The most important part of property buying and selling is the transfer of payment. Many people are confused about this payment plan and do not know how it is done, so I will explain the complete process of how payments are made and what steps need to be followed.
Properties are bought and sold daily in New City Phase 2. Many people come to us who are buying property for the first time in their lives, so they do not know how this process works.
We are here to guide you so that you do not suffer any loss. Moreover, clients want complete information that they can read. That is why this blog is being written, so that before visiting us, clients can gain some knowledge related to property from our website. This helps them have a basic understanding before visiting our office.
In 2026, New City Phase 2 allows the buying and selling of three types of properties, including plots, constructed houses, and commercial areas. These three property types also have three different payment plans. We will discuss both of these in detail in the upcoming sections.
Available Choices in New City Phase 2 for Buying & Selling
Before going into the payment section, let us first explain what types of properties are available for buying and selling in New City Phase 2 and how we deal with them.
Here, you can find plots and houses ranging from 5 Marla to 1 Kanal at affordable prices. In addition, we also have investment plans for overseas Pakistanis. You can contact us on WhatsApp to get more information.
Let’s see what we have available for our clients.
- Residential Plot & Shops
- Commercial Plot
- Fully Constructed House
Apart from these, New City also deals with farmhouses, which will be built in a separate block at the end. Whether you want to rent a house or a shop, you can find it here. If you want to buy or sell your own property, we can also help you with that.
Best Payment Methods in New City For Property Buying
Now let’s move to the main topic, which is the foundation of this entire discussion: payment plans.
As we know, for many people this is their first experience of buying property, so they do not even have an idea of how to plan the payment.
We are available 24/7 at our office as well as online to assist those people. Those who cannot visit physically can contact us through WhatsApp, while those who can visit are welcome to come to our office in New City Phase 2.
Now let’s look at the payment methods that are legal and commonly used in Pakistan for property buying and selling.
Complete Payment
The first method is complete payment. The buyer pays the full amount at the time of registration.
In simple words, on the day you transfer the ownership of a plot, house, commercial shop, or plaza, you have to pay the entire amount on the spot.
You can also pay half of the payment and complete the remaining amount after two or three months. However, both the buyer and the seller must agree to this arrangement; otherwise, this extra time of two or three months is not given.
Monthly Installments
At the time of buying, you have to make a down payment and then pay monthly installments.
For example, if a house costs 10 million, you pay a down payment of 5 million and then pay 50,000 every month to the person from whom you bought the property.
After completing this process, ownership is transferred to you. In some cases, people transfer the property before all the payments are completed.
Quarterly Payment
In this payment process, you have to make payments every three or four months according to the agreed terms and within the agreed time between you and the seller.
This payment process is not very popular, but New City allows it.
These are the three overall methods through which property is bought and sold in Pakistan. Moreover, in some cases, you can exchange your existing house by paying some additional amount to buy a new one. An exchange deal is possible when both the buyer and the seller agree.
How to Book a Plot or House in New City Phase 2?
To buy a shop, house, or plot in New City, you need to contact us. You can reach us online or visit our office.
Let me give you a rough idea of how a property is booked. Let’s look at it step by step.
- First, visit our website and check the plots, houses, shops, or farmhouses that you like.
- Second, plan your budget and decide which size of house or plot suits you.
- For your convenience, apply filters according to your preferred block, budget, and the size of the plot or house.
- Once you find a property you like, share its details with us, and we will inform you about its availability.
- After reviewing the residential facilities and feeling satisfied, you should obtain a fresh Fard-e-Bay.
- After that, the deal will be finalized, including when the registration will take place and how the payment will be transferred.
- One of the three payment methods will be selected, and the transaction will be completed through a pay order or hard cash.
Contact Us for the Latest New City Phase 2 Payment Plan
We have already explained all the types of properties available in New City Phase 2, including shops, plazas, plots, houses, and farmhouses. In addition, we have also shared the payment methods with you in detail.
Now, it depends on you when you want to buy or sell a property. We are available in New City Phase 2 from 9:00 AM to 11:30 PM, and on Friday from 2:00 PM. Those who cannot visit us, such as people from other cities or those living outside the country, can contact us online. Our team is available 24/7 to assist you.
For more queries, you can contact us at 0329 1034335.
Bottom Lines
We have explained in detail how property payments are made when buying property in New City Phase 2. In addition, you have also learned whether you should pay the seller in hard cash or through a pay order.
Now, whenever you buy a property, you should know that there are three payment methods through which payments can be transferred, and all of them are legal.
So, what are you waiting for? Visit us today and book your property in the Executive Block. You may also want to read: Is New City Phase 2 Wah a Safe and Secure Place to Live?