Sialkot Motorway city NOC Approved or Not | Guide 2022

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Sialkot Motorway city NOC
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Sialkot Motorway City NOC

The Sialkot Motorway City is an upcoming residential project jointly developed by the 5G group of companies and Maz Developers. The No Objection Certificate of this real estate venture has successfully received approval from the Tehsil Municipal Administration in Sialkot. After Palm City, it will be the only project in Sialkot with technological innovations. Furthermore, this luxurious housing scheme is situated at the junction of the Lahore-Sialkot motorway right near Lahore Interchange. Furthermore, it is easily accessible from the Grand Trunk Road adjacent to Sialkot-Lahore Motorway. 

The entire housing project extends to about 20,000 Kanal, separated into three central squares; General, Residential, and Overseas. Furthermore, the sizes of plot size range from 5 Marla, 7 Marla, 10 Marla, 12 Marla, and 1 Kanal. Furthermore, this commercial project also offers its residents world-class facilities and other services such as farmhouses, sports clubs, world-class healthcare, and other famous educational institutions. Apart from that, the owners also plan to provide an uninterrupted electricity supply and other important utilities. Some of the other facilities of this real estate project are its commercial and trading hub, alongside the fantastic transportation framework.

The Importance of NOC Approval

The NOC highlights the legal authority of any actual state project. The NOC approval of this housing project guarantees the legitimacy of this commercial project and enables the developers to extend their facilities to the residents. Since this housing project got approval from LDA, it is now legally and officially a registered housing project. Therefore, the investment in Sialkot Motorway City can be deemed worthy and safe for investment. The acquisition of NOC helps the entire project gain further access to all essential utilities, such as the 24/7 supply of water, electricity, and natural gas.

Also read: Capital Valley Islamabad

Approval by TMA

The TMA Sialkot gave a no-objection certificate to this housing project last February. It is getting huge attention from real estate investors in Sialkot because of its ideal location, state-of-the-art facilities, and reasonable rates of the plots. However, some negative speculations about the legality of this project used to arise before that. Now is the right time for the owners to eradicate such types of misconceptions, as they have already got a trustworthy reputation in the real estate sector of Sialkot. However, the developers did not face any issue getting the approval of the NOC from LDA. Apart from that, the current approval is within the shortest time interval in the history of the TMA Sialkot.

Increase in Demand

The famous real estate projects hold the approval of NOC by TMA. For example, the Sialkot Motorway City gets huge attention from real estate investors and economic experts. Therefore, the housing project is witnessing a huge increase in demand for plots. Furthermore, the hike has increased its rates, making it a hotspot for real estate investment.

Due to the NOC Approval of Sialkot Motorway City, the demand for residential properties is substantially on the rise. Apart from that, the rates of the plots are also increasing because of a limited number of supplies. Therefore, the properties are currently available for booking at discount rates for plots around 5 Marla, 10 Marla, and 1 Kanal.

It is the only real estate project that got its TMA approval within two months. Moreover, this real estate project is legalized in every matter since the land acquired by the project developers is legal. Moreover, the community plan, development, and all the other sectors of this housing project fulfil the real estate law needs of the present time.

After Approval, Investment Prospect

After Defense, Sialkot Motorway City is ranked among the most significant real estate ventures in Sialkot. Furthermore, the housing project is being developed as per the international development standards that would fascinate the residents and real estate investors all over Pakistan. Since the owners have received the TMA approval, those who invested in Sialkot Motorway City plots at pre-launch rates may now experience better profits. The new investors might also invest in the previous files or wait for the news deals with more significant potential.

Conclusion

Sialkot Motorway City NOC approval comes under TMA Sialkot, as it got the approval a few months before. The NOC Approval is important as it characterizes the complete legality of this commercial project. It also guarantees that the residents will not face any legal problems. Therefore, Estate Land Marketing recommends that the real estate investors go for Sialkot Motorway City and invest in it as it is the best investment opportunity in Sialkot. 

Also Read: Why Water Filtration Is So Important Reasons & Benefits Explained.

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