1st Mile Stone achieved: 1st possession announced by CSC

The real estate sector of Pakistan is in a phase of moving from stagnation to growth. The main reason is the recent package of reforms and relief that has been introduced by the current government. The main reason for this relief and reform package is to document the real estate sector accurately to make it a reliable economic indicator of the country. Due to this shift in the government’s policy, the real estate sector of the country is currently witnessing the entry of new players while the veteran investors are observed parking more money in the sector. This economic activity in the real estate sector has also encouraged real estate developers across Pakistan to launch new projects like hi-rise towers and housing schemes.

Capital Smart City is a modern and private housing society located in suburban Islamabad and Rawalpindi. The housing society is being developed by Future Development Holdings which is a wholly-owned and managed subsidiary of the renowned Habib Rafiq Group or HRL. The developers of the Capital Smart City enjoys an impeccable reputation in the real estate sector of the country with an extensive portfolio of real estate projects. The group has completed some of the most iconic real estate projects in Pakistan and abroad. The HRL has not only delivered their own real estate projects, such as Royal Orchard Housing Societies located throughout Pakistan, but has also worked as a third party development and engineering contractor for developing housing schemes for the likes of Defense Housing Authority and Bahria Town. This conglomerate was also commissioned by the Government of Pakistan to plan and develop the New Multan International Airport. The Airport is now fully operational and complete.

The Capital Smart City Islamabad enjoys a premium location. The housing scheme is located off the Thallian Interchange on Lahore – Islamabad Motorway on one side while on the other side lies on the main Chakri Road of Rawalpindi. The housing society is perhaps one of the few housing schemes of the region that has an approved motorway interchange dedicated to the future residents of this housing society. Also, another factor that makes capital smart city one of the best investment opportunity in the region is its close proximity to proposed Rawalpindi Ring Road, New Islamabad International Airport and China Pakistan Economic Corridor route.

Recently, the Capital Smart City Islamabad has achieved another milestone by announcing possession in the developed areas of the housing society. According to the management of Capital Smart City Islamabad, the possession is being announced after 95% of the infrastructural development work has been completed. The amenities that have been deployed and installed in Capital Smart City are electrical wiring, gas pipelines layout, sewerage pipelines layout, sewerage pipes layout, natural gas pipelines layout, street lights, main metaled roads, and fiber optics layout.

The possession in Capital Smart City housing society will start from December 2020. The sectors A, B, C, D, and E in the overseas 1 block of Capital Smart City will start getting possession starting from December 2020. Also, the sectors A and B of the Executive Block of Capital Smart City will also start getting possession from December 2020. As per the management of Capital Smart City Islamabad, the utility charges, possession charges, and other charges can be cleared in installments. This announcement has been done to accommodate the clients due to the pandemic Covid 19. Also, the management of Capital Smart City has also announced that the Lahore Smart City Payment Plan will also be revised soon.

According to Deal & Deals, the premium real estate agency of Pakistan and a platinum dealer of Capital Smart City Islamabad, this is the right time to enter the real estate market of Capital Smart City. Due to the announcement of Possession and proposed Rawalpindi Ring Road, the prices are set for a grand slam home run and short term, as well as long term investor, can reap the best profit from the Capital Smart City. Booking a plot in Capital Smart City is easy. You can contact Deal & Deals Pakistan and an investment consultant will guide you through the process of booking and confirmation. It only takes 15 days to receive the confirmation with a complete file from Capital Smart City Islamabad.