Listings for Islamabad (1027)

Islamabad, with a population of over 1.7 million, is the most developed city of Pakistan. Located over the edge of Punjab's border with Khyber Pakhtunkhwa, the city was founded as the capital city in 1969 to replace Karachi. Islamabad, which is home to thousands of diplomats, foreigners, government servants and politicians, is a Gamma City. It is considered the most successfully planned city of South Asia and many its known buildings, structures, offices, universities, and hotels add value to the property in Islamabad. Islamabad property is known best for being divided into zones and sectors, which are neatly linked well with highways and important commercial areas as well as other sectors.

People from different cities of Pakistan have moved to Islamabad to seek better working opportunities offered by different offices located in and around the city, all of this contributes to adding worth to property in Islamabad. However, the concept that the city has no local residents is changing and many people from other parts of Pakistan head to Islamabad during vacations. The universities and education institutes located here attract students from all over Pakistan. Some of these popular universities include National University of Sciences and Technology, Army Medical College, Quaid-e-Azam University, Allama Iqbal Open University and Pakistan Institute of Engineering and Applied Science. Many students who live in hostels of these universities later choose to work and live in the city by buying or renting of property in Islamabad. Renting a house is a preferable way for many since the prices of property for sale in Islamabad is very high.

Some of the most expensive properties of Pakistan real estate are located in Islamabad. The rental value of commercial as well as residential property is also quite high in the city. The planning, development and maintenance of Islamabad is the responsibility of Capital Development Authority (CDA). CDA has been able to successfully meet the challenges of keeping the most happening city of Pakistan clean, green and well maintained. The efficient CDA has raised the standard for other cities. All of these factors combine to increase the value of property for sale in Islamabad.