It is very rare to offer plots on installments when they are already developed and taking Islamabad as an example it is no doubt a unique thing. If we look into real estate market of Pakistan we have seen so many ups and downs and the present state of this business has a history of so many phases. Now, taking Islamabad and Rawalpindi as an example one of landmark project is the Centaurus Mall, completed by Pak Gulf Construction (Pvt. Ltd.). The company has given Islamabad this icon project and now started “Taj Residencia” as a real estate arena for buyers not looking less than best.
The most distinguishing and stunning feature of this project is the fact that the developer has launched plots on installments while they are already developed, which is one of rare practice in this business. The practice of giving option of full possession in pre- launch phase is a practice that will surely reshape the landscape of real estate industry in Pakistan. Beside this after giving an icon to nation in shape of The Centaurus Mall, now Pak Gulf Pvt. Ltd. is all set to place crown on the head of Islamabad in shape of Taj Residencia. Now, here is all about Taj Residencia as a Best Real Estate Investment in Islamabad.
Unlike many projects managed by Capital Development Authority (CDA) Taj Residencia legally located under jurisdictions of Rawalpindi Development Authority, is closer to Islamabad and its all areas. Taj Residencia is located on main entrance of I- 14/15 link lane, while all the main areas of Islamabad are just on short drive from here.
Overall project comprised of several blocks, and development work in all blocks is in progress. While now in pre- launch phase the management has opened booking only in all developed blocks which means these all plots are available for possession. If we further look into this projects worth, the construction of almost 36 houses is in progress while three houses have already been constructed and you will be surprised to know that the developer is yet to officially launch it.
Now it will be another breaking news that Taj Residencia will also have another landmark with name of The Centaurus II in it. To make the project more approachable, the developer is also renovating I- 14 main boulevard connected directly to Taj Residencia at its own expenses.
Having seen so many issues related to approval status of such projects, one main feature is the project is fully approved from competent authority i.e. RDA. For investors it is a good news that the authority has already given go ahead permission of development work on 10,000 Kanals of land thus securing the investments.
Coming to booking of plots in this arena Taj Residencia has started this as well through its authorized dealers along with developer themselves, while official launch is also expected soon. It is highly expected that the ceremony will take place very soon, which is also set to bring along a wave of new buyers and consequently a surge in demand and the market rates. So you must note that according to comprehensive research on real estate market in Islamabad, the demand for “Taj Residencia” is already very high.
The one who already owes plots in Taj Residencia are not willing to sell their plots because they anticipate a further rise in market rates with expected launch in coming days. According to reliable resources, while the society is ready to welcome new owners making it their home, the number of investors looking to buy plots here is very high. Another important aspect is the distinguishing feature of availability developed plots on affordable two years plan with only 30% of total price as booking amount. So, due to huge flux of investors, the demand for 5 and 10 Marla plots is extremely high.
Now considering all these distinguishing features, Taj Residencia is best one of the best real estate investment in Islamabad right now.