Is Blue World City fake?
Blue World City is a completely legitimate project with NOC approval from Capital
Development Authority (CDA).
Why are there rumors about Blue World City Islamabad?
Concerns among investors
and rumors related to BWC started when Rawalpindi Development Authority (RDA)
issued a notice that declared a few societies of Rawalpindi illegal and BWC was
also listed among them.
If it is listed as
illegal, then how come it is a legal project?
Initially, Blue World City NOC Status was granted for only 427 Kanal land. Getting official
approval from BWC is proof of the legitimacy of the project. Later, this
project was extended due to the high demand, and additional 10,000 Kanals
consisting of Blue World City Overseas
Block and other blocks were added to it.
When a project extends,
as per Pakistani law for real estate operations, the society has to apply for
new NOC and planning permissions. The standard process can take up to months.
And unless the NOC of society is renewed, it is considered illegitimate by the
legislative authorities. BWC Islamabad also fulfilled this obligation and
applied for the renewal of NOC. Currently, their application is under review by
RDA. This is also the reason behind the name of these societies appearing under
the list of illegal societies on the official website of RDA. Most of their
review is complete and the renewed NOC is expected soon. Once it is granted,
the BWC name will again appear under the list of approved housing societies.
Blue World City
Islamabad Location
This project is a
collaboration between a famous real estate and infrastructure company from
Pakistan Blue Group of Companies and Chinese construction company Shah Jian
Municipal Engineering Company.
BWC lies on the border
of Rawalpindi City. It is situated in close proximity to the newly constructed
Islamabad International Airport and the eastern route of China Pakistan
Economic Corridor (CPEC) and the M2 Lahore-Islamabad Motorway.
The Lahore – Islamabad
Motorway (M-2), Rawalpindi Ring Road, and Chakri Road are the main access
points to the housing society.
Blue World City Islamabad location opens unlimited opportunities for the residents.
Once the CPEC route is functional, BWC is expected to become one of the most
expensive housing societies in Pakistan.
Blue World City
Islamabad payment plan
Blue world city payment plan
includes an initial 10% payment at the time of booking followed by the
remaining 90% payments in installments. The Installment plan is designed in a
way that even not a very strong segment of the community can also afford it.
The number of
installments depends upon the block and category of the plot (in terms of
size).
Final Words
Deal and Deals is the
official agent for the sale of properties in Blue World City Islamabad.
If you are looking to
buy residential and commercial properties here, reach out to benefit from free
consultations offered by our real estate agency.
Our professional agents will help you to find an option that meets the best to
your investment and residential needs.
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