In Islamabad, Pakistan, Blue World City Islamabad is a new housing complex. It is located near the M-2 Motorway on Chakri Road. Blue Group of Companies, Imperium Group of Companies, and Shan Jian Company collaborated to build it.
Blue World City Islamabad has quickly become one of Islamabad’s most densely populated residential estates. Because of its distinctive infrastructure and affiliation with foreign firms in Islamabad’s strategic place, it has garnered the admiration of investors.
Why NOC important for Society?
In each project, the NOC plays a vital role. The confirmation of validity allows project owners and developers to work under the norms and regulations established by local and federal governments.
NOCs are issued to real estate development projects to help them run seamlessly and legally. It indicated that the organization follows the rules established by the regulators. If a residential project does not have a NOC, it is considered illegal. As the NOC proves to be beneficial as,
- A no-objection certificate is a document that aids in the resolution of any disputes or legal issues that may occur in the future when it comes to loan repayment.
- A NOC sent to the credit reporting agencies guarantees a good credit score.
The Blue World City Islamabad NOC Approval
Blue World City Islamabad is a majestic housing development spanning 5000 Kanal. Rawalpindi Development Authority has authorized a limited section of its land. The remaining land is awaiting the permission of the NOC.
The issue of the NOC officially launched the development of Blue World City Islamabad. The project’s administration applied for a NOC. Rawalpindi Development Body was the relevant authority at the time, and it issued a NOC for BWC under the code ‘DA/MP&TF/F-PHS-PTR-10/148.’
This certificate of no objection was granted on February 19, 2019. The initial approval of Blue World City Islamabad NOC was for the acquisition of 427 Kanal of land for development. When a disagreement arose between Rawalpindi Development Authority RDA’s and the District Council’s jurisdiction, the problem escalated. Incorrect information was propagated about this initiative, claiming that it had been declared illegal.
Governor Punjab signed the 2021 Local Bodies Ordinance, which addressed the jurisdictional disagreement between the Rawalpindi Development Authority (RDA) and the District. The District Council will have to approve all residential housing societies under this Ordinance. Following all of these discussions, Blue World City Islamabad was awarded final approval, resulting in a rise in plot prices.
The Blue World City Islamabad NOC is undergoing another round of approval. The developers are optimistic that the Blue World City Islamabad NOC will be authorized soon.
Blue World City Islamabad Master Plan
A crew of skilled professionals conceived and designed the Blue World City Islamabad Master Plan, which includes all modern amenities. The cost of a plot varies by block. However, each block must have a common payment scheme. The society offers a three-year, four-year, and five-year installment plan with only a 10% down payment. This allows society to assist people from all walks of life while also providing convenience to customers.
End Note
The Blue World City Islamabad holds an authentic NOC that can vanish all the confusion in the mind of the investor before investing.
