Airport Green Garden: (A Growing Affordable Investment for The Best ROI)

Overview

Airport Green Society (aka Green Garden Housing Scheme Islamabad) is a new housing scheme located on Kashmir Highway next to the Top City-1 Housing Scheme and proved to be one of the best housing projects near New Islamabad International Airport.

Green Garden Islamabad is one of the RDA-approved housing schemes, a luxurious and Eco-friendly residential scheme in the beautiful vicinity of Islamabad.

The best part? They offer a competitive and premium housing Scheme at an affordable price.

It is one of the newest projects in the twin cities of Islamabad and Rawalpindi. 

It is the best housing project for future investment. Also, it is on the verge of the Islamabad-Lahore Motorway (M-2), Islamabad-Peshawar Motorway (M-1) and CPEC.

It’s the right place. Either you intend to invest or planning to have a dream home.

In fact: To know about a housing project’s pros and cons before deciding on buying or selling a plot in this scheme.
Let’s dive right in.

Location

Green Garden is on the main Kashmir Highway (now Srinagar Highway). It is easily accessible from Lahore-Islamabad Motorway (M2). The housing project is next to the Topcity Housing Scheme and the Mumtaz City housing project.

Nearby Landmarks

• Adjacent to Motorway M-2 and on Main Kashmir Highway (now Srinagar Highway)
• Mumtaz City
• Sector B-17 (MPCHS), Islamabad
• New Islamabad International Airport
• University Town, Islamabad
• MAE (Marble Arch Enclave), Rawalpindi
• Faisal Town E18 Islamabad
• G 15 Islamabad
• D17 Margalla Housing Scheme Islamabad

Head Office: (Where the head office is located?)

A question people many people ask about the location of the head office:

The head office is at Raja Haq Nawaz Plaza, Ground Floor, G-11 Markaz, Islamabad.

Accessibility

Airport Green Housing Scheme Islamabad is just a few minutes drive from New International Airport, Islamabad on the main Kashmir Highway.

Moreover,

it has another access from Cargo Road which connects New Islamabad Airport to Thalian Interchange.

[FURTHER MORE],

It is planned with all the smart city amenities and is just a few minutes drive from Islamabad sectors (F-10, F-11, G-9, G-10, G-11, G-13) making the society very prominent.

The area connects to the Motorway Interchange, the Srinagar Highway Extension and the China-Pakistan Economic Corridor (CPEC).

It is 29 KM away from Zero Point Islamabad.

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Here’s the Google map of AGG to guide you to the site.

NOC Status

One of the questions I often receive is:

What is a No Objection Certificate (NOC) mean in real estate? 

The No Objection Certificate (NOC) is a legal certificate issued by any agency, organization, institute or, in other cases, an individual allowing a real estate developer to develop a housing project legally.

In Pakistan, several Govt. departments issue NOCs in favour of Housing schemes/housing societies before starting to develop a housing project – (a few of them are):

1. Rawalpindi Development Authority (RDA)
2. Civil Aviation Authority (CAA)
3. Air Defense

Now,

a question arises in your mind.

Does it have NOC from concerned departments?

A simple answer to this question is: yes.

AGG Housing Society has obtained NOCs from all concerned departments RDA, CAA etc.

A question most people ask:

Is it Capital Development Authority (CDA) approved?

The answer is ‘No’ because it lies in Rawalpindi’s jurisdiction for the being time.

Layout Plan

A query I often receive from prospects is:

Does AGG have LOP approved?

The short answer to this question is “Yes”.

Below is the link to download the approved Layout Plan (aka Master Plan) Map:

Further details on the new approved map (updated) have been approved over an area of over 5100 Kanal of land.

As a result, RDA has uploaded the name of this housing scheme to their list of legal Housing schemes/Societies in Rawalpindi.

Offerings: (What Type of Properties Does It Have?)

The types of plots in AGG (investment options) are Residential, Commercial, Economy Residential Apartment plots, and farmhouse plots.

• Residential: 5 Marla, 8 Marla, 10 Marla, and 1 Kanal
• Farmhouses: 1938 sq. yd and 2180 sq. yd
• Commercial
• Economic Residential Apartments Plot

How many Phases of the Airport Green Garden?

Most people ask this question.

The short answer to this question is:

Only one phase.

How many blocks does the Airport Green Garden have?

It comprises three (3) Blocks named A, B, and C.

Developers

AGG’s developer is Aryan Land Linkers & Contractors (Pvt.) Ltd. (LLC) is an Islamabad-based construction company.

They are a team of professionals focused on delivering. They have developed many mega projects in the twin cities of Rawalpindi and Islamabad.

 Salient Features

• Modern Shopping Mall
• Modern Schools
• Security Surveillance
• Hospital
• Mosque
• Play Grounds
• Utilities (Water, Sui Gas, Electricity, Internet, Telephone)

Green Square Villas

The Green Square Villas is a well-planned international standard residential project has 5-Marla double-storey (3-beds and 4-beds) luxury villas. All these villas are equipped with Hi-class features and amenities.

Here are the details of Green Square Villas in Green Garden for sale.

Booking Price (Residential)

At the outset of 2018, the AGG’s price range for residential plots was:

Back in 2020, prices were revised by the management. The residential AGG Payment Plan was at the time when the booking was closed by the company.

Still, the prices of plots are pretty reasonable if I compare their prices to other private housing projects/societies.

A limited No of Plot on installment near the new Islamabad Airport is available to invest in.

Latest Prices of Residential Plots

A potential buyer can fetch the desired size of plots such as 10 Marla plot for sale, 5 Marla plot for sale and 1 Kanals plot for sale, as well as other sizes of plots, are also available for sale at prices given as under:

Latest Prices Residential Plots

Here are the current prices of plots on the market. File for sale to invest or buy to build a dream house.

5 Marla plot for sale in Islamabad on Installments is the minimum size and an affordable option.

Payment Plan (Residential)

The Payment plan of Green Garden Society has different sizes of residential plots including 5 Marla, 10 Marla, and 1 Kanal and farm houses plots of 4 Kanal on the 2-year easy installment plan.

Bookings start from a 30% down payment, while the remaining amount is payable in 8 equal quarterly installments completed in 2 years.

Below is the residential AGG Payment plan (Installment Plan) is flexible:

Note: Category plots (corner, main road, park facing) will cost 10% extra charges.

In case of double category, 15% extra charges will have to be paid.

AGG offers a 10% Discount in case of 100% upfront payment at the time of booking.

Available Residential Plot Size

1. 25’X50′ (5 Marla)
2. 30’X60′ (8 Marla)
3. 35’X65′ (10 Marla)
4. 50’X90′ (1 Kanal)
5. 80’X218′ (4 Kanal)
6. 90’X218′ (4 Kanal)

Registration Fee: Rs.5000/-

Main Road Plus Corner Charges: 15%

Main Road: 10%

Corner Plot: 10%

Park Facing: 10%

Payment Plan (Commercial)

The Payment Plan of AGG has different sizes of commercial plots including main commercial Markaz and mini commercial markets.

Below is the AGG payment plan applicable for commercial plots, however, you can choose your plot at the time of booking.

The AGG installment plan (Price List) of Commercial plots is here for ready reference:

How to Buy a Plot?

During the last 8 Months,

Investment in both residential and commercial plots by potential buyers, as well as investors, has increased by approximately 60%.

This is because houses and plaza construction works in TOPCITY-1 are in full swing.

Thus, allottees’ dreams come true and prices in Topcity-1 have increased.

Buying a plot in this growing housing scheme is relatively easy.

Latest News

Finally, property taxes were imposed by the government of Pakistan on the AGG housing project.

From 21-06-2021, AGG started to collect on behalf of FBR. Taxes imposed by the Government of Pakistan are:

• Advance Tax 236-C (Seller)
• Advance Tax 236-K (Buyer)

Each size may have a different schedule of payment so before the transfer of the plot. Contact the AGG office for the exact amount to be paid on account of the taxes.

Closing cost involves only transfer fees and agent commissions (if any).

Since the booking is closed for the last [ 7 ] Months to get a plot of the desired size you need to buy from the open market.

To get transferred the plot, the following Transfer fee will be applicable:

Transfer Fee (Residential Plots)

Transfer fee to be paid by buyer for transfer of residential plot in the shape of pay order/cheque in the name of the company as per the size mentioned below.

One query I often receive is:

What is the Account No? and bank details of the AGG for depositing installments of the plot?

Below are the bank details for depositing installment/making payments.

At the time of making a Pay order (PO), bankers also demand the bank details:

Bank Alfalah Ltd. G-11 Markaz Branch, Islamabad

Title: Airport Green Garden Pvt.Ltd

Account No: 0234-1005316578

IBAN No: PK39ALFH0234001005316578

NTN No: 7273983-3

Branch Code:0234

Transfer Fee

A question I commonly get is:

What is the cost of the transfer fee?

Below are the transfer fee details:

A transfer fee is the amount of money required to pay for the transfer of the residential plot at AGG by the buyer:

Airport Green Garen Transfer Fee (Commercial Plots)

Here’s the list of transfer fees for changing a title from one to another for commercial plot size:

A transfer fee is the amount of money one has to pay for the transfer of the commercial plot at AGG by the buyer:

Transfer Procedure: (How is the transfer done for a Residential/Commercial plot from the allottee to a buyer?)

I’ll walk you through the whole process.

Ready?

The transferor (seller) and Transferee (buyer) must be present in the AGG office before the Transfer Officer for the plot transfer.

However,

You might be scratching your head thinking:

What does a buyer do in case a buyer is not in a position to be present at the time of transfer?

If a buyer can not visit AGG at the time of transfer, then a buyer can nominate a person on his/her behalf through an Authority Letter.

Likewise, what to do if a seller is not in a position to come to AGG Head Office for the transfer of a plot?

Here’s the deal.

The seller makes an attorney in which he nominates a person having a CNIC holder on his/her behalf who then acts as the seller’s representative and makes a transaction.

Sellers are required to submit the following documents:

• Affidavit from seller
• Allocation Letter/Allotment Letter
• A copy of a valid CNIC
• 2 witnesses

Buyers are required to submit the following documents:

• Undertaking from Purchaser
• A copy of a valid CNIC
• Registration Form (Issued against an Allocation Letter from AGG Office)

Development Updates

Below is the breakup of development works progressing blockwise in Airpot Green Garden society:

Block A

The Block A of Green Garden Society is situated right opposite Block D of TopCity. Many allottees of residential plots in Block A have started building their housing.
For this purpose, out of the WAPDA interim connection, AGG provides electricity by installing a sub-meter at the premises. On top of that, they also arrange water for construction.
Some area of block A is non-possession meaning you don’t allow for the time to do construction work.

Block B

In Block B, approximately 80 residential villas are in full swing under development. The roads are carpeted.
Security staff is inducted on site and street lights are on at night for security surveillance.

Block C

Currently, the development works are in progress in the Block of AGG. The levelling and dressing are on the way.

Recently,

The Airport Garden Housing Scheme Islamabad management has decided to make the development standards high and has planned exclusive projects of Villas and state-of-the-art commercial buildings.

Possession Process

AGG giving away possession in most of the parts of the scheme so that interested allottees build houses.

To get a possession letter, you need to deposit the possession fee in the company account and submit an application in the name of “Directors AGG”.

With that said, make an undertaking (from the allottee) and submit it along with the application for issuance of NOC and possession letter.

Electricity

The demand notice issued for AGG electrification from WAPDA was deposited.

The WAPDA established an interim connection to illuminate street lights and tube wells.

Further, underground electrification is done in most of the parts of Block A.

Sui Gas

The management has paid the amount SNGPL as per the demand notice.

Civil works:

The earth digging started last month as we lay down Sui-Gas pipelines.

Furthermore, in Block A a large no of houses are in the construction phase.

Likewise, in block B around 80 villas are under construction.

Road Networks

They have designed a 30-foot wide carpeted road, while the main roads stretch up to 150 feet.

Due to COVID-19, as per the GOP directions remained stopped, causing a few months of delay.

But now, the development is resuming and progressing at its full pace. Reliable sources assure us that the AGG will hand plot possession to allottees within two years.

Balloting of plots

Great NEWS!

The management of AGG has achieved a milestone.

Keeping this in view, you will get answers to your queries in the AGG balloting blog post.

Conclusion:

In SUMMATION,

There you have it!

Buying a plot in a housing scheme entails several risks,

ICONS) Investment Consultants concludes that it is located right next to the Top city, Islamabad and is one of the RDA approved Societies 2023.

I highly recommend you visit this housing project if you intend to build a house or invest in Green Garden Islamabad for better Return On Investment (ROI) in days to come.

I believe that investing in this housing project would be a good investment now for the best ROI in days to come.

Back in 2020, I wrote this and proved it now. 

You might be scratching your head, thinking, how is it possible? Stop scratching your head and it becomes true within 2-year.

The best investment on earth is earth.

– Lousis Glickman

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FAQs Airport Green Garden

I hope you enjoyed our blog post about this growing housing project.

Now I’d like to hear from you:

Or maybe you want to invest in this housing scheme,

Either way, let us know by leaving a comment below right now.

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