Blue World City NOC Latest News & Updates
According to the reports received by Deal and Deals, the NOC of Blue World City is currently under process. However, it has been updated that the PM Imran Khan has advised the government authorities such as RDA to approve NOCs of pending housing projects such as Blue World City Islamabad. Hence, it is being predicted that the NOC shall be approved in 7-8 weeks’ time.
This article entails why the Blue World City NOC shall be approved by the government in a short span of time.
Rise of Real Estate in Pakistan
The real estate sector provides jobs to millions of people around the country and proves to be vital attracting foreign investment in Pakistan. This is why PM Imran Khan is facilitating the rise of Pakistan’s real estate industry, and NOC approvals have been given to a number of real estate projects. The Blue World City NOC is also going to be approved in a few days’ time.
Prime Minister’s vision for the real estate has resulted in the authorities, such as RDA, approving real estate housing societies after assessing their map and location. In the 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
After a number of policies for real estate’s rise introduced in Pakistan, it is predicted that the process for NOC approval by RDA is going to speed up with time. The current lockdown has had a negative impact on the overall economy, and only the real estate sector has the potential to keep the flow of investments going.
Consequently, the management of Blue World City has decided to be a part of this approach that supports the rise of real estate to positively affect the economy. This real estate project on Chakri road has provided thousands of job opportunities to people from all over the country, and after its approval of NOC by RDA, it is going to provide people with more job opportunities.
Blue World City Future Prospects
Because of its tremendous location, the Blue World City Islamabad is being considered as an investment-friendly real estate destination in the country. Therefore, we can say that 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.