Graana News

RDA forwards budget of Rs2.287b to Punjab government for approval

RAWALPINDI: The Rawalpindi Development Authority (RDA) has forwarded its annual budget for the fiscal year 2022-23 of Rs2.287 billion to the government of Punjab for authorisation.

invest with imarat

Islamabad’s emerging city centre

Learn More

The annual budget was reviewed by a number of committees before being finalised to be sent to the provincial government. A finance sub-committee consisting of the Planning and Development Department, Urban Development, Housing, and Finance Department was set up under the Chairmanship of RDA DG Tahir Zafar Abbasi.

The budget also includes the Punjab government’s development schemes that will provide Rs49,506 million for infrastructure growth within the city.

A few ongoing development schemes that have been incorporated into the annual budget include the construction of Rawalpindi Ring Road (R3) from Banth to Thalian totalling up to Rs12,000 million and the provision of street lights within Chaklala Cantonment Board Rawalpindi with an allocation of Rs.10 million.

The RDA spokesperson also informed that Rs.20 million have been issued for the construction of the Nullah Leh Expressway and Flood Channel, from Katarian to Ammar Chowk. This allocation also comes under the Punjab government’s annual development programme.

Rs.300 million each have been set aside for the remodelling of Kutcherry Chowk and Defence Chowk Rawalpindi. RDA hopes to improve the city’s quality of life with these new infrastructure projects.

Ahmed Rehan

An editor and writer at Graana.com, Ahmed Rehan Nasir has a passion for creating engaging and informative content. With years of experience in the industry, Rehan has honed his writing skills and developed a deep understanding of SEO practices, crafting content that resonates with diverse audiences.

Recent Posts

Shingrai Waterfall: Your Ultimate Adventure Destination

Swat, famously known as the "Switzerland of Pakistan," is a land of mesmerizing beauty. It is…

2 days ago

Top 5 Reasons Why Millennials Are Investing in Real Estate

Millennials, often referred to as the “financially cautious generation,” are reshaping the investment landscape. Known…

3 days ago

IMARAT Group’s First Restaurant, Graanic Launches Organic Dining Experience at Mall of IMARAT

Graanic, Pakistan's premier organic food brand, has officially launched its new restaurant at Mall of…

3 days ago

Madyan Swat: The Ultimate Travel Guide

If you’re looking for a destination that combines breathtaking views, a peaceful ambiance, and unforgettable…

3 days ago

Real Estate Wealth Management: Trends and Insights for 2025

The real estate sector in Pakistan is undergoing significant transformations, and wealth management strategies are…

4 days ago

Federal Government’s Rental Rate Increase Hits Commercial Properties Nationwide

December 19, 2024— In a significant move, the federal government has announced an increase in…

4 days ago