In This Post:
Location of Park Enclave, Islamabad
Facilities in Park Enclave
Available Property Options
Property Price Trends
Payment Schedule for Park Enclave
FAQs about Park Enclave in Islamabad
Interested in property investment in the capital city? Take a look at Park Enclave, Islamabad. It is an upscale real estate project launched by the Capital Development Authority (CDA). The project is not only connected with some of the city’s major routes but also features state-of-the-art living facilities.
These factors make Park Enclave one of the most prominent property investment opportunities in Islamabad. So, if you’re willing to learn more about this up-and-coming real estate development, you have made it to the right post. In this blog, we’ll give you all the latest updates on Park Enclave, Islamabad, and talk about its location, features, available investment options and their price trends in detail.
So, without further ado, let’s begin with our real estate project overview!
More About Park Enclave, Islamabad
Officially dubbed ‘the Jewel of Islamabad’ by the Capital Development Authority (CDA), Park Enclave is a gated community planned with a robust infrastructure and lush green spaces all around it. The greenbelts running along its major road links and streets will help sustain a nature friendly environment in the housing society. As per CDA’s official website, this real estate development is intended to add to the beauty of the Islamabad Capital Territory. We’ll now discuss the location of Park Enclave and highlight some of the significant factors about it.
Location of Park Enclave, Islamabad
This mega scale real estate development is taking place in the serene outskirts of the Islamabad Capital Territory. It is just a few minutes drive from Bani Gala and Faizabad Chowk. If you’re travelling from Kashmir Highway, which is now known as Srinagar Highway, you can take the route of Park Road via Murree Road to get to this housing society.
As discussed, Park Enclave in Islamabad is conveniently linked with some of the most useful road links and expressways in the city. For instance, it is just a few minutes drive away from the intersection of Park Road and Kurri Road. This makes it conveniently accessible from many famous neighbourhoods in the city like D-18, E-11, Satellite Town, Shalimar Town, H-10, and I-10.
One of the biggest highlights of Park Enclave, Islamabad, is that it is only at a distance of 4 kilometres from the Islamabad Club. The place is one of the most preferred recreational spots for the residents of the capital city. To find out more about the neighbourhood amenities and living facilities in Park Enclave, take a look at the next section of our blog.
Living Facilities in Park Enclave, Islamabad
As per CDA’s official website, Park Enclave in Islamabad has been planned with the following features:
- Gated Community with Strict and Digitised Security Measures
- Wide Streets and 150 ft Main Boulevards
- Underground Electricity Cabling and Sui Gas System
- 24/7 Potable Water Supply
- Well-carpeted Roads with Green Belts
- Reliable Sewerage and Drainage System
- Solid Waste Management System with Energy Waste Treatment Plant
- Efficient Road Cleaning and Greenery Maintenance Services
- Mechanism for Rainwater Harvesting in the Society
- Optical Fiber Network for Seamless Broadband Connectivity
- Open Air Restaurants with Artificial Lakes and Walking Tracks
- Lush Green Parks and Play Areas for Kids
- Proper Street Lighting System
- Sports Grounds and Cricket Stadium with Jogging Tracks
- An Exclusive Club House with Different Types of Athletic and Fitness Facilities
- Educational Institutions and Healthcare Centres
- Mosques and Prayer Areas
For people interested in properties for sale in Islamabad, we’ll explore the available investment options in Park Enclave further in this blog.
Properties for Sale in Park Enclave, Islamabad
As per the latest updates on Park Enclave, Islamabad, the projects two phases have already been launched. Both of these phases offer big sized properties, mostly one, and two kanal plots. Even if you check the listings for properties for sale in Park Enclave on Zameen.com, you’ll mostly come across large property options.
However, keeping in view the affordability factor, CDA is planning to make this housing project accessible by all-scale property investors. This is why it has decided to launch another phase of this real estate project in Islamabad. Park Enclave Phase 3 will mostly feature small and mid sized plots. Putting it in numbers, the project will offer 5, 7, 10 and 14 marla plots to people looking for affordable properties for sale in Islamabad.
The date of the ballot for Park Enclave Phase III has recently been announced through the project’s official Facebook page. It will be held on September 24, 2020, at the Jinnah Convention Centre Islamabad. For details on the upcoming ballot for Park Enclave Phase III, read our recently published updates on Zameen News.
Plot Prices in Park Enclave, Islamabad
We’ll now take a look at the average price trends of plots for sale in Park Enclave, Islamabad for the available property options in its phase I and II, which are mostly 1 and 2 kanal residential plots.
- 1 Kanal Plots for Sale in Park Enclave, Islamabad: Range between PKR 2 crore and PKR 3 crore
- 2 Kanal Plots for Sale in Park Enclave, Islamabad: Range between PKR 4.5 crore and PKR 6 crore
Note: According to the latest updates on Park Enclave, Islamabad and available property listings on Zameen.com, the number of 1 kanal plots up for sale is much higher than the available 2 kanal plots.
Payment Plan for Park Enclave
The following payment plan for Park Enclave has been fetched from CDA’s official website:
- 10% upfront payment at the time of submission of application form
- 15% within one month of the issuance of allotment letter
- 15% within four months of the issuance of allotment letter
- 15% within seven months of the issuance of allotment letter
- 15% within ten months of the issuance of allotment letter
- 15% within thirteen months of the issuance of allotment letter
- 15% within sixteen months at the time of handing over of possession
Thing to Remember: If you’re interested to pay the full amount for the plot you are buying, you’ll get a net rebate of 5%. Offering rebates to investors paying for properties in one go is a common practice followed in the field of property investment in Pakistan.
Frequently Asked Questions about Park Enclave
Let’s take a look at some of the most important FAQs about Park Enclave in Islamabad:
Is Park Enclave a CDA approved real estate project in Islamabad?
Yes, it is a CDA approved project. In fact, the authority itself owns the project, which makes it a noteworthy property investment opportunity in the capital city of Islamabad.
Where is Park Enclave by CDA located?
It is located in the serene suburbs of the capital city, conveniently linked with all major roads.
What types of plots are available in Park Enclave by CDA?
As per the latest updates on Park Enclave, Islamabad, there are three phases of this project. Park Enclave Phase I and Park Enclave Phase II has already been completed. They mainly offer 1 and 2 kanal plots. On the other hand, Park Enclave Phase 3 has recently been announced. It will offer 5, 7, 10, and 14 marla plots to people interested in budget-friendly property investment in Islamabad.
Are there any payment plans for Park Enclave?
Yes, payment plans are available for investors of Park Enclave. Navigate to the ‘Payment Schedule for Park Enclave’ section of our blog to learn more in this regard.
This brings us to the end of our comprehensive overview of Park Enclave, one of the most popular real estate projects in Islamabad. Feel free to connect with us at blog@zameen.com if you have any questions or suggestions related to our piece. We’ll try our best to answer your emails as soon as possible.
In the meantime, if you want to explore other property investment opportunities in Islamabad, here are some of our blog posts that may interest you:
- Airport Green Garden, Islamabad
- New Blue Area, Islamabad
- Latest Updates on Eighteen, Islamabad
- Overview of Capital Smart City, Islamabad
Keep reading Zameen blogs for more informative property guides and overviews of famous real estate projects based in different cities. Sign up with your email address for our e-newsletter to get regular updates about our latest blog posts.
Also, don’t forget to explore some of the top neighbourhoods for property investment in Pakistan by browsing Zameen Area Guides.
