Mall of Islamabad

Introduction

The Mall of Islamabad is a CDA-approved 20-story, 910,000-square-foot, 500-foot-high luxury mixed-use multi-purpose mall opened in 2015. In 2014, work on the project began. The property, which was developed by Asia’s largest real estate developer Bahria Town Pvt. Ltd and built by DISCON Construction is almost finished. The mall is situated in a prime location on Jinnah Avenue, between the Islamabad Stock Exchange and the Pak-Saudi Tower. After completion, the tower will be among the top ten tallest structures of Pakistan.

There are four portions to the Mall. The first section is dedicated to commercial and retail space. In contrast, the second section is dedicated to the Food Court, which includes restaurants and cafes, and the third section is dedicated to corporate offices. The fourth section is dedicated to residential apartments with scenic views of the Margalla Hills and Islamabad’s lush greenery.

Owners and Developers

Bahria Town company itself is the developer of Bahria Town housing societies, and it is presently the proud developer of the Mall of Islamabad. The projects are developed under their engineers’ supervision and skills. The “Park Lane Tower” is another name for the mall.

Malik Riaz is the Chairman of Bahria Town, and Ahmed Ali Riaz Malik, Malik Riaz’s son, is the Chief Executive (CE). One of the company’s most prestigious projects is the Islamabad Mall.

Location of Islamabad Mall 

The Mall of Islamabad is located in a prime location on the main Jinnah Avenue blue area, between the Islamabad Stock Exchange and the Pak-Saudi Tower.

Jinnah Avenue, in the Blue Area, is regarded to be a business district. All of Islamabad’s major commercial activity hubs, as well as the Mall of Islamabad’s location, make it an ideal mall for premium access to all of the city’s sumptuous commercial, corporate, and residential experiences.

Payment Plan

Payment plan of Mall of Islamabad is as follows:

Payment Plan of Ground Floor

Unit no..	Area Sft	Rate per Sft	Bifurcated Value	10 Additional Charges	Total Value	14% Down Payment
S-001	2465	120,000	295,800,000	29,580,000	325,380,000	45,553,200
S-002	1000	120,000	120,000,000		120,000,000	16,800,000
S-003	1000	120,000	120,000,000		120,000,000	16,800,000
S-004	2100	120,000	252,000,000	25,200,000	277,200,000	38,808,000
S-005	1100	120,000	132,000,000		132,000,000	18,480,000

Payment Plan of 1^st Floor

Unit no.	Area Sft	Rate per Sft	Bifurcated Value	10 Additional Charges	Total Value	14% Down Payment
S-001	2465	100,000	256,500,000	25,650,000	282,150,000	39,501,000
S-002	1100	100,000	110,000,000		110,000,000	15,400,000
S-003	1100	100,000	110,000,000		110,000,000	15,400,000
S-004	1200	100,000	120,000,000		120,000,000	16,800,000
S-005	2500	100,000	250,000,000		250,000,000	35,000,000
S-006	900	100,000	90,000,000		90,000,000	12,600,000

Payment Plan of 2nd Floor

Unit no.	Area Sft	Rate per Sft	Bifurcated Value	10 Additional Charges	Total Value	14% Down Payment
S-201	1500	135,000,000	90,000		135,000,000	18,900,000
S-202	1100	99,000,000	90,000		99,000,000	13,860,000
S-203	1100	99,000,000	90,000		99,000,000	13,860,000
S-204	1100	99,000,000	90,000		99,000,000	13,860,000
S-205 S-206	1200 3200	108,000,000 288,000,000	90,000 90,000		108,000,000 288,000,000	15,120,000 40,320,000s
S-207	1700	153,000,000	90,000		153,000,000	21,420,000
S-208	1200	108,000,000	90,000		108,000,000	15,120,000
S-209	800	72,000,000	90,000		72,000,000	10,080,000

 

Payment Plan of 3rd Floor

Unit no.	Area Sft	Rate per Sft	Bifurcated Value	10 Additional Charges	Total Value	14% Down Payment
S-301	2100	80,000	168,000,000	16,800,000	184,800,000	25,870,000
S-302	1100	80,000	88,000,000		88,000,000	12,320,000
S-303	1100	80,000	88,000,000		88,000,000	12,320,000
S-304	1100	80,000	88,000,000		88,000,000	12,320,000
S-305	3000	80,000	240,000,000		240,000,000	33,600,000
S-306	3800	80,000	304,000,000		304,000,000	42,560,000
S-307	1200	80,000	96,000,000		96,000,000	13,440,000
S-308	1000	80,000	80,000,000		80,000,000	11,200,000

Payment Plan of Office Floor

Payment Plan of 6th Floor

Unit no.	Covered Area	Cir. Area	Cov Area Rate	Cir Area Rate	Cov Area Rate	Cir Area Rate	Total Amount	Down Payment	Balance Amount	12 Installments	Per %
S-604	1141	327	45,000	22,500	51,345,000	7,357,500	58,702,500	23,481,000	35,221,500	2,935,125	40
S-605	1141	327	45,000	22,500	51,345,000	7,357,500	58,702,500	23,481,000	35,221,500	2,935,125	40
S-605-A	848	243	45,000	22,500	38,160,000	5,467,500	43,627,500	17,451,000	26,176,500	2,181,375	40
S-606	1435	395	45,000	22,500	64,575,000	8,887,500	73,462,500	29,385,000	44,077,500	3,673,125	40

Payment Plan of 10^th Floor 

Unit no.	Covered Area	Cir. Area	Cov Area Rate	Cir Area Rate	Cov Area Rate	Cir Area Rate	Total Amount	Down Payment	Balance Amount	12 Installments	Per %
0-1003	1082	310	45,000	22,500	48,690,000	6,975,000	55,665,000	22,266,000	33,399,000	2,783,250
0-1003-A	935	268	45,000	22,500	42,075,000	6,030,000	48,105,000	19,242,000	28,863,000	2,405,250

 

Specifications of the Islamabad Mall

The main infrastructure specifications are as follows:

Main Infra Structure

The primary infrastructure has been reinforced. Reinforced-piled strong foundations support a concrete frame.

Finishing of Building

• Glazing and factory-finished white pre-cast concrete in a modern high-tech structure.
• Double-glazed windows made of aluminum.
• Apartments on the top floor have a curtain-wall glazing system.
•  A concrete floor constructed to the most recent acoustic requirements.
• The top-floor units have a glazed sloping roof.
• Automated glazed sliding entrance doors in the ground floor entry hall.
• Stainless-steel inlay strips in terrazzo stone flooring.
• Colonnades that go all the way up to the ceiling.
• Walls and ceilings are coated in European oak, and there is a concierge area.
• Exclusively commissioned framed customized artwork for two fifty-one stainless-steel finish lift doors.
• All unit floors have elevator access.
• Within the lift lobby, there are secure mailboxes for each apartment.
• Wool-mix Communal Corridors Carpets.
• The opposite side of the lifts has a feature wall made of European oak with unique floor-level indications.
• Living/Kitchen/Dining Area: Two-Fifty-One details on a bespoke-designed contemporary German-engineered kitchen.
• A wide range of modular wall and base units are available, some of which have hidden drawers.
• Recessed aluminum slot-handle inserts, soft-close drawers, and door hinges are standard on all kitchen units.
• Contrasting carcasses, white high-gloss wall units, matt grey base units, and white high-gloss wall units.
• Full-height splash backs that complement the stonework surfaces.
• LED lights are hidden in the undersides of wall units.
• The sink is made of stainless steel and has a chrome finish.
• Siemens appliances that are integrated: Ceramic touch-control hob with four burners, extractor fan, electric multi-function oven, dishwasher, and refrigerator.
• Microwave ovens with separate built-ins for 2 and 3 bedroom apartments. Combination microwave ovens are available in studio and one-bedroom flats.
• In a separate utility cupboard, there is a combined washing machine and dryer.
• Kitchen or corridor storage cupboards that discreetly house heating system components, washer/dryer, and additional storage space.
• The concierge offered parcel storage services.

 Bedrooms

• Bedrooms with wool-mix carpeting.
• Above the winter gardens, fitted wardrobes with timber veneer-finish doors and a handmade contrasting solid wooded-hand shelf.
• The bulk of the flats come with fully enclosed glass winter gardens.

 

Joinery

Each unit has a sizeable sloid-core entrance door with a side panel.

· Internal doors: solid-core doors that are tall and of good quality.

· Hallways, kitchen, and living areas have engineered oak flooring placed in a herringbone pattern.

 

Ironmergy 

· High-quality brushed stainless steel fittings.

 

Decoration

· Internal walls and ceiling coated with emulsion.

· Throughout, eggshell-painted striking and architraves.

· Heating Hot water and ventilation: Each room and living space has its own thermostatically controlled underfloor heating system.

· From the development’s central plant, an individually metered system delivers heating and hot water.

· Mechanical fresh air ventilation for the entire house.

 

Electrical 

· LED down lighters that are both energy-efficient and cost-effective are used throughout.

· All units have dimmable lighting in the living rooms.

· Lamps in living spaces should be linked to 5-amp wall outlets.

· Floor-to-Ceiling Heights: 2450mm floor-to-ceiling height in main living areas/bedrooms.

 

Management & Security

· The concierge handles guest check-in.

· Door entry phone that is hard-wired

· Residents only have access to the lifts with a card.

 

Each home’s front door has a multi-locking system, and CCTV monitors the entire development’s entrance doors and ground-floor spaces.

Each household has its own interconnected central supply smoke/heat detection system with battery backup.

 

Elevators

· There are four elevators in all, two of which are reserved for floors 19 and higher.

· A bicycle lift that gives you access to the basement’s bike racks.

 

Garden on the Outside

· Lighting and sealing are included in the ground-level zones set out and finished with a blend of architect-designed hard and soft landscaping.

 

Lifestyle Amenities

· Reception and security are staffed 24 hours a day, seven days a week.

· Services provided by a concierge.

· Residents’ gymnasium at the Cinema Club’s ‘Get Connected’ Lounge.

· Space for having fun.

· Restaurant with a modern feel.

· On the ground floor of an adjacent business building, there is a café-bar.

 

Features

· 999-year lease with a 10-year new home warranty.

· Within a protected basement, there is a dedicated bicycle bay.

· Sustainable Home-compliant.

· Floors in the bathrooms are made of Italian marble.

· The finish is satin. All walls are covered in ceramic wall tiles set in a brick bond.

· Above the vanity top, there is a stone mosaic feature tiling.

· Vanity top made of stone.

· Integral shelving, lights, and a shaver outlet are included in this part-mirrored vanity wall cabinet.

· Duravit WC with soft-close seat and dual-flush capability that hangs on the wall.

· Semi-recessed Duravit washbasin with chrome finish.

· Showers are equipped with a high-quality glass shower screen.

 

Facilities & Amenities

· The Mall of Islamabad offers a wide range of modern amenities and services at affordable prices. The amenities are part of this affluent neighborhood, which may be described as a full-fledged residential development. The following are the amenities available in the Islamabad Mall:

· Luxurious: The Mall will offer environmentally sustainable, close-to-nature living with all of today’s conveniences. The Mall will offer a one-of-a-kind experience not found in any other mall in Pakistan.

 

Water Resources 

· The mall has considered the residents’ water requirements. Water reservoirs will be built for this purpose, storing a vast volume of water that residents will use for everyday chores. Filter plants will also be a feature of society to ensure that citizens have access to clean drinking water.

· Business and Commercial Hub: The developers have considered all of the residents’ demands, including economic and commercial ones. As a result, the Mall will offer an all-in-one business space. 

· A sense of security is essential in both a residential and commercial environment. A gated community ensures security. People are protected by a security system that includes properly installed CCTV cameras and other operational surveillance equipment 24 hours a day, seven days a week.

 

Infrastructure of High Quality 

The infrastructure is developed with a high level of professionalism and equipment to ensure that the development is flawless.

The following are the Mall of Islamabad’s most notable and essential features:

· Affordability

· Resources of Water

· Club House Retail Area is secure 24 hours a day, 7 days a week.

· Maintenance

· Quality Improvement at the Boundary Wall

· Water, gas, and electricity are all sources of energy.

· Electrification that is hidden

· Infrastructure development of international standing

· This sports complex has both indoor and outdoor sports facilities.

· Purchase/Sale of Plots: Guidelines to Follow:

· The guidelines to follow are as follows:

 

Document Verification

· To avoid any misunderstandings or misunderstanding, please double-check all documentation to your satisfaction. Before buying or selling a property, make sure to ask about the developers’ NOC and approval documents, which the authorities have officially approved. As a result, your documentation will be valid in every way that could lead to client pleasure.

· Financial Security: Before finalizing any property sale or buy, be sure your funds align with your purchasing strategy. Your purchase or sell will go through without a hitch in this manner.

 

Property Inspections

· Before making any purchases, inspect the property to check that the written documents follow the plot parameters.

· Booking Documentation Requirement:

· To purchase property at the Mall of Islamabad, you’ll need the following documents:

1. 2 passport-sized photos.

2. Your National Identity Card in two copies.

3. For international clients, two copies of your next of kin’s ID card NICOP.

· Real Estate Investment Benefits:

Among other companies, real estate investment is one of the most profitable. It has a high rate of return on investment. Keep in mind, however, that it will only be profitable if done correctly. Investing in the real estate market can provide a variety of advantages. Following are a few of the most significant benefits:

 

1. Financial Security: If a person has some extra money or an asset and wants to keep the value of that asset high, real estate is the sector to invest in if he wants to keep the value of that asset high and not depreciate.

 

2. Stable Income: With real estate investment, a person can immediately produce a steady income. One can purchase a property, develop it, or purchase a developed property and rent it monthly or yearly. Not only that, but the rent rises by a percentage every year, so it’s fair to claim it’s improving rather than staying the same.

 

3. Manageable: An investment isn’t like a live organism that needs to be cared for days once it’s completed. You’ll only need to visit your property now and then to make sure it doesn’t fall into the wrong hands of encroachers.

 

4. Passive Income: After purchasing a real estate property, passive income such as rent can be earned. Investors purchase a constructed property or develop open land, then rent it out, assuring a consistent source of revenue throughout the year.

 

5. Non-depreciable Asset: When done correctly, real estate investing is a type of business that will never lose value. Every year, the value of real estate rises. If a significant government or private project is undertaken in the area, the property’s value could skyrocket.

 

Pros and Cons:

Following are the advantages and disadvantages

· Water is available at all times.

· High apartment rates are perceived to be expensive.

· Electricity is available around the clock.

· Gas is available around the clock.

· Schools

· Colleges

· Recreational Areas/Theme Parks

· Markets/Malls/Groceries/Shopping Centers

· Environment that is peaceful, healthy, and safe

· Security gates, surveillance systems, and CCTV are all part of this gated neighborhood. 

· It’s close to the city’s center and other societies.

· The carpeted main boulevard, highways, streets, lanes, and walkways for pedestrians are all large and well-planned.

· Drainage and garbage disposal systems that are well-planned

· Housing society that is green, inventive, and long-term

· System of protection

· The mechanism for the disposal of solid waste

 

Questions and Answers (FAQs)

The following are some of the most frequently asked questions (FAQs) about the Islamabad Mall:

 

Q1: What exactly is the Islamabad Mall, and how does it differ from other housing societies?

Ans. The Mall of Islamabad is a CDA-approved 20-story, 910,000-square-foot, 500-foot-high luxury mixed-use multi-purpose mall opening in 2015.

 

Q2: Is it a legitimate and licensed housing society?

Ans. The CDA has approved the Mall of Islamabad’s NOC.

 

Q3: Is it an inexpensive investment property?

Ans. Yes, because of the variable plot costs, this property is unquestionably safe as an investment.

 

Q5: Where is the Mall of Islamabad located?

Ans. The Mall is situated in a prime location on Jinnah Avenue, between the Islamabad Stock Exchange and the Pak-Saudi Tower.

 

Q6: Who are the architects of the Islamabad Mall?

Ans. The Mall of Islamabad is a project of Bahria Town Pvt. DASCON Construction built Ltd, Asia’s largest real estate developer, and.

 

Conclusion: The Mall of Islamabad is a CDA-approved property developed with one goal in mind to give people a worldwide recognized living and corporate experience. The key attractions of this Mall are its luxurious facilities and convenient location.

 

As a result, Estate Land strongly suggests that this is a once-in-a-lifetime opportunity to invest in this property. If you want to learn more about reasonable societies, go here,Blue World City, Park View City, Nova City, and Capital Smart City. They all offer similar pleasures at reasonable pricing.