Rawalpindi Ring Road

INTRODUCTION

The approval of Rawalpindi Ring Road Project Economic Corridor, more commonly called Rawalpindi Ring Road, is proving a golden opportunity for real estate investors in the twin cities. This PKR 50 billion mega infrastructural project expects 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 largest gains, we’ve put together a list of top real estate projects located near its route.

As the mega development project of the Rawalpindi Ring Road is nearing its inauguration, many big investors have silently crept into the market hunting for the best real estate deals along its route. Despite many housing projects claiming to have future access through Ring Road, this is the right time to invest in the projects which are going to take maximum advantage of this new access road.

WHAT IS RAWALPINDI RING ROAD PROJECT?

The 64-kilometre-long Rawalpindi Ring Road was a much-needed project for the 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, 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 seen a slight hike in recent days.

As per the latest reports on the Rawalpindi Ring Road alignment, the highway will start on 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 government will construct The Rawalpindi Ring Road interchanges at Radio Pakistan, Khasala Khurd, Fateh Jang Road, Chakri, Hakla and Sangjani.

The construction of Ring Road, Rawalpindi is going to be done by a public-private partnership in three phases. In addition to that, the project will reportedly include a modern dry port, international expo center, 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 PHASE 3
• BAHRIA TOWN PHASE 8 EXTENSION
• CAPITAL SMART CITY
• RUDN ENCLAVE

1. DHA PHASE 3

The upscale housing society of DHA Islamabad is one of the most sought-after areas to buy property in the twin cities. Investors consider it 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 the 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.This gated community was inaugurated in 2016. It was formerly known as the New Pindi Housing Scheme. It has two entrances, one from Rawat on Main GT Road and another opposite DHA Phase 2 near Giga Mall. 

Though the development work of the society is still underway, the prices of plots in DHA Phase 3 have increased a lot 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.

2. BAHRIA TOWN PHASE 8 EXTENSION

If you’re still wondering where to invest along Rawalpindi Ring Road, the rapidly developing housing scheme of Bahria Town Phase 8 Extension can give you rather lucrative investment options. Known for their latest infrastructure and sheer attention to detail, the projects of Bahria Town have always been a favorite 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 next to Phase N of Bahria Town Phase 8. Awami Villas Sector 3 is also in the vicinity of this project. Though it is still undergoing development work, the area has already seen a real rise in its property prices after the approval of the Rawalpindi Ring Road, as this road will directly connect Phase 8 Extension to the main city.

Moreover, the neighborhood 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.

3. CAPITAL SMART CITY

With a motto that states “Smart Economy, Smart Housing and Smart Environment,” Capital Smart City aim to become the first-ever smart city, developed within Asia. Located on the M2 Motorway near New Islamabad International Airport, this self-sustaining and Eco-friendly project offers a smart, modern and secure lifestyle prospective buyers. It is a project of Future Developments Holdings Pvt Ltd. In addition, it is approved by the RDA, officially known as the Rawalpindi Development Authority.

Authorities are developing The Capital Smart City right along the eastern route of CPEC, which has drawn the interest of investors. The approval of the Rawalpindi Ring Road is expected to further strengthen the position of Capital Smart City as an ideal housing society to buy property in the 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. In addition, it has an advanced CCTV security surveillance with a facial recognition system, and much more.

4. RUDN ENCLAVE

Rudn Enclave is an emerging housing project in Adyala Road Rawalpindi. This housing scheme has an extraordinary site because the planning of Rawalpindi Ring Road’s finalized alignment is done through it. In addition, the location of Adyala Interchange is right opposite to its first entrance gate. Rudn Enclave comprises residential plots, commercial plots and farm houses right next to Khasala Dam. It has also launched its “Executive Block” recently in association with NESPAK. They have launched residential and commercial plots at comparatively higher prices. Nonetheless, a development plan and standards are also much higher.

Another advantage of investing in Rudn Enclave is that it is a new housing scheme. Moreover, you can avail installments option.Rudn enclave offers all property types on 4 years easy installment plan at very reasonable prices.

5. MIVIDA CITY

Mivida is a Spanish word, which means that ‘’for the love of life’’. For the love of everything and, for the love of nature. The Mivida is one of Pakistan’s first Eco Sustainable housing society. Moreover, it is included in Islamabad’s mega projects. Although, the Mivida is coming with unique technology and infrastructure for maintaining the beauty.

Mivida City, Islamabad lies on the Main Chakri Road that is the most ideal place of Islamabad. The New Islamabad International Airport is close to this housing society. Various important roads, including M-2 Motorway are also connected to this place. Rawalpindi Ring Road is also just a few minutes’ drive away. However, such excellent connectivity makes this place truly ideal to live and invest. One can easily access this community from almost all the parts of Islamabad. Various major real estate developments lie around this project setting its value higher in the real estate sector. Such a drastic and beneficial location is worth considering to buy property in the midst of conveniences.

It is a master development with a lot of attractive features. Mivida Islamabad location is the most appealing aspect that is inviting the buyers to buy property here. We need to appreciate the most outstanding thing, the choice of location. The society has chosen a very prominent area to develop this top-class project. For instance, it enjoys great links with the fastest route of different districts and areas of Islamabad.

This place has all essentials and amenities, which make it the best choice for you. For instance, main boulevard, gated community, smart and sustainable city, smart security system and much more.

CONCLUSION

There is no doubt that the Rawalpindi Ring Road project is going to have a major impact on prices of land along its route. The percentage return on investment can be higher or lower. It depends on the invested amount and current prices of a certain project. However, we can safely make a claim that land prices will go up by more than double by mid 2023. Meanwhile, the Government will open the Rawalpindi Ring Road for public.

For the latest updates about the property trends in Islamabad and Rawalpindi, stay connected to LANDSTER BLOG https://landster.pk/blog/

If you are looking for investment opportunities, read this article for guidance https://landster.pk/2020/11/30/a-guide-to-real-estate-why-investing-in-real-estate-is-a-good-option/