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Property prices in Islamabad

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Priscilla

Hello everyone,

Finding affordable housing in Islamabad is number one priority for newcomers. Tell us more about the estate market in your district/city/region.

What are the most desired places to live? What are the most affordable ones? What is the average cost of a rented flat? And what is the average sale price for an appartment or a house? Could you tell us more about local real estate policies/procedures? What about property tax or residency tax in Islamabad?

What about you? Where do you live now? Is it a place you would recommend?

Thank you in advance for your clarifications.

Priscilla

Kaskin

why u asking all these questions ,, are u gonna move there

Priscilla

@ kaskin > Please note that i am a member of the ½ûÂþÌìÌà team and that i launched this topic so as to gather information on the subject.
These information will hopefully help future expats.

Thanks,

±Ê°ù¾±²õ³¦¾±±ô±ô²¹Ìý :cheers:

Kaskin

great,,, so the answer,, Islamabad property business is very hot now days,, best time to invest

Iamhaider

Hello
I am searching a fair price residency in Islamabad

cris123

hi

nice to meet you here ,
property business in islamabad is good and you can get any property , it depend on your location

thanks

BGHAYUR

So far very unconvincing replies... Here is my take on this...
Islamabad has become a large city in the past decades. The original Islamabad that was developped up till 90's is a small section of the city while the city has pretty much taken over Rwalpindi from all sides.
There are too many good locations in Islamabad but the larger developments would be Bahria, Defense Housing Society (DHS), Naval Housing, Various sectors of Islamabad (F6,F7,F8,F10, G6 to G10, etc.). I feel the real Islamabad culture remains between the old sectors (F & G) but many would not agree as those are overly expensive and out of reach besides newer areas have some to offer.
Cost of living is fairly cheap as compared to most other cities with similar offerings. Islamabad is about 30% cheaper than Istanbul. People of Pakistan are probably the most hospitable folks in the world. You introduce yourself as a tourist and 10 families would offer to host you or pay for your dinner.
Islamabad is one of the cleanest and naturally beautiful city. Most of the city is well planned but you'll encounter some older villages within the city that got incorporated into Islamabad and still have crocked streets and whatever that comes with being ancient.
Realestate is always the best investment in Pakistan as population has been growing and land is limited. This implies that realestate is not going to be cheap. Once you have a housing the rest is ultra cheap though. The cheapest apartment may start at about $35000 to $100,000 while houses range from $150,000 to $600,000 depending upon the size and location. Sure there are always some locations that can be in millions of $ but we are only talking livable housing.
Let me know if you need any further information. I can try to answer any questions. I have not been to Pakistan in a while and some of the information may be out dated but I can get the latest prices etc if someone in interested.

Arif Khayal

@Priscilla.  It's up to your budget

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