Which is the most expensive residential area in Islamabad? The International Cost of Living Index placed Islamabad at 203rd position under the category of “Expensive Cities to Live in the World”. Besides that, only Karachi was on this list standing at 213 number. This indicates the fact that Islamabad is the most expensive city in the country. In the expensive city of Islamabad, the major cost of living is residential. Ever since this city was developed, there was never a time when the prices of real estate in this city were low. Sectors which were developed initially when the city was developing such as F-sectors are more expensive than the currently developing sectors such as i-16, i-17. Prominent areas of cities including E-7, F-8, F-7, F-6, F-5, and G-5 are inhabited by diplomats, workers, and attaches making them the most expensive areas in Islamabad. Mainly the reason behind too much expensive real estate is a very high demand from masses to live in the tranquil and luxurious lifestyle of the city. Another noticeable factor about these residential areas is that they have greater plot sizes; for example, you can only find 1, 2, and 4 Kanal houses for sale there. It is hard to locate 12, 10 Marla real estate listings in these areas. The typical price of a 1 Kanal house for sale in E-7, F-7, F-6, and most expensive areas in Islamabad starts at Rs. 8-9 crore. Talking about residential areas, there are two major categories: Housing societies and sectors.
Most expensive housing societies in Islamabad 1. 2. 3. 4.
Park View City Islamabad Eighteen Islamabad DHA Islamabad Multi Gardens B17
Park View City Islamabad In housing societies, Park View City Islamabad proves to be the most expensive area in Islamabad. Generally, the rates of these residential plots are: ● 5 Marla is worth PKR 15,000,000 ● 10 Marla if of PKR 27,500,000 ● 3.5 Marla is of PKR 3,500,000 The core reason behind it is that there are dozens of societies that are using the name “Islamabad” and are regulated by the Capital Development Authority (CDA) but they are quite far away from the main areas of the city. But Park View City Islamabad is right beside the prominent infrastructures of the city. Also, it is across the road from Bahria Enclave, 15 minutes from Serena Hotel Islamabad, 5 minutes from Bahria Enclave and Bani Gala, and a 1-minute walk from the vivid green Botanical Garden.
Eighteen Islamabad This society was launched to serve the residential needs of a specific segment of the society. Residential villas start from 5 Crores and go up to 55 crores and the studio apartments are 1.5 crores and go up to 14 crores. Payment of the society is divided into 15% down payment and remaining 85% divided into 14 installments.
DHA Islamabad DHA Islamabad is owned by the Pakistan Army and has been offering a luxurious lifestyle for more than 5 decades. Starting from 30 lacs, the prices of plots in this society go up to 25-35 crores.
Multi Garden B17 The MPCHS, or Multi-Professional Cooperative Housing Society, has just constructed a sector called B-17 in Islamabad. Sector B-17 is located near the Margalla Hills and has an excellent position with breathtaking views. Multi Garden Islamabad has a lovely climate and a serene atmosphere. This is Pakistan's most constantly evolving and costliest real estate market. Islamabad Multi Garden The success of B-17 can be ascribed to its location and recent expansion. B-17 Multi Garden is located at the foot of the Margalla Hills in Islamabad's Zone 11. This housing society is located on the main GT road and connects Peshawar to Islamabad's M1 motorway on one end and Islamabad to the M1 motorway on the other. Besides the aforementioned projects, Nova City Islamabad is also expected to become part of this category. Once its NOC will be approved Nova City Islamabad prices will skyrocket.
Most expensive residential area in Islamabad 1. E-7 2. F-6 3. F-7 4. F-8 5. F-10, F-11 6. I-8 7. E-11 8. D-12 9. G-11 E-7: In E7 there are residents of many foreigners and ambassadors and also there are several foreign consulates too. Prices of houses in the sector can easily go up to 50 to 75 crores. F-6: Have you ever heard about the signature market of Islamabad namely Kohsar Market and Supermarket? Well, they are located in sector F6. Other prominent infrastructures of Islamabad such as Margalla Road, Constitution Avenue, Furniture Market, Abbas Market, 7th avenue et cetera all are located in it. Moreover, there are houses of foreigners here too.
There is a fact associated with the names of the sectors of Islamabad. Alphabets in the names of sectors are abbreviations of some specific terms. The F in F-sector stands for ‘Foreign’. This sector was specifically designed for the residence of foreigners. That’s the reason in all the F sectors, thousands of foreigners are residing. So yes, here you’ll also frequently come across foreigners' residences in this sector. F-7: F7 is another most expensive area in Islamabad. Located at the foothills of Margalla hills, it is a luxurious and posh area of the city. It is well-known for its "Jinnah Super Market" Markaz/commercial area, which is one of Islamabad's most well-known and iconic retail destinations. It has a lot of stores, restaurants, libraries, and places to eat casually. Designer stores, cafes, diners, banks, bookstores, gift and CD shops, and service facilities are all available in this area with hundreds of recognized international brands outlets. The Federal Ministry of Energy inaugurated the first charging station in July 2020 at one of the PSO stations in F7, Islamabad. F-8: The sector is bordered on the north by Margalla Avenue and E-8, on the east by Faisal Avenue and F-7, on the south by Jinnah Avenue and G-8, and on the west by Ninth Avenue and F-9 (Fatima Jinnah Park). With this, there are many important government offices and official secteraits of government institutes are also located here. The central commercial area of this sector is the Ayub market. F-10, F-11: These sectors are also loaded right beside the Fatima Jinnah Park. Like the sectors mentioned prior, the prices of the houses in this sector are also in crore. Generally, a 1 Kanal House is available here within the budget of 5-10 crores. I-8: If you are going to Islamabad from Rawalpindi using the Faizabad route, this is the first sector in Islamabad. 2-3 decades back this sector was not very expensive as per the trends in the real estate market but in the past 10-15 years, prices of the houses here have skyrocketed. That time is long gone when this sector was considered less expensive and less posh compared to the rest of Islamabad. A simple 10 marla house here is now between 4-6 crores and the same size of the house can cost monthly rent between 85,000 to 100,000. E-11: Though this sector’s development isn’t completed yet, it is still among the most expensive areas in Islamabad. Online real estate portals show that this sector is the top priority of the tenants, as evidenced by a large number of searches for the area. When compared to other CDA divisions, one possible explanation for this is that the divisions housed here are for the most part newly formed. The average cost of a 10-marla house in this area is PKR 35,334,078, with a standard rental yield of around 3.8 percent. D-12: Due to the breathtaking views of Margalla hills, less rush, and rapid developments, it is also one of the most expensive areas of Islamabad. G-11: Apartments and flats are available in numerous high-rise residential structures in the sector. The sector's prime location makes it a desirable site for real estate investors. In this sector, the typical price of a 1 Kanal property for sale generally starts from Rs. 3 to 5 crore.
Final Words If you can afford to invest in any of the most expensive areas in Islamabad mentioned above, very high returns are guaranteed. But before putting money anywhere, you must consult your real estate agent. If you are looking for both long-term and short-term returns, we recommend Park View City Islamabad and Nova City Islamabad.
Which is the most expensive residential area in Islamabad?
Which is the most expensive residential area in Islamabad? The International Cost of Living Index placed Islamabad at 203rd position under the categor...