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Punjab Government Allocates 4.5 Billion funds for the Development of Ring Road Rawalpindi

Punjab Government Allocates Funds for the development of Ring Road Rawalpindi

This is indeed good news for all the housing societies and their customers located along or near Rawalpindi Road. Punjab Government has allocated the funds for the development of Ring Road Rawalpindi in the annual budget. Previously, CDA put a halt to this project due to the orders from Punjab and Federal Government because of insufficient funds. But now, the funds are allocated and we are likely to hear the good news about the start of work on this highly-anticipated project in Rawalpindi. Punjab Government has allocated PKR 4.5 Billion for the construction Rawalpindi Ring Road

Read CDA Puts Halt on Rawalpindi Ring Road Project.

Rawalpindi Ring Road has gained a lot of attention from the residents of Rawalpindi and Islamabad as it aims to smoothen the flow of traffic in the twin cities and benefit different areas of the twin Cities. Housing Societies of Rawalpindi and Islamabad benefitted most from this mega project. There are plenty of reasons behind the popularity of Ring Road, many housing projects will get their interchanges. Moreover, it will act as an alternative route to reach different housing projects, hence improving accessibility.

Furthermore, many investors put their hard-earned cash into the housing projects that are benefitting from the Rawalpindi Ring Road project. Investments became a matter of concern after CDA put a halt on this project. However, investors can take a sigh of relief as the Punjab Government announces funds for the development of Ring Road Rawalpindi.

Not only Punjab Government but Federal Government will also contribute to the Development of the Rawalpindi Ring Road. Housing Societies like Rudn Enclave, Bahria Town Phase 8 Extension, Silver City, Capital Smart City, and other societies on Chakri Road Rawalpindi will benefit greatly from the Rawalpindi Ring Road.

Read Also: Best Housing Schemes for Investment near Rawalpindi Ring Road.

Keep in touch with Manahil Estate for the latest updates on Rawalpindi Ring Road and the societies around it. Moreover, contact us for authentic information and an investment guide to investments in housing projects around Ring Road Rawalpindi!

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