One of the things most investors struggle with while making an investment is comparing two societies. Makeen realizes that it’s a struggle researching and comparing trending real estate projects.
This is exactly why we decided on doing a comparative analysis on two of the leading projects— Park View City vs Blue World City. Read on to watch us compare the two on different facets such as developers, location, legal status, amenities as well as prices.
Which has the Better Developer?
The Vision Group is another real estate project by Aleem Khan— a senior and active member of PTI. The Vision Group’s brand came into existence less than a decade back. Park View City in Lahore was their debut project. The Vision Group is not limited to the real estate industry; it has also ventured into the education field with its debut project— The National School.
You might have heard about the Blue Group of Companies, as they have been the mastermind behind several real estate projects in Pakistan. The network of their projects spreads over different cities in Pakistan, like Sargodha and Lahore. The Blue World City is yet another venture by them in the twin cities. The company collaborated with the Shan Jian Municipal Engineering Company, a Chinese company, to take on this project.
In this debate of Park View City vs Blue World City, it’s worth mentioning that the Blue Group of Companies has announced plans to start a project with the same name in Lahore. If you want to invest in a premium real estate project in Lahore, check out Lahore Smart City.
Which of The Project Has an Ideal Location?
We’ll tackle this question in the Park View City vs Blue World City debate because location matters!
The Park View City location is easily accessible by Kurri Road, Simli Dam Road, and Malot Road. CDA announced its plans to renovate Kurri Road. As a result, Park View City will soon have a smooth road that will make traveling in and out of the city a breeze. Furthermore, PVC is adjacent to the Bahria Enclave.
The project’s second gate is near Bara Kahu.
However, if you require more accessibility to the Islamabad International Airport, the Blue World City location is an ideal choice. To be more precise, it is on main Chakri Road near the Chakri Interchange. It makes it approachable via the M-2 Lahore-Islamabad Motorway.
Blue World City vs Park View City—Which Housing Society Is Legal?
Misinformation about each housing society’s legal status continues to circulate in the market. Let’s clear the air about these two. CDA issued the Park View City NOC in June of 2018. The Vision Group is free to make whatever adjustments to the purchased land as long as they follow the regulations established by the government. As a result, Park View City’s total area is now legal, and investors may pool their money without fear. As it is one of the CDA approved housing societies.
The RDA, on the other hand, granted the Blue World City NOC for 1500 Kanal of land. It also granted planning permission for 427 Kanal. Blue World City just bought an additional 10,000 Kanal of land and has submitted the necessary paperwork to the authorities for approval. The procedure is moving quickly, and you will hear good news shortly. Investors can have positive expectations because the Blue Group of Companies is known for keeping its promises and being honest with the investors of its projects.
Like this article? Click here to read more on Blue World City’s Overseas Block.
Amenities and Facilities
Park View City developers aim to provide the residents with every possible facility within its highly gated community with boundary walls. For entertainment purposes, the housing society will have cinemas with IMAX and 3D technologies. It will also have parks and zoos that will allow people of any age to visit them and connect with nature and its creations. Within the gates of 7000 Kanal housing society, there will be both indoor and outdoor sports zones.
Furthermore, hospitals, schools, electricity, water, and gas are must wherever human beings live. So the developers will provide the residents with these facilities. The underground water traces will solve any water supply issues if faced in the future.
Contrarily, we can say that when comparing Park View City vs Blue World City, both of them provide almost similar facilities and amenities. But, it offers some facilities that no other housing society in Pakistan can match. Take, for example, a full-fledged internal public transportation network that would make inhabitants’ travel inside the scheme easy and inexpensive. When it comes to transportation, we must remember Blue World City’s pledge to provide a convenient road network that will reduce traffic congestion and allow inhabitants to save time. Perhaps you’ve never heard of a housing society with its police station. However, Blue World City will have it for the sake of the residents’ safety.
Which One Offers a Cheaper Payment Plan?
The payment plan or the figures are the most crucial factors in investors’ ultimate judgments. Naturally, the investors want their costs to be low and profits to be higher than expected. So, let’s discuss the Park View City vs Blue World City payment plans.
The Park View City and the Blue World City payment plans are different for each block. But we will mention here the prices for the overseas block only.
The Park View City overseas block has the following plot cuttings, with the following prices that an investor can pay over 2 years in installments.
- 5 Marla (26 X 50) for PKR 5,000,000
- 10 Marla (35 X 70) for PKR 8,500,000
- 1 Kanal (50 X 90) for PKR 18,500,000
The Blue World City overseas blocks payment plan is as follows:
- 5 Marla for PKR 1,350,000
- 10 Marla for PKR 1,900,000
- 1 Kanal for PKR 3,500,000
*The Park View City is near the city center, so the plot here will be slightly pricier than a 5 Marla plot in Blue World City.
What Types of Tourist Attractions and Lifestyles Are Present in Each Society?
According to the Park View City map, it is close to the botanic gardens. They’re only a one-minute walk from this society. These gardens add to the housing society’s natural beauty while also allowing inhabitants to live a healthy lifestyle in the area. Simply said, it’s a pollution-free zone. There will be nurseries and greenhouses where beautiful tropical plants and flowers will be grown and nurtured. In addition, an organic food store will be established in the community to help the residents have organic food available within its gates and that too at a low price.
Blue World City has several tourist attractions that make it a stand-out housing society in the Park View City vs Blue World City conversation. The pair of the world’s tallest horse mascot in the housing society is nearing its completion. One has been erected and is all lit up, while the other is in its assembly phase. Moreover, the Water Theme Park is in its designing phases, and the work on the ground will start soon. For the amusement of people of all ages, the authorities will bring 20 of the world’s most exciting and thrilling rides here.
Both the housing societies are willing to provide the residents with a highly exclusive lifestyle.
There’s a lot more to talk about, such as the development status of both societies, the master plans of Park View City vs Blue World City, and so on. But for that, go through Makeen Marketing‘s detailed blogs. If they do not work for you, please contact us at our UAN 0330-0625336. If you want a more in-depth discussion with one of our real estate agents, come to our office at Plaza D1, on the main PWD Road, in Islamabad.