6 KANAL COMMERCIAL LAND FOR SALE IN ISLAMABAD ISLAMABAD IN PAKISTAN
The expansion of the Islamabad Expressway is one of the most important projects undertaken by the Capital Development Authority (CDA). Delays have been causing problems for commuters, but it seems that the authority may have found some help. When it was conceived back in 2007, the project aimed to fix the existing and future traffic issues. Also called the Signal-free Corridor, the path connects Zero Point in Islamabad to Rawat on the Grand Trunk (GT) Road, offering a wider route to traffic entering and exiting the city. The 28-kilometre long and five-lane-wide signal-free corridor was to be completed in four phases. The avenue between Zero Point and the Gulberg-Greens Interchange was completed during the first two phases. But the patch between Rawat and Gulberg-Greens Interchange is facing delays, and causing problems for commuters. Following in the footsteps of Gulberg Islamabad, the Defence Housing Authority (DHA) and Naval Anchorage have volunteered to construct dedicated interchanges on the Islamabad Expressway. Reportedly, the two developers approached the CDA seeking permission to construct the interchanges at their respective entry points of their societies, which fall on the Expressway. According to CDA sources, these proposals have been approved. The fate of many housing societies, including DHA Phase II & V, DHA Valley, Naval Anchorage, Canyon Views and many others, depends on the under-construction signal-free corridor. Once the corridor is completed, the travelling distance for residents living in these societies will reduce significantly. Furthermore, if the pace of development work on the project picks up pace, the volume of real estate investment in surrounding housing societies will also increase. In anticipation of the project s completion, many investors and genuine buyers have already purchased plots in housing societies that fall on both sides of the Islamabad Expressway. With the project facing unexplained delays, people who had jumped into the game with short-term investments have inadvertently become longer-term players
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