Capital Smart City Interchange Approved on M2 Motorway
Universal Property Network once again brings you the latest and long-awaited news about the very popular Capital Smart City. It is the approval of “Dedicated Interchange”. Yes, the NHA (National Highway Authority) has finally approved Capital Smart City Interchange on M2 Motorway. Congratulations to all the members of this society who has been waiting for so long for the official confirmation. It is big news that finally died down the negative rumors regarding its impracticability. The concerned authorities have finally granted the construction permission of this interchange which plays a vital role in society’s masterplan.
Capital Smart City Interchange Approved – Good News
Once again, we are appreciating the spirit of investors and members of this society who stood firmly with HRL and FDH. They not only trust their commitments but also confidently invest their capitals for good returns. The official news came through a letter notification issued on date 7th March 2022.
This letter was from NHA to FDHL regarding the official approval of the interchange on Motorway. Actually, the approval was made in the 381st meeting of the NHA Executive Board held on February 4th, 2022.
However, the official announcement was the requirement of the time. According to the letter, NHA has granted the formal approval to Capital Smart City to start the construction of its dedicated interchange at KM 332-333 on Motorway M-2 Islamabad. Moreover, FDHL will construct this interchange as per the approved design under regulation for access from NHA controlled network.
Following is the copy of the official approval letter of Capital Smart City Interchange by NHA:
Benefits of Capital Smart City Interchange
Capital Smart City is one of the most attractive housing societies in Islamabad. This society catches everyone’s attention with its innovative development and smart features. However, apart from all these top-class attractions, the only issue to this project is a distance and the direct access from the twin cities. Yes, despite being located along side Motorway M-2, one has to travel so long to reach and enter the society.
With this M2 interchange of Capital Smart City, the society will get a new entrance. This will provide people with ease of access, and more visitors and potential residents will come to it. At the same time, this interchange will save travel time and fuel. Additionally, it will positively impact the prices of properties as this entrance holds significant importance. Once the development work begins and it gets operational, the prices of properties will increase tremendously.
When will the Construction Work Begin?
National Highway Authority officially approves the Capital Smart City interchange. Hopefully, the construction work will start soon. According to the updates, FDHL is planning to start the work on the site in the next 2 – 3 months. The development of this interchange will surely benefit the entire society. However, some of its blocks will get an edge over others, such as Overseas Central Block, as it has a location in proximity to interchange.
Not only this, but Executive District, Gate Precinct, Overseas Central, and Overseas East blocks will have good advantage of this interchange.
The approval of society’s interchange at M-2 Motorway is indeed a moment of pride for all the management of Capital Smart City. This approval and its development will be a reason for the improved property market and provide ease to everyone coming here.
This mega project will be completed soon, so if you are still thinking of investing in Capital Smart City, be quick and invest today before the prices go high! Contact us for further details.