Home Financing at ParkView City: Making Homeownership Easier
Buying a home is one of the most important financial decisions for families and investors. To make this process easier and more accessible, ParkView City Islamabad has partnered with United Bank Limited (UBL) to introduce convenient home financing options for buyers.
Through this collaboration, individuals who wish to purchase residential property within ParkView City can apply for financing directly through UBL. This initiative allows buyers to acquire homes, apartments, or residential plots and even construct or renovate houses with structured financing plans.
One of the key advantages of this facility is its flexibility. The financing is not limited to ready-built homes; it can also be used for purchasing apartments, constructing new houses, or renovating existing properties. The financing amount is determined based on the value of the property and the applicant’s income profile, while repayment plans can extend from 3 to 20 years, giving buyers manageable long-term payment options.
To ensure responsible lending, a minimum down payment of 25% is required, and the property valuation is conducted by bank-approved valuators. Both salaried professionals and self-employed individuals are eligible for financing, provided they meet the bank’s approval criteria.
The financing facility also accommodates both conventional and Shariah-compliant Islamic banking options, making it suitable for a wide range of customers. Additionally, overseas Pakistanis can apply through their Roshan Digital Accounts, making the program accessible for investors living abroad.
Another major benefit is that overseas applicants may receive preferential profit rates, making property investment in Pakistan more attractive for the global Pakistani community.
Overall, this partnership aims to simplify property ownership by providing structured financial solutions. With flexible repayment plans, inclusive eligibility criteria, and support for overseas investors, the initiative strengthens ParkView City’s vision of creating a modern and accessible residential community.
Note: This offer is valid for all of ParkView City products including ParkView City Islamabad and Lahore.
FAQS FOR PVC & UBL HOME FINANCING
What does the MoU between ParkView City and UBL mean for me as a buyer?
This means that people who want to purchase residential property in ParkView City can avail home financing solutions from UBL.
Is this financing option only for the purchase of complete and ready home, or can it also be used for other purposes such as:
Buying an apartment, constructing a home, renovating a home The home financing option is not just for the purchase of complete and readyhomes, it is also available for buying apartments/residential plots constructing your own home and renovating old homes.
What is the financing Limit?
The financing limit depends on the property value and applicant’s income.
Who will do the property valuation?
Bank’s panel approved valuators will conduct the property valuation.
What is the repayment period for the financing?
The repayment period can last from 3-20 years, depending on the type of plan you choose.
Is there a requirement for down payment?
Yes, a minimum of 25% is taken as a down payment.
