Capital Smart City Announced Possession for Several Blocks

Capital Smart City Announced Possession OF Several Blocks

Capital Smart City Announced Possession Of Several Blocks: 

The most prestigious housing society in Islamabad has recently experienced success. It may be of interest to you if you are an investor in Islamabad’s real estate market to learn that Capital Smart City has declared overseas block possession. Plots in sectors A and B of Overseas Block are receiving possession.

This announcement, which has been eagerly anticipated by some, is certain to bring in a wave of foreign investment into Pakistan’s economy and housing society.

By integrating the housing project with communication and information technology, the housing society promises to offer its residents and investors a contemporary and opulent lifestyle. In essence, this means that citizens will be able to use their smartphones to monitor certain aspects of Capital Smart City Islamabad such as traffic, weather, and transportation.

Construction Benefits Announced By Capital Smart City

• The housing society promises to provide its residents and investors with a modern and opulent lifestyle by integrating the housing project with communication and information technology. In essence, this means that residents will be able to check the traffic, weather, and transportation conditions in Smart City using their smartphones.

• The housing society has announced that development fees will be divided up into 4 quarters in light of Capital Smart City’s announcement regarding overseas block possession. All owners of Overseas Prime plots are immediately subject to these development fees. The housing society will, however, make accommodations for buyers or tenants who begin building on their plots before April 10, 2021. 

• These investors will be helped by receiving six quarterly payments rather than four. Additionally, if an investor completes the Grey Structure by the end of January 2022 after Capital Smart City announces overseas block possession, their development fees will be increased by a quarter.

• The management of Smart City Islamabad has announced that both development and prime location fees will be paid over the course of four quarters, with the first quarter’s payment occurring concurrently with possession. Utility Charges must also be paid as soon as you, the investor, receive possession of your plot.

• If these features weren’t enough, this smart city is offering a 50% discount on development fees for the first 25 residential plots (to be under construction) from both Sector A and Sector B. This will be done so that 25% of the development charges will be waived after the foundation work is finished, and the remaining 25% will be waived when all construction work is finished.

• Last but not least, this housing society has assisted its members by giving homeowners architecture and MEP blueprints to aid in the construction of their homes after Capital Smart City announced overseas block possession. Society is saving its citizens between Rs 200,000 and Rs 300,000.

Bottom Line:

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley,  New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad , and Nova City Islamabad.

Few more real estate housing schemes which are trending now a days in Islamabad, including: Eighteen, 7 Wonders City Islamabad, Capital Smart City,  Silver City Islamabad, The Life Residencia,  Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town, Marble Arch Enclave and New City Paradise.