Islamabad International Airport: which societies will reap the benefits?
Islamabad International Airport is the major factor for the popularity of many housing societies in Islamabad’s Zone II and Rawalpindi’s parts located close to the transit facility. The ongoing development and impending launch this month has made people eager to make an investment decision accordingly, with some in a hurry to do so as soon as possible. In order to do that right, all aspects of a project and its investment potential must be considered.
Following are some of the societies that are reaping the benefits of being located close to the airport and the planned infrastructure in its surrounding areas:
- Capital Smart City
- Top City
- Mumtaz City
- PECHS
- CBR Town
- B-17
- PAF Tarnol
- Faisal Town
- University Town
- PIA Enclave
- Al-Mairaj Garden
- Fatima Town
- Airport Enclave
- Blue World City
- Qartaba Housing Society
- Al-Haram City
- State Life Insurance Employees Cooperative Housing Society
- Wapda Town
- Green City
- Motorway City
- Graceland Housing Society
- City Garden
- Engineers Cooperative Housing Society
- Faisal Residencial
- Gandhara City
- Shalimar Town
- Eighteen Islamabad
- Ministry of Interior Cooperative Housing Society
- Gulshan-e-Sehat E-18
- Graceland Housing Society
Latest update on some of these societies
Among these societies, some need little to no introduction, and that’s especially true for Top City-1. This particular society has a dedicated network of real estate agents who, along with an excellent social media marketing team, ensure that every positive aspect of the society and its eternal bright future is shared with potential clients with utter conviction. The timing for Top City-1 getting clearance is perfect for the society to do even well in terms of property demand and potential price appreciation.
While the situation for Mumtaz City isn’t bad at all, the fact remains that the investors active here have been shifting investments from Top City-1 to Mumtaz City and vice versa in the past. If you are confused picking between the two, this blog might be of help.
The future seems even brighter for Capital Smart City because the authorized agents for this project are also experienced real estate marketers. That, combined with the phenomenally stunning project details, will make this society the first one to introduce smart city concepts in the country. You can read all about in our latest blog on Capital Smart City.
University Town is also a head-turner in this part of the city, which not only enjoys a prominent location on Kashmir Highway, but also shares the neighborhood with Eighteen Islamabad – a project featuring high-end villas. Check out the latest on University Town by clicking here.
PFA Tarnol, also known formally as Fazaia Housing Scheme, tempts property investors with its attractive rates and noble reputation of the developer. The society seems ready to experience a high tide of investment activity and a consequent rise in property rates. You can read all about it by reading our recent update on PAF Tarnol.
The collective impact
It is a common trait in Pakistan’s property market that any appreciation in value of real estate in certain premises leaves an immediate impact on the rates in neighbouring societies and areas. So if it is predicted that property rates in the society they will increase in the future, that can be partially true. For solid appreciation in rates, appropriate developments, including the handing over of possession in the committed time and per the committed standards is a must. While determining the timelines of such developments during hyper-active trade times becomes difficult, it is even more crucial for you to do so.
So readers, if you are being tempted to invest in a society around the Islamabad International Airport or its extended radius, do your research thoroughly before you agree to invest an amount as little as less than a hundred thousand rupees per marla.
If you have any feedback or queries to share with us, use the comments section below. You are also welcome to share investment and safety tips for those tempted to invest in various projects around the airport.
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