Capital Development Authority (CDA) has announced that it will soon commence work on the improvement of Islamabad Expressway from Koral to Rawat. The primary focus will be on smoothening the traffic flow on this section of the road, which is getting increasingly troublesome due to the newly developing surrounding areas resulting in growing population. The plan includes mending breakages on the road, filling potholes, forming of slip lanes on entry & exit points, and widening U-turns. If this plan is executed, it would increase the value of properties that fall in the surrounding areas by folds because of the improved accessibility. Some residential and commercial projects that are expected to greatly benefit from the implementation of this road improvement plan are:
A union of 3 zones – Gulberg Residencia, Gulberg Greens, and Gulberg Commercial – this is a project known for its aesthetically pleasing ambiance. Gulberg is definitely going to witness a dramatic expansion in its market once the road from Koral to Rawat is restored, bringing it closer to the main city.
– Bahria Town
Although almost fully developed and highly populated now, Bahria Town is expected to attract more investors in the future, with smoother accessibility, because currently the bumpy journey to the society seems to be the only drawback, as Bahria Town offers an abundance of other facilities.
A fully walled and gated society, DHA enjoys an edge on security, alongside offering a pleasant ambiance with unique features. Here, again, difficult accessibility is a cause of concern for investors. With that solved, DHA is likely to witness instant growth of its market.
– Naval Anchorage
A housing scheme built to accommodate Pakistan’s navy officers, but also allows reselling of property to civilians. Currently in the middle of its developmental phase, Naval Anchorage does show high potential of quick progress, which is bound to speed up more with the Koral-Rawat road rebuilt.
Offering an exclusive countryside living experience with distinctive European-style architecture, Emaar is known for its unique aura. However, it also faces the problem of being a tough drive away from the main city, which can be eliminated if the plan to improve the road leading to it is implemented.
Apart from these well-known projects, other areas in the vicinity that are also expected to benefit from the renovation of Islamabad Expressway from Koral to Rawat include: Soan Gardens, Jinnah Gardens, PWD, etc. With so many residential and commercial projects relying on the improvement of this road for the growth of their market, it would be a game-changer for real estate if the plan is implemented. Stay tuned for more information on the progress of this matter. We will keep you posted with any updates regarding the execution of this plan.