Quick Summary
Park View City Rawalpindi by Vision Group offers residential plots on a pre-launch offer along main GT Road. It's the third project by the developer, known for schemes in Lahore and Islamabad.
- Located on main GT Road, opposite New Metro City Gujar Khan.
- Pre-launch offer available with a 25% down payment.
- Plot sizes include 5 Marla, 7 Marla, 10 Marla, and 1 Kanal.
- Project is currently in pre-launch phase, awaiting formal approval.
If you have been looking for a safer investment opportunity, particularly in Rawalpindi region, here is your chance to take advantage of the pre-launch offer of residential plots in Park View City Rawalpindi by Vision Group. Park View City, a name well-known across Pakistan, has earned its reputation by delivering two large-scale premium housing schemes in Lahore & Islamabad. Here comes the third chapter by Vision Group along main GT Road Rawalpindi with a highly attractive pre-launch payment plan.
While all basic details about the company remain the same, we won’t repeat it here. You can look into basic details about Vision Group on Park View City Islamabad page. We are going to share available information & a brief background of the Rawalpindi Chapter as to how & why Park View City Rawalpindi was launched and if it is worth investing at this stage.
A Brief Introduction
Park View City Rawalpindi has long been planned by Vision Group due to rising demand for the Park View City brand and scarcity of land for new launches in existing schemes. While the real estate in Rawalpindi & Islamabad has already been dotted with genuine & fake housing schemes here & there, but if you happen to look for authentic & legally reliable housing options, you could count them on your fingers. With expansions taking place all across Rawalpindi and Islamabad, and introduction of mega projects like Ring Road & M-13 Motorway, there is likely huge potential for new residential areas, especially around these mega developments. Park View City Rawalpindi is envisioned to tap into that opportunity by offering a better alternative in a region that is marred with mushroom societies and poor planning.
Earlier in 2024, Park View City were about to strike a deal with Saffron City to launch its Phase 2 but the deal couldn’t materialize as Saffron City owner Malik Tariq Awan wouldn’t agree to change the name of the scheme. So the idea of Phase 2 was dropped and a new search began for existing land around GT road where the Rawalpindi Chapter could be launched. Then recently Vision Group managed to strike a deal with Mega City, owned by Mubashir Hayat, CEO of Earthlink, to launch Park View City Rawalpindi. As Mega City was already facing some legal issues, the umbrella of Vision Group would cover its legal matters while offering better planning for the existing land directly opposite New Metro City Gujar Khan.
Gujar Khan or Rawalpindi?
While the location earmarked for Park View City Rawalpindi actually lies in Gujar Khan which is a tehsil of Rawalpindi, technically it is part of Rawalpindi. Since Rawalpindi sells better than Gujar Khan, the branding carries the name of the district, not the tehsil where it actually exists.
Park View City Rawalpindi NOC
As Park View City Rawalpindi is a rebranded version of Mega City Gujar Khan which was already under process with RDA, the process will resume with name and ownership changes and other formalities including a revised master plan for the scheme. The project is currently “not approved”, therefore it is currently available in pre-launch offer at introductory price. Once the formal approval is granted, the project will be officially launched at significantly higher prices.
Total Land Area
While there is no official document to confirm the total land ownership of Park View City Rawalpindi, the market sources claim existence of approximately 3000 kanals of land. Societies of Park View City’s scale have likely arranged or are already in process of more land acquisition for future expansions, so you can expect much larger land holding by the time you see official launch.
Location Map
Park View City Rawalpindi lies along main GT Road opposite New Metro City Gujar Khan. The distance between NMC and Park View City is hardly about 300 meters, so they are in close proximity and have shared location features. While New Metro City is already quite developed & offers an upscale housing option, Park View City promises similar or even better planning at a significantly lower price point in the prelaunch stage.
Below we have embedded the exact google location of Park View City, formerly Mega City Gujar Khan:
As seen on the location map, the society lies at about 26 KMs from Rawalpindi Ring Road Banth Interchange, and about 40+ KMs from T Chowk Rawalpindi. Therefore, we won’t recommend this scheme for those who need residence within close proximity to Rawalpindi City, however it might suit those who belong this neighborhood or want a secure long-term investment opportunity.
Development Progress
As Park View City Rawalpindi has taken over the former Mega City, the current development status is exactly the same as accomplished so far by the past developers. Park View City will pick up the development from here as per the revised planning & initiate developments right after the LOP is approved.
You can see the current development status of mega city in the following video:
Salient Features
While there is no official plan available as to the promised features for Park View City Rawalpindi so far, we can safely predict a few salient features typical of Park View City schemes:
- Park View City Rawalpindi will be a gated community with 24/7 security & robust surveillance systems
- There will be dedicated commercial areas and a commercial/entertainment hub similar to Downtown in Park View City Islamabad.
- The society will have several residential blocks including a special Overseas block because Gujar Khan is one of the important pockets along GT Road belt from Gujrat and Kharian up to Gujar Khan, where many expat families live.
- Development standards in Park View City Rawalpindi will be at par with existing Park View Schemes in Islamabad & Lahore.
- As the society sits in direct opposition of New Metro City, so the initial priority will be higher value at lower price.
- There will be international standard health, education, sports and entertainment hubs, matching or even surpassing the contemporary living standards of modern schemes.
We will update this section with actual planned features as soon as the official plan rolls. Normally the modern amenities include similar things so features will likely remain the same , but actual official master plan will help understand the developer’s concept properly.
Pre-launch Price Offer
While the official launch is going to take some time before legal requirements are fulfilled, the society has offered a limited pre-launch deal where you can buy residential plots at introductory prices with 25% down payment, while remaining amount will be payable in 2 years through 2 monthly installments.
Below are the available plot sizes & prices in Park View City Rawalpindi:
- 5 Marla Residential Plots offered at 29.50 Lacs
- 7 Marla Residential Plots offered at 39.50 Lacs
- 10 Marla Residential Plots offered at 57.50 Lacs
- 1 Kanal Residential Plots offered at 99.50 Lacs
Please note that the given prices include the land cost only, while development charges will be applied at a later stage so your have to consider the additional cost, what could be around 1.5 to 2 lacs per marla, before committing so that nothing comes as a surprise for you.
Below is the official pre-launch payment plan of Park View City Rawalpindi:
Booking Details
Park View City Rawalpindi pre-launch booking is currently open and you can reserve your residential plot with just 25% down payment at introductory prices as long as the offer exists. The booking procedure is pretty straightforward and we at Manahil Estate offer the clean & transparent procedure to book your plot in Park View City Rawalpindi.
- Choose your residential plot size
- Submit CNIC/NICOP and Passport size photographs of Applicant & Next of Kin
- Payment the 25% down payment amount either in the form of cash, online transfer or pay order.
- Your application form will be prepared & submitted along with documents & payment for process.
- Your file will be ready for collection within 2 weeks.
Is it Worth Investing?
Park View City is a popular brand in Pakistan which has actually delivered and earned a good name in the real estate market. While there have been some allegations of dubious land transactions by Vision Group in the past, but no serious issues have come to light so far. As regards the mega city acquisition, there are reports of a successful deal between the two parties so likely no major land issues exist.
The only major concern at this stage is “NO NOC” status of Park View City Rawalpindi, which usually takes some time. So this is the trade-off: if you want lower prices, you have to buy at the pre-launch stage without NOC approval. But if you want to be legally secure, you have to wait until the society is approved by RDA.
Apart from the NOC status, there is ambiguity about development charges, which can be around 7 to 10 lacs for a 5 marla plot, so your total cost will be much higher than the advertised prices. If you are comfortable with the cost and can invest at this pre-launch stage, other aspects of Park View City Rawalpindi are really strong. The location along main GT Road, the overseas belt, future connectivity through the Sialkot–Kharian–Rawalpindi Motorway M-13, proximity to Rawalpindi Ring Road bypass for Motorway M-2 access, and nearby major developments are the right extrinsic reasons for investment at this stage for long-term benefits.
Regarding the intrinsic strengths, Vision Group has a strong background and legal standing. It has successfully delivered modern housing schemes in Lahore & Islamabad where thousands of families are actually living. So, you can expect similar high-end development standards in Rawalpindi/Gujar Khan.
Considering the 2-year payment plan and existing development on the ground, you should expect early possession of existing area. So, if you have early construction plans, you should still consider Park View City Rawalpindi as an alternative to New Metro City. However, ROI is likely to remain long-term due to external dependencies on major government projects like M-13.
Final Remarks
Park View City Rawalpindi is a strong addition to the real estate market of the Twin Cities that will pave the way for the planned expansion of the city, while bringing new opportunities for property investors. If you want to avail the pre-launch prices, now is the time to act and reserve your plot before the offer ends. You can contact us at 0345-5222253 for more details or book your plot in Park View City Rawalpindi.