Etihad Town Phase 1 has become one of Lahore’s popular residential destinations for buyers and investors looking for a well-planned society with modern amenities. If you’re considering a residential plot here, understanding the payment structure is the first step toward making an informed decision. Below is a detailed breakdown of the current 2-year payment plan for both 5 Marla and 10 Marla residential plots.
5 Marla Residential Plot
| Payment Component | Amount (PKR) |
|---|---|
| Plot Price | 12,000,000 |
| Down Payment (20%) | 2,400,000 |
| Monthly Installments (19 x) | 225,000 per month |
| Balloon Payments (3 x) | 960,000 each |
| Possession Amount | 2,445,000 |
For a 5 Marla plot, buyers start with a down payment of PKR 2,400,000, followed by 19 monthly installments of PKR 225,000 each. Alongside the monthly payments, three balloon payments of PKR 960,000 are due at set intervals, and the plan concludes with a possession payment of PKR 2,445,000.
10 Marla Residential Plot
| Payment Component | Amount (PKR) |
|---|---|
| Plot Price | 22,000,000 |
| Down Payment (20%) | 4,400,000 |
| Monthly Installments (19 x) | 412,000 per month |
| Balloon Payments (3 x) | 1,760,000 each |
| Possession Amount | 4,492,000 |
The 10 Marla plot follows the same 2-year structure at a higher price point. Buyers pay a 20% down payment of PKR 4,400,000, then 19 monthly installments of PKR 412,000, three balloon payments of PKR 1,760,000 each, and a final possession amount of PKR 4,492,000.
How the Payment Plan Works
Both plot categories follow a straightforward 2-year (24-month) payment structure built around four components:
- Down Payment — 20% of the total plot price, paid upfront to book the plot.
- Monthly Installments — Spread across 19 months, forming the bulk of the payment plan.
- Balloon Payments — Three larger lump-sum payments made at specific milestones during the plan, in addition to the monthly installments.
- Possession Amount — The final payment due at the time of plot possession, which is typically slightly higher than a regular installment to account for handover-related charges.
Terms & Conditions
Buyers should keep the following terms in mind before booking a plot in Etihad Town Phase 1:
- The plot price includes both land cost and development charges.
- Prices are subject to change without prior notice, so it’s advisable to confirm current rates with the sales office before booking.
- The first monthly installment becomes due 30 days after the down payment is submitted.
- Corner plots carry a 10% premium over the listed price.
- Park-facing plots carry a 10% premium over the listed price.
- Plots that are both corner and park-facing carry a combined 15% premium (rather than a straightforward addition of both charges).
Things to Consider Before Booking
- Budget for premiums: If you have your eye on a corner or park-facing plot, factor the additional 10–15% into your total budget from the start.
- Plan your cash flow: The balloon payments are significantly larger than the monthly installments, so it’s worth mapping out exactly when these fall due and ensuring funds are available in advance.
- Confirm current pricing: Since prices can change without notice, get written confirmation of the applicable rate at the time of booking.
- Factor in the possession amount: This is higher than a standard installment, so plan for it as a distinct, larger payment near the end of the plan rather than assuming it matches the monthly rate.
Final Thoughts
Etihad Town Phase 1‘s 2-year payment plan offers a manageable path to plot ownership through a mix of a modest down payment, steady monthly installments, and periodic balloon payments. Whether you’re buying a 5 Marla plot for a first home or a 10 Marla plot for a larger family residence or investment, reviewing the full payment schedule and terms upfront will help you plan your finances with confidence. As always, verify the latest rates and any location-based premiums directly with the developer or an authorized dealer before finalizing your booking.
