The Faisal Town Phase 2 Sector X is one of the biggest housing projects in the twin cities area. Chaudhry Abdul Majeed is a well-known developer spearheading the project at Zedem International. The developer is concerned with systematic planning and modern infrastructure in all the projects. Consequently, a number of investors have confidence in the company’s developments.
Presently, Faisal Town Phase 2 covers 80,000 kanals of land. Nevertheless, the developer plans to expand into neighboring areas. According to market estimates, the project may eventually reach nearly 200,000 kanals. Thus, the society is still attracting the interest of buyers and investors.
Within this large project, Faisal Town Phase 2 Sector X plays a significant role. The sector is located towards the eastern direction of the Overseas Enclave. In addition, the sector is located near the Rawalpindi Ring Road. Due to such a strategic position, Sector X is attractive to residents and investors.
Besides, the developer designed the sector as a contemporary residential area. Big streets facilitate smooth traffic flow. Correspondingly, the green areas and planned layouts are advantages to the living environment. Hence, Sector X has become one of the most promising areas for many investors in the real estate market in Faisal Town Phase 2.
The status of the first question most buyers ask who wish to invest in property. A No Objection Certificate is a confirmation that a housing project complies with legal and planning regulations. Before the development plans and documentation are approved, authorities tend to check them.
Nowadays, the NOC for Sector X is still under review by the Rawalpindi Development Authority. The authority pays close attention to the land records and development plans. This is done to meet the standards of planning of the project.
The investors also show continued confidence in the investment, despite the fact that the approval process is still ongoing. The prime factor is the developer’s strong track record. An illustration is the Faisal Town Phase 1, which was well-received and popular among people. Similarly, Faisal Hills also appealed to a lot of buyers owing to its planning and location.
Due to such successful projects, investors anticipate the process of regulatory approval without any problems. In turn, Sector X has long-term investment interest.
The location of any housing project is a major determinant of project value. Fortunately, Faisal Town Phase 2 Sector X offers excellent connectivity across the region.
The sector is along the Thalian Interchange in the Lahore-Islamabad Motorway (M-2). The motorway is accessible to the residents in a few minutes. Thus, it becomes easy and fast to travel to Islamabad, Rawalpindi, and other cities.
Also, the sector is directly connected to the Rawalpindi Ring Road. A number of areas in the twin cities will be connected through this major road. Consequently, the people will have reduced travel time and easier daily commuting.
Owing to these road networks, Sector X is one of the most approachable sectors in the Faisal Town Phase 2.
The location of Sector X has easy access to the main points of interest. Such distances enhance convenience to the residents as well as investors.
Lahore-Islamabad Motorway (M-2) can be accessed within four minutes. Equally, the Islamabad International Airport is within a five-minute radius.
Besides, Chakri Road provides another entry point to the society. In the meantime, the Rawalpindi Ring Road will place the area on a route to some of the key areas of Rawalpindi and Islamabad.
Thus, Sector X offers one of the most convenient places near the airport corridor.
Faisal Town Phase 2 and its surroundings are still expanding at a very high rate. The developers of real estate consider this area a developing real estate center.
There are a number of popular housing societies that operate in the neighborhood of Sector X. Such communities are the Capital Smart City, DHA Gandhara, Mumtaz City, and Top City-1.
All these projects form a powerful residential cluster in the area of the airport. Therefore, real estate in the neighborhoods is on the increase.
Moreover, the sector is also positioned near the China-Pakistan Economic Corridor (CPEC) route. This is a corridor that contributes to economic progress and infrastructure in the region. Thus, this region has a high potential for long-term investments.
The beautiful Margalla Hills are also viewed in some parts of society. Such a picturesque environment also increases the attractiveness of the project.
The Sector X master plan is geared towards systematic growth and modern infrastructure. The developer engaged Meinhardt Group, which is a renowned company in architectural design.
The planners developed a balanced zoning plan. This design is conducive to the living standard of the inhabitants in the future. In addition, it makes sure that the daily amenities are kept within the reach of houses.
Consequently, the sector is set out to provide a properly planned and independent residential project.
Sector X offers a variety of residential lots to various buyers. Investors searching for a Faisal Town Phase 2 Sector X Plot for Sale can choose from the following sizes:
5.56 Marla
8 Marla
10.89 Marla
14.22 Marla
1 Kanal
These options give small and large families the opportunity to choose an appropriate size of property. Hence, the customers are able to align their investment and budget with the housing requirements.
Sector X has a well-planned road system that facilitates traffic circulation. Residential blocks are linked with commercial locations by wide boulevards.
The width of the roads is 120 feet to 180 feet. These broad streets enhance movement and facilitate urban movement. This means that the residents will be able to move freely within the community.
Various facilities supporting community living are also included in the master plan. These amenities enhance comfort and convenience for residents.
Future developments will include large parks, green belts, Jamia mosques, schools, and business zones. Such areas enable people to provide daily services within society.
So, Sector X wants to offer a comfortable residential environment with a balanced one.
The payment scheme of Sector X provides a flexible payment plan to both the investors and future residents. Residential plots in terms of 5.56 Marla through to 1 Kanal can be purchased by buyers.
Registration PKR 20,000 for each category in each category of plot. Besides, the developer also provides a discount on numbered plots. This is one option permitting the buyers to have almost a 20 percent discount.
Due to such a price system, investors will be able to acquire plots at reduced prices as long as the development is in the initial stages.
This is a plot of about 139 square yards. The base price stands at PKR 3,475,000. The original price is increased with the registration charge to make PKR 3,495,000.
Nevertheless, customers who choose the offer of the discounted price can have the plot at approximately PKR 2,790,000. The plot is ideal for small families and those who are first-time investors.
The 8 Marla is a plot of approximately 200 square yards. This size allows it to have extra space to construct residential buildings.
The base price equals PKR 4,645,000. The registration fee will give a total cost of PKR 4,665,000.
Under the discounted facility option, the plot can be purchased by the buyer at around PKR 3,730,000.
It is a medium-sized plot that is approximately 272 square yards in size. Customers like this category since it has a balanced price and space.
The base price stands at PKR 6,045,000. Once the price is added to the registration fee, the overall price will be PKR 6,065,000.
The reduction in price that will apply to this type of plot is approximately PKR 4,850,000.
This is a residential piece of land, which is approximately 356 square yards. The space allows bigger designs of homes.
The base price equals PKR 7,565,000. The registration charge will make it PKR 7,585,000.
Buyers, however, can get the plot at approximately PKR 6,060,000 at the discount option.
Plot 1 Kanal is the premium option of Sector X. The plots are of about 500 square yards.
The base price stands at PKR 10,135,000. The total cost upon adding the registration fee will result in PKR 10,155,000.
Nonetheless, consumers opting for the discount strategy will be able to buy the piece at approximately PKR 8,120,000. As such, the initial investors will be able to save almost PKR 2 million.
Faisal Town Phase 2 sets an objective of providing modern infrastructure and comfort in living. The primary boulevard is almost 350 feet wide. Broad roads enhance the movement of traffic and also give the city a systematic structure.
Also, the developer intends to have underground utility systems for electricity, water, and gas. These systems enhance the reliability of services in society.
The society will have a number of large establishments that will benefit the residents. These are international standard hospitals, an Education city containing universities, sports complexes, and playgrounds.
Moreover, the project will include parks, green belts, community clubs, and entrance gates. A 24-hour CCTV surveillance will ensure security throughout the society.
These facilities are designed to provide self-sufficiency and security for the household.
Sector X is still of great interest to the investors due to various reasons.
One, the sector is directly linked with the Rawalpindi Ring Road. This highway will have an excellent effect on the connectivity in the region.
Second, the project is near the Islamabad International Airport and the Lahore-Islamabad motorway (M-2). The connections enhance convenience for the locals.
Third, the developer has a great image in the real estate market. Successful planning and delivery are evidenced by the previous projects.
At last, development works have already taken place within the project region. Even land leveling and infrastructure preparation are visible on location.
Thus, there is a potential that property values can be increased significantly due to further development plans and approvals.