Islamabad is the 2nd most beautiful capital in the world. This city is certainly known for lush greenery, cleanliness & absolute management. Islamabad planned in 1960 to replace Karachi as the Capital of Pakistan. According to 2017 Census Report, Islamabad has more than 1 Million population while Rawalpindi-Islamabad Metropolitan has more than 4 Million population. Moreover, cities population is dominated by upper middle class & high class.
From living standard to infrastructure developments, Islamabad has a classy standard to follow. It is especially ranked “Very High” on Human Development Index with the value of 0.875.
Meanwhile, Islamabad is also known as “City of Authority”. Especially, because it has a prime seat in countries overall political scenario.
New Islamabad International Airport
New Islamabad International Airport was inaugurated on April 20th, 2018. Meanwhile, this airport is believed to be Pakistan’s first ever green field airport. Above all, with ever-growing population, fostering economic activities & CPEC, such large & well-managed airport was imperative. It was a necessity of the time to develop such an airport that is bit far away from cities hustle-bustle.
New Islamabad International Airport designed in “Y” shape. In addition, this well-developed airport sprawled over an area of 19 square kilometers. According to one estimate, it is catering the aviation needs of more than 9 billion individuals per annum. Countries largest airport has a capacity to accommodate two A-380 simultaneously. The overall cost of project is estimated to be Rs. 85 Billion.
It is present almost 20 Kilometers away from Zero-point interchange Islamabad. Furthermore, located in periphery of the capital, it is only 20 minutes drive from Islamabad-Peshawar Motorway.
In short, New Islamabad International Airport is built according to present day needs. The salient features of New Islamabad International Airport mainly includes
- 2 3.5 Kilometers long runways
- 15 Aero-bridges
- 15 Remote Bays
- 90 check-in counters
- Parking space for more than 2000 vehicles
- 15-gate terminals
- 10 remote gates
- 42 immigration counters
In addition, it has a 4-star hotel to facilitate the foreign passengers. It also features convention centers, tax-free shops, food court & other facilities that any international standard airport should have.
IMPACT ON REAL ESTATE
Launch of New Islamabad International Airport has subsequently changed the facade of developing housing schemes in Zone-II of Islamabad & adjoining areas of Rawalpindi as well. Following are major residential schemes especially situated proximity of New Islamabad International Airport includes:
- Airport Enclave
- Al Faisal Enclave
- Al-Haram City
- Al-Mairaj Garden
- Army Welfare Trust Housing Scheme
- Blue World City
- Cabinet Division Employees Cooperative Housing Society
- Capital Smart City
- CBR Town
- City Garden
- Eighteen Islamabad
- Engineers Cooperative Housing Society
- Faisal Residencia
- Faisal Town
- Fatima Town
- Gandhara City
- Graceland Housing Society
- Green City
- Gulshan-e-Sehat E-18
- Islamabad Cooperative Housing Scheme
- Ministry Of Commerce Employees Housing Society Islamabad
- Ministry of Interior Cooperative Housing Society
Furthermore, several other societies are also situated close to the airport including:
- Motorway City & Motorway City Executive Block
- Mumtaz City
- PAF Tarnol
- PIA Enclave
- Qartaba Housing Society
- Shalimar Town
- State Life Insurance Employees Cooperative Housing Society
- Top City
- University Town
- WAPDA Town
Coupled with better facilities, convenient access, better security conditions & enhanced commercial activities this area has high demands. In short, the value of neighboring residential ventures increased due to this new international airport.
You May also Like this
Mall of Islamabad Latest Updates: Mall of Islamabad latest updates () latest...
RDA Approved Projects: People are usually confused about the by RDA 2021....
Top 3 Commercial projects in Twin Cities: There are many top-rated residential...
KBD Tower Islamabad or Kohistan Builders and Developers Tower is constructed by...
Keeping in view of Pakistan's Economic situation showed positive signs after mid...
Bahria Town Peshawar is a splendid addition in Bahria Town project Portfolio....
Real Estate Investment undoubtedly attracts people. Individuals expects to double their hard-earned...
Rawalpindi and Islamabad is more inclined towards vertical expansion rather than horizontal....
It is never easy to move from one rental property to another...
Smart City With almost 50% of Pakistan’s population residing in urban areas...
Real Estate Investment is an interesting way to maximize your profits. Experts...
Property Tax Guide Pakistan is listed in high population countries with almost...