State Life Cooperative Housing Society Islamabad
Fateh Jang Link Road, Near Islamabad
State Life Cooperative Housing Society Islamabad is silently hidden in some apparently far off land on Fateh Jang Link Road which is almost 50 kilometers away from the main Islamabad zero point and about one hour drive time.
The approach to the Housing Society is not straight road. It goes through the main Srinagar highway almost upto the Islamabad Airport, and then you have to take the M1 Peshawar motorway and after crossing the toll, you take the next exit to Fateh Jang Road.
You will have to travel almost 10 kilometers towards the south until you reach the Qutbal area market. After crossing Qutbal, you should notice one left angular turn on the Fateh Jang Road. That narrow road will travel down almost about 6 kilometers till you reach the State Life Housing Society’s main gate.
Current Status of State Life Cooperative Housing Society Islamabad
Just after entering the Housing Society, you will see the semi developed roads and plotting done in the State Life Housing Society. The development is still underway. Roads are not carpeted yet.
However, the underground electrical wiring work has been done, the sewerage system has been done. The water tanks are under construction.
The area of mosque, school and parks are already earmarked.
The blocks signage for A, B, C, D sectors have also been installed.
We can say that there are signs of development but not yet fully developed.
The State Life Cooperative Housing Society Islamabad is a medium sized gated community site which comprises of about 5000 kanals of land (as an estimate) and there are 4 primary blocks which are expected to expand further in the future.
The positive aspect of the Society is that it is not a plot file, it is an allocated plot file with plot number which you can see it there with your eyes.
So, there is hope for the near future.
State Life Housing in Lahore
State Life Cooperative Housing has developed its name especially starting from Lahore where they have developed two successful phases and are now located very near to DHA Lahore and the Lahore Ring Road. It has become a thriving housing society in Lahore.
State Life Cooperative Housing Society Islamabad
State Life Cooperative Housing Society Islamabad is in its infancy stage but has some important points to favor.
The Ring Road for Islamabad and Rawalpindi has also been planned and it will also run near the State Life Cooperative Housing Society Islamabad.
In addition, Islamabad Airport Road is being extended beyond Srinagar Road and goes to Fateh Jang Road which also cuts directly into the State Life Cooperative Housing Society Islamabad.
This is going to be a big game changer for that area and State Life Cooperative Housing will be directly benefiting from this project. The Road is expected to be completed in two years by the end of 2025.
This extended airport road will help to travel back to Islamabad in about 30-40 minutes of time instead of 80 minutes now.
Surrounding Housing Societies
Another leading housing society named Nova City Islamabad is also being built in that area. However, it is about 3 kilometers away from the State Life Cooperative Housing Islamabad.
Nova city is close to the newly built DI highway road, and a special interchange is being built for Nova city to get the access. Through this interchange one can travel directly to the M1 motorway in about 20 minutes time.
In addition, another housing society, Motorway City is also being built in the proximity of the State Life Cooperative Housing Society.
The nearest housing society with State Life Cooperative Housing is the Islamabad Cooperative Housing Society (ICHS) which is also a gated community and most of the development work has been done in its Phase 1 of ICHS.
Pricing for State Life Cooperative Housing Society Islamabad
As we all know, the real estate prices fluctuate with time and there are various related milestones which may affect the prices directly or indirectly.
The current pricing for State Life Cooperative Housing Society Islamabad is very reasonable and economical (as of Sept 2023)
- 1 Kanal allocated plot including all development charges ranges from PKR 28 – 34 Lacs depending upon the location.
- 10 Marla plot ranges from PKR 14 -18
- 5 Marla plot ranges from PKR 8-12
Future Outlook for State Life Cooperative Housing Society Islamabad
The future of State Life Cooperative Housing Society Islamabad seems promising.
However, the estimated investment time should be 5- 10 years.
The expected growth should be 15-20% annually in normal circumstances, but if other milestones get materialized that includes the extension of Airport Road and Ring Road, then the State Life Cooperative Housing Society can witness exponential growth in much lesser time frame.
Summing Up
Overall, State Life Cooperative Housing Society Islamabad has a potential to pickup in the future.
The flip side is that it is somewhat far off from the main Islamabad.
But the positive aspect is that with the surrounding roads network in the pipeline, the State Life Society will pick up and can become livable housing society, and with good price appreciation in the future.
If You Get Interested to Invest...
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Staff Writer
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