Best Housing Schemes in Islamabad to Buy Plots on Installments in 2021
Islamabad is incessantly expanding its boundaries due to the ever-increasing demand for housing in this most beautiful Capital City of Pakistan. Whether you go northward, southward or westward in Islamabad, you will find new housing projects (mostly illegal) cropping up every now and then.
As demand directly affects prices, the real estate of Islamabad is considered to be the most expensive in the country. It is completely and utterly understandable for a salaried person, including overseas Pakistanis, to hunt for the best suitable housing projects offering plots on easy installments in the immediate vicinity of central Islamabad, i.e. Zone 1 and 2. Therefore, we have come up a small list of options once again so that our users can shortlist the best available options in Islamabad today for a sound decision.
Following is the list of new housing schemes including new blocks of old housing projects which offer residential and commercial plots on easy installments plan:
- Capital Smart City
- Park View City Overseas Block
- Blue World City Overseas Block
- Airpor Green Garden
- Faisal Hills
- Taj Residencia
- Nova City Islamabad
- The Life Residencia
- Discovery Gardens
- PECHS Islamabad
We will give brief description of each of the above-listed housing scheme below, but you can check all details, prices and features on the project page.
Capital Smart City
Capital Smart City is the biggest housing venture by HRL in association with Surbana Jurong (Singapore) on Motorway M-2 Islamabad. The project is planned over 55000 kanals of land along Chakri Road and Motorway near Chahan Dam. NOC has been obtained from Rawalpindi Development Authority.
Capital Smart City is envisioned to be a “Smart City”, in fact, the first Smart City Housing Project in Pakistan. Surbana Jurong is the key company responsible for master planning and designing smart systems in congruence with modern smart cities in the world.
Development work is going on at good pace, as a fleet of more than 400 vehicles is working vigorously and enthusiastically under supervision of a team of international consultants. Early possessions of few residential blocks are starting in 2020, while construction work on “Smart Villas” is starting soon.
Capital Smart City offers 5 marla, 7 marla, 10 marla, 12 marla, 1 kanal and 2 kanal residential plots; 4 marla and 8 marla commercial plots, and all sizes of double storey smart villas on 3 years easy installment plan.
Park View City Overseas Block
Park View City is a beautiful housing project on Kurri Road (Jinnah Avenue) in Islamabad Zone 4 near Bahria Enclave Islamabad. The project is sponsored by Vision Group, which is owned by Mr. Aleem Khan of PTI.
Park View City has received NOC letter from Capital Development Authority. It has already delivered initial blocks (A & B) of the society where construction work is going on at full swing. Remaining blocks (C, D, E, F, J & H) are expected to be handed over for possession within a year or so.
The society offers residential plots of 5 marla, 10 marla, 1 kanal and 2 kanal sizes, as well as 5 marla commercial plots. You can buy old resale options with ongoing installments, or you can go for fresh booking in Sector H and Overseas Block.
The new “Overseas Block” is planned next to Downtown Commercial Area and Sector H. It offers residential plots of 5 marla, 10 marla and 1 kanal sizes with 2.5 years flexible installments plan. Bookings are available on first come first served basis, so it is important to reserve your plot before this option is all sold out.
Blue World City Overseas Block
Blue World City is a mega housing venture by Blue Group of Companies in collaboration with Pan-China construction group. The society is planned over 60,000 kanals of land on Chakri Road near Sihal with initial development area spanning over 10,000 kanals. The society has received planning permission from Rawalpindi Development Authority, however NOC is currently under process.
Blue World City is a low cost housing scheme which offers residential and commercial plots, as well as farm houses on easy installments. The development work has already started, and a large number of machinery is already engaged in different development works at project site.
Blue World City has recently launched new bookings of residential and commercial plots in its Overseas Block, which is specifically designed for Overseas Pakistanis. It features a lake which runs through the Overseas Block giving you an amazing experience of living by a river.
A dedicated hi-end commercial area has also been designed for this block, where the concept of “City Walk” has been introduced for the first time in Pakistan.
Overseas Block offers 7 marla, 10 marla, 14 marla, 1 kanal and 2 kanal residential plots, as well as 5 marla and 10 marla commercial plots on 4 years installments plan. Plot prices are exclusive of development charges, so you have to keep an additional 50,000/marla estimated cost in mind for residential plots.
Airport Green Garden
Airport Green Garden is a new housing project near New Islamabad Airport. It lies next to Top City-1 Block C along the Motorway M-2. It enjoys all location features of Top City, and also it gets additional access from Airport Cargo Road.
Airport Green Garden is approved by Rawalpindi Development Authority. Its map is already available, however plot numbers will be allotted through computerized ballot. Bookings of different sizes of residential and commercial plots are available on first come first served basis with 2 years installment plan.
Development work on Airport Green Garden has already started, and the developer aims to hand over possession of plots within next 2 years. Plot prices are reasonable compared to Top City-1 installment options, therefore we recommend buying in Airport Green Garden if you want to buy on installments.
Note: Fresh bookings have been closed in Airport Green Gardens. Still, you can buy a resale option from open market at paid amount + profit. Remaining amount will be payable to the society through quarterly installments as per schedule.
Faisal Hills
Faisal Hills is one of the most beautifully developed housing project located at the border of Islamabad on main GT Road in Taxila region. The society is sponsored by Zedem International which have successfully delivered in Faisal Town and Faisal Margalla City. The society is considered to be a cheaper alternative to Multi Gardens B-17 Islamabad, however its own prices are going up day by day.
As Faisal Hills lies to the other side of Margalla Hills, it has been connected with B-17 at G Block where a link road connects both housing schemes. Same link will benefit the society when B-17 gets its dedicated interchange on Motorway M-1.
Faisal Hills is normally a resale option as plots in all residential blocks are available on full payment. However, there is a one last booking of residential plots which launched last year and offered 5 marla, 7 marla, 10 marla, 12 marla and 1 kanal plots on 4 years easy installments plan. You can consider buying those files on down payment and prevailing market profit, while remaining amount will be payable to the society through quarterly installments.
Taj Residencia
Taj Residencia is a beautiful but expensive housing project of Sardar Group (Builders of Centaurus Mall) near Golra Mor on GT Road. It lies at the central location of Islamabad and Rawalpindi. It is placed right next to Sector I-14 Islamabad, hence it is easy to approach from Islamabad and Rawalpindi.
Taj Residencia is a developing housing project spanning over a large area. It has received NOC from Rawalpindi Development Authority. A few blocks are already developed, where construction of houses is going on, while remaining blocks are currently under development.
Taj Residencia offers different sizes of residential plots, i.e. 5 marla, 7 marla, 10 marla, 12 marla, 1 kanal and 2 kanal, on 2.5 years installments plan. 5 marla and 8 marla commercial plots are also being offered on 2.5 years installments plan.
There are not only residential or commercial plots on offer in Taj Residencia, but you can also buy luxury villas of different sizes on easy installment plan. These villas offer a turnkey housing solution, so those who cannot spare time and efforts to build their own house can avail this exclusive offer.
It is important to mention here that developed blocks, i.e. Lily, Tulip, Orchid, Gardenia are a bit expensive, while remaining blocks i.e. daisy, iris, marigold, zinnia, geranium, etc, are a bit cheaper in terms of profit rate.
Update: Taj Residencia has launched new booking of 5 marla residential plots at affordable prices with 4 years payment plan under its Pakistan Package. Bookings are open on first come first served basis, and prices are very reasonable as compared with older bookings of Taj Residencia.
Nova City Islamabad
Nova City is a much hyped-up housing project by Nova City Developers on CPEC route near new Islamabad Airport. The project is accessible from Fateh Jang Road, however its main access is planned through a dedicated interchange on CPEC western route.
It is comparatively a new housing project where development work has just commenced. The development contract has been awarded to Maaksons which is a 7-decades-old renowned engineering company having delivered numerous large scale construction projects across Pakistan.
Nova City currently offers 5 marla, 8 marla, 10 marla, 14 marla, 1 kanal and 2 kanal residential plots on 4 years easy installments plan. Bookings are available on 20% down payment, while remaining amount is payable in monthly and semi-annual installments.
Please note that the society had launched 5 marla, 10 marla, 1 kanal and 2 kanal plots in its pre-launch offer which is currently available in market. However, the society has revised its official payment plan and introduced 8 marla and 14 marla plots at revised prices. It is also important to mention that plot prices are inclusive of all development charges.
The Life Residencia
The Life Residencia is a beautiful housing project by Safehand Group right next to New Islamabad Airport. It is accessible through rama road which stems from main Fateh Jang Road a few yards before CPEC western route. It is planned to be developed as a modern housing project with state-of-the-art amenities.
The life Residencia is planned over an area of over 10,000 kanal along PECHS and New Islamabad Airport. The society is currently in pre-launch phase, however initial land development work is going on across the entire scheme up to Rama Dam. The master plan of the scheme has been designed, and it will be released publicly once it is approved by RDA.
It is important to mention that part of The Life Residencia along PECHS falls under RDA, while remaining area falls under TMA Fateh Jang.
The society mainly comprises of residential blocks, signature villas, commercial downtown, and luxury farm houses. The society has currently launched a limited number of residential plots and 5 kanal farm houses at introductory prices on 3 years easy installments plan.
Discovery Gardens
Discovery Gardens is a modern housing project by the renowned Falaknaz Group on main M-2 Motorway right opposite to Capital Smart City. The project lies close to new Islamabad Airport and it is going to get seamless connectivity to central Islamabad and Rawalpindi through Motorway and Rawalpindi Ring Road.
Discovery Gardens is currently in pre-launch stage. A preliminary master plan has been released by the society, however further details about the concept are currently in planning stage.
The society has acquired about 15000 kanals of land, while another 21000 kanals is being acquired for extended developments. Development work has not formally started at the project site, however preparations are being made for official inauguration of the project very soon.
Discovery Gardens Islamabad currently offers a limited number of 5 marla, 7 marla, 10 marla and 1 kanal residential plots on 4 years easy installments plan. Bookings start from about 25% down payment, while remaining amount is payable through monthly or quarterly installments.
PECHS Islamabad
PECHS Islamabad is an RDA approved housing project located on main Fateh Jang Road right along the boundary wall of New Islamabad Airport. It is a very old cooperative housing scheme launched in 1989 by retired government officials. About 80% of the area in PECHS is already developed where few houses are already built and plots are ready to build, while some old blocks have land issues where development work has been stalled for years.
PECHS has launched its new block N right next to its M and K Blocks where residential and commercial plots are being offered on 1.5 years easy installments plan. Plot prices in N Block are quite reasonable and conform to the prevailing market prices of adjacent blocks. Development work on PECHS N Block has already started, and it will take only a few months to hand over possession of plots.
PECHS N Block comprises 5 marla and 8 marla residential plots, as well as 5 marla and 10 marla commercial plots. Plots can be booked from the available options on the map at 25% down payment, while remaining amount is payable in 1.5 years installments plan which is extendable to 2 years.
Conclusion
Even if you have missed many golden investment opportunities to buy land in Islamabad, there are still many lucrative, well-placed, secure and affordable housing schemes available today. You can go through all projects, and then shortlist your options based on your preferred location, budget, and project features.
You can contact us any time for bookings and more details on any of the given projects, or any other residential or commercial projects in Islamabad/Rawalpindi. We are reachable via email at marketing@manahilestate.com or whatsapp at 03455222253.
