Home » Real Estate Trends » Most Popular Areas for Flats for Sale in Islamabad
It’s been observed that buyers in Islamabad are likely to invest in houses and plots. But, with a recent surge in high-rise construction, more and more buyers are opting for apartments in Islamabad. If you are planning to explore all flats for sale in Islamabad, we have covered the top-selling areas to help you make an informed decision.
While houses and independent portions are already popular among buyers, the acceptance of apartment living is gaining momentum. That’s one of the reasons why buyers are searching for a profitable flat for sale in Islamabad, to earn more profits on their investment.
Thanks to guarded entrances and exits, apartments are considered safer. Moreover, people who can’t afford maintaining big houses, prefer dwelling in flats.
In terms of property investment, buyers like to buy apartments in Islamabad where they can sell the same property for higher price tags. Some investors prefer buying flats and then renting them out to ensure a steady stream of income
Top 5 Areas for Flats for Sale in Islamabad
If you plan to buy a flat in Islamabad, here are the top 5 areas where you can find the best of the best. All rankings are based on the most popular areas for purchasing flats in Islamabad in the month of April 2019. In addition to that, you will also get to know about the average price of different flats for sale in Islamabad.
These statistics are useful for all first-time buyers and seasoned investors who are looking forward to buy an apartment in Islamabad.
With 14.2% of total searches, DHA Defence is the most popular area for flats for sale in Islamabad. Bahria Town secures the runner-up position with 9.6% whereas E-11 is on the third spot with 4.9%. At number four, we have F-10 with 4.1 % and Gulberg comes in at the fifth position with 3.7%.
Let’s analyze the trends for each of these localities in terms of price and areas.
DHA Defence
As mentioned, DHA Defence is the most popular area for flats in Islamabad. The most popular areas in DHA Defence in this regard, include Phase 2 on top. The area dominates the market with 69% of total searches. Whereas, DHA Valley follows with a total search percentage of 13.2%. DHA Phase 1 is next up with a decent 12.1% of total searches.
In terms of price, a 1-bed apartment in Defence
Bahria Town
On our list of the most popular areas having apartments for sale in Islamabad, Bahria Town ranks second. With 9.6% of total searches, the mega real estate project continues to remain popular among buyers.
Bahria Town Islamabad is likely to be the biggest gated community in the city. The construction style of Bahria Town projects offer a perfect blend of affordable and luxury living. The most searched areas include Bahria Enclave with 87.8% percentage. At the second spot, Garden City comes in with 6.2% of total searches. Bahria Golf City joins the list with 4.5% respectively.
Buyers who wish to explore flats for sale in Bahria Town Islamabad can find several options. You can choose from a 1-bed flat which starts from PKR 25 lakh to PKR 78 lakh. For all buyers who need to buy a 2-bed flat can find a suitable flat from PKR 48 lakh to PKR 1.35 crore. But if you want to buy a 3-bed flat, be ready to shell out an amount from PKR 95 lakh to 1.35 crore.
E-11
Surrounded by greenery, E-11 provides a healthy and comfortable living atmosphere to its residents. If you want to enjoy a peaceful and quiet neighborhood, this is one of the most promising areas to buy an apartment in Islamabad.
This sector manages to grab the third spot, thanks to a search percentage of 4.9%. There are also sub-divisions such as Sector E-11/4, Sector E-11/2 and Margalla Hills with total search percentages of 33.6%, 25.3% and 13.3% respectively.
If you intend to buy a 1-bed apartment in E-11, you will need to invest anywhere from PKR 21 lakh to 75 lakh. The price of a 2-bed flat costs from PKR 44 lakh to PKR 1.4 crore. Flats with 3 bedrooms are priced for PKR 60 lakh to PKR 1.5 crore.
F-10
Next area on our list is the popular F-10 sector. With a total search percentage of 4.1%, this is another area which is gaining popularity among buyers who are looking for flats for sale in Islamabad.
The most searched localities in F-10 include the Silver Oaks Apartments with 66.1% of total searches. F-10 Markaz comes next with 9.8% searches and then F-10/3 with a total of 7.8% searches.
If you are looking for a 1-bedroom apartment, the sale price starts from PKR 95 lakh to PKR 2.2 crore. The price of a 2-bed flat for sale in F-10, ranges from PKR 85 lakh to 3
Gulberg
Developers are looking forward to develop Gulberg Islamabad as a new city within the capital city. Thanks to well-planned development projects, this part of the city offers a peaceful and clean environment for its residents. Gulberg features all essential amenities and ample greenery to be among the best areas, if you want to buy an apartment in Islamabad.
The most searched areas in Gulberg for apartments for sale include Gulberg Greens. It ranks on top with a search percentage of 65.4%. Gulberg Residencia follows with 32.9%. Gulberg Civic Center come in third with 0.7%.
If you need a 1-bed flat in Gulberg, the price ranges from PKR 15 lakh to PKR 65 lakh. It would cost you from PKR 45 lakh to PKR 1.8 crore for a 2-bed flat. If you are planning to buy a 3 bed flat in Gulberg, you need an investment of PKR 46 lakh to PKR 3.2 crore.
Start Searching for your Dream Apartment!
We have covered the top 5 areas where you can search for flats for sale in Islamabad. For more details and information about the real estate market of the country, stay tuned to Zameen Blog – the leading property blog in Pakistan.