The capital of Pakistan is well known for offering secure surroundings, organised infrastructure, and high quality of life, making it the #1 choice of property seekers from across the country. In terms of real estate, Islamabad offers a range of property sizes and the price differs as per the area you are targeting as well as the size of a plot. Luckily, there are many areas with 5 marla plots for sale in Islamabad boasting the average price range of PKR 4 to 6 million (PKR 40 to 60 lakh), which we will discuss below in detail.
Top Areas with 5 Marla Plots for Sale in Islamabad between PKR 40 to 60 Lakh
In this post, we will specifically look at the areas with 5 marla plots for sale in Islamabad, which fall under the average price of PKR 4 to 6 million, as per the user behaviour observed on Zameen.com over the first half of 2019. Here are the 10 most popular areas accordingly:
Based on the data above, we can conclude that Bahria Town, Sector I-14, and Sector I-12 are considered the best areas to purchase a 5 marla residential plot at prices averaging between PKR 40 to 60 lakh. The remaining areas include housing schemes like Naval Anchorage, Pakistan Town, National Police Foundation (Sector O-9), Soan Gardens, River Gardens, Qutbal Town, and Swan Garden.
We will now discuss the top three areas in detail, in terms of their real estate market.
An upscale residential community that offers gated and secure surroundings, as well as a range of opportunities for both new and seasoned investors, Bahria Town in Islamabad tops the list when it comes to 5 marla residential plots between PKR 40 and 60 lakh, as per the data we’ve collected in August 2019.
Accordingly, the average price of a 5 marla plot in Bahria Town is around PKR 44.69 lakh, and the most popular properties in this price range are available in Bahria Enclave, which is one of the most luxurious housing schemes in the development. Sector N, Sector I, Sector H, and Sector B1 feature plots for sale between PKR 40 and 60 lakh here. The lowest price of a 5 marla residential plot in Sector N is PKR 40 lakh, while a residential plot of the same size can be bought in Sector H, starting from PKR 45 lakh.
Overall, Bahria Enclave offers plenty of facilities and amenities, enticing people to buy a plot in the housing community. The development is well planned, with 100-feet wide roads, underground provision of utilities, availability of commercial areas in proximity to homes, and green spaces and parks dotting the society. Schools, hospitals, cinemas, and mosques are also part of the development here, all boasting nearness to the Islamabad Expressway.
As Islamabad is a well-planned city, each alphabetically named sector is further subdivided into 4 phases. Each phase features a central commercial Markaz where people can shop for their basic necessities. Sector I-14, which is the next on our list as per our data records for the first half of 2019, is no different. It borders Sector I-13 to its east and Sector I-15 to its west, while being located on the edge of Islamabad, where it meets its twin city, Rawalpindi.
The average price as recorded in August 2019 for a 5 marla plot in Sector I-14 is PKR 54.37 lakh, with the most popular sub-phases being I-14/1, I-14/3 and I-14/4. Within these areas, prices of 5 marla plots can be as low as PKR 48 lakh.
While being connected to the Grand Trunk Road and having its own commercial centre, Sector I-14 also offers high-quality educational institutions for both boys and girls, along with mosques and convenience stores. The sector is quite popular with university students due to the abundance of hostels that offer an easy commute to NUST, which is located nearby. Sector I-14 is also home to Riphah International University, making it an ideal dwelling for students.
While Sector I-14 has been developed, the next sector on our list with residential plots under 6 million is Sector I-12, which is still under development by the Capital Development Authority (CDA). However, plans for the sector have revealed that it will be developed similar to its neighbours, with a range of amenities on offer in all four of its phases.
As of August 2019, the average price of a 5 marla plot in Sector I-12, is PKR 45.60 lakh. As per the proposed plans of the sector, 5 marla residential plots will mainly be available for purchase in I-12/3 and I-12/4, out of which, I-12/3 is the most popular among buyers, with the minimum price standing at PKR 41.5 lakh for a 5 marla.
In terms of facilities, the CDA will eventually develop the sector to match its neighbours, offering a central commercial Markaz, as well as schools, colleges, and hospitals for residents to benefit from. With Islamabad being a fairly greener city, the sector will also have its share of parks and other shared public spaces where residents can bond with a sense of community living.
These are the top three areas from our data records with 5 marla plots for sale in Islamabad between PKR 40 and 60 lakh. If this is in line with your investment budget, then you’re on the right track. Browse through the listings on Zameen.com for 5 marla plots for sale in Islamabad and find the right one for your particular needs.
Another popular area with 5 marla plots in the same price range is River Gardens, offering scenic views of the Soan River, with average prices of PKR 41.50 lakh. You may also consider Pakistan Town with its ideal location on the main Islamabad Expressway and 5 marla plot prices averaging around PKR 48.67 lakh. Islamabad also offers a dedicated society for serving, and retired naval officers and 5 marla plots in Naval Anchorage are priced at PKR 49.62 lakh on average.
You can also go through our Islamabad property market report for H1 2019 to determine the most popular investment areas in both Islamabad and Rawalpindi and expand your search accordingly.
Keep following Zameen Blog as we will continue to bring you an analysis of different property types, sizes and price ranges for major cities in Pakistan in the coming days. Send us an email at email@example.com if you have any queries.