Are you interested in the right places where you should buy properties in Islamabad property market? Do you wish to know on what fields one can gain best value, growth and returns on an investment? If yes, then you are at the right platform or you have come to the right forum.
Islamabad is the capital of Pakistan it is one of the most beautiful and well-planned city in the whole world. What makes it so exciting and unique, is the fact that it is spread across eight zones. Islamabad is also political, economical, and cultural capital of Pakistan and every year millions of civil, executive, investor and business tycoon of Pakistan are entertained in this city.
Let’s explore complete about 5 areas to buy property in Islamabad
Therefore, based on the existing trend, the property market in Islamabad is one of the most secure sectors in the entire stating of Pakistan in which individuals can access available houses, flats, plots and even commercial buildings for sale or rent. Price of apartments vary with the region, facilities and securities offered, construction and development, and market forces in Islamabad. As for the initiative taken by Islamabad government property rates for the house have raised 10 to 15 percent in the outgoing year and expected to raise in the next year.
In this article, we will identify and analyze the top 5 areas to buy property in Islamabad in 2024 based on the following criteria:
- Location
- Amenities
- Security
- Development
- Return on Investment
DHA Islamabad (Defence Housing Authority)
In Islamabad, you can only purchase property from such estate agents as DHA Islamabad which is considered the most reputable housing society in Pakistan. DHA Islamabad was developed in 1992 and has been extended to phase-VI & expanded over an area of around 40000 Kanals.
Defence Housing Authority formerly known as DHA is the real-estate developer of Pakistan Army that looks after the Housing and municipal services of Defence localities in Pakistan. DHA Islamabad is famous for its ultra-progressive establishing, great constitutional quality, safety and security and quality facilities.
DHA Islamabad deals in various types of houses and apartments for sale and for rents, plots also commercial markets in a variety of sizes and sizes for affordable prices. At present, the cost of one Kanal in DHA Islamabad is PKR 2.5 crore and 10-marla house cost is PKR 3.5 crore. A 10-marla house for rent in DHA Islamabad costs an average of PKR 1 lakh monthly.
DHA Islamabad has many current and future projects and opportunities for investors, such as:
DHA Valley:
Low cost housing project that includes 5/8 Marla plots & houses within an economical price ranging from 8 lakh. Newly developed DHA Valley is adjacent to DHA Phase 2 has 20 sectors all having there theme and amenities. DHA Valley will further be completed and delivered by 2024.
DHA Phase 2 Extension:
DHA Phase 2 Extension is designed extension of DHA Phase 2 and consists of 10-Marla Manufacturing and one Kanal plots available at affordable rates starting from 35 Lakh PKR. It is near GT Road and has 15 blocks in which each block has its characteristics and facilities. As to the date, DHA Phase 2 Extension is likely to be developed and occupied by 2024.
DHA Smart City:
A new generation housing project for 5, 10 & 20 marla plots & houses in Bahria Town and starting from PKR 18 lacs. DHA Smart City is an emerging city adjacent to Islamabad International Airport, and the city has 14 sectors in which each sector comprises its theme and amenities. Smart City known as DHA Smart City has assumed to be launched and developed by 2024.
How To Buy Property In Pakistan: 5 Tips
Bahria Town (Best Area to Buy Property in Islamabad)
Bahria Town Islamabad is one of the most preferable location for property real estate since it is the largest and advance society in Pakistan. Bahria Town Islamabad came into existence in 1996 and today it comprises nine phases and spreads over 105000 Kanals.
Bahria Town is a company that has been developed and is currently being chaired by Malik Riaz. Bahria Town Islamabad has a good design, excelled construction, variety of amenities, and a good lifestyle.
Bahria Town Islamabad has many house options for both sale and for rent with different sizes and price tags, there are also flats, plots, and commercial units available. The current market price of the one Kanal land in Bahria Town Islamabad is around 1.5 crore and the current price of a ten marla house is 2.5 crore. In Bahria Town Islamabad, the average rent for a 10-marla house is ten thousand eighty only, or PKR 80,000 per month.
Bahria Town Islamabad has many current and future projects and opportunities for investors, such as:
Bahria Enclave:
An upmarket and gated, residential community that provides 5, 8&10 marla plots and houses for sale at a modicum of PKR 25 lacs. Bahria Enclave is in Park Area and has 15 sectors out of which all have features and facilities. Bahria Enclave is almost fully developed and residents have started moving in to the masters planned community surrounded by green landscapes.
Bahria Golf City:
A luxurious and recreational living lifestyle project/venture that provides 10-Marla, 1, 2, and 4 Kanal residential plots and houses at relatively higher cost from as low as PKR 75 lacs. Bahria Golf City is near Murree Expressway and consists of Seven sectors and each section has some distinctive add-ons in it. Currently under construction, it highlights golf community, resort lifestyle concept Bahria Golf City.
Bahria Paradise:
A dream and paradise housing project for 10-Marla 1-Kanal 2-Kanal plots, and houses for sale at an initial price of 40 lacs. Bahria Paradise is situated in proximity to Bahria Phase 4 where there are 16 precincts with features & amenities. Bahria Paradise is still under construction but there will be mini Taj Mahal, a central park and a grand mosque.
Gulberg Islamabad
Gulberg Islamabad stands at third highest revenue generating location for buying property due to its strategic and environment friendly housing society in Pakistan. Gulberg Islamabad was started in the year 2005, and since then they expanded into two major projects namely Gulberg Greens and Gulberg Residenciaуск BASED ON THE ABOVE PROPOSAL THE FOLLOWING OBJECTIVES I HAVE PROVIDED ARE ACHIEVABLE:, which now occupies more than 45 thousand kanals of land.
IBECHS (Intelligence Bureau Employees Cooperative Housing Scheme) is the developer of Gulberg Islamabad. Clients use the name to refer to the strategic location of the site, environmentally friendly ambiance, and Greenery.
The opportunity to buy or to rent a house in Gulberg Islamabad is available because the compound provides a diversity of properties. The price for 1 Kanal plot in Gulberg Islamabad is on average at PKR 2 crore and for 10-marla a house is on average costs at PKR 3 crore. The average rent that a 10-marla house is PKR 1.2 lakh monthly in Gulberg Islamabad.
Gulberg Islamabad has many current and future projects and opportunities for investors, such as:
Gulberg Greens:
Aatiade is an ultra-premium & elite residential venture that has announced 4, 5 and 10 Kanal & Farm houses’ plots another farm within its affordable price bracket of PKR 1.5 crore only. Mentioned earlier, Gulberg Greens is close to the Islamabad Expressway with 6 blocks with features and amenities. Gulberg Greens is near term and ready occupied for a healthy and eye-catching lifestyle.
Gulberg Residencia:
A recent and economical residential scheme where quality 5, 7, 10 and 14 Marla plots houses are planned and affordable at an initial rate of 25 lakh. Gulberg Residencia consists of 21 blocks, namely ; Gulberg Greens which as features and amenities. It is an under construction project and provides modern and cozy living solutions through Gulberg Residencia.
Gulberg Mall and Signature Living:
A concept of mega and mixed-use product with market competitive rents for shops, offices and apartments starting from PKR 35 Lakh. This Social, Cultural and commercial project is situated in Civic Center of Gulberg Greens and it comprises of 9 floors each with their own characteristic. It is headed by Gulberg Mall and Signature Living and is presently under construction and is offering a noble investment with great returns and lavish style.
- The benefits of buying property in Gulberg Islamabad are:
- Strategic and accessible location
- Eco-friendly and spacious environment
- Premium and quality development
- High demand and resale value
- High capital appreciation and rental income
Sector B-17
Sector B-17 is the fourth cheapest zone in Islamabad to purchase the property since it’s the best and beautiful housing enclave in Pakistan. The construction began in 2004, and over the time, it has evolved into three sections, namely: A, B, and C having a size of more than 12000 Kanals. Sector B-17 is highly preferred, sited, planned, constructed and equipped due to its ideal location, beautiful natural environment, well laid down infrastructure and resourceful qualities.
The kind of properties that can be bought and rented in Sector B-17 includes; houses, flats, plots, and commercial spaces. Sector B-17 average price of 1 Kanal plot ranges from PKR 1 crore to PKR 2 crore for the 10-Marla house. At present, the 10-marla houses in Sector B-17 cost an average rent of PKR 60,000 per month.
Sector B-17 has many current and future projects and opportunities for investors, such as:
Margalla View Housing Scheme:
Bedroom community housing designs which have been designed beautifully and elegantly equipped with 5, 7, 10, and 14-Marla options of commercial residential plots and house at an affordable price of PKR 15 lakhs. Margalla View Housing Scheme in in front of GT road and contains 7 blocks way each having their peculiarities and or opportunities. Margalla View Housing Scheme is almost fully developed and inhabited; the view of Margalla Hills is fantastic.
Multi Gardens:
Single largest housing project which is versatile and a source of 5, 7, 10, 14 marquees, and 1 kanal single residential plots and Houses with best resonable price from 20 lacs PKR. Multi Gardens is an ideal housing project located close to Motorway M-1 and the society has 6 blocks with their respective facilities. Multi Gardens is an under construction project and has numerous amenities and facilities provides to its customers.
Faisal Margalla City:
An amazing new design concept of latest and beautiful homes including 5, 7, 10 and 14- marla plots and houses available at reasonable price at PKR 25 lakh onwards. Faisal Margalla City lies close to the Margalla View Housing Scheme and it comprises four blocks, the each has its characteristics and essential facilities. Faisal Margalla City is an under-construction project and is providing quality and luxurious lifestyle solution.
Some tips and recommendations for buying property in Sector B-17 are:
- Always consult and seek the advice of an expert before investing your hard earned cash in any property in Sector B-17, as this market is surrounded with lots of legal and technicalities.
- Make sure you cross-check the ownership of the property and is it possessed by someone and the transfer status from the Sector B-17 office before going ahead to make any payment make sure the NOC is also obtained.
Sector G-14
Sector G-14 is the 5th fastest growing area in which to purchase property in Islamabad and is the most central and convenient housing society in Pakistan. This sector was started in the year 2004 and initially it is divided into four sub sectors G-14/1, G-14/2, G-14/3, G-14/4 on a total area of 8033 Kanals. Sector G-14 is famous for its factors like central location, easy approach, better facilities and all round facilities.
Sector G-14 provides varied property type for investment purposes. Currently, 1 Kanal costs PKR 3 crore in Sector G-14 and one 10-Marla house costs approximately PKR 4 crore. The current average rent per house of 10-Marla in sector G-14 is estimated to be 80,000 PKR per months.
Sector G-14 has many current and future projects and opportunities for investors, such as:
Kashmir Highway:
A principal and essential access to all other parts of Islamabad and Rawalpindi with special relation to sector G-14. Kashmir Highway particularly requires expansion and improvement from traffic stream concerns. Kashmir Highway also has the advantage of connecting to the New Islamabad International Airport undoubtedly a plus point for the residents and investors of Sector G-14.
Metro Bus Service:
To be more concrete, a PTI will be developed as a public and mass transit that will link sector G-14 to the other sectors and areas of Islamabad and Rawalpindi. Metro Bus Service following the population nad demand growth of Sector G-14 is being extended and developed. Another efficiency of transport service is that it provides cheap and comfortable transport for the residents and investors of the Sector G-14.
G-14/4 Development Project:
It is an integrated and selective development venture that that seeks to offer all essential facilities to the inhabitants and consumer of Sector G-14/4. The newly identified project the G-14/4 Development Project comprises of roads, water supply, sewerage, electricity and gas, parks, schools, religious places such as mosques and commercial centers. It is ongoing and must be completed by 2024.
Conclusion
Islamabad is also the country’s political, economical and cultural center having millions of visitors, professional and investors coming to the city every year. However, like any other investment, purchases of property in Islamabad has the following challenges and risks because of many factors affecting the real estate Industry such as Interest rates, Inflationary trends, taxation, security, government policies and those of other international organizations. For this reason, anyone planning to purchase any property in Islamabad must undertake adequate research and then engage the services of a legal and registered estate agent.
