Introduction
Faisal Residencia is one of the ideal housing societies in the city of Islamabad because of its reasonable pricing, great location and trust worthy sister projects.
It has been successful in gaining the interest of investors and buyers mainly due to the reputation and good will of the owner as well as supreme location and expected facilities offered by the society.
Owner & Developer:
Faisal Residencia is another esteem project by Zedem International Pvt Ltd the company owned by Ch Majeed.It is society with all modern facilities and opportunities.
The builder had already built trust and great reputation with his successful projects in past such as MPCHS and Faisal Town, consequently Faisal Residencia became a valued venture among the investors and the dealers.
Location:
Faisal Residencia is located in the CDA sector E-17 near the sector F-17 in Islamabad; it is specifically positioned in E-17/1 & E-17/4 right next to Cabinet Division Housing Scheme.
Access:
The society will have the access routes from GT road as well as Fateh Jang Road.
NOC:
While a number of NOCs have been obtained, the NOC from CDA is pending. The officials are suggesting that the Capital Development Authority will soon issue the NOC for the project.
Project Details:
Faisal Residencia is launched was launched on 31st May 2018 on first come first served basis. It offers residential plots of 5, 7, 10, 14 Marla and 1 Kanal with 3 years easy installment plan.
Possession process will be given to the owners in 1-2 years after the completion of the development process.
Payment Plan:
The payment plan offered by the society is as follows.
Plot Size                      Down Payment           Installments (14)
5 Marla                           523,000                        148,000
8 Marla                           690,000                        200,000
10 Marla                         810,000                        270,000
14 Marla                        980,000                        340,000
1 Kanal                          1,040,000                      475,000
Development:
Although some development has been completed in the society and many plans have been made for future development of the project, it has been very slow paced due to delay of NOC from CDA.
Amenities
Here is a list of services offered by the housing scheme to its residents. Some of the services have finished and different will provided gradually.
- 600 ft wide green belts
- Sport Complex & Recreational Facilities
- Mosques
- Educational Institutions
- Underground Electricity
- Sui Gas
- Water Filtration Plant
- Lakes and Gardens
- Banks & Post Offices
- 24/7 Security System
- Shopping Centers
Pros:
- Reputable Owner and Developer
- Supreme Location
- Excellent neighboring societies
- Good ROI
- Golden Investment opportunity
- Reasonable Prices
- Easy Installment plan
- Impeccable Amenities
- Eco-friendly and Peaceful society
Cons:
- Slow Development
- NOC not approved from CDA
Faisal Residencia initially attracted a significant number of genuine buyers and investors due to popularity of Faisal Town and other prestigious projects delivered by Zedem International.
However because of its slow development of Faisal Residencia, It is not being able to deliver the results as efficiently.
If you have any other queries about the project you can ask us in the comment section below or send us
still rests on the approval of its NOC from CDA authorities.
