Current NOC and Approval Status
Grand Residencia Housing Scheme has obtained its first NOC (No Objection Certificate) from RUDA (Ravi Urban Development Authority). This certificate confirms that the land is completely free from:
- Legal Accusations
- Disparities
- Hindrances
Additionally, the society falls under RUDA’s jurisdiction. RUDA has also granted Provisional Planning Permission (PPP) to Grand Residencia Housing Scheme to sell an area between 100 kanals and 1 marla. The society’s soft launch has been approved, and it is now undergoing technical scrutiny as part of the PPP status. Once this scrutiny is completed, a clear roadmap will be issued by RUDA. In summary, Grand Residencia Housing Scheme is currently in the process of securing its full NOC (No Objection Certificate) approval.
Relevant Government Authority Involvement
The society falls under the jurisdiction of the Ravi Urban Development Authority (RUDA), a government body responsible for granting Provisional Planning Permission (PPP), technical approvals, and eventually the final No Objection Certificate (NOC) to housing societies. Grand Residencia Housing Scheme has received PPP approval and is currently undergoing technical scrutiny.
How to Verify NOC Status for Grand Residencia
To verify the NOC (No Objection Certificate) status of the Grand Residencia Housing Scheme, you can visit the Ravi Urban Development Authority (RUDA) website. For your convenience, we have attached a screenshot of the NOC status. Additionally, you can click on the following link to go directly to the RUDA website: HOUSING SCHEMES PROVISIONAL PLANNING PERMISSION (PPP) | Ravi Urban Development Authority
Understanding the Importance of NOC and Approval Status
What is an NOC (No Objection Certificate)?
An NOC (No Objection Certificate) is the final document granted to a project or housing society that confirms it is free from:
- Legal disputes
- Legal claims
- Encumbrances
Projects without these issues are awarded the final NOC, allowing full project completion. Grand Residencia Housing Scheme has obtained its first Non-Encumbrance Certificate, indicating the land for this project is legally approved.
Why is Approval Status Important for Buyers?
An NOC boosts a project’s credibility and builds client confidence. It provides a secure investment environment, increasing demand for the project. For example, Grand Residencia Housing Scheme has applied for an NOC with RUDA to establish itself as a fully legalized housing society. Initially, RUDA has granted the society a Non-Encumbrance Certificate, and it is currently under technical scrutiny. Once approved, the project will follow a clear roadmap issued by RUDA.
Grand Residencia is under RUDA’s jurisdiction and offers a user-friendly pre-launch policy. For instance, clients who discontinue their booking after paying installments for a year can return their plot to the management with a 3.5% profit. After two years, they receive 5.5%, and after three years, they receive 10%. This approach is unique, as other housing schemes typically deduct 20% to 30% as service charges.
How to Stay Updated on Grand Residencia’s Approval Status
To check the final approval status of the Grand Residencia Housing Scheme, visit the Ravi Urban Development Authority (RUDA) website. Follow these steps:
- On the RUDA homepage, navigate to the “Private Housing Scheme” section.
- Under this section, you’ll find a page listing housing schemes that have received Provisional Planning Permission (PPP).
- Next, visit the list of all housing schemes that has achieved PPP and you’ll find Grand Residencia Hosing Scheme there.
Note that, once a society has passed both PPP and Technical Approval stages, it is on track to receive final approval to complete the project.
Conclusion
Key Points on NOC and Approval
- Grand Residencia Housing Scheme has obtained its first NOC – the Non-Encumbrance Certificate (NEC).
- The scheme has been granted Provisional Planning Permission (PPP) by the Ravi Urban Development Authority (RUDA).
- Grand Residencia Housing Scheme is currently undergoing technical scrutiny.
Final Thoughts
Grand Residencia Housing Scheme has reached the second stage of the NOC approval process, with RUDA issuing the initial Non-Encumbrance Certificate. This ensures that the project is safe and secure, promising a high return on investment.
With ongoing development, now is an ideal time to invest in plots on installments at Grand Residencia Housing Scheme. LBD Marketing strongly recommends investing in NOC-approved projects to secure your investment in a prime location in Lahore.
Waseem Ali works as a Web content writer at LBD Marketing. Having 2 years of experience in writing for the Pakistani real estate market, he is proficient in writing and editing skills that drive organic traffic. Mr. Ali has a master’s degree in Mass Communication. During his leisure time, he reads, plays cricket, football and wooden soccer, and does window shopping.
