Margalla Avenue which is stalled due to dispute between CDA and contractor will be game changer for Islamabad real estate after it is completed. As this avenue will give direct access into heart of Islamabad for traffic coming from KPK the plot prices will sky rocket in Sectors C-16, C-15, C-14, D-14, D-13, D-12, E-12, and in E-11. B-17 which is situated directly opposite the point where Margalla avenue is starting on G.T road will also get a price jump. I have notices some very prudent and experienced investors silently buying plots in sectors lined on Margalla Avenue in a hope to hit jackpot one day.
The investors believe that as soon as Margalla Avenue is opened, prices of plots will increase by 40 per cent.
Margalla Avenue aka Khayaban-e-Margalla would run along the foothills of Margalla Hills and will connect Sector B-17 (the G.T. Road a little on the south of the Nicholson Monument) to Sector E-11 (11th Avenue and Khayaban-e-Iqbal). This road would also allow an easy approach to the New Islamabad International Airport.
It will be a 16-kilometre, four-lane road which is 48 feet wide each side with a 20-foot median (green belt) running in between. Once completed, it will facilitate the travellers heading towards Islamabad from the Northern parts of the country to reach the heart of the city within 10 minutes. It will also facilitate those who have to commute daily from areas like Taxila, Wah Cantt, Hassan Abdal, Haripur to various parts of the federal capital.
We have news this project may be extended from GT Road to Murree Expressway in a bid to allow Murree-bound vehicles coming from the motorway and GT Road to bypass Islamabad. The first portion includes the construction of a road from GT Road to Sector D-12, the second starts from D-12 and culminates at Constitution Avenue after passing through the E and F series of sectors, while the third portion involves the construction of a road from Constitution Avenue to Murree Expressway.
As per “DAWN” Nespaper latest news 22 January 2020