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09 June, 2018

Tech Town Colony Faisalabad

Property News

TNT Colony, or Tech Town Colony, Faisalabad is an emerging & top housing society on Satiana Road, Faisalabad. TNT Colony is one of the best ever housing projects in Faisalabad. Satiana Road is the busiest road in Faisalabad, various housing societies and allowing for great accessibility to all residents of these. TNT consists of 6 phases.  Phases 1-3 have been established under the same boundary, whereas Phase 4 is farther off and Phase 5 is even farther away. Both Phases 4 and 5 have been constructed under separate boundaries on much smaller land as compared to Phases 1-3.

Development status

Tech Town Colony consists of six phases, five of them have been well established, whereby plots are available for sale/purchase. First Three phases are fully developed, with carpeted main roads, lavish parks, commercial areas, sewerage system, electricity and gas. Possession is available in all phases, but because of extensive development in the first three phases, more houses are being constructed there, and a lot of families have already settled down and enjoying a healthy living.

With building and construction being carried out at a fast pace, it comes as no surprise that the first three phases have reached saturation levels. Most of the plots available for sale are those which are being sold, and the prices of these plots have hiked.

Prices and Market Situation

The prices here can be as high as PKR 600,000 to PKR 800,000 per Marla. The prices for these plots greatly fluctuate depending on where the plot is actually located. This means that if you’re looking to invest here or if you would want to build a house with the greatest value for the plot, ensure that you look at your plot’s location to determine optimal value.

The prices haven’t increased in the last year, but neither have they gone down. This means that the market for TNT Colony remains active, primarily by genuine buyers. This can be attributed to the fast-paced development and the overall layout of the project. Top location and luxurious facilities are some peripheral factors contributing to a great success story of TNT Colony.

TNT Colony Faisalabad Investment prospects

Prices in the area are stable or consistent and a lot of people are showing interest to build their houses here. But it is expected the prices will pick up pace soon enough.

Extensions of Phases 1-3 offer good avenues for investment. It has seen that B block extension, VIP block extension, E, F, and J Blocks as offering good properties for investment. It has been noticed that prices in these are much lower and with the present pace of development, would be able to offer good value for money in about 2-3 years. Phase 4 will offer the same prospects in a couple of months. Presently, the prices in Phase 4 are at PKR 350,000 per Marla, which is good for investment purposes. In Phases 1-3, it is estimated the  prices to be between PKR 500,000 to PKR 575,000.

 

TNT Colony is proposing stable market prices and a good yield in about 3-4 years. If you’re looking for stable long-term investment in Faisalabad, TNT Colony is the perfect place to invest.

We will bring more updates & news for our valuable clients lets us know at “Apex Group” if you want more assistance or professional guidance.  Apex Group indeed “Convert Dreams into Reality”.

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