Islamabad, one of Pakistan’s best places to live, is a well-planned metropolis in the Margalla foothills. The nation’s capital has state-of-the-art facilities and facilities of the highest quality for its citizens. However, purchasing a home is a substantial commitment that will need a sizable financial outlay. If you are having problems locating suitable Islamabad real estate, this post is written for you.
There has been a recent influx of residents from outlying areas into the nation’s capital in search of better economic prospects and access to prestigious educational institutions. The demand for homes in the city has expanded in tandem with the population boom.
It can be difficult to determine which Islamabad neighborhood is best for you and your family among the many new residential developments that provide low-cost housing options.
You should know that the most common market trends for Islamabad properties are 5 marlas, 10 marlas, and 1 Kanal. The region’s size, however, may differ from one place to the next.
In these five locations in Islamabad, people searched for homes the most on Zameen.com in April 2019.
Where to Buy a House in Islamabad If You’re Looking for the Highest Demand in April 2019
These are the five best neighborhoods in the nation’s capital to buy a home.
Defense Of Dha
Recent housing market tendencies in Defence, Islamabad. Defense Housing Authority (DHA) continues to dominate the Islamabad real estate market, as evidenced by its 15.7% share of all inquiries for homes for sale in the city.
The defense has always been preferred since it is a desirable community with modern conveniences and a wide range of high-end housing alternatives. Meanwhile, 51.1% of index users were interested in DHA Phase 2, 24.1% were drawn to DHA Valley, and 18.8% were drawn to DHA Phase 1.
On the other hand, a 10-marla home can be purchased for between PKR 1.6 crore and PKR 3.2 crore. 1 Kanal house can cost anything from PKR 3.1 crore to PKR 7 crore, which is quite a chunk of money. If we talk about alternatives to DHA, park view city Islamabad is a great option.
Islamabad, Bahria Town
With 9.9 percent of all searches on Zameen.com, Bahria Town was the second most popular region in Islamabad, with properties for sale. The enormous real estate project was responsible for 9.1 percent of all searches last month, a modest increase from the month before.
Bahria Town Islamabad has maintained its status as the most sought-after gated community in the federal capital due to its wide range of reasonably priced housing options. Meanwhile, 84.7 percent of searches are focused on Bahria Enclave, 9.9 percent on Bahria Garden City, and 4.1 percent on Bahria Golf City.
Five-marla homes in Bahria Town Islamabad can be purchased for as little as PKR 95 lakh and as much as PKR 1.6 crore, while ten-marla properties range in price from PKR 1.8 crore and PKR 3.3 crore. For between 3 and 6 crore Pakistani rupees, you can purchase a 1-Kanal home in this neighborhood.
Once known as the third most desirable spot to buy a home in Islamabad, Ghauri Town has surpassed Sector G-13. While the previous month had a minor increase in searches (3.9%), this month saw a fall (3.8%) for the area.
Ghauri Town has always been a favored location for Islamabad real estate investors due to its proximity to the now-closed Benazir Bhutto International Airport. Among the many phases, it seems people are most interested in purchasing a home in phases 4, 5, and 7. These three phases account for 47%, 18%, and 9.5% of all searches.
Ghauri Town’s home prices shift with the development’s stages. In contrast, the going rate for a 7-marla apartment begins at PKR 90 million and rises to PKR 1.6 billion. The region’s ten marla homes can be purchased anywhere from PKR 1.2 crore to PKR 1.8 crore.
Area Code: G-13
Nearly 3.8 percent of all searches in April 2019 were for homes in Sector G-13. Making it the fourth most popular sector in Islamabad. The previous month, the area scored 4.2% on the popularity index; this month, it scored 4.1%.
With 39%, 24.82%, and 23% of all searches, respectively, G-13/1, G-13/2, and G-13/4 appear to be the most sought-after solutions within the industry. Many 1-, 2-, 3-, 4-, and 10-marla homes as well as 1- and 2-Kanal homes are on the market here.
One may expect to pay between PKR 1.2 crore and PKR 2.3 crore for a 4-marla home.
Location: E-11 Sector
One of Islamabad’s nicest and best-planned neighborhoods, Sector E-11, ranked fifth in the city for home sales in April 2019. About 3.1% of all index queries were related to this region, up from 2.9% the prior month.
The region is highly desirable because of its proximity to the Centaurus Mall and the majestic Faisal Mosque.
Most of the available homes in this neighborhood are either 10 marlas or 1 Kanal in size. The pricing range for a 1 Kanal home in Sector E-11 is PKR 5.3 crore to PKR 9.5 crore. While a 10 marla home in the same area will set you back between PKR 2.8 crore and PKR 4.6 crore.
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