Fri. Apr 19th, 2024
house financing in pakistan

Taj Residencia 

Are you wondering about the location, master plan, NOC, and payment plan of Taj Residencia? Then, you have reached the right place. Let us go through the main elements of the housing society that will enlighten you about it.  

Location 

Taj Residencia is conveniently close to the Federal Capital. It is located near the CDA Sectors I-14, I-15, and I-16. 

The New Islamabad International Airport is not too far from the housing society.  Read more about kingdom valley.

Currently, the link roads of I-14 and I-15 are the main entrances to this residential project. The Rawalpindi Ring Road, on the other hand, will soon function as an entry point via the Islamabad Motorway.

Accessibility 

The following are a few points of accessibility to Taj Residencia:

  • The housing society is situated on Bhata Road. 
  • Chakra Road is only around a 5-minute drive away.
  • GT Road is about a 25-minute drive away.
  • Srinagar Highway is about a 29-minute drive away.
  • The M2 Motorway is only around a 25-minute drive away.
  • Islamabad International Airport is around a 35-minute drive away.

Nearby Places of Interest and Locations

The following places and locations surround the lodging society:

  • Rawalpindi
  • Islamabad
  • Colony of Afshan
  • Misrial 
  • Allama Iqbal Colony

Master Plan 

The purpose of Taj Residencia’s master plan is to provide a clear picture to anyone interested in the project. Indeed, the clients and investors can take a look at it and know the shape of the lodging society. Since architectural master planning is the initial step in the design phase, the venture designers paid great attention to detail.  Read more about blue world city Islamabad.

The lodging society’s architectural master plan’s fundamental goal is to limit the project’s style and aesthetic. It includes the creation of a framework for the entire community, as well as the definition of every minute detail.

Furthermore, the architects have collaborated with a brilliant team to define the project’s design scope. The team has considered all aspects of the project, including the budget, structural needs, shapes, views, and other design choices.

The developers have ensured that well-known interior designers are on board for the creation of four of the eleven blocks named: A, B, C, and D. In addition, Taj Residencia aims to raise the bar high for future projects and investors. They are to do this by completing their development process as quickly as possible with modern technology and excellent artistry. 

NOC Document 

A No Objection Certificate is a declaration that a person or a business has been permitted to proceed with the building of a property. Applicants must get a NOC from the proper government authorities before proceeding with construction. Besides, the NOC is a legally binding document that one must obtain if the property in question must be free of legal complications. 

Even though Taj Residencia is located relatively close to Islamabad, the Rawalpindi Development Authority (RDA) has approved the housing scheme. The same is valid with other housing societies falling close to the capital city, namely Rudn Enclave. It also received authorization from RDA.

RDA has approved a total of 10,000 Kanal of land to Taj Residencia and allowed the instalment plans. 

Payment Plan 

Now we shall delve into the most primary element of them all, the payment plans. If you are searching for luxurious residential accommodation, the Taj Residencia is the right place. 

The Taj Residencia instalment plan offers a 20% down payment option for plot sizes of 10 Marla, 14 Marla, 1 Kanal, and also 2 Kanal. If you pay the entire instalment in one payment, you will receive a 6% discount.

In addition, a 10% discount will be applied if you purchase a category plot such as Corner plots, Main Boulevard, or Park Facing. 

The housing scheme is providing two kinds of payment plans,

  • 1.5 Year Payment Plan
  • 2.5 Year Payment Plan 

Let us discuss the two of them in detail. 

1.5 Year Payment Plan 

A 20% down payment is required for commercial and residential plots, with the remainder paid in six quarterly instalments. 

Residential Plots

The residential plots and their prices as per the payment plan are as follows,

5 Marla 

  • The 5 Marla property has a price of PKR 6,500,000. 
  • This price consists of a down payment of PKR 1,950,000. 
  • Thirdly, you can pay the total amount through 6 quarterly instalments at the price of PKR 758,333. 

8 Marla

  • An 8 Marla plot shall cost you PKR 7,500,000. 
  • Its cost contains a down payment of PKR 2,250,000. 
  • Then, you can avail the six quarterly instalments at the price of PKR 875,000. 

10 Marla 

  • A property of this site is accessible for PKR 9,500,000. 
  • There is a down payment of PKR 2,850,000 included in the above cost.
  • Moreover, there are six quarterly instalments of PKR 1,108,333. 

14 Marla 

  • The 14 Marla plot has a total cost of PKR 12,000,000. 
  • You must pay a down payment of PKR 3,600,000. 
  • Finally, you can pay through 6 quarterly instalments of PKR 1,400,000. 

1 Kanal 

  • You can buy 1 Kanal land at the price of PKR 15,000,000. 
  • The price contains a down payment of PKR 4,500,000.
  • Next, you can pay the entire sum in the form of 6 quarterly instalments of PKR 1,750,000. 

2 Kanal 

  • The total cost for a 2 Kanal property is PKR 25,000,000. 
  • This cost also includes the down payment of PKR 7,500,000.
  • In addition, you can make the payment through 6 quarterly instalments of PKR 2,916,667. 

Commercial Plots 

The commercial plot according to the payment plan is as follows,

30*40 Plot 

  • This plot is available at the price of PKR 30,665,900.
  • There is a down payment of PKR 9,199,700 added to this cost. 
  • Thirdly, you can pay the amount through 6 quarterly instalments at the price of PKR 3,577,688.

2.5 Year Payment Plan 

The Taj Residencia booking process begins with a 20% down payment and a total of ten quarterly instalments for the remaining balance. Corner, boulevard, and park-facing plots are subject to a 10% surcharge. In addition, there is a 15% surcharge above 100 feet on the central boulevard.  Read more about blue world city payment plan.

Residential Plots 

The residential plots provided by the housing society are the following, 

5 Marla

  • A 5 Marla plot shall cost you a total of PKR 6,000,000. 
  • The cost includes a down payment of PKR 600,000. 
  • You are required to pay a confirmation amount of PKR 600,000 after 30 days of booking. 
  • Furthermore, you can pay the total sum in the form of 10 quarterly instalments at the cost of PKR 480,000. 

8 Marla 

  • A property of this size is available for PKR 7,500,000.
  • You are requested to pay a down payment of PKR 750,000.
  • There is a confirmation amount of PKR 750,000 payable after 30 days of booking. 
  • In addition, you can choose to pay the entire cost through 10 quarterly instalments of PKR 600,000. 

10 Marla 

  • The 10 Marla property comes at the cost of PKR 9,500,000. 
  • This cost includes a down payment of PKR 950,000. 
  • After 30 days of booking, you must pay a confirmation sum of PKR 950,000. 
  • Finally, you can pay the total amount with the help of 10 quarterly instalments of PKR 760,000. 

14 Marla 

  • A property of 14 Marla has a total cost of PKR 12,000,000. 
  • Its price contains a down payment of PKR 1, 2000,000. 
  • You must pay a confirmation sum of PKR 1, 2000,000 after 30 days of booking. 
  • Lastly, you must pay the total cost through 10 quarterly instalments of PKR 960,000. 

1 Kanal 

  • The plot of this size costs PKR 15,000,000. 
  • There is a down payment of PKR 1, 500,000 included in the cost. 
  • The confirmation amount of PKR 1, 500,000 is payable after 30 days of booking the plot. 
  • Additionally, the 10 quarterly instalments of PKR 1,200,000 are accessible for you. 

2 Kanal 

  • A 2 Kanal property is available for PKR 25,000,000. 
  • Secondly, you need to pay the down payment of PKR 2,500,000. 
  • A confirmation amount of PKR 2,500,000 is conveniently payable after 30 days of booking. 
  • You can make the complete payment in the form of 10 quarterly instalments of PKR 2,000,000. 

Commercial Plots 

The commercial plot provided by Taj Residencia is the following,

30*40 Plot 

  • This property costs PKR 30,665,900.
  • Secondly, you are required to pay a down payment of PKR 3,066,990.
  • Lastly, you can pay the amount through the 10 quarterly instalments of PKR 2,453,272. 

3.5 Marla Payment Plan 

The payment plan for a 3.5 Marla Residential Plot is of 4 years. In addition, it contains 16 quarterly instalments of PKR 127,500 and a 395k down payment.  

Conclusion 

This is all you needed to know about the Taj Residencia location, master plan, NOC, and payment plan. Summing up, I have to say that the lodging society is famous due to the trusted Sardar Group of Companies. 

GreyBricks Marketing suggest that you prioritize this project. The lodging society is on the priority list of every investor, so it needs to be on yours too. 

Author Bio

Muhammad Junaid is a senior Analyst and Search Engine Expert. Extensive experience being a lead writer in GreyBricks Marketing | Kingdom Valley. Work for years with local and international enterprises. Also, represent well-known brands in the UAE.

By Manali

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