Islamabad Cooperative Housing Society also known as ICHS Town. Firstly, the main aim of this housing project is to provide modern amenities & services to middle class people at affordable price in a given timeline. Secondly, it intends to accommodate 35 to 40 thousand individuals while providing modern facilities & services to them.
With the massive urban migration, the market trend has faced a major change. The overall cost of residential & commercial area in Twin Cities is exceeding rapidly. Thus, the establishment of societies like ICHS is crucial for middle & fixed-income individuals. It is known to be one of the most affordable housing schemes in the proximity of the Capital. Moreover, ICHS Town is believed to be a great low-cost residence & long term investment in the hub. Thus, attracting the overseas residents as well.
ICHS Master Plan divided into 2 phases. However, later on, it is expanded to 6 sectors. It must be noted that these are particularly reserved for residential plots. Most of the plots are of 1 Kanal & 10 Marla area.
After the revised ICHS master plan, 5 Marla and 7 Marla plots now available on easy installment plan as well. On the other hand, separate area is assigned for Commercial activities in various plots size. 4 Marla commercial plots are available for investors. ICHS Town is sprawled over 9000 Kanals area.
In the vicinity of Tarnol & Fateh Jang, ICHS Town is situated at 5 minutes drive from New Islamabad International Airport. Also, it is merely at distance of 24 Kilometers from Zero Point Interchange, Islamabad. You can quickly reach ICHS Town Location through main Kashmir Highway by direct access. Moreover, it is also accessible from Kasana Dam Road & Airport Cargo Road.
The basic facilities provided by the developers include:
- Secure Main Gate Entrance
- Network of Carpeted Roads
- Green Belts
- Educational Institutes for Girls and Boys
- Theme Parks and Play-land
- Hospital and Health Care Centers
- Shopping Malls
- Provision of Sui Gas
- Underground Electricity system
- Effective Sewerage System
Also Read: How To Calculate Return On Investment For Your Property
It was established in 1989 under the supervision of Islamabad Cooperative Housing Scheme. The initiative was taken by group of government officers of that time.
ICHS Town NOC approved from following concerned department:
- Registration No. 313, Co-operative Societies Department, ICT, Islamabad.
- NOC No. 567/SL/N-I/TP/TMAF from Tehsil Municipal Administration (TMA), Fateh Jang.
- NOC No.6/53/Misc/D-28/2008 from Ministry of Defence, Government of Pakistan.
- NOC No. HQCAA/1124/44/ATS(P/C) 2693 from Civil Aviation Authority, Headquarters, Karachi.
- NOC No. DD(EIA)EPA/F-80(IEE)/0307/2009/2892 from Environmental Protection Department, Government of Punjab. Pictures & details can be viewed below:
As per Price Plan of ICHS Town, Bookings start from PKR 50,000 as down payment. Meanwhile, price of plot starts from PKR 680,000. Initially, Most of the plots were available only on full payment. After reconsideration, limited plots of 5 Marla, 7 Marla, 10 Marla & 1 Kanal are also available now in convenient 14 months installment plan.
On the other hand, plots of various categories & sizes are available for registered members only. Thus, registration is mandatory in order to book a plot at ICHS Town.
ICHS Payment Plan :
|Plot Size||Total Price|
Price Plan Phase 2 each category is as follows:
|Plot Size||Total Price||Down Payment||Development Charges||12x Quarterly Installments|
Currently, more than 70 percent of the development completed at ICHS. Thus strengthens its professional commitment. Ground leveling work already completed while work on Main Gate Entrance is done. Also, construction of main road expected to finish in next few months. Moreover, the developers are working hard to provide all promised amenities & services to the residents.
AMMANAT EXPERT OPINION
ICHS Town established in 1989 gives the company a lot credibility. A cooperative society normally deemed as a safe investment. Also, the location of at ICHS Town is very good.
Block A & B have been awarded possession while others are expected to receive possession soon. This is one of the only society which has particularly cleared all legalities. It is the most economical and is located on a ideal spot. All plots booked have a street and plot assigned to you which means you know exactly where your plot is located in the map.
However, given the time, it is taking this society to develop its plots which is over 2 decades. Thus, this is great option for those opting to invest for 3-5 years. We would rank it 7/10, a great option close to Islamabad and very economical but need to be patient with the development.