Park View City (PVC) has established itself as a leading real-estate development brand of Pakistan. It ventured into real estate development projects from Lahore, the heart of Pakistan, with the launch of Park View City, Lahore.
Due to the overwhelming response from PVC Lahore, we also saw the birth of Park View City, Islamabad, in the heart of the Federal Capital, just a few minutes drive from the famous Rawal Lake and dam.
PVC Islamabad has the unique honor of being a CDA recognized and approved private housing project of the Federal Capital. Located off the Chak Shahzad Road, and also near Rawal Lake, the project is a master-piece of world-class development and amenities.
The prime location of PVC Islamabad is further enhanced by the breadth-taking landscape of this housing project. Surrounded by Margalla Hills, natural streams and lush green expanses of land, PVC Islamabad is indeed a treat to visit, and live in.
When it comes to development and planning, everything is world-class. On the New Year’s Eve of 2024, PVC Islamabad inaugurated its crown jewel, a state of the art dancing fountain, which has been installed in the magnificent artificial lake that will form a part of its Downtown Commercial area.
Residents of PVC Islamabad will be treated to a magnificent artificial lake, dancing fountain, food court, and international retail brands, forming the bustling Downtown area of this grand housing project.
Park View City Islamabad Set to Launch Phase-2
After the tremendous success and overwhelming response in Park View City Islamabad, its developer, the Vision Group, has announced the launch of Park View City Islamabad, Phase 2.
Despite the challenging conditions in the overall economy, and the real estate sector, this news is being taken as a “breadth of fresh air”. The real estate market of the twin cities was eagerly waiting for the launch of a well reputed project, with a proven track record of rapid development and delivery.
Location of Park View City Islamabad Phase-II
Although the project is still in its pre-launch phase, its location is expected to be a few minutes drive from Rawat, just on the outskirts of Islamabad. As soon as we exit the Islamabad Expressway towards Lahore, and enter the Grand Trunk (G.T Road), Rawat is just another 5 minutes drive.
The expansion and upgradation of Islamabad Expressway, right up to the famous T-Junction near Rawat, is in its final stages. The road has been expanded from just 2 lanes, to 5 lanes on each side, with dedicated interchanges for various entry and exit gates, giving direct access to DHA phases, along both sides of the Islamabad Expressway.
The few bottlenecks that still remain are due to some under construction bridges, which are being completed round the clock, with state of the art machinery. Once this route is fully upgraded, the travel time between Rawat and Zero Point, Islamabad would not be more than 30-35 minutes.
Rawalpindi Ring Road Connectivity
Another unique selling point of PVC Islamabad Phase 2 is its expected direct access to the Rawalpindi Ring Road project, which is also being constructed on a fast track basis. This will add to the overall connectivity and accessibility of this highly anticipated housing project.
The expected site for PVC Islamabad Phase 2 is also home to endless possibilities for breadth-taking landscaping, already a forte of Park View City Islamabad. Located in the close vicinity of DHA’s new phases, this project holds immense promise for both capital appreciation, and world class living opportunities.
Expected Plot Sizes and Pre-Launch Prices
Most leading real estate developers launch their projects by floating Residential Plots in the first phase. Following this well established tradition, it is expected that the management of PVC Islamabad Phase 2 will launch 5 Marla and 10 Marla residential plots first.
So far as price is concerned, it is pertinent to mention that the project is still in its pre-launch phase. It is expected that the launch price for 5 Marla residential plot will be in the range of 5 to 5.5 Million Rupees.
The expected pre-launch price for the 10 Marla residential plot will be around 8.5 to 9 Million Rupees. We should bear in mind that development costs have skyrocketed over the past 2-3 years, raising new challenges for real estate developers, investors and end customers.
Conclusion
Given the tremendous track record of Park View City Lahore and Islamabad, we expect this project to achieve landmark success as well. This presents a good opportunity, both in terms of investment, and building your dream home.
Brick Marketing & Developers (Pvt.) Ltd. is among the top authorized sales partners of Park View City. Feel free to Contact Us for professional advice on Pakistan’s real estate sector, based on your investment, timeframe and risk preference.