Category

ICHS Town

Introduction:

There are no. of high-profile housing societies launched in the capital city such as Eighteen Islamabad, Taj Residencia and Park view city to name a few, but none of these housing societies cater to the needs of individuals who have a limited budget or have a low incomes. In order to solve this crises ICHS Town Islamabad took the initiative and provided extremely affordable residences for the less privileged members of the society.

Islamabad Cooperative Housing Society (ICHS Town) is a low-income housing project by Islamabad Co-operative Housing Scheme. It is one of the housing schemes built-in proximity to Islamabad and Rawalpindi. It entertains its residents with the necessities of comfortable living.

It is a semi-government housing project launched to provide quality and comfortable living for low and moderate-income households. Located close by Islamabad, the housing project presents exquisite views of glorious Margalla Hills.

Official Launch:

Multi Gardens was launched in 2004, but the society goes way back with the launch of its first housing project in E-11/3 named Islamabad Gardens in 1989 and E-11/1 in 2001. ICHS Town was also launched around the same time frame with this project.

Approval of layout plans for the society is per specified rules and regulations of the Capital Development Authority (CDA).

Islamabad Cooperative Housing Society Location:

The housing project lies near Fateh Jang Road which is approximately about 42 km from zero point Islamabad. It is one of the societies which has close access to new Islamabad airport.

Society is at an advantage with its location as it is situated close to CPEC route only at a distance of 3 km and only 4 km from New Islamabad International Airport.

We are stating below the distance of the society from the cities surrounding it:

  • Fateh Jang 20 Km
  • Islamabad zero point 42 Km
  • Motorway 15 Km
  • Rawalpindi 37 Km
  • Murree 77 Km
  • Gandhara 42 Km
  • Abbottabad 112 Km

It is only at only a few minutes from Capital Smart City, one of the most prominent landmark societies in the region. University Town, Mumtaz City, and Top City are also situated relatively close to it.

Total Area:

The total land area acclaimed by the housing project is about 5500 Kanal. The society claims to cater to the needs of approximately 35 to 40 thousands of the locals for residence.

Master Plan:

Master plan of this society has been designed by the Zoom developers. We are attaching the master plan of this esteemed project for your ease down below:

ICHS-TOWN-MASTER-PLAN

ICHS Town Map:

Following is the location map of ICHS Town:

As you can see from the map, you can easily reach this spectacular housing society via Ternot and Qatbal Village located on the main Fateh Jang, Attock Road. To avoid any confusion you can also easily find Islamabad Cooperative Housing Society Google map location by searching it on your mobile phones.

The society is situated at one of the best locations right at the intersection of 3 main cities of Pakistan, Fateh Jang, Rawalpindi, and Islamabad.

Access Points:

ICHS Town has entry point via Dhamyal road near Kashmir Highway and Attock Road via Ternot and Qatbal village.

NOC and Permission:

The project is approved from Town Municipal Administration (Pakistan) and is a reliable and absolutely safe to invest in.

Following NOCs have been obtained by ICHS from concerned departments

The society is registered with the ICT administration cooperative societies department under registration number 313. The rest of the details are mentioned as under:

  • Cooperative Societies:

Registration No. 313, Co-operative Societies Department, ICT, Islamabad.

  • Tehsil Municipal Administration (TMA)

NOC No. 567/SL/N-I/TP/TMAF from Tehsil Municipal Administration (TMA), Fateh Jang.

  • Ministry of Defence

NOC No.6/53/Misc/D-28/2008 from Ministry of Defence, Government of Pakistan.

  • Civil Aviation Authority (CAA)

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

  • Environmental Protection Department:

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

Features:

ICHS does not claim to be very fancy but it covers all the basic facilities which are a necessity for comfortable living. ICHS Town offers the following basic amenities to its residents:

  • Underground Electricity
  • Water
  • Gas
  • State of Art Sewerage System
  • 162 ft. wide main boulevard
  • Paved streets
  • Street lights
  • Jogging tracks
  • Mini Golf club
  • Community club
  • Gated community
  • Wide network of roads
  • Mosques, Hospitals & Schools
  • Parks and Shopping centers





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Project Details:

Initially the society divided its area into 6 residential blocks only offering 1 Kanal residential plots, However different sizes were available for commercial plots in the markaz of the society, later the officials of this housing venture felt the need to revise its master plan and add more blocks to the residential area that now offers various plot sizes to fulfill the demand.

New Blocks launched in Quaid Block. Plots of 5, 7, 10 Marla and 1 Kanal plots are available on an easy 2.5-year installment plan.

ICHS Islamabad Payment Plan:

At the beginning of the launch the registration process was made very easy for the potential clients, the registration booking forms were made available from 1st October 2015 at the selected branches of Silk bank Branches located in all the main cities of Pakistan. The payment was to be paid in installments.

Currently, the plots available in old blocks have been sold out and are now available on resale with profit. The society has launched an easy installment plan offered for the newest extension block of the community.

Following is the latest payment plan of residential plots:

ICHS-ISLAMABAD-PAYMENT-PLAN

Terms and Conditions:

  • All the corner plots and the plots on Main Boulevard shall carry an additional premium of 10% the average cost of the scheme.
  • The allotment of residential plots is solely for residential purpose only, non-compliance this term shall result in cancellation of the allotment

Furthermore, the housing society offers special discounted rates for  Government and Semi-Government employees, Overseas Pakistanis, Retired Pakistani Officers, Disables, Widows, and Orphans.

This exclusive discount distinguishes this housing society from the rest of housing societies in the same area, such as Blue World City and Qurtaba City .These societies, although aimed for people on a low budget with a fixed income, do not offer any special discounts.

DEVELOPMENT:

The development in phase 1 has almost been completed with 50% work done sewerage lines, roads networks and electricity lines have been installed. However the development work in phase 1 is very slow paced, it will took at least 2 to 3 years just to complete the earth work.

For the last couple of years, the pace of development in ICHS was rather slow, but the management of the society has picked up the pace significantly after the launch of new International Islamabad Airport. The increased economic activity in the region due to the CPEC Route falling close by to this society has open doors to many prospects and have been successful in attracting a lot of developers and investors to investing in this housing venture.

The increased prices in society are the result of the recent development in the region. Connections of water, gas, underground electricity, and telephone lines are installed in the community. The work on carpeted roads is completed that connect all parts of the society along with state of the art 160 ft.wide Main Boulevard. The construction work on the main entrance gate and the boundary wall surrounding the housing project is also completed.

The solar lights have been installed on the Main Boulevard to make the housing society more eco-friendly and convenient. Back-up generators are also available to deal with any power outs

Water and sewerage disposal system is also laid out throughout the area. All the development, as mentioned earlier, combined with the facilities the project is offering, and the modern infrastructure adds the value in property for its residents in affordable rates.

Read about more low Income Housing societies in the same region in our blog.

Possession:

The society has proposed to grant the possession of the plots in 1st phase in 6 to 10 month time, however it will take a longer time for the extension block as it is relatively a new block and the development work and other formalities will take time. The management of the housing society is asking for 2 to 3 years before handing out possession in these blocks.

INVESTMENT PERSPECTIVE:

Real estate investment is one of the most favorable and reliable methods to generate your income and increase your wealth. All the successful people around the world indulge in real estate as it is one of the safest and risk free industries. You can yield higher profits in limited time without any significant effort put into it. ICHS Town offers the same opportunity in terms of value and bright investment perspectives.

It is a well-planned and scenic housing society that has been expanding swiftly due to increased socio-economical dynamics of the region. It certainly provides for an excellent investment opportunity not just in residential but also in commercial blocks of the society. The reliable infrastructure, beautifully engineered roads, modern architecture, and up-to-date facilities add to the value and worth of investment.

It is incredibly favorable to hold the property for at least a year after the investment to yield high profits from this project. In the meantime, you will also be granted possession will further enhance your revenue. The most beneficial scenario is to be able to maintain the property for a longer-term, let us say 4-5 years to gain 100% profit on your initial investment.

There is no saying what the future holds, but for this housing society, the possibilities are endless.

WHY SHOULD YOU INVEST IN ICHS TOWN ISLAMABAD?

The latest trend of settling into housing societies in Pakistan has become essential and appealing due to the different and luxurious facilities offered by the management of these housing societies. ICHS Town provides equal opportunities for individuals belonging from all norms of society to be able to afford an upgraded life. Let us discuss a few factors contributing to the success of this society and to give you the motivation to invest in this project.

1-Supreme Location:

There is only one factor that decides the worth of any property, and that is Location, the One of a kind location at crossroads to 3 major cities, Islamabad, Rawalpindi, and Fateh Jang is one of the key selling points of this housing society. The exquisite views of the society are also not to be missed; the society presents with beautiful sceneries of Margalla hills of the capital city that captivates the interest of its viewers.

Furthermore, it’s only at a few minutes from the CPEC route, motorway, and the new International Islamabad airport. Combination of all these factors adds to the value of not just this project but also the areas surrounding it. ICHS is a goldmine for investors looking for a medium to long term investment along with people who are interested in building homes for their families.

2- Affordable Rates

The affordable prices offered by this housing venture contribute significantly to increased activity. The investors who recognized the true potential of this project invested in society early-on are enjoying the profit and increased value of their property. Housing societies with similar views and amenities in the CDA sectors such as B-17 Multi- Gardens in the Capital City offer much higher rates and less commercial opportunities. So investing in this project is not just convenient but also very fruitful.

3- Easy Installment plans and Limited Supply

Another excellent reason for investing your savings in this low-income housing society is that it offers a variety of standard sizes of plots and easy installment plan. The plots are available from 5 Marla to bigger sizes 1 Kanal in residential and commercial blocks of the society so you can invest whichever format suits you. The secure payments in installments make it very feasible for everyone to be able to invest in this housing venture for a better future. The plots are mostly available on a first-come, first-serve basis, so it’s the best you don’t waste any time and get your plot before all prime locations are sold out.

4- Modern Amenities

Although this housing project does not offer ultra-modern facilities in its midst as provided by the high-profile societies in Pakistan e.g. Park View Cityor Bahria Town but covers all the basic necessities required to live a comfortable life including water, gas, electricity, shopping centers, cinema, parks, school, hospital, and mosques making it an ideal place to live in and that too without burning a hole in your pocket.

5- Bright Future Prospects- CPEC Route

There is no doubt that there are infinite possibilities and prospects for this housing project due to its proximity to CPEC Route. Investing in this project is always a good idea even if you don’t intend on using it for residential purpose; the commercial prospects of this housing venture are extraordinary. The area will be established into a large business hub in years to come, and the attainment of any property in the region will become very difficult, so we urge to you to invest in the society and enjoy the fruitful results of your investment for the rest of your life.

6- Improved Quality of Life

The housing society presents with a promising opportunity to experience a comfortable and peaceful life for its residents. Not only it is blessed with natural beauty and equipped with modern amenities but is also situated away from the noise and pollution of the main cities. However, this does not mean it is located so far away that you can’t travel to and from the society to the port conveniently, the travel time from all the neighboring cities is only a matter of minutes. The housing venture is a once in a lifetime opportunity to improve your quality of life on a budget.

7- Natural and Peaceful Environment

The housing society is blessed with a natural environment free of pollution and noise. The beautiful views of Margalla hills all around provide for an excellent and fascinating residential opportunity for people who enjoy a peaceful and quiet environment without the worries and stress of everyday life.

8-Special Discounts

This housing project aims to provide equal residential and commercial opportunities for all norms of society. To achieve this initiative, the housing ventures offers commendable discounts to Government and Semi-Government employees, Overseas Pakistanis, Retired Pakistani Officers, Disables, Widows, and Orphans so that they can easily afford the plots and ae able to enjoy a quality life.

Pros:Cons:
Affordable pricesInfrastructure is not as luxurious as compared to high-end neighboring societies
Easy Installment planStandard plot sizes
Located near Islamabad Airport
Proximity to CPEC route
Exquisite sceneries and developing neighboring infrastructure
Basic facilities available
Gated community
Excellent opportunity for long term investment
Easy Tradable Plot sizes
Family friendly neighborhood
Only a few mins drive from Islamabad & Rawalpindi

 

CONCLUSION

Even though the investment in ICHS town will have to be long termed but the experts have analyzed that the margin for returns will be high depending on the investment made. It is a great opportunity not only for the investors but also the people for low incomes to invest their savings for a permanent house and their future.

Grab This Auspicious Opportunity To Execute Your Dreams Into Reality.

FAQs ICHS TOWN

Q-What is the location of ICHS Town?

Answer- The housing project lies near the Fateh Jang Road, which is approximately about 42 km from zero point Islamabad. It is located at only 4 km distance of the new International Islamabad airport and only 3km away from the CPEC route.

Q-What is the total area?

Answer- The total area of the society is spanned on about 5500 Kanal of land. However, with the extension and more blocks added to this society, it will soon comprise of the total area of 9000 Kanal.

Q-Who is the owner?

Answer- ICHS Town is a business venture of Islamabad Co-operative Housing Scheme and is managed by 22 grade Government officers

Q-If it is approved by TMA why is called ICHS Town Islamabad?

Answer-It is situated relatively close to Islamabad city and is managed by the Islamabad Cooperative Housing Societies and thus is commonly known as ICHS Town Islamabad or Islamabad Cooperative Housing Society.

Q-Does society have water, electricity, and gas connections?

Answer-Yes, the society has provided with all the major amenities and facilities to its esteemed occupants including water, electricity, and gas.

Q-What landmarks are situated nearby this society?

Answer- CPEC Route, Islamabad International Airport, and Motorway are all situated at 5 minutes’ drive from society. For complete details kindly check under the heading “location” in the above article.

Q-What is the residential plot sizes in society?

Answer-There are 5 Marla, 10 Marla, and 1 Kanal plots offered in the residential blocks of the society.

Q-Are there any commercial plots?

Answer- Yes, there are commercial plots available in society on an easy installment plan. For further details, check under the heading “Payment plan” in the above article.

Q-What will be the return on investment?

Answer- This venture offers a golden opportunity to medium to long term investment. It is advisable to book your plot in society now and put it on hold for a few years to gain the maximum profit from your investment.

Q-Is this society good for long term investment?

Answer- The housing society is the most suitable and beneficial for long term investment. If you have a low income and limited budget, this is the best opportunity for you to afford and pay off the total price in installment and in a few years benefit significantly from it.

Q-Is there any installment plan?

Answer-Yes society is offering a very feasible payment plot for their clients. The complete payment plan proposed by the management of this housing project is attached above in the article.

Q-Are there any special offers for government employees?

Answer- The housing society is unique and offers discounted rates to Government and Semi-Government employees, Overseas Pakistanis, Retired Pakistani Officers, Disables, Widows, and Orphans.

For further information and queries about this project, kindly don’t hesitate to contact us. You can also give us your suggestions and opinions in the comments below

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