canceled files?
To obtain a refund, you must submit an application to the CEO along with the necessary documents. The process may take up to six months, and deductions may apply as per company policy.
How can overseas Pakistanis purchase plots?
Overseas Pakistanis can submit the required documents, including a duly signed membership form, passport-sized photographs, and a copy of their CNIC/NICOP, directly to the Park View City Head Office. They may also nominate a person to receive the allotment letter through a power of attorney.