University Town Islamabad first came into the limelight following the inauguration of the new Islamabad International Airport – which it lies close to.
At the moment, the main thing that the project has got going for itself are its low plot prices.
These, very simply, are quite low in comparison to what most of the other new housing societies in the city are currently demanding. And it is largely due to this factor that University Town has turned into a really good investment option for many – particularly in the last six months.
The project’s stellar location, of course, has also contributed to its increased value.
Presently, possession is available in parts of the project, and at incredibly affordable rates.
Read on below to learn more.
Invest Now – while ‘prices are at their lowest’
According to Deal & Deals CEO Daniyal Nisar, not only is the housing scheme really affordable, but the prices are also currently at their lowest range because of the general market situation.
The property market throughout the country, and Islamabad in particular, has been slow for a while now. This has affected University Town as well. So the prices are as low as they will go. A state of affairs that you might want to cash-in on.
Currently, the 5-marla plots are priced between PKR 1.5 million and PKR 2 million.
The 10-marla plots range between PKR 2.5 million and PKR 3 million.
The 1-kanal plots, on the other hand, are priced between PKR 4.5 million and PKR 5 million.
Suited to medium-term homebuyers & cautious investors
According to Nisar, University Town is one of the best investment choices currently available in the city.
The trick, he emphasised (while making a general observation), is to find the right property option for minimal prices. University Town offers a number of purchasing options that fit this criterion.
Previously, one issue which worried some University Town investors was a concern about its entrance. This matter, as such, was resolved over 6 months ago. The society now provides a fantastic entrance and exit route that opens on the Kashmir Highway.
According to the Deal and Deals CEO, there are presently two kinds of people taking interest in University Town. The first category concerns those people who wish to construct their homes in the next three to five years.
The other category is of people interested in making a secure investment (in which their principal amount remains safe). University Town is satisfactory on this count too, particularly if you go for plots whose possession is available.
For the time being, Nisar recommends 10-marla plots which come with full possession.
Expect a short to medium-term investment timeframe
According to Nisar, any University Town investment will have to span a period of 6 to 18 months. This makes the project a great option for a relatively low-margin and secure investment decision.
Furthermore, the property expert was of the opinion that should the property market’s performance improve even slightly, we can expect a price appreciation of at least PKR 500,000 for the 10-marla plots. This will bring in good returns on investment – considering the prices quoted above.
Meanwhile, in the medium-run, the market is expected to improve further, and the area around the project to develop.
As it is, Univeristy Town is surrounded by a number of great infrastructural and real estate structures, including the:
- Kashmir Highway
- Islamabad-Lahore Motorway M-2
- Eighteen Islamabad
- Faisal Town
- Top City
So the more the area you have here, the more the value of property you get to reap.
It’s simple.
Are you interested in investing in University Town, Islamabad? Do you have any questions or concerns regarding your decision? You can reach out to us through the comments section below. Alternatively, you can also head on over to the Zameen Forum for a detailed discussion on the topic.
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I am interested in 10 Marla and One kanal plot, how many phases this society consist and which phase property will be best for living and for investment. M. Azim Khan