Pakistan is the world’s sixth-most populated country, with a population of about 220.9 million people. The demand for homes and other housing rises in tandem with the country’s population. Many low-income affordable housing organizations have stepped up to fill the need.
The need for excellent, low-income housing communities can enhance the lives of individuals who lack shelter while also helping the economy.
Many new societies have lately emerged in Islamabad Capital Territory (ICT). Islamabad’s housing societies encompass an area of 1165.5 square kilometers. Many of these societies are inherently low-cost, catering to low-income purchasers’ housing requirements.
Islamabad is a mature metropolis with a well-established developed society. Islamabad is attracting investors wishing to invest in real estate developments since it is the most beautiful city in the country.
Here is a list of some of Islamabad’s most popular, cheap, and well-planned housing developments.
|Pakistan Employees Cooperative Housing Society (PECHS)||Islamabad’s Zone|
|Gulberg Residencia||Islamabad Expressway|
|Multi Gardens B-17||Zone 2 Islamabad|
|University Town||Kashmir highway|
|Ministry of Commerce Employees Cooperative Housing Society (MCECHS)||Zone 2 Islamabad|
Pakistan Employees Cooperative Housing Society (PECHS) is a well-known housing society in Islamabad that is located close to the Islamabad Airport.
This public-private residential neighborhood in Fazaia Housing Society is a short drive from Islamabad International Airport (at a distance of just 13.8 kilometers).
The project is divided into two parts, 1 and 2, and spans roughly 4400 Kanal. These are further segmented into A through M blocks.
The Srinagar Highway is one planned entry to this private enclave, which is conveniently accessible from Tarnol. This housing design, in addition to cheap housing alternatives, offers certain unique elements common in modern residential communities, such as,
- Medical facilities
- Educational Institutions
- Shopping malls
- CCTV provides complete security surveillance.
- LED street lamps
- Water, gas, and electricity
Plot Price Trends in PECHS, Islamabad
Plots exist in a range of sizes throughout society. Residential plots range in size from 5, 7, 10, and 2 Kanal.
The price trends of plots in the region are listed below.
|Plot size||Price Trend (PKR)|
|5-Marla||1,800,000 – 2,00,000|
|7-Marla||2,500,000 – 3,000,000|
|10-Marla||3,300,000 – 4,000,000|
|1-Kanal||4,500,000 – 5,000,000|
|2-Kanal||7,000,000 – 9,000,000|
Gulberg is another prominent inexpensive housing complex in Islamabad, located on the Islamabad Express Highway. The Gulberg Islamabad residential complex is located in the center of the Twin Cities.
The Intelligence Bureau Employees Cooperative Housing Society (IBECHS) in Islamabad is behind the effort.
The residential homes in Gulberg Residencia range in size from 200 to 1000 square yards. It is approximately 7 kilometers from the major Islamabad Expressway.
Property ownership is now possible in just eight of society’s blocks. Property prices, on the other hand, are now relatively affordable. Property ownership is accessible in Gulberg Residencia Blocks C, E, F, G, I, J, L, and V.