In the past few years, the population of Pakistan has increased dramatically, consequently creating a demand for new housing societies. There is one particular housing project that offers affordable accommodation to the people living in Khyber Pakhtunkhwa (KPK), especially in Dera Ismail Khan.
The D.I. Khan New City is a modern gated community located just outside the main city of Dera Ismail Khan. This residential community will have all facilities and amenities to attract people from different parts of KPK. To provide a complete overview of the housing society, Graana.com, Pakistan’s smartest property portal, has outlined all that you need to know about this upcoming project in D.I. Khan.
Dera Ismail Khan New City: Overview
Located in the Jahangirabad area of D.I. Khan, this new housing project will be the perfect blend of affordability and luxury as the developers are aiming to provide a modern lifestyle at low prices to the people of KPK.
This real estate project from the JK&S Global Developers gained some traction after the completion of the CPEC western route.
Nearby Areas
The best thing about this residential project is that it can be accessed through important nearby areas. Some of them are:
- CPEC Western Route (15-minute drive away from the housing society)
- Yarik Interchange (15-minute drive away)
- D.I. Khan main city (a 25-minute drive away)
- Chashma City (25-minute drive away)
Features of Dera Ismail Khan New City
Besides the location of the society, the housing project will have all the basic and modern facilities that people look for in any gated community.
Some of these are mentioned below.
24-Hour Security
This will be a gated community with 24/7 security surveillance through CCTV and regular patrolling by the security personnel. Apart from these measures, society will have high boundary walls.
Medical Complex
The housing society will have a hospital that will have all the latest equipment and well-trained staff. Residents will have access to all emergency and clinical services in one place.
Educational Institutes
To provide quality education, the community will have all renowned international and local schools and colleges.
Fast Internet Service
The housing society will have fibre internet service that will provide a high-speed internet connection to the residents.
Underground Electricity System
Just like any other modern gated community, D.I. Khan New City will have an underground electrical system that will ensure a constant supply of power to the residents, especially during high winds.
IT Park
The housing society will have a state-of-the-art software technology park, which will have the offices of various leading technology and science-related firms.
Sports Facilities
To promote a healthy environment in the housing society, this real estate project will have sports complexes and playing areas for the residents, with all the latest sports facilities.
Theme Park
According to the master plan, the housing scheme will have a theme park that will have various rides for both kids and adults.
Shopping Malls
There will be a dedicated area for shopping malls that will house various local and international brands, as well as a food court that comprises international and local food chains.
Marquee
In order to provide convenience to the residents, this housing scheme will have a beautifully designed marquee where residents can host different events.
Investment Options in D.I. Khan New City
Apart from the extensive line-up of amenities and facilities in the society, the big selling point of this residential community is its location, which makes it an ideal investment opportunity for the people living in KPK. This housing project is approved by the Tehsil Municipal Administration of Dera Ismail Khan.
They have given the NOC to society, which is why it is safe for you to invest.
If you’re willing to invest in this housing project, there are different residential plots available in the society. They are available in the following sizes.
- 5 marla
- 11 marla
- 1 kanal
Currently, the developers are only selling the plots in the aforementioned sizes. However, according to the master plan, the society will have commercial plots, apartments, farmhouses and villas in the future.
Payment Plan of Dera Ismail Khan New City
If you’re planning to invest in the housing society, the following is the complete payment plan for residential plots.
| Sr. no | Area | Net Price | 30% Down Payment | 30 Monthly Instalments | 10 Quarterly Instalment | 10% On Possession |
| 1 | 5 marla (25X45) | 1,300,000 | 390,000 | 26,000 | 78,000 | 130,000 |
| 2 | 11 marla (35X70 | 2,860,000 | 858,000 | 57,200 | 171,600 | 286,000 |
| 3 | 1 kanal (50X90) | 5,200,000 | 1,560,000 | 104,000 | 312,000 | 520,000 |
The housing society will charge 10% for corners, main roads, and park-facing plots. They will also charge 15% more for plots located on the 100 ft. wide avenue.
The management of the society is also offering discounts; if you give a full payment for a plot, you will get a 7% discount on the full upfront payment. In case of half an upfront payment, you will get a 3% discount.
The rates of plots in this residential community are quite reasonable when you compare it with other residential projects. This is why it is a great opportunity for people looking for affordable investment opportunities.
However, it will take some time for society to be developed, which is why you can expect returns on investment in a short period of time. You have to wait for a few years for the prices of the plot to appreciate. Besides the future gains on your capital, this housing society will be a great place to live as it will offer a lavish lifestyle at affordable prices.
To know more about investment opportunities in KPK, visit Graana blog.
