Pakistan’s first intelligent city Project name, “Capital Smart City (CSC) was established here in Islamabad. A significant number of investors, buyers and realtors attended the grand launch service of CSC. Group Chief Operating Officer (COO), Muhammad Aslam Malik in his opening remarks said, “we’re the first ever wise town in Pakistan and the only society using a licensed interchange on motorway”.
OWNERS and DEVELOPERS
CSC is an initiative of FDH (Future Development Holdings) in cooperation with HRL (Habib Rafiq Private Limited, Top Real Estate Developer of Pakistan), on the M2 Motorway near New Islamabad International Airport.
COO advised the participants who FDH and HRL both possess an established track of a good deal of successful jobs from the real estate sector of Pakistan. Lately, FDH successfully delivered their smart city jobs from Multan and Sahiwal. The project has won the interest of the authorities and important stakeholders in Pakistan that are primarily worried about the rising housing requirements in Pakistan.
TYPES OF PLOTS
Capital Smart City (CSC) is now the earliest clever city of Pakistan and 23rd in the world. The project’s master plan includes an Assortment of options such as residential plots, commercial plots, farm homes, luxury villas and more.
INOGRATION OF CAPITAL SMART CITY
The official launching our sources claim that the developer will formally launch Capital Smart City islamabad at the end of April or begin of May this season. The timing was set based on the inauguration of Islamabad International Airport. The concept behind this time would be to provide the ideal options fitting investors’ expectations from this neighborhood.
BENEFITS FOR INVESTORS
It’s also anticipated that the Investors seeking to make an exit from some jobs cashing big gains from the airport inauguration may find Capital Smart City apt for reinvesting for much greater yields.
IMPACT ON PRICES
The stock provided under Pre-launch has ended, although the new speed record shared to another round of reserving is greater by 5 percent. The authorized brokers are yet to get their quota for the new booking and they expect to market it fairly easily now since after the growth of 5 percent, they see present demand for your job.
Relating to this, the programmer is yet to finalize the information. Experts, however, consider that per marla prices might be roughly PKR 100,000. The dues will paid in accordance with a repayment plan, the length that is yet to be determined. These details could be verified once formally shared with the programmer during the project’s official release.
Our sources suggest that Speed of storyline provided on the society’s official release in another one or even more months will probably be greater by 10% to 15 percent, which also suggests that premium on reserved plots will also rise.
We also have learnt that the Project website will be available for investors to pay a visit soon after the job is officially established. By then, they will have the ability to see border wall in place, street work in advance phases on the Main Boulevard, and earth leveled to do mapping and unloading streets.