Eighteen Islamabad is a exclusive joint real estate venture of Ora Developers and Saif Group in the Eighteenth Sector of Islamabad near Motorway. Kohistan Builders and Developers – the builder of Zarkon Heights G15 Islamabad – is also joining in this luxurious project.
At an event held in Islamabad on 22nd December 2017, the management team introduced the partners, unveiled the branding and confirmed the date of the commercial launch to be 18th February 2018.
Ora Developers is owned by an Egyptian Billionaire Mr. Naguib Sawiris who had acquired Mobilink about 20 years back. The billionaire is again in Pakistan with a plan to revolutionize the real estate sector of Pakistan with estate of the art development project namely “Eighteen Islamabad”. Saif Group is the Pakistani conglomerate with business interests largely in textile, energy and real estate sectors.
Following is the given location map of Eighteen Islamabad:
Considering the location map, the project seems to be located somewhere in sectors H17 and H18 on Kashmir Highway. The location is excellent as it gives easy access to Motorway, New Islamabad Airport and all parts of Islamabad and Rawalpindi through Kashmir Highway and GT Road.
Eighteen Islamabad will be spread across 2.77 million square yards that will also feature a 18-hole golf course. The project will consist of about 2,000 residential units – 1,068 villas of different sizes and over 900 apartments – along with commercial properties, meant to serve the upper-middle income groups.
The project will comprise luxury villas of various sizes, i.e. 10 marla, 1 kanal, 2 kanal, 4 kanal and 8 kanal – all facing the lavish golf course sprawling across the community.
The luxury villas will have the following accommodation as per size:
- 8 Kanal (7 Bedroom, 8 Bathroom, 6 parking Spaces, Swimming Pool)
- 4 Kanal (6 Bedroom, 8 Bathroom, 3 parking Spaces, Swimming Pool)
- 2 Kanal (5 Bedroom, 7 Bathroom, 2 Parking Spaces, Swimming Pool)
- 1 Kanal (5 Bedroom, 6 Bathroom, 2 Parking Spaces)
- 10 Marla (4 Bedroom, 5 Bathroom, 2 Parking Spaces)
These villas are available in different layout plans, so you might be given the option to choose your preferred layout design at the time of booking.
Following are the layout plans of Eighteen Islamabad Villas:
Eighteen Islamabad offers the following types of luxury apartments:
- 4 Bedroom Apartment (3615-3973 Sq.Ft, 3 Parking Spaces, 5 Bathrooms, 1 Powder Room)
- 3 Bedroom Apartment (2335-2566 Sq.Ft, 2 Parking Spaces, 4 Bathrooms, 1 Powder Room)
- 2 Bedroom Apartment (1737-1911 Sq.Ft, 1 Parking Space, 2 Bathrooms, 1 Powder Room)
The master plan was conceptualised by Calisson RTKL and developed by renowned architects and urban planners WATG. The unique and challenging golf course has been designed by IDG in the UK. The project is being led by CEO, Tarek Hamdy, who explained why the scheme is so unique: “All the villas and apartments have been carefully located with views over the golf course and are linked by wide parkways and open streets.
Following is the master plan of Eighteen Islamabad:
There is no exact information as to the prices of villas and apartments in Eighteen Islamabad, however some information has been disclosed about price range of these villas.
You will be available to book your apartment or villa in the project with just 10% down payment, while remaining amount will be payable in flexible payment plan of 4 years installments.
Following is the payment schedule of apartments and villas in Eighteen Islamabad:
The project will cost 2 Billion USD. The project will have 30% equity component that will be provided by the investors, while 30% amount will financed by the major banks of Pakistan.
The No Objection Certificates have been obtained from Capital Development Authority as Eighteen Islamabad already owns the required land for this project.