Friday, September 20, 2024

Post 14/30: Capital Smart City, Islamabad – Basic Information

 

(Source: Zameen)

I thought of learning about different aspects of Pakistan, as I want to do something for it. Therefore, I started with some of the well-known indices or reports that would help me in gaining more information about Strength, Weakness, Opportunity, Threat (SWOT). These were 12 posts. You can search my posts related to Pakistan by typing: #UsmanZafarParacha_Pakistan

Now, I have been learning about real estate business in Pakistan. I have started from Youtube videos and hopefully during my learning Journey, I will get some more useful resources to move ahead in this learning and perhaps entering into the real estate business.

I have seen a video, titled, “Capital Smart City Overseas East | Possessionable Plots | Balloted Plots Complete Guide” on the channel “RBS Real Estate & Builders”

Capital Smart City is a housing project in Islamabad, Pakistan, located near M2 Motorway. In a video by RBS Real Estate & Builders, hosts tell that Overseas East Block in Capital Smart City is ready to possession. There is also Overseas Prime 1, which can also be considered as one of the most rapidly developing areas. In this area, different options are available including 5 marlas, 7 marlas, 10 marlas, and 1 kanal. Some commercials are also available here. In the East, several options are available too, including 5 marlas, 10 marlas, 12 marlas, and 1 kanal.

The host also discusses about balloted plots for which clients may not want to get possession. Balloted plots are those to which street number, plot number, etc. (each and everything) have already been declared, and clients with those plots have already come on-map. So, in case of balloted plots, a client has already moved ahead of files, and they can see the plot on map (whether it is corner plot or park facing etc.) These types of plots are available in Overseas Central, Overseas East, Overseas Prime 1, and Executive.

The host also discusses about short term investment and commercials. In this case, Overseas East has already some options for commercials. Commercial activities have already started in Overseas East. For instance, in the Overseas East D Block, already a commercial plaza has been started under the supervision of a private company. Moreover, Overseas Central has good options for commercials. This area has a university and hostels that can grab commercial investment.

In case of installments with minimal downpayments, Overseas West Block can be a good option. For instance, with 40% balloting can be started.

Follow my Hashtag #behtareenkitalaash on Youtube: https://www.youtube.com/hashtag/behtareenkitalaash

Sources:

https://www.smartcitypk.com/

RBS Real Estate & Builders - https://www.youtube.com/watch?v=2ApAkM7z4GQ


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