Islamabad’s real estate has emerged as one of the most lucrative avenues for investment over the past decade. Against the backdrop of mountains and natural scenery, modern architectural designs in Islamabad present a picture-perfect view of the city.
The city also presents ample opportunities to invest in a range of commercial, and residential properties. But here, you’ll find luxuriously designed apartments that overlook the hills, or farmhouses on the foothills — this adds to the eclectic nature of Islamabad’s realty sector.
However, if you are looking to invest or want to build a home that is accessible and cost-effective, you should consider 5 marla plots. Let’s now take a look at 5 marla residential plots on cash in Islamabad.
BEST AREAS FOR 5 MARLA PLOTS IN ISLAMABAD
The market for 5 marla plots has done surprisingly well, in terms of how trading for this particular plot size has picked up pace since 2018. An increasing number of housing societies are, therefore, introducing 5 marla plots.
GULBERG RESIDENCIA
Gulberg Residencia is situated 7 km from the Islamabad Expressway and 10 kilometres from the GT Road. This society is a project of the Intelligence Bureau Employees Cooperative Housing Society and has been approved by the Capital Development Authority (CDA).
Despite being a cooperative society, it has received MOUs from IESCO and SNGPL, which means electricity, and gas connections have already been provided for in this housing society.
This planned housing society has dedicated green spaces so residents can have a good time enjoy the open air and enjoy themselves. Apart from this, the project will also have schools, shopping outlets, and a hospital.
The development has been completed in Sectors I, F, D, and V and possession is also available here. Plot sizes of 5 marla are only available in Sectors AA1, and AA2 but as these have not been developed yet, possession will take about 2 to 3 years. However, our sources have revealed that investors are currently heavily interested in these sectors, which in itself is driving up the prices.
BAHRIA ENCLAVE
Bahria Enclave Islamabad is a project of Bahria Town, a leading name in Pakistan’s real estate sector. It is located approximately 8 km drive from Chak Shahzad which is close to Park Road and the Kuri Road.
As Bahria is known for its unique features and amenities and a safe community lifestyle, this project too features open green spaces, a mosque, hospital, a commercial mall with restaurants, and a zoo. Apart from this, the project will also feature Jamiah Mosque and 100-feet wide roads, underground electricity connections, and other utility connections.
All development work has been completed in Blocks A, B, E, F, G, H and I, and possession is also available. In all of these sectors people have also started building their houses, taking advantage of the availability of possession and utility connections.
On the other hand, 5 marla plots are available in sectors B, H, and N, which for now is seeing a lot of trading activity mainly from investors. If home buyers also take advantage of this, they will be sitting on valuable property in 5 to 10 years.
PARK VIEW CITY
Park View City Islamabad is located on Malot Road, in a beautiful hilly area surrounded by Botanical Garden with serene views. This place is perfect to enjoy beautiful sunsets and feel the first rays of sun. The main entrance of this society is from Rawal Chowk, and has two gates that give access from Bhara Kahu as well. This location is ideal for people looking for a peaceful place to settle down in and enjoy breathtaking views of Islamabad. This project has been approved by the CDA, has all necessary utility connections, and a 200-feet wide main boulevard.
Development work is completed in blocks A, B, and H along with possession. On the other hand, development in J Block will start by March 13 and possession will be available within 1.5 years, as the map of this block has also been approved already. Blocks A, B and J are offering 5 marla plots. In A and B, plots are available on cash, whereas in J the buyers can buy property on a 2-year instalment plan.
B-17 MULTI PROFESSIONALS COOPERATIVE HOUSING SOCIETY
MPCHS B-17 is situated at the foot of Margalla Hills, is an excellent community that offers its inhabitants with a stunning scenery and a serene environment. B-17 Multi Gardens was inaugurated in 2004, but the community goes way back with the initiation of its 1st residential project in E-11/3 named Islamabad Gardens in 1989 and E-11/1 in 2001.
This housing community is close to both GT Road and Peshawar- Islamabad motorway, and the road linkages under Kashmir Highway, leading to Islamabad International Airport and Zone II. This project has been approved by the CDA and spans over 16,000 kanals.
Development work here has been completed in Blocks A, B, C, D, E and F and possession is also available. A lot of people have started building their houses here as well and you’ll see a completed commercial area as well. However, in some parts of D, E, and F you’ll also see some non possession areas, but the developers are all open about information here so you can always ask before buying here. In Block G, development work is, as of March 2021, underway.
You can easily find 5 marla plots in sectors C1, F, and G. Our sources have told us that there is increased activity in 5 marla residential plots by both genuine buyers and investors. This is because of competitive prices here.
TOPCITY-1
TopCity-1 is a housing society that spans 9,081 kanals and boasts of urban infrastructure and the natural beauty of the surrounding area. The dedicated green spaces and sheer attention to detail make it one of the most environment-friendly living destinations in Pakistan. TopCity-1 has also been approved by the Rawalpindi Development Authority, more commonly referred to as RDA.
While the urban infrastructure of TopCity-1 is definitely something to marvel at, the dedicated green spaces and sheer attention to detail make it one of the most environment-friendly yet ultra-modern residential communities in Pakistan. The master plan of TopCity-1 features a scenic circular layout at its very heart, with beautifully designed homes, villas and elegant apartments placed neatly around it.
The residential units in the society are well-connected to the five-star hotel, office buildings, shopping centers, mosques , zoo, institutional zone and other top-notch facilities by a network of wide roads and curved parkways.
Development work in this housing society has been completed in Blocks A, B, C, and D, according to our sources. Blocks A and D have 10 marla plots, whereas in B and C you can find 1 kanal residential plots. Possession is available here and people have started constructing their houses as well. After these four blocks, construction is now ongoing in Block I which features 1-kanal plots, and the developers have announced that possession will be given within this year.
In Blocks F (featuring 10 marla and 1 kanal plots), and G (which features 5 marla plots) plot cutting has been done along with ballot and within 1-1.5 years, buyers can start building their homes. In H Block, there will be farmhouses of 4 kanal each, as well as an educational city and a dedicated commercial avenue.
The rapid pace with which TopCity-1 has been developed and the amenities that it boasts of, within a small period of time you’ll notice that prices here will skyrocket again. As plots are available on cash with plot numbers, you don’t have to worry about anything other than reaping the economic benefits of your investment.
Origin: zameen.com
