Benefits of Rawalpindi Ring Road For Blue World City Islamabad
According to a recent update, the Prime Minister of Pakistan has ordered the concerned development agencies to complete work on the proposed Rawalpindi Ring Road. This project is expected to provide massive benefits to both Rawalpindi and Islamabad as these two cities will become much more integrated. However, a large share of the benefit goes to Blue World City Chakri Road because its gate is right besides the entrance of its new Ring Road project.
As a result of this, the ring road project has proven to be a beneficial endeavor that will increase the overall value of properties in Blue World City Islamabad. This is the main reason why a large number of investors have decided to pour their investments into Blue World City Islamabad as they are looking to reap its benefits in the near future.
This article includes the major benefits of the Rawalpindi Ring Road project for Blue World City Islamabad.
1. Rise in Value of Real Estate in BWC
Once this new ring road project is developed near Blue World City, the overall prices of plots in BWC are expected to increase very quickly. The investors who have already bought their real estate properties would be fortunate enough to earn massive profits on their investments in the upcoming few years.
As a result of this project, a large number of international investors are also looking to invest in the Blue World City Overseas block. This is primarily because this road will provide them with secure and easy access to the entire cities of Islamabad and Rawalpindi, and they can also go outside the city in no time. Moreover, living in Blue World City will also save them from the congested traffic of the inner cities, and they can easily and conveniently travel.
Currently, the 5 Marla plots in Blue World City are being considered as the most affordable and secure option for investment in the recent times. However, witnessing the lesser market value, investors have also bought a number of 7 Marla, 10 Marla, 1 and 2 Kanal plots in Blue World City as well. It is a rule of thumb that lesser market value plots tend to provide maximum benefits after some time. And considering the building of a Ring Road near Blue World City, these plots have the potential to double in price in the upcoming few years. Therefore, we would highly recommend investors to look into this new housing projects in Islamabad for investment.
2. Location & Connectivity of Rawalpindi Ring Road
Another benefit of this new Rawalpindi ring road is that it connects the Blue World City Location with the rest of the country. Consequently, BWC becomes one of the best investment locations keeping in mind the access to Islamabad and Rawalpindi. In addition to this, the people coming from out of the city can also easily access Blue World City as it is located right next to the M2 Motorway.
This connectivity is extremely essential for uplifting the overall economic situation of the country. Only with projects such as Rawalpindi Ring Road, the people living in Blue World City and other housing societies on Chakri road can easily access the resources available inside the city. As the overseas Pakistani and Chinese residents in Blue World City are expected to have greater purchasing power, providing them access to different parts of the city would ensure a monetary flow that otherwise would have been restricted.
Therefore, the occurrence of connectivity as a result of Ring Road projects is a win-win situation for everyone. It is considered to be one of the most highly anticipated projects in the history of Rawalpindi and Islamabad, and it will prove to be a true game changer for the people of the twin cities. The prices of real estate properties near this ring road are expected to increase, and housing societies such as Blue World City are going to benefit largely. But other than BWC, the local people are also going to benefit as the average person would definitely feel an overwhelming economic prosperity and convenience for business endeavors.
3. Orders by PM Imran Khan for Blue World City NOC Approval
Alongside the advice of PM Imran Khan to inaugurate the Rawalpindi Ring Road as soon as possible, another important update was also announced. The timings of both of these updates are such that there is an evident connection between the two.
Recently PM Imran Khan had announced multiple incentives for the real estate sector in Pakistan. As a result of this, the CEO of Blue World City Saad Nazir also announced to facilitate the Naya Pakistan Housing Project of Imran Khan. BGCs announced 2 Crore in the Corona Relief Fund, and it also announced to help the government build 50,000 apartments and 5000 homes in Blue World City Islamabad.
According to another update, PM Imran Khan also advised the RDA to speed up the process of Blue World City NOC approval. This was something that can be directly related to the relationship of PTI government with the owners of Blue World City, and this new update is something linked with the Ring Road Rawalpindi as well.
The broader aim of the PTI government is to establish economic stability in the country by providing the population with jobs. And a project such as Blue World City is expected to produce thousands of jobs in the long run. Once the Rawalpindi Ring Road is developed, Blue World City will become one of the leaders of real estate in Islamabad, and it will be a boosting tool for the economic as it will be attracting international investment in the country. Therefore, we can say that Blue World City is considered to be a massive project that is likely to increase in scope with the development of Rawalpindi Ring Road project in the near future. Once this project is developed, the investors can expect to see their investments doubled.