Thanks for all your nice suggestion.
@asifcae Yes. Another friend also suggested the time I am planning to visit will not be good for Kaghan / Naran as I won't be able to go beyond Naran. Also, I am going with a group of friends not with family this time.
After going through all your replies and discussing with my group members, we have decided to opt for Neelum and AJK route.
So now when you say roads are dangerous in Neelum. Could anyone explain this a bit more? Our group members have been to Chitral via Lowari Top and I believe that was a pretty adventurous road. Is road to Neelum and AJK dangerous than that?
Now a few other questions in this regard:
As we plan to spend a day in Murree and then leave from there next day. So would it be a good idea to hire a dedicated car / hiace etc from there to Neelum and AJK or we should first reach Neelum and then hire vehicles from there for further traveling?
Also any recommendation for Hotels in AJK?
I will also update this thread in case I get any further information while I am reading more about it.