The impressive housing project of Blue World City presents another superb addition to the housing scheme, The Overseas Block. The block is specifically announced for overseas Pakistanis, who migrate abroad for a better lifestyle. The Overseas Block presents the opportunity to the investors of securing a home where they will experience a lifestyle that will be equivalent to the living standards they experience outside of the nation. The supreme block is located on Sunset Avenue of Blue World City, enjoying a direct connection with Bahria Town Phase VII. The block is being developed cooperatively by the Chinese development company, Shan Jian Municipal Engineering Company, and the Blue Group of Companies. The Overseas Block is equipped with top-notch facilities to guarantee a comfortable lifestyle for the residents. The No Objection Certificate of the Overseas Block has not yet been approved by the respective municipal authority since Blue World City has expanded in total land area, which requires the issuance of the NOC. The management of Blue World City is taking the necessary steps to acquire the NOC. The Overseas Block offers residential and commercial plots for purchase with an easy 4-year installment plan. Invest in the Overseas Block of Blue World City, and get ready to experience an elegant lifestyle.
Brief Description of Blue World City
Blue World City is a collaborative housing project that aims to offer a luxurious lifestyle to the people of Pakistan. It is a joint venture between Shan Jian Municipal Engineering Company, a renowned Chinese development and engineering company, and the Blue Group of Companies, a leading Pakistani real estate developer founded in 1989 by Mr. Saad Nazir. Located on Chakri Road, Blue World City boasts a prime location with multiple access points. The project was initially approved for a No Objection Certificate (NOC) by the Rawalpindi Development Authority (RDA), but due to its expansion, the management had to reapply for the issuance of the NOC. Although the NOC is yet to be approved, it is expected that Blue World City will receive it shortly. The collaboration between Shan Jian Municipal Engineering Company and the Blue Group of Companies is strengthened by a memorandum of understanding, which solidifies the ties of friendship between the two development companies. The project offers residential and commercial plots at affordable rates, making them accessible to a wide range of people. The Blue Group of Companies has earned a prominent name in the real estate market of Pakistan by tirelessly striving for excellence. Its efforts have earned it a place among the top 5 real estate development companies in the country. By developing Blue World City, the company aims to provide a high-quality lifestyle to the people of Pakistan and contribute to the nation’s economy. The Blue Group of Companies owns the following companies:
- Blue Bricks
- Blue Properties
- Blue Palms
- Blue Technologies
- Blue Mart
- Brands Square
- Artimmix
The following are the previous successful projects by the Blue Group of Companies:
- Center Park Lahore
- Blue Town Sapphire
- PIA Co-operative Society
- Blue Mart
- Blue Technologies
Blue World City Overseas Block Pament Plan
Location of Overseas Block
The importance of location cannot be overstated when it comes to a housing project. A strategic location can significantly increase investor demand. Ideally, a housing project should be located near the city’s boundaries and have multiple access points to ensure accessibility from various routes. The Overseas Block is located on the Sunset Avenue of Blue World City, granting it accessibility to major landmarks of the twin cities. The Overseas Block is in direct connection with Phase VII of Bahria Town.
Accessibility of the Overseas Block
The prime location of the Overseas Block grants it accessibility in the following ways:
- Approximately 4 minutes drive away from Sihal. Rawalpindi
- Approximately 5 minutes drive away from Rawalpindi Ring Road
- Approximately 5 minutes drive away from the Islamabad-Lahore Motorway (M2)
- Approximately 10 minutes drive from the CPEC Route, Rawalpindi
- Approximately 12 minutes drive from Chakri, Rawalpindi
- Approximately 18 minutes drive away from Qurtaba City, Rawalpindi
- Approximately 20 minutes drive from the Islamabad International Airport
- Approximately 30 minutes drive away from Rawalpindi
- Approximately 33 minutes drive from Islamabad
- Approximately 34 minutes drive away from Khanial Homes
- Approximately 45 minutes drive away from the N-5 National Highway, Grand Trunk Road, Rawalpindi
- Approximately 55 minutes drive away from the Defence Housing Authority, Islamabad
- Approximately an hour’s drive away from Bahria Town, Islamabad, Pakistan
- Approximately an hour’s drive away from Rawat, Islamabad
- Approximately an hour’s drive away from N-80, Fateh Jang, Punjab
- Approximately an hour’s drive away from Saddar, Rawalpindi.
Landmarks Proximate to the Overseas Block
The ideal location of Overseas Block provides accessibility to the following areas, which are located close to the twin cities:
- Chakri Interchange
- Rawalpindi Ring Road
- CPEC Route
- Islamabad City
- Rawalpindi City
- Rawalpindi Race Club
- Defence Housing Authority, Islamabad
- Chakri, Rawalpindi
- New Islamabad International Airport
- Thalian Interchange
- Sihal, Rawalpindi
- Lahore-Islamabad Motorway (M2)
- Qurtaba City, Rawalpindi
- Khanial Homes
- Bahria Town, Islamabad
No Objection Certificate Overseas Block
A crucial legal document for a housing project is the No Objection Certificate (NOC), which verifies the project’s approval by the relevant municipal authority in the district. Once a housing scheme’s NOC is approved, its value and publicity among investors rise significantly since it assures them that the project is legitimate. In 2018, the Rawalpindi Development Authority approved the initial NOC for Blue World City for a total land area of 427 kanals. Since then, Blue World City has significantly increased its overall land area and included several other blocks. However, the acquisition of new land required the issuance of a NOC by the Rawalpindi Development Authority. Unfortunately, the NOC for the Overseas Block, an area within the project, is still pending approval. Despite this setback, the administrative authority has already applied for the issuance of the NOC, and it is expected that the management of Blue World City will receive it shortly. Once the NOC is granted, investors can be assured of the project’s legitimacy and continue to invest with confidence.
Remarkable Features of the Overseas Block
Blue World City is an extraordinary housing project that represents the cooperation between the workforces of Pakistan and China. The project will attract a large influx of Chinese workers who will be working on the CPEC route and the housing scheme itself. It will feature Chinese architecture of international quality, serving as a symbol of the close ties between the two countries. Moreover, the project offers the general public of Pakistan a chance to experience world-class amenities at affordable rates. This presents a unique opportunity for people to enjoy luxurious facilities that would otherwise be out of their reach. Overall, Blue World City’s Overseas Block is an exceptional addition to the project that combines the best of Chinese and Pakistani culture, offering top-notch facilities to the public. The following facilities will be provided to the residents of the Overseas Block:
- Wide Roads: The roads in Blue World City are wide to prevent road congestion. The main boulevard is 208 ft wide.
- Basic Utilities: As all the blocks of Blue World City will be under a full provision of basic utilities, the same goes for the Overseas Block, which will ensure the residents won’t face any shortage in the necessary utilities.
- Exclusive Golf Club: Golf is considered one of the most relaxing sports, and to ensure this experience is maximized for entertainment, The Overseas Block will have its own golf club.
- Family Parks: serene parks will be included in the Overseas Block, where residents can come and relax with their families and enjoy the peaceful environment of Blue World City.
- State-of-the-art Hospital: The health of the residents will be looked at by the state-of-the-art hospital that will be present in the Overseas Block. The hospital will be equipped with trained staff and adequate medical facilities to facilitate the patients.
- Overseas Lagoon Club: an exclusive lagoon will be present in the Overseas Block for entertainment purposes for the residents.
- 24/7 Security: Just like the other blocks of Blue World City, the Overseas Block will be under constant surveillance, and appropriate security measures will be taken to ensure maximum security.
- E-tag Controlled Entrance: To further the security measures of the Overseas Block, the block will have an E-tag controlled entrance to keep track of visitors.
- Green Service Area: The Overseas Block will have its own green service area, which is purposely made to preserve the natural environment of our planet.
Overseas Block Offered Plots
The Overseas Block of Blue World City gives investors a chance to grab residential and commercial plots of various sizes at affordable prices. The following are the various sizes of residential plots that will be offered in the Overseas Block:
- 7 Marla (211 square yards) Plot
- 10 Marla (302.5 square yards) Plot
- 14 Marla (423.5 square yards) Plot
- 1 Kanal (605 square yards) Plot
- 2 Kanal (1210 square yards) Plot
- The following are the sizes of the commercial plots that will be offered in the Overseas Block:
- 5 Marla (151.25 square yards) Plot
- 10 Marla (302.5 square yards) Plot
Overseas Block Payment Plan
Investors place great importance on the facilities offered by a housing project as they define the quality of life that potential residents will experience. However, even if a project offers the most premium facilities, the payment plan is equally crucial, as it provides investors with flexibility and affordability. Paying off the total cost in installments rather than a lump sum makes it easier for investors to manage their finances. In the case of the Overseas Block, the payment plan is designed to be convenient and straightforward, ensuring that plot installments are not burdensome. The payment plan for the large residential and commercial plots offered in the Overseas Block spans over four years, with a total of 40 monthly installments and eight biannual installments. This ensures that investors have enough time to manage their payments without undue financial pressure. Ultimately, the payment plan is a critical factor in attracting investors and ensuring the success of a housing project. Possessions are granted to the owners upon the complete payment of the property. The following is the detailed payment plan for the various residential plots that are offered in the Overseas Block of Blue World City:
- 7 Marla (211 square yards) Plot: The total cost is 2,310,000 PKR. The down payment for the plot, which is required during the booking process, is 10% of the total cost, which is 231,000 PKR. A confirmation fee for the property will be charged 115,500 PKR. The monthly installments are only 23,100 PKR, while the bi-annual installments are only 115,500 PKR. The price that will be charged upon balloting is the same as the confirmation fee, which is 115,500 PKR.
- 10 Marla (302.5 square yards) Plot: The total cost is 3,220,000 PKR. The down payment for the plot, which is required during the booking process, is 10% of the total cost, which is 322,000 PKR. A confirmation fee for the property will be charged at 161,000 PKR. The monthly installments are only 32,200 PKR, while the bi-annual installments are only 161,000 PKR. The price that will be charged upon balloting is the same as the confirmation fee, which is 161,000 PKR.
- 14 marla (423.5 square yards) Plot: The total cost is 4,380,000 PKR. The down payment for the plot, which is required during the booking process, is 10% of the total cost, which is 438,000 PKR. A confirmation fee for the property will be charged at 219,000 PKR. The monthly installments are only 43,800 PKR, while the bi-annual installments are only 219,000 PKR. The price that will be charged upon balloting is the same as the confirmation fee, which is 219,000 PKR.
- 1 Kanal (605 square yards) Plot: The total cost is 5,760,000 PKR. The down payment for the plot, which is required during the booking process, is 10% of the total cost, which is 576,000 PKR. A confirmation fee for the property will be charged at 288,000 PKR. The monthly installments are only 57,600 PKR, while the bi-annual installments are only 288,000 PKR. The price that will be charged upon balloting is the same as the confirmation fee, which is 288,000 PKR.
- 2 Kanal (1210 square yards) Plot: The total cost is 9,250,000 PKR. The down payment for the plot, which is required during the booking process, is 10% of the total cost, which is 925,000 PKR. A confirmation fee for the property will be charged at 462,500 PKR. The monthly installments are only 92,500 PKR, while the bi-annual installments are only 462,500. The price that will be charged upon balloting is the same as the confirmation fee, which is 462,500 PKR.
- The following is the detailed payment plan for the various commercial plots that are offered in the Overseas Block of Blue World City:
- 5 Marla (151.25 square yards) Plot: The total cost is 11,280,000 PKR. The down payment for the plot, which is required during the booking process, is 10% of the total cost which is 1,128,000 PKR. A confirmation fee for the property will be charged at 564,000 PKR. The monthly installments are only 112,800 PKR, while the bi-annual installments are only 564,000 PKR. The price that will be charged upon balloting is the same as the confirmation fee, which is 564,000 PKR.
- 10 Marla (302.5 square yards) Plot: The total cost is 18,000,000 PKR. The down payment for the plot, which is required during the booking process, is 10% of the total cost, which is 1,800,000 PKR. A confirmation fee for the property will be charged at 900,000 PKR. The monthly installments are only 180,000 PKR, while the bi-annual installments are only 900,000 PKR. The price that will be charged upon balloting is the same as the confirmation fee, which is 900,000 PKR.