Park View City Islamabad is a beautiful and high-end residential project that is located in Zone IV of Islamabad. CDA has approved the mentioned project, and developmental work is ongoing on the site. The Vision Group owns the project, and they aim to develop it into one of the posh residential areas in Islamabad.
Park View City is accessible from different areas of Islamabad and Rawalpindi. The main boulevard of Park View City is 400 ft. wide and makes it accessible without any inconvenience. In addition, park View City can be accessed via Kurri Road and Bani Gala. It is a family-friendly residential project and has gained popularity with rapid development.
Here is a detailed overview of the project, its features, and why it is beneficial for prospective investors.
The owners and developers of Park View City are the Vision Group. This group has worked for years in the domains of real estate, development, management, and other related domains. It is their years of experience that will make this project a masterpiece.
The Vision Group was founded in 2012, and since then, it has worked on milestone projects like Abdul Aleem Khan Foundation, Park View Corporate Center Lahore, The National School, Park View Signature Apartments Gulberg, Lahore, and Park View Icon, Karachi, etc.
The Vision Group has developed all these projects providing the best aesthetic and infrastructural outlook. Because of the previous projects, customers have expressed their trust in this group for the Park View City master plan.
The mentioned residential project is based on what was previously known as Malot.
CDA is the authority that issues No Objection Certificates in Islamabad. CDA is expected to issue NOC to Park View City soon as the competent authority. Once the Park View project is approved, the number of investors will increase because people want to be sure about their investment.
Park View City Islamabad location map shows that it is accessible from different parts of Islamabad and Rawalpindi. Some of the famous areas that can be accessed from Park View City include Serena Hotel Islamabad, Bahria Enclave, Bani Gala, etc.
Along with these destinations, it is also close to Chak Shehzad, Kuri Road, and Park Road. The routes that can be used for the aforementioned sites are Kashmir Highway, Islamabad Highway, and Lehtar Road.
Park View City Islamabad location map shows that it is a prime location in Islamabad and offers big opportunities to the investors. Different access roads are being built to make accessibility further easier for this residential project. These include Malot Road, while another access road is being built directly from Kurri Road.
The total area proposed for this project is 7000 Kanal. The mentioned area will cover different types of properties like a commercial, residential, parks, blocks specified for health and entertainment purposes, etc.
As this project is located in the prime location of Islamabad, its beauty is unmatched. Moreover, as it is located close to Bahria Enclave, it adds to the value of the plots in this project. The sceneries in the area proposed for this project and on the roads leading to it are mesmerizing. Further developmental work will add further to its beauty.
Botanical Garden in Islamabad is close to Park View, and its gate 2, along with the main entrance, gives easy access to this beautiful facility. The main entrance of this project is at Rawal Chowk, which is a key location.
This residential area is away from the noise and air pollution and offers healthy living. Those who are seeking tranquility and serenity can choose it for their dream residence. A 200 ft. wide road will connect it to the rest of Islamabad. CDA has already approved this road, and developmental work is ongoing to develop it in the decided period.
Park View City master plan has been decided by experts in fields like urban planning, architecture, and engineering. In addition, the planning committee has ensured that the plan of different residential and commercial blocks is beneficial for the inmates.
Park View City master plan is one of the intricately designed master plans keeping in view the future needs. It is comparable in sophistication to the top developmental projects. There have been multiple views of the master plan to ensure that it is flawless.
The review team has been comprised of original designers and experts from other development companies. Thus, this immaculate master plan will be one of the best in Pakistan for modern housing.
Park View City comprises different blocks which have been organized in alphabetical order. Park View City Islamabad location makes it possible to organize these blocks based on the plot sizes, uses, and prices. The new addition to these blocks is Block J, which the developers have recently added.
There are five marla plots in Block A, B, F, J, and K, while 10 marla plots are available in A, B, F, H, I. Block B, C, E, F, N, and M has 1 Kanal plots available for investors.
The customers can avail of 2 Kanal plots in Block D and P. As the developmental work continues, the value of plots in different blocks will rise.
Terrace C block in Park View City is one of the most affordable blocks. It offers residential plots of different sizes to investors. This block’s prices are comparatively low compared to other posh residential projects in Islamabad.
The currently available plot sizes for sale in Terrace C block are 10 marla. This block is fully equipped with modern facilities, and the investors will find it worth their money.
A and B blocks of Park View City offer residential plots of multiple sizes. These include 5, 10 marla, and 1 Kanal plot sizes. The rates of plots in this block are low and affordable for people from the middle class.
The variety of sizes offers the inmates choice in plots.
The H Block of Park View City Islamabad offers 5 and 10 marla and 1 Kanal plot sizes. Thus, it depends upon the finances and choice of the investor to choose their ideal plot size.
The Walk Commercial Downtown is the commercial center of this site. It will offer entertainment and life needs to the inmates of this city. There are different sizes of commercial plots available in the mentioned area.
Interested investors can contact customer support or affiliated services providers for plot booking.
The commercial plots in this area include sizes of 6 and 8 marla. While the walk size is 1 Kanal. The investors can decide for themselves which one would best fit their needs.
Block K of the PVC has 3.5 marla residential plots that are available at low rates. These plots are for families with low income who can’t manage to save money for their homes. The residential plot sizes in this block are of the following sizes.
While there are commercial plots of two different sizes available, these are given as follows.
The down payment for booking these plots is 20%, and the remaining installments are to be paid in 8 installments. The installment plan span is 2 years, as it is convenient for customers from different financial backgrounds.
Here is a brief overview of the Park View City Islamabad payment plan for different blocks. The payment plan has been kept flexible and affordable compared to the plot sizes.
The plot sizes and their prices are given as follows.
There are two types of commercial plots in this block. 6 marla plot is available for 42,000,000, and the membership fee is 100,000. The down payment is 25% of the total plot cost. The remaining payment is to be made in 6 quarterly installments.
8 marla commercial plots are available for 56,000,000 while the membership fee is 200,000. Each quarterly installment is about 7,000,000.
There are three different residential plot sizes available in Block A and B. These include 5 marla, 10 marla, and 1 Kanal. The down payment for each plot size is 25%, while the remaining amount is to be paid in 4 quarterly installments.
The cost of 5 marla plot is 6,500,000, 10 marla plot is 10,000,000, and that of 1 kanal is 25,000,000.
Terrace C block has 10 marla residential plots available at 10,000,000. The down payment is 2,500,000, while there are 4 quarterly installments.
C, D, E blocks of Park View City Islamabad have 1 and 2 Kanal residential plots available. The down payment for all these plots is 25%, while there are 4 quarterly installments.
The 1 Kanal plot in Block C is available for 25,000,000, while that E block is available for 25,000,000 and 30,000,000, as there are two different types of plots of the same size.
The 2 Kanal plot size in the D block is available for 30,000,000, which is comparatively better in price.
Block F has five different plot sizes available. These include 5 marla, 10 marla, and 1 Kanal plot. 5 marla plot is available for 5,000,000 while 10 marla plot is available for 8,500,000.
The 1 Kanal plots have different categories and are available for:
There are 4 quarterly installments for the payment of the plot cost.
The payment plan for Block H in Park View City is for three different sizes of plots. These include 5 marla, 10 marla, and 1 Kanal. The total price of 5 marla plot is 6,500,000 while that of 10 marla is 10,000,000.
1 Kanal plots are available for 30,000,000. The membership fee varies for all these sizes and starts from 7,500.
There are four categories of residential plots in Block J. These include 5 marla, 10 marla, 1 Kanal, and 2 Kanal.
The price of 5 marla plot is 6,500,000 while that of 10 marla is 10,000,000. The 1 Kanal plot price is 30,000,000, and that of 2 Kanal is 65,000,000. The down payment for each type of plot is 25%.
The comparison of prices of different blocks in Park View City shows that its prices might be higher than in some residential societies. But if we compare it to the overall rates in Islamabad, it is affordable. The location of the plots makes them worth the cost.
A 10% higher fee will be charged for category plots like the corner, park facing, and those on the main boulevard.
Park View City is being developed by a famous name in real estate development and management. They have ensured that the inmates of this project will avail all possible facilities like that of metropolises. Here are some main features and amenities of this project.
3D technology and IMAX cinemas will be the prime source of entertainment for the residents of this city. They would be able to avail themselves of entertainment in the enclosed area they inhabit.
The commercial walk of this city will help the inmates avail products of great brands. They won’t need to go shopping in other areas of Islamabad.
The developers ‘ main aim is a fun and healthy environment for the residents. For this reason, they have included parks and zoos.
Community centers and clubs have been included in the master plan to ensure that the residents engage in healthy activities and interactions.
Hospitals and other related health facilities will be necessary for the project. They will be fully equipped and have expert staff.
Schools, colleges, and other educational facilities will be a part of the city. The development of the National School under the supervision of the Abdul Aleem Khan Foundation is the first step in this regard.
Mosques and other religious facilities will also be part of Park View residential society.
Park View City will ensure that the inmates of this project are completely secure, and for this reason, it will be a gated community. In addition, the boundary wall and surveillance of the area will help in keeping the inmates safe.
Water, gas, and electricity supply will be ensured in the vicinity of this city. The management will ensure that the water supply doesn’t become a problem for the residents, and proper planning has been done for this purpose.
The electricity lines will be kept underground to ensure the safety of the residents. It will also keep the electric lines safe from natural problems like winds, rain, etc.
The surveillance of Park View City will be done through CCTV cameras, security guards, and entry points.
The infrastructure of this society will be modern and according to the standards of world-class cities. It will be kept in tandem with the beauty of Islamabad and will reflect a combination of Pakistani and Western architecture.
Park View City apartments are an alternative to ground plots. They will be fully equipped with modern facilities like a gym, swimming pools, laundry, etc. These apartments will be comparable to high-class residential zones in Islamabad.
A botanical garden has been included in Park View City Islamabad to add to its beauty. It will enrich the beauty of this area and add to the fertility of the soil. The mentioned garden will be developed with imported plants from different parts of the world and will make a unique example in Pakistan.
Park View City Golf Estate is one of the recently launched blocks. It is one of the lavish blocks of this city and will add to its scenic beauty of it. The location of this block is close to Bahria Enclave, and it is accessible from Gate 2 of Park View City.
It is an escape from the city life of Islamabad and Rawalpindi, where the residents will be able to enjoy a peaceful life. Moreover, they will have the facility of playing golf and enjoying the scenic beauty of Margalla Hills. The stunning views of Margalla Hills and Golf lawns will be heaven for gold lovers.
This block has a 9-hole Golf-Course which will fulfill the players’ needs. In addition, there are different residential and commercial plots available in the Golf Estate.
The plot sizes for residential plots include 5 marla, 10 marla, and 1 Kanal.
The payment plan for Golf Estate has been kept flexible like other blocks. The sale of plots in these blocks has been launched recently based on a first-come, first-serve basis.
Park View City Golf Estate payment plan is given as follows. The price for 5 marla plots is 8,000,000 while the down payment for it is 2,000,000. Each installment for it is about 750,000.
The price for 10 marla plot is 15,000,000 while the down payment for it is 3,750,000. Each of the eight quarterly installments is about 1,406,250. The price for 1 kanal plot is 25,000,000 while the down payment is about 6,250,000. Each monthly installment is about 2,343,750.
There are 8 quarterly installments for the payment of plot price. There is specific membership for each size of the plot. If the plot belongs to category plots, an additional 10% will be charged.
Many ex-pat Pakistanis want to own a home in a respectable location. Park View City Overseas block offers this opportunity. Like Golf Estate, it has been launched recently, keeping in view the needs of overseas Pakistanis. The persons eligible for residence in this block will be NICOP holders.
The standard of this block will be like foreign cities, and the overseas Pakistanis won’t feel the difference. The planning for this block has ensured that all world-class facilities are provided to overseas Pakistanis. This block is a tribute to overseas Pakistanis’ efforts to help develop Pakistan.
Park View City Overseas Block location is close to the Gate 1 of the city. This premium block is kept near the commercial downtown. It will soon turn home to elite living.
Overseas block has been designed to fulfill the needs of inmates and provide luxuries that are not available in other parts of Pakistan. Some of the important facilities include the following.
Park View City Islamabad Overseas Block payment plan is affordable if compared to the elite facilities. The residential plots include 5 and 10 marla plots, while the payment can be made in installments spanning 3 years.
5 marla plots can be availed at 6.500,000 while the down payment for it is 1,625,000. The amount of each installment is 608,375. The price of 10 marla plot in the Overseas Block is 11,000,000 while the down payment is about 2.750,000. The amount of each installment is 1,031,250. The 1 kanal plots can be availed at the cost of 25,000,000 while the down payment is 6,250,000. Each of the eight quarterly payments is 2,343,450.
There are 8 quarterly installments for the payment of the remaining amount.
If a customer is interested in booking a plot in Park View City Overseas Block, they should bring the following documents to the relevant office.
Next-to-Kin CNIC Copy
Passport Size Photo (2)
Because of being one of the prime blocks, the speed of the sale of the Overseas Block plot is faster. So, interested investors should contact the offices concerned in time.
There was a need for a new residential project in Islamabad. Park View City came to the view to ensure that the residential needs of the inmates are fulfilled without any hurdles. The real estate prices in Islamabad and the reason residential projects like Park View City can help keep them in control.
If we look at the plot prices in other parts of Islamabad, they cost millions in the purchase. So, the availability of these projects will ensure that residential needs are fulfilled at affordable costs.
The possession of plots has begun for those who have paid the cost of their plots. That for the remaining will continue with the passage of time. Balloting will take place at regular intervals to ensure fair play in the distribution of plots. It is a lifetime investment and provides infinite opportunities.
The development work is continuing at a fast pace, and the ground-leveling process is ongoing. The developmental work in Blocks A and B is almost complete, while the rest will be completed soon.
A Block is being developed earlier than the proposed time span, and a water treatment plant is being installed there. The main entrance and boundary wall are being completed, while the former is in the finished stages. The lines for water and gas are being installed to facilitate the inmates. The green areas will be focused especially during the development process to keep the area in a natural state.
The 200 ft. wide main road of the project is almost complete, which will make all blocks of Park View City accessible from the main gate. The access roads are also underway to ensure that it is connected via multiple routes to different parts of Islamabad.
The balloting process for different parts of Park View City is continuing at regular intervals. The first balloting took place in March 2019, and the remaining phases will continue till the last plot. Those who have cleared their outstanding dues are eligible for the balloting.
Notable names in different fields attended the first balloting. Owners were assigned plot numbers based on the size and block. Also, the balloting process for the extension block has taken place.
The balloting process is done through a computerized process so that there is no doubt in the distribution process. Once a plot is assigned to a person, they will get the complete documents and details in a week.
The pros of this project are many, while the only con of this project is comparatively high prices. Here are some of the main pros of this project.
If a customer is interested in purchasing a plot in Park View City Islamabad, they should consider the following facts before proceeding with registration.
It is better that you verify all documents of the project, including the NOC, so that you don’t have any worries about your investment.
You should ensure that your finances are able to bear the extra expenses in the form of installments and other payments. If this is fine, you are good to go.
You should visit the site and see if you find it fine. If it is completely satisfactory, you should proceed with purchasing the plot.
It is quite easy to book a plot in Park View City, Islamabad. However, the following are the requirements that you should fulfill while visiting the office concerned for booking.
Applicant’s CNIC Copy
Nominee’s CNIC Copy
Passport size pictures
Down Payment according to the plot plan
Park View City is a brilliant project that will ease the acquirement of residential and commercial plots in Islamabad. It is a unique opportunity for investors who want to own a plot in Islamabad. Its world-class facilities and promising future ensure that it is the best investment.
Banks like Bank Alfalah and Silk Bank are providing financing schemes to help own a plot in Park View City, so the customers can also utilize them. It is an exquisite opportunity which they shouldn’t miss.
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