Park View Islamabad
Nowadays, buying property has become a lot easier than before. Much of the formalities have been computerized or brought under one window operations. For example, many people were previously defrauded because they bought a property that did not exist or bought a plot in an illegal housing scheme in Islamabad. Speaking of illegal housing schemes in the capital, the Capital Development Authority (CDA) has set up a dedicated webpage that allows you to see if a housing scheme is legal. Therefore, we recommend you visit it before buying any plot/property in a private housing scheme in Islamabad.
Speaking of housing schemes, Islamabad has seen a plethora of private housing schemes. Some are illegal, while others have the required approval from CDA. One of the most notable private housing schemes is Park View City Islamabad. This article will walk you through the countless standout features of this housing scheme and what makes it a worthwhile investment. We will also list the property rates and installment plants for the plots. Without further ado, let us start.
What is Park View City Islamabad?
It is a private housing scheme in Islamabad. The developers behind this project are the Vision Group, and it is their first development project in Islamabad. You might not know this, but Aleem Khan is the brain behind the Vision Group. The Group has already delivered successful projects in Lahore and elsewhere. They have become a reliable and trustworthy name in the real estate industry quickly. It shows that they do not compromise on quality and customer satisfaction. Vision Group’s popular projects include:
- Park View Icon – Karachi
- Abdul Aleem Khan Foundation
- The National School
- Park View Signature Apartments – Gulberg, Lahore
Park View City Islamabad Location
It is located on Malot Road, Islamabad. It is next to Bahria Enclave, another popular housing scheme in Islamabad.
You can visit Blue Area Islamabad or other parts of the city in less than 25 minutes. The famous Serena Hotel is less than a 15-minute drive from the housing scheme. The location is perfect if you are looking to build your dream home or buy a commercial property. You can access Park View City Islamabad from Kuri Road or Malot Road.
Park View City Islamabad NOC
The CDA had granted this housing scheme a NOC, making it legal. However, the NOC was challenged in the Islamabad High Court, which declared NOC illegal. Currently, the Vision Group is fighting a legal battle in Pakistan’s legal system to overturn the decision. As it stands, Park View City Islamabad is not approved by the CDA. Should you stay away from Park View City Islamabad as it has no NOC? It is a challenging question to answer, especially because the property rates are already outside the reach of the common man. Once the developers win their legal battle, the property rates will increase further. It means that you will have to pay a lot more than now.
Park View City Islamabad Features
There is no doubt that this housing scheme has a lot to offer. Let us review its top features.
1. 200ft Main Boulevard
One of the most crucial aspects of any city or housing scheme is the road network. If the roads are too narrow or in poor condition, it will have a negative impact on the quality of life. Luckily, Vision Group recognizes the importance of a quality road network. The streets and connecting roads are pretty wide, making for more effortless movement. The main boulevard is 200ft wide! Here is a picture to give you an idea:
2. Prime Location
As mentioned above, Park View City enjoys being located at a prime location. You can reach central Islamabad in less than 15 minutes. In other words, it is a lot closer to main Islamabad than popular housing schemes like Bahria Town and DHA.
3. Underground Electricity
We all hate the eyesore electricity lines ruining the natural views. Other than this, the hanging electricity wires present a safety hazard. There are countless cases where people were electrocuted due to wires. So, the Vision Group has decided to go for underground electricity. You will not see electricity cables hanging anywhere in the housing scheme, and you can enjoy the mesmerizing views without hindrance.
4. Imax Cinema
Who doesn’t enjoy a good movie? Recently, watching a movie has become a favorite pastime for friends and families alike. The developers offer a state-of-the-art cinema that allows movie enthusiasts to watch their favorite films without leaving the housing scheme.
5. Community Centre
As a society, we lack the necessary social cohesion that binds a nation. The Vision Group has set up a community center that would enable residents to carry out activities together and interact with one another.
6. The Walk
This is the most anticipated project in all of Park View City Islamabad. It is a commercial project that offers 1 Kanal commercial plot.
In other words, The Walk is equivalent to the business/downtown district. The above picture shows the payment plan for plots in this project.
7. Multiple Residential Plot Options
The Vision Group offers numerous residential plot options at easy installments. For example, you can conveniently buy 5 Marla, 8 Marla, or 10 Marla residential plots. If you are looking for a bigger residential plot, you can opt for the 1 and 2 Kanal plots. The developers are even offering 3.5 Marla plots in the K Block.
8. Terrace Apartments and Plots
Islamabad boasts a natural and scenic landscape, unlike any other capital in the world. Park View City Islamabad allows you to enjoy these views by offering terrace apartments and plots. They offer the best views than any other point in the housing scheme.
9. Easy Instalments
The best feature about Park View City Islamabad is that you do not have to pay the entire amount upfront. The down payment is only 20% of the total cost, while the rest can be paid in easy installments. Take a look at the pictures below to get an idea:
10. Park View Homes
The developers have completed these homes and are selling them to the public. They have modern architecture and are built using the best materials. They have all the required amenities to lead a quality life. We highly recommend checking out these homes if you are looking to buy an already built house.
11. Park View City Islamabad Master Plan
The below picture shows the housing scheme’s master plan before the CDA revoked its NOC.
The Master Plan shows a perfect balance between commercial and residential space.
Other features include a zoo, modern hospital, schools, colleges, parks, and more.
Park View City Islamabad FAQs
- What is Park View City?
It is a private housing scheme in Islamabad.
- Who are the Developers?
The Vision Group is developing Park View City in Islamabad. Aleem Khan is the brain behind the Vision Group. He was a senior member of the Pakistan Tehreek-e-Insaf before deciding against the party.
- Is Park View City Islamabad Legal?
Its NOC was approved by the CDA before being revoked on the Islamabad High Court orders.
- Should I Invest in Park View City Islamabad?
We at Aura Properties believe that Park View City Islamabad is worth your money. It is unlikely that you will lose your money.
- When Will I Get Possession of my Plot?
The Developers have already handed over possession to the owners in the initial blocks. The rest will get possession as soon as development work is completed.
- How Can I Book a Plot in Park View City Islamabad?
You can do it quite conveniently through Aura Business Solutions. Our team will help you buy a plot without any hindrance. Contact us to know more about our team and us.
- Will I Get a Good Return on my Investment?
The return on investment depends on numerous factors, many of which are outside the developers’ control or the property market in general. Therefore, it is impossible to say that a property investment will result in a good return on investment. However, Pakistan’s property market is experiencing a boom right now. So, we are confident that you will get a good return on investment in a few months. You should buy a plot right now in Park View City to get the best prices.
If you have any queries regarding Park View City Islamabad, do not hesitate to contact us. If you are looking to buy a property elsewhere, look at our other projects. Our team will help you buy your desired property.