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Sector I-14 | The Low Cost CDA Project

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MirzaShuja
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Sector I-14 | The Low Cost CDA Project

Postby MirzaShuja » Wed Mar 30, 2016 6:00 pm

Sector I-14 is one of the very few affordable CDA sectors that offer potentially rewarding real estate investment opportunities. Right now, this low-cost project is in the phase where gradual price appreciation is reflective of the fact that Islamabad is not entirely about plush and posh residential projects; there is also a decent demand for affordable property options, even in the CDA Sectors.

If you, too, are interested in owning a cheaper plot in Islamabad, check out the available plots for sale in Sector I-14.

Location

Sector I-14 lies on GT Road and is fairly close to the under-construction New Islamabad International Airport. Any infrastructural development that assists an easy access to this much awaited facility will definitely benefit this sector as well.

Moreover, roads and main avenues leading to this part of the federal capital are undergoing a facelift. The renovation of I J Principal Road, which connects Islamabad Expressway with GT Road near the eastern edge of Sector I-14, has also spiced things up for plot owners who are excited about the steady growth being observed in this sector’s property values. This road’s renovation will significantly reduce the distance of Sector I-14 from the central areas of Islamabad.

Plot sizes and rates

Since I-14 is a low-cost CDA sector, plots here are smaller in size, ranging between 3 to 9 marlas. Rates of these plots vary per their location and I have noticed that the western side of this sector is cheaper than the eastern side. This is because from the GT Road, the main entrance route that leads to I-14 is in the east.

Here is the price range of plots in Sector I-14:

Plot Size Price Range
3 Marla PKR 2,200,000 – PKR 2,600,000
4 Marla PKR 2,400,000 – PKR 3,200,000
5 Marla PKR 2,600,000 – PKR 4,200,000
6 Marla PKR 2,800,000 – PKR 4,500,000
7 Marla PKR 3,000,000 – PKR 5,500,000
9 Marla PKR 4,000,000 – PKR 7,500,000
Price trends in 2016

Just this far into 2016, the average value of residential plots in I-14 has increased by almost 4% and I expect that the upcoming months will bring along even higher profits. My assessment is based on the fact that the neighbourhood of this sector is seeing decent activity spurred by infrastructural developments, thanks to the New Islamabad International Airport. Moreover, finding smaller and affordable plots in a CDA sector that is completely developed is a tough deal to bag these days.

Development status

Sector I-14 is completely developed and electricity, gas and water in place. Possession for all plots is also available and many families are currently residing here, enjoying the perfect CDA planning on a smaller budget.

Investment tip


I have learnt that the plots located in lanes that lie around Rifah International University are more in demand as this area is close to the route that connects I-14 with GT Road. Due to this reason, the more expensive options also lie in this particular area.

If you wish to purchase plot with the intention to build your home soon, the traffic in this part of the sector may bother you, so I recommend you pick something at a bit of a distance from here, perhaps north of Rifah University. For investment purposes – with the short to medium term in mind – the central parts of I-14 will fetch good gains, Insha’Allah.

Note: Some of the information quoted in this article is sourced from Sky Marketing CEO Muhammad Usman Alam. For further consultation, he can be reached at +92-300-8355477.




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Re: sector-1-14-the-low-cost-cda-project.html

Postby Picasso » Thu Mar 31, 2016 2:30 am

Any information about I-15?

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Re: sector-1-14-the-low-cost-cda-project

Postby MirzaShuja » Sat Apr 02, 2016 1:18 am

Starting from 16+ for 6 Marla depending on locations.


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Re: Sector I-14 | The Low Cost CDA Project

Postby chem » Sun Apr 03, 2016 6:10 pm

Gas is not available nor any pipes layed down here. Main line of gas passing and going to I-16, where test connection provided to some houses build there. I-14 Roads are really in worse conditions but location is very good. CDA development and mentinance is way pathetic here. Only boring water is available but expensive deep boring and may not succeed often.


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