- August 7, 2023
- Posted by: Muhammad Shehzad
- Category: Blogs
Foreign Office Employees Cooperative Housing Society is (FOECHS) an ideal location in Islamabad. It’s a project of the Foreign Ministry of Pakistan. This project was launched for the benefit of Foreign Office Employees, 4 blocks of this project are already developed and in possession. It is located near the Thalian Interchange attached to the CDA sector I/16 Islamabad.
Introduction
Foreign Office Employees Cooperative Housing Society (FOECHS) Islamabad is a project of the government of Pakistan. It was registered with the Cooperative Societies Department, Islamabad Capital Territory on 11 November 1984. The revised layout plan has been approved by RDA and No Objection Certificates (NOCs) have been obtained from all the concerned departments.
FOECHS Developer
Foreign Office Employees Cooperative Housing Society (FOECHS) is under the supervision of its management committee. The housing scheme is authorized and registered with the Cooperative Societies Department, Islamabad Capital Territory.
The committee members are responsible for the development, maintenance, and other operations regarding their under-development mega-projects.
Management Committee Members
- Dr. Israr Hussain
- Mr. Hashim Kayani
- Mr. Fahim Khan
- Dr. Imtiaz Aziz
- Mr. Muhammad Ishtiaq
- Mr. Khalid Bashir Tabassum
- Mr. Muhammad Akram
Location and Accessibility
Foreign Office Employees Cooperative Housing Society (FOECHS) is ideally located adjacent to the I-16 Sector of Islamabad in Village Lakhoo, Rupa, Nirhala, and Kot Kollian District Rawalpindi. The primary access to the Society is from the I-16 sector of Islamabad.
- 30 Kilometer from the office of the Ministry of Foreign Affairs Islamabad
- 10 Kilometer New Islamabad International Airport
- 12 Kilometer from the Saddar Rawalpindi
- 9 km Kilometers from the Combined Military Hospital (CMH)
- 29 Kilometer from the Blue Area Islamabad
- 35 Kilometer from the Bahria Town Rawalpindi
Nearby Landmarks
- Mivida City
- Rudn Enclave Rawalpindi
- Nova City Islamabad
- Metro City
- NUST University
- New Islamabad International Airport
- Capital Smart City
FOECHS Extension Blocks
FOECHS Islamabad has launched the new block name Extension. These are limited plots at a 2.5-year easy installment plan. The booking process is membership fee, down payment/booking, and after the 30 days confirmation.
There are 3 sizes:
- 5 Marla
- 10 Marla
- 1 Kanal
RDA and NOC Approval
FOECHS, a project of the government of Pakistan is already approved by RDA all NOCs are clear, and there is no litigation. Already 4 blocks are developed and in possession. If we check the rates of these blocks in the market 5 Marla plot price is 35 lac to 40 lac in cash.
Basic Amenities
This Housing Schemes also provide the essential amenities and facilities including Electricity, Gas, Fiber internet, Road networks, Masjids, Schools, Hospital and Parks
Market Analysis
The market activity had been relatively poor at the beginning of the year. And by the end of it, there hasn’t been much change. The dull market situation remains.
The market activity depends on the beginning of the construction of houses and other factors which take some time. So it is not unexpected that for now, the market is unfavorable for investors.
FOECHS Price Trends
The prices, however, have been appreciating all this while. The prices saw a large jump earlier in the year. However, since then the appreciation has been slow. The prices currently stand as follows:
Plot Size Prices in PKR
150 sq. yd. 1,700,000-2,100,000
300 sq. yd. 2,400,000-3,200,000
600 sq. yd. 3,500,000-5,000,000
Investment Prospects in the Future
As mentioned before, the market activity will depend on when the construction of houses begins. The issue concerning the construction of houses is that most of the owners of the plots are foreign office employees who actually post abroad.
FOECHS is a well-developed society. But it still needs gas. After the provision of gas, one might attempt to consider investing more in it.
This will depend on Rawalpindi Ring Road which can be a great thing for FOECHS in terms of ease of accessibility to the rest of the city.
How to Buy Plots in the Housing Scheme
If you are interested in buying plots or investments of any magnitude then you should contact Extremes Marketing.
Our sales agent will offer the best property consultation services to help you out in sealing the best deals.
Also, check out the Payment Plan of FOECHS click on the link below.
Steps to Follow:
- A copy of your CNIC or Passport.
- A valid membership form can only be provided by the official authorities.
- You would also require to have consultation services from our sales agent.
- You should never process any transfer or pay fees related to the housing scheme in Islamabad.
Conclusion
Discovering a residential haven that aligns with our requirements and aspirations is truly a gem in today’s fast-paced world. Moreover, in fulfilling this role, the Foreign Office Employees Cooperative Housing Society goes the extra mile by fostering a sense of community and shared purpose among its residents. Notably, the society stands out as a prime example of cooperative living due to its strategic location, modern amenities, and tightly-knit community.
FOECHS Extension is the best opportunity for the salaried person he can book and pay the easy installment. You have booked the plot at the Pre-lunching rate.
If you are interested in learning more about profitable investments in Islamabad, please consider reading about Nova City Islamabad and the Kohistan Enclave.