Islamabad is the capital of Islamic Republic of Pakistan located at the confluence of Punjab and KPK. The estimated population is around 2 million and when we consider it with Rawalpindi which is the twin city, it is the 3rd largest conurbation of Pakistan. It is the first planned city of Pakistan and One of very few cities in the world which is developed as a capital. Due to its calmness, cleanliness and greenery, Islamabad has attracted people from all over Pakistan, making it one of the most cosmopolitan and urbanized cities of Pakistan. All offices of Government of Pakistan like President House, Prime Minister Secretariat, Supreme Court Building and other offices are here. All foreign diplomats and embassies are also in Islamabad due to which this city has become the most diversified city of Pakistan.
It is said that Islamabad is the most expensive city in Pakistan and it is due to the people who live here. The CDA sectors of Islamabad like F-7, F-8, F-9, F-10, G-8, G-9, G-10 and other areas are the most expensive areas of Islamabad. The prices of real estate products in Islamabad reflect the wealth of people, though the market is stuck and plummeted around 20% in Capital development Authority (CDA) controlled sectors.
Unlike Lahore, Islamabad and Rawalpindi real estate sectors are flourishing and the trend setters are the same as in Lahore: DHA and Bahria Town. Before these two main trend setters, the real estate market of Islamabad was outperforming when other cities of Pakistan were facing the real boom in the real estate market.
When we study DHA Islamabad and Bahria town, these societies are still providing opportunities for investors. The average land prices of DHA Islamabad and Bahria town at such point where investors and potential clients have the chance to invest in the houses, plots and commercial properties. This trend is also affecting the CDA controlled societies and now the prices in these sectors are also on the rise.
