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Islamabad Cooperative Housing Society (ICHS Town) is a low-income housing project by Islamabad Co-operative Housing Scheme. It is one of the housing schemes built-in proximity to Islamabad and Rawalpindi. It entertains its residents with the necessities of comfortable living.
It is a semi-government housing project launched to provide quality and comfortable living for low and moderate-income households. Located close by Islamabad, the housing project presents exquisite views of glorious Margalla Hills.
Multi Gardens was launched in 2004, but the society goes way back with the launch of its first housing project in E-11/3 named Islamabad Gardens in 1989 and E-11/1 in 2001. ICHS Town was also launched around the same time frame with this project.
Approval of layout plans for the society is per specified rules and regulations of the Capital Development Authority (CDA).
ICHS Town Location
The housing project lies near Fateh Jang Road which is approximately about 42 km from zero point Islamabad. It is one of the societies which has close access to new Islamabad airport.
Society is at an advantage with its location as it is situated close to CPEC route only at a distance of 3 km and only 4 km from New Islamabad International Airport.
We are stating below the distance of the society from the cities surrounding it:
- Fateh Jang 20 Km
- Islamabad zero point 42 Km
- Motorway 15 Km
- Rawalpindi 37 Km
- Murree 77 Km
- Gandhara 42 Km
- Abbottabad 112 Km
The total land area acclaimed by the housing project is about 5500 Kanal. The society claims to cater to the needs of approximately 35 to 40 thousands of the locals for residence.
ICHS Town Master Plan
Master plan of this society has been designed by the Zoom developers. We are attaching the master plan of this esteemed project for your ease down below:
ICHS Town Map
Following is the location map of ICHS Town:
As you can see from the map, you can easily reach this spectacular housing society via Ternot and Qatbal Village located on the main Fateh Jang, Attock Road. To avoid any confusion you can also easily find Islamabad Cooperative Housing Society Google map location by searching it on your mobile phones.
The society is situated at one of the best locations right at the intersection of 3 main cities of Pakistan, Fateh Jang, Rawalpindi, and Islamabad.
ICHS Town has entry point via Dhamyal road near Kashmir Highway and Attock Road via Ternot and Qatbal village.
ICHS Town NOC and Permission
The project is approved from Town Municipal Administration (Pakistan) and is a reliable and absolutely safe to invest in.
Following NOCs have been obtained by ICHS from concerned departments
The society is registered with the ICT administration cooperative societies department under registration number 313. The rest of the details are mentioned as under:
Registration No. 313, Co-operative Societies Department, ICT, Islamabad.
Tehsil Municipal Administration (TMA)
NOC No. 567/SL/N-I/TP/TMAF from Tehsil Municipal Administration (TMA), Fateh Jang.
Ministry of Defence
NOC No.6/53/Misc/D-28/2008 from Ministry of Defence, Government of Pakistan.
Civil Aviation Authority (CAA)
NOC No. HQCAA/1124/44/ATS(P/C) 2693 for Construction from Civil Aviation Authority, Headquarters, Karachi.
Environmental Protection Department:
NOC No. DD(EIA)EPA/F-80(IEE)/0307/2009/2892 from Environmental Protection Department, Government of Punjab.
ICHS Town Features
ICHS does not claim to be very fancy but it covers all the basic facilities which are a necessity for comfortable living. ICHS Town offers the following basic amenities to its residents:
- Underground Electricity
- State of Art Sewerage System
- 162 ft. wide main boulevard
- Paved streets
- Street lights
- Jogging tracks
- Mini Golf club
- Community club
- Gated community
- Wide network of roads
- Mosques, Hospitals & Schools
- Parks and Shopping centers
ICHS Town Islamabad Project Details
Initially the society divided its area into 6 residential blocks only offering 1 Kanal residential plots, However different sizes were available for commercial plots in the markaz of the society, later the officials of this housing venture felt the need to revise its master plan and add more blocks to the residential area that now offers various plot sizes to fulfill the demand.
New Blocks launched in Quaid Block. Plots of 5, 7, 10 Marla and 1 Kanal plots are available on an easy 2.5-year installment plan.
ICHS Town Islamabad Payment Plan
At the beginning of the launch the registration process was made very easy for the potential clients, the registration booking forms were made available from 1st October 2015 at the selected branches of Silk bank Branches located in all the main cities of Pakistan. The payment was to be paid in installments.
Currently, the plots available in old blocks have been sold out and are now available on resale with profit. The society has launched an easy installment plan offered for the newest extension block of the community.
Following is the latest payment plan of residential plots:
Terms and Conditions
- All the corner plots and the plots on Main Boulevard shall carry an additional premium of 10% the average cost of the scheme.
- The allotment of residential plots is solely for residential purpose only, non-compliance this term shall result in cancellation of the allotment
Furthermore, the housing society offers special discounted rates for Government and Semi-Government employees, Overseas Pakistanis, Retired Pakistani Officers, Disables, Widows, and Orphans.
ICHS Town Development
The development in Phase 1 has almost been completed with 50% work done sewerage lines, roads networks and electricity lines have been installed. However the development work in phase 1 is very slow paced, it will took at least 2 to 3 years just to complete the earth work.
For the last couple of years, the pace of development in ICHS was rather slow, but the management of the society has picked up the pace significantly after the launch of new International Islamabad Airport. The increased economic activity in the region due to the CPEC Route falling close by to this society has open doors to many prospects and have been successful in attracting a lot of developers and investors to investing in this housing venture.
The increased prices in society are the result of the recent development in the region. Connections of water, gas, underground electricity, and telephone lines are installed in the community. The work on carpeted roads is completed that connect all parts of the society along with state of the art 160 ft. wide Main Boulevard. The construction work on the main entrance gate and the boundary wall surrounding the housing project is also completed.
The solar lights have been installed on the Main Boulevard to make the housing society more eco-friendly and convenient. Back-up generators are also available to deal with any power outs
Water and sewerage disposal system is also laid out throughout the area. All the development, as mentioned earlier, combined with the facilities the project is offering, and the modern infrastructure adds the value in property for its residents in affordable rates.
Read about more low Income Housing societies in the same region in our blog.
The society has proposed to grant the possession of the plots in 1st phase in 6 to 10 month time, however it will take a longer time for the extension block as it is relatively a new block and the development work and other formalities will take time. The management of the housing society is asking for 2 to 3 years before handing out possession in these blocks.
Real estate investment is one of the most favorable and reliable methods to generate your income and increase your wealth. All the successful people around the world indulge in real estate as it is one of the safest and risk free industries. You can yield higher profits in limited time without any significant effort put into it. ICHS Town offers the same opportunity in terms of value and bright investment perspectives.
It is a well-planned and scenic housing society that has been expanding swiftly due to increased socio-economical dynamics of the region. It certainly provides for an excellent investment opportunity not just in residential but also in commercial blocks of the society. The reliable infrastructure, beautifully engineered roads, modern architecture, and up-to-date facilities add to the value and worth of investment.
It is incredibly favorable to hold the property for at least a year after the investment to yield high profits from this project. In the meantime, you will also be granted possession will further enhance your revenue. The most beneficial scenario is to be able to maintain the property for a longer-term, let us say 4-5 years to gain 100% profit on your initial investment.
There is no saying what the future holds, but for this housing society, the possibilities are endless.
Guidelines to follow while Purchasing/Sale of Plots
Following are the guidelines to follow:
Please always verify all the documentation with complete satisfaction to avoid any miscommunication or misunderstanding. Before getting into any property purchase or sale, make sure to inquire about the NOC and approval document by the developers duly approved by the authorities. In this way, your documentation will be valid by all means that may offer customer satisfaction.
Before the conclusion of any sale or purchase of the property, please ensure that your funds align with your purchase plan. In this way, your purchase or sale will be made without any issue.
Before any purchase and after surety of the documents’ validity, visit the site to ensure that the written documents are under the plot specifications.
Benefits of Real Estate Investment
Real estate investment is one of the most profitable businesses among others. This is because it has excellent investment return potential. But the point to keep in mind is that it will only be profitable when conducted correctly. One can gain several kinds of benefits from investment in the real estate industry.
Some of the main benefits are as follows:
1. Financial Security
If a person has some extra amount or someone has some asset, and he wants to keep the value of that asset high, then indeed, the real estate sector is the sector that can keep the value of investment high and not depreciate.
2. Stable Income
A person can quickly generate a stable income with an investment in real estate. For example, one can buy a property, develop it, buy a developed property, and rent it monthly or yearly. Not just this, the rent increases every year by some percentage, so it would not be wrong to say that it gets better than stable.
Once an investment is concluded, it’s not like some living thing you have to look after daily. The maximum you will have to do is visit your property every while to ensure it does not fall into the wrong hands of encroachers.
4. Passive Income
Once someone has invested in a real estate property, then passive income like rent could be generated. Investors buy a developed property or develop an open land and then rent it out, ensuring a steady source generation source throughout the year, uninterruptedly.
5. Non-depreciable Asset
Real estate investment is a sort of business that will never lose its value once done rightly. Real estate value always increases every year. And if some significant government or private project is started in its vicinity, then the value may increase manifold.
|Infrastructure is not as luxurious as compared to high-end neighboring societies
|Easy Installment plan
|Standard plot sizes
|Located near Islamabad Airport
|Proximity to CPEC route
|Exquisite sceneries and developing neighboring infrastructure
|Basic facilities available
|Excellent opportunity for long term investment
|Easy Tradable Plot sizes
|Family friendly neighborhood
|Only a few mins drive from Islamabad & Rawalpindi
Even though the investment in ICHS town will have to be long termed but the experts have analyzed that the margin for returns will be high depending on the investment made. The housing society is a great place where you can live the life you have always dreamt of.
Grab This Auspicious Opportunity To Execute Your Dreams Into Reality.
Answer- The housing project lies near the Fateh Jang Road, which is approximately about 42 km from zero point Islamabad. It is located at only 4 km distance of the new International Islamabad airport and only 3km away from the CPEC route.
Answer- The total area of the society is spanned on about 5500 Kanal of land. However, with the extension and more blocks added to this society, it will soon comprise of the total area of 9000 Kanal.
Answer- ICHS Town is a business venture of Islamabad Co-operative Housing Scheme and is managed by 22 grade Government officers
Answer-It is situated relatively close to Islamabad city and is managed by the Islamabad Cooperative Housing Societies and thus is commonly known as ICHS Town Islamabad or Islamabad Cooperative Housing Society.
Answer-Yes, the society has provided with all the major amenities and facilities to its esteemed occupants including water, electricity, and gas.
Answer- CPEC Route, Islamabad International Airport, and Motorway are all situated at 5 minutes’ drive from society. For complete details kindly check under the heading “location” in the above article.
Answer-There are 5 Marla, 10 Marla, and 1 Kanal plots offered in the residential blocks of the society.
Answer- Yes, there are commercial plots available in society on an easy installment plan. For further details, check under the heading “Payment plan” in the above article.
Answer- Profits and investment returns depend on the market conditions. So we advise you to gauge your decisions accordingly.
Answer- Several factors affect long-term investments. That is why we advise conducting thorough market research and comparative analysis to determine the long-term fate of teh ICHS Town and investments in this project.
Answer-Yes society is offering a very feasible payment plot for their clients. The complete payment plan proposed by the management of this housing project is attached above in the article.
Answer- The housing society is unique and offers discounted rates to Government and Semi-Government employees, Overseas Pakistanis, Retired Pakistani Officers, Disables, Widows, and Orphans.
For further information and queries about this project, kindly don’t hesitate to contact the official management of the housing venture.