Is the new blue area worth investing in?

Please kya app bta sakte ha ke iss me minimum kitne sq.yard/sq.ft ka plot hae mtlb jo sasta ho...Installment plan kya hae and and kam se kam sq.ft mujhe kitne ka parega.Aur ye existing Blue Area ke sath touch hae ke kahi aur...Forum legends please answer

I do not know exact prices, but i know one thing for sure.



Its a game of billions. Not in millions.

I have now found out that the plot sizes at New Blue Area, Islamabad range from 600 square yard to 10,000 square yard.

It's a big investment in terms of $$$, might be long term and also finding the buyers in future will be hard. Better if you have money to invest and build a mall or building and get best rentals.

Total Size = 170 Kanal (not much)

Location = Between G-9 & F9: Jinnah Avenue to be specific (A rectangular strip between Jinnah Avenue & Ibn e Sina Road). Approx 3 to 4 km on straigt road from the Centaurus & less from F-8 Markaz.

Estimated Revenue by Land Selling = 25 to 30 Bn PKR (25 to 28) Commercial Plots for Auction

** 30000000000 PKR/(170 X 20) = 75 to 88 Lakh approx per Marla.

Hopefully, I havent missed any zero(s), here and there...

Revenue/Size gives a rough figure in terms of price/marla/sq. Yards.

CDA needs money, area is small surrounding is prime and developed. If CDA doesnt mess that up as usual this is show that can be started and completed within 1 year.

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Here is the location on GMaps (rectangular slot) Starting and Ending exactly between G-9, F9 where both start and end:

https://www.google.com/maps/@33.6935359,73.0245408,3748m/data=!3m1!1e3

Very informative IMTIAZ BHAI.

@Imtiaz, Thank you.

Have no attraction for small and medium investors.

It can be at second tier, i.e., construction on auctioned plots with shops or whatever commercial. Not cheap but well worth more than these commercials of BT/DH/etc. for mid sized investment!!

I think we can safely assume that many such projects will be delayed. The government was going to auction its plots in the New Blue Area in mid-April but given the lockdown situation owing to Coronavirus, I think the auction will be delayed. We cannot say anything with certainty about the prices because everything is undecided right now. However, many projects will be delayed and that will affect the prices too.



@Imtiaz. Could you elaborate a bit about what exactly do you mean by second-tier here and how mid-sized investors could consider?