Housing Schemes in Islamabad on Installment

Buying a house is an important decision in life. Many local and overseas Pakistanis spend their hard-earned savings to buy their own house. For this reason, it is important to look for property options that not only safeguard your earnings but also offer a good return on investment. If you ever need to sell your property after some time, you should at least be able to make some profit on your initial investment.

Islamabad, the capital of Pakistan, has a powerful real estate economy. Many families have profited from investing in golden opportunities in Islamabad. While the main CDA sectors of the city cannot be afforded by everyone, there are many cost-effective housing schemes introduced in the less-developed zones of Islamabad, such as Zone V.

Purchasing property in a CDA approved housing scheme of Islamabad has many benefits. These schemes adhere to all of the development rules and regulations governing the area. You get access to all the basic provisions of life. Property prices tend to rise in these schemes at a good rate.

Many people have fallen victim to unapproved housing schemes in Islamabad. CDA offers a list of unapproved housing schemes of Islamabad. By investing in an approved housing scheme, you save your investment from fraud. Additionally, you must also ensure the property documentation and transfer procedures of the concerned housing scheme are observed. For information about the relevant transfer rules, visit the society's management body.

If you are unable to pay a lump sum amount for the property purchase, you should look for any housing scheme in Islamabad on installment. You have to pay an initial down payment, which is usually determined as a percentage of the plot's total cost. The remaining payment has to be completed in monthly or quarterly installments.

Housing scheme in Islamabad on installment are usually available below market price because the land isn't fully developed yet. You may not get immediate possession of the plot. It is important to check the CDA-issued NOC of the housing scheme. You should also consider meeting the society's management office to inquire about the project.

New housing schemes in Islamabad, such as Gulberg Islamabad and Senate Housing Society are CDA-approved societies that offer significant investment opportunities. Gulberg Islamabad is already grown significantly. A new Gulberg Highway starts from Islamabad Expressway opposite Islamabad Airport Society. The highway leads you to Gulberg's entrance, main office, and the residential projects.

While Gulberg Islamabad prices have increased significantly as the project completes 3 to 4 years, Senate Housing Society offers lucrative new plot booking opportunities at the moment. Senate Housing Society is a registered housing society that is fully approved by CDA. However, it lacked road access that hampered the society's development. Currently, Senate Housing Society has procured new pieces of land through an agreement with Fazal e Rabi group. The new pieces of land connect the society to Japan Road that also runs from Islamabad Expressway after Naval Anchorage.

The additional land is being developed into two new blocks of the society. Development work is being completed at a fast pace. A number of reputable real estate consultants with decades worth of presence in Islamabad and Rawalpindi are involved in the project. The project also has the backing of the Senate of Pakistan.

This is an excellent investment opportunity in Zone V of Islamabad. The area has terrific landscape and offers excellent lifestyle. Several universities and colleges are opening in the region. It is also a safe territory adjacent to Kahuta's military and para-mlitary deployment.

7-marla (60x30) plots are currently available for new booking. Total price of plot is Rs 12,50,000, which is quite low compared to the market price of the region. The initial down payment is Rs 375,000 while 6 quarterly installments of Rs 145,833 must be paid in 1.5 years. Possession will be handed over in 1 year.

To connect with an authorized consultant dealing in Senate Housing Society's new booking or for any other query, please feel free to get in touch with us.