The ring road project in Islamabad and Rawalpindi has been a long time coming. The ring road project in Islamabad and Rawalpindi has been a long time coming. This project was started long before 1991, but it was abandoned due to many changes in government. The primary goal of this road’s construction is to alleviate the excessive flow of traffic from the capital city to surrounding residential areas. The Rawalpindi Ring Road project would help alleviate traffic congestion in the twin towns by facilitating the flow of 50,000 vehicles per day while also combating pollution. For Islamabad and Rawalpindi, it’s a game-changer.

Impact on Real Estate Sector:

The building of the ring road will increase the property sector’s economic potential in Islamabad. It will help developments in the M-2 motorway’s vicinity. The neighborhood closest to Islamabad International Airport receives the most advantage. The value of the real estate services will increase, and the problem of transferring among societies will be answered. This project has piqued the interest of both buyers and sellers and those looking for investment opportunities. Several housing developments have already begun construction on residential schemes, with costs growing daily. Investors are lining up to buy land on Adyala and Chakri roads, claiming enormous gains in return. It will undoubtedly bear fruit in the next three to five years.

Impact of Rawalpindi Ring Road on Housing Societies:

Housing projects are crucial to the success of ring road projects because they are dependent on them. The Ring Road’s development helps several residential properties along the route. It is one of the people’s most pressing concerns. Furthermore, investors are drawn to lesser-known housing projects and property projects. Blue World City, Blue Hills Country Farms, Bahria TownPhase VIII and Phase VIII Extension, Capital Smart City, Rudn Enclave, Top City1, Mumtaz City, and several other projects on Adyala and Chakri Road are among these real estate developments.

Blue World City Islamabad is located near the Chakri Interchange on the main Chakri Road. The housing community is located along the ring road, which positively impacts the housing society. Due to the significant increase in demand, all of these housing societies will increase land costs. The following are some well-known housing societies that can help you make a lot of money:

CAPITAL SMART CITY:

The Capital Smart City was built alongside the CPEC’s eastern route, which has piqued the interest of stockholders. Following the approval of Rawalpindi’s ring road, the city is likely to emphasize its location as a suitable housing scheme for property development. This society offers enticing residential and business packages with superior amenities for individuals looking to invest in real estate along the ring road. The project includes a modern drainage system, a reliable power supply, effective security surveillance, and much more.

BLUE WORLD CITY:

The Blue Group of Companies and Shah Jian Municipal Engineering are collaborating on a new elite housing project in the capital called Blue World City. The Rawalpindi Ring Road and Chakri Interchange would be next to this housing society. Are currently quite renowned among realty specialists because of its world-class facilities. With the completion of the new Ring Road, this housing complex will have easy access to the New Islamabad International Airport.

NOVA CITY:

Nova developers, well-known producers of a modernistic and affluent lifestyle to their investors, are working on this project. When developing their efforts, they take into account the residents’ wishes. They also offer exceptional client service and thorough consulting to those investors that require it. It is vital because it is easily accessible via the Ring Road and the CPEC route. Furthermore, inhabitants can reach Rawalpindi and Islamabad less than half an hour from Nova city. Bango, Attock is about 6 minutes distant from this housing scheme.

You should also read about Silver City.

Besides that, it is in a good location since it is near the CPEC-Ring Road Interchange. Locations like Dhok Korak (Attock), Kanal (Rawalpindi), and Qutbu (Attock) are readily available with a quick drive of around 10 minutes).

To Sum Up:

The Ring Road has substantially positively impacted Pakistan’s real estate market. As the real estate market prices rise, the ring road’s influence on real estate is beneficial. Moreover, property purchasing and selling in nearby areas may increase due to the ease of transit, safety, and development potential. As a result, Ring Road makes it easier for investors looking for high-return and profitable residential and commercial investment options. There is little uncertainty that this venture will significantly impact land prices along its path, and it is safe to predict that both the amount of money invested and land costs will rise by 2022.

Author Bio

Hamna Siddiqui is a content writer for Sigma Properties. She loves traveling with a great fashion sense, and you will see the reflection of her creativity in her writing. With marketing majors, Hamna understands the details of the niche.