Islamabad is full of investment opportunities… specifically real estate. The federal capital is all set to welcome an influx of residential societies and commercial projects. One of the most-soughed / new commercial project in Islamabad is the New Blue Area.
Being a sub-part/extension of Blue Area Islamabad, this project is located 19 minutes away from its older counterpart. For this development, the area of 170 canal is dedicated to commercial developments.
One cannot ignore the fact that the Blue Area Islamabad also hosts some of the most exuberant commercial properties of Islamabad like Telecom Tower; Islamabad Stock Exchange; The Centaurus mall; Saudi- Park Tower; Oil & Gas Development Company; Kul sum International Hospital; United Bank Limited; HBL Pakistan; and a couple more.
However, there is more to look forward to… like the New Blue Commercial City, which is going to be the next best commercial center of Islamabad.
Let’s talk about this, which is soon to be one of the most commercial projects in Islamabad!
New Blue Area Commercial City
Due to the increasing urban population and respective demand for commercialization, in July 2020, the CDA decided to auction all the commercial plots in the New Blue Area.
The core principle for developing the New Blue Area in Islamabad is to finance the government’s Naya Pakistan Housing Program (NPHP) and the construction of low-cost housing schemes. Other reasons include creating job opportunities, increasing economic activities, and bringing investments to the city.
“Launching the Islamabad Blue Area multi-billion rupees’ commercial project today. This will not only provide jobs but will also attract investment from overseas Pakistanis. One mega project to be launched in Lahore and one in Karachi soon.”
Imran Khan (Ex. prime minister of Pakistan)
Thanks to CDA for aiming to take this newly-created legacy to other cities in Pakistan.
Where's New Blue Area Islamabad is Located
The location of this soon-to-be modern business hub of Islamabad’s Blue Area is located right opposite the city’s F-9 Park. The best part of this newly-expanded project is its accessibility to major landmarks, like F-8, G-7, and G-8 Sectors, the Senate of Pakistan, the Supreme Court, the National Assembly, the Prime Minister House, and many other government buildings via Jinnah Avenue.
Inaugurated by Mr. Imran Khan, this neighborhood initially had 26 commercial plots of varying sizing.
Other than all the well-known buildings of Blue Area, including Centaurus Mall, OGDCL, Ufone Tower, Islamabad Stock Exchange, Saudi Pak Tower, and UBL Tower. You can access the Senate of Pakistan, the National Assembly, the Supreme Court, the Prime Minister’s House, and many other government buildings via Jinnah Avenue.
Blue Area or New Blue Area
The New Blue area is a completely new infrastructure with better yet high-yielding commercial investment opportunities. All the commercial projects there will be the epitome of technological amenities with advanced facilities.
This new vicinity will be more structured as compared to its older version. Just like the Blue Area, the master plan for the newer development has been proposed by the city’s (the city’s residential sectors and central business district). CBD
Being the symbol of all five districts: Commercial Zone, Digital District, Residential District, Entertainment, and Government Zone, the developments will generate employment in various sectors throughout the Blue Area.
Investment opportunities in the New Blue Area are tremendous. They will bring enormous growth and change to Islamabad’s social, economic, and environmental sectors.
Almost 16 of the proposed 170 canals are allotted by the CDA for auction. Some of the highly developed future real estate properties of Islamabad, including our latest commercial project, Citadel 7, will be located here.
Why is Citadel 7 located in New Blue Area
Due to the connotation of the Blue Area Islamabad, the public has keen-sighted the New Blue Area in the same modus. This lures the real estate developers and investors, including us, Chakor Ventures, to acquire a piece of land for our new corporate tower project.
Now, it is no more a surprise why we have selected the most porch, ultra-modern, and environment-friendly location for Citadel 7, which will offer corporate offices, retail shops, and a food court.
This 20-storey high-rise will provide you with all the best amenities like 24/7 surveillance, separate elevators for malls & corporate offices, dedicated entrances & exits, a CDA-approved parking lot, a fully integrated Business management system, backup power, and maintenance system, and whatnot.
For further updates, keep reading our blogs; we are committed to heights, high-tech, and art-of-state infrastructures – to redefine the landscape of Pakistan.
