10 Reasons to Invest in Overseas block- Park View City Islamabad
The real estate market of Islamabad is one of the most dynamic and growth-oriented. The reason for this growth and dynamism is perhaps the fact that Islamabad is the capital of Pakistan and any reform or legislation directly influences the real estate market of the city. According to the real estate experts of the region, Islamabad’s real estate market has grown exponentially after the incumbent government has introduced a series of reforms and relief packages. The relief packages come in the shape of much-needed tax reduction. Prior to this, the tax rates were mammoth for real estate transactions and most of the veteran and new real estate investors did not really want to invest in a market where their profit margins were greatly reduced due to heavy taxation.
Times have now changed and the relief package has once again triggered the real estate market to an upward growth trajectory. Islamabad has a lot of options for investment. However, most of these investment options come in the shape of real estate projects that are housing centric. The Park View City Islamabad is one of those real estate projects that have proved to be an investment magnet in Islamabad. The park view city Islamabad is divided into 10+ subsectors and the overseas sector of this housing scheme is one of the newest. Here is a list of reasons to invest in Park View City Islamabad overseas sector:
The first thing that needs a green tick when considering a real estate project for investment comes when the developer has a reputable background. The Park View City Islamabad is being developed by the Vision Group which is one of the most reputed real estate conglomerates of Pakistan. The Vision group is headed by Mr. Aleem Khan – a renowned Pakistani politician and real estate tycoon. Apart from Park View City Islamabad, the vision group has also delivered some of the best real estate projects across Pakistan. The overseas block of the Park view City was announced in 2019 and it is a fully integrated segment of the housing society.
The Location of Park View city Islamabad is of prime importance. The housing scheme is located in Islamabad’s premium zone IV and sits on the foot of the majestic Margalla Hills. The society has an entrance from the main Malot road that is an offshoot from Islamabad’s Kurri Road. It only takes 20 – 25 minutes from Blue Area Islamabad to reach Park View City. The overseas block of the park view city Islamabad is located very near to the main entrance of the housing scheme. The surrounding blocks such as A, B, D, and H are already developed and possession-ready. This makes the location of the overseas block a prime locale.
Another reason that investors consider when investing in the overseas block of the Park view City Islamabad is its price point and affordability. The 5 Marla plots in the overseas block start from as low as 4.5 Million PKR. Whereas the plots of the same measurement in blocks A, B, D, and H start from 6 million at least. The investors immediately get a strategic advantage of 1.5 million when they invest in the overseas block of Park View City Islamabad. The pricing advantage is massive when compared to the other blocks of the society. Also, the infrastructural development work in Park view City Islamabad’s overseas block is rapidly ongoing and, according to the developers, it is set for possession within a couple of months.
Unlike most of the other housing schemes in the region, the Park view City Islamabad is a legally commissioned housing scheme. This means that Park View City Islamabad has a No Objection Certificate from the Capital Development Authority for planning and development permission. Although the overseas block of the Park View City Islamabad was launched recently, the CDA NOC covers the legitimacy of this block as well. It is important for a housing scheme to be legally commissioned through a NOC from CDA in Islamabad. In case the NOC is absent, the housing society at large is illegal and comes with a myriad of legal repercussions for the investors and future homeowners.
Gated Community with a separate Gate:
The Park View City Islamabad is a proper gated community that offers the best security to its residents. The Park View City Islamabad overseas block is all set to have its own separate entrance and a gate. This will make the area more secure.
The Park View City Islamabad’s overseas block is all set to have its own parks and recreational areas. The overseas sector has more parks than the rest of the sectors of Park View City Islamabad.
The overseas block of Park View City Islamabad will have free internet hotspots located throughout the sector. According to the developers of Park View City, the overseas block is set to the best 1st smart urban settlement of Islamabad’s Zone IV.
Separate Mosques and Commercial Areas:
The Park View City Islamabad will have separate sector mosques located at convenient locations throughout the block. Apart from this, the mini and central commercials of the Park view city overseas block will be dedicated to the residents of this sector.
3 Years Easy Installment Plans:
The Park View city Islamabad’s overseas sector is one of the most affordable housing projects in the area. The plot prices in Park View City Overseas Block start from as low as 4.5 million pkr. Apart from this, the investors and future homeowner of the overseas sector can also book their plots in installments. The installments of Park view City overseas block are spread over a convenient period of 3 years.
The Park View City Overseas Block – best Investment
The overseas block of Park View City Islamabad is one of the best investment options that one can go for in Islamabad. Deal & Deals is a premium real estate marketing company of Islamabad and is a platinum sales partner of Park View City Islamabad. Buying plots in Park View City Islamabad through Deal & Deals is one of the best options because you will be able to avail of great discounts and exclusive prices. If you want to book a plot in Park View City Islamabad’s overseas block, then fill out the form below, and one of our Park view city investment specialists will get in touch with you as soon as possible.
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