When we talk about affordable housing in Islamabad Capital Territory area, then only ICHS-Islamabad Cooperative Housing Society comes in our mind. The society has gained ample popularity in attracting investors towards the low-cost properties the affordability of the land is astonishing and energies one to invest money in the land no matter what the current financial situation is. There are huge number of investors who are interested in a recent launch of plots in Phase I-Extension. It is one of the best opportunities for investors to have affordable plots in an easy term of installments. Let's have a close look on the details of the project and deals. 

Launched Plots & development Status 

The Quaid Block of ICHS Town Islamabad has been launched. The real estate developers have introduced 5,7 and 10 marla and 1 kanal residential plots along with well-developed 4 marla commercial plots. The installment scheme allows everyone interested a chance to pay in easy form of payable amount divided in two sections. A person can pay half of the full amount as down payment that will be considered as the value of the land. The next two and a half years are allocated for the payment of remaining amount. It is also separated as the development charges of the property in ICHS Town Islamabad. 

The developers have shared the payment scheme of residential plots by explaining the size, down payment and the development charges that one has to pay in installment. The down payment of 5 marla plot is 325,000 and the development charges are 319,000. The down payment of 10 marla plot is 650,000 and the down payment is 625,000. The down payment of 1 kanal plot is 1,20,000 and up. 

The company has successfully launched 4-marla commercial plots that are easily available for people on quick payment. These plots are divided in three distinctive categories where the first class is front commercial. This class of plots are located in the society on the main road and the total cost of the area is PKR 2.8 million. Corner plots come in the second category of plots that have the overall property cost of PKR 2.5 million. All other kinds of plots are available in the range of PKR 1.8 million and 2.2 million. The price of old plots carries from the price of new plots. The cost of 5 mala residential plots in Phase I ranges between PKR 800,000-1.1 million and the cost of 1 kanal ranges from 2.2-3.5 million. 5 marla plots in extension ranges between PKR 300,000-400,000. PKR 1.2-1.3 million is the total cost of 1 kanal plots.

 This real estate property is the right opportunity for all who are interested in long-term investment in Islamabad. The margin of investment can be higher in coming years as the interest of people would increase in this land. 

The Real Estate experts have reported that 70% of development work has been completed by the company with construction of roads and grid station, so one can invest by contacting the reputable property consultants or directly to the project management. 

 

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