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Elite Town Ferozpur Road Lahore Phase 1 and 2 Review

By Umar Farooq — Published on 01/08/2015
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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.

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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.

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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 Payment5 Marla10 Marla20 Marla (1 Kanal)
Booking and Allotment4,25,0008,50,00017,00,000
48 monthly Installments2,40,000(5000 x 48)4,80,000(10,000 x 48)9,60,000(20,000 x 48)
8 Half Yearly Installments1,60,000(20,000 x 8)3,20,000(40,000 x 16)6,40,000(80,000 x 8)
Final Installment25,00050,000100,000
Total8,50,00017,00,00034,00,000

Elite Town Residential (Phase II) Payment Schedule

Mode of Payment5 Marla10 Marla20 Marla (1 Kanal)
Booking30,00060,000120,000
Allocation50,000100,000200,000
Confirmation50,000100,000200,000
48 Monthly Installments2,40,000(5000 x 48)4,80,000(10,000 x 48)9,60,000(20,000 x 48)
8 Half Yearly Installments400,000(50,000 x 8)800,000(100,000 x 8)16,00,000(200,000 x 8)
On Possession30,00060,000120,000
Total8,50,00017,00,00034,00,000

Elite Town Lahore Application Form

About Author

Written by
Umar Farooq wins the best content writer award from the local newspaper because of his exceptional writing abilities and depth of information about the Pakistani drama business and updates. His writing abilities are outstanding and can hold readers' attention for a very long period. His writing abilities have covered a significant portion of the news and developments in Lollywood.

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