Park Town
Park Town Fateh Jang is a supposedly approved housing scheme which is located on the main CPEC route and Hakla D.I Khan motorway. Park Town is surrounded by the lush green views of the Margalla Hills. Apart from being surrounded by greenery, the management has inaugurated multiple parks and green areas inside as well. According to the claims of the management, the NOC status of the housing scheme is validated by the respective municipal authority. This prestige housing scheme is sprawled over a massive area of 12,000 Kanals, and it offers residential and commercial plots of various sizes on easy installment plans which are quite convenient for the customers. Apart from the prices being easily affordable by the general public of Pakistan, the facilities and amenities offered in Park Town are one of a kind. The facilities are present to facilitate the resident’s daily and enhance their way of life, giving them a living experience unlike any other.
Park Town Payment Plan
The management of Park Town has put forward a simple and convenient payment plan. The prices were initially set quite low in the pre-launch phase, but after facing immense demand the prices of the plots increased dramatically. The installation period lasts for 4 years, where the customers can either choose to pay in 48 monthly installments, where the installments go as low as only 10,000 PKR per monthly installment, or they can choose to pay biannual installments. The overall number of biannual installments is 8.The following table depicts the prices of the residential plots available for sale in Park Town (please note that the office management has so far given the rates for the following plots only. Contact the official management in case of full inquiry of the prices):
Plot Size | Total Price | Down Payment | Confirmation | 48 monthly installment | Balloon payment (biannual) | On Possession |
3.5 Marla | 1,350,000 | 200,000 | 135,000 | 10,000 | 60,000 | 55,000 |
5 Marla | 1,850,000 | 275,000 | 185,000 | 13,500 | 80,000 | 102,000 |
7 Marla | 2,450,000 | 350,000 | 185,000 | 18,000 | 105,000 | 146,000 |
10 Marla | 3,250,000 | 485,000 | 3250,000 | 24,000 | 140,000 | 168,000 |
The following additional charges will be applied where applicable:
- Plot facing corner: 10%
- Plot facing road: 5%
- Plot facing park: 5%
- Plot open from the west: 5%
The following are the terms and conditions laid down by the management of Park Town:
- Additional charges payable must be paid within 180 days from the date of the booking of the plot
- The installments due must be paid before the 10th date of each month
- Development charges, connection charges for basic utilities, and documentation charges will be charged according to the demands of the company
- In case of the surplus area due to physical distinction, additional charges will be added to the cost of the property
Park Town Master Plan
The prestige housing scheme of Park Town is spread over a massive area of 12,000 Kanals, and it is divided into phases 1 and phase 2. Along with the top-class facilities such as sports centers, wide roads, and green areas such as parks, the master plan includes so much more. Park Town offers plots in various sizes. The following are the available options for booking in Park Town:
- 5 Marla
- 5 Marla
- 7 Marla
- 10 Marla
- 14 Marla
- 1 Kanal
- 4 Kanal
- 8 Kanal
Developers
Park town has been developed by Park Group. Park Group has been a successful company in the real estate industry that has delivered several successful projects in the past, and they have achieved customer satisfaction on many levels. The company consists of several skilled entrepreneurs, architects, and business owners. The following are the upcoming projects by the Park Group:
- Park Town – M-14, Fatehjang Interchange, Islamabad – Fateh Jang Motorway
- Park Meadows – M-1, Ghazi Interchange, Islamabad – Peshawar Motorway
- Park 102 – Bahria Town, Phase 7, Islamabad.
- Park 105 – Toll Plaza, Murree Expressway.
- Gwadar Industrial Park – Pasni, Kappa.
- Capital Investment Park – M-14, Islamabad – D.I Khan Motorway
NOC
According to the management of Park Town, the No objection certificate of the housing scheme is duly approved by the respective municipal authority.
Location
Location plays a vital role in earning the favor of the investors, and the location of Park Town is ideal in the sense that it is in a prime location with easy accessibility from major points which are within the vicinity of the twin cities. Park Town is located on the main CPEC route and Hakla D.I Khan motorway. This ideal location grants easy accessibility from the M2 motorway, Srinagar highway, and Islamabad-D. I Khan Motorway.
The following are the notable places within proximity to Park Town:
- Islamabad International Airport
- Top City 1
- Thalian Interchange
- M2 Islamabad-Lahore Motorway
- Islamabad motorway interchange
- Srinagar Highway
- Islamabad-DI Khan motorway
Facilities Offered
Park Town is an ultra-modern housing scheme that offers salient amenities to the residents which are guaranteed to boost the living level of the people of Pakistan. Park town aims to deliver the best of the best amenities a housing scheme has to offer its people. Some of the principal features of this elite housing society are as follows:
- Constant supply of basic utilities: Pakistan is a third-world country, and the supply of basic utilities in rural areas is still limited. Urban areas face shortages of utilities like electricity, water, and gas and the outages of these utilities are no surprise to the locals. With Park Town’s immaculate way of handling these issues, the residents are promised a year-round supply of the mentioned utilities. Moreover, unlike the main cities of Pakistan, the supply of basic utilities will be handled via underground channels.
- Solar Powered Electricity: To counter serious issues for our climate like global warming, we need to turn to renewable sources of energy that are not dangerous for our environment. Park Town’s energy is being developed by solar panels which can not be seen commonly in other housing schemes in Pakistan.
- Safety: Safety is treated as a top priority in the housing schemes of Pakistan, and Park Town does not disappoint in that aspect. The housing scheme will be a gated community with the areas being under 24/7 surveillance to assure maximum security for the residents.
- Wifi Spots: Throughout the housing scheme, residents will have access to free Wifi at certain spots.
- Greenery: Apart from the already naturally appealing location of Park Town, the management has decided to include green areas such as parks and playgrounds along with open free spaces to give the residents a feeling of being close to nature in a healthy atmosphere.
- Trails: For people who prefer riding their cycle to places or for people who prefer walking, the walking and cycling trails of Park Town will be an amenity that they will cherish.
- Grand Mosque: The housing scheme will include a Grand Mosque where the worshippers can offer their prayers and other religious practices with ease. Furthermore, the housing scheme will feature a mosque within each block.
- Restaurants and Cafes: The housing scheme will feature cafes and branded restaurants which will be serving tantalizing foods where the residents can come out to enjoy their free time along with friends or family. If they wish to drink warm coffee on a nice morning, they can do that with the cafes included in the housing scheme.
- Sports area: sports area will also be part of the housing scheme for people to stay fit or for people who chose to participate in sports as a hobby. A polo ground with the finest horses will also be included in the sports complex.
- Proper Hygiene: Waste and sewage draining will be handled efficiently, to ensure Park Town remains a clean and hygienic housing scheme.
- Quality education: the housing scheme, at the heart of Park town, will feature a college that will provide the students with top-notch education with a modern curriculum. Apart from the central college, the housing scheme will also feature schools.
- Hospital: To cater to the medical needs of the residents, a hospital with trained personnel and up-to-date equipment will be included in the housing scheme.
- Playgrounds and parks: Parks and playgrounds will serve as a relaxing point for the residents to bring their children in their leisure time.3
- IT Block: IT is a developing and ever-thriving field, and hence, the industrial area of Park Town will have an IT district to produce the latest technologies which will be beneficial for the people of Pakistan.
Key Features
The following are the key features of Park Town Fateh Jang:
- Proper Waste disposal
- Up-to-date hospital
- Up-to-date school
- Grand Jamia Mosque
- Community sector
- Load Shedding free zone
- Hotel and Resorts
- Restaurants
- Cafes
- Central Park
- Sports Complex
- Open Green Areas
- Solar powered electricity
- Cycling and walking trails
- Free WIFI spots
- Safe and Secure
- 24/7 Surveillance
- Underground supply of utilities