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Park View City Islamabad is a prestigious residential project located in Zone IV of Islamabad, approved by the Capital Development Authority (CDA). Developed by the Vision Group, led by Mr. Abdul Aleem Khan, this project offers a blend of luxury, convenience, and sustainability within a meticulously planned community. The housing venture boasts a strategic location with a 400 ft wide Main Boulevard providing direct access from the highway, as well as alternative access points via Kurri Road and Bani Gala, enhancing connectivity.
Why Park View City Islamabad is the Best
Park View City Islamabad stands out for its modern infrastructure, underground utilities, and aesthetic appeal, setting new standards for urban development. The project offers a diverse range of blocks, exquisite amenities, and convenient payment plans, making it an attractive investment for a wide range of investors and residents. ParkView City Islamabad has received authorization from the Capital Development Authority (CDA) and provides international recreational, commercial, infrastructure, and residential facilities to its residents. Close to various landmarks like Bani Gala, Lake View Park, and Bahria Enclave, this housing society is positioned for potential future returns on investment, making it a sought-after location for real estate investors.
The Price Range of Plots in Park View City Islamabad
The price range of plots in Park View City Downtown Islamabad varies depending on the size, type, and location. Here is an overview of the price range based on the provided sources:
1. Residential Plots
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- 3/3.5 Marla: PKR 30 lakh – PKR 45 lakh
- 5 Marla: PKR 35 lakh – PKR 65 lakh
- 8 Marla: PKR 70 lakh – PKR 75 lakh
- 10 Marla: PKR 70 lakh – PKR 1.2 crore
- 1 Kanal: PKR 1.25 crore – PKR 2.5 crore
2. Commercial Plots
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- Average price starts from roughly Rs. 2.5 crores
- 5 Marla: Starts from Rs. 3 crores
- 8 Marla to 2 Kanal: Varies in price
Park View City Payment Plan
The payment plan for Park View City Islamabad offers flexibility and convenience for interested buyers.
1. Payment Plan Overview
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- Down Payment: Typically 25% of the total plot price.
- Remaining Payment: The remaining amount can be paid through convenient installment plans, usually spanning over several quarters.
- Discount: Buyers can avail of a 5% discount on the total price by opting for a lump-sum payment.
2. Residential Plots Payment Plan
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- Booking: Starts with a down payment, with the rest payable in equal quarterly installments over a specified period.
- Categories: Plots with special features like corner plots, park-facing plots, or those located on the main boulevard may be priced 10% higher than regular plots.
3. Commercial Plots Payment Plan
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- Booking: Typically starts with a down payment, followed by installment payments over a set period.
- Booking: Typically starts with a down payment, followed by installment payments over a set period.
4. Golf Estate Payment Plan
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- Plot Sizes: Offers various plot sizes like 5 Marla, 10 Marla, and 1 Kanal with affordable payment plans and flexible installments.
- Booking: Requires a 25% down payment, with the remaining amount payable in quarterly installments.
The Process for Purchasing a Plot in Park View City Islamabad
The process for purchasing a plot in Park View City Islamabad typically involves the following steps:
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- Selection of Plot
Choose the desired plot size and location within Park View City Islamabad based on personal preferences and budget considerations.
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- Booking
Reserve the selected plot by making a down payment, which is usually around 20% of the total plot price.
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- Payment Plan
The remaining balance can be paid over a specified period, often in quarterly installments spanning over two years.
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- Documentation
Complete all necessary documentation and legal formalities required for the purchase of the plot.
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- Verification
Ensure that the plot being purchased has all the necessary approvals, including NOC from the relevant authorities like the Capital Development Authority (CDA).
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- Finalization
Once the payment process is completed, and all documentation is in order, the plot ownership will be transferred to the buyer.
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- Post-Purchase
After acquiring the plot, buyers can start planning for construction or hold the plot as an investment, considering the potential future returns in Park View City Islamabad.
Is There a Specific Time Frame for Making Payments for a Plot in Park View City Islamabad
Yes, there is a specific time frame for making payments for a plot in Park View City Islamabad. Typically, buyers are required to make a down payment, which is around 25% of the total plot price, to reserve the plot. The remaining amount can then be paid through convenient installment plans, usually spanning over several quarters. This allows buyers to pay off the balance in equal installments over a specified period, often extending up to two years. There are options for lump-sum payments that may offer discounts on the total plot price. It’s important for buyers to adhere to the payment schedule outlined in the payment plan to secure their plot in Park View City Islamabad.
