Spanning thousands of kanals, TopCity-1 is one of the most sought after projects located in the close neighbourhood of New Islamabad International Airport. I have covered TopCity-1 several times in my earlier blog posts and today I will talk about its development status.
TopCity-1, a landmark of Dynast Associates, comprises eight blocks: A, B, C, D, E, F, G, and H. However, Block B is the only one where members have possession of their properties. Construction of houses has also been started in this block.
According to a society official, plot owners in Blocks A, C and D will be granted possession of properties within 6 to 9 months.
The official also told Zameen.com that Block A is 50% developed, Block D is 60% complete and Block C is 80% developed. Infrastructure development is underway at a good pace in these blocks, which means that the developer will be able to hand over possession within the promised period of 6 to 9 months.
In Blocks E and F, the developer has completed ground levelling, however, it would be too early to mention any timeframe for possession of properties in these blocks.
Block G, on the other hand, features 4-kanal plots for farmhouses as well as 1-kanal residential plots. However, the developer is yet to decide the distribution of plots for farmhouses in this block and will probably offer large-sized plots in other blocks as well.
Last year, Dynast Associates launched 5-marla plots in Block H on easy instalments spread over 3 years. Since this is the first year of instalments, the developer has not yet started construction work in this block.
Talking about the development status, the society official also confirmed that the land required for the project has been acquired.
Please see the images below to have an idea of the quality of construction in TopCity-1:
TopCity-1 has obtained no-objection certificates (NOC# PHS/86/113) from Rawalpindi Development Authority and Civil Aviation Authority (NOC# P/C-961). So if you are planning to invest in the locality, you should not worry about approval-related issues.
You also need to consider the following about TopCity-1:
- Prices of properties in the locality are on the rise since the inception of extension work on Kashmir Highway.
- The airport is going to be operational soon, which will be in favour of TopCity-1 investors.
- Internationally reputed design firms have been engaged to ensure the society has beautiful infrastructure.
- TopCity-1 will be the first ever smart city of Pakistan. The developer has already started laying optical fibre to provide state-of-the-art communication facilities to residents and business organisations.
- The society management has also taken all the necessary measures to ensure proper security of residents.
From where I see it, TopCity-1 is a considerable address for investment. I understand that the society was launched in 2004 and is still incomplete, but the new management, which took over the project in 2011, seems serious about its completion.
The project has seen many changes in its infrastructure since the start of development in 2013 and will see more in the time to come.
That’s all I have to say about TopCity-1 for now. To discuss the project further, please feel free to converse with me in the comments section below. Let me know if you want to get in touch with a trusted agent dealing in TopCity-1.