Home » Construction » All You Need to Know About Faisalabad Ring Road Project
–About Faisalabad Ring Road
–Faisalabad Ring Road Map
–Popular Neighbourhoods
–Property Investment in Faisalabad
Known as one of the most important business hubs in the country, the city of Faisalabad, which was once known as Lyallpur, is located within the heart of Punjab. A state-of-the-art shopping mall, known by the name of ‘Lyallpur Galleria,’ has also been recently constructed in the city. Owing to its great commercial significance, the metropolis experiences heavy traffic flow on a regular basis, which sometimes results in clogging of important road links around the city. In order to provide an all-out solution to such a problem, the Faisalabad Development Authority (FDA) has just announced a circular ring road project for the city worth billions of rupees. In this blog, we’ll learn all about the proposed Faisalabad Ring Road Project and find out how it is going to improvise the urban transportation system in the metropolis.
So, let’s begin!
More About Up-and-coming Faisalabad Ring Road Project
As per the latest updates on Faisalabad Ring Road, the project is going to be developed with a total cost of PKR 400 billion. It is going to be a mega-scale construction, which will involve paving of a 70-kilometre-long multilane road, circling the entire city.
With multiple interchanges all around it, the road is going to be linked with all the major roads and motorways running in and around Faisalabad. Multan-Pindi Bhattian M4 Motorway, which is an important part of the network of motorways in Pakistan, also runs nearby, and is going to be linked with the soon-to-be-developed circular ring road in Faisalabad.
According to General Muhammad Sohail Khawaja, the director of the Faisalabad Development Authority (FDA), the planning of the project is in full swing and the development work on it is soon to be initiated. He further stated that upon completion, this freeway would facilitate commuters by cutting down the distance of hours into minutes.
Moreover, the Faisalabad Ring Road will provide a direct road connection between all the major industrial units in the city and the nearest limited-access roads and freeways. Along with making transportation of goods easier than ever, the circular ring road in Faisalabad has also been planned to feature special economic zones alongside to significantly promote commercial activities in the region.
Industries like pharmaceutical, textile, and agriculture are expected to benefit from all these developments. The planned dryland port near the city of Faisalabad is expected to convert the region into one of the biggest commercial hubs in Pakistan, thus benefiting the ongoing China Pakistan Economic Corridor (CPEC) projects.
Faisalabad Ring Road Map
The map of Faisalabad Ring Road hasn’t been rolled out officially yet. However, keeping in view the general construction practices followed for a freeway like a ring road, the project is expected to be mapped out to surround the entire city and connect all of its important areas. Along with facilitating the commercial transportation sector, the upcoming infrastructure development in Faisalabad will also uplift the real estate value of Faisalabad, similar to what we have seen in the case of Ring Road Lahore. The neighbourhoods in the suburbs of the city are likely to fall in proximity or run adjacent to the upcoming ring road in Faisalabad.
Popular Neighbourhoods in the Suburbs of Faisalabad
Some of Faisalabad’s most popular neighbourhoods are found in its suburbs, away from the city centre, surrounded by the serenity of the countryside. Housing societies like Paradise Valley, Kareem Garden, FDA City, Rehman Villas, and Chenab Gardens are some fine examples in this regard. To explore more areas for property investment in Faisalabad, you can head over to our area guide section for the city.
Property Investment in Faisalabad
If you are interested in buying property in Faisalabad, then you can choose from a plethora of property options available in the form of houses and plots. To check out the rates of plots for sale in Faisalabad, you can refer to the following table:
Plots for Sale in Faisalabad
Houses | Price Range (PKR) |
5 marla | 30 lakh – 2 crore |
10 marla | 60 lakh – 4 crore |
1 kanal | 1.5 crore – 8 crore |
Now, let’s take a look at the price chart for houses for sale in Faisalabad, according to their sizes.
Houses for Sale in Faisalabad
Plots | Price Range (PKR) |
5 marla | 15 lakh – 1.5 crore |
10 marla | 32 lakh – 2.5 crore |
1 kanal | 40 lakh – 6 crore |
This brings us to the end of the overview of the proposed Faisalabad Ring Road Project. If you have any questions or feedback related to the above-discussed infrastructure development in Faisalabad, feel free to reach out to us at blog@zameen.com. We’ll try to get back to your emails as soon as possible.
Meanwhile, you can also read our traveller’s guide to Faisalabad, if you want to know more about the city.
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