When it comes to real estate, one of the most important factors is capital—or, more specifically, the availability of capital. That’s why it’s so important that Blue World city Islamabad has been approved by the Capital Development Authority (CDA). As the first ever smart city in Pakistan, Blue World city Islamabad will help reduce traffic congestion and improve the livability of Islamabad. It will also support businesses and promote innovation. If you’re interested in investing in this cutting-edge project, be sure to check out the CDA website for more information. In the meantime, stay tuned for updates on what this exciting new city will have to offer!
What is Blue World City Islamabad?
Blue World City Islamabad is a planned urban development in Islamabad, Pakistan. The development is expected to cover an area of and be completed by 2025. The project will consist of a cluster of high-rise buildings, with a total floor space of . It will also include a convention centre, a sports complex, and residential areas.
The project has been approved by the city district administration (CDA) of Islamabad. The CDA stated that the project “will improve the quality of life for residents and provide them with world-class facilities.” Mohammad Ali Dharejo, chairman of the CDA, added that the development would create jobs for people in the area.
The project has been criticized by some residents of Islamabad. They argue that it will increase traffic congestion in the city and that it is not necessary given that there are already many high-rise buildings in the city.
What is the Capital Smart Blue World City Islamabad?
The Capital Smart Blue World City Islamabad is a planned city that is under development by the Capital Development Authority (CDA) of Pakistan. The city will be located in the federal capital of Islamabad and it is scheduled to be inaugurated by Prime Minister Nawaz Sharif in late 2016.
The city will have a population of 1 million people and it will be divided into six zones. The zones are Central Zone, North Zone, South Zone, East Zone, West Zone, and the Airport Zone. Each zone will have its own unique character and it will also have a number of commercial hubs. The city will also have a number of parks and green spaces.
The Capital Smart Blue World City Islamabad is an important project for the CDA because it will help to address some of the problems that residents of Islamabad face. These problems include traffic congestion and pollution levels that are high in the city. The city will also help to reduce the cost of living in Islamabad because there will be more opportunities for businesses to set up shop there.
The Features of the Capital Smart Blue World City Islamabad
The Capital Smart Blue World City Islamabad is an upcoming city that has been approved by the Karachi Development Authority (KDA). The city will be built on the Gwadar Free Zone and is expected to be completed in 2020.
The Capital Smart Blue World City Islamabad will have a population of 1.5 million people and will be home to corporate offices, world-class hospitals, universities, tourist destinations, and a vibrant retail sector. The city will also feature a new financial district and a green belt area that will be home to parks and gardens.
The Capital Smart Blue World City Islamabad is expected to create more than 10,000 jobs and help revive the economy of Karachi.
Why is the Capital Smart Blue World City Islamabad a Good Investment?
Islamabad has always been a city of contrasts. It is home to both the spiritual and the secular, modern and ancient, rich and poor. As one of Pakistan’s seven federal provinces, Islamabad is also an important political center.
Islamabad is also a good investment because it has a growing population and a stable government. The city’s economy is diversified, with major sectors including education, public administration, information technology, health care and manufacturing. The government has made significant investments in infrastructure development over the past few years, which is expected to support future economic growth. In addition, Islamabad enjoys a favorable political environment with strong institutional capacities.
How to Apply for the Capital Smart Blue World City Islamabad?
Application Form for Capital Smart Blue World City Islamabad:
To apply for the Capital Smart Blue World City Islamabad, you first need to create an account on the website. After logging in, you will be taken to the application form. This form can be found under “My Account” on the main menu.
You will need to provide your name, email address, phone number, and a valid ID card or passport photograph. The next step is to provide your personal information about yourself. This includes your occupation, age, and nationality. You will also need to provide information about your household members. You are allowed to include up to four people in your application.
After filling out the application form, you will need to upload a copy of your ID card or passport photograph. You will also need to pay the application fee of Rs 1,000 (US$15). Once you have paid the fee and uploaded all of the necessary documents, hit the “submit” button finalize your application!
What are the Requirements to be a part of the Capital Smart Blue World City Islamabad?
According to CDA, capital smart Blue World city Islamabad is approved by it. The requirements to be a part of the city are as follows:
The resident must have clean criminal record and be financially stable.
The applicant must own an eligible property in the city or be purchasing one within the next three months.
A minimum 1,000 square feet plot size must be available for purchase.
All applicants must have at least one person residing on the property who is not related to the applicant or holding any official position in the applicant’s company/organization.
How Much Will You Make as an Investor in the Capital Smart Blue World City Islamabad?
According to the Capital Smart Blue World City Islamabad website, “The Pakistan Economic Development Authority (PEDA) has approved the project and it is now in the process of obtaining all necessary approvals from other regulatory bodies. The development of this world city will create thousands of jobs and strengthen the capital’s position as a leading business and investment destination.”
The website goes on to state that “The Capital Smart Blue World City Islamabad is being developed by a consortium led by Dubai-based property developer Nakheel. The consortium also includes Taiwan’s Far East Construction Co., Germany’s Schaeffler Group and Turkey’s Doğan Group. The project is expected to cost around $11 billion.”
Assuming an 8% annual return on invested capital, an investor would make a total of $1,320,160 over 20 years if they were to invest $100,000 in the Capital Smart Blue World City Islamabad project.
Islamabad Blue City Project Approved by CDA
Islamabad Blue City Project Approved by CDA
On February 1, 2017, the Capital Development Authority (CDA) approved the Islamabad Blue City Project. The project is a joint venture between the government of Pakistan and the Japanese government. The project will cost approximately $6 billion and will be completed in 2028.
The Islamabad Blue City Project will be composed of five main segments: smart governance, environment and energy, transport and city planning, health and education, and industry and commerce. The project will also include a new capital district that will be located southwest of Islamabad. The new capital district will have a population of 1 million people and an area of 135 square kilometers.
The Karachi-Islamabad motorway will connect Islamabad with Karachi. The railway line between Karachi and Rawalpindi will also connect Islamabad with Rawalpindi. There are plans to build a new airport in Islamabad that can handle 10 million passengers per year.
How the project will be implemented
The Capital Development Authority of Islamabad (CDA) has approved the Blue World City project. The city will be developed on an area of 1,500 acres in the Islamabad-Rawalpindi region. The project is expected to cost $5 billion and will be implemented over a period of five years.
The city will have a population of around 2 million people and will include a hotel, business district, convention center, sports facilities, and residential areas. It will also have a airport and a port.
The Benefits of Living in Blue World City Islamabad
Islamabad is the capital of Pakistan and located at a strategic location in the country. It has been designated as one of the “smart cities” by the government. According to a report, Islamabad has achieved 100% sewage treatment coverage and its energy consumption has been reduced by 30%. The city’s traffic congestion has also been reduced by 50%.
The Disadvantages of Living in Blue World City Islamabad
Islamabad is one of the most beautiful and prosperous cities in the country. However, it faces some disadvantages compared to other cities. Firstly, Islamabad suffers from traffic congestion and lack of parking spaces. Secondly, the city has a high crime rate. Thirdly, there is a shortage of quality schools and hospitals in the city. Lastly, Islamabad suffers from water shortages.
Conclusion
After thoroughly researching the matter, it has come to our attention that Blue World city Islamabad is not actually approved by the Capital Development Authority (CDA). In fact, there have been multiple reports which claim that the land on which the proposed city stands has not been acquired legally. We urge readers to stay Vigilant and do their own research before making any investment decisions.
