Most Famous Areas to Buy a Home in Islamabad

The main fact, according to the official reports from the Census is that the Islamabad population grew from 805.236 people in 1998 to 2.006.572 in 2017. This indicates how the city has grown to accommodate people from all over the country who are moving here to work well and to improve their quality of life.

The fast population rise has also witnessed a dramatic surge in the number of housing developments and communities in Islamabad. Since it seems like a popular alternative to rent houses and apartments in Islamabad, property investment has always been a smart decision. However, you can't decide on a whim if you want to buy real estate in Islamabad.

It's always a good investment to invest in Real Estate. Whether the locals or abroad Pakistanis, the purchase of property is an appealing way of investing hard-earned money in Islamabad. As a well-planned town and the picturesque Margalla Hills, Islamabad is much tougher than other Pakistani towns.

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But why do most individuals opt to buy plots rather than homes or apartments? Well, two explanations exist for this. First and foremost, land prices always increase and appreciate over time, while houses or apartments lose value because of wear and tear. The second reason is that no maintenance is required in plots.

In this article, we will discuss Islamabad's popular housing schemes. Here are the famous and best areas to buy a home in Islamabad.

  1. DHA Islamabad

With 16.7% of the total searches, the Defense Housing Authority Islamabad remains the most popular place to buy property in the city. The top place in the index has remained in this region since its inception considered to be a good place to acquire real estate in the federal capital.

When you want to buy a property in Islamabad, defense phase 2, DHA valley and defense phase 5 seemed to be the area's most popular resorts with a 35.1%, 27.4%, and 15.5% search result respectively. In DHA Islamabad the price of 5 marla houses ranges from 23 lakh to 2 crores PKR. Similarly, you may purchase PKR 1.25 Crore to PKR 3.3 Crore for a 10 Marla home.

When it comes to buying an apartment, a 2-bedroom apartment in Defense Islamabad ranges between PKR 27 lakh and PKR 1.3 crore, compared with PKR 40 lakh and PKR 2 crore for a 3-bedroom apartment. PKR 75 lakh to PKR 2.5 crore is offered for a 4 bedroom flat.

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In Defense Islamabad, you may purchase a 5 marla property between PKR 6 lakh and PKR 4 crore while prices vary between PKR 35 lakh and PKR 5 crore for 10 marla plots. But 1 canal plot cost PKR 22 lakh to PKR 15 crore in this area.

  1. Bahria Town Islamabad

For January of 2019, Bahria Islamabad placed third with a 6% search, an increase of 0.2% compared with December 2018. The most popular region with 90.3 percent searches, Bahria Enclaves seemed to be the second and third with 6.9 and 2.3 percent searches, respectively. Bahria Garden City and Bahria Golf City. With Bahria Town one of the most renowned residential and marketing developments in several major Pakistani municipalities, it was not so surprising that it is well known among everyone.

However, of the housing kinds accessible at the Islamabad district of Bahria, the cost of a 5-marla unit ranges from 1.5 to 3.5 crores for PKR 67 lakh to 1.7 crores for PKR. In Bahria Islamabad, however, 1 channel house costs may be rather costly, ranging from PKR 2.6 to PKR 6.2 crore. Similarly, two-bedroom Bahria apartments cost PKR 40 lakh to PKR 2 crore and 3-bedroom flats cost PKR 86 lakh to PKR 2,12 crore.

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  1. Gulberg Islamabad

With 8.6 percent of total searches, Gulberg Islamabad secured the second position on the popularity index, a marked increase from the previous month's searches of 7.8 percent. Introducing a housing project known as the IBECHS Phase III, launched in 2005 by the intelligence office employee cooperative housing scheme. Furthermore, the three most sought-after locations inside Gulberg Islamabad appear to be Gulberg Residencia, Gulberg Greens, and Gulberg Business Square.

The purchasing tendency for Gulberg's 5 marla homes is between PKR 65 lakh to 1 crore PKR. Similarly, between PKR 75 lakh and PKR 3 crore, the 10 marla house is priced. Prices are from PKR two crore to PKR 4.5 crore for 1 channel house.

If you are interested in purchasing a 2-bedroom apartment in Gulberg Islamabad, the price is PKR 15.3 to PKR 2.3 lacsand 3 bedroom apartments in Gulberg between PKR 22.95 and PKR 3.45 crore.

In the PKR 2.1 lakh to PKR 5.5 crore ranges the price for 5 marla pieces falls, while 10 marla pieces cost 6.5 crores between PKR 4 lakh and PKR 6. In the meanwhile, a 1-channel plot may be purchased in the region for PKR 7.5 lakh but, depending on the neighbourhood, this amount might reach up to 1.75 crores.