We all know that Islamabad, a capital city with captivating sites, has well-planned structures for government, residential, and commercial settings. Well, the scope of property investment of the city is also improving significantly.
People here are lucky to access world-class facilities that have marveled across the city’s infrastructure and iconic developments. Some of the notable ones are Centaurus Mall, Giga Mall, Faisal Mosque, PC Bhurban, Monal Restaurant, and many more.
However, the developments continued… so many neighborhoods, cities within the city, residential societies, commercial high-rises, etc., are still in progress. The continuous property investment by real estate developers advances the populace while providing opportunities for investors.
Islamabad is administered with the collaboration of CDA Islamabad (Capital development authority) and ICTA (Islamabad Capital Territory Administration). The twin city encourages certified yet organized infrastructures.
All the real estate investments in the city ensure that CDA and ICTA accredit them before making their propositions public.
In this capital city round-up, let’s explore the prospects of the twin city; its property investment potential; its latest technological footprints; how an investor can maximize his/her capital.
Latest Developments & Property Investments in Islamabad
If I list the details of the present infrastructure of Islamabad, you will be amazed to count on the city’s advancements and developments. The city has advanced tracks for road and is yet to emerge a few more development plans in back up.
Besides, there are already user-friendly and economical prices to pay for fares. Emerging developments will bring more consumer-friendly options for the average resident in this twin city.
Swift Bus Routes - A Lasting Investment
The Metro bus, the most-hyped public transport in Islamabad, is spread over 83 Kilometers throughout the federal capital. It has several routes helping people to commute easily.
This Islamabad bus route was inaugurated in 2015. A few more upgrades are done earlier; still, some are in progress. The entire project is monitored by PMA (Punjab Metro Authority).
It is a well-recognized authority presently in charge. This bus route is a future promise to the citizens and laborers in different parts of the city.
Furthermore, timings on this bus are commute-friendly, rates are minimal, and within the reach and affordability of all the citizens. There are standard air-conditioning facilities too, to enjoy while traveling.
Real estate developers and builders often select the locality according to the given stations. So that they can easily be accessible to the general public and, most importantly, their labor force.
Islamabad Safe City Project - Citizens' Safety is the Priority
Islamabad being the most-developed metropolis, had its safety issues to be resolved. To assure the security and safety of the citizens, a project called Safe City was launched in 2014.
The sole purpose of the project is to monitor the entire city and its adjusting areas. The feature of this project is to keep a keen eye on all types of activities happening in the city.
The safe city project is partnered with Intelligent-Video-Surveillance Vehicle Management Systems Automatic Number Plate Recognition System. Moreover, it has hundreds of cameras installed to keep a check and balance on the movement of the public within the twin city.
Also, drone technology is implanted in all the neighborhoods of the city. It is an advanced means of surveying the city within particular time frames.
As one of Pakistan’s safest cities, many real estate developers and builders are leveraging their property investment portfolios in commercial and residential projects. Which means more yet better opportunities for investors and locals.
City Islamabad Application - A one-for-all Investment
Now it is an essential new invention or a good step taken by the government of Pakistan to cater to the needs of the public.
The City Islamabad application is an excellent multimedia aid. This digital-friendly app is a one-for-all solution to assist locals and outsiders with their day-to-day errands.
So, be it a passport office or the timings of your favorite eatery, you will get information about anything and everything on this app. Many specialists are hired for public assistance.
Vertical Developments in Islamabad - Sustainable Property Investments
Globally, in cities with ten or more skyscrapers, there are 22,791 skyscrapers.
Whether it’s the rapidly increasing demand for housing or a move towards sustainable development, the phenomenon of vertical development has already taken over the western world.
Now, the trend had reached Pakistan; the government has taken measures to ensure the utility of land effectively. Property builders are restricted to develop projects on agricultural land. Which in turn, opens opportunities for real estate developers to practice vertical construction.
Hence, vertical development is essential and strategically much-needed planning for the increasing population in the city.
Islamabad is the next spot for vertical development. It is the solution to the hyped prices of real estate in Pakistan. Also, vertical projects utilize space efficiently and effectively.
Therefore, rather than investing horizontally, which requires 2x more capital and exploitation of natural habitats, emerging real estate builders are shifting towards vertical property investment.
One of the latest vertical buildings that are in the pipeline is Citadel 7, this is our latest commercial project, certified by CDA Islamabad.
Last but not least…
Advanced Metering Infrastructure
The Ministry of energy, Khurram Dastagir, ensures that each real estate project incorporates advanced meters in its infrastructures. This application of advanced meters is one of the energy-saving steps taken in Pakistan, leveraging technological advancements and avoiding nuisances.
Also, there’s a 600 Megawatt solar energy project, which is underway, which will be Pakistan’s first alternate cheap electricity initiative. the project will be completed by 2025.
Upcoming Property Investments in Islamabad
No, the story doesn’t end here… Islamabad is rapidly developing its infrastructure, and further ahead, there are projects on the way to completion.
Eventually, if you explore the development plans, you will be amazed to know that the city will soon be the next station of skyscrapers. Many new developers have started their high-rise developments. One of the most luxurious business centers will be Citadel 7, located in Blue Area, Islamabad.
If you know some other remarkable development in the twin city, feel free to use the comment section below.
