Blog

Gateway by Premier Choice International: The Epitome of Functionality and Innovation

By Premierchoice,

Gateway by Premier Choice International: The Epitome of Functionality and Innovation

Nestled in the heart of Jumeirah Village Circle, Gateway by Premier Choice International is set to redefine innovative living with a unique blend of functionality and modernity. This remarkable project, currently under construction, is witnessing rapid development, promising to bring a new standard of living to the vicinity.

Under Construction: Building the Future

Following the successful track record of Premier Choice International’s developments in Dubai, Gateway is the third residential building under construction by the developer. Known for their rapid construction pace, Gateway honors the legacy of Premier Choice International as it swiftly emerges from the foundation stage.

A Customizable Lifestyle of Leisure and Luxury

Gateway stands out with its unique features as it allows homeowners to customize their living spaces completely through the selection of their apartments’ tonality. Understanding the vast preferences of modern homeowners, Gateway offers two distinct interior themes: a light and radiant interior and a dark and alluring interior. Moreover, to ensure maximum comfort Gateway allows the choice between open and closed kitchens.
With an array of amenities designed to cater to the diverse needs of its residents, Gateway boasts striking amenities such as a rooftop padel tennis court, an outdoor cinema and BBQ area, spacious patios, and an iconic infinity pool to unwind and take in Dubai’s hypnotic skyline.

Tech-Enabled, Innovative Living Spaces

Gateway ensures there’s a perfect home for everyone through a vast offering of studio apartments, one-bedroom apartments, two-bedroom apartments, and two and three-bedroom duplexes. Each unit is meticulously designed to maximize space and comfort, providing an ideal living environment. To truly innovate the lifestyle experience at Gateway, each apartment will be tech-enabled with card access control systems and feature virtual assistance technology, including Amazon Echo Show 10 (3rd generation) and Orvibo smart panels, to ensure a seamless and connected living experience.

Catering to Modern Families

Understanding the evolving needs of modern families, Gateway incorporates several innovative facilities and amenities. Tech-based early learning centers are integrated into the building, to ensure a futuristic lifestyle for growing minds. Co-working spaces are available for professionals seeking a flexible and productive work atmosphere, while indoor and outdoor leisure areas offer numerous options for relaxation and entertainment.

A Vision of the Future

As construction progresses rapidly, Gateway by Premier Choice International is poised to become a landmark development in Jumeirah Village Circle. With its comprehensive amenities and thoughtfully designed living spaces, Gateway promises to deliver an unparalleled living experience that seamlessly blends functionality and modernity.
Stay tuned for more updates as Gateway continues to take shape as it paves the path toward an innovative lifestyle!

Hilton Team’s Exclusive Visit to Premier Choice International’s Headquarters and Grand Orchard Site in Islamabad

By Premierchoice,

Hilton Team’s Exclusive Visit to Premier Choice International’s Headquarters and Grand Orchard Site in Islamabad

The Hilton team paid an exclusive visit to Premier Choice International’s headquarters in Islamabad, and the Grand Orchard site in DHA Phase 1 in light of the collaboration between the two industry leaders. The visit was of significant importance as it explored the future potential of the collaboration, with particular attention to the launch of the Hilton Garden Inn in Grand Orchard, DHA Phase 1, Islamabad. The visit included a thorough site tour and productive discussions, which prepared the ground for an empowered collaboration between Hilton and Premier Choice International.

A Grand Welcome at Grand Orchard:

The Grand Orchard site in DHA Phase 1, Islamabad, where the Hilton Garden Inn is scheduled to be located in the spectacular Grand Orchard Tower A, served as the focal point of the trip. The team from Hilton was welcomed by the senior management at Premier Choice International, along with the Engineering Team designated to undertake the construction at Grand Orchard. The site tour offered a glimpse at the processes that are taking place to provide the exceptional experience that Hilton Garden Inn’s presence promises to offer.

Exploring the Grand Orchard Tower A:

The Hilton team had the opportunity to see Premier Choice International’s advancements and development milestones firsthand during the site visit at Grand Orchard. Visitors to the tower were guided by the engineering team as they studied they shared the intricacies and measures that are being taken to ensure that Grand Orchard exceeds expectations and creates a new benchmark for developments in the region. Hilton Garden Inn is set to be operational in Grand Orchard Tower A, with 115 hotel rooms, a plethora of amenities, and the finest level of hospitality.

A Successful Gathering of Minds:

The teams met at Premier Choice International’s headquarters in Islamabad for a presentation and an insightful conversation after the site visit. The discussion was an opportunity for both sides to share their perspectives while highlighting the current successful building milestones and coordinating their shared vision for Grand Orchard’s future. The Hilton team praised Premier Choice Internationa’s team for their commitment to delivering the best.

The trip was a significant first step towards Hilton and Premier Choice International working together seamlessly. During the conversations, it became clear that the two prestigious organizations shared the vision of hospitality and dedication to client satisfaction, highlighting the ideal fit between them. The teams working on the Hilton Garden Inn at Grand Orchard Tower A are enthusiastic about the possibility of developing a top-notch hospitality experience that will raise industry standards.

Looking Ahead:

The Hilton team’s visit to the headquarters of Premier Choice International and the Grand Orchard location in Islamabad was a successful meeting between two visionary teams. It strengthened the connection between the two organizations, ensuring a solid basis for a fruitful relationship. The expectation for the opening of the Hilton Garden Inn among enthusiastic tourists and local residents is growing as Premier Choice International makes substantial advancements in the construction of Grand Orchard.

In Conclusion,

The Hilton team’s visit to the Premier Choice International headquarters and the Grand Orchard location in Islamabad was a significant occasion that marked the start of a promising partnership. This relationship is one to keep an eye on because of the common dedication to quality and the shared goal of offering unparalleled hospitality experiences. The Hilton Garden Inn promises a blend of world-class luxury and warm Pakistani hospitality, creating an exceptional stay for all of its visitors as it gets ready to grace the majestic Grand Orchard Tower A.

Premier Choice International Signs with Hilton Garden Inn to Bring the Leading Hotel Chain to Grand Orchard in DHA Phase 1, Islamabad

By Premierchoice,

Premier Choice International Signs with Hilton Garden Inn to Bring the Leading Hotel Chain to Grand Orchard in DHA Phase 1, Islamabad

The iconic Grand Orchard in DHA Phase 1 in Islamabad will experience a new era of luxury and relaxation thanks to Premier Choice International’s cooperation with Hilton Garden Inn, a renowned hotel chain. In one of Islamabad’s most sought-after areas, our partnership seeks to reinvent hospitality and real estate development by establishing a new benchmark for excellence.

Orchard Boulevard Community

The Orchard Boulevard Community in DHA Phase 1 is positioned to become the next commercial and residential core of the twin cities because it is within a short distance from important landmarks like GT Road, Fauji Foundation University and Hospital, and it is next to DHA 1’s main entrance. Residents and visitors will benefit from unequalled convenience and accessibility to the best that Islamabad has to offer thanks to its excellent location.

In connection with this exciting project, Premier Choice International will be in charge of managing the construction of an exceptional 120-room Hilton Garden Inn right in the middle of Grand Orchard. This outstanding hotel will stand as a shining example of elegance, providing discerning visitors and locals with an elegant fusion of luxury, facilities, and comfort. Continually elevating the bar for real estate development is something Premier Choice International takes great pride in. By incorporating hospitality into Grand Orchard’s design, they hope to create a setting where both residents and visitors can enjoy the pinnacle of affluent living and unmatched service.

The strategic partnership between Hilton Garden Inn and Premier Choice International is aiming to garner an exceptional advantage due to its ideal location. Its close proximity to GT Road, a significant thoroughfare, makes travel and exploration simple. Furthermore, being close to the prestigious Fauji Foundation University and Hospital ensures convenience for guests looking for top-notch medical and educational services. Additionally, its proximity to DHA 1’s main entrance guarantees simple access to other areas of Islamabad.

The Hilton Garden Inn, Grand Orchard, offers a plethora of first-rate amenities to its guests. Every encounter will demonstrate the hotel’s dedication to providing outstanding service, making certain that each visitor’s needs are attended to with friendliness and individual care.

Conclusion

The partnership between Premier Choice International and Hilton Garden Inn to deliver a well-known hotel brand to Grand Orchard in DHA Phase 1, Islamabad, is a crucial turning point in the development of upscale real estate. The merger of first-rate lodging and top-notch service will alter living standards in the area. With its outstanding blend of elegance, convenience, and unmatched service, the Hilton Garden Inn at Grand Orchard aims to be a legendary location.

Elevating Standards: Premier Choice International’s ISO 9001:2015 Certification and the Pursuit of Construction Efficiency

By Premierchoice,

Elevating Standards: Premier Choice International’s ISO 9001:2015 Certification and the Pursuit of Construction Efficiency

Premier Choice International, a leading name in the real estate industry, is proud to announce its recent achievement of ISO 9001:2015 certification. This prestigious certification is a testament to Premier Choice International’s commitment to ensuring efficiency and excellence in its construction processes. By attaining this certification, Premier Choice International sets a new standard for real estate development, not only in Pakistan but also on a global scale.

The ISO 9001:

2015 certification is an internationally recognized standard that focuses on quality management systems. It validates an organization’s dedication to consistently delivering products and services that meet customer expectations while adhering to applicable regulations and quality standards. Premier Choice International’s successful certification showcases its dedication to providing the highest level of quality, reliability, and customer satisfaction in every aspect of its operations.

This achievement is a source of great pride for Premier Choice International. It reflects the company’s unwavering commitment to excellence and its continuous efforts to enhance its construction processes. By adhering to the rigorous standards set forth by ISO 9001:2015, Premier Choice International demonstrates its focus on improving efficiency, optimizing resources, and delivering projects of the highest caliber.

At Premier Choice International, the core value of adding value to real estate interactions lies at the heart of everything they do. The ISO 9001:2015 certification further reinforces this commitment by ensuring that clients receive unparalleled quality and service throughout their real estate journey. From concept to completion, Premier Choice International strives to exceed customer expectations and deliver exceptional results.

This certification is not only a recognition of Premier Choice International’s dedication to quality but also a testament to its forward-thinking approach and innovation in the real estate industry. It positions the company as a trailblazer, setting new benchmarks and raising the bar for the entire sector.

Premier Choice International’s ISO 9001:

2015 certification serves as a reassurance to its clientele that they are partnering with a company that places quality and customer satisfaction at the forefront. It instills confidence in investors, buyers, and stakeholders, affirming that Premier Choice International is committed to delivering projects that meet the highest standards of excellence.

In Conclusion,

Premier Choice International’s achievement of ISO 9001:2015 certification is a significant milestone in its pursuit of excellence in real estate development. This certification sets a new standard in the industry and demonstrates Premier Choice International’s unwavering commitment to efficiency, quality, and customer satisfaction.

Real Estate in Islamabad

By Premierchoice,

Real Estate in Islamabad

There are a number of reasons why Islamabad is a great city to invest in. The more people who move to Islamabad and the more development projects that happen, the better it is for you as a real estate investor. Property rates in Islamabad have been good in recent years, and they’ll keep improving. If you are looking to make an investment in the real estate in Islamabad, look no further than Premier Choice International.

We as an industry-leading real estate developer are dedicated to maximizing clients’ benefits and for this, we provide an easy booking and dealing process. At Premier Choice International, we take pride in our clear, precise, and easy-to-understand dealing process. Keeping in mind the best interest of our clients, we ensure that they get the most benefit from their booking, and for that, our booking process is tailored to help our clients choose the best option according to their budget, demands, and what they are looking out for from their investment.

As you begin your search for properties, our sales experts will provide you with a complete understanding of the type of property you are looking for. In addition to maps, location sitemaps, videos, images, and walkthroughs, the project details will also include visuals and 3-D displays. Our real estate agent will also give you a site tour so you can better understand the property’s size.

After our client has decided which real estate property they want to invest in, we assist them to narrow down their choices and make sure they make the right choice. We make sure that our clients understand the advantages and limitations of their choices by guiding them through this process.

If you intend to move forward Premier Choice International invites you to schedule a meeting with the agent at any convenient time and visit our office. Once the client is ready to proceed with their investment with us, our sales expert will ask you to fill out an application form and other documentation. After making the down payment or booking fee, you just need to review the details of the file, and then you are ready to move forward intelligently.

We’re one of the top real estate agencies in the business. With over a decade of experience, we know how to get the job done right. Premier Choice International has been offering multiple real estate investment solutions making it a one-stop for all your commercial and residential property needs. These investment solutions include:

Real Estate Investment

Professionals from our team will help you throughout the process to make the best investment in real estate.

Real Estate Consultancy

By keeping the concerns and benefits of the client in mind, Premier Choice International provides its clients wanting to invest in the Pakistani real estate market with expert consultancy and investment advice.

Property Management

In order to help our clients make the most of their wealth, Premier Choice International offers outstanding property management and planning services.

Common Real Estate Investment Mistakes You Should Avoid

By Premierchoice,

Common Real Estate Investment Mistakes You Should Avoid

If you are planning on entering the real estate market and investing in it, you may want to come up with a strategic and practical decision that saves your time, energy and provides decent outcomes. No matter where or how you invest, you cannot expect to succeed overnight. The real estate market is highly competitive and thus, requires knowledge, experience, and skill. To make sure you are heading in the right direction, you need to avoid common real estate investment blunders. But first, let’s get to know what they are.

Not Planning Ahead

Avoiding pre-planning is one of the most common mistakes an investor in the real estate sector may make. When making an investment decision, you need to consider both the short-term and long-term impacts that it may have. After deciding what type of property you are looking for, you need to consider several other factors. These include your property’s payment plan, rental returns, maintenance costs, capital growth potential, and possible future depreciation. Most importantly, do not rely on luck and try to rush through the process.

Lack of Market Research

Being a part of a hot market, skipping on market research can land you in a lot of trouble. Pre-planning and market research needs to be done simultaneously. This will assist you in easing up your decision-making. Furthermore, it will help you increase your market knowledge so you can save yourself from fraud, potential loss, and scams!

Doing everything by yourself

Consulting a trusted real estate agent or an expert with adequate market knowledge should be a rule of thumb, especially if you are new in the real estate business. Mostly, these experts also have links with attorneys, other homeowners, contractors, tax accountants, insurance representatives, and home inspectors who can help you during the entire process of buying a property. A trusted and qualified real estate agent will let you know of the dos and don’ts when purchasing, renting, or selling property. Consulting others for advice will help you determine whether or not you are heading in the right direction.

Choosing the wrong real estate agent

Keeping in view the aforementioned point, a real estate agent may not always work in your favor. Finding someone you can trust in the real estate industry can be a challenging feat. It is your responsibility to run a background check on him to determine whether the agent has the market knowledge, significant experience, and an authentic portfolio. It is a good idea to get a referral from a friend or relative who has previously dealt with a real estate agent. If your chosen real estate agent is not verified or does not own any licenses, you may easily end up falling victim to scams and lose your hard-earned money.

Overspending

Overbidding on a property might result in a cascade of issues. You could overextend yourself and take on too much debt, resulting in payments that are greater than what you can afford. As a result, recouping your investments might take quite a lot of time. It may be a good idea to simply check for similar property prices on real estate websites or in the local newspaper. It is very straightforward to know that you should aim to keep your offers similar to previous house sales in the vicinity unless the property that you are buying has special amenities that are expected to increase its value over the passage of time. Moreover, having patience and negotiations with your real estate agent may help you cut down on some costs.

Conclusion

All in all, diligent research, patience, and strategic decision-making can greatly help you make your real estate investment process smooth. Before you step into the industry, know that the process is not something easy. Thus, if you are looking to invest in real estate in Pakistan with a trusted and renowned real estate developer, Premier Choice International is the one to go with. Since Premier Choice International’s conception, we have aimed to deliver superior investment returns to our multinational clientele. In addition, we specifically specialize in Real Estate Development, Domestic and International Brokerage, Property Management, and Investment. Along with our proven reputation, we focus on growth and expert value engineering to ensure an unmatchable nexus between our trust and your capital growth. Currently, Premier Choice International has active operations in Dubai, Islamabad, and New York City.

Things to Consider When Choosing a Real Estate Agent

By Premierchoice,

Things to Consider When Choosing a Real Estate Agent

Whether you are looking to buy, rent, or sell property; it is a good idea to carry out a bit of market research and have some insights before you make a final decision. There are plenty of risks involved when dealing with property or in similar competitive markets. Thus, you may want to consult a reputable real estate agent who has the know-how of the current real estate industry and its trends. Since there is a large pool of options to choose from, finding someone experienced, trustworthy, and reputable may be a challenging feat. It is crucial for you to connect with an experienced and reputed agent or organization. Otherwise, you can easily fall victim to scams or property fraud which, unfortunately, is getting more common day after day. Such agents may try to dig for an extra commission by offering you higher prices when you buy the property or lower prices when you sell it. Here are some things you need to keep in mind when entrusting yourself with a real estate agent.  

Carry out your own research

When you’re looking for a real estate agent, keep several options in hand. Before choosing the first option you find legitimate, don’t make the decision hastily. Instead, do some research on all the options you have found, then shortlist one or two. 

View their work portfolio

Having a look at the agent’s work portfolio will allow you to evaluate his knowledge and experience. It will also give you details regarding previous projects he has worked on, and what types of projects he plans on competing in the future. Most agents and companies have their portfolios listed on their official websites. Browsing their website may also provide you with reviews and testimonials of other homeowners. 

Assess their honesty

Once you have shortlisted the agents, you can run a background check on them to assess their honesty and trustworthiness. You may ask the agent for the pros and cons of the property they are selling to you. If they repeatedly mention the pros and simply ignore the cons, then they are most probably bluffing. In case it is possible, getting in touch with their past clients or other realtors for their reviews might help you in this regard. If their experiences were hassle-free, then it is likely that the real estate agent is good at what he does. 

Good communication skills

This can be an essential aspect when dealing with property contracts. Having solid communication skills would allow the agent to better understand your requirements and provide you with suitable options. It can also be the key to getting negotiations settled when buying the property. 

Market knowledge

A real estate agent should have complete knowledge of the current market trends, pricing policies, and legal proceedings. You must also make sure that they are licensed and certified. 

Referrals

References from trusted members of your social circle, whether friends or family, are an effective way to discover a realtor. Whenever presented with a long list of alternatives and limited knowledge, allowing another person to lead you in the direction of a specific trusted agent with whom they had a good experience is important and very helpful. Other than asking for references from individuals that you’ve known well, it is also beneficial to receive references from the families living in your neighborhood that have similar tastes, lives, histories, and other aspects as you. 

Interview of Agents

Taking an interview is a part of the selection, whatever the case may be. Interviews are for getting an overall idea about the person, his vibe, his aura, his punctuality, and his seriousness. An interview tells us where exactly a person stands. While interviewing a realtor, you learn about his experience, methods, and recommendations. 

Prioritize Skill

You get all of the information required to make an ultimate decision at this stage in the choosing phase. Consider the following principal questions when coming up with a verdict based on the knowledge you finally gather:

Who has the most knowledge of the local market? Who has more experience dealing with customers like yourself? Who has the most positive feedback? Who reduces the most money for buyers?

In the end, it is important to realize that the right realtor will always give you the best options according to your convenience. That is how you will know which one is the right one for you. Make a smarter choice; entrust yourself with Premier Choice International!

House Financing in Pakistan

By Premierchoice,

House Financing in Pakistan

Housing is a basic human necessity but its increasing rates in the real estate market can be a major hurdle for people, especially those who live in developing countries like Pakistan. Mostly, people who desire to buy a house cannot afford it all on their own and hence, require loans from private lenders such as banks, credit unions, and mortgage companies. Many banks provide low-cost housing plans offering affordable house loans to lower and middle-income families. This is referred to as House Financing, which can be divided into two main categories:

  1. Conventional house financing in which loans are provided to you. These have to be paid off, coupled with an interest, in order for you to gain complete ownership of the house.
  2. Islamic house financing in which you and your bank buy the property. Eventually, you have to periodically pay off the bank’s share to gain ownership of the house. This is also known as Diminishing Musharakah.

As you prepare yourself to buy residential property, you will need to learn everything possible about house financing and mortgages. This is one of the biggest points of confusion, worry, and downright failure for many would-be homeowners as inadequate knowledge and mismanagement of funds can end up disastrous for already struggling house buyers.

Procedure for House Financing

Step 1

The first step is getting in touch with an institution that is involved in the business of house financing. In Pakistan, numerous commercial banks, whether private or state-owned, are engaged in the business of house financing like the Apna Ghar scheme of the Bank of Punjab (BoP). Other banks like UBL, HBL, and MCB also deal in providing financing plans for housing. An institution that stands out in this business and is purely devoted to this task, is the government House Building Finance Corporation (HBFC). Nonetheless, you may select any institution as per your preferences.

Step 2

Contact the selected institution and apply for the house financing scheme on the prescribed application form provided by the institution. You may be charged an application fee for this process. The institution would then normally demand the following documents from you:

  • Your Computerized National Identity Card (CNIC)
  • Your income certificate
  • Tax return of Federal Board of Revenue (FBR)
  • Any other document specified in the requirements of the company you have chosen
  • Details of your present residential status.

Step 3

Once all required documents are verified and you are proven eligible, the institution provides you with a number of options. These are:

  • The institution provides you with a housing option as per your mentioned requirements.
  • You get to choose a house in any preferable area of the city and request the institution to handle extra payments on your behalf.
  • You can search for residential plots and construct your house on it as per your liking. 

Step 4

The institution then appoints a team of professionals to determine your financial capacity. These teams usually gather details regarding your sources of income, financial resources, and whether you have taken any loans in the past. Once the institution is convinced that you are a trusted and qualified individual, they grant you the loan as per agreements. An advance amount of payment would then be paid by you in favor of the institution, which is termed as a down payment. The percentage of this down payment may vary amongst institutions. With the clearance of this fee, you will be provided with an installment plan which will provide you with details of what payments you will be making monthly, and for how long. If you fail to pay these installments, the bank holds the right to file legal action against you. Further details about legalities are mentioned under the Terms & Agreements section of the contract. 

Pros and Cons of House Financing:

Pros

  • Home loans ensure that you become a homeowner despite the increasing rates of land and construction costs.
  • You can pay off the house loan in monthly installments in case the amount is lower than your monthly income. The duration over which the loan is to be paid can be chosen based on your age and the years left for your retirement.
  • You are subjected to receive income tax benefits. The amount of tax that has to be paid to the government is minimized as the money that you pay as interest, is deducted from the overall income tax value.

Cons

  • Even though the interest rate on a house loan is lower than other loans, you eventually end up paying significantly more than the amount you initially borrowed.
  • Another downside of house financing is long repayment periods.
  • You cannot possibly expect any profit.
Considering the aforementioned points, you can determine whether you can afford to borrow a house loan or not. If you do sign up for it, you should always look out for the consequences and risks involved in such dealings.

Why Buy Property in Islamabad

By Premierchoice,

Why Buy Property in Islamabad

Islamabad, the capital city of Pakistan, is administered by the country’s Federal Government. Being an economic and diplomatic hub with a large population; Islamabad is an ideal place for standard living and a hotspot for new opportunities. Although it is often labeled as a boring city, such statements are not at all true. In fact, Islamabad enjoys having natural vistas which give the city its very own aesthetic. The capital has rapidly developed over the past few years making it a preferable property investment choice for many well-off families. Several organizations like CDA are working on the city’s development, and many other real estate projects in Islamabad are in the works. Furthermore, real estate developers like Premier Choice International are also planning future projects for further development and opportunities. Let’s dive into more details on what the capital city has to offer and what are the perks of investing in property here! 

Access to basic services and resources

Being a relatively newer city than other cities of Pakistan, Islamabad is a well-planned city with the best infrastructure and access to amenities. Electricity, water, and gas supply are readily available in all areas of the city. Moreover, recreational community parks, hotels, restaurants, reputed educational institutes, hospitals and clinics, shopping malls, marketplaces, and fitness centers are widely spread across the city’s sectors. Real estate development projects continue to attract local and foreign investment with luxurious housing scheme projects like Bahria Enclave. All such gated housing societies promote a sense of community living. Being a well-organized city, Islamabad further has efficient transportation, sewerage, and a security system. In a nutshell, the city packs almost everything that its residents could possibly want for a relaxed and pleasant lifestyle. 

Security and Safety

With a central and strategic geographical location, Islamabad is also considered a safer city in terms of security. Concerned authorities fully play their role in strictly maintaining law and order in the capital. Several populated areas have police check posts while the roads are patrolled by Islamabad Traffic Police 24/7. The Islamabad Safe City scheme is also introduced to strengthen the city’s overall security. The majority of the houses in residential blocks have CCTV systems and armed security guards present on-premises. This explains why the capital is also proven to have a lower crime rate when compared to other larger cities like Lahore and Karachi. Having more security and safety may allow industrialists to make the shift to Islamabad. Hence, the city has the potential to become a financial hub of the country in the near future. 

Nature and Recreation

If you consider yourself a nature-lover, there is no other place like Islamabad for you. The city is surrounded by the picturesque Margalla Hills and engulfed in greenery. In case you have gained enough of the cultural and historical insights the landmarks provide, switch things up a little and connect yourself with nature. Either hike up the adventurous trails of Margalla Hills National Park and enjoy mother nature’s serenity or get awestruck by visiting the scenic viewpoints of Daman-e-Koh and Monal. The Margalla Hills National Park is also home to a rich variety of flora and fauna. Due to the city’s higher altitude, the people of Islamabad get to experience pleasant weather throughout the year. Other locations where you can feel closer to nature include Islamabad’s Bird Aviary, Fatimah Jinnah Park, Shah Allah Ditta Caves, Lake View Park, and Rawal Lake. The city offers a serene, pollution-free environment that is free from the hustle and bustle of busy urban towns. 

Gateway to Popular Tourist Destinations

Although tourist attractions are dotted around the entire capital, Pakistan’s Northern areas remain the most popular spots for tourism and traveling. Due to its central location, all traffic towards Northern areas has to pass through Islamabad, making it a busy gateway. However, due to the state-of-the-art infrastructure and well-maintained carpeted roads, the traffic flow is smooth. The expressway makes a drive to the hilly areas of Murree approximately 30 minutes in duration. Other destinations such as Swat, Naran Kaghan Valley, and Fairy Meadows are all easily accessible with Islamabad being the starting point.  Several other hidden gems can also be found on the city outskirts, especially ahead of Monal Restaurant. These include waterfalls and springs like Neela Sandh, hillside cafes, and hilltop resorts like Highland and Whispering Pines. All these destinations allow you to plan a relaxing one-day trip to free up your mind on the weekends. 

Return on Investments

As the capital continues on its path of development, the prices of residential and commercial plots increase alongside. Prices tend to go up for almost all types of properties. Sectors B-17 and D-12 are currently being developed and are already attracting a bunch of investments. The majority of these areas are bringing about a significant return on investments (ROI). In the long run, property prices are expected to be driven up further. 

Considering all such factors, it can be undoubtedly said that Islamabad is one of the best places to live in Pakistan. It is continuing to become a sprawling modern city and attract investments. 

Tips to Protect Yourself from Property Fraud

By Premierchoice,

Tips to Protect Yourself from Property Fraud

Pakistan’s real estate industry has experienced growth trends in recent years, and it is expected to continue. Careers in real estate prove to be a highly profitable and reliable source of income. Therefore, property in Pakistan is a viable investment opportunity for people. Considering the fruitful outcomes, like many others, the thought of purchasing or investing in property may have also crossed your mind. However, achieving anything in such a competitive market brings along hurdles and challenges. Fraudsters and scammers are always on the hunt to deceive people through illegal means for the sake of personal gains. Regardless of whether you are looking to buy or invest in property, we at Premier Choice International can help you act smartly in order to avoid scams and save yourself from the nuisance of property fraud.

First, let’s get to know the common types of property fraud in Pakistan. 

Forged Documents

This is the most common type of fraudulent activity that you might come across while dealing with property documentation. Bill copies, registration papers, etc. are commonly forged for unethical purposes. It is important to double-check all original documents and copies to confirm that they are stamped and verified. As an additional measure of assurance, legal services should be utilized to determine the authenticity and integrity of all property documents that are handed over to you or which require your signatures. Such documents should further not be shared with any third parties or on any digital/online platforms. A renowned real estate agent or experienced lawyer may be of help to you in this case. 

Purchasing/Investing in Unseen Property

We all know that seeing is believing. When considering buying property, it is crucial for you to actually visit the location and see for yourself what you are buying. Online pictures, videos, posts, or similar claims should never be fully trusted. It is also important not to practice finalizing property deals on online web forums or social media platforms. Furthermore, closing the deal on phone calls or the internet, and making transactions is just the equivalent of shooting yourself in the foot. If you are browsing for property online, avoid clicking on suspicious links and ads which may redirect you to a malicious webpage. Online scams aimed to steal confidential data, like phishing, are also extremely common nowadays. Online Buy & Sell platforms are often used by sellers to post ads for different properties for sale or rent. Unverified listings are usually labeled with too good to be true prices and fake or edited images to attract potential buyers. Even if some ads are legitimate, these images used can be rendered with extra effects whereas the reality could differ. Similar indicators can be used to identify fake property listings. Thus, before making your final decision, always visit the property yourself and consider following any other proceedings in person.

Selling to More than One Client

Some scammers have now found a way to fill their pockets by selling the same piece of property to two or more clients at once. These individuals usually insist on having advance payments made in their favor by their potential clients. Once they receive a hefty sum of payments, all they do is simply run away. To avoid falling victim to such hoaxes, always deal with well-known real estate developers who have a strong work portfolio, such as Premier Choice International.  

Untrusted Real Estate Agents and Sellers

This is yet another unfortunate scam that is getting increasingly common in Pakistan. Third parties or unverified companies pretend to be real estate agents, whereas they are just fraudsters with malicious intent. These so-called property sellers often make false price claims and list distorted details about what they are selling. In reality, they have no knowledge of the real estate market, and their sole aim would be to get advance payments from you. It is thus always a good idea to run a background check on the property agent you are working with. If their agency has an online website, you should have a look at their projects and online portfolio. You may also come across client reviews and testimonials on their website or social media channels to determine whether they can be trusted or not. As discussed above, you should keep an eye out for any suspicious details about property dealers and sellers who approach you. Before sharing any personal details or confidential data with these sellers, make sure you have met them in person. It is also a good idea to keep a copy of their CNIC and contact information before you finalize any deal. 

Now that you are aware of fraudulent practices in Pakistan’s real estate market, make sure you visit an experienced, licensed, and renowned real estate agency when you are looking to buy, sell or rent a property. 

These tips are guaranteed to significantly reduce the probability of you getting scammed. In case an offer attracts you, and you are looking forward to sealing the deal, make sure to keep the aforementioned points in mind. Else, you will simply be subjecting your hard-earned money to risk! 

Get in Touch
With Us!

Addresses

Pakistan Office
+(92) 51-8738545 / 459
Plot No. 67 A-1, Bahria Food Street
Bahria Springs North Commercial, Phase 7, Bahria Town, Islamabad, Pakistan.

Dubai Head Office
+971 4 591 7499
Office 1013, Onyx Tower 1, Greens,
Dubai, UAE

Subscribe to Our
Newsletter

Email us at

Find us on Social Media:

Facebook Twitter Instagram Linkedin

© 2023 Premier Choice. All rights reserved.

 

FAQs

Privacy Policy

Terms & Conditions