Nova City Islamabad is a rising society near Islamabad developed by Nova City developers. The housing society is a well-known real estate developer and now manufacturing Nova City Housing Society Islamabad. They are popular for their superior quality infrastructure development. It is situated right next to the CPEC route, Fateh Jang Road, and Rawalpindi Ring Road. The society is scheduling and organizing to offer a central location near Islamabad and Rawalpindi. Once the Nova city NOC approval will be achieved it will gain more popularity.
The authorization and acceptance of the Nova City Islamabad residential scheme is taking place. The Nova developers are planning to launch the society soon with all the luxurious facilities at low rates. This housing society has not been officially initiated yet, but the reports indicate it will soon be launched. Before going to study further, let me clear you about the NOC of Nova city. The Nova city NOC approval is under process.
Nova City Islamabad Location
Nova City Islamabad is located at one of the ideal locations in the twin cities of Rawalpindi & Islamabad and a prime location near the recently proposed Rawalpindi Ring Road and CPEC route. The main gate entrances Ring Road and the opposite side of the social links with CPEC. Nova City is close to the CPEC route and almost near the new Islamabad International Airport.
The location is in a central spot, where the society is simply approachable from Islamabad and Rawalpindi. New Islamabad International Airport is just a couple of minutes’ drive away. The close area of the airport makes it highly profitable for frequent travelers.
No Objection Certificate (NOC) of Nova City
NOC is the primary consideration of any housing society and for investors. The acceptance of NOC empowers a housing society and builds up an intuition of trust in the community and developers. Previously, Nova City already received Planning Permission from Fateh Jang TMA, and their final NOC approval is in the procedure. It’s yet to be granted by concerned authorities, but Planning Permission approval shows it’s well under processing.
Nova City Islamabad has already obtained Planning Permission PP – 1 approval from TMA. It’s the No Objection Certificate signifies those authorities have permitted the developers to develop their projects. In simple, PP – 1 is a powerful indication that authorities (TMA) will soon issue a legal NOC to Nova City Islamabad.
The developers will legally launch Nova City housing society Islamabad with its unconditional kindness when the NOC is authorized. The advertising period of the organization is also not initiated yet due to the under process of NOC.
Nova City NOC approval Importance
The Nova City NOC is a significant feature in identifying how successful the society is going to be. NOC approval is one of the leading things any potential investor will ensure since it adds authenticity to the housing project.
A NOC approval states that related municipal organizations have legalized the housing society to receive basic facilities. These could be electricity, gas, water, and sanitation. The Nova City NOC authorizes the project by signifying that TMA has gone over the file tracking process.
Thus, once you have given the down payment to your plot, the TMA will supervise and determine the file’s status to prevent any corruption. NOC approval helps to upgrade a level of clarity throughout the real estate market.
Moreover, before approval of a NOC, TMA will be examining the payment plan and the plan of the project to make sure that the investors don’t end up at a loss.
They are offering the following residential Plots: 1- 5 Marla 2- 10 Marla 3- 1 Kanal 4- 2 Kanal
Facilities and Features
Nova City Islamabad is surrounded by numerous facilities, which are essential for a comfortable living. A comprehensive road network is established so that the flow of traffic remains easy throughout society. Electricity is available 24/7. Other than that, to freshen up your mind, there is a large-scale sports complex and many family spots. Also, being in solid connection with CPEC Route Nova City will have several other benefits in the coming years. 1- Electricity 2- Clean Water system 3- Community Club 4- Educational and health facilities 5- Football play area 6- Security 7- Sui gas 8- Gated Community 9- Hospital with Experienced Staff 10- Parks 11- Sports complex 12- Tennis courts 13-Waste Management 14- Well-attained cricket grounds
Conclusion
Nova City Developers establishes Nova City Islamabad at an ideal location near Islamabad. The area alongside the CPEC route and Rawalpindi Ring Road makes it the most profitable housing society of the future. The Nova city NOC approval is under process.
Society is reassuring in nature as it has full potential to bring high yield profitable returns. Now is the golden opportunity for those who believe in a productive future. Society assures the best infrastructure development of the residential area at the most affordable rates with lavish amenities. To get more information about Nova City Islamabad, you can visit our websiteEstate Land Marketing.
Share this:
https://estateland.com.pk/wp-content/uploads/2021/10/Please-provide-the-design-for-Nova-City-Noc-approved-or-Not-Guide.jpg5251200estatelandhttps://estateland.com.pk/wp-content/uploads/2021/06/logo-for-website-1.pngestateland2021-10-07 10:32:162021-10-08 07:00:19Nova City NOC Approved or Not : Guide
Pakistan does not have a ‘China debt’ problem, Asad Umar to US report critical of the CPEC. Asad Umar, Pakistan’s Minister of Planning and Development, claimed Wednesday that Pakistan does not have a “China debt” problem related to loan financing for the China-Pakistan Economic Corridor (CPEC) project.
Addressing a press conference in Islamabad, the planning minister admitted that Pakistan faced debt servicing and sustainability challenges but emphasized that “we do not have a China debt crisis.”
Umar replied to a recent report critical of CPEC by Aid Data, a US-based international development research organization.
He remembered that the report cited four significant concerns regarding CPEC:
A lack of transparency
The imposition of personal loans on Pakistan
The high cost of loans
Pakistan’s debt ballooning to an unsustainable level due to CPEC
Umar dismissed the concerns, stating that I had disclosed the information about CPEC projects numerous times and that Senate and National Assembly committees had even had their questions addressed. “It is subject to parliamentary monitoring,” he explained.
Umar stated that the National Electric Power Regulatory Authority had data on energy and power projects. The government had supplied information regarding CPEC to the International Monetary Fund from the commencement of the initiative.
He said that in other situations, the government employed sovereign guarantees or standby loans to support the private sector in investing rather than providing funds.
According to Umar, CPEC loans for private power projects were significantly less expensive than loans from other international institutions such as the World Bank or the Asian Development Bank.
He stated that the vast majority obtained at a discounted rate of 2% concerning infrastructure loans.
According to Umar, China contribute additional funding for other CPEC projects, and when these are included, “the average rate of government-to-government loan is less than 2%.”
According to the planning minister, the material had been disseminated “before” and was being reiterated in light of the report’s media prominence.
‘China’s debt accounts for less than 10% of Pakistan’s total debt.’
Concerned that Pakistan’s debt had reached a “dangerous level,” he stated that Chinese debt accounted for only 10% of its total debt (internal and foreign) and 26% of its external debt.
“So although 74 percent of the [loan] money we obtained from the rest of the world — primarily from the West and multilateral agencies — does not imperil Pakistan, the other 26 percent does? It is an entirely erroneous argument, “he contended.
He asserted that Pakistan’s debt sustainability troubles are not the result of Chinese loans but instead of the country’s problems.
Umar further denied that Chinese investors received special treatment, noting for establishing power plants were created.
“Under those conditions, only Chinese investors came to establish [power plants]. Thus did not this strategy for the Chinese alone, but for the entire world,” he explained.
Rather than to broadcast them “without adequate verification and understanding.”
Adding that “this is neither good journalism nor does it serve Pakistan.”
The first phase of CPEC did not intend to generate jobs. He referred to industrialization enterprises, industrial investment, manufacturing, and agricultural endeavors.
Umar stated that Pakistan and China would welcome more nations’ participation in CPEC. He said that it would be a “excellent concept” to make it a regional corridor, which “Pakistan will fully support.”
Additionally, the minister urged the international community to preserve financial ties with Afghanistan and participate in the country’s development process.
https://estateland.com.pk/wp-content/uploads/2021/10/Pakistan-does-not-have-a-China-debt-Asad-Umar-to-US-report-of-CPEC.jpg7001600estatelandhttps://estateland.com.pk/wp-content/uploads/2021/06/logo-for-website-1.pngestateland2021-10-06 13:52:382021-10-07 12:10:38Pakistan does not have a ‘China debt’, Asad Umar to US report of CPEC
NSA asks neighboring countries to invest in the China-Pakistan Economic Corridor. Dr. Moeed Yusuf, NSA, welcomed surrounding the countries to invest in the multimillion-dollar China-Pakistan Economic Corridor (CPEC). He called it a game-changer for the whole region.
Dr. Moeed told that CPEC was not only a moniker for a road or railway system. A far-reaching megaproject that would bring about a “economic revolution”. The security adviser expressed hope that “the dreams associated with CPEC will come true.
He said the bilateral ties between Pakistan and China were improving year on year. He added that China was a reliable ally who had always supported Pakistan in times of need.
In response to a question about Kashmir. Dr. Moeed stated religious intolerance was rising in India under Modi. He said that “no minorities are secure in India, not even Muslims or Dalits.”
Dr. Moeed explained that CPEC was not just a catch-all term for a road or rail infrastructure. A massive undertaking that would result in a “economic revolution.” The security adviser expressed hope that “CPEC’s dreams will come true.” He stated that Pakistan’s bilateral relations with China were improving year after year.
He urged the international community to hold India accountable for abuses in Jamm. NSA asks neighboring countries to do investment in the China-Pakistan Economic Corridor.
https://estateland.com.pk/wp-content/uploads/2021/10/NSA-invites-neighboring-countries-to-invest-in-CPEC.jpg6301440estatelandhttps://estateland.com.pk/wp-content/uploads/2021/06/logo-for-website-1.pngestateland2021-10-06 12:51:402021-10-07 12:11:31NSA invites neighboring countries to invest in CPEC
The ECP bench has reserved judgment on the postponement of local government elections in Islamabad.
A two-member panel of the Election Commission of Pakistan (ECP) reserved its decision on Tuesday. After hearing government officials’ concerns over the delay in holding local government elections in the capital.
Nisar Ahmed Durrani and Shah Mohammad Jatoi presided over the bench. They heard statements from the interior secretary, chief commissioner, and deputy commissioner. They addressingthe government’s preparations for local government elections in the capital.
During the hearing, ECP Special Secretary Zafar Iqbal informed the bench that local government elections ended on February 14. The ECP has 120 days to poll. He stated that the ECP had written multiple letters to the interior secretary and chief commissioner expressing their concerns.
Interior Secretary Yousuf Nasim Khokhar said he informed the ECP of plans to hold local council elections in Islamabad. The federal government was drafting a new Local Government Act to give the new system greater authority.
The Ministry of Law and Justice is in charge of evaluating a draught act.
The law ministry will study the draught bill before presenting it to the Cabinet Committee on Legislative Cases (CCLC).
It is pertinent to note here that ECP had invited the interior secretary and chief commissioner for the said hearing in connection with the delay in providing required information and enactment of local government law in advance of the impending local government elections.
AS MENTIONED EARLIER, the ECP had directed the officers to appear before the commission via separate letters (dated Sept 27). On August 5, the ECP Secretariat met, with the interior secretary and top commissioner among others.
According to the ECP’s letter, “during the meeting as mentioned previously, on the assurance of the federal government for taking necessary steps/making arrangements, namely the establishment of union councils with an average population of 20,000 per union council and the requisite legislation/enactment of a new Local Government Act with the approval of the federal cabinet, a period of on.
The election commissioner instructed the chief commissioner to provide required materials (including maps and data) for local government constituency delimitation, but he did not.
Article 140 A (2) read with section 219 (4) of the Elections Act, 2017 requires ECP to arrange local government elections within 120 days of the end of the term.
The letter emphasized that constituency delimitation is a necessary first step and a component of organizing and conducting elections reasonably and equitably, according to sections 17 and 221 of the Elections Act, 2017.
The Interior Ministry notified the 50 union councils, forcing the ECP to cease delimitation. This was stopped on July 6 when the Interior Ministry notified the 50 union councils. Since then, no more.
However, the federal cabinet approved revising the Islamabad Local Government Act, 2015, last month. Additionally, the cabinet approved an increase in the number of union councils from 50 to around 100, with each union council expected to have a population of 20,000.
https://estateland.com.pk/wp-content/uploads/2021/10/Islamabad-local-government-polls-delayed-by-ECP.jpg7001600estatelandhttps://estateland.com.pk/wp-content/uploads/2021/06/logo-for-website-1.pngestateland2021-10-06 11:03:512021-10-06 12:53:50Islamabad local government polls delayed by ECP
Pak Arab Housing Society is a housing property authorized by the Lahore Development Authority (LDA) and situated on Ferozpur Road, near the Lahore Race Club. The WAK GROUP Developers are very proud of their real estate projects. Furthermore, the plan is one of those housing societies that offer luxury lives at the most affordable prices possible.
Pakistan-Arab Housing Society has evolved into a genuine representation of a model housing project in the twenty-first century. Furthermore, this society has become the most popular choice among investors looking for a housing scheme that offers a simple payment plan and the most up-to-date facilities available. Furthermore, this project provides individuals with the opportunity to experience an atmosphere free of the hustle and bustle of daily life in a quiet and peaceful setting via a variety of activities. In addition, Pak Arab Housing Society Lahore is primarily intended to serve as a low-cost shelter for homeless people. When it comes to bringing the master plan of society to fruition, the WAK group has played a critical role.
Developers
The Pak Arab Housing Society in Lahore is owned and developed by the WAK Group, based in Pakistan. So, The developers have established a solid partnership based on mutual trust and transparency through their lawful real estate projects.
The following are examples of outstanding projects completed by the WAK Group:
Projects by WAK Group
WAKGAS – February in the year 1984
The LPG Marketing License was obtained in August 1989, and the OGDC and PPL agreements were made in May 1989.
The WAK GAS Company started operations in August of 1989.
WAK Steel began in April 1990, and Falcon Oil in March 1995.
Vital Enterprises was established in March 1996. (Pak Arab Housing Scheme) is an acronym that stands for Pakistan Arab Housing Scheme.
In 2002, the first broadcast was broadcast across the world.
April 2006, Horizon Construction began work.
Since 2014, Petrowell was established.
NOC Status
The Lahore Development Authority has approved the certificate of occupancy issued by the Pak Arab Housing Society (LDA). Besides that, every aspect of the construction and development is carried out in line with the law.
The Pak Arab Housing Society Lahore is located near the Lahore Race Club on Ferozepur Road and Defense Road, next to the Lahore Race Club. As a result, The housing project has been strategically located near all of Lahore’s significant monuments, transforming it into its central business district.
Accessibility
The housing society is accessible from Hayat-Nagar.
It is accessible from Saroba-Garden Main Road.
It can be reached from Gulshan-e-Ahbab Housing.
While Pak Arab society can be reached from Defence Road.
The master plan for the housing society was designed in line with contemporary urban development concepts. Moreover, The master plan directs the development of a community from a high level, focusing on methods to maintain a community’s distinctive identity, guarantee diversity, and attract investment. Public, local council, key stakeholders (such as historical, environmental, and cultural organizations), private contractors, and others are all represented in the master plan. Furthermore, It is done to guarantee that future growth takes various views and perspectives into account. Currently, a 400-Kanal expansion is in the early stages of development.
Pak Arab Enclave is a residential development that offers a luxurious lifestyle as well as the amenities you’ve always desired from your house. It is presently in the first stages of development.
Phase I
was completed in 2003 and contains a land area of 1530 Kanal, with 2789 plots divided into four blocks: A, B, C, moreover E. A, B, C Approximately 65 percent of the properties in Phase the lodging society has transferred me.
Phase II
When it came to Phase II of the Pak Arab Housing Scheme, the management intended to provide additional magnificent residential buildings directly linked to Phase I of the scheme. As a result, It took 1639 Kanal to finish in 2013. It was also divided into F1 and F2 blocks. These new initiatives are,
Phase Two (Pak Arab Housing Scheme)
also Golf View Lane Phase II.
Blocks
Block-A
Block-B
Block-C
Block-E
Block-F1
Block-F2
Payment Plan
According to the lodging society’s payment schedule, it is as follows:
Residential Plots
Investors may now buy the following residential plots:
3-Marla
5-Marla
10-Marla
Commercial Plots
Investors may now buy the following commercial plots:
3-Marla
4-Marla
5-Marla
Residential Villas
The commercial plots that are now offered for purchase by investors are as follows: so
5 Marla
Facilities and Amenities
The lodging society offers the following services and facilities as part of its overall package:
Nearby Entries
Excellent dining establishments with both dine-in and turn choices are conveniently located within walking distance of the housing community. Even though the neighborhood contains eateries, there are many restaurants in the surrounding area.
Bismillah You can go to the quick food restaurant and the Juice Corner on a one-minute trip.
It takes 6 minutes to get to La Cassa Delle from the train station.
Paratha is just a six-minute drive from the hotel.
The town of Nouman Azam is just 7 minutes away by a vehicle.
Chaman ice-Cream is located on Ferozepur Road in Ferozepur.
Ferozepur Road is also home to the well-known Haq Bahoo Food restaurant.
Institutions of higher learning in the surrounding region
Educational Institutions
The vast majority of people anticipate educational institutions near where they live or will be moving to. As a result, not only is the trip shorter, but it also saves time and gasoline. The developers have invited the most prestigious schools in the area to offer education in housing development. Moreover, there are more educational institutions in the vicinity of the housing project, including:
The housing society is just a 5-minute drive away from Allied School’s main entrance.
Approximately a ten-minute drive from Kamahan Road lies the EFA School of Arts and Sciences.
Approximately It takes 20 minutes to go to the Educators School from where I live.
The trip to Deaf Reach School and College takes about 25 minutes.
Moreover, Riphah University is just around a 20-minute drive from where you are staying.
Mosques
The Grand Mosque, which boasts magnificent architecture, is located inside the housing society. In addition, there are many tiny mosques. Furthermore, Some regional mosques are located near the housing development, making it convenient for residents to visit them. It saves the residents’ time while also lowering their fuel usage. The following mosques are within walking distance of the location.
This mosque is about 11 minutes away from civilization.
The Aisha Masjid is just a ten-minute walk away from the housing development.
while Masjid Umer is about nine minutes distant by car
Car travel time to Masjid Bilal is about ten minutes.
Water Resources
Society has considered the inhabitants’ water needs—the construction of large water reservoirs for everyday use by people. Also included in the society’s infrastructure will be filtered plants, which will ensure that the residents have access to clean drinking water.
Graveyard
The graveyard is a necessary component of every society’s structure. The inhabitants may opt to bury their dead relatives and pray for the prosperity of their eternal lives since life and death are unavoidable aspects of the human experience. They may also pay a visit to the graves of loved ones who are buried inside the organization.
Community Center
so The Community centers will serve as a focal point of social activity for inhabitants to engage in their communities. They will be able to engage in and enjoy the social activities while they are here.
Health Facilities
The project’s creators have given the provision of medical services in the particular neighborhood consideration. In addition Construction of state-of-the-art hospitals and clinics across the globe by the development team will be necessary to achieve this goal.
Business & Commercial Hub
Developers have considered all of the requirements of the inhabitants, including financial and commercial needs. As a result, society will construct a commercial complex that will include everything. Residents may satisfy all of their commercial requirements from inside the community by residing in these locations.
A feeling of community security is essential for a housing society to function well. A gated community provides safety. in addition, A security system with properly placed 24/7 CCTV cameras and other monitoring devices offers all-inclusive security to the people. Likewise, The neighborhood will be surrounded by a boundary wall with a failsafe system to provide a high degree of security.
High-quality Road Infrastructure
while The roads are built with professionalism and equipment to guarantee the ideal development. In addition, The central boulevard and streets are broad and spacious enough to give away a lovely appearance.
Why Should I Invest In Pakistan Arab Housing Scheme?
Pakistan Arab Housing Scheme (PAHS) Lahore combines contemporary conveniences with peaceful surroundings. Moreover, The housing society is well-known for providing exquisite and one-of-a-kind services to its residents and visitors. Probably the most satisfying feature is that it guarantees that all services are delivered professionally. As a result, Here is why the Pak Arab Housing Scheme Lahore is the finest choice for you, in more detail.
Security
A sophisticated security system protects the Pak Arab Housing Scheme in Lahore with CCTV cameras and a well-trained guard force. Furthermore, All of the building’s entrances and exits are closely monitored. Every individual entering or exiting the housing project will be subjected to a critical examination and verification by security personnel before being allowed to proceed.
Business Opportunities
moreover, In the housing plan, there are many business possibilities available. You have the reasons for purchasing a home plot for resale or buying a commercial property, and establishing a company organization. Even if your investment remains dormant, it will increase in value, allowing you to earn more money in more significant quantities.
Free Of Pollution
so The lodge society is a model of perfection in the living environment, with lush green landscapes and good air quality throughout. On the other hand, pollution in cities is a significant threat to public health and has considerable implications for social and economic well-being. Consequently, the Pak Arab Housing Scheme is a much superior choice for you and your family.
Pros and Cons
Pros
24/7-water
24/7-Electricity
24/7-Gas
Schools
Colleges
Roads, streets, lanes, and walkways for pedestrians
The vast and well-planned carpeted main boulevard,
close to the central locations and other societies
Theme Parks/Recreational Areas
Grocery/shopping center/Markets/Malls
Peaceful/ healthy/secure environment
Well-planned drainage & waste disposal systems
Green, innovative and sustainable housing society
Police Station to keep the law moreover orders
Security system
moreover CCTV Cameras & guards
furthermore, Solid waste disposal mechanism
Cons
Perception of high plot prices
Some blocks still have to be developed
while Valencia town Lahore’s strict restrictions may deter some investors from making investments there.
Conclusion
The WAK GROUP Developers are delighted with their recent real estate developments. Besides that, the housing development authorized by the Lahore Development Authority (LDA) and located on Ferozpur Road, close to the Lahore Race Club, the Pak Arab Housing Scheme (PAHS) is a residential development. Furthermore, The plan is one of those housing cooperatives that provides its members with luxurious living quarters at the most reasonable rates feasible. For instance, if you Have more questions about Valencia town Lahore? moreover, make sure to check out our website or directly connect us Estate land marketing
FAQS
Q1: In which part of Pakistan is the Pak Arab Housing Scheme located?
ANS: The housing society is located on Ferozepur Road, a prime location in the heart of Lahore city.
Q2: Is gas, water, and electricity available 24 hours a day, seven days a week?
ANS: so, the housing project has promised to provide all essential services to its residents. Water, natural gas, and electricity are all readily available at all times, etc.
Q3-Are there any commercial plots available in the community?
ANS: Yes, moreover it is a wide range of sizes available for commercial plots in our society.
Q4- Who are the owners and developers of the property?
ANS: The WAK Group is the company that built the housing society.
Q5- Does the housing society have a No Objection Certificate (NOC) that has been approved?
ANS: Yes, the LDA has approved the housing society’s notice of compliance.
Q6-Does the housing society have any residential plots for sale?
ANS: The residential plots are divided into the following categories:
3 Marla
5 Marla
10 Marla
Q7- Does the housing society have any commercial plots for sale?
ANS: The commercial properties consist of the following such as
4 Marla
5 Marla
Q8-Does the housing society have any villas for sale?
ANS: As a result of the housing society, 5 Marla residential villas are available for rent.
Q9- Does the Pak Arab Housing Society in Lahore have a gas distribution system?
ANS: Sui Gas is available in the housing society.
Share this:
https://estateland.com.pk/wp-content/uploads/2021/10/Pak-Arab-Housing-Society-Lahore.jpg5251200estatelandhttps://estateland.com.pk/wp-content/uploads/2021/06/logo-for-website-1.pngestateland2021-10-06 10:34:102021-10-06 12:47:44Pak Arab Housing Society Lahore
Park View City is CDA-approved and is a beautiful residential project by Vision Group in Zone IV of Islamabad. This housing venture is famous among investors due to its stunning views and high-end amenities. The Park View Cityhas a 400-wide Main Boulevard, which offers direct access from the highway into the community. Moreover, you can easily access it via Kurri Road and Banigala.
It is organized to provide a perfect location for families who want to live in a family-friendly neighborhood and a protective place with an innovative vision and attractive views.
Park View Housing Society is among the best housing societies in Islamabad and all the blocks are just immaculate. That includes Hills Estate Block, The Walk Commercial, and more. Vision group is in the ownership of Aleem Khan and a senior & active member of PTI. Park View City is the first project of Vision Group in the Capital.
Park View City is ideally at the opposite Bahria Enclave only 15 15-minute drive from Serena Hotel Islamabad and Bahria Enclave and Bani Gala; a 5-minute drive from the lush green botanical Garden, it is only a 1-minute walk. It is located an 8 km drive from Chak Shahzad through Park Road & Kuri Road.
Importance of NOC
NOC stands for No Objection Certificate. Therefore, it is a legal document that is released by an authority such as CDA or RDA. The NOC certificate indicates approval for the individual or company to continue development on the property. Hence, the NOC is required by a real estate buyer from the authority of a previous owner to make sure that there is no legal intervention attached to the property. To conclude, a NOC is essential when an offer, business deal, or any transaction is made. That’s why Park View City NOC approval gives value to its property.
NOC Approval Park View City
Park View City is an entirely legal housing society in Islamabad. The Rawalpindi Development Authority gives Park View City NOC approval. Rawalpindi Development Authority is a government sector corporation and authority accountable for providing Municipal and Town Services in Rawalpindi City. Well, the Park View City developers worked for it.
This housing society NOC is a legal one and the luxurious environment of Park View City is one of its best appreciable features, as it offers spectacular scenic views of Mother Nature. Hence, Park View City Commits to provide international recreational, commercial, infrastructure, and residential facilities. It gives residents services that exceed their anticipations.
Park View City NOC Update
When Park View City arrived in the market, everyone assumed that it would acquire an NOC from RDA because numerous nearby housing societies do have an RDA-approved NOC.
Thus, the Park View City Housing Society is among the few in the neighborhood to acquire a No Objection Certificate (NOC) from the Capital Development Authority (CDA).
The clearance of the NOC is essential for housing projects. Not only does the housing society have an authorized NOC, but it also holds CDA-certified documents. For example, just as cars with Federal Capital license plates have a different vibe, so do housing societies that have acquired CDA certification.
Features and Basic facilities
Park View City plans to offer comfort and luxury to its residents. It has all the essential resources needed for a family with the most acceptable peaceful environment. Advanced infrastructure, load shedding free society, the underground supply of electricity, and 24/7 availability of gas and clean water make it the ideal fit for your family. These facilities truly make Park View City Investment one of a kind.
Now, your family can enjoy the necessary and luxurious needs in a protective and beautiful environment.
Ideal Location
Advanced Infrastructure
24/7 Security
Underground Supply of Electricity
Load Shedding Free Society
Availability of Gas and Water
Conclusion
Park View City NOC authorization by CDA Islamabad is truly pleasant news. This society has a settlement of 200 feet directly from Kuri Road. Therefore, the investors won’t face any legal proceedings issues and can easily buy their required property.
Due to NOC approval, residents, as well as investors, will be advantaged. People in Park View City will never face any issues regarding the project’s legal status. Anyone can clarify the information of its NOC from the authorized website of (CDA). Everything is carried out honestly, and the developers keep legal proceedings from CDA in view throughout the development process. To get further information about Park View City, you can contact us at Estate Land Marketing.
Share this:
https://estateland.com.pk/wp-content/uploads/2021/10/Park-View-City-NOC-Approved-or-Not-Guide.jpg6301440estatelandhttps://estateland.com.pk/wp-content/uploads/2021/06/logo-for-website-1.pngestateland2021-10-05 12:49:202023-09-14 11:32:24Park View City NOC Approved or Not : Guide
The Blue World City is a prestigious housing society in the vicinity of the Federal Capital. Moreover, the development occurs under the Blue Group of Companies in collaboration with Shan Jian Municipal Engineering Company. The housing Society offers various excellent facilities such as Blue World Water Park. Moreover, the society is located adjacent to the Chakri Interchange & recently constructed Rawalpindi Ring Road.
The housing society is a prevalent one quickly due to its unique architecture and flexible prices. Furthermore, another excellent amenity is the Blue World City water park, built with the Guangzhou Haisan Amusement Technology & Co. Ltd.
Water Park
Water Park is among the various unique amenities that the society provides just as the Blue World trade center, sports arena, and more. The Blue World City water park encompasses pools, water slides, and other water-based activities in a specified area where visitors wear swimsuits since participation requires partial or complete submersion in water.
Water Park grants a children’s play area with up to 20 world-class thrill rides. Furthermore, all popular fast-food restaurants such as McDonald’s, KFC, Subway, Pizza Hut, and others are available for a fun-filled family day out! Moreover, it is a stunning tourist destination. The Water Park is over 70,000 square meters of hilly terrain with natural contours, adding to the delight and excitement of the site and 20 world-class hot rides.
Guangzhou Haisan Amusement Technology and Company Limited
The establishment of the Park is taking place conjointly with world-renowned Guangzhou Haisan Amusement Technology & Co. Ltd. It is the singular company in the water park equipment field TUV certified.
Guangzhou Haisan is a member of the National Aquatic Entertainment Facility Standard Unit. Moreover, the firm has manufacturing bases in Conghua Guangzhou and Xinfeng Shaoguan, computing 120,000 square meters. In addition, the company is ISO9001 certified, and this is to ensure safe manufacturing and high quality.
Successful Projects
Guangzhou Haisan Amusement Technology & Co. Ltd has completed the following projects:
Egypt Albatros Aqua Park
The Scenical World Thailand
Philippine Seven Seas Water Park
Vietnam VTTU Amusement Park
China Dandong Jintang Water World
Suzhou Forest Water World
Yulin Diamond Bay Water Park
Main Features of Blue World Water Park
Constructed over an area of 70,000 square meters
Natural hilly contours stimulate the excitement and thrill of the place
20 world-class hot rides
Kids playing area
Fast-food outlets
Trained Professionals
The Blue World City’s Management team encompasses qualified individuals working in the vicinity of the water park. The experienced personnel include an amusement park manager supervising all the operations such as ride construction and maintenance. Moreover, the Blue World team has employed workers at the front gate providing tickets others standing at concession stands or running park restaurants and gift shops, and numerous workers as entertainers.
Among other reasons to invest in Blue World City, the water park contains numerous amusement park workers coaching young amusement park trainees. Furthermore, Applicants get their certification through an amalgamation of classroom instruction and on-the-job training. Furthermore, a certified attractions manager, a certified attractions leader, and an accredited attractions executive are present on-site. Therefore, children and adults are in qualified hands.
Emergency Aid
The water park offers emergency aid, and the venture designers encompass a healthcare center in the park for any emergency. Furthermore, the crisis includes a medical expert team of nurses and doctors. Injuries resulting from a slip or fall such as fractures, Quadriplegia, and Paraplegia are treatable. All threats are. The management provides proper and immediate medical services considering all the life-threatening incidences.
Safety
Individuals visit amusement parks and dive into the fun. As a result, parents want to ensure that the safety aspect is well covered as well. The water park management provides safety, including parking lot, rides, food stalls, and other attractions. Moreover, a blue World Water Park notification is introduced, which notifies the employees about any emergency. Furthermore, lifeguards monitor all the activities of the park.
Getaway Destination
The Blue World Water Park is the perfect getaway destination. The crystal blue, shimmery water, and the twisting water slides alleviate your entire mood. Additionally, you can enjoy as many water-related rides as you want! Therefore, it is the ideal weekend destination away from the scorching summer heat.
Conclusion
Blue World City Water Park is the perfect addition to the residential scheme in Islamabad. Moreover, the Park provides a leisure and fun getaway for the residents of Islamabad. Additionally, it promotes friendship and offers an ideal picnic spot away from the hustle and bustle of a busy life. Furthermore, the attractive features of the Blue World City water park promote tourism. Contact Estate Land Marketing for any further queries relating to real estate properties and parks in the vicinity of Lahore.
Share this:
https://estateland.com.pk/wp-content/uploads/2021/10/Blue-World-City-Water-Theme-Park.jpg6091392estatelandhttps://estateland.com.pk/wp-content/uploads/2021/06/logo-for-website-1.pngestateland2021-10-05 11:27:132023-09-12 16:30:41Blue World City Water Theme Park
Pakistan’s property sector is one of the country’s economic foundations. Whether you invest in Park View City or Capital Smart City, both housing schemes are the most abundant in Islamabad. Moreover, both housing schemes cater to different price points, are located miles apart, and have a diverse set of features. Furthermore, for investors, it appears to be a very secure and lucrative industry to invest in.
Two of the best housing complexes in Islamabad’s surroundings: are Park View City and Capital Smart City Islamabad. Moreover, Park View City and Capital Smart City Islamabad cater to and accommodate distinct markets. It’s tough to tell them apart. The following is a detailed overview of both housing schemes that can assist you in making an informed real estate investment decision.
Invest in Park View City
Park View City developers are Mr. Aleem Khan, the CEO, and his Vision Group company. The housing society is a valid residential project with the NOC approval from CDA. Furthermore, it is located in an ideal and prime location of Zone IV Jagiot Road in Bani Gala Hills. Additionally, its ideal position is right next to Park Enclave and facing Bahria Enclave Islamabad. The location map is given below:
Apart from an ideal location, you should invest in Park View City Islamabad. Since it is one of the singular housing societies in the region that the Capital Development Authority has entirely approved. This CDA-approved housing scheme covers an area of 1200 canals. The scheme segregates into various blocks from A to H. Furthermore, numerous plots are available at feasible, competitive, and affordable prices. Moreover, the plot prices in Park View City start from 3.5 million. Additionally, the plot sizes provided start from 3.5 marlas up to 2 Kanal. Similarly, the construction work is approximately 50% complete.
Individuals are now shifting to their new homes in Park View City and living in this housing scheme. Furthermore, the security and maintenance are at par with the likes of the Defense Housing Authority and Bahria Town. Likewise, some of society’s best features include superior educational institutes, adequate healthcare, community centers, a consistent supply of utilities, and 24/7 security surveillance. Above are some of the prime reasons why one should consider investing in Park View City. It is in every block including the The Walk Commercial, Park View City J Block, and more.
Invest in Capital Smart City
Capital Smart City is another remarkable housing society in the vicinity of Islamabad. It is a real estate project by Future Development Holdings and Habib Rafique Limited. Both entities enjoy a prestigious position in the real estate sector. The housing scheme in Islamabad is situated at a prime location of the main Motorway M2, which is comparatively near to the New Islamabad International Airport. Moreover, the community is close to the east route of CPEC, ensuring that the topographical area of the project provides total comfort for commuting to the individuals residing within the vicinity. The detailed location map is given below:
The NOC Status of Capital Smart City is clear. The housing society is one of the few in the vicinity to receive RDA planning and development clearance. Thus, people will not have to face any legal issues in the future. The Capital Smart City site is one of the most opportunistic since it links to the twin cities’ main highways and motorways and the proposed Rawalpindi Ring Road.
Moreover, the rates for plots in Capital Smart City start from PKR 1.9 million. Property for sale is available with a 10% down payment, and the remaining cost is divisible into equal monthly or quarterly installment payments spreading over a ten-year term. In addition, Capital Smart City also offers Overseas plots and executive blocks. This convenient payment plan makes it easier to invest in Capital Smart City.
The housing scheme is divisible into the residential sector, commercial sector, and recreational sector. Furthermore, the housing scheme encompasses an entire city in its vicinity with proper healthcare, educational institutes, a BRT System, and Smart City services. The booking requirement includes A copy of the buyer’s CNIC and next of kin’s CNIC, passport size picture, and booking cost via cheque, pay order, or cash. This is if you decide to invest in Capital Smart City.
Conclusion
Whether an investor decides to invest in Park View City or Invest Capital Smart City, both of these housing schemes are the most successful in the vicinity of the Capital City. The question of which society is the best entirely depends on the investor’s personal preferences and the aspect they prioritize the most. Estate Land Marketing expects that you found this article helpful. The team consists of highly trained real estate professionals who are willing to provide any further assistance. Feel free to visit or contact us.
Share this:
https://estateland.com.pk/wp-content/uploads/2021/10/Where-to-Invest-Park-View-City-or-Capital-Smart-City.jpg5601280estatelandhttps://estateland.com.pk/wp-content/uploads/2021/06/logo-for-website-1.pngestateland2021-10-05 11:26:342023-09-14 11:32:15Where to Invest: Park View City or Capital Smart City?
The Valencia Town Lahore is a model of brilliance, providing world-class facilities and a luxurious way of living. Lahore is located in the western part of Marvel, known as the “City of Miracles.” It comprises 1000 acres of property, with plots available for purchase at a variety of prices.
Manzoor Ahmed initiated the housing plan in the 1990s, and the Pakistan Expatriates Cooperative Housing Society, PECHS, began with this initiative. The Mashreq Bank provided the money for a building. By the early 2000s, the real estate boom had enabled Valencia Town Lahore to develop. The Society is known for its broad thoroughfares and picturesque scenery.
The housing society called after the Spanish coastal city of Valencia. Valencia’s wide boulevard approached 150 feet in width, illustrating the housing society’s outstanding foundation. There are carefully designed rooms and gorgeous scenery.
Developers
The developers have invested a significant amount of time and resources into developing this authorized housing community in Lahore. And All of the action has been carried out with the assistance of highly qualified engineers and other personnel. Manzoor Ahmed and the developer’s PECHS worked to ensure that the community was built by worldwide urban development standards. Since the 1990s, it has been under development, and by the beginning of the 2000s, it had reached its maximum population. They have focused their efforts on delivering luxury services as well as high-quality infrastructure. The price of real estate distinguishes the housing society from others, and the founders expressly prioritized it for the residents’ convenience.
NOC Status
The Lahore Development Authority (LDA) has granted Valencia Town a No Objection Certificate (NOC). Investors have complete confidence in this housing society since it is a legitimate housing society with all of the necessary paperwork authorized by the Land Development Authority (LDA)
Valencia Town Lahore is located on Defense Road Lahore, directly across from the Raiwind Road Lahore and the Ring Road Lahore, among other points of interest. The site has been chosen deliberately by the owners and developers so that every important place in Lahore is just a few minutes drive away from the community’s amenities.
Lahore’s Raiwind Road is about a 6-minute drive away.
Pine Avenue is just around a 4-minute drive away from where you are.
The NFC Main Blvd is just around a 2-minute drive from the hotel.
Multan Road is about a 19-minute drive away from the hotel.
Approximately a 7-minute drive will take you to the Lahore Ring Road.
The Ferozpur Road area of Lahore is about a 15-minute drive away.
Nearby Landmarks
Bahria Town Lahore
DHA Rahbar Lahore
WAPDA Town
Audit and Accounts Housing Society
T & T Aabpara Housing Society
LDA Avenue Lahore
Green Town Lahore
Johar Town Lahore
Model Town Lahore
Allama Iqbal Town Lahore
Halloki
Fazaia Housing
University of Lahore
Islam Pura and Kot Lakhpat
Payment Plan
When purchasing a home or a plot of land, there are several factors to consider for a commercial enterprise; location is one of the most important aspects that buyers consider. It has a wide range of consequences on one’s life. The area of the society is in Lahore, on the other hand, should not be a source of worry since it is in one of the most convenient locations in the city.
Residential Plots
Firstly The payment plan for residential plots is given below:
Commercial Plots
secondly, The payment plan for commercial plots is given below:
Master Plan
The master plan of the has the most influence on the form of the surrounding urban environment. Additionally, it assisted in the conception and structuring of the three-dimensional urban environment of the housing development. and It offers rules for the design and aesthetics of a building’s volume uniquely. and the master plan’s architectural design and construction materials are of excellent quality. furthermore Locals admired the wonderful contrast between infrastructure and nature. It categorizes and describes all public, semiprivate, and private places and facilities as well as public amenities.
Each of Lahore’s Valencia Town’s twenty blocks has a green space and a playground. Defense Road and Khyaban-e-Jinnah are the housing society’s main entry and departure points. The lodging society’s many blocks are mentioned below.
Block-A
Block-A1
Block-A2
Block-A3
Block-B
Block-C
Block-C1
Block-D
Block-E
Block-E1
Block-F
Block-F1
Block-G
Block-H
Block-H1
Block-J1
Block-K
Block-K1
Block-L
Block-L1
Block-M
Block-P
Block-P1
Amenities
The following are some of the services and amenities that the lodging society offers:
Eco-Friendly
The community will offer environmentally friendly, like close-to-nature living with all of the modern conveniences and services. So It is anticipated that the proximity to nature would provide a unique experience that cannot be replicated in Pakistan’s housing communities. Moreover, people are progressively becoming more isolated from the natural environment as city life becomes more stressful and hurts their health.
Grand Mosque
The society aims to meet all of the inhabitants’ demands, including their religious requirements. Moreover, Developers are building a vast Jamia mosque to achieve this goal. So this mosque will be bright, with cutting-edge technology and architectural elements.
Water Resources
The Water Society has taken into consideration the water requirements of the residents. And Residents will be provided with a significant quantity of water that they will use for their activities such as bathing, washing and cooking. In addition A component of the community will be filter plants, which will ensure that the residents have access to clean drinking water.Graveyard
The graveyard is a necessary component of every society’s structure. Secondly, The inhabitants may choose to bury their dead relatives and pray for the prosperity of their eternal lives since life and death are unavoidable aspects of the human experience. They may also pay a visit to the graves of loved ones who are buried inside the organization.
Community Center
so, Community centres will serve as a focal point of social activity for inhabitants to engage in their communities. Thus they will be able to engage in and enjoy social activities while they are here.
Hospitals and Medical Centers
Special consideration has been provided by the developers the availability of medical services in the community. However It will be accomplished via the construction of state-of-the-art, worldwide hospitals and clinics by the development team. In addition, the emergency room will be open 24 hours a day, seven days a week, and personnel and physicians will be accessible at all times.
Education Complex
So To ensure that students get an education of the highest possible quality on an international level. The teaching team will also be professional and well-trained in their respective areas, ensuring that students get the finest possible education.
Hub for Business
besides developers have considered all of the requirements of the inhabitants, including economic and commercial conditions. As a result, society will construct a commercial complex that will include everything. Therefore, residents may satisfy all commercial needs from inside the community by residing in these locations.
secure community
A booming housing society needs a sense of collective security, which is A gated community offers protection. Furthermore, Besides providing general safety for those it protects, a security system incorporates correctly positioned 24/7 CCTV cameras and additional security cameras. In addition, the community will be encircled
Telecommunication
so, All of the major telecommunications service providers in Lahore provide telecommunication services to members of the lodging society. WorldCom and BrainTel are the two largest landline and wireless local loop providers in the United States and PTCL and WorldCom. Still, Independent local operators in the community provide cable television. And PTCL and Stormfibre supply internet and broadband services. In addition, Stormfiber and Pakistan Telecommunications Company Limited (PTCL) launched GPON services in Valencia Town, Lahore, in 2018.
Valencia Community Center.
It provides a common gathering area where members can become more involved in their community and deepen their relationships with their neighbours; the lodging society has built a community centre on the grounds of their facility. These places promote social interaction while also providing a safe environment for recreational activities to take place. Moreever One of the most notable advantages of a community centre is that it allows for a secure environment for everyone to enjoy themselves. But Your children can have fun without getting into trouble in a dedicated recreational space.
Institutes of Higher Learning
elementary schools in Valencia and the surrounding area include the following:
Valencia’s Beaconhouse
Valencia’s Educators
The Smart School
Academia De Avoures
Lahore Grammar School
Valencia Football and Cricket Club
The football and cricket teams of the lodging society are both excellent. Other amenities at these clubs include a gym, an indoor pool, a sauna, and other lavish amenities, all of which encourage you to maintain a healthy lifestyle by participating in sports. Whether it’s team sports or individual sports, different sports emphasize and promote different abilities and characteristics than others. In the Valencia Town’s Lahore clubs, children will improve their stamina and eventually move on to professional sports due to their participation and practice.
Valencia Horse Riding Club
Riders of all skills will benefit from the riding club’s resources and opportunities. Secondly, the lodging society has been established with expert management and new horses. Also, A standard-size riding ring is available to members and visitors to ensure that they have a safe and enjoyable riding experience. Horseback riding improves muscle control, strength, and coordination while keeping the rider’s posture in good condition. As a result, the club was established for the benefit of the locals.
Features
Affordability
Club House
Retail Area
24/7 security
Maintenance
Boundary Wall
Grand Mosque
Water Resources
Eco-community
Education Complex
Gated community
Quality Development
Water, Gas, Electricity
Underground electrification
Sewerage and waste disposal system
World-class infrastructure development
Sports complex with indoor and outdoor facilities
Medical Facilities offered by Hospitals, dispensaries, and clinics
Valencia Town Lahore is a lucrative investment opportunity. So, this well-planned housing complex has everything a person might require.
Environmentally Friendly
In addition developers have worked hard to create a clean and green environment that is also environmentally beneficial. There are lots benefits to living in green communities such as the Valencia Town’s Lahore, including improved health and well-being, higher morale among residents, reduced energy expenses, and cleaner air. However, The aim is to reduce carbon emissions and fuel consumption by using biodegradable and recyclable materials wherever possible. Green areas are critical in the development of an environmentally conscious community. Growing community gardens, trees, and parks allow residents to benefit from decreased CO2 emissions, increased fitness, and overall better mental health due to increased green space.
Amenities for Health and Wellness
while constructing clinics and hospitals, the developers have shown a solid commitment to the health and well-being of the lodging society’s residents. The emergency department is accessible to the public 24 hours a day, seven days a week. Besides that Shaukat Khanum Memorial Cancer Hospital & Research Center, which Imran Khan established, and Jinnah Hospital are the two most important hospitals in the immediate vicinity. Among the clinics in the region are:
On the other hand, Evercare Hospital is a non-profit institution devoted to promoting the health of the surrounding community.
Furthermore, Clinica Rehana Mushtaq Hameeda Memorial Hospital Oral Square (A complete family and cosmetic dentistry) etc.
Benefits of Real Estate Investment
Property investing has several advantages. First, it offers a high rate of return on investment potential. It is essential to remember that it will only be beneficial if carried out correctly.so, When investing in the real estate sector, one may expect to gain various advantages. The following are some of the most significant benefits:
Financial Security
If a person has an excess sum of money or an asset and wants to maintain the value of that item high, then real estate is the sector that can do so while also ensuring that the worth of the investment does not depreciate.
Stable Income
so, Investing in real estate may provide a person with a reliable source of income very fast. For example, one may purchase a piece of land and develop it or buy a piece of land and rent it out monthly or annually. Not only that, but the rent rises by a certain amount every year. Thus it is fair to argue that it is becoming more stable rather than less stable.
Manageable
It is unnecessary to maintain an investment once it has been completed in the same way you would keep a live creature. So, Visiting your property regularly to ensure that it does not fall into the wrong hands of encroachers will be the most you will have to worry about.
Earnings from A Passive Source
Once someone has invested in real estate, they may earn passive income via rental revenue. For example, investors purchase a built property or develop open land and then rent it out, thus guaranteeing consistent revenue production throughout the year, without disruption.
Pros and cons
Pros
24/7-water
24/7-Electricity
24/7-Gas
Schools
Colleges
Roads, streets, lanes and walkways for pedestrians
The vast and well-planned carpeted main boulevard,
close to the central locations and other societies
Theme Parks/Recreational Areas
Grocery/shopping center/Markets/Malls
Peaceful/ healthy/secure environment
Well-planned drainage & waste disposal systems
Green, innovative and sustainable housing society
Police Station to keep the law and order
Security system
moreover CCTV Cameras & guards
furthermore, Solid waste disposal mechanism
Cons
Perception of high plot prices
Some blocks still have to be developed
while Valencia town Lahore’s strict restrictions may deter some investors from making investments there.
Conclusion
Valencia Town Lahore is an authorized residential society that is now under construction with one goal to offer residential living experience that is internationally recognized. The main characteristics of this community are the luxurious amenities and convenient location. While the Society is located on Defense Road Lahore, directly across from the Raiwind Road Lahore and the Ring Road Lahore.
For instance, if you Have more questions about Valencia town’s Lahore? make sure to check out our website or directly connect us Estate land marketing
FAQS
Q1: Is it an approved and legal housing society?
Ans. Yes, finally, the NOC of Valencia Town Lahore is approved by LDA.
Q2: Is it an affordable housing society?
Ans. Yes, while it has affordable prices.
Q3: Does this society has a potential high yield investment return?
Ans. Yes, since the payment schedules are attractive to families, small investors, especially those from modest backgrounds, are interested in making significant investments in huge quantities.
Q4: What is the location of Valencia Town Lahore?
Ans. So, Valencia Town is located on Defense Road Lahore, directly across from Raiwind Road Lahore and the Ring Road Lahore.
Q5: Who are the developers of Valencia Town Lahore?
Ans. The PECHS developed Valencia Town Lahore.
Q6: What exactly is Valencia ton Lahore, and how does it differ from other housing developments in the area?
Ans. So, Valencia Town’shas been carefully planned and constructed to provide people with an excellent living experience at a reasonable price. Technical engineers, architects, and other experienced staff members have dedicated their time and resources to the project’s conceptualization and development, among other things.
Q7: How can I buy a plot?
if you have any questions. Additionally, Estate Land Marketing is the marketing of real estate.
Q8: What is mean a society in real estate?
Ans. Gas, Water, Parks, Hospital, Sewerage, not only-but also Linking Road Network, and Electricity etc.
Q9: what is the feedback of the customers?
Ans: As a consequence, customers are very pleased with the service.
Share this:
https://estateland.com.pk/wp-content/uploads/2021/10/Valencia-town-Lahore.jpg7001600estatelandhttps://estateland.com.pk/wp-content/uploads/2021/06/logo-for-website-1.pngestateland2021-10-05 10:13:272021-10-05 12:54:50Valencia town Lahore
The Impact of Ring Road on Pakistan Real Estate Sector
The Ring Road is a long-awaited construction project of Pakistan. The impact of the ring road on Pakistan Real Estate is immense. Moreover, the primary reason for the construction of this road is to accommodate the massive flow of traffic coming from Islamabad to Rawalpindi’s centre of residential societies.
The Ring Road route will start from ChanniSherAlambridge – close to Rawat, and end at Thalian Interchange on Lahore-Islamabad Motorway. Thus, the route is 32 km [in length], and 2-Link Roads of 6 km and 8 km connects Ring Road to GT road. Furthermore, the ring road is 300 ft. wide and has commercial areas on both sides. Additionally, the Ring Road consists of 6 flyovers, 3 interchanges and 10 overhead bridges.
In Addition, the project is under the control of the Punjab Highway Department, and NesPak presents its master plan. The impact of the ring road on Pakistan real estate is tremendous, and it is visible in the location map attached below:
Planned Interchanges
Interchanges are planned along the route of the Ring Road. They are as follows:
Chak Bali Road Interchange
Channi Bridge Interchange
GorakhPur Interchange
Dhamial Interchange
Rawat Interchange
Adyala Interchange
Motorway Interchange
Fateh Jang Interchange
Chakri Interchange
Ring Road Impact on Real Estate
The impact of Ring Road is tremendous as it will increase the overall charm and appeal of the real estate sector, specifically the real estate projects close to M-2 Motorway. Moreover, New Islamabad International Airport is located close to the Ring Road project, so investment opportunities are higher in this area of Rawalpindi and Islamabad.
The construction of this road has a positive impact on the housing societies located nearby. Therefore, demand for property in close by societies is increased and ease of moving to central city areas, solving many of the travelling issues of the residents.
Ring Road impact on real estate is such that the attraction of buyers and investors to its adjoining housing and commercial projects is increasing. Furthermore, Economic activity flourishes due to the close location of New Islamabad International Airport. Moreover, construction projects enhance the investment opportunities in the real estate sector, and people consider the nearby areas for residency. Hence, ring road impact on real estate is monumental.
A benefit to Nearby Housing Societies
The construction of Ring Road benefits various housing societies located close to the route. It is one of the leading concerns of the people. Furthermore, lesser-known housing societies and real estate projects catch the investors’ attention. The housing projects count for the rapid advancement in ring road projects because their success depends on it. Namely, these real estate projects include Blue World City, Blue Hills Country Farms, Bahria TownPhase VIII and Phase VIII Extension, Capital Smart City, Rudn Enclave, Top City1, Mumtaz City and many other projects on Adyala and Chakri Road.
All these housing societies will experience an increase in land prices as the demand is rapidly increasing. Blue World CityIslamabad is located on the main Chakri Road near Chakri Interchange. The location of the housing society is along the ring road, which impacts the housing society very positively.
The main ring road impact on real estate is splendid. It relieves heavy traffic on National Highway, reduces journey time, and solves numerous traffic issues of twin cities. Moreover, the project allows smooth traffic flow, improves overall economic connectivity, and makes travelling from one area to another feasible and quick.
The Ring Road project has a number of overall positive impacts on Pakistan Real Estate, including:
Reduce traffic bottleneck on N-5.
Less journey time for non-motorized traffic, public transport and commuting vehicles.
Enhanced traffic flow for GT Road users
The proximity of New Islamabad International Airport allows economic activities to flourish.
Increase investment opportunities
Real Estate project success is increased
Reduce the journey time to reach adjoining housing schemes.
Conclusion
The impact of Ring Road on the Pakistan Real Estate Sector is immensely positive. The ring road impact on real estate is fortunate as the property market prices increase. Furthermore, property buying and selling can rise in surrounding areas because of ease in transportation, safety and development opportunities. Henceforth, Ring Road facilitates investors seeking a high return and profitable investment opportunities in residential and commercial areas.
The Government and competent bodies are working diligently to complete this mega development project. Moreover, the ring road is reviving economic activities related to real estate to attract investments and create new jobs. The real estate project, in turn, resolves pending issues while also creating new opportunities. Estate Land Marketing is a team of professionally trained real estate professionals serving the clients in optimal ways.
Share this:
https://estateland.com.pk/wp-content/uploads/2021/10/The-Impact-of-Ring-Road-on-Pakistan-Real-Estate-Sector.jpg5391232estatelandhttps://estateland.com.pk/wp-content/uploads/2021/06/logo-for-website-1.pngestateland2021-10-05 07:31:532021-10-05 07:31:53The Impact of Ring Road on Pakistan Real Estate Sector
