Rawalpindi Ring road is a highway being made between Islamabad and Rawalpindi. The high has 3 lanes and is 65.3 km long, and has eight interchanges with four service stations in total. Rawalpindi Ring road has been planned to start from Rawat area in Rawalpindi; it will pass Adiala and Bahria town and go till sangjani. It also connects with other major motorways, including the Islamabad-Lahore motorway and Islamabad-Peshawar motorway. Do you want to buy plot in blue world City?
Purpose of Rawalpindi Ring road
Rawalpindi Ring road will connect two major cities of Pakistan, Islamabad, and Rawalpindi. With reduced travel time, trade between the two cities will increase, fostering economic growth and development in the area. Rawalpindi ring road is crucial for developing areas in south Rawalpindi that are yet to be urbanized. The existing route for travel between Rawalpindi and Islamabad was highly congested and took a very long time; hence many people avoided commuting between the cities. Hence this highway will bring ease to the citizens of the two cities.
Impact of the ring road on Pakistan’s real estate market
Access to remote areas that were initially too far will become easier. As a result, the prices of the property there will increase significantly. Many developers will be interested in constructing housing societies there as they would be easily accessible through this highway. Therefore ring road will create a boom in the real estate market and lead to a rise in construction. Several real estate housing societies are already present in that area. These societies will also benefit from this road, and their prices have already experienced an increase.
Urbanization is the shift of people from rural to urban areas and adopting an urban lifestyle. Many areas located on the south of Rawalpindi are still significantly underdeveloped, with most of the population still following a rural lifestyle. Ring Road Islamabad will connect these areas to the central city and promote urbanization and development there. With a more significant number of people in the city, the demand for houses will increase and hence the real estate sector will be affected favorably. Invest in Rudn Enclave.
Features of Rawalpindi Ring road
Rawalpindi Ring road crosses all the prominent locations of the two cities. It makes access to the new Islamabad airport both more accessible and quicker. Moreover, it makes traveling to distant areas in Islamabad such as Bahria Town and DHA Islamabad convenient and will further strengthen ties between the two cities. The Rawalpindi ring Road will reduce the cost of travel and will make trade between the two cities more attractive to the businessman. It will reduce the travel time and also save petrol as the distance is shortened. All these factors are essential for economic activity to take place in an area. With more significant economic activity, the real estate sector will also experience a boost.
Problems with the Rawalpindi Ring Road
Rawalpindi ring road has failed to get approval from the Punjab government due to some significant flaws. The road may lead to significant traffic problems in the area. The government had asked the authorities to develop a plan to allow traffic to flow smoothly. However, the authorities are yet to develop a solution for the traffic problems.
Current status
Construction was about to start in August but is continuously being delayed. Furthermore, a recent corruption scandal related to this project resulted in a statement from the Punjab government ordering work to be stopped until further notice. However, the Chief Minister of Punjab, Usman Buzdar, has ordered construction to start once again. Investigations of the corruption scandal are to happen alongside the project’s construction.
Conclusion
Rawalpindi ring road is a project worth rupee 30 billion, and hence all matters must be handled with care. This highway will be highly beneficial to the people of Islamabad and Rawalpindi, especially for Pakistan’s real estate sector. This project was initially proposed in 1997, but its construction has still not started due to constant problems. You should also keep in mind the importance of kingdom valley.
