Elevated Signal-free Corridor from Gulberg to Lahore Motorway
To make another distinctive difference, Lahore is with another megaproject to surprise. Yes! Govt. of Punjab has recently approved a grand construction milestone to alleviate the perpetuating traffic problem in Lahore city. The Elevated Signal-free Corridor from Gulberg to Lahore Motorway will relieve the intercity travellers to enter and exit the city within a minute’s drive without stopping at signals. This is the majesty of Lahore metropolis that ever-new megaprojects add beauty to the city’s grandeur. Such projects are necessary for the mega city and enhance the value of property worth in the city.
Areas—The project will Serve
The infrastructural Construction of the Signal Free Corridor from Gulberg Lahore to Lahore Motorway will begin in the fiscal area after the feasibility report is submitted to the CM Punjab for project commencement.
The Lahore Development Authority (LDA) has been advised to prepare a feasibility report on the new mega infrastructure project as early as possible. The project will focus on the flow of the construction of signal-free routes. The elevated roadway in Lahore will interlink the surrounding areas of the heart of Lahore–Gulberg to the Lahore-Islamabad M2 Motorway. The neighbourhoods of these areas will benefit from this megaproject. The property and real estate market will furtherly grow likewise. So, investment opportunities in buying and selling deals in these areas are potentially shining.
Cost of the Megaproject
The govt. has allocated enormous funds for this project with an estimated cost of Rs 61 billion. The project is subject to helping to alienate the traffic saturation and road bustling amid the ever-expanding population of Lahore. Elevated Signal-free Corridor from Gulberg Lahore to Motorway is authorized by the Lahore Development Authority (LDA).
Length and Division of the Gulberg-Motorway Elevated Corridor
Gulberg-Motorway Elevated Corridor is a vast infrastructure to consumes a big chunk of the Punjab province budget. It will spread a 10.77-kilometre road length without traffic signals and stoppages. It is estimated that construction is to begin this year. The project will facilitate approximately 73,000 motors to pass each day with the convenience of the unstopping route.
Primary Divisions
Nexthome.pk is keeping an eye on this megastructure’s scope and has started homework for land acquisition. The corridor has primarily three divisions, including Divisions A, B, & C, respectively.
Division A:
The total distance of Division A will cover a length of 4. 28 Kilometres. The starting point will be from Babu Sabu Interchange Band Road, and the terminal point will be until Multan Road near Wahdat road turn, Lahore.
Division B:
The area stretch of Division B will be almost 2.13 kilometres. The starting point will start from Multan Road Wahdat road, and the terminal point will be near LOS Road, Ferozepur Road, Lahore. This will be the second sectional division of the Elevated Expressway.
Division C:
Suppression of this length of division C will spread at the length of 4.36 kilometres. It will thread begin from Ferozepur Road, and the terminal section will be at the section of Main Boulevard Gulberg, Lahore.
Vicinity Area Under Access to Gulberg-Motorway Expressway
The scope of this mega public project will be a futuristic one. The analytical report by the Lahore Development Authority (LDA) narrates that Gulberg-Motorway elevated expressway would connect Gulberg Main Boulevard, Garden town, Model town, Canal Park, Shadman, Ichhra, Muslim town, Rehmanpura Shama Chowk, Chaudhry Colony, Toheed Park Bridge, Gulshan Ravi, Kashmir Block, Moon Market, Yateem Khan chowk and Bund Road until the Toll Plaza Babu Sabu at the brink of the Lahore-Islamabad Motorway (M-2). Next-Home analysts predict an excessive rise in property rates in the areas mentioned earlier of Lahore.
Extra Features of the Project
The elevated expressway of Lahore is the gigantic infrastructure of the traffic host route. The project will make the routes more exquisitely appealing, such as several entry/exit turnabouts, green belts, excellent safety features, an immense traffic management system flow, and many other amenities and facilities.
Hallmark For Lahorites
Town and Urban planning developers say that the Gulberg-Motorway expressway will curtail travel time and distance around 85Km for the localities and communities giving them easy access to an exit and enter Lahore city without getting choked by the traffic halt. An 85-kilometres distance will also help save energy costs and benefit the environment. Aside from controlling unbridled traffic halt, the scheduled routes would also be helpful to boost Lahore’s international spectrum as an epic civic centre of Pakistan.
What Other Megaprojects Await to Be Launched in Lahore?
Aside from this mega infrastructure project, there are five other megaprojects to be launched soon as the new chief minister Hamza Shahbaz asks to present a layout plan on an elevated expressway from Gulberg to Babu Sabu with an estimated cost of Rs6.5 billion following Shahdara Morr multi-level lane separation high flyover with an estimated cost of Rs2.8 billion, another signal-free corridor from Centerpoint Gulberg to Defence Morr. Yet to go with more, the T-junction from Babu Sabu to Gulshan-e-Ravi with the same line as the Ring Road and its expansion with a net worth of Rs2.40 billion are there to stun the grandeur of Lahore metropolitan.
Scope of Investing in the Developing Areas
Next-home is next pace ahead in considering the scope of investment in the residential and commercial projects in the above-discussed areas. So, our real estate analysts recommend buyers or investors of Lahore to invest in Gulberg, DHA, Walton, Iqbal town, Garden town, and Bund road as the development is underway around these areas. It is one of the project’s beauties to expedite its residents and investors to plan their following commercial activities with the secure investment model to yield a considerable ROI. It is excellent to get an asset to start investing in such areas and commercial localities.
Moreover, Next-Home makes ease of investment with viable real estate opportunities for average and affluent investors. The roads are the main attraction of any business, so the success of the commercial activities is evident.
To learn more about the latest real estate opportunities and many other property deals, keep visiting nexthome.pk or reach us through our Helpline: 0304-111-0309.