Capital Smart City Phase 2

Capital Smart City is a groundbreaking real estate development project in Islamabad, Pakistan, that has redefined modern urban living. With its innovative approach to smart infrastructure, sustainability, and community-focused design, the project has set new benchmarks in the real estate sector. As the development enters Phase 2, it promises to elevate these standards further, introducing new residential blocks, enhanced amenities, and advanced infrastructure. This article provides an in-depth look at Capital Smart City Phase 2, its key features, strategic importance, and investment potential, focusing particularly on the Overseas West block.

Overview of Capital Smart City

Capital Smart City is situated along the M2 Motorway, providing excellent connectivity to both Islamabad and Lahore. As Pakistan’s first smart city, it aims to integrate advanced technology and sustainable practices to create an efficient, connected, and environmentally friendly urban environment. The project spans an extensive area, with Phase 2 covering 17,500 acres, adding significant value and capacity to the overall development.

Strategic Location and Connectivity

1. Proximity to Major Urban Centers

Capital Smart City’s strategic location along the M2 Motorway ensures seamless connectivity to major urban centers. The project is easily accessible from Islamabad, Rawalpindi, and other key cities, making it an attractive option for residents and investors.

2. Capital Smart City Interchange

The newly developed Capital Smart City Interchange on the M2 Motorway enhances accessibility to the project. This interchange facilitates smooth and quick access to various parts of the development, ensuring that residents can easily connect to the main thoroughfares.

3. Connectivity Enhancements

The project includes several major road developments to improve connectivity further:

• GT Road to M14 Connectivity: Improved road links between GT Road and the M14 motorway facilitate easier access to the project.
• 1000-Foot Wide Roads: The construction of 1,000-foot wide roads connecting M14 to Ring Road Thaliya Interchange and Chakri Road to Thaliya Interchange significantly improves transportation efficiency and accessibility.

Key Features of Capital Smart City Phase 2

Capital Smart City Phase 2 builds upon the success of Phase 1 with several enhanced features and amenities designed to provide a superior living experience.

1. Advanced Infrastructure

The infrastructure in Phase 2 incorporates smart technology and sustainable practices:

• Smart Grids and Automation: The integration of smart grids ensures efficient energy management and reduces wastage. Automated systems enhance the functionality and convenience of various infrastructure components.
• Intelligent Transportation Systems: Advanced traffic management systems help to ease congestion and improve travel efficiency within the city.

2. Sustainable Development

Sustainability is a core principle in Capital Smart City’s development:

• Green Building Practices: The use of eco-friendly construction methods and materials minimizes environmental impact.
• Renewable Energy: The project includes the installation of solar panels and other renewable energy sources to reduce reliance on non-renewable energy.
• Efficient Waste Management: Advanced waste management systems ensure proper recycling and disposal, promoting a cleaner environment.

3. Diverse Residential Options

Phase 2 offers a variety of residential options catering to different preferences and budgets:

• Luxury Villas: Spacious and elegantly designed villas provide privacy, comfort, and high-quality living.
• Modern Apartments: Stylish and affordable apartments offer a sophisticated urban lifestyle.
• Gated Communities: Secure and well-planned communities provide exclusive facilities and enhanced privacy.

4. Enhanced Amenities

Residents of Phase 2 have access to a range of amenities designed to enhance their quality of life:

• Recreational Facilities: Parks, sports complexes, and entertainment centers promote an active and healthy lifestyle.
• Commercial Zones: Shopping centers, retail spaces, and dining options cater to the needs of the community.
• Educational and Healthcare Institutions: Schools, colleges, and healthcare facilities provide comprehensive services within the city.

Key Blocks in Capital Smart City Phase 2

Phase 2 introduces several new blocks, each designed to cater to different needs and preferences. These blocks include Executive West, Overseas Prime 2, and Overseas West.

Executive West Block

Overview

The Executive West block is designed for professionals and executives seeking a premium lifestyle. This block emphasizes luxury and advanced technology, offering high-end residences and exclusive amenities.

Key Features

• Luxury Residences: Includes high-end villas and apartments designed for comfort and sophistication.
• Smart Infrastructure: Features smart street lighting, waste management systems, and high-speed internet.
• Exclusive Amenities: Private parks, fitness centers, and recreational facilities.
• Green Spaces: Landscaped parks and walking trails promote a healthy lifestyle.

Benefits

• Enhanced security with advanced systems.
• Convenient access to key areas within Capital Smart City.
• A status symbol reflecting affluence and high living standards.

Overseas Prime 2 Block

Overview

Overseas Prime 2 is tailored for expatriates and international investors, offering a blend of modern living and international standards. This block provides diverse housing options and community-focused amenities.

Key Features

• Diverse Housing Options: Includes high-end villas and stylish apartments catering to various tastes.
• International Standards: Adheres to global standards in construction, design, and amenities.
• Community Facilities: International schools, healthcare centers, and cultural hubs.
• Connectivity: Enhanced digital infrastructure and reliable transportation links.

Benefits

• Attracts expatriates and investors due to international standards.
• Offers a comprehensive living experience with diverse amenities.
• Presents a lucrative investment opportunity with high potential returns.

Overseas West Block

Overview

The Overseas West block offers a more exclusive and serene environment, ideal for those seeking luxury and privacy. This block is designed to provide a high-quality living experience that meets international standards.

Key Features

• High-End Residences: Luxurious villas and apartments with modern elegance and classic charm.
• State-of-the-Art Facilities: Automated home systems, energy-efficient solutions, and advanced security.
• Recreational Areas: Private clubs, swimming pools, and sports courts.
• Eco-Friendly Design: Incorporates green building practices and renewable energy.

Benefits

• Provides a private and exclusive living environment.
• Enhances lifestyle with high-end amenities and comfort.
• Aligns with sustainability goals, contributing to environmental conservation.

Payment Plan for Residential Plots in Overseas West

Capital Smart City offers a flexible and convenient payment plan for residential plots in the Overseas West block. The plan is structured to accommodate various financial capabilities, allowing potential buyers to invest in their desired plot sizes.

Plot Sizes and Prices

The Overseas West block offers plots in four sizes: 5 Marla, 7 Marla, 10 Marla, and 1 Kanal. Here are the details of the payment plan:

Breakdown of Payments

1. Unit Price (Without Development Cost)

The unit price is the total cost of the plot excluding development charges. This amount varies depending on the size of the plot.

2. Down payment (10% of Plot Value)

The down payment is 10% of the total plot value and is required at the time of booking. This initial payment secures the plot for the buyer.

• Example: For a 5 Marla plot, the down payment is PKR 299,000.

3. Confirmation Amount (After 1 Month of Booking)

An additional confirmation payment, equal to the down payment, is required one month after the initial booking. This amount reaffirms the buyer’s commitment to the purchase.

• Example: For a 5 Marla plot, the confirmation amount is PKR 299,000.

4. 18 Quarterly Payments

The remaining balance of the plot price is divided into 18 equal quarterly payments, spread over four and a half years. This structure makes it easier for buyers to manage their finances and complete the payment over time.

• Example: For a 5 Marla plot, the quarterly payment is PKR 132,889.

Additional Costs and Charges

Prime Location Charges

• Facing Park, Corner, Main Road (Between 41′ & 99′): These plots will carry an extra 10% charge on the total price.
• Main Boulevard, Road (100′ & above): These plots will carry an extra 15% charge on the total price.
• Both Charges: If applicable, these charges will be added to the unit prices.

Development Charges

• Exclusivity: The prices mentioned do not include development charges.
• Payment: Development charges are payable by the allottee.

Terms and Conditions

• Price Adjustments: The payment plan and prices are subject to change without prior notice.
• Development Charges: These are not included in the unit price and must be paid separately.
• Payments: All payments should be made in favor of “Future Developments Holdings (Pvt) Limited.”

Important Notice

• Confirmation Failure: In case the confirmation amount is not paid within one month of booking, the booking will be automatically canceled, and 75% of the booking amount will be refunded within six months.

Investment Potential

Capital Smart City Phase 2, especially the Overseas West block, presents a significant investment opportunity. Several factors contribute to its strong investment potential:

1. Increased Property Values

The advanced infrastructure, strategic location, and high-quality amenities are expected to drive up property values in Phase 2. As connectivity improves and more facilities are developed, the appeal of these residential plots will increase, leading to potential appreciation in property prices.

2. Economic Growth

The combined development of Capital Smart City and the strategic integration of new blocks like Overseas West will stimulate local economic growth. Increased residential and commercial activity will create new business opportunities and jobs, contributing to the economic prosperity of the region.

3. Attractive to Expatriates

The Overseas West block, with its international standards and exclusive amenities, is particularly attractive to expatriates. The high-quality living environment and proximity to key urban centers make it a preferred choice for those looking to invest in Pakistan’s real estate market.

4. Sustainable and Smart Living

The focus on sustainability and smart technology aligns with global trends towards eco-friendly and connected living environments. This makes Capital Smart City Phase 2 a forward-looking investment that appeals to modern buyers and investors.

Contact Information

For further details and inquiries about investing in Capital Smart City Overseas West, please contact our authorized dealer:

Al Madina Estate and Builder

• Phone Numbers: +92-333-369000, +92-300-3690000
• Email: info@almadinaestate.com

Conclusion

Capital Smart City Phase 2 represents a significant advancement in the vision of smart urban development in Pakistan. With its expansive land area, cutting-edge infrastructure, and commitment to sustainability, this phase is set to redefine modern living in Islamabad. The strategic location, enhanced connectivity, and flexible payment plans make it an attractive investment opportunity for both local and international buyers. As Capital Smart City Phase 2 unfolds, it will undoubtedly set new benchmarks for urban living, embodying the future of smart, sustainable, and connected communities in Pakistan. Secure your place in Capital Smart City Overseas West today and experience a new standard of luxurious urban living.