New Islamabad International Airport and property investment
Islamabad is one of the most beautiful capitals of the world. Islamabad has immense natural beauty. People from different part of Pakistan always prefer to relocate in Islamabad as it offers wide range of facilities including the employment opportunities. Due to the expansion of Islamabad and under construction CPEC, government has planned new airport in Islamabad. New Islamabad International Airport is under construction and will be opened for flights on 14th of August 2017.
Due to New Islamabad International Airport there is great rise in property prices which are near to it. Many housing societies have even witnessed 100-200% price rise in last 1 year. But some societies have also sustained losses like Top-City I and Mumtaz City Islamabad due to expansion of the airport as land in these societies will be incorporated for the expansion.
Time to invest in societies near New Islamabad International Airport
Overall real estate market is stagnant in Karachi, Lahore and Islamabad but in Gwadar and areas near to Islamabad International Airport, we can see boom. This boom is not going to end soon as societies near to Islamabad International Airport will even see another boom by end of 2017 when Rawalpindi Ring Road will be completed. Rawalpindi Ring Road is also part of CPEC as it will connect Rawat Industrial Zone to Fatehjang Road and New Islamabad International Airport.
New Islamabad International Airport and societies for investment
There are many housing schemes which are near to New Islamabad International Airport and are best for the investment. But always buy plot in society which has NOC allotted by local development authority and also has no litigation issues. Here are the best societies for property investment;
PAF Fazaia Tarnol Islamabad
Engineers Cooperative Housing Society D-18 Islamabad
AWT D-18 Islamabad
Shalimar Town Islamabad
Faisal Town F-18 Islamabad
Faisal Residencia E-17 Islamabad
University Town Islamabad