Park View City Islamabad
Introduction:
Park View City Islamabad, approved by the Capital Development Authority (CDA), is the newest housing society in the heart of Islamabad. Conveniently located in Zone IV, this community offers easy access from the motorway through its 400-foot-wide central Boulevard. Another entrance, off Kurri Road, adds to its accessibility.
Developed by the Vision Group, known for its reliable and approved projects, Park View City provides residents with a secure and opulent lifestyle at a reasonable price. Investors are drawn to this development for its breathtaking views and luxurious amenities. Families seeking a modern and family-friendly environment with stunning scenery will find this property ideal, nestled within the town’s rolling hills and lush landscape.
Park View City Owners And Developers
The owner of Vision Group, Mr. Aleem Khan, commissioned the cutting-edge construction and engineering of Park View City Islamabad. The Vision Group has become one of the most successful businesses in Pakistan’s housing construction and development industry. Their primary goal is to meet the housing needs of middle- and lower-class Pakistani households, allowing them to improve their standard of living by investing in their dream homes.
Projects by Vision Groups
Vision Group’s portfolio includes several high-quality projects across Pakistan’s major cities, showcasing their commitment to providing top-notch living spaces and urban landscapes. Some of their notable projects include:
- -Abdul Aleem Khan Foundation
- National School
- Park View Icon, Chundrigar Road, Karachi
- Park View City Islamabad (Mauza), Malot Road
- Park View Villas, Multan Road, Lahore
- Park View City Lahore
- Park View Corporate Center, Mall Road, Lahore
- Park View Signature Apartments, Gulberg, Lahore
Park View City Islamabad NOC
Park View City Islamabad has received approval from the Capital Development Authority (CDA), ensuring its legality and authenticity. The project is suitable for both locals and investors, with a direct connection to Kuri Road, providing ease and convenience for buyers. The NOC’s complete details are available on the CDA’s official website for verification.
Park View City Islamabad Location and Map
Park View City’s location in the beautiful Bani Gala Hills of Zone IV makes it a premier community in Islamabad. Its numerous amenities make it a highly sought-after construction project, not only among Pakistanis but also foreign investors. Situated just fifteen minutes away from Zeropoint, the city center’s proximity adds to its appeal for potential homebuyers.
Access Points of Park View City
Park View City’s strategic location, surrounded by picturesque landscapes and close to modern conveniences, makes it an excellent investment option. The following locations are easily accessible from the society:
- Bahria Enclave: 10 minutes away
- Park Enclave: 10 minutes away
- Serena Hotel: 15 minutes away
- Blue Area, Islamabad: 16 minutes away
- Bara Kahu: 20 minutes away
- Kurri Road: 25 minutes away
Nearby Landmarks And Significant Sites
Park View City Islamabad is close to various landmarks and areas, making it a desirable location for investors and residents alike. Some major nearby areas include:
- Islamabad Model Town
- Bahria Enclave
- Chak Shazad
- FIA Park Enclave
- Bani Gala
- PTV Colony
- Green Enclave
- Farash Town
- Alhamra Avenue
- CDA Park Avenue
- Barma and Haider Homes
Park View City Master Plan
The CDA-approved Park View City spans a vast 7,000 Kanal land, thoughtfully planned with various subsets. Each block offers different residential and commercial opportunities, catering to diverse needs. The developers have paid close attention to modern architectural trends, resulting in an appealing and functional layout that offers a high-quality living experience for residents.
Park View City Islamabad Blocks
Park View City Islamabad is organized into blocks, with each letter representing a different commercial or residential block. Some key details about each block are as follows:
Block A
- 60-70% development completed
- Located near Society Gate 2
- Residential properties available: 5-Marla, 10-Marla
Block B
- 60% construction accomplished
- Adjacent to Block A
- Residential properties available: 5-Marla, 10-Marla, 1-Kanal
Block C-Terrace
- Offers low-cost housing and terrace flats
- Residential properties available: 10-Marla, 1-Kanal, 1, 2, and 3-bedroom Apartments
Block D
- Home to luxury housing developments with a spectacular view
- Residential property available: 2-Kanal
Block E
- Popular for residential use with a wide range of plot sizes
- Residential property available: 1-Kanal
Block F
- Offers a spectacular view of the surrounding forest
- Residential property available: 5-Marla, 10-Marla, 1-Kanal, 2-Kanal
Block H
- Close to the city’s main thoroughfare and economic center
- Offers high-return residential investment opportunities
- Residential property available: 5-Marla, 10-Marla, 1-Kanal
Block J
- Strategically located with numerous economic development opportunities
- Residential property available: 5-Marla, 10-Marla, 1-Kanal, 2-Kanal
Block K
- Properties offered at a bargain due to lack of residency permit
- Flexible payment plan available
- Residential property available: 5-Marla, 10-Marla
Overseas Block
- Specially designed to meet the needs of international clients
- Residential property available: 5-Marla, 10-Marla, 1-Kanal
Park View City Islamabad Golf Estate Block
The Golf Estate Block in Park View City Islamabad is a unique and contemporary neighborhood unlike any other. It offers exceptional living standards for the locals, surrounded by refreshing natural scenery of the Hills. It’s a golfer’s dream location, and if you wish to own a stunning house in this Society, don’t wait any longer. The developers have made all necessary arrangements to accommodate the customers’ desires. Residential properties available in this block include 5-Marla, 10-Marla, and 1-Kanal plots.
Park View City Islamabad Hill Estate Block
Finally, the long-awaited Hills Estate is here, showcasing its splendor in the new community. The Hills Estate Block overlooks the city and stands as the featured attraction of Park View City. This tranquil area offers stunning landscapes and a high quality of life with all the modern conveniences. The architects have thoughtfully planned the Hills Estate neighborhood to make the most of the city’s topography, surrounded by peaks and valleys. Residents will enjoy the lush, verdant neighborhood close to Islamabad’s city peaks and mountains. The available residential plots in this block are 5-Marla and 10-Marla.
Park View City Islamabad Commercial-Downtown
Park View City’s magnificent vistas will inspire the creation of a downtown area similar to Dubai. This central business district will attract companies from around the nation and the world. With a beautiful lake adding to its economic and visual value, the commercial properties in this block are 6-Marla and 8-Marla.
Park View City Islamabad The Walk Commercial
The Walk Commercial will represent the epitome of technological advancement and luxury in Park View City. Ideal for international brands, the neon architecture and illumination will make it stand out. Residents will have exceptional shopping opportunities. The commercial properties available in this block are 1-Kanal
Park View City Islamabad Payment Plans
Park View City offers flexible financing options, making it accessible for everyone to live in this prestigious neighborhood. The investment plans cater to the diverse needs of the residents, providing them with the freedom to choose what suits them best. Here are some of the payment plans for different blocks:
A Block
- 5-Marla Plot: Total Price – Rs 8,500,000/-, 20% deposit – Rs 2,125,000/-, Quarterly installment – Rs 796,875/-
- 10-Marla Plot: Total Price – Rs 17,500,000/-, 20% deposit – Rs 4,000,000/-, Quarterly installment – Rs 1,500,000/-
B Block
- 5-Marla Plot: Total Price – Rs 7,000,000/-, 20% deposit – Rs 1,750,000/-, Quarterly installment – Rs 696,250/-
- 10-Marla Plot: Total Price – Rs 12,500,000/-, 20% deposit – Rs 3,125,000/-, Quarterly installment – Rs 1,171,875/-
- 1-Kanal Plot: Total Price – Rs 30,000,000/-, 20% deposit – Rs 7,500,000/-, Quarterly installment – Rs 2,812,500/-
C Block
- 10-Marla Plot: Total Price – Rs 10,000,000/-, 20% deposit – Rs 2,500,000/-, Quarterly installment – Rs 1,875,000/-
- 1-Kanal Plot: Total Price – Rs 25,000,000/-, 20% deposit – Rs 6,250,000/-, Quarterly installment – Rs 4,687,500/-
D Block
- 2-Kanal Plot: Total Price – Rs 50,000,000/-, 20% deposit – Rs 12,500,000/-, Quarterly installment – Rs 9,375,000/-
E Block
- 1-Kanal Plot: Total Price – Rs 30,000,000/-, 25% deposit – Rs 80,000,000/-, Quarterly installment – Rs 15,000,000/-
- 1-Kanal (Category) Plot: Total Price – Rs 35,000,000/-, 25% deposit – Rs 40,000,000/-, Quarterly installment – Rs 7,500,500/-
F Block
- 5-Marla Plot: Total Price – Rs 10,000,000/-, 25% deposit – Rs 2,500,000/-, Quarterly installment – Rs 1,875,000/-
- 10-Marla Plot: Total Price – Rs 19,500,000/-, 25% deposit – Rs 4,875,000/-, Quarterly installment – Rs 3,656,250/-
- 1-Kanal Plot: Total Price – Rs 50,000,000/-, 25% deposit – Rs 12,500,000/-, Quarterly installment – Rs 9,375,000/-
- 1-Kanal (Category) Plot: Total Price – Rs 35,000,000/-, 25% deposit – Rs 8,750,000/-, Quarterly installment – Rs 6,526,500/-
- 2-Kanal Plot: Total Price – Rs 100,000,000/-, 25% deposit – Rs 25,000,000/-, Quarterly installment – Rs 18,375,000/-
H Block
- 5-Marla Plot: Total Price – Rs 6,500,000/-, 20% deposit – Rs 1,625,000/-, Quarterly installment – Rs 1,218,000/-
- 10-Marla Plot: Total Price – Rs 10,000,000/-, 20% deposit – Rs 2,500,000/-, Quarterly installment – Rs 1,875,000/-
- 1-Kanal Plot: Total Price – Rs 30,000,000/-, 20% deposit – Rs 7,500,000/-, Quarterly installment – Rs 5,625,000/-
J Block
- 5-Marla Plot: Total Price – Rs 6,500,000/-, 20% deposit – Rs 1,625,000/-, Quarterly installment – Rs 1,218,000/-
- 10-Marla Plot: Total Price – Rs 10,000,000/-, 20% deposit – Rs 2,500,000/-, Quarterly installment – Rs 1,875,000/-
- 1-Kanal Plot: Total Price – Rs 30,000,000/-, 20% deposit – Rs 7,500,000/-, Quarterly installment – Rs 5,625,000/-
- 2-Kanal Plot: Total Price – Rs 65,000,000/-, 20% deposit – Rs 16,250,000/-, Quarterly installment – Rs 12,187,500/-
K Block
- 5-Marla Plot: Total Price – Rs 3,500,000/-, 20% deposit – Rs 700,000/-, Ten quarterly installments – Rs 280,000/-
- 10-Marla Plot: Total Price – Rs 17,000,000/-, 20% deposit – Rs 3,400,000/-, Eight quarterly installments – Rs 1,487,500/-
- 10-Marla Plot: Total Price – Rs 29,500,000/-, 20% deposit – Rs 5,900,000/-, Eight quarterly installments – Rs 2,581,250/-
Overseas Block
- 5-Marla Plot: Total Price – Rs 7,000,000/-, 20% deposit – Rs 1,750,000/-, Eight quarterly installments – Rs 696,250/-
- 10-Marla Plot: Total Price – Rs 12,500,000/-, 20% deposit – Rs 3,125,000/-, Eight quarterly installments – Rs 1,171,875/-
- 1-Kanal Plot: Total Price – Rs 30,000,000/-, 20% deposit – Rs 7,500,000/-, Eight quarterly installments – Rs 2,812,500/-
Golf Estate Block
- 5-Marla Plot: Total Price – Rs 8,500,000/-, 20% deposit – Rs 2,125,000/-, Eight quarterly installments – Rs 796,875/-
- 10-Marla Plot: Total Price – Rs 16,000,000/-, 20% deposit – Rs 4,000,000/-, Eight quarterly installments – Rs 1,500,000/-
Commercial-Downtown
- 6-Marla Commercial Plot: Total Price – Rs 42,000,000/-, 20% deposit – Rs 10,500,000/-, Six quarterly installments – Rs 5,250,000/-
- 8-Marla Commercial Plot: Total Price – Rs 56,000,000/-, 20% deposit – Rs 14,000,000/-, Six quarterly installments – Rs 7,000,000/-
The Walk Commercial
- 1-Kanal Commercial Plot: Total Price – Rs 170,000,000/-, 20% deposit – Rs 34,000,000/-, Eight quarterly installments – Rs 17,000,000/-
- 1-Kanal Commercial (Corner) Plot: Total Price – Rs 180,000,000/-, 20% deposit – Rs 36,000,000/-, Eight quarterly installments – Rs 18,000,000/-
Park View City Category Plots
Park View City offers special category plots, including Corner and Park Facing properties and Main Avenue properties, which are priced at ten per cent higher than regular plot prices in the Society.
Park View City Islamabad Discounted Prices
The Society provides a five per cent discount on the one-time payment cost of the property. If buyers choose to purchase a property in Park View City and pay in cash instead of using the payment plan, they will receive a five per cent discount.
Park View City Islamabad Transfer Fee
A transfer fee is applicable whenever a property’s ownership changes hands, whether it’s a home or a business plot. The transfer fees for different residential and commercial property sizes in Park View City are as follows:
- 3.5-Marla Residential property transfer fee: Rs 45,000/-
- 5-Marla Residential property transfer fee: Rs 61,000/-
- 8-Marla Residential property transfer fee: Rs 76,000/-
- 10-Marla Residential property transfer fee: Rs 91,000/-
- 1-Kanal Residential property transfer fee: Rs 151,000/-
- 2-Kanal Residential property transfer fee: Rs 300,000/-
- 5-Marla Villas transfer fee: Rs 166,000/-
- 10-Marla Villas transfer fee: Rs 251,000/-
- 3.5-Marla Commercial property transfer fee: Rs 181,000/-
- 5-Marla Commercial property transfer fee: Rs 301,000/-
- 8-Marla Commercial property transfer fee: Rs 421,000/-
Park View City Islamabad Possession Charges
In the recent ballot ceremony, possession of the first blocks in Park View City was declared, where development has already begun. Property owners who have invested in the community can take possession of their properties within two years.
Park View City Islamabad Possession Charges
The membership fee for different residential property sizes in Park View City is as follows:
- 5-Marla Residential property membership fee: Rs 7,500/-
- 8-Marla Residential property membership fee: Rs 12,500/-
- 10-Marla Residential property membership fee: Rs 15,000/-
- 1-Kanal Residential property membership fee: Rs 25,000/-
- 2-Kanal Residential property membership fee: Rs 50,000/-
Price Assessment
While plot prices in Park View City may be higher than some other residential properties like Kingdom Valley Islamabad or Capital Smart City, they are still considerably lower than those in CDA-Approved Societies of Islamabad, such as Bahria Enclave or Gulberg Residencia, making it a worthwhile investment.
The prices in Park View City have been in high demand for some time. The location, features, and cost of the project contribute to its appeal. For example, a 5-marla plot in the same area two years ago was close to Rs 43 lac, but now it is going for roughly Rs 57-58 lac in the current market.
Development Status
The development of Park View City is progressing rapidly. Blocks A, B, D, E, F, and H have been completed, along with the main gate and some green areas. The central 200-foot-wide Boulevard’s development has begun and will be finished within a few months, further enhancing the Society’s appearance.
Latest News of Park View City Islamabad
For the latest updates on developments in Park View City, visit the Society’s official website or refer to Dastoor Marketing for guidance.
Verification Form Of Park View City Islamabad
To obtain the Park View City verification form, visit the Society’s website and follow the provided instructions. Individuals can also check the current status of their verification file by providing the file allotment number.
Payment Modes of Park View City Islamabad
Visit the official homepage of Park View City for detailed information about the modes of payment. Customers can pay their dues through internet banking and make payments through Park View Payments with the HBL App.
Amenities and Facilities of Park View City
Park View City offers a wide range of amenities and facilities to its residents, including world-class infrastructure, medical centers, provision of basic commodities, fitness and recreational areas, no load-shedding zone, eco-friendly environment, aesthetic architecture, beautiful masjids, community center, and an exquisite master plan.
Pros and Cons
Park View City has its advantages and disadvantages. Some of the pros include being a CDA-approved society, beautiful location, contemporary amenities, serene environment, best investment option, power grid, proximity to nature, shopping areas, secured society, commercial areas, and easy accessibility. Some cons may include higher prices compared to some other properties.
Booking Procedure in Park View City
Please double-check every detail to ensure a sense of happiness and avoid any misconceptions or ambiguity. Always double-check the NOC and permitted papers with the officials. Furthermore, if other solutions to satisfy the client’s criteria exist, the documents must be legitimate. Finally, before finalizing any property purchase or sale, confirm that the funds fit the purchasing strategy.
Step 1
Buyers should consult with real estate investment experts such as Dastoor Marketing. To obtain additional and trustworthy market analysis, We have years of practical expertise in the industry. Also, keep an eye on the official web page for updates.
Step 2
Contact us immediately to secure the Park View City Islamabad property. Then, when our adviser specifies the form’s purpose, our sales staff will disseminate it to potential customers who have expressed interest.
Step 3
We strongly advise buyers to check the property’s location in person to confirm that they have not misled anyone about the area’s outlook and growth. Then, they deposit to book the property after they approve the location.
Documents Required to Book Plots
To reserve a plot, go to the official website, download the registration form, and attach personally identifiable information, such as documents, like:
- Photocopies of Buyer CNIC/NICOP
- Photocopies of Nominee CNIC
- Passport Sized latest Photos of the Buyer
- Deposit Receipt of Down Payments
Please note that the information provided here is based on the data available up to September 2021, and there might have been updates or changes beyond that date. For the most current and accurate information, it is advisable to refer to the official sources or contact the relevant authorities of Park View City Islamabad.
FAQ's
Answer: Park View City Islamabad is owned and developed by Aleem Khan and his firm Vision Group.
Answer: Park View City is located on Malot Road, Zone IV, Islamabad. The Society is near Bharia Enclave.
Answer: Yes, Park View City Islamabad has been authorized by the CDA (Capital Development Authority), making it a legitimate society.
Answer: Yes, the developers of Park View City have offered a reasonable payment plan with feasible installment options, making it accessible for buyers.
Answer: Yes, Park View City is worth considering for investment. The developers have made efforts to create a lucrative deal for customers. The Society's location, contemporary amenities, top-notch infrastructure, and facilities make it an ideal place for investment.
Conclusion
Park View City Islamabad is a CDA-approved housing project located in central Islamabad. It is one of the many new commercial centers that will emerge due to this initiative in the heart of the capital city. The presence of a 100-Kanal lake adds to the charm of the town. The location of Park View City offers breathtaking views of Bani Gala and the beautiful vegetation of the nearby botanic garden.
Investors in the Islamabad property market often choose Park View City due to its favorable master plans and attractive characteristics. The developers aim to attract environmentally conscious individuals, providing them with the best of both the great outdoors and a lively city.
In conclusion, Park View City offers a promising investment opportunity. For any further queries about this society, feel free to contact us.
Please note that the information provided here is based on the data available up to September 2021, and there might have been updates or changes beyond that date. For the most current and accurate information, it is advisable to refer to the official sources or contact the relevant authorities of Park View City Islamabad.