Bahria Enclave Islamabad prospects for second half of 2018

Bahria Enclave Islamabad

For investors looking to take no risks, Bahria Enclave is one of the most popular housing schemes in Islamabad. And due to this reason, as soon as there is a fall in demand, property prices in Bahria Enclave also decrease. Lately, an increase in demand has been noticed for Bahria Enclave.

If you are looking to invest your money here, this update will come in handy.

Market trends

In late July this year, an instant surge in demand for property in Bahria Enclave was witnessed. However the market remained inactive during May and June which also brought along a significant decrease in prices of plots in popular blocks.  The drop rate is higher for blocks which were previously more popular among investors.

But now as the market activity has resumed and with the investors increasing interest, there are new blocks and new offers

With market activity resuming and the number of people interested to invest in Bahria Enclave going up, there are new blocks and new offers bound to to attract potential buyers.  According to our sources, activity is picking up for Bahria Enclave and these potential buyers include both walk-in clients and those inquiring about promising investment options over the phone.

Buying trends

Demand has been high for 10-marla plots in Block C-1 throughout 2018. Whereas Block H has lately become more popular for 5-marla plot category. Buyers interested in 1-kanal category found Block C more

Throughout 2018, demand has remained high for 10-marla plots in Block C-1, while Block H has lately turned out to be more popular for the 5-marla plot category. Buyers interested in 1-kanal plot category found Block C more attractive. In the past, plots around Block C’s sector park have especially sold like hotcakes.

In the previously popular Block N, prices have significantly dropped due to absence of investors.

 The drop was noticeable because the prices had gone up by a decent percentage in the past investment phase. Price depreciation was less prominent for the blocks where development work was yet to begin.

In the developed blocks, the drop in prices was marginal and has lately been recovered.

Development status

Blocks P, K, O and Blocks C-1 and C-1 Extension are currently on development phase. In Block N, work has been put on hold despite the fact that development hasn’t been completed there. It is generally perceived that whenever a new deal is launched in some block, the machinery is moved there for development work. This leads to more sales as people feel that due to the ongoing development work, the property has good future.

 So we can say that initiation of developmental work increases the value of property. And combined with active buyers, the process becomes more rapid.

Lately, new deals for plots in Block P and K has been launched by Bahria Enclave. No property tax or transfer fee is applicable on them since these are essentially issued as forms.

Prices

BlocksPlot sizePrice range in PKR
Block A10-Marla9,000,000 – 13,000,000
1-Kanal12,000,000 – 17,000,000
Block B5-Marla5,500,000 – 6,500,000
8-Marla5,500,000 – 7,000,000
10-Marla8,000,000 – 8,500,000
1-Kanal12,500,000 – 13,500,000
Block C-110-Marla7,000,000 – 10,000,000
Block C1-Kanal15,000,000 – 18,000,000
2-Kanal35,000,000 – 37,500,000
Block E1-Kanal13,000,000 – 13,500,000
Block F5-Marla3,600,000 – 3,800,000
8-Marla4,400,000 – 4,600,000
10-Marla6,500,000 – 7,500,000
1-Kanal11,500,000 – 12,500,000
Block G5-Marla5,000,000 – 5,500,000
8-Marla7,000,000 – 7,500,000
10-Marla6,000,000 – 6,500,000
Block H5-Marla4,800,000 – 5,300,000
Block I5-Marla4,000,000 – 4,500,000
8-Marla6,000,000 – 6,500,000
Block J8-Marla4,000,000 – 5,000,000
10-Marla7,500,000 – 8,500,000
Block K10-Marla5,500,000 – 6,000,000
Block L1-kanal13,500,000 – 14,000,000
Block M10-Marla6,000,000 – 8,000,000
1-Kanal11,500,000 – 12,000,000
Block N5-Marla3,800,000 – 5,000,000
8-Marla5,500,000 – 7,000,000
10-Marla6,000,000 – 7,000,000
Block O5-Marla3,500,000 – 3,800,000
8-Marla 5,000,000 – 5,000,000
Block P10-Marla5,000,000 – 5,500,000

Where Should You Invest?

In the current scenario, new deals offered in Blocks C and C-1 are perfect for investment. It is recommended to go for 10-marla plots in the above mentioned blocks. And those who are interested in 5-marla plots should go for Block I. Lastly, people must visit the site in person to avoid buying plots that are deeper than ground level.

About Author

Jawad Jamil

Writes on sports, real estate, and politics. Currently working with Berq Properties.