Islamabad: Park Enclave I is finally coming together as a gated secure community that it was meant to be now that the Capital Development Authority (CDA) is working on the project’s landscaping and security protocols (including the installation of Main Gate), says Naeem Tahir – a local property expert.
As per the earlier communicated details, CDA had released funds of PKR 16 million for the procurement of the security services and disbursed PKR 100 million to the Sui Northern Gas Pipelines Limited (SNGPL) for the provision of gas in the project.
The project – at present – is inhibited by some 14 families and as many as 50 houses are constructed in the housing project. The commercial construction is yet to commence but many shops have been sold in the commercial area. The interested parties can get immediate possession and launch construction. Not to mention that SNGPL will initiate gas provision in the coming two months.
When asked about Park Enclave II and III, Mr Naeem said the development work in phase II has started and by the end of this year, it will come together. He revealed that both genuine buyers and investors are interested in Park Enclave II – the possession of which is also expected by the year-end.
As for the third phase of the project, no material development is yet witnessed, however, after the environmental assessment is complete and work on the other two phases is accomplished, the third phase is also expected to secure market attraction.