{"id":55881,"date":"2019-04-29T09:36:11","date_gmt":"2019-04-29T09:36:11","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=55881"},"modified":"2019-04-29T09:36:13","modified_gmt":"2019-04-29T09:36:13","slug":"latest-updates-wapda-city-faisalabad-apr-2019","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/latest-updates-wapda-city-faisalabad-apr-2019.html","title":{"rendered":"Why is Wapda City Faisalabad popular among the city\u2019s investors?"},"content":{"rendered":"\n

Being the third largest city of Pakistan, and a traditional centre of textile, Faisalabad experiences a constant inflow of business-seeking individuals. Consequently, this situation has always led to an increased demand for housing. And nowadays, people want their homes & neighbourhoods to be equipped with a full range of modern amenities. Among a number of housing schemes developed to meet this demand, Wapda City Faisalabad<\/a> ranks at the very top of the city\u2019s real estate pecking order.<\/p>\n\n\n\n

About Wapda City Faisalabad<\/strong><\/h2>\n\n\n\n

A project by the WAPDA Employees Cooperative Housing Society, Wapda City Faisalabad is meant for both WAPDA employees and the general public. The authority\u2019s employees get plots allotted to them on a \u2018no profit, no loss\u2019 basis. They are then given the options of either building a house on this land or putting it up for sale.<\/p>\n\n\n\n

Project Details<\/strong><\/h3>\n\n\n\n

Wapda City is a gated society spread across\nmore than 650 acres of land. Its design is supervised by NESPAK, and plays host\nto the full spectrum of residential facilities normally desired by homeowners.\nThe society promises a higher standard of living for the people of Faisalabad, and\nit has attracted interest from both genuine buyers and investors. <\/p>\n\n\n\n

Wapda City offers plots in 12 blocks, spanning\nfrom Blocks A to H, and J to M. It features plots sized at 5-marla, 10-marla,\nand 15-marlas, as well as 1-kanal. <\/p>\n\n\n\n

Why Invest in Wapda City Faisalabad?<\/strong><\/h2>\n\n\n\n

As per the updated buying trend of the Faisalabad city, the society currently ranks at the most searched society in Faisalabad<\/a> for buying property. Its stable market performance proves that the public finds Wapda City more economically feasible \u2013 both as a buying and investment option – as compared to other housing schemes in the city. <\/p>\n\n\n\n

\"Under
Grand Jamia Masjid is under construction in block H<\/figcaption><\/figure>\n\n\n\n

In terms of development, the society boasts\nboth residential and commercial quarters. From parks to business avenues, it offers\neverything that is needed to make way for a comfortable neighbourhood living experience.\n<\/p>\n\n\n\n

The quality of project construction is also\nan attractive feature for home seekers \u2013 and provides another good reason for\nthem to consider investments here.<\/p>\n\n\n\n

Wapda City\u2019s\nPopularity among the City\u2019s Investors<\/strong><\/h2>\n\n\n\n

The project has managed to maintain its top\nsearch position (referenced above) for several months now. In order to get the\nexact lowdown on the society, we talked to a few agents that directly deal with\nplots available for sale\nin Wapda City. And for the most part, they all agree that although end-users\n(genuine buyers) are showing more interest, the society is also no less popular\namong experienced investors.  <\/p>\n\n\n\n

As we tried to trace the reasons for this\npopularity, we came across two that figured more prominently on our analysts\u2019\nradar than the others. <\/p>\n\n\n\n

Number\nOne:<\/strong> Wapda City Faisalabad is a government-backed project. This fact increases\nits reliability from an investor\u2019s point of view. It encourages them to believe\nthat the society\u2019s current fast pace of development will continue; another\nsignificant harbinger of a profitable investment experience.<\/p>\n\n\n\n

Number\nTwo<\/strong>: The society offers the resource of\ngood-quality potable water; a much-sought-after provision due to its general shortage\nin most Pakistani cities nowadays. This facility, naturally, attracts end-users,\nand investors\u2019 interest automatically follows. <\/p>\n\n\n\n

The fact that plot prices in 2019 have remained comparatively lower is also a solid reason why the project lures in property buyers like little else. The lowest possible plot price offered in the scheme, as such, is currently PKR 400,000. <\/p>\n\n\n\n

A glance at the Wapda City Faisalabad map reveals that it\nlies close to the Motorway network, and away from the hubbub of the busy city\ncentre. Individuals seeking to build a home in the society are normally the\nones who greatly value this desirable \u2018proximity\u2019 feature. <\/p>\n\n\n\n

Overall, the project offers a peaceful residential\nlocality; but one that is not deprived of any client-anticipated\ncommunity-living \u2018must haves\u2019. Meanwhile, the scheme\u2019s nearness to the above-mentioned\nhighway route enhances its connectivity potential. <\/p>\n\n\n\n

All these project attributes collectively\nmake for profitable investments \u2013 over both the short and long-terms.<\/p>\n\n\n\n

\"A
Location of Wapda City Faisalabad on Google Maps<\/figcaption><\/figure>\n\n\n\n

Popular Blocks and\nPlot Sizes for Investment<\/strong><\/h3>\n\n\n\n

Based on the gist of all our property agent interactions conducted for this piece, we were able to reasonably assume that almost all blocks in this society can prove lucrative for investment \u2013 at present. But if asked to narrow the selection down, we would recommend investors to go for 10-marla plots in blocks A<\/a>, B, K, and M. <\/p>\n\n\n\n

One of the city\u2019s agents, informed us that the project\u2019s 10-marla plot prices range from PKR 3,400,000 to PKR 4,500,000 for blocks A & B, and from PKR 4,500,000 to PKR 6,000,000 for blocks K & M. Other real estate agents also recommended 5-marla plots in block L<\/a> as suitable investment options.<\/p>\n\n\n\n

As per the buying trends of Wapda City Faisalabad<\/a>, block M ranked at the top for March 2019. The statistics also showed slightly increased buying activity in blocks K and L. Block A closely trailed these two project sections at the 4th<\/sup> position. <\/p>\n\n\n\n

Advice to Investors<\/strong><\/h2>\n\n\n\n

Several experienced property agents recommend investors to not hesitate in buying 15-marla and 1-kanal plots<\/a>. They say that people seeking to construct a home appreciate these two land sizes, as they are more accommodating of modern home designs. This government-backed housing project also provides a feasible investment opportunity due to its good management and consistent pace of development.<\/p>\n\n\n\n

For existing project investors, a holding\nperiod of three to four months is currently trending. In some cases, it has even\nbeen seen to be as low as one month. This observation indicates that investors can\navail good investment deals primed for a relatively short time period. <\/p>\n\n\n\n

In most instances, however, interested\ninvestors can expect good profit returns in Wapda City Faisalabad with a maximum holding\nperiod of six months. <\/p>\n\n\n\n

So not a bad bargain \u2013 as anyone with even\nthe remotest insights into the country\u2019s property market (and how it functions)\nwould attest!<\/p>\n","protected":false},"excerpt":{"rendered":"

Being the third largest city of Pakistan, and a traditional centre of textile, Faisalabad experiences a constant inflow of business-seeking individuals. Consequently, this situation has always led to an increased demand for housing. And nowadays, people want their homes & neighbourhoods to be equipped with a full range of modern amenities. Among a number of housing schemes developed to meet this demand, Wapda City Faisalabad ranks at the very top of the city\u2019s real estate pecking order. About Wapda City Faisalabad A project by the WAPDA Employees Cooperative Housing Society, Wapda City Faisalabad is meant for both WAPDA employees and the general public. The authority\u2019s employees get plots allotted to them on a \u2018no profit, no loss\u2019 basis. They are then given the options of either building a house on this land or putting it up for sale. Project Details Wapda City is a gated society spread across more than 650 acres of land. Its design is supervised by NESPAK, and plays host to the full spectrum of residential facilities normally desired by homeowners. The society promises a higher standard of living for the people of Faisalabad, and it has attracted interest from both genuine buyers and investors. Wapda City…<\/p>\n","protected":false},"author":79,"featured_media":55897,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11051],"tags":[18234,18233,236,6766,2183],"persona":[],"class_list":{"0":"post-55881","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-property","8":"tag-investment-in-wapda-city-faisalabad","9":"tag-plots-in-wapda-city","10":"tag-property","11":"tag-wapda-city","12":"tag-wapda-city-faisalabad","13":"cat-11051-id"},"acf":[],"yoast_head":"\nLatest Updates on Wapda City Faisalabad for April 2019 | Zameen Blog<\/title>\n<meta name=\"description\" content=\"If you are interested in investing in Wapda City Faisalabad, read this blog to know your options, and what makes the project a lucrative long-term investment prospect.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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