Nova City Signed MOU to Provide Plots To ICCI Members
Nova City, a renowned housing society located in Islamabad, has recently entered into a Memorandum of Understanding (MoU) with the Islamabad Chamber of Commerce and Industry (ICCI) to offer favorable concessions on plots to ICCI members. This significant agreement aims to stimulate investment opportunities and enhance economic growth within the region.
The ICCI serves as a prominent business organization in Islamabad, representing the interests of local businesses and industries. Through this collaboration, Nova City seeks to provide ICCI members with appealing investment prospects in the real estate sector. As per the terms of the MoU, ICCI members will be eligible for discounted rates and other advantageous conditions when purchasing plots within Nova City.
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The MoU signing ceremony took place at the ICCI office in G-8 Islamabad, with Chaudhry Junaid Afzaal, Chairman of Nova Group, and Ahsan Zafar Bakhtawari, President of ICCI, formally sealing the agreement. According to the MoU, ICCI members will benefit from special discounted prices, convenient installment plans, and the allocation of plot possession in 40% installments.
The concessions on plots extended to ICCI members will serve as a catalyst for encouraging investments and creating new business opportunities. Furthermore, this MoU will foster stronger ties between the business community and the real estate sector, promoting greater cooperation and collaboration between the two entities.
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The MoU represents a win-win situation for both Nova City and ICCI members. Nova City stands to benefit from increased investments and heightened demand for its plots, while ICCI members gain access to attractive investment prospects at discounted rates. It is expected that this MoU will set a precedent for other real estate companies in Pakistan to follow suit, forging partnerships with business organizations to drive investment and growth in the region.
Overall, the signed MoU between Nova City and the ICCI signifies a positive stride towards promoting investment opportunities and fostering economic growth. By offering concessions on plots to ICCI members, Nova City demonstrates its commitment to the business community and the real estate sector. This partnership holds great potential for mutual benefits and paves the way for enhanced cooperation and collaboration in the future.
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