Unlike old blocks, Executive Block is altogether a different project. There are total 5000 residential plots in this block, and plot sizes are 7 marla, 10 marla and 1 kanal. These plots will be launched in 3 phases, i.e. 1500 plots will be sold in first phase at initial prices, then 1500 in 2nd phase at revised prices, and then 3rd phase will include 2000 plots at even higher prices.

First phase of bookings is starting from 10th of August 2020, and there are only 1500 plots in this booking. Official pre-launch prices have been disclosed now, so you can check the prices and payment plans below:

Once all plots are booked, the society will conduct a computerized ballot to allot plot numbers to all file holders. The map of Executive Block will be unveiled after the ballot. This entire booking exercise will close within next 2 months, so you can expect balloting of plots after 3 months or so.

It is important to mention here that the society is currently just launching residential plots, while commercial plots will be launched at a later stage at higher prices.

After the Rawalpindi Ring Road project has been finalized and awaiting official inauguration in December 2020, Rudn Enclave is getting direct impact on its overall market situation as well as prices. Since there are lots of developments happening in this area, it is quite pertinent to share latest information from time to time so that you can keep abreast of the ongoing developments and plan your investments accordingly.

Despite ongoing political and pandemic crises, real estate market has been quite active in the second half of year 2020 and investments are pouring in from local investors as well as overseas Pakistanis. There are multiple investment venues right now in the twin cities which are attracting major chunk of investment and RUDN Enclave is one of such hot investment options which performed really well in the days of Pandemic and still continues to grow due to its intrinsic features.

Since the finalization of Rawalpindi Ring Road alignment in June 2020, the society literally stopped its development work at General Block. Slight changes have been made in the master plan to accommodate alignment of Ring Road through the society, and NESPAK claims to have finalized those changes in the master plan of Rudn Enclave. The revised map, however, has not been made public till date. The society will resume development work at General Block after the physical demarcation of Ring Road at project site by concerned government authorities, so it can take another couple of months to see development at General Block.

After the launch of Executive Block in August 2020, the society deployed some vehicles on the project site and started earthwork. A site office has also been set up at the project site where visitors can get project briefing and assistance on site visit. The earth work still continues at a normal pace, and about 2 dozen machines are currently deployed at various parts of Executive Block to perform the earthwork, i.e. cutting, filling and leveling of land for roads and infrastructure.

The society has successfully acquired about 20,000 kanals of land which has been transferred in the name of the company and letter has been issued by Revenue Department. About 14000 kanals of the acquired land has been surveyed by NESPAK where master planning has been partially done. Rudn Enclave has managed to acquire land up to Chakri Road, so it is going to have its new entrance from Chakari Road in the future, and that area will be right in front of Capital Smart City.

Topographic survey of newly acquired land starting from Jawa Dam up to Chakri road is currently in progress, and soon the society will disclose its plan for a new block that will be accessible from Chakri Road.

Following is the video showing status of current development in Rudn Enclave Executive Block:

As regards the re-construction and widening of Adyala Road, almost 95% of the road up to Rudn Enclave has been built, and you can easily access the society from Bahria Town or GT Road through this newly built road.

There are four major questions which are frequently asked by investors/potential buyers regarding Rudn Enclave:

• What is the legal status of Rudn Enclave?
• Who is the developer of Rudn Enclave?
• How much time will it take to deliver?
• What is the benefit of investment in Rudn Enclave?

We will address these questions in our blog today, so that you can get to know the firsthand information on the ongoing and upcoming developments.

What is the legal status of Rudn Enclave?

Rudn Enclave submitted its application for NOC at RDA in July 2020, however it is still pending approval after about 5 months. The society has, however, received planning permission from TMA Potohar, and WASA, and land document has been issued by Revenue Department already.

As per the rules announced by the Federal Government, housing authorities had to issue NOC’s of housing schemes within 90 days of submission unless there is valid reason to delay. RDA has failed to follow the policy so far, instead, some of its officials have been arrested by NAB on charges of corruption. So, all applications are currently under review by the new management and soon we will see positive outcomes.

According to the society management, RDA is considering their application as it is following guidelines chalked out by the authority and not confronting them as done by Blue World City. It is a matter of few weeks or months to get final approval from RDA, and NESPAK is helping them in this process.

While other things are in the pipeline, NESPAK has surveyed and verified the land which they are planning on, so we can rest assured that the society has legal ownership of the land which they are selling. Therefore, risk level is minimal in this investment.

Who is the developer of Rudn Enclave?

RMRSCO Private Limited is the Owner and Developer of Rudn Enclave. Since its own profile is no that big, the society has also engaged a third-party developer whose name is still not disclosed. NESPAK has also helped them in this process, and the society claims to have finalized all terms with the developer.

Until the NOC is issued by RDA, RMRSCO will be engaged in earthwork at Executive and General Blocks. This new developer will initiate full fledged development work right after the society is legally allowed by Rawalpindi Development Authority.

How much time will it take to deliver?

Rudn Enclave is comparatively a new housing scheme, and it has started off with the development work just recently, i.e. about 3 months back. As per the projected timelines given out by the society, Executive Block will be delivered by end 2023, whereas General Block will be delivered by late 2024.

Among all General Blocks, A Block is scheduled to be delivered in next 3 years. That is why they offered bookings with 40% down payment and 3 years installment plan.

As mentioned earlier, the society has just started. The initial blocks will be ready for possessions in next 3 to 4 years, while some new blocks are also in the planning stage that will follow over the next couple of years.

What is the benefit of investment in Rudn Enclave?

Rudn Enclave is one of those housing projects which get highlighted due to external factors, i.e. Rawalpindi Ring Road. Since it is the only housing project which lies at the route of Rawalpindi Ring Road, it has to get maximum advantage of its location in the years to come.

Following are few reasons to invest in Rudn Enclave:

• Beautiful location between two dams
• Land ownership is verified
• NESPAK is the planner
• Prices are comparatively lower
• Flexible installments plan
• Registry available on full payment
• No overselling of files
• Location right at Rawalpindi Ring Road Adyala Interchange

Once physical development work starts on Rawalpindi Ring Road, you may see immediate rise of up to 20% in overall prices of land along the route. If you keep your investment for short term, you can expect up to 30%+ return on this investment due to external factors. If NOC is also issued as expected within few weeks or months, you may expect another increase of about 20% in the market prices of Rudn Enclave.

If you hold this investment till completion of Rawalpindi Ring Road and development of few blocks in Rudn Enclave, i.e. up to next 4 to 5 years, your return could be up to 200% as compared with current prices.

Since more than 50,000 traffic will use this road per day, commercial areas will grow more expensive due to high demand. Not only external traffic will use this route, but also the local residents will be using this route to access motorway and airport. Additionally, Government’s own commercial zones will be established along this very route, so commercial activities will thrive in this area and people will prefer living in these housing schemes where they can live and do business.

The estimated timelines of developments are based on the official statements by the Government Authorities, therefore you can add some margin for operational delays in completion of the project. Nonetheless, the project plan has been finalized and the Government is in final stages of land procurement and tendering.

Price Updates

Rudn Enclave increased overall prices of general block by 20% in August 2020, and another 20% increase is coming in the next few weeks. Commercial plots and farm house prices have been increased three times this years due to scant availability of options and higher demand.

Similarly, Executive Block prices have been revised once by 10% in December 2020, and another 10% increase is coming in next few weeks. Commercial prices have been revised by 20% and there are very few commercials left.

Rudn Enclave is an upcoming housing scheme situated on crossroads on Rawalpindi Ring Road and Adyala road in Rawalpindi. It aims to become a hallmark of contemporary architecture & a service-oriented project. Making use of national & international skills & expertise, it is determined to deliver world-class luxuries & facilities to its residents. Rudn Enclave is a proud project of Rmrsco (PVT) LTD

Present on a key location, its delivering modern life amenities & services that are in harmony with nature. Moreover, major area of society faces the natural water body, Khasala Dam. All the basic needs of life will be fulfilled at this place. In the proximity of New Islamabad International Airport, it provides residential, commercial plots, apartments & all other features that one could imagine.

Watch more  https://www.facebook.com/watch/?v=1504304933093824

Price Plan

Mariner Property Services Islamabad is authorised booking agent of Rudn Enclave. Contact Waqar Satti for Booking 0333-5119499

 

Rudn Enclave is a project that is specially designed for the lower-income or fixed-income strata of the society. Furthermore, Rudn Enclave is one unique project due to fact that they started booking after 25% of development work was already completed at the site.

In order to facilitate its residents, basic utilities would be provided to residents on priority base.

NesPak is the main design consultant of Rudn Enclave. It is prestigious Government institute. It is one of the top engineering consultancy organizations in Asia and Africa. It came into being in 1973. It aims to gather pool of engineers at a single place. Currently NesPak has total strength of over 5100 employees. The Total speculated turnover of year 2016-2017 is Rs. 8.8 Billion with the total cumulative cost of the projects undertaken by NesPak is US $ 288 Billion.

Its developer is Rmrsco (Pvt). Ltd , an organization of accomplished engineers, project managers and technical professionals that endeavor to take the most distinguished civil engineering and construction projects in Pakistan. The firm is fully equipped with all the core competencies and able to challenge any dynamic project from the ground breaking to completion in an effective manner.

 

WHY RUDN ENCLAVE

04/05/2020

RAWALPINDI: The Rawalpindi Development Authority (RDA) has issued a notification under section 4, allowing the government to secure land along the Ring Road to develop multiple projects.

Under this notification, the land will be procured from individuals by the government on decided rates.

The authority will utilise the land to establish a housing project under Naya Pakistan Housing scheme, a medical city, and an economic zone informed RDA Chairman Tariq Murtaza.

In addition, educational institutions including a technical college spread over 700 acres, a 300-acre hospital, along with parks, various markets will also be set up along the signal-free corridor to accommodate the residents of the housing project, he further added.

The project scheduled to be completed until 2023 will not address the existing traffic congestion issues faced but also alleviate the noise and environmental pollution experienced and boost the economic activities.

The authority will also designate land for the development of various commercial sites, and industries, along with health and education facilities

A financial model is yet to be finalised by the authority to complete the project, the chairman

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