The year 2024 is the best and will be the most profitable year for investment in Islamabad. Islamabad is a top investment destination in Pakistan for various reasons. The city’s population is increasing rapidly due to urbanization, which results in high demand for real estate, making it an attractive option for both residential and commercial investments.
Islamabad as a business hub
One of the key advantages of investing in Islamabad is the expected high returns on investment. The city’s real estate market has shown resilience and growth, with property prices increasing. Additionally, the city’s strategic importance has risen due to developments such as the China-Pakistan Economic Corridor (CPEC), which enhances Islamabad’s geopolitical stature and makes it more appealing to investors.
Role of CDA and Developers
This is attributed to the quality of construction, adherence to high standards by the Capital Development Authority (CDA), and the involvement of reputable developers in new housing societies and projects. The city’s natural beauty and its status as a well-planned urban center contribute to its desirability as a place to live and invest. The presence of green spaces, public parks, and proximity to northern tourist spots make Islamabad aesthetically appealing and functionally advantageous.
The strategic location of Islamabad
Islamabad serves as a gateway to some of Pakistan’s most breathtaking northern areas, including Gilgit-Baltistan and Khyber Pakhtunkhwa, making it a perfect starting point for adventurers and nature enthusiasts. So those coming to visit the northern areas are must to visit or stay in Islamabad. So Islamabad is a hotspot area for tourists and investors.
For the best property investment in Islamabad in 2024, both commercial and residential sectors offer promising opportunities across several top-rated housing societies and areas.
Residential Societies
Following are the top-selling and best societies in Islamabad.
Capital Smart City
Capital Smart City is a highly sought-after investment option that offers a variety of modern amenities including sports and educational facilities. It is strategically located near the International Airport and the Lahore-Islamabad Motorway (M2), making it a lucrative choice for both local and overseas investors. Capital Smart City Islamabad developers and owners are Future Developments Holdings (Pvt.) Limited & Habib Rafiq (Pvt) Limited. HRL, a well-known name in the real estate industry of Pakistan, they are developer of Bahria Town, DHA in Islamabad & numerous other projects. Annual Appreciation of Capital Smart City has increased by 4 times since it started.
Parkview City
Situated in Islamabad’s premium Zone IV, Park View City is known for its picturesque views of Margalla Hills and offers state-of-the-art commercial hubs, medical facilities, and recreational amenities. Its connectivity to major city points makes it a sought-after investment. Abdul Aleem Khan, One of the most seen political figure in Pakistan is the owner of Parkview City.
The biggest feature of the Parkview City project is its Downtown Lake. Downtown Islamabad, Pakistan’s First Lake-side commercial hub, is home to the country’s first 100-kanal man-made lake and the largest dancing. This Lake has been operational for a while now and a lot of people visit this Lake daily. Parkview City project has a lot of potentials and Its annual appreciation has increased 4 to 5 times from its start.
Bahria Enclave Islamabad
A rapidly growing community offering a luxury lifestyle with a wide array of amenities. Known for its green environment, Bahria Town is a popular choice for those seeking a combination of luxury and convenience. According to the Bahria Town management master plan, it has 8 phases. Malik Riaz, one of the biggest Real Estate icon of Pakistan owns this society. Bahria Phase 8 is now merged in as Bahria Enclave.
The Bahria Town Phase-II, III, V & VI spans a vast area of 2501 Kanals with over 1384 residential plots on Mouza Kotha Kalan in zone V of Islamabad, while Phase VIII of Bahria Town Islamabad consists of a total of 761.20 Kanal.
DHA Rawalpindi & Islamabad
A well-established area offering a secure and high-end lifestyle, DHA Islamabad is favored for its comprehensive amenities and strategic location, making it a top choice for property investment. DHA Islamabad & Rawalpindi has six complete phases, three in process and a DHA Valley. Commonly known as the Defense Housing Authority, DHA is the most trusted brand in Pakistan.
Gulberg Islamabad
A newer addition to Islamabad’s real estate landscape, offering affordable investment options with rapid development, positioned as a future commercial and residential hub. Gulberg Islamabad is a project of the Intelligence Bureau of Pakistan.
Gulberg Green
It is a project specially made for Farm Houses. In Gulberg Green, there are ready farmhouses and farmlands of 4, 5, and 10 Kanal, surrounded by nature and modern comforts.
Gulberg Residencia
It is more of a Residential part of this project. In Gulberg Residencia, there are residential plots of 5, 7, 10, and 12, Marla, 1 Kanal, and 2 Kanal for various preferences.
So, whether you want a farmhouse or a residential plot, Gulberg has options for everyone. It’s a well-planned area where people can enjoy a nice mix of nature and modern living.
High Rise Projects
High-rise sectors such as hotel projects will be in full flow in Islamabad in 2024. Due to the growing tourism in the capital city, this year is the best time for Investment in Islamabad. Many developers are building high-rise projects in Islamabad and some of them are bringing international hotel chains in Pakistan like the J7 Group of Islamabad. Some of the highly anticipated and top projects are given as under
Radisson BLU Hotel and Resorts Islamabad
Radisson BLU is Europe’s largest and renowned hospitality chain which has around 1700 plus hotels worldwide and around 27000 plus rooms. Strategically located on the main M1 and M2 motorway, it is a gateway to your effortless travel and comfortable stay. Minutes away from the new Islamabad International Airport, Radisson BLU is one project to look out for.
Howard Johnson Hotel by Wyndham Islamabad
Located in the blue area, Islamabad’s central business district, and next to Jinnah Avenue Islamabad’s primary road, the first Howard Johnson by Wyndham will offer a prime location. The property will feature 70 well-appointed guest rooms, a modern fitness center, and other amenities. The hotel is expected to open in 2024.
J7 Icon-Royal Swiss Islamabad
A 5-star masterpiece in the heart of Islamabad, The Royal Swiss Hotel. The collaboration with Swiss International hotels and resorts, the Royal Swiss Hotel is tailored to elevate hospitality in Pakistan to the next level. The project initiated in 2022 is crafted at an accessible location with just a 10-minute drive from Hakla Interchange CPEC. It is situated at Mumtaz City near the new Islamabad International Airport.
Golden Tulip Hotel Islamabad
Golden Tulip, an international hotel chain with a legacy dating back to 1960. It is Europe’s second largest hospitality chain which comes under the umbrella of Louvre Group. Golden Tulip has over 13M royalty members. It has a great history of elegance and comfortable stays. Situated at a very accessible location, which is a 5-minute drive from the new Islamabad International Airport and 2 km from the main M1 and M2 motorway. Golden Tulip is a very reliable brand to invest in.
Double Tree Hotel by Hilton
It contains 167 guest rooms, including 10 suites. Hilton is making another masterpiece in the hospitality industry. The project is set to open in 2025 and includes a rooftop pool, four restaurants, and outdoor cafes. Situated at a prime location on Srinagar Highway which connects the city with the new Islamabad International Airport. Just 4 km from the Airport Terminal, it will become the most convenient option for travelers looking for a comfortable stay. With a Global portfolio of more than 600 upscale hotels in over 48 countries, Double Tree is a hotel to look out for.
Pin92
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