Besides attracting diplomats and tourists, Islamabad is also the main attraction for buyers and investors looking for 5 marla houses from PKR 90 lakh to PKR 1.1 crore (PKR 9 million to PKR 11 million). If you, too, are on the hunt to find a lucrative investment opportunity or a dreamy new abode, then keep reading to find out more about the top ten areas with 5 marla houses for sale in Islamabad.
Top Areas with 5 Marla Houses for Sale in Islamabad Between PKR 9 Lakh and PKR 1.1 Crore
If you’re looking for 5 marla houses for sale in Islamabad between the price range of PKR 9 million to PKR 11 million, then this blog post will give you an overview of the top ten areas in the capital. The areas, projects, and localities discussed below were extracted from the millions of searches entered on Zameen.com over the first six months of 2019.
As the table given above clearly highlights, B-17, Soan Garden, and Pakistan Town are the three most popular areas to buy 5 marla houses in Islamabad at an average price of PKR 90 lakh to PKR 1.1 crore. However, potential buyers also entered searches for their dream house in residential schemes such as National Police Foundation O-9, F-11, I-13, and National Police Foundation, while Meherban Colony, PWD Housing Scheme, and Garden Town also gained traction online over the same period.
We’ll be discussing the top three areas, what they have to offer, the amenities present, and what you can expect from buying a property or investing here.
B-17 Islamabad
B-17 Islamabad, also known as Multi Gardens, is divided into two phases: Multi Garden Phase 1 and Phase 2. By analysing its geographic location, two things instantly become evident:
- B-17 is an access point to several other parts of Pakistan such as KPK, Gilgit Baltistan, Hasanabadal, Wah Cantt, and Taxila.
- It is also a gateway for Central Asian Countries and China.
The property value and prices in this part of Islamabad are on the higher side, keeping its crucial position in mind. However, the same strategic location also acts as a magnet, attracting more interest from investors and buyers. Moreover, bearing in mind the fact that B-17 is approved by the Capital Development Authority (CDA) and planned efficiently by Multi-Purpose Cooperative Housing Society (MPCHS), there are plenty of lucrative options available here.
Making it to the top on our list of the most popular areas for buying houses in Islamabad, B-17 is undoubtedly developing at a remarkable pace with modern infrastructure and ready-to-move-in houses. The project is already home to a noteworthy population. To facilitate buyers and residents, developers have built carpeted roads, fully operational markets, and almost all amenities are present within walking distances.
Besides being a gated community with a competent surveillance system and vigilant security staff, B-17 is an ideal location to settle down with your family because schools, hospitals, mosques, and a couple of recreational facilities are readily available within a comfortable commute.
Keeping in mind all the stimuli above, buying a 5 marla house in B-17 requires an average investment of PKR 10.1 million.
Soan Garden Islamabad
Positioned parallel to Faisal Avenue, Soan Garden, Islamabad neighbours many upscale societies of Islamabad, such as Media Town, PWD Housing Society, River Gardens, and Pakistan Town.
The housing scheme is especially liked for its serene and green atmosphere, contemporary groundwork, and accessibility to high-end amenities. Considering its prime location near Islamabad Expressway and beautiful views of Soan River/Sawan River near its southeast side, the average prices of 5 marla house in Soan Gardens remained in the range of PKR 10 million in August 2019.
It is a residential project settled in Zone V of the capital city near Mouza Lohi Bher and approved by the Capital Development Authority. There are a total of 2,401 residential plots in the project divided into Block A to Block H. Almost all the blocks have been utilised by residential schemes and housing complexes with families residing in them.
Dotted with basic amenities such as schools, banks, hospitals, commercial markets, and mosques, Soan Gardens is a complete package for anyone looking to buy a 5 marla house in Islamabad that meets all their requirements.
Pakistan Town Islamabad
A neighbour of high-end societies such as Soan Gardens, and adjacent to PWD Housing Society, Pakistan Town is developing at a rapid speed. Residents will not have to worry about their access to necessities, namely water, gas, and electricity. Besides that, there are properly developed systems for sewerage, drainage, and waste management available in the town.
Being a homogenous society, residents of this town will be free from the hassles of locating amenities like schools, hospitals, commercial markets, and places of worship since all such facilities are readily available at walkable distances.
Owing to the project’s substantial demand, most houses in the town are built considering the modern lifestyle and boast electricity and gas connections. Buying a 5 marla house in Pakistan Town verges at an average of PKR 10.3 million (PKR 1.03 crores), as per the data recorded on Zameen.com in August 2019.
Besides these top three areas that caught your attention over the past six months, you can also browse through houses available for sale in Islamabad on Zameen.com.
You can also consider 5 marla houses for sale in National Police Foundation O-9 boasting multiple storeys and modern designs. These houses are available at an average price of PKR 99 lakh. Coming next, the average prices of 5 marla units in F-11 are considerably lower, averaging at around PKR 97 lakh.
Once again, you can also consider I-13, National Police Foundation, Meherban Colony, PWD Housing Scheme, and Garden Town to find a reasonable property for sale in Islamabad.
To restructure your research, you can also stop by our H1 2019 Market Report for the Twin Cities. The report will help you stay updated on which areas gained popularity during the first half of 2019 in Islamabad and Rawalpindi. If you wish to explore further, you can also go through our recently published blog discussing the top areas for buying 5 marla plots in Islamabad under 60 lakh. More such reports are in the pipeline and will be published shortly, so keep following Zameen Blogs and hit us up at blog@zameen.com if you have any suggestions or queries.