Taj Residencia
Details
Lifestyle | Basic | Mid-Range |
---|---|
Type | Residential Plots | Commercial Plots |
Approving Authority | RDA |
Access | Chakra Road, GT Road, Srinagar Highway, M2 Motorway, Islamabad International Airport |
Access Level (to date) | Easy | Medium | Difficult |
Project Area | 10,000 Kanal |
Blocks | 12 |
Progress | 30% (Approx.) |
Developed By | Sardar Group of Companies (SGC) |
ROI | Immediate | Long-Term |
About
The expansion of Islamabad has led to the introduction of numerous new societies. Taj Residencia is one of those projects located next to I-14 of the CDA sector.
The society covers an estimated area of 10,000 Kanal in 12 sectors located near Quaid e Azam International Hospital. The location is although difficult to access yet it offers multiple residential and commercial options to residents of twin cities. The landmark Centaurus Mall, being their previous achievement has strengthened the credibility of their profile.
The development progress in this area is in a very early stage and as of today, it lacks basic necessities of life.
Obtaining the NOC from RDA is their lucky charm in cultivating the interest of the general public, making it a legal housing scheme for people.
The society is accessible from Rawalpindi and Islamabad as well. Golra Morr can be taken as a route while GT road from Rawalpindi also serves the purpose.
If we talk about the price plan, then a Residential plot of 5 Marla has ranged between PKR 60 to 75 lac and goes up to PKR 3 crore 50 lac for 2 Kanal Residential Plot. The plots can be purchased on Installment basis with distinct installments plan that can be found in later sections.
The Sardar Group of companies are the primary developers of this Residential scheme as their profile has achieved a remarkable status over the time owing to their previous constructions.
Amenities
- Botanical Garden
- Commercial Hubs
- Educational Institutes
- gas and Water
- Grand Mosque
- Health Care Facilities
- Mini Golf Field
- Parks
- Playground
- Safari Park
- Sewerage Disposal System
- Shopping Malls
- Sports Facility
Property Types
Taj Residencia offers multiple plot sizes in Commercial as well as residential blocks.
Residential:
• 5 Marla
• 7 Marla
• 10 Marla
• 14 Marla
• 1 Kanal
• 1.5 Kanal
• 2 Kanal
Blue Bell Residential Block:
• 3.5 Marla
• 5 Marla
• 8 Marla
Commercial Block:
• 5 Marla
Plots
Blue Bell Block
Commercial Block
Vicinity
- I-14
- Quaid e Azam International Hospital
- Islamabad International Hospital
- NUST Old Campus
- Pir Wadhai Morr
- Rawalpindi City
- CBR Phase-2
- Riphah University
- Haji Camp
Price Range
The Sardar Group of Companies are the developers are primary stakeholders of Taj Residencia. The SGC started their journey from Iraq that reached Islamabad in shape of Centaurus Mall and now presenting their own society named Taj Residencia.
The price of a 10 Marla plot in 2019 was approx. PKR 55 lac which now stands at PKR 115 lac. This figure alone is enough to explain the drastic increase in price range.
The investors have also predicted that this trend will continue to grow as the owners of society have proven their state of the art development strategies that is now resulting in heavy influx of investment in Taj Residencia.
The plots are also being sold on profit basis that varies from block to block on the basis of development progress.
The newly launched 3.5 Marla on easy installments plan is a hot cake where people are investing without any second thought furthering the hype of whole society in twin cities.
Rumors and Controversies
Since the society started its journey in 2017 and acquired NOC in 2019 due to which the society is far behind its other counterparts in terms of development picture.
Additionally, average ambiance and broken road patches from Golra Morr is also not a good omen for a society like this.
Furthermore, as the society is in its early stages of development with skyrocketed base prices, a common man is reluctant to invest such a heavy amount that has instilled a domino effect in the market.
There are other options like CBR Town, Blue World City, Rudn Enclave in its vicinity with similar features due to which it faced backlash in attracting the consumers and investors.
ProProperty has listed all the facts, figures and credibility of owners, it now relies upon the end user to make a good research with rational thinking to squeeze a good value for their money before locking the deal.