Islamabad is the capital of Pakistan and considered as one of the most beautiful and well-planned cities in the world. It is also a hub of economic, political and cultural activities, plus it offers a variety of options for living, working and investing in real estate. But how do you know which Islamabad real estate projects to invest in?
How do you make sure that you get a good return on your investment? And what are the current trends and challenges in the Islamabad property market?
Graana.com covers all these details below, and provides some useful tips and insights on how to invest wisely in the Islamabad real estate market. The blog also highlights some of the best investment opportunities in the city that you should not miss.
Why Invest in Islamabad Real Estate?
There are many reasons for investing in the real estate market, including:
High Demand
The city has a growing population that needs housing and commercial facilities. It is projected to reach 2.5 million by 2025. This growth has spurred an increase in demand for residential and commercial properties in Islamabad.
High Returns
Islamabad real estate offers higher returns on investment as compared to other cities in Pakistan. According to an estimate, the average price of houses for sale in Islamabad increased by 9% from January 2022 to January 2023. Similarly, the average price of flats for sale in Islamabad increased by 11% during the same period.
High Quality
The market of Islamabad real estate features high-quality standards of construction, design and amenities. The Capital Development Authority (CDA) regulates and monitors all development activities in the city.
Moreover, many new housing societies and projects are being built by reputable developers, who offer modern facilities and features such as smart technology, security systems, green spaces etc.
What Are the Benefits of Buying or Investing in Islamabad Real Estate?
There are many reasons why tapping into the Islamabad real estate market is a smart choice for buyers and investors. Some of them are:
- It has a high demand for residential and commercial properties in Islamabad due to its growing population, urbanisation, tourism, business opportunities and development projects.
- Islamabad has a stable and secure environment compared to other cities in Pakistan, with low crime rates, good governance, efficient administration and quality infrastructure.
- The capital city has a high standard of living, with access to quality education, health care, entertainment, shopping malls, restaurants and cultural events.
- It has a diverse and cosmopolitan culture that welcomes people from different backgrounds, religions and ethnicities.
How Can You Invest Wisely in Islamabad Real Estate?
Investing wisely in the Islamabad real estate market requires some research, planning and strategy. Here are some tips that can help you make informed decisions.
Budget
Before buying any property in the city, you should know your budget and financial goals. You should also consider factors such as maintenance costs, taxes, loan interest rates etc. You should invest according to your affordability and risk appetite.
Purpose
Before investing in any property, you should know your purpose and expectations.
- Are you looking for a home to live in or rent out?
- Are you looking for a shop or office to run your business or lease out?
- Are you looking for short-term or long-term gains?
You should always invest according to your needs and objectives.
Location
Following are some of the factors that most people consider when choosing the right location.
- Do you want to live or work near markets, schools, hospitals, parks etc.?
- Do you want to live in the centre of the city or on the outskirts to enjoy a more peaceful environment?
- Do you want easy access to public transport?
You have to invest according to your lifestyle and convenience.
Project Details
Before investing in any property, you should know the following project details.
- Who is the developer?
- What is their reputation?
- What is their track record?
- What are their credentials?
- What is their legal status?
- What are their payment plans?
- What are their delivery timelines?
- What are their features and facilities?
You should invest if the project in question seems reliable and promising.
Which Types of Real Estate Investments Are Available in Islamabad?
There are several types of real estate investments available in Islamabad, catering to a range of preferences and investment goals. Here are some of the most common types:
Residential Properties
These include apartments, houses, and plots that are specifically designed for residential purposes. Investors can purchase these properties for rental income or resale purposes.
Commercial Properties
These include properties such as office buildings, shopping centres, and retail outlets. Investors can purchase these properties for rental income or to set up their own businesses.
Industrial Properties
These include warehouses, factories, and industrial parks. Investors can purchase these properties for rental income or to set up their own manufacturing or industrial operations.
Which Are the Best Investment Opportunities in Islamabad?
Following are some of the top investment opportunities in Islamabad real estate.
IMARAT Residences
IMARAT Residences, a flagship project of the IMARAT Group of Companies, is situated on the Islamabad Expressway, offering a micro-apartment model with an array of amenities and facilities to its residents.
Located in a prime area, IMARAT Residences aims to redefine luxury living for the residents of the twin cities, providing them with state-of-the-art facilities such as infinity pools, lush green gardens, business cafes, and more. The project is powered by smart technology, promoting an affordable and sustainable lifestyle for its residents.
This CDA-approved smart living project is conveniently located just a 10-minute drive away from Zero Point Islamabad, providing easy accessibility to people living in the twin cities.
Mall of IMARAT
IMARAT Group is committed to delivering innovative residential and commercial projects, and the upcoming Mall of IMARAT is a testament to that. Conveniently located on Islamabad Expressway, it is opposite PWD and in close proximity to well-established housing societies such as Bahria Town and Gulberg Greens.
The Mall of IMARAT will feature an extensive range of local and international retail outlets, a food court, a cinema, office spaces, and a dedicated play area for children.
Following is the list of some of its most notable features.
- Business and expo centres
- Thematic floors
- Luxury retail
- Exclusive parking space
- Food court
- Biggest kid’s play area in Pakistan
- Entertainment hub
- Wellness club
- Harley centre
- Grand Bazar
- Exquisite fine dining
Park View City
Park View City is a CDA-approved residential project by Vision Group. It has a prime location on Park Road near Chak Shahzad and Bani Gala, and can be directly accessed from Srinagar Highway.
The project features underground electricity, a 200 feet-wide main boulevard, a gated community, 24/7 security, schools, hospitals, mosques, shopping malls, cinemas and other facilities. Park View City is an ideal investment opportunity for those who want to enjoy a modern lifestyle in a serene environment.
Sector F-6
This is one of the oldest and most expensive sectors in Zone I. Located near the Margalla Hills and Blue Area, it features spacious houses with scenic views and modern amenities.
It is also in close proximity to markets, schools, hospitals etc. This sector is ideal for people who are looking to invest in rental properties as the houses in sector F-6 can yield a greater return on a monthly basis.
DHA Islamabad
This is one of the most sought-after housing schemes in Zone V, developed by the Defence Housing Authority (DHA). It has multiple phases that offer modern villas, houses, apartments
and plots with state-of-the-art facilities. When it comes to real estate investment, DHA is highly sought-after due to its prime location, the availability of different types of residential and commercial plots, positive returns and more.
Top City-1
Top City-1, launched in 2012, is the most profitable real estate investment near Islamabad International Airport. This modern real estate project is strategically located just 8 kilometres from the airport, at the intersection of the Islamabad-Peshawar Motorway (M-1) and the Islamabad-Lahore Motorway (M-2).
It is accessible from both Airport Avenue and Srinagar Highway. The gated community spans over 1828 acres and is divided into different blocks named A to H, with some blocks already developed and others in the initial stages of development.
All blocks in Top City-1 offer basic facilities and modern amenities such as a gated community, smart security surveillance system, underground electricity cables, parks, green belts, educational institutes, medical centres, and commercial areas.
Investors have the option to choose from a range of residential and commercial properties available for sale, including 5 and 10 marla residential plots, 1 and 2 kanal residential plots, and 5 marla commercial plots. If you’re considering investing in Top City-1, this diverse range of options makes it an attractive prospect.
In conclusion, Islamabad’s real estate market offers a variety of investment opportunities for individuals with different goals and budgets. With its strategic location, modern infrastructure, and rapid development, the city has become a hub for real estate investment in recent years.
For more information, visit Graana.com.
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