Mainly due to cargo rumours. All zone 2 plots rocketed high and now on a standstill until new gov gets elected and still no news on cargo. I was told it would start around march but going onto may now and still no sign of cargo, i think their will be a small dip in prices near airport and then with new gov in 2 months will inshallah increase the prices again!
I also sent a few trusted advisors to zone 2 last week to check out whats going on with all the socities in zoe 2 near the near islamabad airport like pechs, top city, mumtaz city, awt, ichs, green city etc...
I got some bad feedback about pechs that pechs is not what people are making it out to be, as their are only about 3-4 completed houses which look nice, but also their seems to be oustanding development work left and the development work seems to be 40% top notch and the rest just deserted stale island, which is full of empty plots, some have half completed houses etc.....it seems quite a mess according to them. But not what people made it out be that people are actually living there, as their are only few houses completed so how would people live there when they would have to drive so many kilometers for shops, cng etc....I suppose the positive is that you get posession and is ready to build rather than waiting, however, after hearing this it seem to get the idea that pechs maybe a little overpriced for what it is, but then again if prices are rising then how am i to complain? i will be buying in pechs later on this year, (10 marla) only reason is due to gaining possession and near to airport being the only society with posession.
Also i got told mumtaz city seems to have come along pretty well and very speedy development, quality seems good as well, also top city development seems to be speedy progress. Also the new airport itself seems to be going a little slow as they said that the quality of finish seems pretty good as their seems to be alot of attention to dettail but they do need to do get amove on as work is taking far too long as it with they way they are going, they have absolute no chance to complete to the deadline of 2014. From what was said, apparantly the work seems good, but needs speeding up as they way they are heading at the moment it will be atleast another 3 years before the airport is fully complete. Now i dont know this, but from my trusted contacts who visisted the airport and close by of zone 2 is an update.
If anyone else would like to share their experiences, then go ahead if you visisted zone 2 latley and what have you seen and what do you think?
2678 days ago