Park View City Islamabad is a pious project of The Vision Group owned and founded by honorable Aleem Khan, Senior Minister of PTI. The Project is a true definition of extravagance and tranquility. It is a private, gated housing society with most lavish residential and commercial options. The private residential housing scheme is incorporated with the state of the art development work, brilliant architecture, and modern amenities. It is an ideal housing project for its occupants and visitors alike.
Park View City Location
The society is located at Malot road opposite Bahria Enclave in the zone VI of Islamabad. It is planned on the Malot village, at a distance of only 15 minutes from Zero Point Islamabad.
You can drive to the project from Kashmir highway to Kurri road where a 200ft wide road will lead you straight into the Gate 1 of the Park View City. You can also get access via main Jinnah Avenue to Malot Road.
The total area reserved for the construction of this society is 1200 Kanal. This area is further divided into blocks and plots to accommodate the investors.
Park View City NOC
The Park View City is a CDA approved housing society that obtained its certificate on1st June 2018 for all the blocks including the extension areas of the project.
Park View City Project Details
The project is divided into different residential and commercial blocks comprising of residential plots of 5 Marla (26”x 50”), 8 Marla (30”x60”), 10 Marla (23”x70”), 1 Kanal (50”x90”) & 2 Kanal (75”x120”). In Commercial blocks plots of 6 Marla (35”x40”) & 8, Marla (40”x45”) are available for sale.
Here is the masterplan map of Park View City Islamabad for a detailed overview of its blocks.
Park View City Payment Plan
The society is offering the following payment plan on an easy two-year installment plan:
The construction work in society is happening at a fast pace. The officials of this mega project want to deliver the results timely. A & B Blocks are fully developed and ready for possession. The development work in the remaining blocks has also begun, and the plots will be delivered to their respective owners soon.
Amenities Offered at Park View City
The housing society is a modern one and has all the lavish facilities to complement its nature, including:24/7 supply of water, gas & underground electricity Terrace housing plan Health center Schools, colleges & library Imax cinema & commercial downtown Hotels, restaurants & shopping centers Golf course & lake Foolproof security system Stadiums & courts Beautiful mosques Extensive network of carpeted roads Community club Zoo, parks, and playgrounds Modern infrastructure & elegant planning Park view heights Botanical garden
Pros and Cons of Park View City Islamabad
Pros Cons Beautiful Location Relatively Costly Fast Development Convenient Plot Sizes Eco-friendly Environment Good installment plan Legally secure Maximum Return on Investment Load Shedding Free Zone All basic and lavish facilities available
Why Should You Buy a Plot in Park View City?
Park View City has managed to attract local as well as international investors to invest in the properties in Zone IV of Islamabad.
The prime reason behind its popularity is the serene location with mesmerizing views all around, state of the art development and exclusive facilities. The friendly neighborhood is an excellent destination for families. The safe and secure environment makes this place a gold mine for nature lovers. The quality of development and infrastructure is another key feature that distinguishes this housing project from the other housing projects such as Capital Smart City and University town. The Mediterranean style houses on the hillside are another attractive feature introduced in Park View City for the first time in Pakistan.
The convenient plot sizes and endless commercial opportunities available in the project is another reason to invest in this auspicious housing scheme. The housing project has been in the market for quite some time now, and the market trend of the properties observed has been impressive. It is one of the most secure investments that will give u a good return on invest both long-termed and short-termed.
Possession of Plots in Park View City
The development work done by the management of this project is nothing short of a miracle even though it’s only been a year since CDA has granted the project with a NOC. Already more than half the blocks are developed and been delivered to their owners, construction work on approximately 50 houses is underway and more projects are in the pipeline. Increased market activity is observed in the fully developed blocks where possession is granted, mostly the small size plots are popular and show good investment potential.
Market Trend Seen In Park View City
Due to high demand, plot prices have increased in society gradually for a while due to a very easy payment plan and the most feasible location. The development work is also one of the key features that have pushed the prices of plots in this region to increase. The high ranked Bahria Enclave has also played a part in increasing value to the project.
The demand for 5 Marla Plots is much higher because they are much easier to trade-off. However the investors also seem to be interested in 1 Kanal plots. With the quality and pace of development work observed in blocks C, D, E, and F, the stakeholders are now looking forward to the development of remaining blocks.
Some people might argue that this housing project is bit expensive and pricier than most housing societies available in the region, but we think that the unmatched location, majestic views of the surroundings and the most luxurious amenities offered in Park view City make the cost worthwhile. The NOC and easy two-year installment payment plan also contribute in making this society highly convenient and profitable investment.