Army Welfare Trust, or putting it simply as AWT, is a business branch of Pakistan Army which consists of mostly retired army officers. It is involved in diverse business portfolio which includes Financial Sector, Agriculture Sector, Real Estate and many more. It has been running successful housing schemes in Lahore, Karachi and Islamabad. The organization has its head office in the AWT Plaza on The Mall Road, Rawalpindi. Our topic revolves around AWT Housing Scheme in Sector D-18 Islamabad near Sangjani.
AWT D-18 Islamabad launched about 20 years ago with the concept of providing cheap residence to army officials and other employees of AWT in Islamabad. The housing scheme consists of blocks A, B, C, D, E, F, G and H; all blocks are fully developed and ready for construction. There are just a few houses constructed in the society but more construction is expected after the Sangjani Interchange is complete and opens up direct access to the society. The society is expected to launch few more blocks after the completion of the Interchange due to the fact that the demand for properties is much higher than the number of plots available in the society. Further expansion will be made in order to the cater to the increasing demands.
AWT Islamabad is a fully developed housing scheme. It has all utilities and facilities available which includes roads, streets, street lights, sewerage, water, electricity and gas. A concrete boundary wall surrounds the society which is an additional feature of AWT. It has planned parks, mosques, commercial areas, schools, hospitals, cinemas etc in the scheme which will be available for the residents of AWT as soon as the society is inhabited. It is expected to be fully populated in the next 4 to 5 years due to the increasing investment trend in the society.
AWT Islamabad lies at around 15 KM from main Islamabad City. If you check the location of AWT on google maps, you will be able to understand the location in a better way. It lies on the M-1 motorway. If we travel towards Peshawar, its A block lies to the right side of the motorway and the remaining blocks are situated to the left side of the motorway. It is in fact an ideal location after the expansion of Islamabad and higher property prices in most of the CDA sectors. AWT is also closer to New Islamabad International Airport; average distance is around 10 minutes drive from the airport. Its neighboring societies are Engineers Cooperative Housing Scheme, Wapda Town, Ministry of Commerce Employees Cooperative Housing, Gulshan-e-Sehat and PECHS.
Property prices in AWT are neither very low, nor very high. Prices are just reasonable considering the location, development status, background, developments in the neighborhood and future potential. Prices have begun to rise in the society recently after the inauguration of Sangjani Interchange project and the rise is expected to continue throughout the year 2014.
The Society has 10 marla, 1 kanal, 2 kanal residential plots and 2.5 marla, 4 marla, 8 marla commercial plots. Average prices of 10 marla plots across all blocks range from 18 lac to 30 lac, 1 kanal plots from 30 lac to 50 lac and 2 kanal plots from 45 lac to 60 lac. Commercial plot prices of 2.5 marla could vary accroding to blocks but average price is around 20 to 25 lac, 4 marla average price is around 50 lac and 8 marla average price is around 1 crore.
AWT is an ideal investment opportunity in Islamabad due to 3 major developments.
1- New Islamabad Airport
2- Sangjani Interchange on Motorway
3- Margalla Avenue