Best Areas to Invest in Property in Rawalpindi

Adjacent to Pakistan’s Federal capital – Islamabad, is located the ‘Jewel of Potohar’ – Rawalpindi. Jointly both are known as the ‘twin cities’ due to strong social and economic linkage between the cities.

Today, the city stands to offer modern infrastructure, state-of-the-art facilities, numerous good eateries, well-developed road networks, shopping centres, two famous market hubs including Saddar and Raja Bazar in the old city, etc.

Among many tourist attractions, Rawalpindi attracts a large number of visitors every day to crowded alleys of the old city like Purana Qila, Bhabra Bazaar, Lal Kurti, Banni, and Hindu and Sikh temples.

Among many public parks, the most prominent one is Ayub National Park, spreading on 2,300 acres, with a lake and boating facility, an aquarium, a garden restaurant, and a Play Land.

In addition, the Rawalpindi cricket stadium has witnessed some nerve-wracking one-day and test matches played between some of the world’s top cricket teams.

The Islamabad International Airport (IIA) is located at a 50 mins drive away from the GT Road, one of South Asia’s oldest and largest road, connecting major vicinities in the city.

The amenities mentioned above make Rawalpindi one of the top cities to live in. If you’re looking to live in Rawalpindi, Graana.com brings you a list of top-performing areas in the city for you to invest in.

  1. Satellite Town

Functioning under the jurisdiction of the Rawalpindi Development Authority (RDA), Satellite Town is one of the most prominent areas in the city, known as one of the commercial hubs of the city.

The bustling area is connected to both the federal capital and other major arteries of Rawalpindi through Murree Road, which is a bustling route for daily commuters.

In terms of access, Satellite Town is 8.6kms away from Zero Point, Islamabad, and 30.9kms away from the New International Airport, Islamabad.

The well-lit area offers numerous renowned educational institutions, including schools, colleges, and universities like Saint Paul Education System, Beaconhouse School System, Swedish Group of Technical Institute (Technical Schools) and Swedish Institute of Technology, Arid University, etc.

In addition, the vicinity has many notable healthcare facilities, eateries ranging from fast food to desi, commercial markets, banks, mosques, etc.

Identified as one of the hottest selling areas, Satellite Town offers a variety of plots, both commercial and residential, apartments, and houses for sale.

  • If you are interested in buying a plot, the price of a 5 Marla plot ranges between Rs7.5 Million – Rs12.5 Million.
  • Similarly, 10 Marla cost around Rs15 Million – Rs20Million.
  • 1 Kanal plots in the vicinity range between Rs30 Million – Rs40 Million.

The locality also offers the option of constructed houses.

  • The cost of a 5 Marla house ranges between Rs18 Million – Rs25 Million.
  • The 10 Marla houses in the area range between Rs30 Million – Rs45 Million.
  • Similarly, the cost of houses measuring up to 1 Kanal range between Rs50 Million – Rs65 Million.

The area also offers apartment options for people to invest in.

  • The cost of a 1 bedroom apartment ranges between Rs5 Million Rs6 Million.
  • The cost of a 2 bedroom apartment ranges between Rs10 Million – Rs12 Million.
  • The cost of a 3 bedroom apartment ranges between Rs15 Million – Rs18 Million.

Lastly, the cost of 4 Marla commercial plots is between Rs40 Million – Rs60 Million.

It is important to note that these prices may vary, depending on the location and size of the plot.

  1. Peshawar Road

Also placed under the authority of RDA, Peshawar Road is another one of the most popular vicinity of Rawalpindi.

Many housing societies, notable educational institutions, hospitals, mosques, eateries and banks are among the top features of the area.

Peshawar Road is under the jurisdiction of RDA located in Rawalpindi. Peshawar Road has more than 6 schools and colleges with the notable ones being The Educators and

The road extends to connect major arteries of the city to Golrah Mor, GT Road, National Highway and the Islamabad International Airport, making it very easily accessible for the commuters.

Another one of the hottest selling areas in Rawalpindi, Peshawar Road offers many exciting options, including residential and commercial plots, houses, and apartments.

  • If you are interested in buying a plot, the price of a 5 Marla plot ranges between Rs5 Million – Rs10 Million.
  • Similarly, 10 Marla cost around Rs8 Million – Rs20 Million.
  • 1 Kanal plots in the vicinity range between Rs15 Million – Rs40 Million.

The locality also offers the option of constructed houses.

  • The cost of a 5 Marla house ranges between Rs9 Million – Rs15 Million.
  • The 10 Marla houses in the area range between Rs20 Million – Rs35 Million.
  • Similarly, the cost of houses measuring up to 1 Kanal range between Rs35 Million – Rs120 Million.

In addition, there are numerous apartment options for people to invest in.

  • The cost of a 1 bedroom apartment ranges between Rs4 Million – Rs6 Million.
  • The cost of a 2 bedroom apartment ranges between Rs10 Million – Rs12 Million.
  • The cost of a 3 bedroom apartment ranges between Rs15 Million – Rs18 Million.

Lastly, the cost of 4 Marla commercial plots is between Rs12 Million – Rs20 Million.

It is important to note that these prices may vary, depending on the location and size of the plot.

  1. Adyala Road

The vicinity of Adyala Road has been quite a popular choice of the investors due to housing options at economical rates, located at a very prime location in Rawalpindi.

The vicinity is an amalgam of well-developed infrastructure, including a well-connected road network, renowned educational institutions, hospitals, banks, etc.

There are about 20 housing societies in the area, offering both, residential and commercial plots, apartments, and constructed houses.

  • The price of a 5 Marla plot costs about between Rs1 Million – Rs1.8 Million.
  • The 10 Marla plots cost around Rs3 Million – Rs4.5 Million.
  • Similarly, 1 Kanal plot in the vicinity ranges between Rs6 Million – Rs12 Million.

The locality also offers the option of constructed houses.

  • The cost of a 5 Marla house ranges between Rs4.5 Million – Rs8 Million.
  • The 10 Marla houses in the area range between Rs7.5 Million – Rs13 Million.
  • Similarly, the cost of houses measuring up to 1 Kanal range between Rs14 Million – Rs20 Million.

In addition, there are numerous apartment options for people to invest in.

  • The cost of a 1 bedroom apartment ranges between Rs1.5 Million – Rs2 Million.
  • The cost of a 2 bedroom apartment ranges between Rs2.5 Million – Rs3.5 Million.
  • The cost of a 3 bedroom apartment ranges between Rs3 Million – Rs5 Million.

Lastly, the cost of 4 Marla commercial plots is between Rs8 Million – Rs15 Million.

It is important to note that these prices may vary, depending on the location and size of the plot.

Graana Wanted

Can’t find the right property that suits your requirements? Here’s all you need to do.

  • Visit: Graana Wanted
  • Submit Your Requirements
  • Let AIRA connect you with a real estate advisor
  • Shortlist properties for viewing
  • Schedule a House Visit or avail a Virtual Tour of the properties you’re interested in
  • Become a homeowner

This blog is originally published here.

Maham is a Content Writer.
She handles marketing communications at Graana.com.

 



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