The Remarkable Launch of Capital Smart City Islamabad!
Capital Smart City Islamabad is one-of-a-kind project, being developed by Future Development Holdings (FDHL) in association with Habib-Rafiq Limited and Surbana Jurong. The master plan of the first smart city in Pakistan is developed by Surbana Jurong, one of the largest Asia-based urban and infrastructure consulting firms, based in Singapore. In this blog, you will find out the effect of Capital Smart City’s launch on existing and new members.
On the 6th of October 2019, Capital Smart City was launched with a spectacular show. The well-planned event took place in Serena Hotel Islamabad with a huge gathering of real estate investors, marketers and the general public. Around 1500 clients visited the grand launch of Capital Smart City, clearly depicting their confidence and satisfaction with the project. Furthermore, the representatives of the international consultants of Capital Smart City, Surbana Jurong (the designer of the master plan) Singapore, Harradine Golf, Cracknell Dubai and ESA Italy (responsible for water and sewage treatment and solar waste management) came to participate in the official launching ceremony of Capital Smart City.
Have you missed watching the launch? Don’t worry, we are here to disclose some of the highlights from the event:
How does Capital Smart City’s Launch affect you?
Capital Smart City has received the long-awaited No Objection Certificate (NOC) from Rawalpindi Development Authority (RDA) for about 6,000 plots in its Overseas and Executive block.
Motorway Interchange for Smart City:
The dedicated interchange on the Lahore-Islamabad Motorway (M-2) has been approved by the National Highway Authority (NHA).
Capital Smart City will be the first balloting for approximately 6,000 plots in the Overseas and Executive block on 15th November 2019. Members who have made up to 50% payment for their plots, by 15th October 2019, will be included in the first balloting. This is also an opportunity for General block members to also participate in the balloting by converting their block into Executive block.
Choosing Plot Before balloting:
The members who submit more than 50% payment for their plot/plots before 15th October 2019 will get a chance to select their favourite plot before balloting. Take a look at the most recent and detailed master plan of Capital Smart City to choose your favourite plot and call Sahban Tariq Malik at +92 334 5557734 for booking and further details.
The society will hand over possession of the Overseas block by the mid of next year, 2020.
Launching of Smart Villas:
Capital Smart City also launched The Smart Villas officially. An exciting news, shared by the DGM of the society, Mr. Mujeeb Ahmed Khan, is that existing members can adjust their payment towards the purchase of a villa in The Smart Villas project.
Expert Advice on Capital Smart City Launch:
Launch of Capital Smart City was a successful event. The society really won everyone’s attention through its grand launching ceremony, enticing TV commercials and exciting news about the upcoming balloting. The market experts of Islamabad Projects strongly suggest the existing members to submit their pending dues and take part in the first balloting as the market for balloted plots will be different from that for unballoted plots. Balloted plots tend to have higher market prices than unballotted ones. Furthermore, since Overseas block members are getting possession in less than a year, we expect the Overseas block to perform better. For more on the impact of Capital Smart City Launch on members and new bookings, read our article: The Wait is Over; Capital Smart City Launches on 6 October 2019.
Check out the YouTube channel of Islamabad Projects and follow the Facebook page of Islamabad Projects for latest development updates. Call the featured agent of Islamabad Project, Sahban Tariq Malik, for further details at +92 334 5557734.