Capital Smart City DHA Merger
In light of recent notification, Capital Smart City DHA Merger officially disclosed now. The rumors regarding the merger of Capital Smart City Islamabad with Defense Housing Authority Islamabad-Rawalpindi (DHAI-R) surrounding the town from the last several months. However, this joint venture officially disclosed now. DHA is going to undertake this phenomenal project on shareholding basis.
Agreement Details
Framework regarding Capital Smart City implementation agreement between Chairman of Future Development Holdings (Pvt) Limited & Vice President of Defense Housing Authority Islamabad (DHAI-R) has duly signed on November 30th, 2018. In view of this agreement, name of the Capital Smart City Islamabad speculated to change into DHA Smart City after this official announcement.
Capital Smart City known as first ever smart city of Pakistan. It is indeed an innovative & futuristic approach in Real Estate sector. It is planned to become biggest Eco-friendly Smart City. Furthermore, it will provide excellent residential & business opportunities to its residents. The developers have particularly planned this smart city on the principles of self-sustainability. Keeping in view the influx of population & boom of urban migration in Rawalpindi & Islamabad over time, this project will idea for residential and investment purpose.
Developers
Capital Smart City is a project of Future Holdings Developments (Private) Limited in collaboration with one of the most reputable developer of Pakistan namely Habib Rafiq (Pvt) Limited. HRL is offering its services chiefly from the past 60 years. Meanwhile Defense Housing Authority is one of the leading firms when it comes to building & development sector in Pakistan.
Also Read : Approved Housing Societies In RDA
DHAI-R always comes up with exclusive yet lucrative opportunities for smart investment. It offers unique residential, business space with all comforts, amenities & timeless elegance. In the past few years, DHA has spread & expanded at a phenomenal pace in Pakistan by keeping the quality consistent. A wave of excitement has been seen within investors and buyers to hear this news as both are experienced & veteran companies.
Current Market Situation
Most of the residential plots of Capital Smart City already sold out. Prodigious rise will be seen form now on wards in buying & selling of plots now. Capital Smart City DHA merger considered as smart move by experts. As DHA is a established & reputable organization. This partnership will aid Capital Smart City to build its reputation without any hustle. Moreover, it will secure this new project from big challenges in long run in near future. This merger will take this project to towering heights in near future.
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