Blue World City NOC Latest News & Updates
With the introduction of Blue World City’s package for the Naya Pakistan Housing Project (NPHP) and the Corona Virus Relief Fund, this housing society has become on of the prominent ones in Islamabad.
According to our reports the Blue World City NOC is currently under process. With a number of incentives for the construction and real estate sector in Pakistan, it has become obvious that the NOC shall be given to Blue World City in a matter of few days.
Here are some of the reasons behind the delay in Blue World City NOC, and future predictions regarding this luxurious real estate project.
A Well-Planned Real Estate Sector in Pakistan
Also mentioned by Prime Minister Imran Khan, the real estate and construction industry of Pakistan is one of the top sectors of the economy. This sector provides jobs to millions of people around the country and proves to be vital attracting foreign investment in Pakistan. Therefore, the government is now trying its best to make sure that all real estate projects in the country are well-planned and meeting the international standards.
This vision has caused the government authorities such as RDA to approve societies after thoroughly analyzing their map and location. Moreover, additional procedures have also been introduced which result in delaying the processing time. In case of Blue World City, the location and map of this real estate project have been designed carefully and it is being perfected with time. After a few days, the approval by RDA is expected and Blue World City Islamabad will have its NOC granted.
Imran Khan Incentives for Construction and Real Estate
As Imran Khan has now provided the construction and real estate sector with incentives, it is expected that the process for NOC approval by RDA will also be accelerated. It is important to understand that the economy of the country is under threat because of the lockdown. Only supporting and accelerating growth in the construction sector, the economy can stabilize itself again. Therefore, Blue World City management has decided to be a part of this approach towards economy. It has provided thousands of people with job opportunities, and after its NOC approval it is going to employ more people into this as well.
Blue World City Future Prospects
The overall documentation of Blue World City Islamabad and the land allocations have been completed. The Blue World City Overseas Block and General Block are predicted to be the first sections of the housing society to be approved first and consequently the Blue World City Executive Block will be approved as well.
Overall, Blue World City can be considered as one of the top housing societies in Islamabad and Rawalpindi. It is providing the middle-income citizens of Pakistan with a chance to live in a luxurious environment with advanced facilities, and recreational destination. Hence, there is no doubt that this housing project will definitely gain approval soon and become one of the best housing societies in Pakistan.