ProPropertyISB/RWPCBR Town Phase-2

CBR Town Phase-2

Girja Road, Rawalpindi

Details

Lifestyle Basic
Type Residential Plots | Commercial Plots
Approving Authority RDA
Location Located near to I-18, Foreign Office Society and Taj Residencia
Access M-2 Motorway (Thalian Interchange) | Girja Road
Access Level (to date) Medium
Blocks A, B, C, D, E, G, H, I, J and Prime Block
Progress 25% (Approx.)
Developed by CBRECHS (Central Board of Revenue Cooperative Housing Society)
ROI Long-Term

About

CBR Town Phase-2 is an under-developed cooperative housing society located near I-18, Foreign Office Society, Taj Residencia, Nova City, Blue World city, etc.

The society CBR Town Phase-2 is in its early development stage which is further explained in later sections but being a reliable name owing to its previous reputation, it stands in line with other competitors in this region.

CBR Town Phase-2 is often named Islamabad which is not true as it falls under the jurisdictions of Rawalpindi, Punjab.

Having said this, CBR Town Phase-2 is still considered a remote society located on the outskirts of the Capital Territory and 35 Km from Zero Point.

CBR Town Phase-2 is accessed from Girja Road Rawalpindi and Thalian Interchange of Motorway M-2. The former and latter serve as a bottleneck to reaching the destination because of severe traffic jams and narrow roads.

The price of a possessionble 5 Marla plot in CBR Town Phase-2 is ranged between 30-35 lac and goes up to 60-70 lac for 1 Kanal plot.

Since CBR Town Phase-2 grabbed NOC from RDA in 2017, the prices are expected to expedite further in the future coupled with the development of Rawalpindi Ring Road, other alternate routes, and its proximity to Islamabad Airport, Islamabad City, and the Motorway Network.

As cooperative housing societies do not have any individual owner or developer, the president is the sole stakeholder, which is why the development speed is slow in CBR Town Phase-2, despite it started in 2014.

Sectors A to E in CBR Town Phase-2 are sufficiently developed with Carpeted Roads, Street lights, and Direction Board, and possession is given to owners but much of the other area is still barren and underdeveloped.

Amenities

  • Commercial Hubs
  • Community Centers
  • Federal Government Schools and Colleges
  • Indoor Game Courts
  • Modern Chain of Al-Razi Hospital
  • Parking
  • Parks
  • Playground
  • Sewerage Disposal System
  • Street Lights
  • Surveillance and Security
  • Underground Electricity

Property Types

In CBR town Phase-2, some blocks have shown development, such as A, B, C, D, and E.

Whereas, Block G, H, I, and J along with Prime Blocks are still underdeveloped.

CBR Town Phase-2 has various property types in all these blocks in a broad residential category.

• 5 Marla (25/45)
• 10 Marla (30/70)
• One Kanal (50/90)

Commercial plots in society are.

• 6 Marla (35/40)

A plot of 5 Marla can be purchased in CBR Town Phase-2 in an amount of 28-35 lac that goes up to 70-80 lac for Commercial spaces.

These price ranges may differ owing to the location, development, and proximity of different sectors.

Plots (Possessionble)
Size
Price
Size
5 Marla
Price
PKR 25 - 35 Lac
Size
10 Marla
Price
PKR 35 - 45 Lac
Size
1 Kanal
Price
PKR 60 - 75 Lac
Plots (Non-Possessionble)
Size
Price
Size
5 Marla
Price
PKR 12 - 20 Lac
Size
10 Marla
Price
PKR 20 - 25 Lac
Size
1 Kanal
Price
PKR 25 - 35 Lac
Plots (Possessionble)
Size
Price
Size
6 Marla
Price
PKR 60 - 70 Lac
Plots (Non-Possessionble)
Size
Price
Size
6 Marla
Price
PKR 35 - 45 Lac

Vicinity

  • Foreign Office Society
  • Taj Residencia
  • Nova City
  • Blue World city
  • M-2 Motorway
  • Girja Road
  • Adyala Jail
  • Islamabad International Airport

CBR Town Phase-2-Developers

CBR town or CBRECHS is a cooperative housing society managed by Central Board of Revenue’s employees that designates President through elections as Developer of the society.

Since, CBR has established its name over the years with its benchmark project of CBR Phase-1, the CBR-Phase 2 is also expected to yield similar credibility.

CBR Town Phase-2-Master Plan

Master plan of any society is the actual sketch of its anticipated development. CBR Town Phase – 2 has it approved from RDA and other relevant bodies.

ProProperty has arranged the complete layout plan for its viewers, which can be seen below.

CBR Town Phase-2-Access Points

  • M-2 Islamabad Lahore Motorway (15 Mins)
  • National Highway (30 Mins)
  • Srinagar Highway (22 Mins)
  • Rawalpindi Ring Roadhouse (25 Mins)
  • Islamabad Airport (15 Mins)
  • Nearby Landmarks:
  • M1-M2 Motorway
  • Islamabad International Airport
  • Rawalpindi Ring Road
  • Rawalpindi Cantt
  • Islamabad City
  • Nova City
  • Blue World City
  • Capital Smart City

CBR Town Phase-2-Price Trends

Investing in phase 2 of CBR Town is a lucrative approach if we make a comparative analysis with other societies in its reach.

A 5-year plot at its initial price was ranged between 5 to 6 lac that today stands between 25-35 lac.

This project is suitable for short-term investments as the society is getting fame and the real estate experts have forecasted a surge in its appreciation in upcoming years.

Furthermore, for people who have reservations regarding access to then this is not the right place to invest. This location is expected to give fruits in upcoming years as Thalian Interchange is considered as a gateway of New Islamabad.

ProProperty has listed all the facts, pros, and cons of CBR Phase-2, it now depends on end users to make a rational choice while keeping the local market trends in mind.