Residents of Islamabad know that living in an apartment is much more convenient than managing a whole house, which can hardly ever have a fully functional gymnasium or a spa. And in order to do so, only a few may be willing to move away from the city centre. In this regard, the CDA sectors having plots marked for apartment projects come to the buyers and tenants’ rescue. However, such sectors aren’t found in abundance at the moment. This can potentially change soon, especially in sectors located closer to Kashmir Highway.
The sector to capitalise on
In terms of infrastructural development, Islamabad has a long way to go. This also accounts for huge potential for growth in property rates, especially in comparatively cheaper sectors and areas. Sector G-11 is a one perfect example for it. Its main access via Kashmir Highway and proximity to all other CDA sectors and other important parts of Islamabad and Rawalpindi make G-11 a perfect place for residents and tenants. And that’s in addition to the fact that rates here are much lower than its neighbouring sectors.
The airport impact
Compared to other developed CDA sectors, G-11 is located closer to the recently inaugurated Islamabad International Airport and all the planned commercial, residential, and mixed-use developments planned to adorn its vicinity. In fact, Islamabad’s Zone II and parts of Zone I connected with Zone II have seen major addition of real estate developments during the last couple of years. This also stands true when it comes to investment poured into the real estate sector. Even today, Zone II and housing societies launched in the backdrop of their proximity with the airport interest many.
Launch of new projects
Many new and established real estate developers have lately found sectors and societies located on and around Kashmir Highway apt for launching their new projects. And you must know that some of them have been great at spotting future potential of the respective areas decades before we see that happening. But the real change in market value of such property and projects is witness when investors head to the market. In this part of the city, property owners and agents don’t really have the patience to stay idle for long.
The vicinity of the new airport and especially the CDA sectors located close to it have always been the buyers’ and investors’ top choice. Even when the real estate market throughout the country had come to a standstill in response to the new tax regime introduce back in 2016, savvy investors eyeing this part of Islamabad hadn’t taken a breather. And due to constant demand, price appreciation recorded for the projects here has been very impressive. You can browse Zameen Index for Islamabad to learn more about it.
The potential of G-11
This sector is the cheapest among its immediate counterparts i.e. Sectos G-9, G-10, F-10, F-11, and E-11. In addition, due to its cheaper rates, G-11 has started to invite investors looking to construct high-rise commercial developments and apartment projects. As many as three high-rise developments in G-11 are to be announced soon. The fact that the prime builders have their projects in the pipeline for G-11 suggests that property rates are to spike in this sector and so would its demand among the end users, especially those looking to live in apartments.
If you have some capital that you wish to increase in the medium term, Sector G-11 or the projects located within this sector can help you do exactly that. Keep a close eye on it for future returns!