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Overview of Development and Prices in Top City-1 Islamabad

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Kami2k
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Overview of Development and Prices in Top City-1 Islamabad

Post by Kami2k » Mon May 02, 2016 2:09 pm

Our recent field trip to Top City-1 Islamabad gave us positive vibes about the new city already, with development on the rise; things are looking bright for investors and buyers alike. The New City's Link to Kashmir Highway extension leading up to the New Islamabad Airport is an invaluable plus; and yet there are more reasons for investors and buyers to be interested in Top City Islamabad as their new destination.

We do have modern housing societies like Bahria Town and DHA doing well in the outskirts of Islamabad, yet the Top City could be for those who prefer a more "efficient" and "technology assisted" lifestyle. We have "public Wifi", "e-health" service, "smart surveillance" and "e-government" – these are some of the many amenities Top City wishes to introduce here for the first time in Pakistan.

With steady progress going on at Top City-1, it probably isn't a bad time for investors and home owners alike to think about investing in TOP CITY-1 – keeping in mind the property value could appreciate considerably once the Construction of Kashmir Highway project gets underway.

Development Status

The development of all sectors show a reasonable steady progress, with the "B" sector taking a substantial lead. Top City-1 is now offering possession of property in the B Block.

Few pictures of the society taken during the trip are attached below:

topcity pictures 3 topcity pictures topcity pictures2 topcity picturess topcity picturesse topcity picturesx topcity-1 islamabad pictures2 topcity-1 islamabad picturess topcity-1 picture islamabad

Land Value Appreciation over the last 6 months – An Overview

1 Kanal plots in Blocks B and C show an approximate 25% increment in value over the last six months or so, the prices of the 10 Marla plots in D & A Blocks for example have risen from 26 lacs to 30 lacs.

The 1 kanal plots in the Alpha (A) block show a price rise of 35 lacs to 45 lacs since November 2015.

The 1 Kanal plots in C Block show an average rise of 7 lacs with prices rising up to 35 lac from 28 lac back in late October.

The F block nearest to the Terminal Airport Building has shown a capital value rise of about 34 lac from 25 lacs last year.

10 Marla plot prices in E and F blocks have also increased significantly, especially in E which is considered a better option as compared to F block due to land condition. 10 marla plots normally cost around 22 to 24 lacs which is around 30% higher than the prices last year.

5 marla plots launched last year in H block as Top City-1 Fantasia have also seen some price increment, especially due to installment feature. The plots are a bit expensive though, however this is the only option available for those seeking installment option with a flexible payment plan. Prices of 5 marla plots have been revised to 20 lacs for fresh booking of limited options while the old ones are also being sold at a little profit.

Since the actual mega development is yet to be materialized i.e. functioning of New Islamabad International Airport, there is much room for growth in the months to come and the trend is expected to continue which makes it one of the most lucrative investment options available today.

For more details and queries on the project for clear and in-depth understanding of this investment, do make us a call, email or visit personally at our office in F-10 Markaz.



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