Sunday, 10 May 2015

Jinnah Garden Housing Society Phase-I and Phase-II, Islamabad. Pakistan

Jinnah Garden Housing Society is located at Mouza Gagri, Lohi Bher, Sihala, Islamabad express highway, Islamabad. Pakistan. The layout plan of the society approved by the CDA (Capital Development Authority) in 09.04.2011.The sponsored is M/s Federal Employees Cooperative Housing Society The total covered area of the Jinnah Garden Housing Society Phase-I is 2548.6 Kanals. Out of this 1105.9 Kanals area is for Residential, 127 Kanals for Commercial/ Parking, 935.9 Kanals for Roads, 220 Kanals for the Park/ Green/ Nala, 57.40 Kanals for Graveyard, 102.4 Kanals for Mosque, School, Post Office, Hospital and Community Centre. The plots sizes are 50x90, 40x80, 30x60, 35x72, 55x65, 43x52.


The Phase-I became very popular is general public due to its location and low price so people started to purchase the plots and build houses. Some of them build for living purpose and some of them for investment and resale.



In 2012, my friend invited me to visit his newly constructed home of size 30x60 at Jinnah Garden Phase-I, Islamabad. At that time, very few homes were there and the development work was going very fast. He told me that people are interested to sell their 30x60 plot in just PKR 600,000/-. Know one knew that these plots price will get jump to PKR 3,000,000 to 4,000,000 in very short tenure. 



Today i visited the Jinnah Garden Society Phase-I and surprised to see the current situation. I mean, in just 03 years the place totally changed. Hundreds of houses are ready to live even most of the people are living in their. Also the ready commercial plaza were their and some were in construction phase. In short, it is ideal place for living in all manner like, wide roads, green parks, underground sewerage, electricity, own grid..etc. 



Being a property observer in Islamabad. I visited the property consultants of that area and asked to share the current investment opportunity for long term and short term in this area. After a detailed discussion what i understand with the history and current situation is,



For short term, plots can be purchased of size 30x60 in an area where gas has not reached yet (will be reached in couple of months). This is very golden time and the tenure of this time will be 01-03 months. For the long term, a very good opportunity for people having low investment and for the long run investors "The Jinnah Garden Phase-II". An ideal place according to its location as its boundary is with Naval Encourage. The total area of phase-II is 430 Kanals having 412 residential plots. The good thing in this phase is the limited plots that will boost its development speed that will automatically high the prices of the plots. The economic law will be applied here of demand and supply, less plots and high demand result the high price. Also the advantage of the neighbor wall of Naval Encourage where the plots prices are in Crores. 



I would recommend you to visit the Jinnah Garden Housing Society Phase-II without any delay and consult with the property agents for the current market situation and price details. You can contact me as well for the latest scenario and the best available options for investment in Jinnah Garden Phase-I and Jinnah Garden Phase-II. I am enclosing the Layout plan of Jinnah Garden Phase-II for just an overview.


4 comments:

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