Tag: Property Review

  • Pakistan Town Islamabad: Property & Society Briefing

    Use this briefing to compare Pakistan Town’s phases, plot sizes, commercial options, and rental math before shortlisting a property in southeastern Islamabad. The society is an established residential project with a long history, full utility connections, and a location close to several major housing schemes. History and phases Pakistan Town began under the Intelligence Bureau Employees Cooperative Housing Society (IBECHS). The society was formed in the early 1980s and registered with the Registrar of Cooperative Societies Islamabad on April 24, 1983. Work started soon after and was rolled out in phases. Phase 1 was laid out between 1982 and 1983 and covers about 1,272 kanals. It is the oldest and most settled part of Pakistan Town, with built homes, local markets, and mature streets. Phase 2 came around 1988 to 1989 and covers about 537 kanals. Its internal roads are wider and its layout is more updated than Phase 1. Phase 3, commonly called Gulberg, was added in the early 2000s, around 2003–2004. It is known as Gulberg Greens and sits along the main Islamabad Expressway. Location and access The project is in southeastern Islamabad and is surrounded by Korang Town, PWD Housing Society, Bahria Town, and DHA. It is about 9 to 10 kilometers from Koral Chowk along the Islamabad Expressway corridor. Drivers coming from Faizabad, Khanna Pul, or Koral Chowk can enter through the link road that branches from the PWD roundabout. Pakistan Town has its own dedicated access route rather than relying only on congested central corridors. Korang Town is immediately adjacent and shares the link-road connection, but it has a separate entrance from the Islamabad Expressway. Utilities and daily needs Pakistan Town has the core infrastructure in place. Electricity and water supply are continuous. Underground Sui gas infrastructure is operational. Telecom and broadband internet coverage is available. The neighborhood also has working mosques, local schools, daily grocery stores, pharmacies, and small community plazas. Residential plot prices Residential plot values vary by plot category, phase, block, street width, corner orientation, and park-facing position. The following ranges show how the market is generally split. Phase 1: • 5 Marla plots usually trade between PKR 1.25 crore and PKR 1.40 crore. These are entry-level residential plots for compact home builds. • 10 Marla plots are generally priced between PKR 1.85 crore and PKR 1.90 crore. That works out to an average of about PKR 18 to 20 lakh per marla. Phase 2: • 5 Marla plots range from about PKR 1.40 crore to PKR 1.50 crore. • 1 Kanal plots command between PKR 2.50 crore and PKR 2.75 crore. Phase 2 values sit above Phase 1 because of wider street layouts and a somewhat more modern environment. Commercial property Commercial activity is strong, mainly along the active PWD commercial spine that connects directly to Pakistan Town’s boundary, and within designated internal commercial strips. • 2.5 Marla commercial plots in designated pockets of Phase 1 and border sectors are typically around PKR 1.25 crore. They suit small multi-story commercial buildings. • 3 Marla commercial plots in Phase 2 commercial strips are available for about PKR 1.25 crore to PKR 1.50 crore. • 5 Marla commercial plots trade between PKR 2.0 crore and PKR 2.25 crore. • 6 Marla commercial plots start around PKR 2.50 crore and above, depending on frontage and footfall. Rentals and construction costs Rental yields are strong because housing demand along the expressway corridor is high. A newly finished 5-marla independent portion can command monthly rent of PKR 55,000 to PKR 60,000. For investors building homes, basic single-story grey-structure and finishing work on a standard 5-marla house typically adds PKR 60 to 70 lakh to the land cost. Premium architectural finishes require higher spending. When land acquisition, construction expenses, and resale profit margins are factored in, ready-built homes in the area reflect substantial finished valuations. Drawbacks to weigh Pakistan Town has mature amenities and official cooperative society oversight, but buyers should consider two logistical issues. Phase 1 streets are notably narrow. Many are under 20 feet wide, which can limit vehicle movement and visitor parking. The main access route through the PWD roundabout gets heavy traffic during peak school and office commute hours because so many surrounding societies use the same area. Bottom line For buyers who want an established Islamabad community with complete utility connections, reliable security, and a clear cooperative title history, Pakistan Town is a practical alternative to the capital’s more expensive CDA sectors. Its standard residential plot cuts, dedicated commercial centers, and consistent rental demand make it a focal point along the southern Islamabad corridor.

    کیا آپ رئیل اسٹیٹ مارکیٹ کے تازہ ترین رجحانات سے باخبر رہنا چاہتے ہیں؟
    محفوظ اور منافع بخش سرمایہ کاری کے فیصلوں کے لیے ہمارا آفیشل واٹس ایپ چینل آج ہی فالو کریں! ہم آپ تک پہنچاتے ہیں مارکیٹ کی درست ترین معلومات اور بروقت تجزیات۔ 📈✨

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