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Impacts of Kingdom Valley on low-income people

Kingdom Valley

Kingdom Valley is part of the Primi Minister’s Naya Pakistan Housing Program and caters to both the lower-income groups and the upper-income groups in the country. Located near the Lahore-Islamabad M2 Motorway and 25 minutes away from the New International Airport, this residential society is a flagship development by Kingdom Group.

                This housing project has a number of residential plots available to book ranging from 3.5 marlas to 1 Kanal. These plot sizes help even the low-income group to be able to afford their own house. This housing scheme aims to provide equal facilities and equal living standard to all income-groups in the country. Get the idea from Kingdom Valley Islamabad.
                    Small residential plots of 3.5 Marlas are already sold out. As of now, the smallest residential plots available to book are the 5 Marla plots. These plots can be booked via two payment methods. The first payment method is by paying the full down payment of 975,000/- PKR during the time of the purchase.

More Details About Kingdom Valley

The second payment method is to pay some of the down payment amount upfronts, 117,000/- PKR when purchasing the 5 Marla plots, and then pay the rest of the amount through via an instalment plan. Kingdom Valley offers its low-income residents to be able to pay for their house in easy monthly instalments.

For 5 Marla plots, the monthly instalment is just 9000/- PKR. This instalment plan spans over a period of 3.5 years, making it about 40 installments. Other than the monthly instalment, 8 bi-annual payments of 43,500/- PKR also have to be paid.
                  This initiative helps families of low-income groups be able to feel a sense of security because with each monthly instalment, the property will be their own. This housing society will help even the lower-classes living in the country to call a place of their own. The instalment method is better for lower-middle-class groups because this way they can move in and still pay for the house instead of wasting money on cheap rentals and saving up money to pay the full amount upfront.

Kingdom Valley Benefits for low-income people

This project will also help the future families of low-income groups be financially secured as future generations can put up some of the property for rent, generating a stable source of income.

            Other than the extremely low rates of the residential plots, the middle-class group can also benefit from this project’s investment opportunities. Bigger plots of 8 Marlas and 10 marlas are also available to book at extremely low rates.

The 8 Marla residential plot can be availed for the full price of 1,350,000/-PKR or through the instalment method by paying 12,000/- PKR per month with a 10% down payment. While the 10 Marla Residential plot can be availed for 1,650,000/- PKR or through the monthly payment method of 15,000/- PKR per month. With a 10% down payment. You many also like to learn about the Capital Smart City.

Real Estate Benefits

These plot sizes are great for people with a normal housing budget and bigger families. The 10 Marla residential plots are the best investment option for middle-class income groups. Who are looking for bigger homes for their families with limited funding. These bigger plots can even be put up for rent in the near future and the profit return on these properties will be massive. This initiative helps families of low-income groups be able to feel a sense of security because with each monthly instalment

This tourist destination is being constructed in association with Guangzhou Haisan Amusement Technology & Co. Ltd., China, and will cover an area of over 140 Kanals. The infrastructure of this project will have a capacity for over 1000 visitors and will consist of 20 phenomenal rides.

The theme park will also have a separate play area for small children. The food section will include high-end and local fast-food chains such as KFC, McDonald’s, OPTP, etc. 

            Lastly, similar to famous water parks in the gulf countries, Blue World City’s Water Park will also showcase mystic marine life. 

Special Facilities

Apart from the affordable housing, the society also offers numerous facilities to all its residents. The developers of this project aim to provide all the top-notch facilities available to the upper-class groups in popular gated societies to even the lower-class groups.

      These facilities will include:
                1) Access to the housing society’s grand masjid
                2) Around the clock availability of water, power and gas to all the blocks
                3) Access to High-Speed free Wi-Fi
                4) High-end academic institutions and hospitals
                5) Urbanized commercial areas and lavish entertainment centers.

              With the launch of this project, the Prime Minister aims to bridge the gap in the living conditions of the country’s upper-middle. And because lower-middle groups with the upper-income groups having access to more facilities and housing than the lower-income groups. 

Author Bio

Muhammad Junaid is a CEO of VM Sol, senior Analyst, and Search Engine Expert. Extensive experience being an IT Manager in GreyBricks Marketing – Blue World city. Work for years with local and international enterprises. Also, represent well-known brands in the UAE.

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