Housing societies to focus on in Islamabad

The city is loved by many. In fact, some of us long to move to the city planned and developed in the foothills of the Margalla Hills. While covering details on Prime Minister Imran Khan’s initiative on affordable housing societies through Naya Pakistan Housing Programme, similar feedback was received where residents of other cities wanted to know if they were eligible to apply for a home in Islamabad.

This blog is meant for those of you who wish to either move there eventually or plan to invest in one of the most promising housing societies of the capital. The list is partially based on Zameen Search Trends and mostly on the investment prospects held by the societies due to planned infrastructural developments. The price factor was also considered.

Gulberg Residencia

The society is located on Islamabad Expressway and it shares the neighbourhood with some of the city’s most important developments. It features residential plots in various sizes, allowing a whole range of buyers to claim their share in this promising project. The society is currently being developed with work being carried out at various sites in bits and parts. The pace of infrastructural development is expected to increase in the coming months, as that in its sister project Gulberg Greens has been completed.

You must check out our latest update on Gulberg Residencia to read the complete details on rates, development status, and future potential.

Bahria Town Phase VIII

It is the cheapest phase of Bahria Town in Rawalpindi and Islamabad, but it holds great future potential as the planned Rawalpindi Ring Road will pass through it. In terms of market price and expected return on investment in the due term, some believe that Phase VIII Extension holds a comparatively better position. That’s perhaps because in the absence of any development work, rates here are even lower.

According to Zameen Index for plots for sale in Bahria Town, property rates in Phase VIII have gone up by 12.4% during the last one year, where price appreciation is even higher for 5-marla plots at 14.66%, while the 10-marla plots fall shortly behind at an annual growth of 11.68%.

For complete details and the latest update on Bahria Town Phase VIII, stay tuned to Zameen Blog.

Park View City

It is among the prominent housing societies of Islamabad’s Zone IV, and also the number one choice for the end users and investors looking to play safe under the current circumstances. Buyers have an inclination towards this project for a number of reasons including the fact that the developer has carried out high-standard development work at a fast pace. Furthermore, it also has related approvals from all concerned authorities.

You must check out complete details on Park View City including the payment plan rolled out for their latest booking, development status, and upcoming attractions.

Capital Smart City

The cheapest and the most potentially rewarding development is located on Lahore-Islamabad Motorway M-2 near Thalian Interchange. The exciting details about the projects and some fascinating related developments have made it even more attractive for short-term investors in Islamabad. And that’s despite the fact that the society’s future potential is even greater.

We are waiting for the related announcement by the developer to assess the project under new circumstances. In the meanwhile, you can check out last blog covering market demand and buying trends for Capital Smart City. For the latest on the project, stay tuned to Zameen Blog.

If you have any project to add to the list or a have a list of your own, do share it with us by leaving a comment below. We are also available to address any query you might have on these projects.