The official launch of Capital Smart City (CSC), Pakistan’s first smart city, took place on October 6, 2019, at the Serena Hotel in Islamabad. After the official start of the project, the news of the overseas and executive bloc voting of the property was later confirmed, with all involved awaiting new developments and updates. As the project has piqued everyone’s interest and taken the real estate sector by storm, here are the latest updates BLOCK Capital Smart City launched its new “Overseas Prime Block” on September 22nd, 2020. What sets this overseas block apart is that it sits on the highest point in the city and offers a glimpse of some of the best features and amenities that CSC brings to Islamabad, including the PGA-standard 18-hole golf course. The Overseas Prime Block or OS Prime will have residential lots from 7 Marla to 2 Kanal.
It will have its entrance from the main Chakri street with residential streets that will be 15 meters wide and surrounded by green spaces. The plan is to connect OS Prime to the rest of the city through a range of smart transportation options, including hybrid cars, QR code bicycles, and the city’s Smart Bus Rapid Transit (BRT) system. If you are interested in investing in OS Prime, there is a residential lot for sale at 7 Marla for 32 PKR.3 lakh, while a 10 Marla property can be bought for PKR 42.45 lakh. A slightly larger plot of 12 Marla costs PKR 46.95 lakh. The 1-channel and 2-channel plots can be purchased from Overseas Prime for PKR 63.65 lakh and PKR 1.25 crore, respectively. After the launch, a payment plan for Overseas Prime Block was also introduced, including 3.5 year -Installation payment plans for all residential properties for After a 10% deposit, a further 10% must be paid upon confirmation within 30 days of booking, followed by 42 monthly or 7 semi-annual installments. The rate plan can also be customized to your liking, please note that the parcels facing the park, the street, and the corner may charge an additional 10% of the total price depending on the parcel size, while certain parcels on The Boulevard may vary depending on the size of the parcel also charge an additional 15% of the total price.
As is characteristic of investments in Capital Smart City, all investors charge a non-refundable membership fee. Therefore, individuals investing in 7 packages of Marla may have to pay them 12,000 PKR, while investors of all other parcel sizes in this block will be charged 15,000 PKR. When paying a flat rate of 50% and 100% there is also a discount of 5% and 10% on the total price of the property, RESERVATION CLOSING OVERSEAS-2 BLOCKCSC Reservation closure on July 22nd Official notice Reservation closure date [Credits: Capital Smart City Official Website] Future Development Holdings (FDH) (Pvt) Ltd, the developer of Capital Smart City, has announced a deadline for reservations in some of the blocks: Reserves in The Overseas-2 Block for commercial and residential lots will be on Closed on July 22nd, 2020. Reservations for the 3.5 Marla residential plots in Harmony Park will also close on July 22, 2020. The developer informed investors through its website and social media page that the voting date for the Overseas 2 block will be announced shortly after the reservation closes. will update this post as we learn more about the matter.
INTRODUCTION OF THE NEW BLOCK ‘HARMONY PARK’
Villa Apartments in the Harmony Park BlockHarmony Park Block will include 6 apartments in each villa [Credits: Capital Smart City official website] Capital Smart City has opened a block dedicated to affordable and low-income accommodation in late April 2020 was named Harmony Park. It offers affordable apartments and plots with all the smart features, facilities, and amenities that Capital Smart City prides itself on. The apartments for sale in Harmony Park are called Villa Apartments because their exterior looks like a two-story villa while the interior is divided into two houses on each floor.
These are boutique-style apartments built on 3.5 square meters of land. and 5 marlas 5 MARLA VILLA APARTMENTS According to the payment plans announced by the developers, an apartment in a 3.5 Marla villa will have approximately 660 square meters of living space. spacious, with 1 bedroom, 1 bathroom, and an open kitchen and living room. Floor-to-ceiling windows will make the most of the natural light, making this the perfect home for a small family. The price for a 660 square meter villa within a villa according to Ikhtiaar is PKR 26.85 lakh including development costs, with a Capital Smart City membership fee of PKR 12,000.5 Marla Villa Apartmentsthe 5 Marla Villa Apartments SERÁ SPR. You will even want to pay each installment through the first of each month, with a Pay Order or Demand Draft. The affirmation quantity for residences and plots additionally wishes to be paid inside a month of the down fee to keep away from cancellation. In case of a cancellation, 75% of the reserving quantity might be back to you withinside the subsequent 6 months.
The actual vicinity of this block has now no longer been shared yet, however, the builders are making plans to launch it quickly. We’ll replace this put up for the info as they arrive.
SPECIAL DISCOUNT OFFERS AMID COVID-19 LOCKDOWN
Future Development Holdings (Pvt) Ltd. has introduced numerous incentives for buyers to maintain the cutting-edge pandemic situations in perspective. The incentives had been posted at the business enterprise’s reputable Booking Portal.
SPECIAL DISCOUNT OFFERS, MAY 2020
Initially extending the reductions introduced in April as much as the tenth of May 2020, FDHL has now introduced a Discount Policy to be relevant from the eleventh to the twenty-second of May. Accordingly to this amendment, all new bookings will nevertheless have a fee plan of three. five years and the club price will want to be paid best as soon as at the reserving of three or extra gadgets.
Aside from that, all new bookings of residential and business plots on a 50% down fee get a five.five% cut-price, and bookings on a 100% down fee might be eligible for an eleven% cut price. Meanwhile, all new bookings of the Smart Villas (now no longer the Villa Apartments) with a 50% down fee might be eligible for a three% cut-price, while 100% down fee will bring about a 6% cut price. As before, bookings on 20% of the down fee will make you eligible for selecting the vicinity of your desire on the map upon voting.
The discount gives for present contributors of CSC consist of a five% cut price on due or extremely good installments of all residential and business plots in case you are having hassle paying your dues. Similarly, a reduction of 2.five% is being presented on due or extremely good installments for the Smart Villas. This discounted quantity might be adjusted into the subsequent installments, and the bargain can best be availed for up to a few installments.
Payment of 50% of the due installments will even make you eligible for a 1.five% cut price on the full charge of the unit, even as the fee of 50% installments earlier receives you a five.five% cut price on the full charge. The discounted quantity might be adjusted and meditated at the closing installments equally.
SPECIAL DISCOUNT OFFERS, APRIL 2020
One of the maximum outstanding ones is the developer’s selection to increase the fee plan for all new bookings through 6 months, giving buyers a time of three. five years to pay for the assets.
Other incentives presented through the business enterprise consist of a reduction of 6% over the preceding five% in case of 50% down fee, and a reduction of 12% in preference to 10% on complete coins bills. Moreover, a fee of 6 due installments gives a three% cut price on the general charge of the assets, on the way to be adjusted in following installments, even as paying 6 of the due installments earlier will assure consumers a 6% cut price on the general charge of the assets.
If you’re having hassle paying on your installments at some point of this time, you may additionally request a 10% cut price to your due or extremely good installment fees for up to a few installments. This pass has been taken to offer economic comfort to buyers at some point of the existing crisis, and this discounted quantity might be adjusted with the subsequent installments to follow.
In addition to all the above, the business enterprise has additionally presented a few extra incentives for brand new buyers. All new bookings made with a 20% down fee get the possibility to choose the vicinity in their plot or villa on the map at the time of voting. The preceding standards for this provide had been 40% fee on the time of reserving, which has now been decreased through the half. Moreover, if you decide to e-book 3 or extra gadgets in Capital Smart City, you may best be required to pay Membership Fees for an unmarried unit.
Please observe that that is relevant among sixth and thirtieth April 2020, and bills will best be popular if they may be made thru online banking, pay orders, or coin deposits. All bills and bookings may be forwarded through new and present customers to the business enterprises on line Customer’s Support Centre.
It is likewise essential to observe that the web website online work, which was placed on maintain because of the Coronavirus lockdown, is anticipated to renew from 14th April 2020 at complete capacity.
GLOBAL LAUNCHING EVENTS OF CAPITAL SMART CITY
Capital Smart City is a web website hosting its release activities in diverse towns within side the UK
A Schedule of the Global Launching Events [Credits: Facebook/Capital Smart City]
Plot voting for the venture has been introduced and scheduled for the center of November, and within side the meantime, the builders, FDHL, was pretty busy. According to their Facebook page, they may be presently web website hosting some of the activities within side the UK to make it less difficult for foreign places buyers and consumers to e-book a plot within side the society’s Overseas Block. Considering that the venture gives numerous functions and facilities, making an investment in Capital Smart City may be a rewarding selection for many. Here’s a top-level view of the activities scheduled for the Global Launches within side the UK, all of that is going to be held between eleven am to 7 pm at the dates noted below:
- CAPITAL SMART CITY—GLOBAL LAUNCHING EVENT AT MANCHESTER—20TH OCT
The first of those international activities become hung on the twentieth of October in Manchester, on the Crowne Plaza, Manchester City Centre. The occasion becomes a massive success, and the venture garnered an amazing reaction from Mancunians.
- CAPITAL SMART CITY—GLOBAL LAUNCHING EVENT AT GLASGOW—27TH OCT
Held on the Hilton Hotel in Glasgow, which is a metropolis in Scotland, the second international release added Scottish human beings to the CSC venture on the twenty-seventh of October 2019.
- CAPITAL SMART CITY—GLOBAL LAUNCHING EVENT AT LONDON—3RD NOV
After a grand Scottish welcome, the release occasion moved south into the UK, heading to the capital metropolis of London. This occasion becomes held at Capital Smart City’s worldwide workplace interior Stratosphere Tower, Stratford, on the third of November. The occasion becomes every other booming success.
- CAPITAL SMART CITY—GLOBAL LAUNCHING EVENT AT BIRMINGHAM—10TH NOV
The release excursion now hopes to attain crowds and fascinated buyers in Birmingham. The builders will make their manner to Central Square on Holliday Street in Birmingham on the nineteenth of November.
- CAPITAL SMART CITY—GLOBAL LAUNCHING EVENT AT LONDON—17TH NOV
Heading again to the capital at the seventeenth of November, the very last international release introduced thus far might be held on the Copthorne Hotel, Slough-Windsor.
THE OFFICIAL LAUNCH CEREMONY IN ISLAMABAD
Capital Smart City become officially released in October 2019
Official Launch of Capital Smart City in Islamabad
Held on sixth October 2019, the reputable release of Capital Smart City become much-awaited. People from all walks of existence had been a gift on the occasion taking area on the Serena Hotel, wherein the Chief Operating Officer (COO) of Future Development Holdings (Pvt) Ltd. (FDHL), Mr. Muhammad Aslam Malik addressed the attendees, putting forward CSC to be the country’s first clever metropolis with a committed and authorized interchange that related the venture to the M-2 (Islamabad-Lahore) Motorway.
The venture is being evolved in collaboration with Habib Rafiq (Pvt) Ltd. (HRL) and Surbana Jurong (SJ) Singapore and might be the world’s twenty-third clever metropolis. DHL Director, Mr. Jahanzaib Zahid, additionally addressed the esteemed visitors accumulated on the occasion, declaring that the venture plan becomes precise and becomes attracting the eye of each non-public event in addition to authorities officials. The information confirming the allocation of plot numbers to report holders got here from Mr. Mujeeb Ahmed Khan, Deputy General Manager (DGM) Sales & Marketing for DHL.
LAUNCH OF THE SMART VILLAS
Capital Smart City enjoys a high vicinity at the M2 Motorway close to Islamabad
Smart is the Way to Live Today with CSC! [Credits: Official Website of Capital Smart City]
Earlier this 12 months, Capital Smart City additionally released its ready-to-pass villas named ‘The Smart Villas’. The Smart Villas are being evolved with the purpose to redefine present-day residing even as being placed only a few mins far from Islamabad International Airport. The villas are placed in each of the Overseas and Executive Blocks, being balloted in November, with 3 sorts of creation being presented—Contemporary, Modern, and Georgian.
FEATURES OF THE SMART VILLAS
According to the cutting-edge updates on Capital Smart City, Islamabad, the villas are futuristic, with quite a several absolutely practical clever functions. Here are a few clever functions that accompany each villa:
CCTV Indoor and Outdoor Cameras for the front and rear view of the assets in addition to perspectives of all of the residing regions in the house. Monitored feed might be with no trouble to be had at the owner’s telecellsmartphone, even if they’re journeying midway throughout the globe.
Remote Access to manipulate all of the home’s home equipment on the contact of a button out of your tablet/telecellsmartphone/laptop.
Motion Sensor Alerts through e-mail and SMS to cause warnings and alert the government to approximately suspected intruders. Automated Door Locking Systems through an app to your telecellsmartphone so you can remotely open the door for visitors, in addition to having the ease of locking the door in the back of you with only a tap. Gas Detection Sensors in all of the kitchens, so that a fuel line leak is detected as quickly as viable to keep away from lack of existence and assets.
A Magic Box to help you contain all sorts of faraway controls right into an unmarried unit for ease of usage Smart Switches for each mild fixture and each piece of equipment so you can flip them on or off together along with your telecellsmartphone. Humidity & Temperature Sensors with real-time detection that connects your telecellsmartphone in your air-con unit to alter the temperature according to your comfort. Smart Windows and Doors can be equipped with sensors and alarms to provide you with a warning approximately any tries being made to interrupt the assets.
The Smart Villas are to be had on the market in quite a number of sizes. All 3 sorts of creation are to be had in five marlas, 7 marlas, 10 marlas, 12 marlas, 1 Kanal, and a pair of Kanal sizes. The villas comprise three to 7 bedrooms, relying on your preferred length and floorplan, with handy three-12 months installment plans with 12 quarterly bills, apart from the reserving and affirmation charges. Road and park-going through villas, in addition to nook villas, might be charged greater primarily based totally on their prestigious vicinity advantages. You can examine extra approximately The Smart Villas of their reputable brochure online. There also are masses of plots on the market in Capital Smart City in case you need to construct your home.