Citi Housing Scheme is enjoying a great deal of consideration from genuine buyers and investors of Sialkot and an obvious proof of that are the recent search trends on Aarz.pk. The society is offering immediate possession on more than 90% of its area which is the biggest attraction of this society for investors and genuine buyers.
Besides that, the project spans over a 1000 acres of land and consists of six blocks namely Block A, B, C, E, F and G. Instead of launching block D the society has decided to extend Block B on the planned site for block D and has entitled it as BB extension. The developers are also planning on extending the total area of land.
Location of the Society
The Citi Housing Society is situated at a distance of just 6 kilometers from Sialkot on Daska Road. The society is at a distance of 800 meters from The Sialkot medical college and it takes only 2 min to reach there. Other major landmarks within the vicinity include Sports Park International at a distance of 4 minutes, UMT Sialkot Iqbal Campus at the drive of two minutes, and Kashmir Colony.
The Citi housing project is surrounded by the scenic lands and small towns. If you happen to visit the society you will experience a tranquil ambiance which is unknown in the hustle and bustle of main city. In addition, the main metropolitan of Sialkot can be reached within minutes but the residents would hardly feel the need to move at regular basis as the project is providing all the facilities and amenities one can think of.
Block B and G Extension
In block B one commercial and two residential extensions are being developed. Development is complete in block B and possession is available. Other than that, another residential extension is being developed in BB extension block which was previously planned to be part of Block D. All the utilities are available except for Sui gas that is yet to be provided till in some parts of the society.
Block G is also being extended and labeled as block GG. Residential plots are available in this block. Development work is half way through. Plot sizes are same as in other blocks for residential plots. Commercial area comprised of 2.5, 3 and 6 Marla plots is being reserved in various blocks for shops, offices, conference rooms alongside offices and other luxurious features as Cinema and restaurants.
An overview of the rates
The following table reflects the comparative average prices of CITI housing scheme in 2017 and 2018. On average percentage change in prices is equal to 20-25%. Market gurus believe that these prices will further go up in the coming few months.
After the change of government investors and market forces are eying on the taxation which will be levied on real estate market. As it is emerging market and many infrastructure development projects like CPEC will be in their crucial stage; the general expectation is that the taxes will be lowered and buying and selling of real estate will become easier for genuine buyers and investors alike.
|Block Name||Plot Sizes||Average Prices in 2017||Average Prices in 2018|
|Block A||5 Marla||3,500,000||3,400,000|
|Block B||5 Marla||4,000,000||4,400,000|
|1 Kanal||Area in litigation||11,000,000|
|Block C||10 Marla||7,000,000||7,500,000|
|Block E||10 Marla||3,050,000||5,500,000|
|Block F||5 Marla||3,000,000||3,550,000|
|Block G||5 Marla||3,000,000||3,550,000|
Given the present demand by genuine buyers the prices will appreciate by projected estimate of 10 to 15% in few months. Citi Housing Scheme is providing exceptional infrastructure and amazing facilities in a very peaceful neighborhood. Therefore, we suggest readers to consider investing in this society because it will provide good ROI in next few months.