IN THIS POST
– Rawalpindi Ring Road
– Top Housing Schemes
The approval of Rawalpindi Ring Road Project Economic Corridor, more commonly referred to as Rawalpindi Ring Road, is proving to be a golden opportunity for real estate investors in twin cities. The completion of this PKR 50 billion mega infrastructural project is expected to have a positive impact on the value of the real estate in the area, particularly affecting the property prices in nearby housing societies. Therefore, if you are looking for investment opportunities near Rawalpindi Ring Road that promise maximum gains, we’ve put together a list of top real estate projects located near its route.
However, before we discuss the best housing schemes for investment near Rawalpindi Ring Road, let’s take a quick look at one of the most important projects of the Punjab Government.
What is Rawalpindi Ring Road Project Economic Corridor?
The 64-kilometre-long Rawalpindi Ring Road was a much-needed project for twin cities. Apart from diverting the heavy flow of traffic, it will also boost economic activities in the city by providing direct access to Lahore-Islamabad Motorway and Islamabad International Airport. Owing to its geographical and strategic importance, the Rawalpindi Ring Road project has already been dubbed as an economic game-changer. Moreover, the construction of this six-lane road will benefit the real estate market by increasing the value of property in its vicinity. In fact, the prices of property near Rawalpindi Ring Road have already witnessed a slight hike in recent days.
As per the latest reports on the Rawalpindi Ring Road alignment, the highway will start at the Radio Pakistan building on National Highway 5 (GT Road) and merge with the Margalla Road near Sangjani Interchange on the Peshawar-Islamabad Motorway. Taking the route through M-1 Motorway, Rawalpindi Ring Road will lead to the Islamabad International Airport and then loop around the eastern route of China Pakistan Economic Corridor (CPEC) initiative to head towards the Margalla Road while passing close to the Sangjani Interchange.
Furthermore, the entire route will have eight interchanges in total. The Rawalpindi Ring Road interchanges will be constructed at Radio Pakistan, Khasala Khurd, Fateh Jang Road, Chakri, Hakla and Sangjani.
The construction of Ring Road Rawalpindi will be carried out by a public-private partnership in three phases. In addition to that, the project will reportedly include a modern dry port, international expo centre, well-equipped hospital, fruit and vegetable markets, goods and public transport terminals, and cattle markets.
Investment Opportunities near Rawalpindi Ring Road
Let’s take a look at the top RDA approved housing societies to invest along Ring Road Rawalpindi for high ROI.
- DHA, Islamabad, Phase 3
- Bahria Town Phase 8 Extension, Rawalpindi
- Capital Smart City, Rawalpindi
Here’s a brief analysis of each area to help you reach an informed decision.
DHA, Islamabad, Phase 3
The upscale housing society of DHA Islamabad is one of the most sought-after areas to buy property in twin cities. It is considered one of the largest real estate projects in the region offering top-notch amenities and facilities to its residents. This luxurious residential scheme already enjoys immense popularity among domestic and overseas buyers. Therefore, the completion of Rawalpindi Ring Road will only add to the value of property in DHA Islamabad, particularly in DHA Phase 3.
The brilliant location and well-earned popularity of DHA Islamabad Phase 3 make it one of the top investment opportunities near Rawalpindi Ring Road. Formerly known as the New Pindi Housing Scheme, this gated community was inaugurated in 2016 and is situated opposite the well-established locality of DHA Phase 2. It has two entrances, one from Rawat on Main GT Road and another opposite DHA Phase 2 near Giga Mall.
Though the development work in the society is still underway, the prices of plots in DHA Phase 3 have significantly increased since its launch. This makes it an ideal area to invest in property near Rawalpindi Ring Road.
Much like other phases of DHA Islamabad, DHA Phase 3 is a meticulously-planned residential scheme boasting modern infrastructure, a network of wide roads, dedicated commercial areas, mosques, green belts, parks, proper waste management system, and much more. Once developed, the locality will also house educational institutes and hospitals among other facilities.
Bahria Town Phase 8 Extension, Rawalpindi
If you’re still wondering where to invest along Rawalpindi Ring Road, the rapidly developing housing scheme of Bahria Town Phase 8 Extension can provide you with rather lucrative investment options. Known for their state-of-the-art infrastructure and sheer attention to detail, the projects of Bahria Town have always been a favourite among local and foreign investors. The well-planned Bahria Town Phase 8 Extension in Rawalpindi is no exception.
This residential scheme is located on the Adiala Road-Rawat Road Link adjacent to Phase N of Bahria Town Phase 8. Awami Villas Sector 3 is also located in the vicinity of this project. Though it is still undergoing development work, the area has already witnessed a substantial rise in its property prices following the approval of Rawalpindi Ring Road, as this road will directly connect Phase 8 Extension to the main city.
As per the Bahria Town Phase 8 extension map, the project has been divided into six sectors. It features residential plots of sizes 5 marla, 8 marla, 10 marla and 1 kanal. Moreover, the neighbourhood will house all the top-tier facilities and amenities required for a luxurious lifestyle. This includes sustainable infrastructure, reputable schools and hospitals, parks and sports grounds, recreational facilities, and a golf course, to name a few.
So, if you are looking for investment opportunities near Rawalpindi Ring Road, you must make sure to check out plots for sale in Bahria Town Phase 8 Extension.
Capital Smart City, Rawalpindi
With a motto that states “Smart Economy, Smart Housing and Smart Environment,” Capital Smart City aims to become the first-ever smart city to be developed within Asia. Located on the M2 Motorway near New Islamabad International Airport, this self-sustainable and eco-friendly project offers a smart, modern and secure lifestyle to prospective buyers. It is a project of Future Developments Holdings Pvt Ltd. and has been approved by the RDA, officially known as the Rawalpindi Development Authority.
The Capital Smart City is being developed right alongside the eastern route of CPEC, which has drawn the interest of investors. The approval of Rawalpindi Ring Road is expected to further strengthen the position of Capital Smart City as an ideal housing society to buy property in twin cities.
For those looking to buy property near Rawalpindi Ring Road, Capital Smart City offers outstanding residential and commercial investment options with world-class amenities and facilities. The housing scheme features modern drainage and sewerage system, uninterrupted power supply, and an advanced CCTV security surveillance with a facial recognition system, and much more.
You can also check out the prices of property in Capital Smart City or take a look at our guide detailing reasons to invest in Capital Smart City for further information.
Apart from the ones mentioned above, investing in housing schemes on Adiala Road and Chakri Road can also be beneficial as these roads will have direct access to Ring Road Rawalpindi.
This brings an end to our overview of best housing schemes for investment near Rawalpindi Ring Road. If you want to learn about the property prices in either of these areas or are looking for more investment options in Islamabad-Rawalpindi metropolitan area, make sure to get in touch with the qualified real estate experts at Zameen’s 24/7 sale centre by dialling 051-111-333-333.
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