Best Housing Societies Near Islamabad Airport

Housing Societies Near Islamabad Airport

Are you looking to make an investment near Islamabad International Airport?

If yes, then Graana.com, Pakistan’s smartest property portal, shares the list of some of the best housing societies near Islamabad Airport. 

 

Investing in Housing Societies Near Islamabad Airport

According to different studies, the value of real estate near an airport reduces due to noise pollution. However, the case is different in Pakistan as most of the properties near an airport are actually more expensive – and sometimes even higher compared to other areas of the city. 

Before the opening of Islamabad Airport, property prices were relatively low. But, after it became fully operational in 2018,  prices started to rise in the housing societies nearby.

To see the increase in value, you can take a look at the property prices in housing societies like Top City, Mumtaz City, PECHS (Pakistan Employees Cooperative Housing Society), etc. 

For instance, the price of 5 marla plots in Top City is in the range of PKR 60 to 75 lacs. When you compare it with their prices before the opening of the airport, you will notice the sharp rise in the value of real estate here. 

 

List of Housing Societies Near Islamabad Airport

If you’re looking to invest in the housing societies near Islamabad International Airport, the following is a list of some of the best real estate projects. 

  • Top City-1
  • Pakistan Employees Cooperative Housing Society (PECHS)
  • Airport Green Garden

 

Top City-1

 

Housing Societies Near Islamabad Airport

 

Launched in 2012, Top City-1 is the most lucrative real estate investment near Islamabad International Airport. This modern real estate project is in a prime location, with the airport being just 8 kilometers away.

It is located at the junction of the Islamabad-Peshawar Motorway (M-1) and Islamabad-Lahore Motorway (M-2). This gated community can be accessed from Airport Avenue and Srinagar Highway. 

Top-City 1 has a total area of 1828 acres, which is divided into different blocks, named from A to H. Some of the blocks are developed and some are in the initial stages.

However, all these blocks will have basic facilities and modern amenities that are mentioned below.

  • Gated community
  • Smart security surveillance system
  • Underground electricity cables
  • Parks and green belts
  • Renowned educational institutes campuses
  • Well-equipped medical centres 
  • Commercial areas

If you’re interested in investing in Top-City 1, there are different residential and commercial properties available for sale. The housing society has 5 and 10 marla as well as 1 and 2 kanal residential plots. Commercial plots are available in 5 marla only.

For your convenience, we have shared the prices of various residential and commercial plots below.

 

Plot Type Plot Size Price Range (PKR)
Residential 5 marla 60 to 75 lacs
Residential 10 marla 1.1 to 1.7 crores
Residential 1 kanal  

1.9 to 2.25 crores

Residential 2 kanal 2.4 to 4 crores
Commercial 5 marla 3 to 4.5 crores

 

Pakistan Employees Cooperative Housing Society

 

Investing in PECHS Islamabad

 

PECHS Islamabad is another housing society located near Islamabad Airport. This public-private residential society is in close proximity to Fazaia Housing Society, and a few minutes’ drive away from Islamabad International Airport (at a distance of just 13.8 kilometres). 

The project has a total area of about 4400 kanal that is divided into two phases, 1 and 2. These are further divided into further blocks, named from A to M.

This gated community is easily accessible from Tarnol and there is another proposed entrance from the Srinagar Highway. 

Apart from the location, this housing scheme has some prominent features that you will find in modern residential communities.

  • Availability of water, gas and electricity 
  • Well-carpeted roads
  • LED street lights
  • Central mosque
  • Complete security surveillance through CCTV 
  • Shopping centres
  • High-quality schools and colleges 
  • Quality healthcare centres

The plots in the society are available in different sizes. The residential plots are available in 5, 7 and 10 marla. There are also 1 and 2 kanal plots available.

The prices in this housing society are comparatively low when compared with other housing societies in the same area. 

For instance, the price of 1 kanal plot in the society is available in the price range of 45 to 55 lacs. The price of the plot also depends on the block because most of these are in the initial stages, and the prices are relatively low compared to developed blocks. 

The housing society has recently launched bookings for plots in block M, which are available in both cash payments and instalments. For your convenience, we have shared the complete payment plan for new bookings.

 

Complete Payment Plan

 

Sr. No. Type of Plot Area Down Payment (PKR) Discount on Full Payment Quarterly Instalments Total Price
1 Residential 5 marla 500,000 125,000 275,000 1,600,000
2 Residential 7 marla 700,000 150,000 375,000 2,200,000
3 Residential 10 marla 900,000 250,000 525,000 3,000,000

Airport Green Garden

 

Best Housing Societies Near Islamabad Airport

 

This is another great housing society for investment in the area as it is quite affordable compared to Top City.

Located just 8.5 kilometres and a 15-minute drive away from Islamabad International Airport, this modern residential community is easily accessible from the Srinagar Highway, Islamabad-Peshawar Motorway, and Islamabad-Lahore Motorway.

This real estate project is in the close vicinity of some notable housing societies like Top-City, Eighteen, Mumtaz City, etc. 

In addition to its prime location, this housing scheme offers some of the best facilities and amenities in the area that are mentioned below.

  • Security surveillance via CCTV and patrol cars
  • Availability of public transport
  • Well-maintained green spaces and parks
  • Underground electricity and fibre internet connectivity
  • Dedicated areas for commercial activities
  • Campuses of various schools and colleges
  • Kids theme park

Airport Green Garden has plots available in various sizes, such as 5, 8, 10 marla, and 1 kanal. As it is still in the development phase, you can book a plot and pay in instalments. Following is the complete payment plan for various plots.

 

Sr.no Type of Plot Area Down Payment (PKR) 8 Quarterly Instalments Total Price
1 Residential 5 marla 960,000 280,000 3,200,000
2 Residential 8 marla 1,320,000 385,000 4,400,000
3 Residential 10 marla 1,650,000 481,250 5,500,000
4 Residential 1 kanal 2,850,000 831,250 9,500,000

 

Future Prospects

After the infrastructural development around the area, the prices of real estate have surged to a new level and are expected to appreciate further.

If you look at the price trends of these societies in the last 2 to 3 years, you will see a massive rise. This is due to the demand as well, as more people are looking to live near the airport. 

Amidst the current economic crisis, several people are looking for real estate investment opportunities, and there is no better place to invest than the housing societies near Islamabad Airport as they offer more value in the long term.

For more real estate investment options, visit Graana blog.

 

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