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Park Enclave Heights Apartments for Overseas Pakistanis

Overview

The Capital Development Authority (CDA) is planning to develop Park Enclave Heights, a residential project of 6000 luxury apartments for overseas Pakistanis. According to the details, the 400 ft. high 10 towers will be constructed.

As of now, the construction will take place in two different phases with the first to complete 6,000 units and the second one will have 4,000 units constructed in Park Enclave Islamabad.  

This scheme is aimed at the overseas Pakistanis who can easily invest in this project using Roshan Digital Account. This project will commence from February 2022 and the overseas Pakistanis are encouraged to take part in it due to tax exemptions offered to them.

The project is aimed at generating revenue in terms of foreign reserves as the overseas Pakistanis will be investing in this project. It is expected to generate 1.6 billion US Dollars and a total of 3 years will be required to complete it.

Park Enclave Heights Approval

The project will be put forth for approval from the cabinet after the first Project Concept is approved by Central Development Working Party (CDWP). The project will be completed by a subsidiary of CDA known as Islamabad Development Fund Limited (IDFL).

Park Enclave Heights Developer

Islamabad Development Fund Pvt. Limited is an approved subsidiary of CDA by the Securities and Exchange Commission of Pakistan (SECP) and the body will be responsible for the development of Park Enclave Heights. A Board of Directors will manage the project and its progress.

Location and Amenities

This project offers an amazing opportunity to invest and is very lucrative for overseas Pakistanis. As the luxury apartments would come with high-end amenities which include:

  • Food Court
  • Swimming Pool
  • Boutique Retail Stores
  • Botanic Gardens
  • Convenience Stores
  • Luxurious Indoors
  • Easy Accessibility
  • Waterfront Views
  • 10 minutes from Serena Hotel

Closing Remarks

Overseas Pakistanis who were previously skeptical of investing in the real estate market of Pakistan can easily make safe investments in this opportunity. CDA will be responsible to take this project to completion and will overlook all the issues related to it.

Download project brochure: Park Enclave Heights

Keep visiting Manahil Estate for updated information about the real estate of Pakistan.

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