Several Problematic as well as Beneficial Housing societies in and near Islamabad, Pakistan

 

(Source: Pixabay)

Several housing societies came to market during the time from 2016 and after. Considering the history, during 2003 to 2005, a boom came in the context of housing societies. However, after October 2005 Earthquake, real state sector went down. After that several societies, including Jeddah Town and Green City, came and go. After that from 2006-2007 to 2016-2017, no significant housing society came. However, only old societies keep working. After that due to remittance, some housing societies started working.

In this case, some of the societies are still present that are present on-ground but there is no development in those societies. Among these societies, some are Kingdom Valley, where development is very slow; GFS Society, where development is almost negligible; Nova City, where development started but then stopped; Mivida city, is also not working; Avalon city, which is almost silent; Hawks Melbourne, which is also almost silent; Forest Town, Islamabad, is also almost silent; Saffron City is also almost silent; Mega City, Gujar Khan, is also almost silent; and Abdullah City, Al-Makkah City, and Capital Valley city are also almost silent.

Aside from these societies, there are also other, where some development is taking place, though sometimes development is more and other times less. Among these societies are, Taj Residencia, where previously development speed was slow, but now it is better; Park View City, is also a good housing society and has taken NOCs from government; Blue World City, is also showing development on a large scale; Capital Smart City is also working good; Faisal Town Phase II is also showing good development; Silver City has also taken NOCs from all departments of government and is working on about 5000-7000 kanals of land; New City Phase II and Kohistan Enclave are also developing; and New Metro City, Gujar Khan, is also developing.

Nevertheless, in the case of plots, it is essential to bring plots on-ground or take possession-able plots.

Source:

Gondal Group of Marketing Islamabad - 22 Fraud Housing Projects in Islamabad Rawalpindi | Beware Property Frauds | Scam Housing Projects - https://www.youtube.com/watch?v=5UnoAxUthLk