When it comes to purchasing a property in Pakistan, both overseas and local buyers normally prefer investing in housing societies by prominent developers. It ensures their investment remains safe and gives them more profit in the future. Those who are looking for short-term investments usually purchase properties in well-developed projects. Conversly, those with long-term investment plans mostly purchase properties in developing communities.
Since finding the ideal housing society is just as important as finding a perfect plot or a house, we will mention a few of the striking features that people are attracted to when considering which housing society to invest in.
One of the characteristics people look for in a housing society is security and safety; that is the reason why gated communities have obtained immense popularity over the past years. In fact, the construction of such projects or schemes is one of the fastest-growing real estate trends in the country.
Gated communities in Pakistan are exclusive residential communities. They are usually surrounded by a fence or a boundary wall, with trained security men guarding each point of entry and exit. Along with providing the citizens with around-the-clock security, such housing societies also restrict the number of outside visitors. They do so by only allowing approved guests to enter the premises. These restrictions help protect the residents against petty criminals and thieves. Also, they play a significant role in decreasing the traffic on the roads of society while fostering a sense of community living. Moreover, living in a gated community gives residents a sense of privacy and peace. plus, it offers a safer environment for children.
Planning of the Housing Societies
Planning, infrastructure, and attention to detail are also among the top features of good housing societies in Pakistan. Features of an attractive community include modern latest architecture, wide and well-paved roads. Pedestrian crossings, underground electric cables, proper sewerage, and sanitation system, parks, and graveyards are also important. Besides, parking spaces footpaths and pavements, also considered.
This is one of the main reasons why DHA Islamabad, Bahria Town, and Gulberg are the top real estate projects for housing in Pakistan.
Economical Payment Plans
Economical prices and quite easy installment plans are two of the best characteristics of a good housing society. Residential schemes with state-of-the-art infrastructure and a host of other amenities boast higher property rates. Though, to boost customers from different economic backgrounds, housing societies offer a variety of housing options as well as installment plans. In other words, installment plans are a catalyst in the real estate industry. They provide the clients with an option to pay for their property over a specific period of time in a series of small payments instead of making huge payments.
The approval of concerned development and planning authoritiesis also one of the most significant characteristics of good housing societies. If a residential project has been approved by a local development authority, it is most likely free of property scams and frauds. This makes it a safe investment. You can easily check the status of a housing society by visiting the website of the planning and development authority to verify their NOC.
Facilities of Housing Societies
Modern housing societies somehow provide a host of world-class facilities to their residents. Popular facilities by housing societies include CCTV surveillance, uninterrupted supply of electricity, community centers, sports facilities and playgrounds. Moreover, access to quality health care and reputable educational institutes, restaurants, and cafes, mosques, commercial zones is also important. Access to essential utilities such as gas and water connections is also a must. Typically, housing societies boasting such facilities are comparatively expensive though. But they are also the main reason why real estate investors flock to get property in such residential schemes.