The Harmony Block has now been merged into Overseas Central block. It offers more affordable products enabling more and more people to be a part of the grand housing project. Capital Smart City’s Harmony Park block consists of smaller sized plots of 3.5 marla and 3.5 & 5 marla villa apartments under the name The Villas.
Capital Smart City has come up with an amazing addition to their project which is going to be a super hit in no time. Being the most popular housing society in Islamabad, Capital Smart City has managed to surprise the market again in the most unexpected manner by launching another block, called The Harmony Block.
Harmony Park block is now a part of Overseas East (Overseas One) and Overseas Central.After Harmony Park, another block called Harmony Park Overseas East offers commercial & residential plots and villa Apartments.
details: Capital Smart City
Table of Contents
One Capital Residences
One Capital Residences is also an amazing project in Capital Smart City. It is a modern residential complex in Capital Smart City that offers affordable luxury apartments in Overseas East. The construction has also begun and the Bookings are being taken at 5% Downpayment! Click here to check out all details here.
One Capital Residences is a mini independent project within Capital Smart City which also offers modern apartments. Whereas, The Villas in Harmony Park offers apartments in a triplex building.
The Villas in Capital Smart City
“The Villas” in Harmony Park (now part of Overseas Central), is a great initiative by Capital Smart City. It is a form of a triplex house which provides housing to three different families. Each floor is a separate housing unit called Villa Apartment and can be purchased independently at a four year installment plan.
The Villa Apartments are available in two sizes:
- 3.5 marla
- 5 marla
The terms of the payment plan are also very friendly and convenient. Scroll down to see the payment plan.
This is a very good news for people who may not be able to afford an independent house. In this post, we have shared all the relevant information about The Villa Apartments.
Let’s get into it!
3.5 and 5 Marla Triplex Houses by Capital Smart City
Under the name The Villas, Capital Smart City has launched smaller sized villas with triplex feature to make housing more affordable for everyone. A triplex house is a house that provides living portions for three different families. Usually, a triplex house has three floors or storeys, with one apartment on each floor.
Each storey of the 3.5 and 5 marla villas is a separate unit, called the Villa Apartment. That means one villa can be purchased by three different families.
The Villas launched by Capital Smart City are designed by combining two adjacent plots and providing a common staircase. This has increased the covered area available to the villa apartments.
Here is the good news! You can now buy your own house at a monthly installment of approximately Rs. 23,000 only. Check out the floor plans and payment plan below.
5 Marla Villa Apartments
The size of a 5 marla villa apartment is about 850 square foot while the area of the plot is 1125 square foot. Two adjacent villas are combined to have a common staircase. So, one staircase will be shared by a total of six houses.
Floorplan of 5 Marla Villas
The floor plans of The Villa Apartments are attached below.
Each Villa Apartment has two bedrooms, one bathroom, one child bed, living area and a kitchen. The ground floor houses will also have access to the back passage which is termed as laundry area. Download the official brochure of The Villas here.
The price of the 5 marla Villa Apartment is Rs. 3,610,000 to be paid over four years. This price is for the villa on second floor. The 5 marla Villa Apartments at the first floor have extra charges of Rs. 190,000 while the extra charges for the ground floor villa are Rs. 290,000. The payment plan of villa apartments can be downloaded here.
3.5 Marla Villa Apartments
The size of a 3.5 marla villa apartment is about 660 square foot while the area of the plot is 800 square foot. Similarly, two adjacent plots are combined to have a common staircase. So, one staircase will be shared by a total of six houses in adjacent villas. The official brochure of The Villas can be downloaded here.
Floor Plan of 3.5 Marla Villas
The floor plans of The Villa Apartments of 3.5 marla are attached below.
Each Villa Apartment has one bedroom, one bathroom, living area and a kitchen. The ground floor houses will also have access to o.t.s laundry area.
The price of the 3.5 marla Villa Apartment on the second floor is Rs. 2,685,000 to be paid over a period of four years, in monthly or half-yearly installments. The Villa Apartments at the first floor have extra charges of Rs. 115,000 while the extra charges for the ground floor villa are Rs. 215,000. The payment plan of villa apartments can be downloaded here.
Allocation of Villa Apartments
Allocations for Villa Apartments in Harmony Park Overseas East Block will start from 20th February 2023.-
- Memebers are required to pay 50% of the villa price by 20th February 2023, to be eligible for allocation procedure.
- All members who booked on 25%, 50% and 100% lurnpsum amount can avail the opportunity of selection of their Villa Apartment after clearing their pending Instalments.
Payment Plan of the Villa Apartments by Capital Smart City
Despite reasonable pricing, Capital Smart City has offered many attractive features in the payment plan of their new product – The Villas.
- The Villa Apartments have a payment plan of four years instead of three years. This helps in reducing the amount of monthly installment.
- The price of The Villas include the development charges. So, there will not additional charges at the time of possession.
- Members can choose either a monthly installment plan or a half-yearly installment plan. This gives everyone the ease of managing installments according to their own cash flow dynamics.
- You can choose or select your Villa apartment if you pay 25% of the price as down payment. Since 20% of the price has to be paid within the first month as down payment and confirmation. Getting the choice at 25% down payment will be reasonable for majority of members.
- If you book your villa at lump sum payment, you will save 5% of the price. Morever, if you book your villa apartment at 50% down payment, you can save 2.5% of the price. The benefit of buying at a higher down payment is that you will have an even lower installment and you will also get Villa Selection.
An expanded version of the above payment plan is as follows. If you go by this plan for 3.5 marla Villa Apartment, you will have a monthly installment of Rs. 22,375 and a half-yearly installment of Rs. 134,250 after six months. Check out the detailed payment schedule below.
You can also download the official brochure of The Villas here. Call +92 334 5557734 for further details and booking! Sign up for further details below!
The booking of Villa Apartments is also expected to be closed in a few weeks. If you cannot make up your mind whether you should invest or not, check out the updated review of Capital Smart City here.
Moreover, Capital Smart City has offered its members some attractive discount offers in past. Stay tuned for the next discount!
Book your Villa Apartment right now!
Call +92 334 5054117 to talk to our featured real estate agent, Sahban Tariq Malik, who is also an authorized agent and diamond partner of Capital Smart City and and active portfolio manager of more than 700 national and international clients.
Follow us on Facebook to stay updated with what’s new at Islamabad Projects.