Wednesday, 8 December 2021

What is the best investment in Islamabad?

 


Buying real estate is the greatest investment option in Pakistan. And when it comes to real estate investment in the federal capital of Pakistan, Islamabad, this investment is the most rewarding course of action in the country. This is one of the very few investment alternatives that are pure-investment, involves very minimal risk of loss, and is showing remarkable growth over time.

Due to the increased competition in the real estate world of Islamabad, every developer is coming up with pretty nifty offerings. This market is very competitive and people can easily find some better and reasonable alternative of plots in every housing society. Developers have no other option but to offer the best of the best to attract customers. Considering every aspect of housing societies, from location to payment plan, from NOC to the amenities offered, From returns on investment (ROI) on capital to the pace of development, Park View City Islamabad is the best investment in Islamabad.

Park View City Islamabad is situated in the heart of the world’s 2nd most capital Islamabad. And the prime point to ponder is that this is among a handful of housing societies that are actually in Islamabad City but in the vicinity. There are multiple housing societies that are claiming to be a real estate project in the city but are actually located in the suburbs.

What Park View City Islamabad is offering to the investors? Here are the noteworthy features of the project.

Credibility of developers

Park View City Islamabad is the project of one of the most credible and renowned developers of the country The Vision Group.

Unfortunately, in our country, many developers with hardly any expertise in the real estate sector are deceiving consumers by enticing them into webs of enticing marketing campaigns and plans that are only on paper attractive. But a developer with no credibility is only scamming people and nothing else.

The number of years a developer has been active in the real estate business developer's track record of delivery are the factors that define the legitimacy of the project. These two must be verified. Every buyer must investigate the On the company's website, a developer brags about his project's delivery capabilities, so one should check the realistic reviews only.

The track record of the vision group is positive about all the things mentioned prior. Under the supervision of renowned politician Mr. Aleem Khan, this developer has a track record of delivering hundreds of successful projects within the given time. As a result, PVC Islamabad investors ought not to be worried about losing their investment or not receiving what they were promised.

Superlative whereabouts

The location of the real estate is the key determinant of its worth.

Park View City Islamabad project is an 8-kilometer drive from Chak Shahzad through the Main Park Road, and the Kuri Road is accessible by the Kashmir Highway, Lehtrar Road, and Islamabad Highway. The project is located on Malot Road, 15 (fifteen) minutes from the Kashmir Highway and the society's 200-foot main boulevard is merely a 15-20-minute drive away through Murree road from both the Kashmir Highway and the Islamabad Expressway. Blue Area also is only a 20-25 minutes distance apart from the main gate of the project. As a result, society is well-ensconced for both business and residential purposes.

Status of development

All the blocks of Park View City Islamabad that were launched in the initial and launching phases of the project are already complete and delivered. Besides that, some newly launched blocks are also 30-40% complete. With that, most of the amenities promised are also being delivered to the residents, which makes the project one of the best liveable societies in Pakistan. Investing in PVC Islamabad, you do not have to wait for years to enjoy the benefits that were promised to you before purchasing the property.

Returns on investment

Despite being situated right in the heart of Islamabad, the most expensive city of Pakistan, the launching and pre-launching prices of the Park View City Islamabad were pretty low. In fact, now that it's been almost 5 years since the project was launched, the prices are still reasonable compared to the high-end housing societies of the city.

Park View City Islamabad is the best option for both short-term and long-term investment returns. But if the price of the project is low, how investors are getting a good yield of returns?

According to the most fundamental economic laws, a rise in demand leads to an increase in price. Investors began to respond enthusiastically to this project even before it was in the pre-launch stage. Prices began to soar as market demand rose. People began to see returns on their investments within the first year. Aside from the official sale of plots, the market price of Park View City Islamabad plots is somewhat quite exorbitant. Nevertheless, the prices are still reasonable, but investors are receiving benefits and good returns on their investment.

No Objection Certificate (NOC)

Islamabad and its vicinity, which comes under the jurisdiction of the Capital Development Authority (CDA) is a very big area. There are around 80-100 housing societies in the jurisdiction but only 22 of them have been granted a No Objection Certificate. For people who are thinking about putting their money in the prospect of the best investment inIslamabad PVC, the good news for them is that this project falls in the latter category.

Park View City Islamabad already has a No Objection Certificate (NOC) from the Capital Development Authority (CDA) as of June 1, 2018. All information on NOC's acquisition is visible on the Capital Development Authority's official website (CDA).

Park View City Islamabad payment plan

The Park View City payment plan was designed with the convenience of investors and landowners in mind. The developers want to give residents a nice lifestyle but within the budget limit, therefore the costs are kept reasonable.

In Park View City Islamabad, the plot reservations begin with a 25% down payment, with the 75% balance due in eight equal quarterly installments. The Park View City Overseas Block features a three-year payment plan, whereas the other blocks' installments are spread out over two years.

Here is the general breakdown of the payment plan of the project.

  1. 25% down payment
  2. 4 quarterly installments
  3. A minimal membership fee

Final Words

Park View City Islamabad is without any exaggeration the best investment in Islamabad. If you are looking for a credible real estate agency to know more about this project or to book your plots, we highly recommend you to go for the services offered by Deal and Deals (Pvt.) Ltd.

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