Islamabad ICHS-Town

Introduction :

The Islamabad Co-operative Housing Scheme’s low-income housing project is called Islamabad Cooperative Housing Society (ICHS Town). It is one of the housing developments situated close to Rawalpindi and Islamabad. It provides its inhabitants with entertainment in addition to the needs of a cozy home.

This semi-government housing project was started to give low- and moderate-income households a decent place to live. Situated near Islamabad, the housing estate offers breathtaking views of the majestic Margalla Hills.

Official Launch :

Multi Gardens opened in 2004, but the society has been around for a long time. Its first apartment project, Islamabad Gardens, opened in E-11/3 in 1989, and its first office building, E-11/1 in 2001. Around the same time as this project, ICHS Town also began.

Layout designs for the society must be approved in accordance with the Capital Development Authority’s (CDA) specific laws and regulations.

ICHS Town Location :

The building project is close to Fateh Jang Road, which is about 42 km from Islamabad’s zero point. It is one of the communities that is close to the new Islamabad airport.

One of the good things about Society’s position is that it is only 3 km from the CPEC route and 4 km from New Islamabad International Airport.

Here is how far away the society is from the places that are close by:

• Fateh Jang 20 km
• Islamabad Zero point 42 km
• Highway 15 km
• Rawalpindi 37 km
• Murree, 77 km
• Gandhara, 42 km
• Abbottabad 112 km

Total Area :

The building project has been given a total land area of about 5500 Kanal. According to the group, it can meet the housing needs of about 35,000 to 40,000 people in the area.

ICHS Town Master Plan :

Zoom developers have made a master plan for this society. We are attaching the master plan of this esteemed project for your ease down below:
ICHS Town Map

Here is a map of where ICHS Town is located :

Location Map of ICHS Town :

The map shows that this beautiful housing society is easy to get to from Ternot and Qatbal Village, which are both on the main Fateh Jang, Attock Road. To avoid any confusion, you can also quickly find the address of the Islamabad Cooperative Housing Society on Google Maps by searching for it on your phone.

The society is in a great spot, right where Fateh Jang, Rawalpindi, and Islamabad meet, which are Afghanistan’s three largest towns.
Ternot and Qatbal village are the entry points to ICHS Town via Attock Road and Dhamyal Road, which are both close to the Kashmir Highway.

Town NOC and Permission for ICHS :

The Town Municipal Administration (Pakistan) has accepted the project, which is a dependable and completely safe investment.

The remaining details are shown below:

• Registration Number 313 for Cooperative Societies: Co-operative Societies Department, ICT, Islamabad.
• The Tehsil Municipal Administration (TMA), located in Fateh Jang, has issued Notice of Circumstance No. 567/SL/N-I/TP/TMAF.

Ministry of Defense:

NOTICE NO.6/53/Misc/D-28/2008 from the Ministry of Defense, Government of Pakistan.

Civil Aviation Authority:

Construction from Civil Aviation Authority, Headquarters, Karachi, under NOC No. HQCAA/1124/44/ATS(P/C) 2693 from Civil Aviation Authority (CAA).

Environmental Protection Department:

Environmental Protection Department, Government of Punjab; NOC No. DD(EIA)EPA/F-80(IEE)/0307/2009/2892.

Features of ICHS Town :

While ICHS does not attempt to be particularly ostentatious, it does provide all the essential amenities that are required for a comfortable lifestyle. The following fundamental facilities are available to residents of ICHS Town:

• Underground Power
• Gas
• Water
• Modern Sewerage Infrastructure
• Main Boulevard is 162 feet wide.
• Streets with paving
• Street lamps
• Running tracks
• Little golf club
• Club community
• Gated neighborhood
• Extensive road network
• Schools, Hospitals, and Mosques
• Parks and retail establishments

Details of the ICHS Town Islamabad project :

However, different sizes were available for commercial plots in the society’s markaz. Later, the officials of this housing venture felt the need to revise its master plan and add more blocks to the residential area, which now offers a variety of plot sizes to meet the demand. Originally, the society divided its area into six residential blocks, only offering one kanal residential plots.

Quaid Block has launched new blocks. There are simple 2.5-year installment plans available for plots of 5, 7, 10, Marla, and 1 Kanal.

The payment plan for ICHS Town Islamabad :

The registration booking forms were made accessible at the chosen Silk Bank branches situated in all of Pakistan’s major cities starting on October 1, 2015, making the registration procedure extremely simple for prospective customers. Installments were required for payment of the amount.

Plots in the older blocks are currently sold out and can be purchased for a profit on the secondary market. The society has introduced a simple payment plan for the community’s newest extension block.

The most recent residential plot payment schedule is as follows:

Payment Plan for ICHS Town Islamabad :

Plot Size	Total Size	Cost of Land	Develpment Charges	Membership Fee	Share Money	14 Quarterly Instaliments
25×50	771,000	451,000	319,000	5000	2000	3,190,000
30×60	1,057,000	590,000	460,000	5000	2000	787,500
35×70	1,507,000	875,000	625,000	5000	2000	1,125,040
50×90	2,659,000	3,500,000	1,150,000	5000	4000	1,987,510

Conditions & Terms :

• 1: Every corner plot and every plot on Main Boulevard will come with an extra premium equal to 10% of the scheme’s average cost.
• 2: Residential plots are only allocated for residential use; failure to comply with this condition will result in the allocation being canceled.
• 3: In addition, the housing association provides special discounted rates to Pakistani officers who have retired, government and semi-government employees, overseas Pakistanis, disabled people, widows, and orphans.

Town Development at ICHS :

Phase 1 development is nearly finished, with 50% of the work completed on the installation of power, sewer, and road networks. Nevertheless, phase 1 development is moving very slowly; the earthwork alone will take at least two or three years to finish.

The pace of development at ICHS has been relatively modest over the past few years, but with the opening of the new International Islamabad Airport, the society’s management has accelerated considerably. Due to the CPEC Route passing close to this society, there has been a surge in economic activity in the area, which has opened up many opportunities and drawn many developers and investors to this housing project.

The latest developments in the area are to blame for the rising costs in society. The community has telephone, gas, water, and subterranean electrical connections built. Together with the cutting-edge, 160-foot-wide Main Boulevard, the construction on carpeted roadways connecting every area of the community is finished. Additionally finished are the constructions of the housing project’s border wall and main entrance gate.

The Main Boulevard now has solar lighting installed to improve the convenience and environmental friendliness of the housing community. Additionally, backup generators are offered to handle any power outages.

There is also a water and sewage disposal system installed all around the place. As was already noted, all of the construction, along with the amenities and contemporary infrastructure the project offers, raises the property value for its homeowners at reasonable prices.

The society has suggested that plots in the first phase can be occupied in six to ten months. The extension block, on the other hand, will take longer because it is a relatively new block and will require more time for development and other formalities. The housing society’s management is requesting two to three years before granting control of these blocks.

Investment Perspective :

Investing in real estate is one of the best and most dependable ways to grow your wealth and provide income. Real estate is one of the safest and least risky sectors, which is why all successful people worldwide partake in it. You can make more money in a shorter amount of time without putting in a lot of work. The same opportunity in terms of value and promising investment opportunities is provided by ICHS Town.

This attractive and well-planned housing community has been growing quickly as a result of the region’s changing socioeconomic dynamics. It undoubtedly offers a great chance to invest in both residential and commercial buildings inside the community. The value and worth of investment is increased by the dependable infrastructure, exquisitely designed roadways, contemporary architecture, and state-of-the-art facilities.

To make a lot of money from this project, it is highly advantageous to keep the property for at least a year following the investment. Additionally, you will be given possession in the meantime, which will increase your income even more. The best case scenario would be to be able to keep up the property for a longer period of time-let’s say four or five years—in order to get back 100% of your initial investment.

Though the future is unpredictable, this housing society has countless opportunities.

Rules to abide by while buying or selling plots

The following are the guidelines to follow:

Verification of Documents:

Please make sure you thoroughly check all the paperwork to prevent any misunderstandings or miscommunications. Make sure you ask about the NOC and the developers’ properly approved approval document from the authorities before proceeding with any real estate purchase or sale. Your documents will be legitimate in this way for any purpose that could lead to client satisfaction.

Financial security :

Please make sure your funds match your buying plan before finalizing any sales or purchases of the property. Your transaction or buy will proceed without a hitch in this manner.

Visits to Properties :

Visit the location to confirm that the written documents fall within the plot criteria before making any purchases and after confirming the veracity of the documents.

Advantages of Investing in Real Estate :

Investing in real estate is among the most lucrative ventures. This is a result of its superior potential for investment return. However, the thing to remember is that it will only be profitable if done properly. Investment in the real estate sector offers a number of advantages.

Here are some of the most important benefits :

1. Stability of finances
   In fact, the real estate industry is the one that can maintain the worth of an investment and prevent it from decreasing if someone has excess money or an item that they would like to retain high.
2. Consistent Revenue
   Investing in real estate allows one to create a steady income stream rapidly. One may purchase a piece of land, develop it, then purchase a developed property and rent it out on a monthly or annual basis. Not only that, but the rent goes up year by a certain amount, so it’s safe to argue that it improves rather than stays the same.
3. Controllable
   An investment is not like a living creature that requires constant care once it is completed. The most you will need to do is periodically check on your property to make sure encroachers are not taking advantage of it.
4. Passive Income
   After making an investment in real estate, one may be able to earn passive income, such as rent. Purchasing a developed property or developing undeveloped land, investors then rent it out, guaranteeing a consistent source of income all year long.
5. Asset Not Depreciable
   When done correctly, real estate investing is the kind of business that never goes down in value. Every year, the value of real estate rises. Also, the value can rise significantly if a big public or private project is initiated nearby.

FINAL VERDICT :

Even though the investment in ICHS Town will need to be made over an extended period of time, specialists have determined that, depending on the amount made, the margin for returns will be substantial. You can live the life you have always imagined in the housing society, which is an amazing location to live.

Make the most of this lucky chance to make your dreams come true.