Best Areas to Invest in Property in Islamabad - Android

Ranked as one of the most beautiful capitals of the world, the capital of Pakistan – Islamabad is considered as… Read More

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Ranked as one of the most beautiful capitals of the world, the capital of Pakistan – Islamabad is considered as one of the safest cities in the country for real estate investment.

In times where the population is rapidly growing, this city offers innumerous investment opportunities and great possibilities in terms of new and innovative real estate projects. The real estate market has witnessed the rise of several housing societies, and other residential and commercial projects being developed at a fast pace, promising great potential for the investors to invest in.

After the outbreak of COVID-19, the real estate market also observed positive trends, due to the announced construction relief package, improving business conditions, a significant boost of investment channeled especially into the real estate sector by the overseas Pakistanis.

Here is a list of the best areas to invest in the hottest selling properties in Islamabad.

1. Sector C-16

The sector approved by the Capital Development Authority (CDA), and currently under development, is a popular choice amongst the real estate investors.

The sector connected by the main GT Road to the other parts of the twin cities is located in close proximity to Margalla Avenue and is surrounded by Sector C-15 on its east, and B-17, and D-17 nearby, allowing not only more and more amenities to spread out in the area but also attracting profitable investment in both, residential and commercial avenues.

Planned according to the modern town planning system, this area will feature all the utilities including a developed educational infrastructure of schools, colleges, and reputable universities, top healthcare facilities, banks, mosques, parks, restaurants, shops, mosques, etc. The offered amenities promise the residents a comfortable living experience.

According to trends at Graana.com, sector C-16 has been marked as one of the hottest selling areas.

In the case of investment, the prices of plots vary, depending on the size.

• The starting price of 5 and 10 Marla residential plots in sector C-16 ranges between Rs. 55 lacs to Rs. 65 lacs.
• The price of 1 Kanal residential plots starts from Rs. 60 lacs, exceeding up till Rs1.15 Crores.

The prices of commercial properties on the other hand start from around Rs. 2 Crores and onwards.

It is important to note these prices may vary, depending on the location and size of the plot.

2. Sector I-15

The sector also approved by CDA has also been identified as a popular choice of investors.

The newly launched sector to promote low-income housing facilities and to accommodate low-income citizens is located at a very prime location near the Margalla Hills, having direct access from Margalla Avenue. A C.D Principle Road.

It started trending after the apex authority responsible for development recently announced the initiation of developmental activities to uplift the infrastructure of the sector and accommodate the residents.

• It comprises 10,289 plots, offering only two sizes of residential plots i.e. 5 Marla and 1 Kanal.
• The price of 5 Marla plots ranges between Rs. 40 lacs to Rs. 45 lacs.
• The price of 1 Kanal plot ranges between Rs. 1.5 crore to Rs. 2 crores.

The sector located on the outskirts of Islamabad near Peshawar Road promises a great opportunity for buyers with low income as the plots and homes are economically priced.

As the authority is working on the development of wide and fully landscaped roads and streets, the area promises connectivity to a well-structured educational infrastructure nearby, provision of basic facilities including adequate electricity supply, Sui gas and water supply, and mosques, post office, and commercial banks.

The sector is easily accessible from National Highway 5 and the Grand Trunk Road, with the Islamabad International Airport a 32-minute drive away via the New Islamabad Airport Road and Kashmir Highway from the sector. The sector also offers a route to the Rawalpindi Railway Station.

It is important to note these prices may vary, depending on the location and size of the plot.

3. Sector G-13

The next area identified to buy properties in Islamabad is Sector G-13.

Sector G-13 is well connected to all major arteries of Islamabad, offering an extraordinary infrastructure, affordable rates, and state-of-the-art amenities, to become a major attraction for real estate investors.

Many reputable schools, colleges, and universities and healthcare facilities and hospitals are located at about a 10-20 minutes’ drive, along with notable tourist attractions, shopping malls, etc. nearby.

The New International Airport is just a 30-minute drive away.

• If you are looking to buy a plot, the price for 5 Marla plots ranges between Rs85 lacs to Rs1.15 crore.
• The price for 10 Marla plots ranges between Rs1.5 to Rs. 3.5 crore.
• Similarly, the price of 1 Kanal plot is relatively high, ranging between Rs. 2.1 crore to Rs. 6.5 crore.

It is important to note these prices may vary, depending on the location and size of the plot.

4. Park Enclave | Phase III

After introducing Phase I and II, the CDA launched Phase III of the same housing scheme, namely Park Enclave.

This area has been identified as the hottest favorite for investment by the Overseas Pakistanis.

Considered as one of its most beautiful residential projects by the authority, Park Enclave phase III is adjacent to phase I, located in the serene vicinity of Rawal Lake, right opposite to Chak Shahzad Farm Houses on Park Road.

The project offers plots of various sizes including five, seven, 10, and 14 marla plots in addition to some plots measuring one Kanal.

• Plots measuring up to 5 Marla, cost Rs. 70.79 Lacs.
• The price for 8 Marla plots starts from Rs. 1.5 crore.
• The price of 10 Marla plots starts from Rs. 1.97 crore.
• Plots measuring up to 1 Kanal, are worth Rs. 2.77 crore.

The housing scheme is conveniently accessible from Kuri Road Club Road, Kashmir Highway and Islamabad Expressway.

Developing quickly, the authority is set to host the balloting process on September 24th, 2020, for the successful applicants.

It is important to note these prices may vary, depending on the location and size of the plot.

5. Sector E-12

After the Capital Development Authority announced the launch of development work in the vicinity, the sector has observed a successful inflow of investments, being marked as another best area to invest in Islamabad.

The sector easily accessible from the Margalla Road is located at a 20-30 minute drive from the Islamabad International Airport.

• The price of 5 Marla plots in the sector starts from Rs. 87 lacs.
• Plots measuring up to an area of 10 Marla start from Rs. 1.1 crore.
• The price of plots measuring up to 1 Kanal range between Rs. 3.25 to Rs. 3.50 crore.

Under the development initiative, the authority is working on developing complete infrastructure including the construction of major roads, service roads, water supply network, drainage, and street lights system, to ensure the provision of basic facilities and comfortable life for the residents.

It is important to note these prices may vary, depending on the location and size of the plot.

Graana Wanted

Can’t find the right property that suits your requirements? Here’s all you need to do.

• Visit: Graana Wanted
• Submit Your Requirements
• Let AIRA connect you with a real estate agent
• Shortlist properties for viewing
• Schedule a House Visit or avail a Virtual Tour of the properties you’re interested in
• Become a homeowner

Maham is a Content Writer.
She handles marketing communications at Graana.com.

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