A City within a city known as Blue World City is developing with state-of-the-art architecture and the latest facilities and amenities. The popularity of this trade center is increasing with every passing day due to various reasons, particularly the main reason which is increasing tourism in the country. The management of this Blue World City wants to build a city that will be known as the first purpose-built tourist city. A lot of things in society play a role in the overall increase of society's value. However, in this article, we will tell you what factors contribute to this residential project's demand. So, let's start reading this article:
Blue World City Overview
Blue World City is a residential development project in Islamabad, Pakistan. The location of the project is Chakri Road, Rawalpindi. Blue Group of Companies (BGCs) is developing this society in collaboration with the Imperium Group of Companies (IGCs). In addition, the developers have also signed a contract with a Chinese company for the development of this architectural marvel. It is marketed as a "smart city" and is expected to have its own power generation and water treatment facilities. It is also planned to have a hospital and a university in the future.
Owners & Developers
One of the main factors that play a role in the increase in the demand for Blue World City is the owners and developers of this project. As we have mentioned, the Blue Group of Companies (BGCs) is developing this society in collaboration with the Imperium Group of Companies (IGCs). Both these companies are well-known and have a great reputation in the real estate sector.
Let's get to know about these companies in detail:
Blue Group of Companies
Blue Group of Companies is a Pakistani real estate development firm based in Rawalpindi, Pakistan. They have been in the business of real estate development for a number of years. Blue World City is one of their major projects. They have also developed other residential and commercial projects in the Rawalpindi and Islamabad areas. Blue Group of Companies is known for its innovative projects, good construction quality, and timely delivery of projects. They are also known for their good customer service and after-sales support.
Imperium Group of Companies
It is also a real estate firm and has contributed to the development of various commercial and residential projects. BWC is another great project that is under the supervision of this company. So, as both companies are highly professional and have a good reputation in the market, we can say that blue world city owners & developers will definitely increase the project's overall value.
Blue World City Location
Blue World City Location is on the Main Chakri Road, and it is in demand due to various reasons such as:
- Accessibility
Chakri Road connects BWC to major cities such as Rawalpindi and Islamabad. It also has easy access to the motorway and their major roads, making it convenient for residents to travel to other parts of the country.
- Economic Potential
The location of Blue World City is in proximity to the new airport and the new industrial zone, which is expected to attract investment and economic growth in the area.
- Proximity to Amenities
Blue World City is close to several important amenities, such as schools, hospitals, and shopping centers. This makes it a convenient location for families and individuals looking for a community with easy access to basic necessities.
- Scenic Beauty and Features
The project is positioned in the midst of lush green mountains, providing a picturesque view to the residents. Blue World City features make it a smart city, with its own power generation and water treatment facilities, and it is also planned to have a hospital and a university in the future.
Legal Status
A No Objection Certificate (NOC) is a document issued by a department or government agency stating that there are no objections to a proposed activity or project. In the context of Blue World City NOC, it would be issued by the relevant government agency, which is Rawalpindi Development Authority (RDA), certifying that the development project has met all the essential requirements and has been accepted for development.
A project like Blue World City needs to have a valid NOC, as it is a legal requirement for the development of any housing project. Without a NOC, the project cannot move forward and will not be able to be marketed or sold to potential buyers. The developers must submit a detailed layout plan and construction design of the project to the concerned authorities and get them approved. So, we can say that Blue World City has a valid and approved NOC.
Blue World City Payment Plan
The payment plan for BWC, like any other real estate construction project, may vary depending on the specific conditions and terms of the developer, the type of property, or the stage of development. Blue World City Payment Plan includes the following essential components:
- Down Payment
A booking amount which is the percentage of the property's total price, is mandatory as a down payment. The investor has to pay this amount at the time of booking. The booking amount varies from block to block.
- Installment Plan
The remaining property price can be paid in easy monthly, quarterly, or half-yearly installments. The installment plan is designed for investors who cannot pay the total cost of the property in a lump sum.
- Possession Charges
The property is handed over to the investor once the full payment has been made and all necessary documents have been signed.
So, it was all about the Blue World City Payment Plan. The prices of the plots are also reasonable. It means you can book the plot here even with a low income. We suggest you read about Rudn Enclave, another best development project in the twin cities.
Take Away
In the article, we discussed the factors contributing to the demand for this residential project. Blue World City Islamabad is a great housing society that has a lot to offer to everyone in the city. The development of this project will not only help the resident's living standards but also help to boost the country's economic condition. So, it is worth investing in this project. For real estate services, always rely on professional dealers.
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