The Multi Professionals Cooperative Housing (MPCHS) is the muscle behind various successful residential projects in Islamabad, and Sector B-17 (Multi Gardens) is one of them.
The project is easy to get to through the GT Road and access will only get better once work on Margalla Road concludes. It is expected that the road will be completed after the inauguration of the New Islamabad International Airport on August 14.
Currently, Sector B-17 is not showing much growth in terms of property prices. However, this does not mean that you should shy away from investing since prices will most likely increase in the time to come.
MPCHS had acquired Manzar-e-Kohsar to accommodate affectees of Block D, land for which could not be acquired. Manzar-e-Kohsar has been renamed Block C1, and many affectees of Block D have already been compensated with alternate plots there. Moreover, the developer has established more than 200 villas in C1, along with which Blocks A and E are now connected with a newly finished road. All of these factors come together as the core reasons that Sector B-17 has started to look promising.
MPCHS has handed over possession in Blocks A, B, C, and E, while Block F is under construction and Block D’s future is unclear.
Now let us have a look at plot prices in the locality:
| Blocks | 8-marla | 10-marla | 14-marla | 1-kanal |
| A | – | – | – | PKR 4,500,000 to PKR 6,500,000 |
| B | – | PKR 4,500,000 to PKR 5,000,000 | PKR 5,000,000 to PKR 6,000,000 | PKR 6,500,000 to PKR 7,500,000 |
| C | PKR 2,200,000 to PKR 3,200,000 | PKR 2,400,000 to PKR 3,800,000 | PKR 3,200,000 to PKR 4,500,000 | PKR 4,700,000 to PKR 6,500,000 |
| D | PKR 1500,000 to PKR 2,000,000 | PKR 2,200,000 to PKR 2,800,000 | PKR 2,500,000 to PKR 3,000,000 | PKR 3,000,000 to PKR 3,500,000 |
| E | PKR 1,700,000 to PKR 2,400,000 | PKR 2,800,000 to PKR 3,200,000 | PKR 4,000,000 to PKR 4,800,000 | PKR 4,000,000 to PKR 4,500,000 |
As you can see, plots in Block D are cheaper as compared to plots in other blocks. Nobody wants to buy any property there because of the previously mentioned land acquisition issues.
Also, note that plots in Block F were offered on instalments; have a look at the table below to get an idea about the profit/loss on plots in this block:
| Plot Category | 200 Square Yards | 272 Square Yards | 356 Square Yards | 500 Square Yards |
| Profit/Loss | – PKR 150,000 to +PKR 150,000 (depending on plot location) | – PKR 100,000 to +PKR 50,000 (depending on plot location) | – PKR 40,000 to + PKR 50,000 (depending on plot location) | – PKR 200,000 to + PKR 200,000 (depending on plot location) |
It has also come to my attention that many people who booked plots in Block F stopped paying instalments. Despite this, development work has continued.
If you are looking to invest, your best bet is Block B because it outshines other blocks in terms of infrastructure development. Investing in Block D is not a good idea for now, but you can capitalise on Block F. Just make sure you buy a plot with a good location.
That is all the news I have on B-17 for now. Have anything to add to this piece? Sound off in the comments section below.
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Can you guide me reliable authentic estate agent belongs to Zameen.com you on your responsibility to guide the complete process of buying a plot there with good locations, as this is a grey area in you article that how we will know the good locaion plot in Block F.
Email ID can be shared as well/
B-17 is 30KM drive from new airport. Sow how you even leverage that in their favor.
Secondly, being close to airport is a negative to count while buying property. Can you say one thing how an airport even add value for a common man.
Truth is B-17 is a dead horse because of corrupt mangement and because Margalla Avenue has no chance of completion as long as PMLN stay in power.
Do you have investments in B17 and do u think we should move out ?
That’s 100% correct, they have made a dead investment for so many people. I am not sure why they are not answerable to anyone and why they are not questioned by anyone in those so called AGMs. It could have been an excellent place to live and invest but its being ruined by then either due to corruption or very poor planning and management.
Yeah Nice well i think the best place to live and to get business in this place
What does this means by you?
“MPCHS had acquired Manzar-e-Kohsar to accommodate affectees of Block D, land for which could not be acquired. Manzar-e-Kohsar has been renamed Block C1, and many affectees of Block D have already been compensated with alternate plots there.”
How they compensated of D block affectee means what is the procedure need to call/email or to fill some kind of form please elaborate more.
There are many areas in C block that are still not developed even after so many years and new blocks were introduced. I agree with comments from Mushi, its becoming a dead horse, if not already.
I’m shocked to see the prices of Block A. I have a plot there and it is still non-possessioned and no property dealer is ready to talk about it. It really seems dead investment. Whereas the society is still trumpeting about giving possession soon for the last 3 years. The price of 1 kanal plot in block A is not more than 3000000.
I’m shocked to see the prices of Block A. I have a plot there and it is still non-possessioned and no property dealer is ready to talk about it. It really seems dead investment. Whereas the society is still trumpeting about giving possession soon for the last 3 years. The price of 1 kanal plot in block A is not more than 3000000. I dont know what i should do with it.
Dear Rabia,
I am interested in buying your plot. please inbox your contact.
Dear Rabia,
I am interested in buying your plot, please share further details.
CDA has no plan to complete in coming 4 years.
CDA has no plan to complete the said road in coming 4 years, it is in litigation.
What about D17 in comparison to B17?
Block F , B17 is going through fresh development phase. There is more sale and purchase in block F than any other sector of B17. This is closest to Motorway through a services road link attached to F block. A motorway Interchange is proposed to this sector. If you are looking for short term investment it’s a good time to reap some early bird profit. If you are looking for medium term or longterm investment, look for files which have less paid amount. Contact me for more details and sale / purchase.
what exactly do you want from B-17? wider roads than any other society of Islamabad. you can get a kanal plot in just 50lacs to live in.. personally i am fine with B-17.. i am investing as well as living over here.. dont let the residents of here hurted..
The management is fine.. rates are reasonable.. business is fine.. wider roads than any other society of Islamabad.. the Margalla issue would be resolved soon.. i am investing as well as living over here.. and i am all fine with B-17.. a society with mere a single G.T passing nearby has been surviving itself since 12 years.. Its a brave living horse..
Hello Irfan Khattak
Please email me your number at adeelpkpk@gmail.com I am about to buy a land there and construct my house, its hard earned money and your valuable suggestion will be highly appreciated.
Hello Investors,
That’s what you need “A DEAD HORSE” right? Which you can feed on?
You, my fellow Pakistanies lost the objective of housing societies, which are meant to provide affordable living opportunities to citizens, but investors buy, horde and artificially increase prices.
These housing societies are not your daily stock exchanges to wash your black money, please leave them for people to live and don’t think that you are doing good favor to the society due to your “INVESTMENT”, it’s just plain HARAAM, you are hording something, which you don’t need and it’s with the intention of selling at HIGHER price when there is a shortage (with respect to demand).
Please put some thoughts into it, you probably you will understand.
Hi there,
I have heard, one of the biggest implicit problems B-17 is facing is the dust from the crushing plants that blows with the wind. I want to know if it is true, anyone living there could testify if its an actual problem persists?
I have heard that one of the biggest problems B-17 faces is the dust from the crushing plants that blows with the wind, the dust makes it difficult to live there. Can any resident of B-17 confirm, if the problem still persists?
Can you guide me reliable authentic estate agent belongs to Zameen.com you on your responsibility to guide the complete process of buying a plot there with good locations, as this is a grey area in you article that how we will know the good locaion plot in Block F.
Email ID can be shared as well/
I am interested. Can you guide me reliable authentic estate agent belongs to Zameen.com you on your responsibility to guide the complete process of buying a plot there with good locations, as this is a grey area in you article that how we will know the good locaion plot in Block F.
Email ID can be shared as well
Can anyone tell me the status of E block? I am looking to grab an 8 marla plot in it. And then build my home there after 2-3 years.