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Gulberg, Islamabad

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Gulberg Islamabad is a housing project launched by Intelligence Bureau Employees Cooperative Housing Scheme (IBECHS) in 2005. The project is also known as IBECHS Phase-III, Islamabad.

It is located on Islamabad Highway at the intersection of Zone-IV and Zone-V, 3 km from Benazir Bhutto International Airport and 12 km from Islamabad Club.

Renowned British Pakistani engineer Abdul Waheed of Urban Planning & Design (Pvt.) Ltd. (UPDL) is the principal project consultant and responsible for the town planning, engineering design and supervision of development work.

Gulberg Greens Farm Housing Scheme

  • Located at Mouza Koral Zone-IV, the project covers 3862 kanals of land with 409 residential plots.
  • The layout plan was approved by Capital Development Authority on 26-08-2011.
  • NOC is issued by Capital Development Authority on 28-05-2012.

Gulberg Residencia

  • Located at Dhoke Awan Zone-V, the project covers 15000 kanals of land with 10000 residential plots.
  • The revised layout plan was approved by Capital Development Authority on 18-06-2010.
  • NOC from CDA has been issued Ref# “CDA/PLW-HS(127)/2009/257”.
  • MOU with IESCO and SNGPL has been signed.

Defence Housing Authority, Islamabad

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DHA Islamabad-Rawalpindi Phase I is located in Rawalpindi south east of Morgah and Attock Refinery, Rawalpindi. This phase on its south west enjoys waters of Soan River, while this phase is linked to the city through GT Road and Jhelum Road. It covers an area of 11000 Kanals (5.56 Sq. km) providing a total of 3100 residential plots.[4] An even greater area acquired by Defense Housing Authority just south west of Phase I has been named Phase I Extension and covers a total of 16750 Kanals (8.47 Sq. km). It is located at the south end of Rawalpindi city near Askari XIV Housing Society, and its perimeter extending as far as Dhagal village on Adyala Road of Rawalpindi District and Rawalpindi Central Jail. The extension is still under development and will be completed in two parts. The development of part one has already begun.

  • Phase II and Phase II Extension

Located in Zone V of Rawalpindi near the infamous Kahuta Triangle, with GT Road on its south end and Islamabad Highway on its North. The project was commenced in February 1994, this phase stretches on 15060 Kanals (7.61 Sq. km). Here over 90% of the developmental projects have been completed and construction in this phase is rather rapid as over 500 plots are under construction.Phase II Extension launched in March 2005 is the a massive project standing at 55000 kanals (27.81 Sq. km). According to DHAIR website “Many may think that DHA Phase 2 is a part of Islamabad, but in reality it is as Pindi as Raja Jee.”Extension has of Phase II has been divided into sectors; namely, A, B, C and D.

  • DHA Valley

Launched on 18 August 2008, is located Adjacent to Phase II in Zone V of Islamabad. This project takes into consideration lower income families as it incorporates residential plot sizes of 5 and 8 marla. Moreover, it also contains 4 and 8 marla commercial plots.

CDA Ordinance 1960 “An Ordinance to establish a Capital Development Authority”

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Capital Development Authority (CDA) was established on June 14, 1960, first by an executive order issued on June 24, 1960 entitled the Pakistan Capital Regulation, to be superseded by the CDA Ordinance issued on June 27, 1960.

The CDA Ordinance constituted the authority, laid down its charter and defined its power, duties, functions and responsibilities.

Objective of the Ordinance Firstly, planning and development of Capital (Islamabad), secondly completing or authorizing Capital Development Authority to perform functions of a Municipal Committee and to provide for cleanliness, health, education of inhabitants, supply of goods, articles of food and mild, to promote interest of different sections of public. All provisions are for advancing interest and public good.

Capital Development Authority being a statutory body is expected to deal with citizens fairly, and honestly and conduct its all actions transparently

Bahria Town to offer possession of two projects in BTK

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Bahria Town Karachi (BTK) is one of the most high-end residential projects in the city by the sea. Though the project has been embroiled in various controversies because of the alleged illegal allotment of land for BTK by government bodies, the current state of affairs is very different.

Despite the controversies, Bahria Town never stopped development work in BTK, which continues at an exceptional pace. Even investors do no pay heed to the rumours anymore.

The impressive pace of development has helped Bahria Town deliver early possession of various projects in BTK in the past. And on March 23, the developer plans to grant possession of Bahria Apartments (Towers I, III, VII, and IX) and Bahria Golf City (Overseas Block).

Bahria Apartments feature 2-, 3-, and 4-bedroom apartments boasting modern designs and international-standard fixtures and fittings. Bahria Town had sent intimation letters to apartment owners and had asked them to settle their accounts in order to get possession of their respective unit. According to a notification displayed in Bahria Town’s office in Karachi, those failing to clear their accounts will have to forfeit their apartments and the developer will give these apartments to other deserving members.

Bahria Golf City (Overseas Block), on the other hand, features 500-, 1,000- and 2,000-square yard residential plots and 500- and 1,000-square yard luxury homes. The project has a 27-hole PGA standard golf course with an excellent security infrastructure and round-the-clock power backup.

BTK is performing outstandingly in terms of sale-purchase activity these days. According to my sources, overseas Pakistanis and genuine buyers are taking massive interest in the project.

Bahria Sports City, in particular, has performed remarkably and plots in the locality are being traded on profit. In addition, if you are a real estate builder you should consider Precinct I, where Bahria Town has already handed over possession. You can build a house here and sell it while securing a massive profit margin.

According to Zameen.com’s stats, prices of 500-square yard and 250-square yard plots in BTK registered an increase of 3.98% and 6.57% in February. Simply put, BTK is a project worth considering for investment in the current scenario.

On the other hand, some of Bahria Town’s projects in Lahore and Islamabad/Rawalpindi are facing delays because of unknown reasons. Bahria Town Lahore Sector F investors, who have faced problems because of delays caused by unknown problems, are still waiting for a resolution.

Similarly, Bahria Town is yet to compensate plot owners who had to forfeit their plots because of the development of the Lahore Ring Road in Bahria Town. Even the affectees of Phase IX in Bahria Town Rawalpindi are totally uninformed about what is going on with the project.

Bahria Town has set new benchmarks in the real estate sector of Pakistan, but the developer has to find solutions to the problems it is facing.

In any case, if BTK is anything to go by, Bahria Town is not planning on slowing down or taking a step back anytime soon. In addition, a resolution to the issues being faced by Bahria investors elsewhere will make itself obvious at the right time.