{"id":61918,"date":"2020-02-25T13:09:23","date_gmt":"2020-02-25T08:09:23","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=61918"},"modified":"2020-02-25T13:09:24","modified_gmt":"2020-02-25T08:09:24","slug":"pm-approves-new-blue-area-for-islamabad","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pm-approves-new-blue-area-for-islamabad.html","title":{"rendered":"PM approves &#8216;New Blue Area&#8217; for Islamabad; project revenue to fund NPHP developments"},"content":{"rendered":"\n<p>Islamabad: Prime Minister (PM) Imran Khan on Monday approved the development plan for a commercial city named \u2018New Blue Area\u2019 in the federal capital, according to news sources. As per the publication, the government has reportedly allocated 170 kanals of land in front of Sector F-9 park for this purpose.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-approves-to-change-layout-plan-sector-d-12.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"CDA approves to change layout plan for D-12, Blue Area of G-9 (opens in a new tab)\">CDA approves to change layout plan for D-12, Blue Area of G-9<\/a><\/p>\n\n\n\n<p>The commercial city is expected to be developed according to international construction standards, with the project estimated to generate a revenue of almost PKR 30 billion for the government. It has been decided that a portion of this revenue will be used for the PM\u2019s low-cost housing initiative, the \u2018Naya Pakistan Housing Programme (NPHP)\u2019.<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pm-reviews-proposals-blue-area-bundal-island-development.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"PM reviews proposals for Blue Area, Bundal Island development (opens in a new tab)\">PM reviews proposals for Blue Area, Bundal Island development<\/a><\/p>\n\n\n\n<p>Moreover, the Capital Development\nAuthority (acting on the federal government\u2019s directives) is also planning on auctioning\noff 24 plots in Blue Area by offering potential bidders an incentive package. The\nPM is expected to make the formal announcement regarding this decision soon.<\/p>\n\n\n\n<p>The income generated from this auction is also likely to be utilised for NPHP, as the venture is being initiated in coordination with the <a href=\"https:\/\/www.zameen.com\/news\/naphda-to-partner-with-cda-for-blue-area-development.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Naya Pakistan Housing Development Authority (opens in a new tab)\">Naya Pakistan Housing Development Authority<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan on Monday approved the development plan for a commercial city named \u2018New Blue Area\u2019 in the federal capital, according to news sources. As per the publication, the government has reportedly allocated 170 kanals of land in front of Sector F-9 park for this purpose. Read: CDA approves to change layout plan for D-12, Blue Area of G-9 The commercial city is expected to be developed according to international construction standards, with the project estimated to generate a revenue of almost PKR 30 billion for the government. It has been decided that a portion of this revenue will be used for the PM\u2019s low-cost housing initiative, the \u2018Naya Pakistan Housing Programme (NPHP)\u2019. Read: PM reviews proposals for Blue Area, Bundal Island development Moreover, the Capital Development Authority (acting on the federal government\u2019s directives) is also planning on auctioning off 24 plots in Blue Area by offering potential bidders an incentive package. The PM is expected to make the formal announcement regarding this decision soon. The income generated from this auction is also likely to be utilised for NPHP, as the venture is being initiated in coordination with the Naya Pakistan Housing Development Authority.<\/p>\n","protected":false},"author":75,"featured_media":61667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[20851,20850,20849],"persona":[],"class_list":{"0":"post-61918","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-new-blue-area","9":"tag-nphp-developments","10":"tag-pm-approves-new-blue-area-for-islamabad","11":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PM approves &#039;New Blue Area&#039; for Islamabad - Zameen News<\/title>\n<meta name=\"description\" content=\"PM Imran Khan approved plan for a commercial city named \u2018New Blue Area\u2019 in Islamabad. 170 kanals of land in front of Sector F-9 park are allocated for this\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pm-approves-new-blue-area-for-islamabad.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM approves &#039;New Blue Area&#039; for Islamabad - Zameen News\" \/>\n<meta property=\"og:description\" content=\"PM Imran Khan approved plan for a commercial city named \u2018New Blue Area\u2019 in Islamabad. 170 kanals of land in front of Sector F-9 park are allocated for this\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pm-approves-new-blue-area-for-islamabad.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-25T08:09:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-25T08:09:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/Imran-Khan-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"420\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hazafa Hasan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hazafa Hasan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PM approves 'New Blue Area' for Islamabad - Zameen News","description":"PM Imran Khan approved plan for a commercial city named \u2018New Blue Area\u2019 in Islamabad. 170 kanals of land in front of Sector F-9 park are allocated for this","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/pm-approves-new-blue-area-for-islamabad.html","og_locale":"en_US","og_type":"article","og_title":"PM approves 'New Blue Area' for Islamabad - Zameen News","og_description":"PM Imran Khan approved plan for a commercial city named \u2018New Blue Area\u2019 in Islamabad. 170 kanals of land in front of Sector F-9 park are allocated for this","og_url":"https:\/\/www.zameen.com\/news\/pm-approves-new-blue-area-for-islamabad.html","og_site_name":"Pakistan Real Estate News &amp; 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