Park View City Price Index is Increasing: Invest Now!
Park View City Islamabad is one of the bestselling real estate projects in Islamabad with a wide variety of plots and real estate properties. Located near Bani Gala, on Malot Road, this project is positioned amongst the other expensive housing societies such as Bahria Enclave and Park Enclave Islamabad.
However, comparing the prices, we can say that this real estate projects is one of the most affordable real estate endeavors in the region. As the prices are still low, and expected to take in a few years, this time is considered to be the best for investing in this outstanding real estate destination in Islamabad.
This article includes the details of Park View City’s price index and how the rates are changing with time.
Price Index and Overall Demand
As the demand for plots in Park View City has been increasing with time over the past few years, this has resulted in a steady rise of the overall price index. This means that a few years ago, the prices were almost half the prices of today.
This shows that the price index has been increasing at a gradual pace, and it is expected to rise exponentially in the upcoming few years.
Progress and Development
A major reason behind the increasing prices in Park View City Islamabad is the rate of development. Once the development in this real estate projects is completed by the Vision Group construction company, this housing society will have higher rates; equal to those of Bahria Enclave Islamabad.
Consequently, it is established that Park View City price index is about to be increased as progress and development further takes place. Therefore, we advise investors to avail this time as an opportunity to invest and earn maximum returns.
Read Detailed Blog: PARK VIEW CITY ISLAMABAD DETAILS, LOCATION & PRICE
Park View Investment Index
Coming to a more statistical analysis of the overall investment index, the overall prices in Park View City were extremely low before the NOC approval by CDA. Once the NOC was approved, the society saw 5% increase in the overall rates.
As the development started, the prices started to further increase, and investors started coming in after witnessing these increments. The price trends started to increase, and even 5 Marla plots prices in Park View City were increasing significantly. Similarly, the value of plots of other sizes also started to increase resulting in investors trying to secure the lowest price possible.
Recently, the prices are quite consistent, and they are expected to increase in the near future. Therefore, this is considered to be the best time to invest as market trends are favorable and development work in Park View city is continuing with good pace.