The capital city of Pakistan has become home to this new housing society called the Islamabad Cooperative Housing Society. It is located near the Fateh Jang Road in the locality of Fateh Jang Tehsil. This area is getting more and more attention due to the new Islamabad airport that had its inauguration at the start of this year. While the housing society is far from the city center of Islamabad, it is much closer to the new Islamabad airport. One of the major reasons why this housing society is attracting attention is the fact that it is incredibly affordable.
The extension zone is particularly more affordable but of course that is going to take quite a bit of time to pan out. That is why Islamabad Cooperative Housing Society is being called a lucrative long term investment. Usually investment opportunities in the real estate sector target the upper middle and the upper class. Due to this reason the middle class individual finds it difficult to invest in these opportunities. But this housing scheme has plots that can be easily bought by the middle class income buyers who are trying to look for great long term investment.
The planning of this housing society has been divided into two phases. The first one and the higher priced of the two is the Phase 1 of this project. The price of the 1 kanal plots falls between a lower limit of PKR 2.5 million and an upper limit of PKR 3.5 million. The price of the 5 Marla plot goes up to PKR 1.1 million. This pricing is higher than that of the plot in the Extension Phase where the 1 kanal plot is priced at a maximum of PKR 1.3 million and the 5 Marla plot is priced at a maximum of PKR 550,000.
According to our reviews, this housing society project is not suitable for the run of the mill short term investor. It is however somewhat suitable for a midterm to long term investor who can afford to let the property stay in his possession for 5 years at least. In the meantime the project will be well on its way towards completion and CPEC will also have advanced or come to its promised state.
A 100 feet long road has been planned to connect this housing society to the CPEC. That is bound to generate more interest and increase the prices a great deal. For more details stay tuned to our website.
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