Faisal Town Phase 2, developed by Faisal Town Group (Zedem International), is a prominent housing project in Islamabad, offering well-planned residential and commercial plots. With its strategic location near the M-2 Motorway and the Rawalpindi Ring Road (RRR), FT-2 has become a sought-after destination for investors and homebuyers.
This blog provides a comprehensive overview of the plot-buying process Phase 2 for 2025.
Developer’s Reputation
Faisal Town is developed by Faisal Town Group, previously known as Zedem International (Pvt.) Ltd., a reputable real estate development company in Pakistan. Under the leadership of Chaudhry Abdul Majeed, Zedem International has successfully delivered several large-scale projects, including Faisal Town, Faisal Hills, Faisal Margalla City, and Faisal Residencia.
The company is known for its commitment to quality infrastructure, modern facilities, and legally approved housing societies.
Faisal Town Phase 2: Overview
Faisal Town Phase 2 Islamabad is an extension of the original Faisal Town, situated near the Thalian Interchange on Chakri Road in Islamabad. This phase is designed to meet the growing demand for quality housing and investment opportunities. The development features modern infrastructure, gated communities, parks, schools, mosques, underground electrification, and wide roads.
It offers diverse plot sizes ranging from 5 Marla to 1 Kanal, catering to both residential and commercial needs. The society also includes a Faisal Town Phase 2 Overseas Enclave, designed specifically for international residents.
Step-by-Step Guide to Buying a Plot
1. Select the Plot Type
Determine whether you’re interested in a residential or commercial plot. Commercial plots are ideal for investment purposes, offering potential for higher returns, while residential plots are suited for personal use.
2. Choose the Block
Decide between sectors and blocks based on your preferences for location, development status, and budget. For instance, Faisal Town Phase 2 Sector O Model Block is ideal for individuals seeking a premium lifestyle. Each phase has distinct blocks with varying amenities and plot sizes.
3. Verify Legal Status
Ensure the society has the necessary approvals from the relevant authorities. Although the NOC of Phase 2 is under process at the Rawalpindi Development Authority (RDA), but it will be approved very soon.
4. Review Payment Plans
Examine the Faisal Town Phase 2 payment plan for the selected plot. For instance, in the Faisal Town Phase 2 N Block, plots are available with a 4-year installment plan, and discounts are offered for lump-sum payments.
5. Submit Required Documents
Prepare and submit the following documents:
- A photocopy of your CNIC
- A photocopy of the CNIC of your next of kin
- Passport-sized photographs
- Proof of payment (cheque, pay order, or cash)
- For overseas Pakistanis: NICOP and passport copy
6. Make the Down Payment
Pay the required down payment through the approved methods. For Phase 2, the down payment varies based on plot size and category.
7. Obtain Confirmation
After submission, confirm the booking with the society’s management and obtain a receipt for your records.
8. Transfer Ownership
Once the full payment is made and all dues are cleared, initiate the process of transferring ownership and obtaining possession of the plot.
Tips for Overseas Buyers
- Verify Payment Methods: Ensure that the payment methods are secure and traceable.
- Legal Assistance: Consider hiring a local lawyer to assist with documentation and legal procedures.
- Site Visits: Arrange for a trusted representative to visit the site on your behalf.
Common Pitfalls to Avoid
- Avoid Buying Files Only: Purchasing files without physical plots can be risky, as they may not guarantee actual land. It’s advisable to buy on-ground plots to mitigate such risks.
- Incomplete Documentation: Ensure all required documents are submitted to avoid delays in the booking process.
- Unverified Agents: Engage only with authorized and reputable agents to prevent fraudulent activities.
Final Verdict
Faisal Town, developed by the reputable Zedem International, stands out as a promising and secure investment opportunity in Islamabad’s real estate landscape. Phase 2 offers well-planned infrastructure and flexible payment plans, making them accessible to a wide range of buyers, from end-users seeking a home to investors seeking lucrative returns.
By following the step-by-step process, verifying legal documentation, and choosing authorized channels, buyers can confidently navigate the purchasing journey without falling prey to common pitfalls. Overall, Faisal Town 2 Islamabad represents a trustworthy and well-structured project, suitable for both residential living and investment purposes in 2025.