Overseas Pakistanis Archives - City Business Icons
Central Business District project to bring in Rs 100 billion investment

Central Business District project to bring in Rs 100 billion investment

ISLAMABAD: Prime Minister Imran Khan has said that Rs 100 Billion Investment is likely to come in the country from the Central Business District project while development projects have been started for the convenience of citizens and economic development. The government is making passive assets investable.

PM Statement about Rs 100 Billion Investment

An important meeting was held under the chairmanship of Prime Minister Imran Khan in which the Prime Minister was informed in the briefing that an investment of Rs 100 billion is expected in the first phase of Central Business District.

The Prime Minister has said that the government is making passive assets investable. He said that Central Business District and Ravi Urban Development projects are important for the future of Lahore and the country. Use environmentally friendly materials in projects.

Prime Minister Imran Khan directed that legal action be taken against illegal encroachments and illegal housing societies.

Pakistan's first plastic road inaugurated

Pakistan’s first plastic road inaugurated

ISLAMABAD: Pakistan’s first plastic road an ecofriendly road was inaugurated in Islamabad.

Pakistan’s first plastic road inaugurated in CDA

The road is made of recycled plastic and is a joint venture between the Capital Development Authority (CDA) and the National Incubation Center.

The road was inaugurated yesterday (Monday) by Interior Minister Sheikh Rashid Ahmed.

The total length of this road is one kilometer and it is one of the many steps taken to make Islamabad an eco-friendly city.

FBR decides to review property valuation rates

FBR decides to review property valuation rates

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to review the property valuation rates.

Statement from FBR Spokesman

An FBR spokesman said the new immovable property rates would be worked out in consultation with various market stakeholders.

It may be recalled that recently FBR had fixed new valuation rates of properties in 40 major cities of Pakistan.

Following the FBR’s announcement, the Association of Realtors announced a nationwide wheel jam strike from Friday this week. He said that with the said action of FBR

Pakistan's first property verification center

Inauguration of Pakistan’s first property verification center in Islamabad

ISLAMABAD: The Capital Administration has set up a property verification center in the federal capital Islamabad to curb illegal real estate transactions.

People can check the legitimacy of this property verification center before investing in real estate projects.

It is pertinent to mention here that in the real estate sector on a daily basis Rs. 4 to 5 billion is caught in the whirlpool of uncertified and illegal real estate projects.

Addressing a media conference after the inauguration of PVC, DC Islamabad Hamza Shafqat said that there are many schemes which claim that they are located in Islamabad but they are not there. He said that fraud is also committed by many approved societies.

He said that the first property verification center has been set up in Pakistan and any person who wants to buy a plot in any housing society can check his information from here.

WHY NEW CITY PHASE 2 IS BECOMING POPULAR IN RAWALPINDI AND ISLAMABAD

Why New City Phase 2 is Becoming Popular in Rawalpindi and Islamabad

Islamabad and Rawalpindi have been in constant development over the last few decades. Every few months we hear of new colonies, housing schemes and apartment complexes sprouting around us.

The twin cities have managed to spread out and expand to areas that were once barren. However, even the fast growing real estate industry couldn’t take control of the never-ending population increase in the twin cities.

People from all over the country have started moving here in search of better education, medical facilities and job or business opportunities.

It’s realistic to say that the once quiet twin cities have now become noisy and over populated and that brings a lot of inconvenience for residents who prefer a quiet, peaceful living in a rather less polluted and populated area.

Hence, people are now moving towards the outskirts, in search of openness and cleaner air, Wah being on the top of the list.

Why is Wah on the top of the list?

Wah has always been a famous and important town in Pakistan due to historical reasons.

Your mind might automatically go towards Wah being a neighbor to the famous historic land of Taxila, but it is not just that. Wah has also been among the favorite cities of the Mughal Emperors.

The famous Wah Gardens and the Wah Cantt. have been quite famous tourist locations of Pakistan. Wah has also the privilege to be the nearest town to the nation-famous engineering schools, UET-Taxila and HITEC University, Taxila. 

Needless to say, Wah has always been a known place for not just the people living in the nearby areas but for most of Pakistan. People wouldn’t hesitate moving there, provided the availability of modern amenities. Which is where AR Associates’ recent projects enter in the picture!  

New City Phase 2, Wah – A New Settlement for new locals

Now that we have established that living in the city can be exhausting, with the never ending rush hours, pollution and other severe issues of a busy city. People often try to find escapes from such busy cities, often looking at places with wider streets and more open spaces.

It is also a known fact that the population grows near opportunities and facilities, which is why investors’ new target was to invest in the historically rich lands of Wah.

Now the question is, why is New City Phase 2 getting famous among interested buyers from Rawalpindi and Islamabad? Well, that’s simple! 

AR Associates has always been very serious about providing the best facilities and modern amenities in a comfortable environment.

Keeping the best interests of clients and potential residents as a top priority, and valuing the market carefully after the successful launch of New City Phase 1, they’ve designed and developed Phase 2.

Ever since its launch, New City Phase 2 has been a talk of the town in the real estate industry. The settlement holds a prime location, with easy access to the famous GT Road, The Motorways and the New Islamabad Airport.

New City Phase 2: Eye Catching Highlights

New City Phase 2 provides facilities that many housing schemes of the same age haven’t able to secure.

Not only basic necessities like electricity and gas connections are provided to all the residents with great care and standard, New City Phase 2 is also located within a short distance of the prestigious COMSATS University, Wah Campus.

The area is gemmed with luxurious outing spots, like Manalo Gelato, China Town Restaurant, Burger King, modern roadside Zoos and beautifully planned family parks having peaceful ambiance. 

New City Phase 2: New City Homes

Located in New City Phase 2, adjacent to Main Boulevard, AR Associate has also laid out the plan for New City Homes.

These homes are designed for comfort and peace, keeping the best interest of the customer in mind. The construction for these homes meet the latest standards, guarantee a worry-free and ideal home for life.

Business Ventures in New City Phase 2

A call for entrepreneurs! As a recently developed community, New City Wah Phase 2 is an ideal location for startups to launch.

The area has a lot of opportunities to set up business. The already constructed City Business Icons -1 is a complete commercial complex ready for sale and rent.

The competition to enter in any industry is relatively lower than Islamabad and Rawalpindi and startups can flourish in a cost effective way with the impeccable opportunities in a newer settlement. 

Nightlife in New City Phase 2

Unlike newly developed housing societies, New City Phase 2 has 110 feet wide roads and 60 feet wide streets.

Every corner of the area lights up with high power streetlights that enhance the beauty of the area at night time.

The family parks are built with tiny huts for sitting that look surreal when lighted up. It is safe to say that the nightlife of New City Phase 2 maps reminds visitors of movies.

Final Comments

What else is there to say! The glamorous environment, ideal location for startups, easy access to major landmark of the twin cities and quality lifestyle provided to the residents of New City Phase 2 has become the talk of the town.

Investors, serious buyers, home builders, students and new businessmen are hurdling to City Business Icon 1, City Business Icon 2 and City Business Icon 3 every day! Don’t miss your chance!

ARE YOU INTERESTED

IT'S TIME TO DISCOVER

The vision of City Business Icon is to accomplish the highest tenable worth of the Real Estate market while get going our company as the leading and preferred real state in Pakistan and nearby area to proceed in the best interest of our clients’ around the clock.

OFFICE LOCATION

ADDRESS:

Office# 14 & 15,Ground Floor City Business Icons I, Near G.T Road, A Block New City Phase 02 Wah Cantt

Phone:

+92 337 7777 257

E-mail:

 

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