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Blue Area Islamabad

Rs12 Billion Investment Made For Blue Area Project In Islamabad

New Blue Area venture in Islamabad has gotten a huge speculation of more than Rs. 12 billion in only 2 days of sale. 

Capital Development Authority (CDA) has composed a 3-day sell off from July 15 to 17 for the business plots of the New Blue Area arranged on Jinnah Avenue before the F-9 Park. The 3-day sale will reach a conclusion today. Up until now, CDA has unloaded 8 business plots of different sizes and gathered Rs. 12.79 billion. The city enterprise affirmed offers for 4 business plots of worth Rs. 7.24 billion on the second day of the bartering. 

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A representative for the CDA has said that the New Blue Area venture is a demonstration of the endeavors of Prime Minister Imran Khan to advance the development business in the nation. The cooperation of financial specialists in the closeout procedure shows their trust in the business-accommodating arrangements of the officeholder government. CDA hopes to get an all out venture of Rs. 15 billion before the finish of the 3-day sell off procedure. The company will utilize the speculation raised from the sale procedure to dispatch various activities in Islamabad for the advancement of the inhabitants. On 1 March, PM Imran Khan had visited the proposed site of the New Blue Area venture before officially propelling the undertaking. 

New Blue Area Islamabad Location Map
New Blue Area Islamabad Location Map

The 3-day sell off procedure was initially planned to be held from April 14 to 16. Be that as it may, the Coronavirus flare-up in the nation in late February and resulting lockdown made the association of the bartering procedure unthinkable in April. PM Imran Khan had officially affirmed the arrangement of the New Blue Area venture in February after CDA dispensed 170 Kanals for the undertaking on Jinnah Avenue.

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