Park View City housing society is an intriguing residential area, being developed by Vision Group. It is offering residential plots, commercial plots, residential flats, and apartments in Islamabad. The luxury residential project offers world-class amenities such as a grand mosque, famous schools, a massive hospital, Park View Mall, and a massive community center.
The opulence of this housing society is detectable from the 200-ft broad main road, broad streets beautiful community, ample green belts besides the roads, playground, parks, and underground electricity.
To discover more about this Park View City, browse the under the article. You should be wondering if all of the hype is really worth investing your own hard-earned cash in! Given below is an article with five reasons that you need to focus on if you want to invest in Park View City!
Advantages of Park View City
1. Ideal Location
The first and foremost allure of this luxury home Society is its place. Park View City is situated at Malot Road which is located on 15 minutes drives from Kashmir Highway. It is located very near to Serena Hotel.
The 200-ft Primary boulevard of the society is available throughout Murree street from the Kashmir Highway and Islamabad Expressway in a driveway of 15-20 minutes just. Due to which we can conclude that Blue Area is only 20 to 25 minutes away from society. This creates a society ideally located for both residential and industrial purposes.
Even though the housing scheme is suitably near to the main city and is easily approachable. PVC housing society also has the advantage of the landscape of mountains and hills of Bani Gala surrounding it. The calmness of the beautiful landscape near the city center is the ideal bundle for building your dream home.
It has all the facilities which are available in other housing society like Capital Smart City.
2. Commercial Area with the grandeur entrance
The Main road of Park View City housing society is 200 feet wide. It links Park Road from Jinnah Avenue Islamabad; it is almost 90 to 100 feet wide.
A broad access road Contributes to simpler and faster traveling to and by the society, resulting in rapid and effortless work traveling and permitting you to enjoy the serene calmness of your lavish home society.
Another reason You Will Need to invest in Park View City is the industrial area is located right following the entrance. Commercial regions bring industrial and business activities into residential jobs which raises the dwelling and value of life in a society.
The Reality Is that commercial place is situated directly at the Entrance means it is going to find a bigger footfall since it will also be available to surrounding societies like Bahria Enclave and Park Enclave in this circumstance. These industrial regions appeal to property developers to build landmark ventures and shopping malls. This will further increase the demand for the housing society.
3. The fast pace of development work: Possession in A and B block of Park View City
The development function in Park View City is occurring at a Quick pace. Two of the blocks, Block A and block B are now developed and possession was also awarded in these blocks. In addition, the construction of homes has already begun in these cubes.
The street network of further blocks can be developed at an extremely speedy pace. The building of the grand Jamia mosque has also begun and work is in progress at a fast pace. We believe the society will be developed over 2-3 decades and the neighborhood will be prepared for everyday lifetime functionality.
You can find a further update of development in details on park view city
4. Successful Developer
We have reinforced any due diligence of a property project Is not complete without analyzing the capability of the programmer to provide the job. Park View City has been developed by Vision Group. The chairman of Vision Group is Aleem Khan who is a renowned political figure and one of the leading Minister of Punjab.
Being connected with such a character does supply the Job with additional authenticity. It certainly lessens risks associated with growth and construction.
Moreover, the portfolio of the developers consists of Park view Signature Apartments, Park View Villas, and corporative Center in Lahore and Park View Icon in Karachi, all of these implies that the team has a powerful management team and the capability to deliver projects on large scale.
5. Overseas block of Park View City
Overseas Block of the Park View City is the latest block of this fascinating home endeavor which is providing everybody’s needs. From residential and industrial plots into classic apartments to villas this society reflex interesting attraction for everybody.
The shortly Going to start is based on global standards to fulfill all of the housing requirements for overseas Pakistani. This cube is very launched at the arrangement of overseas Pakistanis that are searching for an identity, understanding and a secure place to purchase Pakistan.
Found Close to the commercial downtown of this undertaking and provides its residents a prosperous investment along with an elite life.
6. The Art of Maintaining the Economy
Since it had been Started in mid-2017, Park View City has maintained the market alive and busy for the previous 3 decades. The continued recognition of this home society at the property marketplace of Islamabad shows the assurance of the marketplace has boosted in time.
There are numerous approaches employed by the management of Park View City which have contributed to the achievement of distinct projects which are started from the housing society in different time. Broadly speaking, underpricing occasional and strategy deals would be the two chief tactics that we have detected.
7. Allowing unsuspecting investors to rotate funds
Sudden Investors prefer to rotate their capital between distinct goods. They’d invest in the first phases of a product life cycle and depart until the market gets stagnant. By establishing their products occasionally, Park view City can keep its short-term investors since they may rotate their capital between distinct goods. Considering that the investor trusts the undertaking and is pleased with the yields, he prevents him from moving into other endeavors
So, by now that the shareholders were prepared to depart from 3.5 marla residential plots, the society caught them by surprise and started 2.5 marla commercial that was a massive success.
In Brief, the Planned launch of merchandise from Park View City gains investors by Permitting them to replace their investing among various goods. Moreover, This allows end users to examine the reach of every product before they Choose 1 product for long-term investment
8. Larger plot dimensions
Another Fantastic thing about Park View City is their Storyline Sizes are bigger than other societies normally. The size of a 5 marla plot is 1300 square feet with dimensions 26′ x 50′. Moreover, the size of a 10 marla plot in Park View City is 2450 square feet with measurements 35′ x 70′. Therefore, 1 marla is equal to 250 sq. ft. Normally That is a whole lot bigger than other comparable societies.
Some of the other pros of the society are:
- No litigation Concerns regarding NOC or permissions
- All basic and modern amenities provided
- Peaceful Environment
- Pollution free zone
- Great return on investment
- Water traces are present 50ft under the ground
- Society will be a load shedding free zone with its own power plant
Disadvantages
1. Prices are considered higher
The cost of plots in society is a little higher than that of other housing societies in twin cities. But with all the facilities and big plot size. It is quite justified. Therefore, while prices of Park View City look bigger than other societies of Islamabad, we believe they are actually justified given much bigger plot measurements, premium land, as well as the fact that development costs are Contained in the purchase price.
2. Slow development work
Developed work in the housing society was slow at the start but now they have revised their plan and focused on the speed of the development. If you go and have a look at the society then you will know that roads are completely constructed. Some of the housing is also constructed and people are living in it, while many are under construction.
4. Allegations about NOC
Park view city housing society have already acquired legal NOC and planning permission from Capital Development Authority and other concerned departments. But for some time, there was allegation related to NOC of the society which was proved wrong as it was just a rumor spread by competitors. Now we are hearing such rumors again.
The summary of society is astonishing and following its fruitful implementation, Park View will be among the very best societal orders in Islamabad. After all, Park View seems to be a good venture chance for both investors as well as the individuals who wish to live inside.
SkyMarketing is the top-notch marketing organization and it is advising you to take advantage of this prospect and book yourself a perfect plot within an amazing new home venture.