Construction of the Rawalpindi Ring Road (R3) started on September 22, 2023. Here we discuss the Rawalpindi Ring Road development Update 2023. It’s a 38.3 km circular highway linking Rawalpindi and Islamabad. They plan to finish the project by 2024, completing it in one year. The road begins at the Channi Sher Alam bridge near Rawat and finishes at the Thalian interchange, near the M2 Motorway.
The Rawalpindi Ring Road project is a government undertaking, overseen by RDA and CDA. It is a 6-lane controlled-access route with a speed limit of 120 km per hour. Furthermore, it covers a master plan of 38.3 km, with 12 km of the securing land. The road will include commercial areas, flyovers, overhead bridges, and interchanges, enhancing transportation, cutting down travel times, and fostering economic growth.
Interchanges of Rawalpindi Ring Road
Interchanges along the highway include Baanth
- Chak Beli Khan
- Adiala Road
- Chakri Road
- Thalian.
Budget of Rawalpindi Ring Road
The Rawalpindi Ring Road project is anticipated to cost approximately Rs 31.7 billion. FWO, or the Frontier Works Organization, is responsible for overseeing the construction. This budget encompasses various aspects of the development, including infrastructure and associated expenses. Additionally, the involvement of FWO, a well-known engineering and construction organization, underscores the commitment to ensuring the project’s successful and efficient execution. The allocated budget reflects the scale and significance of the Rawalpindi Ring Road initiative.
Impact of R3
The Rawalpindi Ring Road is expected to make the real estate market better. This means more people will want to buy homes, and the prices of properties will go up. Best housing societies like Bahria Town Rawalpindi, Blue World City, DHA Rawalpindi, Capital Smart City, Gulberg Green, and Rudn Enclave from which the ring road is surpassing. The Ring Road will connect these areas better, making them more appealing to people who want to buy homes or invest in property. This is good news for the real estate market as a whole because it will grow and become more successful.
Advantages of Ring Road
The Rawalpindi Ring Road brings several advantages such as:
- Better connections
- Less traffic
- Higher demand for real estate
- A focus on being eco-friendly
- Green spaces
- Walkways and bike paths
The goal of the project is to boost economic growth and improve the overall quality of life in the twin cities.
Rawalpindi Division Commissioner, Liaquat Ali Chattha, hilight the substantial regional influence of the Rawalpindi Ring Road project, emphasizing its transformative impact on the residents of Rawalpindi and nearby areas. He said the swift progress of construction and the completion of land handover to the contractor. Caretaker Punjab Chief Minister Mohsin Naqvi has actively overseen the project, conducting three visits in the past 25 days to assess progress and inspect groundwork.
Conclusion Rawalpindi Ring Road development Update 2023
In a nutshell, the Rawalpindi Ring Road’s completion is anticipated to offer considerable convenience to Rawalpindi and Islamabad residents. NESPAK has furnished the essential project plans, and heavy machinery is actively constructing the six-lane road. Construction work has commenced on subways, drainage channels, and various sections of the road.
The commissioner has outlined plans for an industrial zone around the Rawalpindi Ring Road, featuring five interchanges at Banth, Chak Beli Khan, Adiala Road, Chakri Road, and Thalian. Moreover, the project includes a railway bridge, five overpasses, and 21 subways, contributing to the comprehensive development of the area
Now that you understand the significance of the Ring Road and its associated benefits, investing in a housing society becomes a seamless choice. Reach out to Nexus Ideas for information on the best real estate projects that promise long-term benefits. They can guide you towards profitable opportunities in the real estate market. Rudn Enclave only Zero Km from the Ring Road.
Reviewed By Mr.Rizwan Sajjad
