RAWALPINDI: The Rawalpindi Development Authority (RDA) has issued a notification under section 4, allowing the government to secure land along the Ring Road to develop multiple projects.
Under this notification, the land will be procured from individuals by the government on decided rates.
The authority will utilise the land to establish a housing project under Naya Pakistan Housing scheme, a medical city, and an economic zone informed RDA Chairman Tariq Murtaza.
In addition, educational institutions including a technical college spread over 700 acres, a 300-acre hospital, along with parks, various markets will also be set up along the signal-free corridor to accommodate the residents of the housing project, he further added.
The project scheduled to be completed until 2023 will not address the existing traffic congestion issues faced but also alleviate the noise and environmental pollution experienced and boost the economic activities.
The authority will also designate land for the development of various commercial sites, and industries, along with health and education facilities
A financial model is yet to be finalised by the authority to complete the project, the chairman added.
For news and blogs, visit Graana.com.
Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…
Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…
Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…
Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…
Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…
Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
