6 Kanal Commercial Plot For Sale At Islamabad Express Way
Islamabad Expressway, Islamabad, Islamabad Capital
6 Kanal
Overview
Details
- TypeCommercial Plot
- PricePKR66 Crore
- LocationIslamabad Expressway, Islamabad, Islamabad Capital
- Bath(s)-
- Area6 Kanal
- PurposeFor Sale
- Bedroom(s)-
- Added5 months ago
Description
The expansion of the Islamabad Expressway is one of the most important projects undertaken by the Capital Development Authority (CDA). Delays have been causing problems for commuters, but it seems that the authority may have found some help.
When it was conceived back in 2007, the project aimed to fix the existing and future traffic issues. Also called the Signal-free Corridor, the path connects Zero Point in Islamabad to Rawat on the Grand Trunk (GT) Road, offering a wider route to traffic entering and exiting the city.
The 28-kilometre long and five-lane-wide signal-free corridor was to be completed in four phases. The avenue between Zero Point and the Gulberg-Greens Interchange was completed during the first two phases. But the patch between Rawat and Gulberg-Greens Interchange is facing delays, and causing problems for commuters.
Following in the footsteps of Gulberg Islamabad, the Defence Housing Authority (DHA) and Naval Anchorage have volunteered to construct dedicated interchanges on the Islamabad Expressway. Reportedly, the two developers approached the CDA seeking permission to construct the interchanges at their respective entry points of their societies, which fall on the Expressway. According to CDA sources, these proposals have been approved.
The fate of many housing societies, including DHA Phase II & V, DHA Valley, Naval Anchorage, Canyon Views and many others, depends on the under-construction signal-free corridor. Once the corridor is completed, the travelling distance for residents living in these societies will reduce significantly. Furthermore, if the pace of development work on the project picks up pace, the volume of real estate investment in surrounding housing societies will also increase.
In anticipation of the project s completion, many investors and genuine buyers have already purchased plots in housing societies that fall on both sides of the Islamabad Expressway. With the project facing unexplained delays, people who had jumped into the game with short-term investments have inadvertently become longer-term players
When it was conceived back in 2007, the project aimed to fix the existing and future traffic issues. Also called the Signal-free Corridor, the path connects Zero Point in Islamabad to Rawat on the Grand Trunk (GT) Road, offering a wider route to traffic entering and exiting the city.
The 28-kilometre long and five-lane-wide signal-free corridor was to be completed in four phases. The avenue between Zero Point and the Gulberg-Greens Interchange was completed during the first two phases. But the patch between Rawat and Gulberg-Greens Interchange is facing delays, and causing problems for commuters.
Following in the footsteps of Gulberg Islamabad, the Defence Housing Authority (DHA) and Naval Anchorage have volunteered to construct dedicated interchanges on the Islamabad Expressway. Reportedly, the two developers approached the CDA seeking permission to construct the interchanges at their respective entry points of their societies, which fall on the Expressway. According to CDA sources, these proposals have been approved.
The fate of many housing societies, including DHA Phase II & V, DHA Valley, Naval Anchorage, Canyon Views and many others, depends on the under-construction signal-free corridor. Once the corridor is completed, the travelling distance for residents living in these societies will reduce significantly. Furthermore, if the pace of development work on the project picks up pace, the volume of real estate investment in surrounding housing societies will also increase.
In anticipation of the project s completion, many investors and genuine buyers have already purchased plots in housing societies that fall on both sides of the Islamabad Expressway. With the project facing unexplained delays, people who had jumped into the game with short-term investments have inadvertently become longer-term players
Amenities
- Main Features
- Parking Spaces: 1
- Double Glazed Windows
- Flooring
- Electricity Backup
- Floors: 2
- Rooms
- Bedrooms: 3
- Bathrooms: 4
- Servant Quarters: 1
- Drawing Room
- Dining Room
- Kitchens: 2
- Powder Room
- Lounge or Sitting Room
- Plot Features
- Possesion
- Corner
- Park Facing
- File
- Balloted
- Sewerage
- Electricity
- Water Supply
- Sui Gas
- Boundary Wall
- Business and Communication
- Broadband Internet Access
- Community Features
- Community Lawn or Garden
- Community Swimming Pool
- Community Gym
- First Aid or Medical Centre
- Day Care Centre
- Kids Play Area
- Barbeque Area
- Mosque
- Community Centre
- Healthcare Recreational
- Lawn or Garden
- Nearby Locations and Other Facilities
- Nearby Schools
- Nearby Hospitals
- Nearby Shopping Malls
- Nearby Restaurants
- Distance From Airport (kms)
- Nearby Public Transport Service
- Other Nearby Places
Location & Nearby
Islamabad Expressway Map
Nearby
Home Finance
Calculate and view the monthly mortgage on this commercial plot
Conventional
Interest Plan
Ghar Sahulat Scheme
Employment Status
Salaried
Property Price
PKR
Loan Period
Years
Down Payment
%
PKRInterest Rate
%
Monthly PaymentPKR65.51 Lakh
Bank Finance AmountPKR46.2 Crore
Payment Breakdown
InterestPrincipal
Price Index
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