With the growing population in the capital city of Punjab, prices of lands and houses are on a hike. To solve the problem, different housing schemes are emerging. Elite Town Ferozpur Road is one of such plotting schemes that intend to provide affordable plots to people who wish to build their own house.
Ferozpur Road is one of the widest roads in Lahore and Elite Town situated on this road offers 5 marla, 10 marla and 20 marla (1 kanal) plots and it is situated only on 10 minutes’ drive from Kalma Chowk. Due to new Ferozpur rapid bus transit facility, the location of this residential plot scheme is ideal as well as the price. It is a well-planned housing society having all the modern day facilities like electricity, water and gas. The community is safeguarded with the help of entry gates and CCTV monitoring due to which security should not be a problem.
Elite Town Lahore Master Plan and Location Map
Commercial areas, parks, schools, community centers, pharmacies, mosques and hospitals are all part of the plan. Booking starts from as low as 30,000 Rupees while monthly installment can be as low as 5000 Rupees. Plot transfer in your name can be done in 30 months while the payment through installments will be in 50 months.
The town planners are also introducing 3 marla residential apartments soon. With all the above mentioned features, Elite Town Lahore sounds like a dream town.
Elite Town Residential (Phase I) Payment Schedule
Mode of Payment | 5 Marla | 10 Marla | 20 Marla (1 Kanal) |
Booking and Allotment | 4,25,000 | 8,50,000 | 17,00,000 |
48 monthly Installments | 2,40,000(5000 x 48) | 4,80,000(10,000 x 48) | 9,60,000(20,000 x 48) |
8 Half Yearly Installments | 1,60,000(20,000 x 8) | 3,20,000(40,000 x 16) | 6,40,000(80,000 x 8) |
Final Installment | 25,000 | 50,000 | 100,000 |
Total | 8,50,000 | 17,00,000 | 34,00,000 |
Elite Town Residential (Phase II) Payment Schedule
Mode of Payment | 5 Marla | 10 Marla | 20 Marla (1 Kanal) |
Booking | 30,000 | 60,000 | 120,000 |
Allocation | 50,000 | 100,000 | 200,000 |
Confirmation | 50,000 | 100,000 | 200,000 |
48 Monthly Installments | 2,40,000(5000 x 48) | 4,80,000(10,000 x 48) | 9,60,000(20,000 x 48) |
8 Half Yearly Installments | 400,000(50,000 x 8) | 800,000(100,000 x 8) | 16,00,000(200,000 x 8) |
On Possession | 30,000 | 60,000 | 120,000 |
Total | 8,50,000 | 17,00,000 | 34,00,000 |