Apartment in Islamabad Rawalpindi area

[blueagle]

I'm planning to buy an apartment in Islamabad / Rawalpindi area. I live in the UK and I'd like to visit Pakistan regularly with the kids. I want something newly built either in Islamabad (CDA) or in one of the major housing societies like Gulberg, DHA, Bahria etc.. If I can find one that's currently in pipeline and I can make a down payment and the rest in instalments that'd be ideal. I'm thinking when its not occupied (by myself or by my parents) then I can generate some income from it by listing it on airbnb etc..
What would you suggest and why? Thank you.

 

[Azadkashmir]

I'm planning to buy an apartment in Islamabad / Rawalpindi area. I live in the UK and I'd like to visit Pakistan regularly with the kids. I want something newly built either in Islamabad (CDA) or in one of the major housing societies like Gulberg, DHA, Bahria etc.. If I can find one that's currently in pipeline and I can make a down payment and the rest in instalments that'd be ideal. I'm thinking when its not occupied (by myself or by my parents) then I can generate some income from it by listing it on airbnb etc..
What would you suggest and why? Thank you.

funnily enuff i have friend who told me same story as yours.

 

[PakAlp]

This is a good thread on investment in Pakistan

Investment Ideas in Pakistan with $65,000 (Rs. 1 Crore)?

Thank you guys. Well, that property was fully purchased months ago and the family in Karachi goes there to party on weekend. I am not renting it. I did try to invest in Roshan Pakistan via its Dollar options but unable to invest because there is no way to invest there in the US $ domination. I...

defence.pk

I'm planning to buy an apartment in Islamabad / Rawalpindi area. I live in the UK and I'd like to visit Pakistan regularly with the kids. I want something newly built either in Islamabad (CDA) or in one of the major housing societies like Gulberg, DHA, Bahria etc.. If I can find one that's currently in pipeline and I can make a down payment and the rest in instalments that'd be ideal. I'm thinking when its not occupied (by myself or by my parents) then I can generate some income from it by listing it on airbnb etc..
What would you suggest and why? Thank you.

Good investment but make sure you have some sort of connections before hand, if you have a close relative who can look after it, and visit in once a while then it be fantastic. You certainly don't want someone doing kabza on it.

 

[Imran Khan]

always get in building which is under construction not on papers

 

[PakAlp]

Another thread on it

Investing half a million pounds in pakistan

It would be much easier to guide you if you can tell us about ur professional back ground. all the suggestions are good but subjective. means, 1 construction very good but subjective to the fact if u have a skilled.person who can help u locally by handeling the fraudulent property scamers which...

defence.pk

 

[Trango Towers]

funnily enuff i have friend who told me same story as yours.

bro I have just spent 7 years in Pakistan. do not buy an apartment. buy a house for sure but not an apartment. A lot of bad things happen in apartment blocks and not ideal for families. Additionally, issues with neighbours such as noise, maintenance etc.

 

[Azadkashmir]

bro I have just spent 7 years in Pakistan. do not buy an apartment. buy a house for sure but not an apartment. A lot of bad things happen in apartment blocks and not ideal for families. Additionally, issues with neighbours such as noise, maintenance etc.

i would never buy apartment it is my friend who is interested. i prefer farm life away from city corruption.

 

[Sulman Badshah]

Skyline G-13 is newly built

 

[blueagle]

OK seems like I should stay away from apartments. Do you think even apartments in upper class societies like Bahria, Gulberg etc.. are a big no no?
If that's the case then what housing society would you suggest for buying plot and building a house? Or any particular area in Islamabad? I just want a safe and secure place whenever I visit Pakistan with my kids. I want them to have a positive experience over there.
I've my dad and couple of uncles I can trust so that's not an issue. I also have a family member who's in the trade so he'll be the one I'll rely on whatever I buy.

 

[313ghazi]

Skyline G-13 is newly built

i found a very old article saying the utlities there are not in place.

Sector G-13, Islamabad Is Deprived Of Basic Facilities - Zameen News

Sector G-13, Islamabad comprises of 1000 families and more than 1500 houses are under-construction. However, living there is like living in a village

www.zameen.com

Has this now changed?

 

[Indus Pakistan]

I'm planning to buy an apartment in Islamabad / Rawalpindi area. I live in the UK and I'd like to visit Pakistan regularly with the kids. I want something newly built either in Islamabad (CDA) or in one of the major housing societies like Gulberg, DHA, Bahria etc.. If I can find one that's currently in pipeline and I can make a down payment and the rest in instalments that'd be ideal. I'm thinking when its not occupied (by myself or by my parents) then I can generate some income from it by listing it on airbnb etc..
What would you suggest and why? Thank you.

I am thinking of doing the same. For us British Pakistani's Islamabad is perfect. From there we are also within reach of our native districts.

 

[Dr-who]

Try f-10 area, flats there are of mixed prices from 1cr to 2.5/3cr depending on facilities.
Zarkon heights is also a possiblity.
G13 skyline as someone posted.
If you can adjust a bit further out from main Islamabad and can live in "Islamabad" then u can look at those flat on main gt road which are close to dha/bahria town.

 

[313ghazi]

I am thinking of doing the same. For us British Pakistani's Islamabad is perfect. From there we are also within reach of our native districts.

I'm just worried we don't turn it into Chavistan.

It is perfect though. It's clean, modern, like you said located close to most of our ancestoral homes, has all the brands and city life most of us here are used to.

In a few years time, once i've paid off my extension, i want to do the same thing. Get a small house or apartment, nothing fancy, 3-4 bedrooms, something to come home too. AJK is nice, but if i ever moved back it wouldn't be to the pind.

 

[Sulman Badshah]

i found a very old article saying the utlities there are not in place.

Sector G-13, Islamabad Is Deprived Of Basic Facilities - Zameen News

Sector G-13, Islamabad comprises of 1000 families and more than 1500 houses are under-construction. However, living there is like living in a village

www.zameen.com

Has this now changed?

Roads are carpeted, lights are on, electricity is underground (almost no electric and gas load-shedding), parks are being developed

Currently, water supply issue is not fully resolved but everything is fine in the sector

 

[خره مينه لګته وي]

This building is under construction 10+ Floors....9 already finished..

Location is Good but it's in Pindi.. About few Kms away from GHQ but on Main Road, Islamabad is near from This location + Rawalpindi Saddar + Markets are within walking distance + McDonald's & subway within 40 meters + Beaconhouse School main campus is right next to it..

Racecourse park is also nearby.

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Distance from Islamabad international airport to Rafay mall building.

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progress so far on the building...

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From Rafay Mall to bahria Town distance given in pic below & From Airport to Bahria town it will be close to 46km.

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The building on left is beaconhouse school campus...
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Owner of Rafay Mall Building is the Guy whose Picture you can see on the Poster, he is also the owner of Roz News Channel, he has a talk show program sachi batth but dont know the timing of program lol... This pic is taken few months ago.

You can check the location+ pictures on Google Map.
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Apart from that i dont know much about the price of apartments + other details... yeah they've a website & its given on google maps rafay mall page..

Anyway this building is not in bahria or dha.. i went to Bahria town about 2 months ago & there is a lot of construction going on + new buildings are under construction on the main road, probably in DHA bcz Both Towns are on left & right side of main road.. I'm not in a property business so i cant provide more information.. maybe other members will help u.