10 July, 2018
University Town Islamabad
Housing Schemes
University Town (Pvt). Ltd. is dedicated to building the University Town with state-of-the-art civic amenities. In University Town all the basic necessities i.e. Water, Electricity, Sui-gas and Telephone lines are already there. University Town development work is on the go fast paced more than 80% development has already been completed. Block ‘A, B & D’ has been developed and plots have been handed over to the owners. The society currently has a total area of 7,500 Kanals. It comprises of Blocks A, B, C, D, E, and F, where all blocks, except for Block F, has residential plots in sizes of 5 Marla, 10 Marla, and 1 Kanal.
Location
University Town is situated on a superb location at Kashmir Highway and can be seen from Lahore-Islamabad Motorway M-2 as it lies close to Islamabad Toll Plaza on M-2. The society is yet to have direct access from M-2, on which the work is underway, the completion timeframe of which is unknown
Salient Features of Town
- Walled, Gated & Guarded Community
- 40-60ft roads & 80 ft Main Boulevard
- Underground Electricity & Sui Gas System
- 24 x 7 Potable Drinking Water
- Lush Green Parks, Children Play Land
- Sports Grounds with Jogging Tracks
- Markets, School, Mosque and Hospital
- Community Center
Development & possession status
The availability of utility services for Blocks A, B, and D has recently been completed. Also, the plot owners are paying the utility charges on an easy installments plan that spans four quarterly installments, two of which have already been paid.
90% of the area of Block A granted the property possession, while work is underway in the extension. In Blocks B and D, property possession is available for 70% and 85% respectively of the total area. In the other parts of all these blocks, development work is underway on the laying of gas pipelines and carpeting of roads. While development work in Block C and E is underway, but yet it is to kick off in Block F. The society is with the end users now, which also means that all plots are available only cash payment.
A look at market rates
Here are the block-wise rates of residential plots in University Town.
| Block | Plot Size | Prices in PKR |
| Block A | 5 Marla | 1,600,000—2,500,000 |
| Block A | 10 Marla | 3,300,000—3,700,000 |
| Block A | 1 Kanal | 5,800,000—6,200,000 |
| Block B | 5 Marla | 2,200,000—2,400,000 |
| Block B | 10 Marla | 3,300,000—3,800,000 |
| Block B | 1 Kanal | 5,800,000—6,200,000 |
| Block C | 5 Marla | 1,500,000—2,200,000 |
| Block C | 10 Marla | 2,500,000—2,900,000 |
| Block C | 1 Kanal | 4,500,000—5,000,000 |
| Block D | 10 Marla | 3,300,000—3,600,000 |
| Block D | 1 Kanal | 5,900,000—6,300,000 |
| Block E | 5 Marla | 2,000,000—2,200,000 |
| Block E | 10 Marla | 2,800,000—3,100,000 |
| Block E | 1 Kanal | 4,800,000—5,500,000 |
| Block F | 5 Marla | 1,600,000—1,900,000 |
| Block F | 10 Marla | 2,600,000—3,000,000 |
University Town is among one of the societies in the vicinity of Islamabad International Airport. And the rates of plots are comparatively low in this project. What concerns the property owners and potential investors have is the announcement regarding possession for plots in Block E. Stability is expected in market demand for plots in University Town, and thus expects the rates to continue to gradually up in the meanwhile. Many plots in Blocks C and E are lower than the ground level. Buying such plots, also colloquially termed as “plots in depression”, can be depressive for the end users, as construction costs on deep plots are much higher than the regular ones. This only means that making a move right now could be the right thing to do if you know how to go about it. This is all the latest information you need on University Town, we could share with you regarding University Town. For more details and any questions contact us at Apex Group “Converting Dreams into Reality”
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