CAPITAL SMART CITY
Capital Smart City Overview
Owner & Developers of CSCICapital Smart City Islamabad is a joint collaboration between Future Holdings Developments and Habib Rafiq(Pvt). Habib Rafiq(Pvt) is a well-known name in the real estate industry in Pakistan, they are developers of Bahria and DHA in Islamabad. They have also successfully executed their own housing societies in Sargodha, Multan, and Sahiwal by the name of Royal Orchard Multan, Royal Orchard Sarghodha, and Royal Orchard Sahiwal respectively.
Future Developments Holdings (Pvt.) LimitedFDHL is one of the top Pakistani real estate developers and asset management company, that assists in developing futuristic smart cities to not only provide a luxurious up-scale living but also profitable contributions to its clients. FDHL is a group association registered under Companies Ordinance 1984. Multiple National and international business entities have come together to form this organization. FDHL is a combination of China Liaoning International Economic and Technical Cooperation Group Corporation Ltd (CLIC) and Engineering Dimensions (Pvt.) Limited (EDL) – Two of the leading companies with expertise in leadership and technical skills. FDHL is devoted to providing advanced modern living experience in its residential and industrial zones. These zones are all linked via the vital Lahore-Islamabad Motorway (M-2) and areas around the CPEC Route, with designated interchanges for direct access.
About Habib Rafiq Pvt. LTDHabib Rafiq Pvt. Ltd is a construction and development group based in Pakistan which has been responsible for some of the most prestigious construction and engineering projects over the past five decades. Its achievements have been the direct result of pure dedication and obligation to their customer demands and needs in Pakistan as well as abroad. It also earned ISO 9000 certification due to its quality management process. HRL has been the pioneer in revolutionizing the face of housing infrastructure and development in the last 15 years and is now considered in the most respectable and well-known names in the market. Future Developments Holdings (Pvt.) Limited The mere name Habib Rafiq is considered equivalent to honesty, trust, quality, and professionalism, any real estate development group associated with HRL consider themselves extremely privileged and lucky. Over the years HRL group has been responsible for developing esteemed housing schemes such as Bahria Town and DHA in Pakistan with complete work including the responsibility of all the infrastructure of these societies i.e. construction of houses, roads, electrical work, mechanical work, water storage, gas pipelines and also the planning services.
Master plan of Capital Smart CityThe Master plan of the society was given to a Singapore-based consultancy firm named Surbana Jurong (SJ), It is designed by Norman Foster.
About Surbana Jurong (SJ)Surbana Jurong (SJ) is a reputed consultancy firm, headquartered in Singapore. SJ is currently one of the largest Asia-based urban, engineering and infrastructure consulting firms, comprising a global team of over 16,000 employees across more than 120 offices including architects, designers, planners, engineers, and other specialists. The company believes in shaping cities into homes with sustainable employment opportunities, where communities and businesses can flourish. A cohesive planning methodology was implemented in creating the master plan of Capital Smart City. The plan includes an exclusive range of facilities to accommodate new commercial, residential and entertainment aspects in the society.
Facilities in Capital Smart City:
The capital smart city is striving to promote and develop strategic growth in the area along with attracting future investments. The concept for Smart City is to achieve a smart radial growth pattern keeping in consideration the major facilities and services incorporated to maximize efficiency in the lives of its residents.
The major key factors introduced in the society are listed as follows along with their features stated by the Capital Smart City.
Capital Smart City Blocks
The capital smart city announced its overseas block in the society at London Dorchester on 20th February 2018. It is the first society to have introduced a specially designed overseas block in any housing society for the first time in Pakistan, exclusively reserved for overseas Pakistani residing abroad.
With this initiative, Capital Smart City has aimed to offer a secure and valuable investment opportunity for overseas Pakistanis to invest in Pakistan. Due to the supreme location & facilities, Overseas Block has immediately become the heart of Capital Smart City.
Very soon this block will become the desired future destination of Pakistanis living abroad. To book a residential or commercial plot in the Overseas block of Capital Smart City one has to attach a copy of their or Overseas National Identity card along with all the other relevant documents.
Capital Smart city launched “Executive Block” in the society on the 2nd of May 2019 at the launch ceremony of the society. The company also gave a short briefing about the salient features of this new block and presented an opportunity for the clients of the general block to shift their plots into the executive block for a limited time.
The officials offered the conversion of these plots for only a short while, 24th May 2019 was the last date of submission of the application after which 30% additional amount is to be paid the society for conversion or booking a new plot in this block. The price of plots in Executive block is 30% higher than the General Block and for people who wish to convert their plot after the deadline, they will now have to pay an additional price as well as a fixed fee.
Initially, the society started its booking with the general block of the society which further got expanded into different blocks. The society compromises of different sizes of residential and commercial plots in the society ranging from 5 Marla to 1 & 2 Kanal plots in different blocks.
Capital Smart City has joined hands with Trivelles International, leading property development and investment in the UK to launch Pakistan’s first-ever smart Villas in their housing project by the name of “Trivelles Lake Boulevard”. The modern development in these villas will feature the best smart, up-scale and revolutionary features to provide an ahead of its time living experience its occupants.
Many features contribute to making a housing project a success but the most important one is the reputation of the owner and developer. Habib Rafiq is one of the most trusted names in the Real Estate industry in Pakistan so naturally, the investors have full confidence in the project. The majority of plots in the society have already been sold out and are now resold with profit.
The development and the master plan both look extremely promising and will contribute to making Capital Smart City a very prestigious project. It will be a unique and complete package for all individuals of society. With all the upgraded features and facilities there is no doubt that Capital Smart City will be one of its kind and most successful housing schemes in the region.
With all the advantages and privileges this a society is offering there is no doubt that it is worth investing in from short to a long term investment plan for maximum return on investment.