Faisal Residencia
Details
Lifestyle | Luxury |
---|---|
Type | Residential Plots | Commercial Plots | Apartments |
Approving Authority | RDA (view NOC) |
Access | Fateh Jhang Road | Sri Nagar Highway |
Access Level | Medium |
Project Area | 4735.9 Kanal Approved by RDA |
Progress | 90% (Approx.) |
Owners & Developers | Chaudhry Abdul Majeed | Zedem International (PVT) ltd |
ROI | Long-Term |
About
Faisal Residencia is an on-going residential project by Zendem International PVT ltd and is located in CDA sector E-17 on main Fateh Jhang road N-80 adjoining MPCHS Tele Gardens Housing Scheme. The project is being developed by the same developers as Faisal Town.
The location provides easy access to society from multiple routes of Rawalpindi and Islamabad. Moreover, a few alternative routes also lead to Faisal Residencia Islamabad like the Fateh Jang Road and G.T Road.
The society is positioned at a 14 minutes’ drive from Tarnol, 28 minutes’ drive from Islamabad International Airport, and 26 minutes’ drive from B-17 Multi Gardens.
Amenities
- Educational Institutes
- Gated Community
- Health Care Facilities
- Mosque
- Sewerage Disposal System
- Sports Facility
- Surveillance and Security
- Underground Electricity
Property Types
Property Types
Faisal Residencia has offered 5, 10, 8, 14 marla and 1 kanal residential and commercial plots with different sizes and covered areas which can be purchased on cash as well as on installments.
Plots
Vicinity
- Shalimar Town (N)
- Faisal Residencia (NW)
- Sri Nagar Highway (S)
Owners & Developers
Faisal Town Islamabad is a project of Zedem International Private Limited, which is owned by Chaudhry Abdul Majeed who is the former chairman of MPCHS. Abdul Majeed is a respected name in the local real estate Islamabad. and is recognized for his well-executed housing projects such as E-11, F-17, and B-17.
Zedem International is an established brand in real estate in Pakistan. It has many ongoing projects in different cities of Pakistan, top of the line projects successfully developed by this group include Faisal Hills, Faisal Residencia, Faisal Margalla City & Sea Square.
More Projects by these Developers
Zedem International is well recognized for his well-executed housing projects and has many on-going projects such as:
- E-11, (Islamabad)
- F-17 (Islamabad)
- B-17 (Islamabad)
- Faisal Hills (Taxila)
- Faisal Town, (Islamabad)
- Faisal Margalla City & Sea Square, (Islamabad)
Master Plan
Faisal Residencia housing society is stretched over E-17/1 and E-17/4 of the CDA Sector E-17 Islamabad. The society offers plots with different sizes and prices which totally depend upon where it is positioned. The society also offers residential apartments with different sizes as per the buyer’s preferences.
The society has a total number of 3248 residential plots and 89 commercial plots; rest of the land is reserved for apartment buildings, parks, hospitals and other landmarks.
Controversies
Faisal Residencia was started almost 5 years ago and is said to be a flop project by Chaudhary Majeed’s Zedem International (PVT) ltd as no such development has been done and it is said being said that the land has not been fully purchased.
Though the project is located at a prime location but the development has been stalled and no one is ready to invest in Faisal Residencia.
The project is from the same developers who have developed Faisal Hills and Faisal town. Also, the Capital Development Authority has not yet issued NOCs.
However, In an interview the owner of Faisal Residencia Mr Chaudhary Majeed has given hopes to revive the project and will never let the investors lose their money.