The wait is over! There is good news for developers and real estate investors of Islamabad. Blue Area’s new commercial plots are ready to be sold through auction; whereas Capital Development authority (CDA) has reserved 170 kanals of premium land for this huge venture. New Blue Area Islamabad is a commercial hub in Islamabad and is densely populated. Our very own Prime Minister, Mr. Imran Khan has approved Capital Development Authority’s plan “New Blue Area” in Islamabad and now its commercial plots are all set for auction.
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Auction Schedule of Blue Area Islamabad
Blue Area is a vision of current government of Pakistan and CDA is leading this gigantic venture. The main reason for the auction of commercial plots is to generate money, so that further development of low price housing societies can be done under Naya Pakistan Housing Scheme. The auction of commercial plots will be held at “Jinnah Convention Center, Islamabad” on 14th, 15th and 16th of April, 2020. Commencement of the bidding process will start from 10:00am onward. So be there, to take part in the exclusive commercial investment opportunity in Islamabad.
Remarkable location of Blue Area Islamabad
New Blue Area Islamabad holds a lot of commercial importance in Islamabad as it lies along Jinnah Avenue. Jinnah Avenue is one of the busiest areas of Islamabad. Not just hundreds but thousands of people visit this area on daily basis as almost all big companies have their main offices in this area and real estate investors can’t wait to find vacant space in this area to start their businesses there too. Because of great footfall, New Blue area provides a distinctive opportunity for businessmen and investors to endorse their businesses and brands in the upcoming, newly developed commercial hub of Islamabad.
New Blue Area Islamabad Presents An Enticing Investment Opportunity
Blue Area is the main hub of commercial and corporate activity in Islamabad. Not only is it the core of economic activities in the city, Blue Area holds the significance of an opulent business area. If you have your office in Blue Area, it would instantly assume some level of class, trustworthiness and quality. Moreover, due to the large footfall, in return, your business will flourish. Therefore, the commercials in Blue Area have seen a large increase in their value since inception.
Due to the significance of the Blue Area, the public is seeing the New Blue Area in the same manner as an extension of Blue Area. This entices the real estate investors and developers to get a piece of land in the new project in hopes of building the next mall, restaurant, hotel, corporate tower or an apartment complex. We are equally excited to see what this new projects brings for the people of Islamabad.
We believe that the new commercial zone will be suitable for the following types of activities or businesses based on the nature and location of the project.
- Banks and Corporate Offices
- Petrol Pumps
- Hotels
- Restaurants and Food courts
- Shopping centers
- Luxury apartments
Click here to find out more about project details and auction of New Blue Area.
How to participate in the Auction?
Are you interested in taking part in New Blue Area’s upcoming Auction? Here is how you can participate in it. A complete guideline to become an active member of the auction will be defined by Capital Development Authority soon, however, brochures of the project are available in designated branches of Askari Bank, HBL Bank, Bank of Punjab and MCB bank. Candidates who are interested in participating in the Auction will have to submit a fee as a token amount along with their properly filled application.
There is a devoted team of Capital Development Authority officials who will assist interested bidders at every level of the auction. So, you don’t have to worry at all. Kindly call on CDA’s official contact number or visit their office personally to get one-to-one facilitation. For your assistance, the Address and Contact details of the appropriate department in CDA is mentioned below so that you can get first hand completely authentic information.
Director Estate Management-II
Phone: 051-9252481
Address: Khayaban-e-Suharwardy, G-7/4, Islamabad
For any further information or free consultation, please do not hesitate to contact us on +92 334 5557734 or email us at info@irealprojects.com. Islamabad project is always there to assist you. Don’t forget to follow us on Facebook to stay updated with what’s new at Islamabad Projects.
