Blue World City Vs Capital Smart City – Pakistan’s property market is witnessing a considerable upheaval right now. All of this has been spurred by the government’s policy initiatives in the property and construction sectors. For example, it was once common to identify real estate prices low throughout a sale to avoid paying taxes. In adjunct to these changes, the government has enacted a substantial tax relief program for the property industry.
Property activity has grown around the country due to the implementation of this program, with an unprecedented increase in the number of real estate deals. The real estate sector in Pakistan’s capital, Islamabad, also benefits from the restructuring and relief package.
Islamabad’s housing market is always a robust and vibrant industry that earns interest from Pakistan and outside. The first alternative for real estate investors and potential homeowners in Islamabad, as in other cities in Pakistan, is to invest in new housing projects societies.
Since private organizations were authorized to perform land construction, there has been a pattern of investing in Islamabad’s property sector, particularly housing societies. Capital Smart City Islamabad & Blue World City are two of the most well-known private housing developments in the area. These two residential areas have exceeded investors’ and prospective homeowners’ estimates.
Blue World City Islamabad
The Blue World City is a sophisticated housing estate in the Islamabad and Rawalpindi suburbs. The acclaimed Blue Group of Companies is developing the housing community. The Blue World City lies near the Chakri Interchange on the important Lahore-Islamabad Highway. Blue World City Islamabad has a fantastic strategic location since it is built near the projected Ring Road. Aside from that, the community has a substantial presence on Rawalpindi’s Chakri Road.
This allows for easy access to Rawalpindi and Islamabad’s urban centres. Moreover, the Blue World City is among the area’s few still-affordable residential projects. According to Blue World City Islamabad administrators, they were able to deliver plots at such a price as they are in the middle of purchasing an additional 60,000 Kanals of land to supplement the 40,000 Kanals that are already accessible.
Aside from that, Islamabad and Rawalpindi’s Blue World City is destined to become a tourism landmark. The society will include a water amusement park and life-size reproductions of world-famous buildings such as Dubai’s Burj Al Arab and Istanbul’s landmark Blue Mosque. The Blue World City Islamabad is aimed at prospective homeowners who want to establish their homes in Islamabad in a community that is both inexpensive and full of modern conveniences and luxury.
The developers established the residential society in 2018, and since then, a significant infrastructure construction process has been completed. Indeed, according to Blue World City’s builders, the residential community will be completed and occupied within the next several months.
Capital Smart City Islamabad
Capital Smart City is a cutting-edge private housing development. Future Development Holding, a wholly-owned and managed subsidiary of Habib Rafiq Limited HRL, is building the capital smart city. The HRL is a well-known name in Pakistan’s real estate industry, with a diverse portfolio of enterprises.
The Islamabad Capital Smart Metropolis is a one-of-a-kind development that is not just inexpensive but also on track to become Pakistan’s first smart city. The community was started in 2018 and had been rapidly growing since then. Capital Smart City’s initial ballot has recently been completed, and ownership has been proclaimed for the bulk of sub-sectors in the foreign block.
Apart from that, when contrasted to other residential properties in the neighborhood, Capital Smart City has one of the most significant locations. One of the few societies in the vicinity with an approved forthcoming interchange from Lahore Islamabad Motorway is the Capital Smart City Islamabad. After receiving an NOC from the Rawalpindi Authority, the community is legally certified.
One aspect that the investors in this residential society examine is the speed with which the society’s infrastructure is being developed. Capital Smart City’s rates are currently at 1.8 million for a 5 Marla plot.
Both the Capital Smart City and the Blue World City are excellent investments. These residential properties accept bookings with as little as a 10% deposit, with the remainder of the cost distributed into equal monthly or quarterly installments over 3.5 to 4 years.