Park View City or Capital Smart City: Where to Invest?
Park View City or Capital Smart City: Where to Invest?
A High-end Housing Society Is The Best Property Investment
An investment is the commitment of an asset or item to accomplish a rise in value over time. An investment mandates the sacrifice of some existing resources, such as time, money, or effort. But a question arises in everyone’s mind that which society to invest in. To clear this hustle, we have chosen two big societies in Islamabad. At the end of this blog, you will be able to make a decision where you have to invest: Park View City or Capital Smart City.
Investment in a real estate property wields tremendous significance in terms of generating lucrative outcomes.
Investing in the best housing society can provide you with a sense of security. When you own your own home, you are responsible for its upkeep and maintenance. However, when you live in a housing society, society is responsible for taking care of the property. It gives you peace of mind and comforts you more, knowing that someone else is taking care of your investment.
There are presently two housing schemes in Islamabad towering tall and magnificent: Park View City and Capital Smart City. Whether it’s Park View City Islamabad or Capital Smart City Islamabad, both are vying for amenities like luxury, comfort, return on investment (ROI), advanced features, and so on.
While Capital Smart city has features, Park View City housing society has proven its mettle as the best housing society to invest in Islamabad. Consequently, the best housing society to invest in Islamabad, like Park View City, has enormous potential for delivering profitable results.
Read on to find which is the best property investment? Park View City Islamabad or the Capital Smart City Islamabad?
Park View City Islamabad
A house in the heart of Islamabad with modern amenities?
Interestingly, it is what everyone desires.
It is where Park View City comes into the picture. Built by Vision Group and owned by PTI senior member Aleem Khan, Park View City is a CDA-approved best property investment.
Investing in the best housing society like Park View City enables you to meet new people and make new friends.
To exemplify, when you live in an apartment, you may be surrounded by people similar to you in terms of age, background, and interests. On the contrary, while living in Park View City, you will have the chance to meet a wide variety of people from different walks of life.
It can enrich your life and provide you with a more well-rounded perspective.
Capital Smart City Islamabad
Given growing housing demand in the twin cities, Future Development Holdings limited (FDHL), real estate developers, have built the Capital Smart City housing project.
It is situated on the M2 Motorway near New Islamabad International Airport, falling on the eastern route of CPEC.
Capital Smart City aspires to be Pakistan’s first smart city and a model for sustainable development.
Best Society to Invest in Islamabad: Park View City or Capital Smart City?
In general, whether it is Park View City Islamabad or Capital Smart City Islamabad, both are premium, prestigious, and the best housing societies to invest in Islamabad.
Still, below is an extensive comparison between the two to help investors decide about investing in the best housing society out of the two.
Thus, which is the best housing society to invest in Islamabad: Park View City or Capital Smart City?
Continue reading to find out which of the two emerges triumphant.
Prime Location
Park View City is situated on Zone IV Jagiot Road in Bani Gala Hills, an outstanding and ideal location.
Furthermore, Park View City is located opposite Park Enclave and faces Bahria Enclave Islamabad. The following is a map of the location:
Capital Smart City is a new eco-friendly attraction with a particular interchange on the motorway (M2). A majestic entry with an 18-lane (400-foot-wide) central boulevard located approximately 5-7 minutes from New Islamabad International Airport. The following is the map of its location:
NOC
Besides its excellent location, Park View City Islamabad is the best property investment that is worth buying. It is one of the few housing societies in Islamabad that the Capital Development Authority has duly approved.
Capital Smart City housing society has a clear NOC Status. The housing society is one of just a few in the area to have received RDA planning and development approval.
As a result, no legal concerns will arise in the future for the investors. The Capital Smart City site is a beneficial housing scheme since it connects to the twin cities’ main highways and motorways. It also includes the proposed Rawalpindi Ring Road.
Features And Amenities
Park View City has the following modern facilities and amenities to provide all-embracing comfort and luxury to its investors:
- World class infrastructure
- Commendable educational institutions
- Best healthcare system
- Imax cinemas for fun and entertainment
- Commercial walking areas
- Zoo and parks to spend leisure time
- Club & Community Center for social gatherings
- Mosque to perform religious duties
- Gated community to ensure all-out security
- Underground supply of electricity
- Load shedding free zone to provide uninterrupted electricity supply
- Luxury apartments
- Food court to enjoy scrumptious meals
- Botanical garden to relish nature
- Environment-friendly housing scheme
- A grandiose golf club, the Golf Estate, to gratify golf enthusiasts.
The salient features of Capital Smart City are given below:
- Eco-Friendly city
- Advanced security
- Green and clean environment
- Metro bus system
- Underground electricity
- 24/7 Water, gas & electricity
- Smart apps i.e., traffic, weather, electricity, internet
- Hotels, shopping centers, and sports clubs
- Smart and modern housing plan
- World class infrastructure
- Mosques
- Parks
- Recreational Activities
Payment Plan
The payment plan of Park View City is affordable with flexible 2-year installments. The plot prices are also expected to rise after some time. The plots could easily be booked by just paying the 25% down payment. The remaining dues after the down payment could be paid in 8 quarterly installments.
Park View City spans 1200 canals. The plan divides into various blocks labeled A through H. The plots are available at reasonable, competitive, and inexpensive costs. Plot prices in Park View City begin at 3.5 million. Likewise, the plot sizes range from 3.5 Marlas to 2 Kanal. Moreover, the construction work of Park View City is around half finished.
Capital Smart City segregates into the residential sector, commercial sector and recreational sector.
Plot prices in Capital Smart City begin at PKR 1.9 million. Property for sale is obtainable with a 10% down payment, and the remainder is divisible into equal monthly or quarterly installment payments stretched over a ten-year term.
Park View City or Capital Smart City? Park View City Is The Best Property Investment
Investors who are perplexed in deciding whether it’s Park View City Islamabad or Smart City Islamabad should have crystal clarity that Park View City is the best housing society to invest in Islamabad.
After discussing the chief factors of both societies at great length, let’s see why you should prefer Park View City over Capital Smart City:
Location
The first and foremost precedence you should give to Park View City over Capital Smart City is because of its location.
Park View City Islamabad has a 400-foot-wide Main Boulevard ideally located opposite Bahria Enclave. It is only a 15-minute drive from Serena Hotel Islamabad and a 5-minute drive from Bahria Enclave and Bani Gala.
In addition, an 8-kilometer drive from Chak Shahzad through the Park Road and the Kuri Road via the Kashmir Highway, Lehtrar Road, and Islamabad Highway.
Consequently, Park View City lies in the heart of Islamabad near Serena Hotel and the Bahria Enclave.
On the contrary, as the name suggests, Capital Smart City is situated on M2 Chakri Interchange Motorway near Islamabad International Airport. It is not located at the core of Islamabad like Park View City.
Are you asking yourself, Park View City Islamabad or Capital Smart City Islamabad?
Then, victory goes to Park View City over Capital Smart City to attract more investors due to its exceptional location.
Covert/Concealed/Hidden Charges
You should give preference to Park View City over Capital Smart City since Park View City has no hidden or concealed development charges. All the amounts the investors must pay are disclosed in advance, and they won’t have to pay any additional price later.
Contrarily, Capital Smart City has hidden charges that it hasn’t yet divulged or disclosed. This society additionally charges its investors for the smart features they claim will be installed after the development of the plot. But the customers are kept in the dark about these concealed charges initially.
As an outcome, Park View City wins out over Capital Smart City.
Expansion
Park View City envisions flourishing its project beyond the boundaries of Pakistan. For this purpose, the developers of Park View City have successfully conducted an expo in London. The launch date of its base office in London will soon be announced.
On the other hand, Capital Smart City has no plans to expand its project so far.
Once again, your choice for the best housing society to invest in Islamabad should be Park View City.
Transparency
No housing society becomes the best property investment until it entrenches transparency and clarity into its development fabric.
That’s where Park View City yet again becomes the best housing society to invest in Islamabad.
From file transfer to plot possession of the plot, Park View City emphasizes transparency and legitimacy in all of its dealings with the clients.
Nevertheless, as mentioned above, the undisclosed development charges in Capital Smart City cast a shadow over transparency in its dealings with the investors.
So, what is your best property investment pick?
For us, the unmistakable winner is Park View City over Capital Smart City.
Conclusion
In the end, Luxury, comfort, and harmony do not just come by purchasing low-cost plot in any housing society. Rather, you can derive real pleasure by investing in the best housing society while living in Islamabad.
Considering the cost-effective payment plan, up to snuff facilities, prime location, and duly approved NOC by CDA, the question of Park View City or Capital Smart City should no longer exist.
The answer to the above question stands stark, Park View City is the best property investment.
Hence, Park View City takes precedence over Capital Smart City in terms of being the best housing society to invest in Islamabad.
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