Royal Residencia VS Mivida City: Where to Invest
Royal Residencia and Mivida City are two housing projects with high competition in the real estate market of the Twin Cities. Both of the housing projects are offering affordable plots in easy installments which are ideal for those looking for affordable living near the capital city.
Location
Mivida City is located on Chakri Road, only a few kilometers from the New Islamabad International Airport. The main areas of Rawalpindi and Islamabad are also easily accessible from Mivida City’s location. The society is in the middle of two other giant residential projects named Blue World City and Capital Smart City.
On the other hand, Royal Residencia is also located on Chakri Road. Similar to Mivida, this project is also near the Airport. Royal Residencia is present at the junction of the M-2 Motorway.
Both the housing societies will benefit from the future Rawalpindi Ring Road and the CPEC route.
Total Land Area
Mivida City is developing over an area of 7,000 Kanal whereas Royal Residencia is developing over an area of over 2250 Kanals.
Nearby Housing Societies
Both projects have been surrounded by various new schemes in the area, such as Khanial Homes, Blue World City, Capital Smart City, and Discovery Garden.
Nearby Landmarks
Famous landmarks near these housing schemes are Fatima Jinnah Women University, Islamabad International Airport, and access to M-2 Motorway. Rawalpindi Ring Road link to Thalian interchange would spur the prices of these housing projects.
Facilities and Amenities
Both these societies have unique features that differentiate them from each other. Royal Residencia comes with:
- Royal Mosque
- 400ft Wide Boulevard
- Golf Course
- Sports Complex that will seat 2500-3000 people
- Education Complex
- Global Village
- Miracle Garden
Mivida City offers lavish lifestyle options at affordable pricing, and this is the reason that it is highly anticipated in the real estate sector.
- Solar Trees
- Butterfly House and Zoo
- 9-Hole Golf Course
- 24/7 Surveillance
- Sports Complex with Indoor and Outdoor Facilities
- Grand Entrance Gate
- All-in-one Commercial Area (Active commercial central district)
- IT Parks
- Signal Free Boulevard
Both these societies offer world-class facilities, and all the necessities are part of the master plan.
Legal Status
All the concerned documentation has been submitted by Royal Residencia for approval and the No Objection Certificate (NOC) is likely to be approved soon. As soon as the approval comes through from the Rawalpindi Development Authority (RDA), the prices are likely to increase.
It is the right time to invest in Royal Residencia as it is offering plots at quite affordable rates. You can book a plot with a nominal down payment and pay the rest in 48 monthly installments. Mivida City is also still in the approval process. Therefore, the prices are low as well.
Developers and Their Expertise
Royal Residencia and Mivida City are developing nearby near Chakri Road. Royal Residencia Islamabad is developed by Shan Builders and Developers (Pvt.) Ltd. which is a well-known name in the real estate market? Mivida City comes with an equally good developer Maxim Investment Group from Egypt.
Plot Sizes
Royal Residencia offers a range of plot sizes including:
- 5 Marla
- 7 Marla
- 10 Marla
- 14 Marla
- 1 Kanal
- 2 Kanal
- 4 Kanal
- 8 Kanal
Mivida City offers the following plot size depending on the location of the plot within the society:
Residential Plots
- 5.5 Marla (Mixed-Use Community)
- 8 Marla (Mixed-Use Community)
- 10 Marla (Sports Community)
- 14 Marla (Eco-Community)
- 1 Kanal (Golf Community)
- 2 Kanal
Overseas Residential Plots
- 4.5 Marla
- 8 Marla
- 10 Marla
- 1 Kanal
Conclusion
Royal Residencia and Mivida City are at par when it comes to planning, development, and affordability. Both of these housing projects are good to invest in and get maximum value. For investment advice, contact Manahil Estate experts.
