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Park View City Islamabad: All Details About The Project
Park View City Islamabad is a planned city located in the suburb of Rawalpindi, Islamabad, Pakistan. It will be the largest multipurpose complex in Islamabad and will feature a mix of residential, commercial and recreational facilities. The project is being developed by the real estate giant Jamali Group in collaboration with financial institutions and other interested parties. The Lead Marketing has generated a lot of interest in recent years, with everyone from ordinary citizens to business leaders looking forward to its arrival. So what are all the details about this amazing project? Read on to find out!
Park View City Islamabad: What is it?
The development of Park View City Islamabad is a mammoth project that has been in the making for quite some time now. Located in the heart of Islamabad, this new district will be home to some of the best amenities and facilities that the city has to offer.
When it comes to size, Park View City Islamabad will dwarf other districts in Islamabad. With an area of 1,040 hectares, this new development ...
... will feature a mix of public and private sectors. The private sector will account for around 65% of the total area while the public sector will occupy 35%. In terms of population, expect this new district to house around one million people.
There are a number of attractions associated with Park View City Islamabad which include a golf course, hospitals, schools and shopping malls. Additionally, you can find various recreational facilities such as tennis courts and pools. In terms of infrastructure, you can expect this new district to feature high-rise buildings, wide roads and ample parking spaces.
This is undoubtedly one of the most exciting developments in Islamabad and it is sure to appeal to a wide range of residents. With its myriad amenities and opportunities, Park View City Islamabad is well worth considering for anyone looking for a stylish and spacious urban setting.
Park View City Islamabad: Location
Park View City Islamabad is located in the city of Islamabad, capital of Pakistan. It is a planned city and development project that will have an area of 1,600 hectares. The main purpose of Park View City Islamabad is to provide a new residential, commercial and industrial hub for the region. It will also include schools, hospitals, parks and other amenities. Construction on Park View City Islamabad began in 2007 and it is expected to be completed by 2020.
Park View City Islamabad: Estimated Cost
Park View City Islamabad is a mixed-use development located in the precincts of the Mughal district of Islamabad. The project is being developed by the Ayyub Khan Development Trust and will consist of a mix of luxury residential apartments, serviced apartments, retail spaces, a hotel, restaurants and parks. The estimated cost of the project is Rs. 2,000 crore.
The project will have a total gross floor area of 1.5 million square feet with approximately 900 residential units, 500 serviced apartments and 150 retail spaces. A total of 600 parking slots will be available for residents and visitors to the development.
The development will feature state-of-the-art amenities including a swimming pool, gardens and fitness centres. It is planned to be completed in phases over a period of five years.
Park View City Islamabad: Founders
Park View City Islamabad is an upcoming city that is being developed by the Park View Group. It will be located in the Federal Capital Territory of Islamabad, Pakistan and will have a population of over 1 million people. The city will have a number of different recreational and entertainment facilities, including a golf course, a theme park, and a casino.
The project was first announced in 2016 and construction began that year. The first phase of the city is expected to be completed by 2020 and it will have a total area of around 250 hectares. The second phase of the project will add another 100 hectares to the city's area and it is scheduled to be completed by 2025.
The development of Park View City Islamabad has been controversial in Pakistan because of concerns about the potential environmental impacts of the project. However, Park View Group has plans to use the city's green spaces to create new parks and open up areas for public recreation.
Park View City Islamabad: Latest News and Updates
Park View City Islamabad is a massive mixed-use project that is currently under development in Islamabad, Pakistan. The project will comprise of residential, commercial, and institutional spaces. When it is complete, Park View City Islamabad will be one of the largest and most luxurious urban developments in Pakistan.
The development has been underway for quite some time now, and there have been a number of updates released about the progress of the project. Recently, representatives from Park View City Islamabad met with officials from the Ministry of Housing and Works to discuss the status of the development. The meeting was fruitful, and both sides agreed to continue working together to ensure that the project reaches its final completion.
One thing that has been delaying the completion of Park View City Islamabad is a lack of land availability. However, with recent developments involving private developers acquiring land in Islamabad, things are looking much more positive for the development. In addition to this, work on public infrastructure such as roads and water facilities has also started moving forward.
The latest news about Park View City Islamabad indicates that it is continuing to make good progress despite some setbacks. It is expected to be completed by 2020 at the latest.
Conclusion
Park View City Islamabad is one of the most awaited projects in Islamabad and it seems like everything is coming together for its groundbreaking ceremony. The project, which is estimated to cost Rs. 40,000 crore, will be built on a 260-acre plot in sectors F-11 and G-5 of the city and will have a mix of residential, commercial and recreational spaces. Construction is set to start by early 2020 and the municipality has already allotted land to several developers including DLF, Al Wasl Group and Hong Kongbased Broadgate Capital Partners. If you are interested in learning more about Park View City Islamabad or investment opportunities related to it, then read our complete article below!
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