New blue area project Islamabad
New blue area project Islamabad will open the venture of jobs, foreign investment in Pakistan, as PM Pakistan Imran Khan has announced a new commercial project “New blue area” in Islamabad Pakistan. CDA has been already instructed and acquire the land for this commercial project.
Exact location has yet to be announced by early news are it’s the commercial land in-front of F-9 park facing commercial side area, few plazas are already built in this area, rest there are few play-area grounds.
CDA sources has further mentioned that there is a total of 26 commercial plots that will be auctioned in New Blue Area project. Through this auction CDA is hoping to generate 25 to 30 billion rupees. About 5% of the revenue from plots sales will be spent on development and provision of amenities in this new commercial area.
Central location of Islamabad and has a humongous commercial value this is the area allocated for the project. Once CDA auctions these commercial plots, many new commercial hi-rise projects will start immediately.