The Key Benefits of Purchasing Main Boulevard Plots
Overview
People of Pakistan mainly prefer main boulevard plots because they are near the main roads due to numerous reasons like it is best for residents as well as investors. The real estate sector of Pakistan is getting new developments and the main boulevards give more appeal to the society.
These housing societies sell their plots on Main Boulevards at a premium price. Even at a premium price, the investors are willing to bet their money on the plot. It is because of the numerous benefits of investing in them.
Also Read: Must-Follow Guidelines For The Sale And Purchase Of Plots
Accessibility of the Main Boulevard Plots
The main reason that people prefer to purchase Main Boulevard is its convenience. All the mass transit facilities being provided by the housing society are going to be passing through the Main Boulevard.
It makes a great impact on the purchase decision of a person who is looking for an accessible location for building a home and it is one of the major reasons that people invest heavily in Main Boulevard plots.
Another reason for investing in Main Boulevard plots is their accessibility from the main entrance of the housing society. In some cases, it can even lead to Motorways or Ring roads of the city.
Secure and No Barriers
In Pakistan, there is a concept of the running road which typically means a busy road. It is a very common conception that Main Boulevard is a busy road and hence, it is immune to street crime. Security is a major concern of people purchasing property in Pakistan and this is the deal-breaker for many people who are looking to purchase these plots. The plots located on Main Boulevard are generally secure and building a house on the Main Boulevard plot is a no brainer
Also Read: 5 Key Benefits Of Buying A Corner Plot
Best to Invest in Main Boulevard Plots
If someone is looking for a plot from an investment point of view, they should not look further than Main Boulevard plots. Main Boulevard plots have an exceptional resale value because of the interest shown by Pakistanis in these plots.
A corner plus main boulevard plots have the potential of doubling the investment. It is because of its high returns on investment that the majority of the real estate investors book the Main Boulevard plots in the initial phase of the launch of a housing society.
Developed in the Prime Blocks
Main Boulevards are generally well lit because they are the center of attraction for any housing society. Moreover, if you are looking to invest in them, Main Boulevard is usually constructed in the first phase of the housing society to attract more buyers.
This means that the property value is going to increase manifold even before society is completely developed. The housing societies take a keen interest in developing Main Boulevard since they do not want to lose their value in the real estate market of Pakistan, whereas the adjacent streets might not be maintained as the Main Boulevard.
Conclusion
They generally come with the downside of heavy traffic as society starts to develop. It is completely understandable if someone is looking to invest elsewhere because of this disadvantage.
But the advantages of having a plot on Main Boulevard plots exceed the disadvantages which means that it is a safe investment overall for the future. One should not be hesitant to invest in Main Boulevard plots. In Pakistan, the housing societies put more emphasis on Main Boulevard plots’ location, and it is the reason that it has huge returns on investment.
Contact Manahil Estate to book your main boulevard plot in the leading housing societies of Islamabad and Rawalpindi.
