Chief Minister Consistent On Development Of Lahore’s Infrastructure Article

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Chief Minister consistent on development of Lahore’s Infrastructure

Due to the approval of various development projects by C.M from time to time in Lahore, real estate sector has seen a sudden surge and all property prices have increased. In the following article, different real estate projects being completed and in progress are discussed in detail.

Author: Wlliam King

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The chief Minister of Punjab, Shahbaz Sharif, has always been consistent on the development of the infrastructure of the capital city of Punjab, Lahore. This consistency of CM has been a positive step in the development of Punjab. Various projects have been completed and many others are in progress. This consistency has started boosting the values of Lahore Real Estate.

One of the big projects which are almost completed is the Ring Road project. This project was started at a huge level and has helped citizens in many ways. Countless societies and Pakistan properties have seen surge in their real estate values due to its construction. The Ring Road is being constructed around the Lahore, which will help commuters to travel easily from one place to another. Another recently completed project is the construction of Kalma Chowk flyover. With the construction of Kalma Chowk, the real estate values of adjacent properties have experienced an instant surge.

Now CM has given 15 September as the deadline of the Multan Road project. This project will offer better travelling facilities for the citizens. In past, the property values of that area were at the lowest level due to poor travelling system but now with the completion of this project, the Pakistan real estate values have started soaring high and the property trading has become a hot trend in its nearby areas. According to one of the Pakistan estate agents, their business was totally halted before the introduction of Pakistan real estate project. No one was buying a property in an area, which had heavy traffic on the broken and bumpy road. Now with various projects going on in many places, real estate market has seen activity again. He also added that he is quite happy with the construction work as the citizens have gotten a chance to live in a better place.

CM has also granted approval of further projects such as flyover at the canal on Ferozepur Road and underpass at Qainchi Chungi Amar Sidho. CM has also directed city government to provide full resources to complete projects in expeditiously and transparent manner. Experts are of the view that underpass at Qainchi will greatly effect the properties and societies located near Kahna and Kasur side.

Ring Road’s Ghazi Interchange has also been recently inaugurated by CM. CM stated that Pakistan is going through a critical phase and different development projects should be started in order to make the citizens of Pakistan feel more comfortable and let tehm enjoy high living standards. CM with the help of Punjab Chief Secretary Nasir Mehmood Khosa has also approved the proposal for auction of land for trade and finance centre. CM has also urged LDA and other authorities to prepare a comprehensive plan, which is expected to make a major business hub of the city.

This plan will also help Lahore properties to boost up, as Expo centre will attract attentions of foreign investors also. Sources also reported that government is currently planning to build area around the Expo centre such as Motorway, Ring Road, Raiwind Road and Kanal Bank Road. This effort is mainly done to follow the international standards of trade centres. All these efforts by CM are ultimately helping real estate sector of Pakistan to get in a better condition.

About Author

William King is the director of Lahore Real Estate: http://www.zameen.com/Homes/Lahore-1-1.html, Pakistan Property Portal: www.zameen.com and Properties in Lahore: /www.zameen.com/Homes/Lahore-1-1.html. He has 18 years of experience in the marketing and trading industries and has been helping retailers, entrepreneurs and startups with their product sourcing, promotion, marketing and supply chain requirements.

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Chief Minister consistent on development of Lahore’s Infrastructure