Blue World City gains further prominence after issuance of NOC

Blue World City

Blue World City has been granted the NOC from the Rawalpindi Development Authority (RDA). This removes certain doubts among people who were previously hesitant to invest in this scheme.

If you want to know more about this project or want to invest in it, here are the details.

Project details

Blue World City is located on Chakri Road and can be easily accessed both from Thalian Interchange and Chakri Interchange. However, from Thalian Interchange it falls closer to Islamabad. Thalian Interchange is expected to serve as the main access point from Islamabad to many societies located on Chakri Road. The scheme is in close proximity to many housing societies including Capital Smart City, Khanial Homes, Royal Farhmhouses, Green Oaks Agro Farm Houses and Star Agro Farms etc.

Interestingly, Blue World City is being developed in cooperation with Chinese investors and experts, many of whom are present at the site ensuring the development work is carried out accordingly to the set standards.

Location features

The housing scheme lies closer to the Rawalpindi Ring Road’s (RRR) planned interchange on Chakri Road. Moreover, coming from the Thalian Interchange, Blue World City is more accessible. Along with the RRR adding significance to this society in the future making it more convenient to access from all parts of Rawalpindi and Zone IV and Zone V of Islamabad, Chakri Road and all other real estate projects located on it have great prospects ahead in terms of expected price appreciation and property demand.

About the NOC 

According to the NOC approval letter issued by the RDA, it considers the issuance of NOC is in the best public interest. Additionally, the letter states that Blue World City has an area measuring 1,534.5 kanals, out of which 1,134 kanals are located in Mouza Sehar, while 400 kanals of area lies in Mouza Habtal.

Market Trends

The demand for Blue World City has remained ever since its prelaunch held earlier in the year. But now with the issuance of the NOC, the demand is only going to increase further.

 According to our sources, the number of buyers for 5 marla plots is higher. However, bigger plots are also being sold. This is due to the reason that available plots are for only on down payment and with no added pressure to resume with the payment plan under a deadline.

Also, traders are allowed to keep the files open. This means no extra charges each time a file changes hands. Therefore, for people looking to invest less than PKR 100,000, this scheme is the best option for you.

Prices

Plot SizeProperty typeTotal priceDown payment
5 marlaResidentialPKR 990,000PKR 90,000
8 marlaResidentialPKR 1,265,000PKR 126,500
10 marlaResidentialPKR 1,520,000PKR 152,000
1 KanalResidentialPKR 2,500,000PKR 250,000
2 KanalResidentialPKR 4,500,000PKR 450,000

The development work is still underway. It seems that official launching of the project is close.

About Author

Jawad Jamil

Writes on sports, real estate, and politics. Currently working with Berq Properties.