Recently, there has been an increase in the demand for luxury apartments in Rawalpindi, which is why many emerging residential societies are erecting high-rise apartment structures to meet this demand.
Due to the many advantages apartment complexes provide, including valet parking, first-rate 24-hour security services, convenience to shopping districts, and stunning views of Rawalpindi, luxury apartments are quite popular.
A lot of millennials are choosing apartment buildings as well because they are more cost-effective than houses, come furnished, and require less upkeep.
In fact, in the last five years alone, the demand for apartments has gone up by nearly 30%, which has given rise to an increasing number of newly constructed high-rise luxury apartments in major areas of Rawalpindi.
It is therefore not a surprise that apartment prices climbed between 2017 and 2022. The trend of purchasing luxury flats has expanded in Islamabad over the past couple of years, mostly due to an increase in demand for secure, opulent, and well-maintained properties.
The Trend of Apartment Living in Rawalpindi
Apartment developments were historically mainly limited to Karachi due to cultural preferences for horizontal residential developments in Rawalpindi and Islamabad. Although cities have gotten crowded, land costs are rising, and the tendency of apartment living is quickly gaining ground in many places due to the increasing urban sprawl.
In Bahria Town and DHA, there are over 5,000+ ready-to-move apartments available, with about 60% of the population living in these units on rent. Fewer are in the planning stages and more are currently under construction than luxury apartment projects.
Three main factors make it safe to invest in luxury apartment projects in popular housing societies:
- There are very strict rules/regulations regarding the construction of safe and secure high-buildings
- The responsible authority is in charge of maintaining and developing roads, green belts, parks, and other infrastructure
- Residential units are highly sought-after and are typically occupied on both a rent-to-own and purchase basis.
Comfort and peace
The tenants’ yearning for peace is provided by luxury apartment developments. A huge, lovely, cozy, secure, and extremely well-located property offers its residents more enjoyable and rewarding moments.
Infrastructure and amenities
In a luxury apartment, you have access to first-rate amenities at all times. Today, a variety of apartment buildings provide inhabitants with all types of amenities without requiring them to leave the structure, including swimming pools, gyms, health clubs, gardens, children’s play areas, and relaxation places.
In addition, the building amenities include bakeries, mosques, daycare facilities, and libraries. Additionally, the resident has access to repair and maintenance services with just a phone call away and without the need for outside assistance.
These buildings also include a significant power backup provision, so tenants no longer have to worry about load-shedding or setting up separate personal power backups. If a resident requires further assistance or services, they can also get in touch with the apartment management.
Flexible size
Apartment sizes are, to put it simply, practical. A recent college graduate typically seeks a place to call home, complete with a living room, bedroom, bathroom, and possibly a kitchen.
This room merely needs to seem cozy and quaint; it doesn’t need to be big and luxurious (even for the guys). Most people, including college students, single women, bachelors, and even friends who decide to live together in a room, share this fundamental urge.
Greater safety
The security elements in this kind of home are one aspect that jumps out. In order to give tenants the peace of mind and optimum protection they need, these buildings have electric fences, video cameras, and a 24-hour security system.
The outside, community spaces, elevators, and corridors of these buildings all have cameras installed. The security team that maintains and runs the website is equipped to handle any situation and makes sure that everything runs smoothly.
Ideal location
A high-end luxury apartment’s location is very important since it should provide tenants with peace, good views of well-known landscapes, and convenient access to the major retail districts.
Amenities are a differentiator between a high-end apartment and a standard unit. features and amenities like a lobby, valet parking, round-the-clock security, and most importantly, location. In Islamabad, there is a significant demand for apartments in Bahria Town, GT Road DHA, Gulberg, and those that face Margala Hills.
Accessibility
The convenience of having everything you need nearby is one of the best features of an apartment building. The general demographic of the city often determines the sites of shopping centers.
The necessity for the retail center grows as the likelihood of potential customers increases. This little nugget of knowledge is helpful. Whatever you require, there is a retail center close by to meet your needs.
All things considered; apartments are ideal for anyone looking for a place to call home. Apartment rentals are a terrific option for a great home, especially when you take into account the financial advantage of renting and the numerous underlying advantages that follow.
Read complete article: New Metro City Gujar Khan – Payment Plan – Location Map – NOC
Parking locations
Apartment complexes contain parking spaces reserved for residents, which are often built as a part of the structure at basement levels and are accessible through elevators. The fact that the residents’ cars are parked in a secure area under supervision also provides security and peace of mind to the community.
A convenient living!
Another benefit is the comfort these high-rise structures produce, which is mainly related to the roomy rooms, imported kitchens, furnished bathrooms, and trendy balconies, all of which are prepared to change your everyday life into a pleasant ambiance.
Top Areas for Apartments in Rawalpindi
The most recent apartment development in the booming Rawalpindi real estate market is BTR Phase 7.
BTR Phase 7
BTR Phase 7 is a special favorite among purchasers and therefore developers due to its central placement within the society, the presence of commercial attractions, leisure facilities, leading retail brands, and restaurants.
In reality, this is where the majority of the upscale apartment developments are. You can choose to reserve a unit in one of the recently announced projects on installment payments or choose to purchase an apartment from the secondary market here.
The projects River Hills 1, 2, 3 and 4 and Bahira Business Square, Sunset View, 68 High Street, and Bahria Spring North are among the more well-liked ones. The forthcoming River Loft is a fantastic alternative to take into consideration for people eager to purchase an apartment in installments.
Metropole Arcade
One of Rawalpindi’s most well-known apartment complexes is Metropole Arcade, and the key factor in its fame is its position next to MH Hospital. It’s a fantastic commercial development with flats on the higher levels, giving it the ideal place to live close to Saddar, the busiest market in the city.
Hyde Park One Apartments
A well-known business, Wusat Developers Pvt Ltd, a well-known developer’s group from the United Arab Emirates, is responsible for the construction of Hyde Park One (UAE). The flats in this apartment complex will be used both for residential and business purposes.
Lakeshore Tower
One of the most recent additions to Islamabad’s real estate market is Lakeshore Tower. Top City-1 will see the construction of this edifice. It is perfectly situated close to the brand-new Islamabad International Airport, and once the metro bus terminal is operational, it will only be a short distance away.
New Metro City Gujar Khan
New Metro City Gujar Khan seeks to be the top housing society in Punjab with the tagline Smart Economy, Smart Housing, and Smart Environment It is situated on main GT Road.
The Rawalpindi Development Authority will soon grant approval to New Metro City Gujar Khan. In comparison to nearby communities, it is the most affordable upcoming housing project in Rawalpindi. Additionally, apartments and villas are available with a affordable payment schedule.
What Will a Luxury Apartment in New Metro City Gujar Khan Offer?
Although the majority of people believe that the price is sufficient to distinguish a luxury apartment from what is thought to be an average flat, there are essential qualities that need be considered.
The vast surroundings, location, and construction features of high-end apartments sometimes serve as distinguishing factors.
Final Thoughts
An equal number of apartment projects are being made available to customers as a result of the rising demand for residences in Rawalpindi.
