The Life Residencia Islamabad – Project Details, Location & Prices Updated 2022
The Life Residencia is a new housing project on Fateh Jang Road right next to New Islamabad International Airport. The project is sponsored by Safe Hand Group which has delivered multiple turnkey housing development projects in the past. It offers different sizes of residential plots, i.e. 5 marla, 7 marla, 10 marla, 12 marla and 1 kanal on 3 years easy installments plan.
The Life Residencia, as the name suggests, is planned to be a modern housing project where people can enjoy all luxury amenities of life at an affordable cost. The project is planned over an area of about 10,000 kanals of land right next to PECHS Housing Scheme near New Islamabad Airport. Development work on the project has already started recently, and the developers aim to deliver this housing scheme on time.
There are multiple factors which make this housing project attractive for investors as well as home seekers that we will discuss below. Hence you can mark this project as one of the preferred housing projects in Islamabad which offers plots on installments.
The Life Residencia Real Estate Project Location
The Life Residencia is ideally located along Fateh Jang Road right next to PECHS Islamabad. The society will be accessible through Mumtaz City, PECHS and Fateh Jang Road, while future link is planned from CPEC link road.
Following is the location map of The Life Residencia
AS you can see on the map above, The Life Residencia lies very close to Mumtaz City, PECHS, New Islamabad Airport and CPEC Route.
Once the under construction CPEC Road is operational, and also the upcoming Rawalpindi Ring Road connects this area with Motorway m-2 and Rawat, you will see the commercial value of this land rising in coming years.
Following is the estimated travel time to major landmarks from the society:
- New Islamabad Airport: 5 Minutes Drive
- Motorway M-1 and M-2: 5 Minutes Drive
- CPEC Interchange: 2 Minutes Drive
- Blue Area: 25 Minutes Drive
- Faisal Masjid: 25 Minutes Drive
- Saddar Rawalpindi: 25 Minutes Drive
The attractive location of the society makes it a better alternative for people looking to buy plots near New Islamabad Airport at affordable prices.
NOC Status of The Life Residencia
Major part of the society lies in Fateh Jang Tehsil of District Attock, so it falls under the Jurisdiction of TMA Fateh Jang. The society claims to have received all requisite NOCs from TMA except Environmental Protection Agency. Some part of the society falls under RDA jurisdiction, where planning permission has been received while application for NOC is under process.
The Life Residencia Islamabad Master Plan and Map
The Life Residencia has not yet released its map, however a basic master plan is available which shows location of different blocks planned in the society.
As you can see on the master plan, the society will comprise 5 residential plots, i.e. A, B, C, D and PHATA Blocks. A separate area is reserved for The Life Villas that will be built by the society itself. Central Commercial Area called District 360 is also marked on the master plan.
A large area is reserved for Mini Golf Course and Golf Club that will be developed for the residents. Future extension areas for farm houses are also marked on the master plan.
The Life Residencia Features & Amenities
The Life Residencia is planned to be a modern housing project. It will be a secured gated community where all modern amenities are planned like facilities for education, health, sports, business, congregation etc.
Following is the list of features and amenities planned in the society:
Hospital: The Society offers its own well-equipped modern hospitalDevelopment Status
The society has already started development work on the project. Main road, streets and related infrastructure development work is currently in progress. A site office has also been built in the society where you can get detailed briefing on the current progress and future development plans during your visit.
Following are some latest site images of The Life Residencia
Prices
The Life Residencia currently offers a limited number of residential plots at affordable prices. Plot sizes include 5 marla (25×50), 7 Marla (30×60), 10 Marla (35×70), 12 Marla (40×80) and 1 Kanal (50×90). Commercial plots and farm houses will be launched at a later stage in future.
Residential Plots
Following are the prices and payment plans of residential plots:
Commercial Plots
Following are the prices and payment plans of commercial plots:
Overseas Block
Following are the prices and payment plans of Overseas Block:
Please note that the given prices are inclusive of all Development Charges, so you won’t be asked for any development charges at the time of possession. Additional charges will apply in case of Category Plots, i.e. Corner, Park Face, Main Road plots.
Booking Procedure
Booking procedure is very simple and straightforward. You need to make down payment in the form of Pay order, Demand Draft, or Bank Deposit. Fill your booking application form and submit along with down payment and documents. Your application will be processed after verification of payment, and your file will be ready within 2 weeks.
Documents to be attached with application form are your CNIC/NICOP copy and a Passport Size Photograph.
Investment Potential
Since property prices along New Islamabad Airport have already gone very high, and there is still huge potential due to upcoming connectivity and commercial activities in this area, we can expect property prices to rise further after this area is connected with Rawalpindi Ring Road and CPEC Route.
As we already know that Islamabad Master Plan is being revised, and Capital Territory can be extended up to New Islamabad International Airport. Therefore, Life Residencia Islamabad could be one of the schemes that are likely to fall under CDA after revision of the master plan.
Population is already growing rapidly in this area as more and more people prefer to build their houses in neighboring housing schemes. The volume and momentum of investments are expected to grow further in next couple of years, therefore it is recommended to own a plot in this particular area for better ROI.
Final Word
The Life Residencia is the only housing project close to New Islamabad Airport where you can buy a residential plot at affordable prices and easy installments. Therefore, it is a recommended investment option today.
The project has good reputation in the market, and legal matters are quite safe, therefore you can shortlist this housing scheme as one of your future investment options that guarantee higher return.
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