The Nova City NOC Issue | 2021 | Important

by | Apr 23, 2021 | Real Estate Trends

This article hopes to give the reader a holistic view of where the Nova City NOC stands as well as why investors place this no-objection document in such high regard.

Nova City Islamabad is one of Islamabad’s newest real estate ventures. In just a short amount of time, this housing project has turned the heads of every investor not only in the federal capital but nationwide. Consequently, Makeen Marketing has seen an influx of queries— the most prominent one being the Nova City NOC issue.

In short, the housing project hasn’t acquired its NOC as of yet. However, judging from the rapid upward trajectory this project has displayed, many speculate the Nova City NOC is underway. In just a few months, Nova City Islamabad has completed the construction of its main boulevard. This kind of fast-paced development is a good indicator of municipal organizations such as the TMA of Nova’s legitimacy.

The society has already received its PP1 approval— a strong indication that the Nova City NOC is soon to follow. Once the NOC has been approved, Nova City owners and developers will officially launch the housing society, along with its marketing phase.

You might also like: New Lahore Smart City NOC Update | 2021

What is a Nova City NOC and Why is it Important?

The Nova City NOC is an important facet in determining how successful the society is going to be. This is one of the first things any potential investor will make sure of since it adds legitimacy to the housing project. How exactly is this done?

A no-objection document state that the housing society has been approved by related municipal organizations to receive basic amenities. These could be electricity, gas, water, and sanitation. Additionally, the Nova City NOC legitimizes the project by implying that TMA has gone over the file tracking process.

Thus, once you have submitted the down payment to your plot, the TMA will monitor and regulate the file’s status to prevent any corruption. This helps promote a level of transparency throughout the real estate market.

Moreover, before approving a NOC, TMA will be inspecting the payment plan as well as the layout of the project to ensure that the investors don’t end up at a loss.

There is little doubt that Nova City Islamabad will become the next big project in the capital. If you’re looking to book your Nova City 10-marla plot then contact Makeen Marketing. We are an authorized dealer as well as an Elite Sales Partner of the housing project.  Formulating the best real estate solutions for our clients is a top priority!

We deal in many more projects such as Islamabad Model Town, Lahore Smart City, and Blue World City.

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