Blue World City is known for its affordable prices, modern amenities, and world-class infrastructure. The society has become a popular choice among investors and buyers alike, and it has been receiving a lot of attention lately due to the Blue World City Overseas Block Balloting updates. Blue World City is a rapidly developing housing society in Islamabad, Pakistan. It is a project of the Blue Group of Companies, which is a leading real estate development firm in Pakistan. The society is located on the main Chakri Road, near the new Islamabad International Airport. The society is spread over an area of 5000 kanals and is expected to house around 1 million people in the future.
The Overseas Block in Blue World City is designed specifically for overseas Pakistanis who want to invest in real estate in Pakistan. The Overseas Block offers a range of residential and commercial plots in different sizes, ranging from 5 marlas to 1 kanal.
Recently, Blue World City Overseas Block Balloting was conducted for its Overseas Block, which was a much-awaited event among investors and buyers. The Blue World City Overseas Block Balloting was conducted in a transparent manner, and the results were announced on the official website of Blue World City.
In this article, we will discuss the Blue World City Overseas Block Balloting updates and what they mean for investors and buyers.
What is Balloting?
Balloting is a process through which plots are allocated to buyers through a random computerized process. The process is conducted in a transparent manner, and the results are announced publicly. Blue World City Overseas Block Balloting is a fair and unbiased method of allocating plots, and it ensures that everyone has an equal chance of getting a plot.
When was Blue World City Overseas Block Balloting Conducted?
The Blue World City Overseas Block Balloting was conducted on 23rd March 2023. The results of the balloting were announced on the official website of Blue World City on the same day.
How many Plots were Allocated through the Balloting?
A total of 2,000 plots were allocated through the Blue World City Overseas Block Balloting. These plots were of different sizes, ranging from 5 marlas to 1 kanal.
What was the Process of Balloting?
The balloting for the Blue World City Overseas Block was conducted through a random computerized process. The process was conducted in a transparent manner, and the results were announced on the official website of Blue World City.
What are the benefits of investing in the Blue World City Overseas Block?
Investing in the Blue World City Overseas Block has many benefits. Firstly, the society is located in a prime location, near the new Islamabad International Airport, which makes it easily accessible from all parts of Islamabad and Rawalpindi. Secondly, the society has world-class infrastructure, which includes wide roads, modern sewerage systems, and uninterrupted power supply. Thirdly, the society offers a range of modern amenities, such as parks, mosques, schools, and hospitals, which make it an ideal place to live.
What are the prices of plots in the Blue World City Overseas Block?
The prices of plots in the Blue World City Overseas Block are very affordable, especially when compared to other housing societies in Islamabad. The prices of plots start from as low as PKR 1,500,000 for a 5 marla plot, and go up to PKR 9,000,000 for a 1 kanal plot.
What are the payment plans for plots in the Overseas Block?
The payment plans for plots in the Blue World City Overseas Block are very flexible. The society offers both 3-year and 4-year payment plans, which make it easier for investors and buyers to purchase a plot in the society.
What are the next steps for buyers who have been allocated plots through the balloting?
Buyers who have been allocated plots through the balloting are required to complete their payment plan within the given timeframe. Once the payment is complete, the plot will be transferred to the buyer’s name, and they can start construction on their plot. Buyers can also choose to sell their plot at a later stage, which can result in a significant return on investment.
What is the expected return on investment for plots in the Overseas Block?
The expected return on investment for plots in the Blue World City Overseas Block is very high. The society is located in a prime location, and the demand for real estate in the area is expected to increase in the future. Moreover, the society offers a range of modern amenities, which make it an ideal place to live. These factors make investing in the Blue World City Overseas Block a smart investment decision.
Conclusion
The Blue World City Overseas Block Balloting has been a much-awaited event, and the results have been eagerly anticipated by investors and buyers. The balloting was conducted in a transparent manner, and the results were announced on the official website of Blue World City. The real estate project such as Blue World Trade Center and General Block offers a range of affordable plots in different sizes, and the payment plans are very flexible. Investing in the Blue World City Overseas Block is a smart investment decision, and buyers can expect a high return on investment in the future.
