Luxury apartments and homes scheme launched by Zulfi Bukhari
Special Assistant to the Prime Minister (SAPM) on Overseas Pakistanis and Human Resource Development Syed Zulfikar Abbas Bukhari launched the ‘Country Homes and Luxury Apartments’ scheme.
The project was launched at Overseas Pakistanis Foundation (OPF) valley Zone V to provide safe, secure and profitable investment opportunities to expatriates in the housing sector.
The scheme included 200 villas, which would be built in four phases to offer comfortable accommodation facilities to the expat community as per international standards.
The SAPM said the scheme included park, restaurant, commercial plaza, mosques schools and a college. All the basic amenities including water, electricity and gas connections had been ensured in the valley.
Under the first phase, the OPF had initiated the process for constructing 50 villas in the valley to ensure early completion of the project in a transparent manner, he said. One villa costs nearly Rs 27.7 million with 10 percent down payment and two years installment plan.
Salient features
- Luxury homes
- Built on international standards
- All amenities of modern living
- Pollution-free environment.
- Gated Community
- 24/7 security & maintenance
Almost six towers would be built to develop 120 luxury apartments in the valley. It would also involve 10 percent down payment and a three-year installment plan.
He said the installment plan was developed after thorough deliberation to enable the overseas Pakistanis for owning the apartments and villas in a hassle-free way.
The development work in the valley remained at a standstill for last few years. However, the present government has now expedited the development work to transfer possession of plots to the allottees at the earliest.
He said the present government had retrieved 102 kanals land from the land grabbers (land media) recently and handed over its possession to the allottees. The plots sale and purchase process had been digitalized to ensure transparency, he added.
The government was committed to reviving sick welfare projects to provide maximum facilities to the expatriates.
OPF valley is located at Japan Road Zone-V of Islamabad Capital Territory at a distance of 24 Km from Zero Point. It spanned over 5,000 Kanals.