Where to Invest Capital Smart City or Park View City?
Pakistan’s real estate sector is viewed as one of the country’s economic foundations. To many, it appears to be a very safe and lucrative industry to invest in—the World Bank estimates that roughly 60–70 percent of the country’s total wealth is held in land assets. It is a colossal sum that represents the real estate sector’s security and returns.
Two of the best housing complexes in Islamabad’s surroundings: Park View City and Capital Smart City Islamabad. These two housing plans adapt to various price groups, are located hundreds of miles apart, and offer various amenities. Because Park View City and Capital Smart City Islamabad both cater to and target distinct markets, it’s tough to tell them apart. The following is a quick overview of both housing plans that can assist you in making an informed real estate investment selection.
Capital Smart City
The Capital Smart City Islamabad (CSCI) is a housing society in Islamabad’s Rawalpindi region, near the new Islamabad International Airport. It is surrounded by the Al Mairaj housing scheme, Eighteen Islamabad, Lahore Smart City, and Blue World City. It is being built adjacent to the Thallian Interchange of the Lahore – Islamabad motorway.
Since it is being developed by Pakistan’s renowned Habib Rafiq Limited HRL group, the housing development is regarded as one of the best in the region. When planning and delivering real estate developments in Pakistan, the HRL company has an immaculate reputation. This society provides its residents with a one-of-a-kind and cutting-edge living experience, complete with excellent amenities. This housing society will become Pakistan’s first Smart City by incorporating sophisticated technology and intelligent features. Capital Smart City is ten times larger than its neighboring society University Town, with a total land area of 55,000 Kanal.
The housing scheme is one of the few in the region to receive RDA planning and development clearance. The Capital Smart City site is one of the best in the area because it connects to the twin cities’ main highways and motorways and the future Rawalpindi Ring Road. The rates for plots in Capital Smart City start at PKR 1.9 million. Properties for sale in Capital Smart City are to be acquired with a 10% down payment. The remainder of the cost is divided into equal monthly or quarterly payments over a ten-year term that is convenient for you. Overseas plots and executive blocks are also offered in Capital Smart City.
Park View City Islamabad
The Vision Group is developing Park View City Islamabad in Islamabad’s districts. Mr. Aleem Khan, a well-known real estate developer and successful leader linked with the present ruling party, owns and leads the Vision company. In terms of proximity to Islamabad, the Park View City Islamabad location is one of the best. The tranquil and green Islamabad botanical gardens share a boundary with Park View City. Because of its gorgeous vistas and high-end amenities, this housing enterprise is famous among investors. It is designed to be the ideal location for families who want to live in a safe, family-friendly community with a futuristic vision and breathtaking views. It’s a society with unequaled amenities and an ideal picture. Each block of the organization is designed with a distinct perspective and function to give a thrilling living experience for its people.
Park View City Islamabad location
According to the most recent Park View City Islamabad location and map, the housing society has Malot Road and Kurri Road. Bahria Enclave Islamabad, Bani Gala, Shaheen Town, and the CDA’s Park Enclave are all in the same neighborhood as the housing complex. Apart from its prime location, Park View City Islamabad is one of the few housing developments in the region to have received full approval from the Capital Development Authority (CDA). Park View City Islamabad plot prices start at 3.5 million PKR, with plot sizes ranging from 3.5 Marla to 2 Kanal.
It is one of the finest choices for future homeowners who wish to enjoy the fantastic views of Margallas without sacrificing their daily commute to Islamabad’s metropolitan centers, such as the Blue Area and others. Park View City Islamabad has now completed about half of its construction. People are moving into their new Park View City homes and living in this housing community. Park View City’s security and upkeep are comparable to the Defense Housing Authority and Bahria Town.
Conclusion
Park View City and Capital Smart City are two of the most successful housing societies in Pakistan, competing head-to-head. Both of these societies are exceptional in their way. But the question “which one to choose?” remains, and the answer to that is it all boils down to personal preference and what works best for you. Sigma Properties hopes that this article provides you with more knowledge to make informed investment decisions.
There is a certain season and month for a business to start and earn more profit. The best season for opening an ice-cream shop is summer and for a coffee shop is winter. Similarly, there is also a specific time, season, and month for starting a real estate business. In this article, you will have knowledge about the suitable time of financing in buying a house that can give more earning. So, best time to buy a house varies.
However, there is no single factor that could play a role in your decision to buy a house. Sometimes, the values of homes in the market are in range, but your financial position is not permitting you to invest in buying houses. In short, the spring and summer are the best seasons to buy a home in. In contrast, the real estate market is in the stationary position in winter and autumn.
But, it would help if you kept in mind some affecting factors that affect the market despite the seasons are suitable for investment. Like recently when a severe wave of covid-19 hit the world badly. In that case, the perfect season of investment in houses also failed to deliver expected outcomes. For your convenience, I will suggest years, seasons, and months buy a house.
Best time of the year to purchase a house
No one can say the exact time for a business to start. However, there are some reasons why the business experts have categorized the parts of the year to show us the best time for investment. They have wholly studied the structure and function of the real estate markets and then set the bulk of guidelines for those who are new to the field. At a glance, let me inform you about the status of investment in real estate in four different seasons of the year.
Best time to buy a house in summer
The season of summer could be the best time to buy a house. Fortunately, you can have the full detail of investment or buying a house in different seasons in this article. However, as I discussed above that summer is the best season to have a house. But, have you ever focused on why summer is the best time to buy a house? Let me clear it for you.
People tend to construct more houses in summer as there are longer days in summer to get more work done. So, the availability of houses increases. You know it better that greater numbers of items have smaller prices. But, one thing to remember is not to haste in investing in any house, because of the tough competition, the house is available today may not be available tomorrow.
Buy a house in winter
As you read above that the real estate market cools down during the winter season. People likely don’t want to go toward investing in building houses. Usually, the prices are high due to the lack of available houses, and you cannot buy your favorite house with your available assets. So, winter is not the best season to buy a house.
Buy a house in spring
The spring season comes directly after the winter season. Therefore, the markets trends are in a grower position in this season. So, prepare yourself in this duration to have more capital for investing in houses in incoming season. However, if there is an opportunity for you to buy a house with your available assets, then buy it.
Buy a house in autumn
I would suggest you buy a house in the ending days of the autumn season. After reading the above paragraph, don’t make the final decision. Analyze the market because sometimes some factors affect the market. They cause the market prices high or low. Finally, the buying of a house also depends on your financial position and your need. Sometimes, if you need a house, you should not care about all the seasons but go buy a house.
Buying a house in 2021
Sometimes there is an indifferent season for investing in buying houses. The year 2021 is one of them. Earlier in the article, you read about summer, winter, autumn, spring. Besides these all seasons, 2021 is an indifferent year of all those factors discussed under the above topics. The covid-19 badly affected all the markets related to real estate.
You have had read the news I published before about the decrease in withholding taxes, due to which a tough competition was occurred in the business of the real estate. Buying a home with your present capital may be difficult for you. Because, due to the increase in coronavirus cases the government applied lockdown in many local and federal areas, which lead to stopping the construction work. As a result, the number of houses in the market is low as compared to other years in which there was no pandemic. Consequently, it led to higher prices of the houses in every season, even in the whole year 2021.
Apparently, you look able to buy a house in every season of the year, but if any obstacles stop your way, then ‘sigma properties’ is always there for your help. We will suggest you the best time to buy a house and also help you to get different housing plans.
Rental property repairs are common in both newly-built houses and renovated ones. Indeed, there is a little more to owning an investment property than merely collecting rent, paying the mortgage, and pocketing the profit. Beyond the mortgage payment, first-time landlords will benefit from understanding all the costs associated with owning a rental property.
Rental Property Repairs and the Landlord
Property maintenance is tough to account for because it is a highly variable expense. Maintenance costs tend to average out over time. But a wise investor will plan ahead of time to have a reserved budget to handle unforeseen demands.
Landlords that put a portion of their rental income toward monthly upkeep will keep their homes in good shape, and their renters pleased. Being a landlord, you are responsible for maintaining the structure and exterior of your home. It includes the walls, roof, foundations, drains, guttering, and external plumbing, as well as the windows and exterior doors, basins, sinks, baths, toilets, and the plumbing that connects them.
Seasonal and routine maintenance, emergency maintenance, and regular maintenance for rental properties are all part of owning a house and protecting your investment.
If you have bought a rental property for investment purposes, you need to know about the six most common rental property repairs,
1. A Water Leak in the Ceiling or Between the Windows
Water can harm wood, drywall, flooring, and almost every other surface on your house. In addition, mold can grow even in small amounts of moisture, which can be costly to remove if it gets out of hand.
Make this your top priority if your tenant reports a water problem. Engage the services of a certified contractor to investigate and resolve the issue as soon as possible. When it comes to a water leak, do not go with the cheapest option; go with the best. It is also good to know if your home has water supply lines in the ceiling, so you can call a plumber instead of a roofing contractor if there is a leak.
Replace the old weather stripping around doors and windows to help prevent unforeseen troubles. In addition, look for water damage indicators in your rental property, which can lead to undiscovered leaks. Also, consider installing water sensors to help detect leaks early on, reducing the risk of severe damage.
2. A Water Leak under the Sink
The supply line (the pipe that provides both hot and cold water to the sink) or the drain can both create a water leak under a kitchen or bathroom sink.
90% of water leaks are caused by the drain pipe not fitting together correctly. You can either learn how to fix it yourself (see several YouTube videos to learn how) or call a plumber for its repair.
3. Work on the Electrical System
It would be best if you take electrical safety seriously as a landlord. Home electrical fires cause over 50,000 fires each year and 400 deaths. Consider installing ground fault current interrupter (GFCI) outlets and tamper-resistant (TR) receptacles to help protect the home from fires. You may also wish to engage an electrician to install arc-fault circuit interrupters (AFCIs) to lessen the risk of a fire caused by house wiring problems such as sparking and arcing.
Remind tenants to switch off appliances before unplugging them, avoid plugging in more than one high-voltage device at a time, and use light bulbs with the correct wattage. Request that they report any sparking appliances, flickering lights, warm wall outlets, or blown fuses, indicating a more serious electrical problem.
4. Pest Control
Termites, ants, roaches, rats, mice, and other insects and rodents can wreak havoc on your rental property. Therefore, it is necessary to maintain regular pest control treatments to prevent infestations. It is also good to remind tenants that leaving food and sugary beverages out and failing to take out the trash regularly might attract insects and rats.
It is essential to address pests or evidence of pests (such as droppings or damage) timely if either you or your tenant notices them. The longer an infestation goes unchecked, the worse it gets.
5. Drywall Damage
One of the most critical rental property repairs is the drywall damage. When renters leave a rental property, it is typical to discover drywall damage. Heavy wall-hangings or accidents usually cause it. You can fix drywall rather quickly and easily. Larger holes, on the other hand, may necessitate drywall repair. That takes a little longer.
Landlords with a lot of experience know that while planning is essential, there is no way to predict every situation that could arise. Indeed when you think you have analyzed everything, you are hit with a new, potentially costly problem. That is why you must purchase dependable landlord insurance.
6. Internal Pipes
Last but not the least of the rental property repairs is the issue of internal pipes. A worn-out washer can cause pipes to freeze, bulge, and burst, break, clog, or become detached. And it is completely up to you to make sure that any of these problems are resolved by hiring a certified plumber.
Always encourage tenants to notify you if they notice dripping or moist spots beneath pipes (such as under a sink), which could signal a joint disconnection. If tiny leaks are overlooked for too long, they can cause substantial harm.
In addition, urge your tenants to help prevent pipes from freezing during the winter months. When external temperatures drop below 32°F, for instance, they must keep the internal heating set to a minimum of 55°F and sometimes let water drip from taps.
These are the six most common rental property repairs. It would help if you got them done before handing the property over to the tenant. If all possible risks are dealt with in time, you and the tenant will be in peace and get along well. For more insight into the world of real estate, visit the Sigma Properties & Marketing office today.
First time in Karachi, a brilliant and impressive housing society is offering its services. You can buy luxurious apartments, residential and commercial plots at very reasonable prices. All the amenities and facilities of life are at your doorstep if you are a resident of this society. Gohar green city Karachi came into existence in 2004, and since then, it provides the best residential opportunities. The green city is taking steps toward success very rapidly.
NOC
This is necessary to check the legal status of any society. However, Gohar Green City Karachi has legal standing. Sindh building control authority issued NOC to the society. After getting the legal status, the investors have shown keen interest in society. The NOC copy is available if you want to check.
Owners and developers
The renowned and reputed developers took the responsibility of developing and designing the society. Medicam Group of companies and Gohar group companies are the developers of this society. Gohar group of companies is a fast-growing property development company in Pakistan. The consistent and diversified range of successful projects reflects the success and fame of the Gohar group. It offers a wide range of services like town planning, building, and development, marketing, property, or consultancy.
Similarly, Medicam group is also a famous property development company. This is a leading company in Pakistan because high-skilled and professional management has made it stand in the front line of other development companies. The CEO of green garden, Khalid Ahmad Nanitalwala, led the company towards remarkable success. The clients trust very much in the society.
Location map
The location of Gohar green city is at the main Shahra e Faisal. Undoubtedly, everyone wants to live in a place that has a dominant structure over others. Furthermore, location is at the first level in the list of things you should consider before buying a property. Its ideal and remarkable location attracts more investors.
Nearby places
Some places have got value because of their surroundings. Gohar green has its worth. There are some famous landmarks besides the society that add more to its value.
Jinnah Airport
Al-Amin city
Model colony
Shahrah-e-Faisal
Malir Cantonment
Landhi railway station
Hassan general hospital
Civil Aviation Colony
Access points
Three minutes drive from the national highway
4 minutes drive from old Jamia Millia road
At the distance of 4 minutes from Memoon Goth road, Gadap Town, Karachi
5 minutes drive from Bakra Peri road, Ghazi Dawood Barohi Goth
An approximately a 4-minute drive from Korangi road,
Master plan
The developers of the society paid utmost attention while forming the design of the society. When you visit the society, you will find the true picture of their success and struggle. The alignment of the plots and blocks is very designed and developed.
Residential apartment
If you want to live in broader houses, society gives you an opportunity. It offers you wide, luxurious, airy apartments with 2, 3, and 4 bedrooms at very affordable prices. Each apartment is equipped with high-quality material. All the basic facilities, as well as the luxurious facilities, are available in these apartments.
Bungalows
Besides these residential apartments, there are luxurious bungalows in Gohar green city Karachi. The bungalows cover the area of 80 to 120 square yards. These bungalows are available in different categories.
Platinum category
The platinum category bungalows cover an area of 120 yards. They have two-story buildings. The ground floor consists of one bedroom, with an attached bathroom, kitchen, lounge, and drawing-room. The bungalows are suitable for larger families.
Gold category
Covering 120 yards, bungalows are single-story. The average size family can lead an easy life in these bungalows, and The bungalows provide the facility of two bedrooms with an attached bathroom. There are also a drawing-room, lawn, kitchen, and two parking lots.
Silver category
This category is very suitable for you if you have a smaller family. These bungalows cover an area of 80 yards, facilitating you with two bedrooms, attached bathrooms, TV lounge, a kitchen terrace, and a place for car parking.
Payment plan
Apartment
Bungalows
Features
society is enriched with many features.
Medical facilities
Water resources
Grand mosque
Clubhouse
Sport complex
24 hours security
Maintenance
Waste disposal system
Gas and electricity facility
Boundary wall
Facilities
Besides these features, the green city has several facilities. Society cares only to give you a comfortable life.
Water resources
Water is an essential need for life. Generally, many societies failed to provide pure drinking water to their residents. But, this society has special arrangements for water. For this purpose, the society will install filtration plants in the society to overcome the water problems of the society’s residents.
Graveyard
Society is so helpful that it has allotted a larger space for a graveyard. While living in this society, you don’t have to take the dead bodies of your relatives for burials to far wide areas. You can perform their burial within the society in the graveyard which the society has arranged.
Grand mosque
Though every society provides land for building a mosque, they lack the establishment of a grand mosque. Grand mosque is necessary to facilitate the residents during Jumma prayer as the number of citizens is greater than other prayers. So, keeping this point in mind, the developers are building a grand mosque in society.
Eco-friendly environment
The society would give an environment-friendly close-to-the-natural lifestyle with all the latest facilities. The nature-close atmosphere will deliver a unique experience that could not be found in Pakistan’s housing societies. You know it better that no one would want to live in an environment lacking natural beauty.
People are rapidly becoming more isolated from the natural environment as city life becomes busier, harming their health. Society is trying to ensure an environmentally sustainable lifestyle to create a healthy lifestyle.
Community center
Community centers will serve as a light of social life for residents who want to stay socially active. They can join in the social activities as well as enjoy them. Society allows you to be in close connection with your neighbors. Furthermore, these community centers will enhance your social life.
Health facilities
Maybe, society has all the facilities, but health facilities come first. If a society does not have excellent health facilities, it will fail to draw customers. The developers of Gohar green city Karachi have devoted special attention to society’s health services. The developers plan to build state-of-the-art international hospitals and clinics for this reason. The emergency room will be open 24 hours a day, seven days a week, with staff and doctors available at all times.
Education
You cannot turn down the importance of quality education. Society ensures that pupils receive an international standard of education. To provide the greatest education, the teaching staff will be professional and trained in their respective professions. Education institutions in society will be of a high standard.
Business Hub
The developers have considered all of the residents’ demands, including economic and commercial ones. As a result, society will create an all-encompassing commercial zone. Residents in these areas can meet all of their commercial needs from within the community.
Security
A housing society requires a sense of security. A gated neighborhood provides security. People are protected by a security system that includes properly installed CCTV cameras and other security systems that are operational 24 hours.To ensure a high level of safety, the society would be enclosed by a boundary wall with a foolproof mechanism.
Road infrastructure
Wide roads reflect the modern development of society. To ensure optimum development, the roads and other infrastructure are built with a high level of professionalism and equipment. The major roads and streets are large and expansive, giving the area a lovely appearance.
Guidelines
You should observe the following step while buying or selling a property.
Verification
To avoid any confusion or misunderstanding, please make sure to check all of the paperwork thoroughly. Before buying or selling a property, make sure to ask about the developers’ NOC and approval documents, which the authorities have officially approved. As a result, your documentation will be valid in every way that could lead to client pleasure.
Financial surety
Please ensure that your funds align with your buying plan before concluding any transaction of any sale or purchase of the property. Your purchase or sell will go through without a hitch in this manner.
Visit to the site
Visit the site before making any purchases and after confirming the validity of the documents to ensure that the written documents are compliant with the plot specifics.
Documents required
Two passport size pictures
Two copies of your CNIC
Two copies of CNIC of your next kin
Overseas client to submit NICOP
Why invest in Gohar green city Karachi?
Among other companies, real estate investment is one of the most profitable. It has a high rate of return on investment. However, keep in mind that it will only be profitable if it is done correctly. Investing in Gohar green city Karachi can provide a variety of advantages. Surely, if a person has some extra money or an asset and wants to keep the value of that asset high, society is the sector to invest in because it keeps the value of the asset high and does not degrade.
With investment, a person can quickly produce a steady income. Accordingly, One can purchase a property, develop it, or purchase a developed property and rent it monthly or yearly. Not only that, but the rent rises by a percentage every year, so it’s fair to claim it’s improving rather than staying the same. An investment isn’t like a live organism that needs to be cared for days once completed.
You’ll only need to visit your property now and then to ensure it doesn’t fall into the wrong hands of encroachers. Passive income, such as rent, can be created once someone has invested In this society’s property. Investors purchase a constructed property or develop open land, then rent it out, assuring a consistent source of revenue throughout the year. When done correctly, investing is a type of business that will never lose value. Every year, the value plots in this society rise. If a central government or private project is undertaken in the area, the property’s value could skyrocket.
How to book a plot?
First of all, you need to fill a form. You can have the application form from the office physically or also download it. Fill in the form carefully. Attach your CNIC copy with the application form. Deposit the fee in the account of Gohar green and paste the deposit slip with the application. You can also pay the amount directly to the office. Make sure the submission of all required documents.
Pros and cons
Pros
You can have the opportunity to get an education from quality educational institutions.
Twenty-four hours availability of water, gas, and electricity.
Beautiful parks and recreational areas
Grocery shops and supermarkets for your conveniences
Gated community with security gates
The installation of CCTV
Prime location
Designed and planned sewerage system
Cons
There are no many cons in society. However, some plots and bungalows have very high prices.
Conclusion
Gohar green city Karachi, indeed, aims to facilitate you with modern infrastructural amenities. Its residential and commercial plot, as well as the bungalows it offers, are impressive and remarkable. You must pay a visit to society. ‘Sigma properties’ is there to help you in getting you your desired home and bungalow.
FAQs
Q1: Who are the developers of Gohar green Karachi?
A1: The developers of this housing society are the Gohar group of companies and the medical group of companies.
Q2: Does the society have NOC from any recognized authority?
A2: Yes, the Sindh building constriction authority issued NOC to this society.
Q3: How can I buy a plot in this society?
A3: You can easily buy a plot in society. Just read the above instruction.
Q4: Where is society?
A4: The society is located on Shahra-e- Faisal.
Q5: Does the society offer furnished bungalows?
A5: Yes, the society offers you furnished bungalows at affordable prices.
Q6: What is the size of bungalows?
A6: Bungalows are available in sizes of 120 yards and 80 yards.
The topic looks a bit ambiguous but don’t worry; we will make it a nutshell for you. Easement in property or real estate is access to someone’s property you don’t possess, and you don’t need to get permission. Similarly, an easement also allows a third party to access your property without your consent.
The third party may be an individual, a firm, a group, a company, or a government body. These words might have cleared the question, ‘What is an easement?’ that tickles your mind. Now, you are worrying about why someone can access my property without your permission. Quite simply, it is an alarming definition, but let me clear your anxieties. If you take it seriously that it will harm your ownership of the property, then you are false.
The access of the third party to your property has nothing to do with your parcel. A common issue, for example, is there is a house located across your property, and the owners of that house need a power connection. So, according to the easement act, the concerned power company can access your property without defecting it under specific rules. Furthermore, if someday your property gets harmed, the third party will give your relief.
Now, you can also get the benefits of the easement act. If you have a home, but there lays the land area of your neighbors in the proximity of your home, and you have to cross his property to reach yours, then the easement act allows you to do so. Shortly, having an easement is necessary and essential. We cannot deny the importance of an easement.
Formation of an easement
You might have a curiosity about how an easement gets formed. The formation of an easement is elementary as you know that every property deal observes an agreement so is the easement. The third party I discussed above agrees with the property owners to use their property. Sometimes, the ease finders pay some compensation to landowners. But, the easement giver should not expect extra initiatives from a third party. The formation of an easement varies with the kinds of easement.
Kinds of easement
There are many kinds of an easement, but I will discuss, for your convenience, only four of them.
Utility easement
Sometimes, you have to stick with specific regulations. Utility easement comes under gross easement. Government issues utility easements to facilitate citizens. The utility companies like gas, water, power, sewer have the right to do anything that could benefit the residents. However, they have no right to do anything on their behalf. They do it on the instruction of the government. If you are the property owner and want to execute a utility plan, you cannot stop them from the operation.
Furthermore, under the utility easement, they can also restrict you from doing harmful actions to neighbors, like planting trees over the surface where a power or gas line exists.
Private easement
We always try to help you out with different problems and guide your time and again. ‘Sigma properties‘ is always there for your help to buy a property. You must pay a visit to a property before purchasing to avoid easement problems. For example, you own a home that does not have a direct connection to a power pole. Thus, you have to ask your neighbor to let you pass your power connection over his house. He enables you to do it; this is called a private easement.
Remember, the private easement could be harmful to subsequent owners. For example, if the new owner of the home over which you have passed your connection wire is not agreeable to the agreement which you had made with the former owner, then the deal will not go long, and you have to agree with the new owner the house.
Prescriptive easement
You must have full knowledge of the property you possessed if your neighbor has fenced an area without your permission despite the land he has fenced belonging to you. It will lead to severe enmity. Though you have given him cautions verbally, but did not take any legal action. Then, the court will decide the case on your neighbor’s behalf and would be considered a failure on your side. So, the court, then, gives your neighbor a prescriptive easement despite not having ownership of the property.
Necessary easement
Sometimes, by mistake, you buy a landlocked home or property with no direct access to the main road. Indeed, you should ask your neighbors to give you the path to access your property and from the property to the main road. This matter then becomes necessary to be resolved. You agree with your neighbor called necessary easement or easement of necessity.
Conclusion
The stage is now set for you whether to give easement or take. Indeed, an easement in real estate is essential. If you don’t agree to sign an easement, you may also fall victim to a problem where you may need an easement. Do you have a property that needs easement?
The Capital Smart City (CSC) is a paradigm of a modernistic housing society near the Federal Capital and Rawalpindi. It is a joint venture of the Future Development Holdings (Pvt.) Limited and Habib Rafiq (Pvt.) Limited. It contains the most high-class technological infrastructure. The housing scheme has provided the citizens with a new dream, an opulent lifestyle unlike anything else.
The Capital Smart City has made significant progress in significantly less time. It has broadened the definition of the ultimate real estate dream, so let us delve into its latest development updates.
1. National University of Technology (NUTECH)
The National University of Technology (NUTECH) and Islamabad’s Capital Smart City (CSC) have joined forces to establish a futuristic, innovative campus of Technology University of International Standards in the housing scheme. The NUTECH campus hosted a signing ceremony between NUTECH and FDHL (CSC) on July 23, 2020.
According to the agreement, Capital Smart City will serve as a significant partner in assisting NUTECH in obtaining land for its main campus and providing subsidized support services for its operations. Mr. Zahid Rafiq, Chairman of Capital Smart City, and his team were congratulated by NUTECH Rector Lt Gen (R) Khalid Asghar and Pro-Rector Maj Gen Khalid Javed.
Their partnership will promote higher education in indigenous technology creation, promotion, transfer, and implementation. In addition, it will train young engineers, technologists, and the skilled workforce of tomorrow.
The ultimate purpose of this joint venture is to boost Pakistan’s industrial and economic progress. In the following years, NUTECH Main
Campus will assist in attaining its vision and mission of generating entrepreneurs and industrial leaders of character.
NUTECH Campus, located in Capital Smart City, will be the region’s most significant technological university, with over 35,000 students.
1. Extensive Horticulture Work
Horticulture work is being done alongside earthwork, levelling, and road construction as part of the green effort. The green belts and parks will be ready to provide an energetic feel to the project when the development work is completed.
Horticulture work is critical to a housing project’s attractiveness. With monsoon plantations, Capital Smart City has taken its ecological endeavor to the next level. A plantation area has been established, and the cultivation of lovely trees and flowers has begun.
The green belts have already begun to emit a relaxing atmosphere. Here are the recent photos:
1. Financial Square
The Financial Square is the focal point of the housing scheme. It is a zone where numbers align and produce profits for the investors and residents. It will be recognized as the city’s financial hub, catering to both local and multinational corporations. Corporate banking, conference and exposition halls, hospitality, and 5-star boutiques are among the businesses represented.
A lavish 4-star hotel is currently under construction. The establishment of the Qatar Financial Center and Pak Financial Center is also taking place in the Financial Square. There will also be a central park, Jamia Mosque, CPEC Tower and mixed-use apartments and offices.
2. Earthwork – Access Roads
34.89% of the land in Capital Smart City is reserved for roads. The access roads are being cleaned and built quickly to ensure that visitors have easy and direct access to the site. In addition, the National Highway Authority has approved the dedicated interchange on the M-2 highway (NHA). The Smart Interchange’s construction is planned to begin soon.
Take a look at the most recent developments in access road construction:
3. Grand Mosque Inauguration
The Grand Mosque in Overseas Block C is inaugurated. They officially opened the Grand Mosque in Overseas Block C in February 2020 with a Friday prayer attended by Capital Smart City’s authorized agents, investors, and management.
The Jamia Mosque is now finished. The management team offered Asr prayer, led by M Saqib Musatafai Saheb, a prominent scholar. The most recent pictures of the mosque are shown here.
4. Overseas Block
It is one of the most critical development updates. Phase 1 of the Overseas Block will be the first to take possession. The rumour was that they would give possession in 2021, but there has been no confirmation, and the market is waiting excitedly.
Nonetheless, the Overseas Block is undergoing accelerated construction to be ready for ownership as soon as possible. The majority of the levelling and road construction has been completed. Plotting is in progress. The following photographs provide a general view of blocks A and C and street views of blocks B and D.
Take a look at these current images of Capital Smart City to see how quickly things are changing:
5. Executive Block
The land is currently being cleaned and levelled at the Executive Block site. In addition, the installation of sewer lines has begun, as has the construction of Smart Villas.
After Overseas-1, the executive block phase-1 is expected to take possession. As a result, rapid growth is also taking place in the Executive Block.
Lake View Heights is under rapid development to guarantee that the luxury flats are ready for occupancy as soon as possible. The Lake View Heights in Overseas Block C provides each apartment with a magnificent view and an experience akin to the worldwide lifestyle.
7. Smart School
The Smart School in Block B has reached completion in only a matter of a few months. The images show the splendid structure of the school is,
8. The Bridge’s Inauguration
Two access bridges have been constructed and are now open to the public. Despite a labor stoppage caused by Covid-19, the connecting bridge at Sill River was finished and inaugurated in record time.
The 450-foot-long bridge is part of the Access-2 road, which opened in August 2020. The bridge’s before and after photos are displayed below.
Conclusion
The Above mentioned Capital Smart City Development Updates are exciting. They show the dedication of the developers towards the project. Sigma Properties & Marketing recommends that you invest in the housing society to reap the benefits of a lifetime.
