Islamabad Cooperative Housing Society
The land of beauty, Islamabad has technologically advanced and extended up to a very huge scale. These factors create high business opportunities in the city which leads to an increase in population as well as in property rates. Due to higher land costs, a middle class and salaried individual will find it difficult to buy a plot or home within Islamabad city. But here I have good news that is the solution to your problem of affordability. That news is the Islamabad Cooperative Housing Society also known as ICHS.
ICHS is one of the ultimate admirable housing cum commercial projects that is crossing the mellowness level than anticipations. The Housing Society was introduced by the Senior Government officers of Islamabad. ICSH is a Government society that is registered with the Co-operative Societies Department, ICT in the year 1989. The Registration No. of the ICHS is 313. The society has also obtained NOCs from different concerned departments i.e. NOC from Tehsil Municipal Administration Fateh Jhang, NOC from Ministry of Defence, Govt. of Pakistan, NOC from Civil Aviation Authority Karachi Headquarters, and NOC from Environmental Protection Department, Government of Punjab.
The project is developed for low and fixed income people so that they can enjoy a well-appointed and comfortable living in Islamabad. ICHS is designed to furnish the residential prerequisites of approximately 35 to 45 thousand families. Situated near Fateh Jhang Road Islamabad, the project is developed over an area of 9000 Kanal of land. The project is among the low-cost housing schemes of the city that will provide the same standard of features and conveniences as an expensive and high-class scheme provides. Due to reasonable prices, the project offers good investment opportunities that will give a huge return shortly.
Here the investors will have a varied range of plots for small to medium and large families. The plots are available in 5 Marla, 7 Marla, 10 Marla, and 1 Kanal at reasonable prices. The developers of ICHS have revealed the payment and installment plan of both the commercial and non-commercial projects which I will discuss in the Payment plan section. So, let’s go for further discussion on the location map.
The Islamabad Cooperative Housing Society is located on Fateh Jhang Road while having a distance of about 24 km from Zero Point Islamabad. The location is one of the easily accessible locations of the city which have a direct approach to all life civilities. The Kashmir Highway gives direct access to the society from any part of the city. The exact location map is given on the official website upon which you can see that passing through Kashmir Highway extension you can get an approach to New Islamabad International Airport. You will also see that is found in between the CPEC Road, Circular Road, and Airport Cargo Road making it more attractive for investment and living purpose. The most populated and well-recognized housing schemes including Mumtaz City and Top City 1 is found at the distance of 3.8 km from ICHS.
I will personally recommend you invest in here as its attractive location will give you huge profits in near future further after the completion of the Airport and CPEC Road the prices will go higher up to 300 to 400 percent.
Payment Plan and Booking Procedure
Islamabad Cooperative Housing Society is a highly prestigious housing scheme that is developed to provide low cost yet a contemporary way of life to the people along with the associated facilities by maintaining the updated standards. As the project is divided into different blocks, currently the booking for all residential and 4 Marla commercial plots is open in Executive Block only. The booking of the executive block is now open and available on highly convenient terms with a flexible installment plan.
For booking a plot you first need to get register with ICHS and have to follow the steps I am going to mention below:
- Download the application form from the ICHS website.
- Fill the application form carefully.
- Submit the membership fee to the mentioned bank branch and receive the deposit slip.
- After filling the form attach the scanned copy of the bank deposit slip.
- And send the scanned copy of the form along with Deposit slip to the ICHS.
The installment plan of the plots is stretched over 3 years it means you will have to make payment in 12 quarterly installments. While the cost of the land will be down payment and development charges can be payable in installment.
|Plot Size||Total Price||Cost of Land||Development Charges||12 Quarterly Instalments|
|7 Marla 30×60||1,057,000||590,000||460,000||38,333|
|10 Marla 35×70||1,507,000||875,000||625,000||52,083|
|1 Kanal 50×90||2,659,000||1,500,000||1,150,000||95,833|
Islamabad Cooperative Housing Society is a mega residential low-cost scheme in the city which has been developed on a land of 9000 Kanal. The society map and project plan of ICHS have been revealed by the developers. The issued map shows that the entire society is distributed into 6 different residential sectors which are further expanded into extensions. Most of the sectors are offering 1 Kanal plots however; the overall scheme is offering 5 Marla, 8 Marla, 10 Marla, and 1 Kanal well-organized and developed plots. The map also shows that a commercial Markaz will also be developed in ICHS offering 4 Marla commercial plots.
The revised plan which is recently revealed shows that the society is divided into different blocks including A Block, A-1, A-2, A-3, A-4, B-Block, C, Block, D-Block, E-Block, F-Block, G-Block, H-Block, I-Block, K-Block, M-Block, N-Block, O-Block, and Executive Block. Every single block will have parks, central mosque, school, health center, 80 feet main and 40 feet internal roads, walkways, parking areas, and graveyards. The M-Block will have a 4 high-rise ICHS Tower each on 22 Kanal of land, a 5-star hotel, a hospital on 22 Kanal of land, Jamia Masjid on 18 Kanal, Park on 18 Kanal, and a college and school with 90 feet main roads.
The ICHS is developed by a group of Government officers. Society is an association that is committed to enhancing the living quality for small and limited salaried ancestors. They also want to offer the prospect for autonomy by ensuring secure and quality lodging. The basic endeavor of the developers is to attain the tenant’s liking and to uphold their customer needs and devotion. Their key phenomenon is the maintenance of quality and by focusing on their customer’s need they are giving the most noteworthy quality with ideal administration.
At ICHS teamwork is perceived as a basic component of any accomplishment where everyone takes care of each other with reliance and value. In almost subsequent three years Islamabad Co-operative Housing Society is going to turn into an independent assets supervisor. With the application of intensity, accountability, competitiveness, and hardest assets supervision they will achieve every of their goal.
Facilities in ICHS
The society will provide 24/7 electricity with an underground electrification system to ensure the safety of the dwellers of ICHS.
- Sui Gas
The project has applied for the availability of gas and after getting approval the gas pipeline will be placed in the entire project.
- Boundary wall & Gated Community
Housing Scheme has made all the essential arrangements for the safety of its people by constructing a boundary wall around the entire scheme and a beautiful entrance gate is also installed to prevent unauthorized people to enter in the community.
- Parks & Playland
For the fresh air in the morning and entertainment purposes, there will be a park in every block with a playland where the kids of the residents can play and enjoy.
There will be wide carpeted roads and 80 to 90 feet wide main boulevards in the project. All the roads will be decorated with street lights and mini plants & trees around the boundaries.
A central Jamia Mosque will be constructed for the overall society while small mosques will be made available in all blocks and sectors.
- Schools, Hospitals & Shopping Center
International level education and health facilities are available in ICHS so you don’t need to get worried about your child’s education and health. Also the people of the society as well the outsiders will enjoy a great shopping and leisure experience in the shopping center being planned by the developers.