Naya Nazimabad Apartments presents 3,000 apartments on mortgaged plan

Karachi: After the successful launch of Naya Nazimabad, developers are launching Naya Nazimabad Apartments which will be a project of 3000 apartments with a flexible mortgage plan of 20 years, in metropolitan Karachi, news sources reported.

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According to the sources, the developers of Naya Nazimabad Javedan Corporation are in charge of developing the project. They are working in collaboration with some prominent banks and Real Estate Investment Trusts (REITs). The REITs include Habib Equity and Arif Habib Corpand. They own which owns 26.6 % and 7.45 % of Javedan Corporation respectively.

Naya Nazimabad Apartments Karachi is an innovative residential venture that features luxurious and well-furnished apartments. With the ideal location of Naya Nazimabad GADAP Town, Karachi the area connects to all the major points of the city.

Also, it offers you a pleasing living experience with the provision of modern-day amenities. The apartments have modern amenities with spacious rooms accompanying modern-day kitchens and fully furnished bathrooms, lounges, and much more. The project not only offers an amazing lifestyle but a splendid investment opportunity.

The apartments are available in two sizes including 1,750 Square feet (3 Bed DD) as well as 1,250 Square feet (2 Bed DD).

In addition, the installment plan involves paying a down payment worth 20% of the apartment value. You can pay the rest of the amount to the bank in easy monthly installments extending over the period of 20 years. This is how the Mortgage Refinance Company is going to provide cash to the banks for the mortgage. Developers (Javedan Corporation) have a good reputation in the real estate market.  They have sold a total of 6500 residential and commercial plots in Phase 1 of the Naya Nazimabad Scheme.

Furthermore, the project Naya Nazimabad Apartments has been approved by the Sindh Building Control Authority.

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