Park View City Commercial Downtown Islamabad
Introduction
Park View City is Pearl Marketing’s pride, we are thrilled to see it deliver timely results to its worthy members. And now, the housing society has introduced Park View City Downtown Commercial Islamabad, inspired by Downtown Dubai. So will it mean that you can have entertainment, recreation, and a shopping experience all in one place? Yes indeed!
With a prime location close to the Murree Expressway (E-75), this place was already a fantastic residential option and is now a commercial option as well. Plots are available on an installment basis or for immediate sale as well. We have made it our goal to bring you the latest updates of Park View City, and hence let us dive into all of the crucial details you need to know about this commercial project.
Commercial Downtown Location
Imagine a vibrant and convenient place right next to the federal capital – that’s Park View City Downtown Commercial in Islamabad! Malot Road and Kurri Road are the easiest routes to get there. And guess what? Gate 1 makes it super easy to access the Commercial Downtown, which is close to the H Block.
Once you enter through Gate 1, get ready to be amazed! The view of lush greenery and majestic hills will take your breath away. Just a year ago, there wasn’t much landscaping, but now you’ll see so much progress! Moreover, you will find that work has begun on The Walk Commercial Area.
The Commercial Downtown is a sight to behold. On your right as you drive, there is an oval-shaped area with a stunning 200-kanal lake in the middle. Our project Pearl Heights is one of the bustling commercial plazas that are already being built around the 155-foot boulevard!
Good news – all the necessary land has been acquired by Park View City, so everything is well-planned and approved. You can see construction work happening on-site! Come and experience the beauty and excitement of Park View City Downtown Commercial – it’s a masterpiece in the making!
Park View City Downtown Commercial NOC Status
Investors and potential buyers are always interested to know about the legal status of real estate and for good reason. This is because it means that they can easily spend on the property. Well, good for you that Downtown Islamabad is fully legal. Most investors are keen on investing in property with a CDA (Capital Development Authority) approval. The society is completely approved, and Park View City itself has an approved NOC or No Objection Certificate from CDA.
Master Plan
Want to take a look at the master plan of Commercial Downtown Islamabad? We have given it below for your convenience. The housing society has released the master plan to engage the community and work towards growth and development according to the layout shown in it. It is a conceptual layout that you can analyze and figure out where you want to invest.
There is an 80-foot wide road leading to the commercial downtown. There is a 200 Kanal Lake in the center of downtown, with greenery around it and restaurants will open up around it in the future. Firstly, there are 8 Marla plots on the A-com or A commercial strip. The A-com is the first layer around the lake, after which there is B-com, C-com, and D-com. There are 6 Marla commercial plots on B-com which is the second layer. Furthermore, there are 6 Marla commercial plots on C-com as well as 8 Marla commercial plots on D-com.
All the plot numbers are shown on the map, there are also 172-foot wide and 113-foot wide roads between the plots.
Park View City Downtown Commercial Islamabad Development Status
The construction work is moving forward at a rapid pace. You will find a lot of machinery on site like the one for water bore drilling and soil testing. The water bore drilling process is necessary to access water sources deep underground and in the future when the downtown area will be populated, it will ensure a constant supply of water to the residents. Therefore, living in Park View City will not be like living in a place where water shortages take place and water tankers are frequently required.
Soil testing has its importance too because it helps determine the bearing capacity of the soil as well as its engineering properties. Upon visiting you can observe the construction of several plazas that have received possession at 25% down payment. So what are you waiting for? You can get possession there immediately too and start building your commercial property as you please.
Commercial Downtown Islamabad Features
Let us take a look at the features of the Commercial Downtown. There is no commercial area with such interesting features,
Cine Star IMAX Cinema
The Commercial Downtown will contain the first IMAX cinema in Islamabad. IMAX cinemas are famous for their sharp and clear picture quality and superb sound technology, which make the experience far better. Besides, you get your money’s worth, if anyone is paying to watch a movie in a cinema, it should be the best kind of cinema.
Shopping Mall
The grand shopping mall is another one of the Commercial Downtown’s brilliant projects. It will serve as a focal point for a variety of brands providing customers with a fun-filled experience where they can compare different brands and get their purchases from whichever they like most. The housing society is already planning to begin construction on it.
The Lake and Dancing Fountains
Imagine that you are casually strolling by the lake and see a performing fountain in the heart of the Commercial Downtown. That is what Park View City will deliver. The society has signed an MOU with a Chinese firm that has built dancing fountains in Dubai. And now they will be built in the lake at Commercial Downtown. This project will be completed within the next 6 months. We are optimistic that the celebrations for the new year 2024 will take place with the inauguration of the fountain. There will be a special new year celebration event there.
High-Rise Buildings
The management of Park View City is developing a plan to build high-rise buildings in Downtown Islamabad. There will be both apartments and corporate offices in these buildings. Living in one of these will mean availing a noise-free environment and scenic view. It is an investor’s dream house, and you can make it yours by simply availing of Pearl Marketing’s assistance on the matter.
Grand Mosque
There will be a grand mosque close to the downtown area. It will be built with the objective that if the people shopping there need to offer their prayers, they will not have to go far. It is also a nice addition to the green landscape of the housing scheme. It will serve as the source of Islamic education and a center for religious events along with the go-to place for daily prayers.
The Walk Retail Shops
Just a little distance outside the downtown area, you will find The Walk retail shops. Time to talk about the friendly staff, the variety of goods to purchase, and the great discounts that are promised at the Park View City The Walk retail shops. The plots for these shops are currently available in installments so hurry up and reserve yours.
World-Class Restaurants
The housing scheme will ensure that there are only the finest restaurants around the lake downtown. You will be able to do all your shopping and have a nice lunch at the end too. It is all about providing a well-rounded experience to the customers.
Park View City Downtown Commercial Islamabad Payment Plan
Downtown Islamabad has a very simple payment plan. There are 6 Marla (35’ * 40’) and 8 Marla (40’ * 45’) commercial plots available currently.
Park View City 6 Marla Commercial Plot
The details of the 6 Marla plot in B-com are mentioned below,
- The total price of the plot is PKR 80,000,000.
- There is a membership fee of PKR 100,000.
- You are required to pay a 25% down payment of PKR 20,000,000.
- The balance payment is PKR 60,000,000.
- There are 4 quarterly installments of PKR 15,000,000.
The details of the 6 Marla plots in C-com are mentioned below,
- The total cost of the plot is PKR 80,000,000.
- There is a membership fee of PKR 200,000.
- You are required to pay a 25% down payment of PKR 20,000,000.
- The balance payment is PKR 60,000,000.
- There are 4 quarterly installments of PKR 15,000,000.
Park View City 8 Marla Commercial Plot
Let us explore the prices related to an 8 Marla plot in D-com,
- You must pay PKR 120,000,000 as the total price of the plot.
- The membership fee is PKR 100,000.
- There is a 25% down payment of PKR 30,000,000.
- The balance payment is PKR 90,000,000.
- There are 4 quarterly installments of PKR 22,500,000.
Let us explore the prices related to an 8-Marla plot in A-com,
- Firstly PKR 150,000,000 is the total price of the plot.
- The membership fee is PKR 200,000.
- There is a 25% down payment of PKR 37,500,000.
- The balance payment is PKR 112,500,000.
- There are 4 quarterly installments of PKR 28,125,000.
Prices differ based on the location of the plots. A-com plots are the most expensive ones because they are facing the main road. The main difference is the membership fee, it is PKR 100,000 for a 6-Marla plot in B-com and an 8-Marla plot in D-com. In addition, the membership fee is PKR 200,000 for 6 Marla plots in C-com and 8 Marla plots in A-com.
You can avail a 5% discount on a lump-sum payment. There are also 10% extra charges for each category (corner plot, park-facing plot, main boulevard plot). Please note that the prices are subject to changes in the upcoming year.
Park View City The Walk Payment Plan
There is 1 Kanal plot available for you in The Walk.
Park View City 1 Kanal Commercial Plot
- The price of this property is PKR 250,000,000.
- There is a membership fee of PKR 200,000.
- You need to pay the 25% down payment of PKR 62,500,000.
- There is a balance payment of PKR 187,500,000.
- The plot comes with 6 quarterly installments of PKR 31,250,000.
The prices of The Walk are subject to future changes but for now, they are available at these prices. There is a 5% discount on lump-sum payments. Moreover, there are 10% extra charges for the corner plot, main boulevard plot, and park-facing plot categories.
Commercial Downtown Residential Apartments
You know well that Park View City has excellent apartment options called Terrace Apartments. And now you can also have apartments in the Commercial Downtown Islamabad. Excited? There is more. You can also have a penthouse of your choice. These will be mixed-use buildings. The basic structure of these buildings is that there will be shops on the ground floor, offices on the middle floors, apartments, and penthouses on the rest of the floors.
Moreover, we have our very own project in Commercial Downtown Islamabad, Pearl Heights. It is a marvelous building facing the roundabout and the hills. So, you get to be at the heart of Commercial Downtown, and also enjoy a beautiful view of the hills from your bedroom windows. And if you have a penthouse in Pearl Heights, surely there is nothing better than that.
The structural work is already completed and the interiors and exteriors work is taking place. Pearl Heights will be delivered before its anticipated time, therefore now is the best time to make an investment there.
Pearl Heights Payment Plan
Let us take a look at the payment plan for the various sizes of shops. Kindly note that we have given the possession and the monthly rental income has started as well. Even so, these shops may be available for resale, so you should stay updated about it.
Shop # 1 and Shop # 6
- These shops are 402 sq. ft. in size.
- The total price is PKR 24,120,000.
- They are available on 100% payment.
Shop # 2 and Shop # 5
- The size of these shops is 409 sq. ft.
- The total cost is PKR 24,540,000.
- You can get these shops on 100% payment.
Shop # 3 and Shop # 4
- Firstly, the size of these shops is 327 sq. ft.
- The full price to pay for them is PKR 19,620,000.
- These shops are available on 100% payment.
The payment plan is given below,
Pearl Heights Offices Payment Plan
You will find the payment plan for the offices even more interesting.
Office no. 1 and Office no. 5
- These offices have a size of 503 sq. ft.
- They are available at a cost of PKR 15,090,000.
- The 50% booking amount is PKR 7, 545,000.
- There are 4 quarterly installments of PKR 1,886,250.
- You may also choose 12 quarterly installments of PKR 628,750.
Office no. 2 and Office no. 4
- The size of these offices is 610 sq. ft.
- The total price for these offices is PKR 18,300,000.
- There is a 50% booking amount of PKR 9,150,000.
- The 4 quarterly installments are PKR 2,287,500.
- There is also the option of 12 quarterly installments of PKR 762,500.
Office no. 3
- This office has a size of 636 sq. ft.
- The price is PKR 19,080,000.
- There is a 50% booking payment of PKR 9,540,000.
- The first option is 4 quarterly installments of PKR 2,385,000 each.
- Another option is 12 quarterly installments of PKR 795,000.
Pearl Heights Apartments Payment Plan
There are apartments from the 3rd to 5th floor of Pearl Heights. Now we shall discuss the prices of the apartments.
Apartment # A and Apartment # D
- These apartments have a size of 550 sq. ft.
- The price is PKR 11,00,000.
- There is a 50% booking price of PKR 5,500,000.
- You can pay through 4 quarterly installments of PKR 1,375,000.
- There are also 12 quarterly installments of PKR 458,333.
Apartment # B and Apartment # C
- The size of these apartments is 1020 sq. ft.
- They are available at a price of PKR 20,400,000.
- There is a 50% booking cost of PKR 10,200,000.
- The first option is to pay through 4 quarterly installments of PKR 2,550,000.
- You can also pay through 12 quarterly installments of PKR 850,000.
Pearl Heights Penthouse Payment Plan
We are proud to present our penthouse options that are on the 6th floor of Pearl Heights.
A and B Penthouses
- These penthouses have a size of 1700 sq. ft.
- The total price of the penthouse is PKR 40,800,000.
- There is a 50% booking amount of PKR 20,400,000.
- You can pay with 4 quarterly installments of PKR 5,100,000.
- There is also the option of 12 quarterly installments of PKR 1,700,000.
How to Invest in Park View City Commercial Downtown Islamabad?
Before making any investment decision, there are a few simple guidelines that you must follow,
Analyze your Spending Pattern
You must manage your finances properly if you are going to send out a set amount of installments for your property. Before you go into a whole installment plan, make sure there is enough money for the rest of the daily basis expenditures and for a savings system too.
Check the Legality of Property
Make sure that the property you are investing in is 100% legal and that way your investment will be safe for sure. You can take the help of a legal advisor.
Sort out Your Documents
You need to organize the documents required to secure your property. Ensure that you have multiple copies of the documents so that you have a few copies to keep for yourself.
Seek Professional Assistance
Take the help of real estate agents who are well-informed and will not misguide you. You need someone who allows you to avail the best opportunity that your budget allows.
Book Your Commercial Property With Pearl Marketing
Our skilled professionals at Pearl Marketing are ready to assist you in your booking process. You will need the following documents to begin the process,
- A copy of the CNIC
- The ID Card copies of your nominee
- 2 passport-size photos
Why Commercial Downtown Islamabad?
Investment-minded people listen up. What makes Park View City the best commercial option for you? It is set to be the business hub of not only Park View City but of the twin cities. Here are a few reasons why you should consider Commercial Downtown Islamabad.
An Ideal Ambiance
What they are building downtown is an ambiance, where entertainment, shopping, and recreation are all possible in one place. There will be world-famous coffee shops and restaurants, entertainment venues for children, and shopping opportunities for people of all ages. Therefore, it is a wonderful idea to be living in such a place. Some people are calling it “lake city” due to the whole concept of the buildings around the lake.
Inspiration from Downtown Dubai
Aleem Khan laid this initiative because he was inspired by Downtown Dubai. In many ways, it will be better than Downtown Dubai because it does not have Islamabad’s pleasant weather, these hills, and the greenery. So, this commercial property will also have features that are not man-made, but the gifts of God, which are the greenery and the view of the mountains.
Plenty of Commercial Opportunities
The Commercial Downtown at Park View City is an entirely new concept, it means a lot of commercial activity in one place. There is nothing like it in the areas closest to it like Barakoh and Chak Shahzad. The touch of modernization that the housing society is adding to it is the need of those areas too, because they have to travel far and wide for such opportunities. This is the right time for commercial opportunities even for those who have settled in Park View City, particularly if we talk about A and B Blocks.
Investment Potential
I hope that you know how beneficial it is to invest in Park View City Commercial Downtown Islamabad. Some plots in Downtown Commercial are 100% paid and may be available for resale at full payment at your end too. Most of them are still available in installments for 6 Marla, 8 Marla, and 1 Kanal commercial plots on a 2 years payment plan and you will get possession immediately after you deliver the down payment. Once the down payment is done you can begin work on the site and pay the rest of the money in installments over a period of 2 years.
This was an offer that the society offered for A and B Block in 2017. They created the plots, marketed them, took down payments, and allowed people to begin building their homes. At that time the price of a 5 Marla plot was 35 lac, with PKR 7,75000 and then there was a 2-year payment plan. Today both A and B Block are fully constructed, families have moved in and you get to see a healthy lifestyle there.
The coming year for Downtown Commercial Islamabad looks bright too, there will be many new developments to see and people will have moved in and commercial activities will be going on in full swing.
Aleem Khan, Chairman of Vision Group personally believes that the dancing fountains, the lake, and downtown will pull all of the citizens of Pakistan to Park View City. Having a property here for residential or commercial purposes will result in a high ROI (Return on Investment).
Park View City Residential Blocks
Park View City comprises several Blocks, including
- Park View City A and B Block
- Park View City C Block
- Park View City D Block
- Park View City E Block
- Park View City F Block
- Park View City H Block
- Park View City J Block
- Park View City Golf Estate Block
- Park View City Overseas Block
- Park View City Hills Estate Block
- Park View City Downtown Commercial Block
Pros and Cons
Pros | Cons |
---|---|
One of a Kind Ambiance | Perception of a High Price |
High Level of Security | Potentially high maintenance costs. |
The Commercial Hub | Value can go up or down due to the real estate market. |
Prayer Facilities | |
Fire Escape Systems | |
Scenic View of Hills and Lake | |
Top-Notch Development | |
Trusted Owner | |
Neat and Clean Environment | |
High Return on Investment |
Conclusion
Park View City Downtown Commercial Islamabad is the place for you if a quality lifestyle is what you seek. You can be a part of the biggest commercial project ever, by simply having your own commercial property or a nice penthouse there. The aim of this initiative is to allow the residents to live the lavish lifestyle promised by the housing society. If you are interested in it, contact Pearl Marketing today to secure the future of you and your family.
FAQs
What is The Walk Commercial-Downtown?
Commercial Downtown is a commercial hub in Park View City and the walk is an integral part of it.
What is the development status of Downtown Commercial Islamabad?
Downtown Commercial Islamabad is currently undergoing steady development; we observed the structures of the plazas standing especially in the A-com area. Moreover, by the beginning of 2024, they will have finished with the dancing fountains at the lake.
Are there residential plots in Park View City Commercial Downtown?
There are no residential plots in Downtown Islamabad but there are apartment and penthouse options available.
What is the investment potential of the Downtown Commercial?
There is great investment potential and now is the best time to invest because the prices are only going to increase. After you have paid the down payment you can start constructing your commercial property and make the remaining payment in installments over a time period of 2 years.
What is the NOC status of Park View City Islamabad?
The Capital Development Authority, CDA has approved the NOC of Park View City.
What is the size of 8 Marla plots in Islamabad?
The size of an 8-Marla plot is 1800 square feet (or 40’ * 45’).
Is Park View City Islamabad a good investment?
Park View City is a good commercial and residential investment option because of its upscale location and peaceful atmosphere.
What kind of penthouses are available in Downtown Park View City?
There are exclusive 1700 sq. ft size penthouses available at Pearl Heights in Commercial Downtown Park View City.
What kind of commercial plots can I get in Park View City?
You can get 6 and 8 Marla commercial plots near the lake in Downtown Commercial. They are selling fast and most of them are available for resale, so hurry up and get yours.
How can I book a commercial plot in Park View City?
You can book your plot by contacting us today at (051) 8356630 or by visiting our Blue Area office.
What are the documents required to book a commercial plot in Park View City?
You will need the following documents,
- A copy of the CNIC
- The ID Card copies of your nominee
- 2 passport-size photos