IN THIS POST:
– About CPEC City, Nowshera
– Location of the Project
– Features of CPEC City
– Facilities and Amenities
– Investment Options
– Payment Plan for CPEC City
– Development Updates
– About the Developer
Want to make a property investment in one of the many China-Pakistan Economic Corridor (CPEC) related projects in the country? Here’s why you should consider investing in CPEC City, Nowshera.
About CPEC City, Nowshera
Offering a luxurious lifestyle with a range of amenities, CPEC City, Nowshera, aims to become one of Pakistan’s best residential communities. The project is a joint venture of the Provincial Housing Authority of the Khyber Pakhtunkhwa (KPK) Government and the Frontier Works Organisation (FWO). The plan is to create a self-sustaining urban development that offers accommodation, entertainment, and business opportunities to all those traversing the CPEC’s route.
CPEC City is KPK’s first-ever planned city, spread over approximately 80,000 kanal of land, with everything from luxurious homes to rustic farmhouses, apartments, commercial centres, sports grounds, amusement parks, and more. The project is all set to offer the perfect balance of both business and pleasure with green communal spaces and a healthier lifestyle.
Location of CPEC City, Nowshera
Located on the M-1 Motorway that connects Peshawar to Islamabad, CPEC City is situated alongside Karnal Sher Khan Toll Plaza, before the city of Nowshera. The location of CPEC City also places it directly opposite the Rashakai Special Economic Zone (SEZ), which is one of the 33 special economic zones being built in Pakistan as part of the CPEC. The toll plaza is also the junction where the Swat Expressway (under construction) will intersect the M-1 Motorway after its completion.
Features of CPEC City, Nowshera
The FWO is planning to offer the best of living facilities in CPEC City. Here are some of the most prominent features of CPEC City, Nowshera:
- Scenic location near the Kabul River
- Starting point for tourists coming to Swat, Kalam, and Chitral
- Fenced-in and gated community
- International standards of security
- 24/7 security surveillance
- Modern and luxurious lifestyle
- A range of residential and commercial investment options
- Commercial areas at easy walking distances
- Dedicated Medical City
- Healthcare facilities of international standards
- Knowledge Park offering education at every level
- Institutes for technical education
Facilities and Amenities at CPEC City, Nowshera
If you’re still debating whether an investment in CPEC City, Nowshera, is right for you, take a look at the amenities offered at CPEC City:
- Grand mosque
- Parks dotting the community
- State-of-the-art theme park
- PGA standard golf course
- Sports complexes and grounds
- 3D cinema
- Dedicated commercial hubs
- IT Park
- 5-star hotel
- Conference halls
- Mass transport system for residents and investors
Investment Options in CPEC City, Nowshera
CPEC City is expected to host a mix of both high-rise and mid-rise towers that will offer residential as well as commercial investment opportunities in a range of different prices. The residential opportunities will include plots, homes, farmhouses, condos, and apartments. The project is also expected to house an Executive Block and an Overseas Block, as well as offering plenty of commercial investment opportunities in the Medical City and Knowledge Park. Commercial plots and corporate offices will also be available for sale once the booking begins.
The city is expected to make walking to work a possibility with commercial districts within walking distances, where shopping and entertainment opportunities will await residents. The project is open for business proposals, but further details about the investment options at CPEC City will only be released once the town planning is finalised.
Payment Plan for CPEC City, Nowshera
While no exact details of the payment plan for CPEC City, Nowshera, have been shared so far, both commercial and residential plots will be available for sale on instalments. Booking forms for these will be available at the branches of all major banks in Pakistan, as well as on the project’s official website, site office, and business centre.
Development Updates for CPEC City, Nowshera
The KPK Government urged its Housing Department in a meeting in the middle of March 2020 that the project should be launched as soon as possible. Since the development is expected to play a detrimental role in uplifting the standards of living for the province, the concerned authorities are aiming to complete the project on time without granting any timeline extensions. The Chief Minister (CM) of KPK also informed all those gathered at the meeting that payment to the owners of the land is underway, while nearly 40,000 kanal had already been acquired in January 2020.
About Frontier Works Organisation (FWO)
Frontier Works Organisation is a construction firm that was established in Pakistan on the 31st of October in 1966 to carve out the legendary Karakoram Highway (KKH) across one of the largest mountain ranges in the world. The feat was enough to prove the true potential of the FWO in carrying out civil engineering projects in the toughest of terrains. The organisation has been progressing steadily since then, with a commitment to uplifting national infrastructure and becoming one of the largest firms in civil engineering in the country. The FWO has assisted on and undertaken several construction projects on foreign soil as well, with great results. Thus, the future and development of CPEC City, Nowshera, seems to be in good hands.
Now you can make a smarter decision about investing in CPEC City, Nowshera. We’d recommend that you bookmark this page and stay updated on all of the latest updates of CPEC City, as we will continue to update the post as the project develops.
Keep reading more posts on Zameen Blog in the meantime. You can also reach us blog@zameen.com with your queries, concerns, and suggestions.
*[All images for this post have been sourced from the Official Website of CPEC City, Nowshera]
