Investment in Shalimar town Islamabad

Islamabad international airport is surrounded with many housing societies and investors are keen observers of these housing societies since last 2-3 years. If anyone is looking for investment options in order to get better return in that area, then all you have to do is to understand all the projects clearly and then make a final decision.

Here are the few details of these projects by having a look on Shalimar Town, Islamabad.

Location:

Location always plays an important role in the decision making about real estate investment. Shalimar town is a well-known project with a prime location and got the advantage of new airport near it. Shalimar town is at a distance of around 6km from the new airport and nearest to Islamabad-Peshawar Motorway.

Read also: 7 Best DHAs For Pakistan Real Estate Investors To Look For!

Features:

Shalimar town offers 5, 7, 10, 15 and 20 Marla residential plots. There is a good opportunity for investors as possession is available. According to some authentic news, there is a chance of rise in prices of plots in the future.

NOC:

It is very important and necessary step to check all the legal and required approvals before investing in any venture. And, Shalimar town has got all the legal approvals from their concerned authorities. For checking the approval of any layout plan, you can visit the website of Rawalpindi Development Authority.

Development:

The development work in Shalimar town is rapidly progressing according to some real estate agents. The infrastructure has fully completed. Moreover, the sewerage and underground electricity system has also been installed, while the Sui gas facility has not been introduced yet.

Price Trends:

Type                                  Prices

5-Marla plot                     PKR 2,200,000- PKR 2,400,000

7-Marla plot                     PKR 2,700,000- PKR 3,000,000

10-Marla plot                   PKR 3,300,000- PKR 3,500,000

15-Marla plot                   PKR 4,000,000- PKR 4.200,000

20-Marla plot                   PKR 5,000,000- PKR 6,000,000

According to some source, the prices in Shalimar town are comparatively less than other societies.

Investment Appraisal:

There are many housing societies where one can go and invest with the purpose of return.  Shalimar town is among one of most profitable for the purpose of investment. Construction work is going to complete so the prices in last year have nearly doubled up. Moreover, whenever the new airport will be inaugurated, the prices over here will go further up.

Read also: The Fluctuation of Pakistan’s Economy and Its Impact on our Lifestyle


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