INTRODUCTION:
Capital Smart City is a massive, cutting-edge residential development in Pakistan. It is Pakistan’s first Smart City and Asia’s fourth.
Because of its innovative features, it is quickly becoming one of Pakistan’s most popular housing societies. On the Lahore-Islamabad Motorway M-2, it is near the new Islamabad International Airport.
OWNERS AND DEVELOPERS OF CAPITAL SMART CITY:
Future Holdings Developments and Habib Rafiq have teamed up to create Capital Smart City Islamabad. Habib Rafiq (Pvt) is a renowned name in Pakistan’s real estate market; they are the developers of Islamabad’s Bahria and DHA neighborhoods.
They’ve also productively launched their own housing societies in Sargodha, Multan, and Sahiwal, dubbed Royal Orchard Multan, Royal Orchard Sarghod, and Royal Orchard Sahiwal, respectively.
MASTER PLAN OF CAPITAL SMART CITY:
Norman Foster devised the society’s master plan, which was assigned to a Singapore-based consultant firm called Surbana Jurong (SJ).
About Surbana Jurong (SJ):
Surbana Jurong (SJ) is a reputable Singapore-based consulting firm. SJ is one of Asia’s major urban, engineering, and infrastructure consulting businesses, with over 16,000 personnel spread over more than 120 offices, including architects, designers, planners, engineers, and other specialists.
Capital Smart City Total Area:
Capital Smart Society is 10 times larger than its neighboring society, with a total land area of 55,000 Kanal. It will be one of the housing societies that are closest to the future Islamabad International Airport.
Currently, society’s master plan is preliminary, and it will be expanded through time. Additional land will be added to the project, as well as numerous new blocks.
Authorities submitted a request for land extension in August 2019. After the extension was approved in June, the land area of Capital Smart City in 2020 will be equal to 80,000 kanal. It will be the largest housing society in the immediate vicinity.
Access Point of Capital Smart City:
It is easily accessible from the M-2 Motorway via Main Chakri Road and, in the near future, via the ring road. The national highway, the Lahore-Islamabad M-2 Motorway, connects the society to the neighboring districts.
It will also have its own designated interchange from the highway, which has received FWO approval.
NOC and Planning Permission of Capital Smart City:
The RDA accepted the NOC of Capital Smart City Islamabad, which is one of the permissible housing developments in the vicinity.
However, because to the additional land purchased, the society’s initial NOC is currently being changed, and the society is awaiting its NOC for the revised plan for the society’s extended blocks. It is anticipated that it will be given soon.
CAPITAL SMART CITY BLOCKS:
Overseas Block:
On the 20th of February 2018, the capital smart city launched its overseas block in the society at London Dorchester. For the first time in Pakistan, it is the first housing society to introduce a particularly constructed overseas block, which is entirely designated for Pakistanis living abroad.
Capital Smart City’s goal with this venture is to provide a safe and attractive investment opportunity for Pakistanis living abroad. Overseas Block has quickly become the heart of Capital Smart City due to its excellent location and amenities.
This block will quickly become a popular future destination for Pakistanis residing overseas. To reserve a residential or business plot in Capital Smart City’s overseas block, you must submit a copy of your or your Overseas National Identity Card, together with all other required documentation.
Location of Overseas Block:
Overseas Block is located in the upper region of Capital Smart City, near to Motorway M-2, on the right side of the society’s main boulevard.
The proposed designated Interchange from the motorway will provide direct access to the overseas Block.
Overseas Block plot sizes and price plan:
The Overseas Block consists of plot sizes of 5 marla, 7 marla, 10 marla, 12 marla, 1 kanal, and 2 kanal that will cater to the demands of Overseas Pakistanis.
Executive Block of Capital Smart City:
At the society’s launch event on the 2nd of May 2019, Capital Smart City introduced “Executive Block” to the society.
The company also provided a brief overview of the new block’s key characteristics, as well as a chance for ordinary block clients to temporarily transfer their plots to the executive block.
The officials only offered these plots for conversion for a limited time; the deadline for submitting an application was May 24, 2019, after which the society would require a 30% additional payment for conversion or reserving a new plot in this block.
Plots in the Executive Block are 30% more expensive than plots in the General Block, and those who seek to convert their plot after the deadline will now have to pay a higher price as well as a fixed fee.
General Block of Capital Smart City:
Initially, the society’s bookings were limited to the general block, which was later expanded into other blocks. The society is made up of various sizes of residential and commercial plots ranging from 5 Marla to 1 and 2 Kanal plots in various blocks.
PAYMENT PLAN OF CAPITAL SMART CITY:
Following is the updated payment plan of Capital Smart City
What is the procedure for reserving a plot in Capital Smart City?
The following documents will be required in order to book your plot in Capital Smart City.
- A photocopy of your CNIC
- A copy of your next-of-kin (father, mother, brother, wife, sister)
- Photograph of passport size
- Amount of the reservation (cheque/pay order/cash)
PROMINENT FEATURES OF CAPITAL SMART CITY:
This society provides its residents with a one-of-a-kind and cutting-edge living experience, complete with cutting-edge amenities.
This housing society will become Pakistan’s first Smart City by incorporating sophisticated technology and incorporating smart features. The following are some of the society’s most notable characteristics:
- City that is environmentally friendly
- Advanced Protection
- Environment that is clean and green
- Bus system in the capital
- 24 hours a day, 7 days a week, underground electricity Water, gas, and electricity are all available.
- Traffic, weather, power, and internet apps are examples of smart apps.
- Hotels, shopping malls, and sports clubs are just a few examples.
- Housing strategy that is both smart and modern
- Infrastructure of the highest level
- Overseas stifle
- Mosques, parks, and lakes are all popular tourist destinations.
- Recreational pursuits
- Golf Course with 18 Holes
- Move pick Hotels & Resorts is a collection of hotels and resorts that have been hand.
AMENITIES IN CAPITAL SMART CITY:
The smart city in the capital is working to promote and foster strategic growth in the area, as well as attract future investments. The goal of a Smart City is to develop a smart radial growth pattern that takes into account all of the primary infrastructure and services that are included in order to maximise efficiency in the lives of its citizens.
The following is a summary of the important key factors introduced into society, along with their characteristics as described by the Capital Smart City.
Elegant and Smart Housing:
A Smart City aspires to give a one-of-a-kind, long-term development and services to its community. Islamabad’s Capital Smart City meets all of the criteria for a fascinating smart city, including the following.
Employment Opportunities:
By becoming the region’s first commercial centre and encouraging foreign corporations and investors to invest in the spectacular housing project, the society will benefit its people.
Capital Smart City will also contribute to Pakistan’s economic situation by creating a variety of commercial and service industry job possibilities.
Comfortable and Quality Living:
The society is built in such a way that it produces a resilient social environment in the region, allowing people to live in a beautiful and serene setting while also allowing the society to grow as a business, residential, and recreational centre.
State of the Art Infrastructure:
Capital Smart City is working to develop a sustainable transportation system that will provide a network for road users, pedestrians, cyclists, and other people who require mobility. The society will implement cutting-edge transportation infrastructure that is more efficient.
FAQS OF CAPITAL SMART CITY:
Q1: What is a smart city, and how does it vary from other urban areas?
Smart City is a cutting-edge new housing project with cutting-edge technology, sophisticated development, and cutting-edge infrastructure.
Its high standards, smart apps, never-before-seen features, eco-friendly smart environment, and strategic planning set it apart from other housing societies.
Q2- If it is under the Rawalpindi Development Authority, why is it called Capital Smart City Islamabad?
The city of Islamabad’s layout plan is being revised, and this society may be included in the new plan because it is located on the outskirts of the current Islamabad region, hence the name Capital Smart City Islamabad.
Q3- When will the interchange work begin?
The society has received FWO clearance for its planned interchange from M-2, and building is expected to begin in 2020.
Q4- When will society’s development work begin?
The society’s development work has already begun; the work on Main Boulevard is nearly complete, and the construction of the mosque has begun, among other things. Please see the article above under the heading Capital Smart City Development for additional information.
Q5- When will the society give the plots to the members?
By the first quarter of 2020, investors who have made all of their required payments should be able to take possession of plots in the foreign and executive blocks.
Q6- What distinctive and intelligent facilities would this society provide?
The Capital Smart City will be a self-sustaining housing society with a variety of unique features, including a BRT system, climate control apps, free Wi-Fi hotspots, traffic management apps, surveillance systems, appliance control apps, and more.
Q7- Is this society a favorable place to invest in the short or long term?
Capital Smart City is a society worth investing in; it is a fantastic long-term as well as short-term investment opportunity.
CONCLUSION:
Many factors contribute to the success of a housing project, but the most significant is the owner’s and developer’s reputation. Because Habib Rafiq is one of Pakistan’s most well-known brands in the real estate market, investors have complete faith in the project.
The majority of the society’s plots has previously been sold and is currently being resold at a profit. Both the development and the master plan appear to be quite promising, and they will help Capital Smart City become a very prestigious project.
It will be a one-of-a-kind and comprehensive package for all members of society. With all of the updated features and amenities, Capital Smart City will undoubtedly be one of the region’s most successful home developments.
