Introduction
Rawalpindi Ring Road (R3) development started on Friday, 22 September 2023. Also, It is a 38.3 km orbital highway. It will connect the towns of Rawalpindi and Islamabad. Moreover, the developers aim to complete it next year in 2024. It is a one year project. Besides, the ring road will begin at the Channi Sher Alam bridge. That is close to Rawat. Likewise, it ends at the Thalian interchange. It will end near the M2 Motorway.
The R3-Rawalpindi Ring Road is a significant infrastructure project. Also, it will have a substantial effect on business and transportation. Most of all, it will cut down on commuters’ journey time. That will also lower the fuel costs.
Further, it will make moving goods easier and faster. It also encourages growth along its path. Thus, it will create new businesses and jobs. For the latest info, keep reading this blog.
Developer & Owners
It is a government infrastructure. Also, RDA and CDA are its developers. In the future, they will run and manage it. It’s a significant development venture. It will affect the economy in a big way. Plus, It will also make lives smoother for people. It is a 6-lane controlled-access route. Also, it has a design speed of 120 km per hour.
Rawalpindi Ring Road Mater Plan
The total length of the Rawalpindi Ring Road (RRR) will be 36.3 km. Moreover, the government has already bought land for 12 km. The NESPAK has created the Rawalpindi Ring Road master plan. Plus, it spans from Chak Beli Khan to Adiala. Yet, the land for the last 26.3 km buying process is pending.
The highway will include commercial zones in both twin cities. Further, it will have six flyovers. Likewise, it will consist of ten overhead bridges. It will make public transport better. Also, the ring road benefits people living in the outskirts areas. It will also cut down on noise from cars. Plus, it will also lessen the smog. It will lower the fuel consumption.
Rawalpindi Ring Road Interchanges
The highway will have interchanges. Also, the names are below.
- Baanth Interchange
- Chak Beli Khan Interchange
- Adiala Road Interchange
- Chakri Road Interchange
- Thalian Interchange
Rawalpindi Ring Road Salient Features
The ring road has a definite impact on the transportation network. Further, some of its RRR features are
- 300 ft. wide
- Three satellite zones
- Decrease in traffic jam
- Ease of access to 50,000 automobiles
- Connected with twin cities
Rawalpindi Ring Road Cost
The FWO will lead the R3 project. Further, the highway construction will cost Rs 23 billion. The land acquisition will be Rs 6.7 billion. So, the total estimated budget of the RRR is Rs 31.7 billion.
Rawalpindi Ring Road Impact on Twin Cities Real Estate
It will cause a significant change in the property market of twin cities. First, it will make travel easy for individuals. That will enhance the demand for the best housing investment in twin cities. So, the prices of the properties will rise. It is suitable for the homeowners.
It will also create new investment opportunities in the area. Also, it will compact the distance within the cities. So, everyone will have access to the needless amenities.
The Rawalpindi Ring Road will positively impact the twin cities real estate. As well, It will also increase the demand for property. Moreover, it will drive up property prices. Thus, it will boost job creation. Some of the twin cities’ housing societies that will benefit from it are
- Bahria Town Rawalpindi
- Blue World City
- DHA Rawalpindi
- Capital Smart City
- Gulberg Green
- Rudn Enclave
Benefits of the Rawalpindi Ring Road
The Rawalpindi Ring Road is a massive development in the area. Thus, here are some benefits of RRR.
Boost Connectivity
The Ring Road will enhance the connectivity of people in different parts of the twin cities. Plus, the transportation time will have reduced. It will also lower the cost of travelling. It will cut down the prices of the goods. So, it will raise the economy.
Reduce Traffic Flow
One of the best things about the Ring Road is that it will make less traffic flow in the site. Plus, it will help cut down on the journey. It will ease traffic on existing roads. Thus, it will take a lot of traffic out of the city center. So, travelling in the twin cities will be smoother.
Increase Real Estate
The Ring Road will be suitable for the real estate market. Likewise, there will be more demand for homes. It will also give rise to businesses in the region. So, this could mean good investment chances. It will enhance economic growth.
Environment Friendly
Ring Road project will have green areas. Plus, it will have walkways for people. There will also be bike paths in it. So, these things urge people to live healthier lives. Likewise, it can also help clean up the air. It will cut down on carbon emissions by making traffic move better and easing traffic jams.
FAQs
Q1: What is the Rawalpindi Ring Road?
A1: It is a 38.3 km orbital highway.
Q2: What is the completion date of Rawalpindi Ring Road?
A2: The project will complete next year in 2024. It is a one year project.
Q3: What is the Rawalpindi Ring Road latest news?
A3: Rawalpindi Ring Road (R3) has kickstart on Friday 22 September 2023. Also, It is a 6-lane controlled-access route. Also, it has a design speed of 120 km per hour.
Q4: What is the Rawalpindi Ring Road alignment?
A4: The ring road will begin at the Channi Sher Alam bridge and finish at the Thalian interchange. More, it has 6 flyovers. It has 10 overhead bridges.
Q5: How many interchanges are in Rawalpindi Ring Road?
A5: It has 5 interchanges. They are Baanth Interchange, Chak Beli Khan Interchange, Adiala Road Interchange, Chakri Road Interchange, and Thalian Interchange.
Q6: What is the Rawalpindi Ring Road estimated budget?
A6: The total estimated budget of the RRR is Rs 31.7 billion.
Conclusion
The Rawalpindi Ring Road is a significant development project. Also, It will help the region in a lot of ways. It will also change the twin cities and sites around them. Plus, that will make the traffic flow better.
In the same way, it will help real estate. The economy will grow faster because of that. Most of all, the project is mainly about long-term growth that doesn’t harm the environment. It is a green infrastructure.
Besides, it will make a greener future. The construction on the Ring Road will have finished in 2024. Thus, it brings in more money. Therefore, it will help twin cities to have a better and more stable future. So, if you want to buy the best real estate investment around RRR, call Ghafari Marketing.
