You are currently viewing Blue World City is Determined for a Debt-Free Pakistan: A Progressive Meeting with Mr. Malik Riaz

Blue World City is Determined for a Debt-Free Pakistan: A Progressive Meeting with Mr. Malik Riaz

Mr. Saad Nazir, the chairman of Blue World City, who has consistently aimed for Pakistan to be a prosperous and affluent country on its own; has recently set up a productive meeting with the real estate tycoon, the chairman of Bahria Town, Mr. Malik Riaz and Mr. Nadeem Ijaz (CEO – Blue World City). Three visionaries discussed the critical strategic actions needed to make this mission successful during that meeting.

Furthermore, in a groundbreaking announcement at the Blue World City General Block Phase 2 ceremony, Mr. Saad Nazir, an influential figure in Pakistan’s real estate sector, revealed an ambitious plan to accelerate Pakistan’s debt repayment. This strategic move is set to reshape the real estate landscape and propel the nation to become economically prosperous.

In his address, Mr. Saad Nazir invoked Dubai’s real estate market’s remarkable transformation and incredible growth into a developed and self-reliant nation as an inspirational model for Pakistan’s future. Drawing parallels, he highlighted that in Blue World City, Mr. Nadeem Ijaz and Mr. Naeem Ijaz have assembled a landholding of 2.5 lacs kanal that exceeds Dubai’s total landholding, opening the door for much more expansion.

Emphasizing unity over competition, Mr. Saad Nazir reaffirmed a commitment made for all the real estate developers a few months ago to work collectively and achieve a shared vision through a single project. This commitment has now taken a tangible form with a compelling proposal.

In recent days, Mr. Nadeem Ijaz (CEO – Blue World City) organized a series of high-level meetings with the real estate tycoon, Mr. Malik Riaz (Chairman – Bahria Town). During these discussions, Mr. Saad Nazir extended a bold proposition, inviting Mr. Malik Riaz to lead the endeavor to settle Pakistan’s debt. This initiative envisions a joint venture in which Mr. Malik Riaz launches a project based on co-branding principles, with Blue World City Islamabad providing a premium land area next to the motorway. Notably, this arrangement eliminates the need for Mr. Malik Riaz to acquire land, as it will be generously provided by Blue World City.

Bahria Town has developed into one of Pakistan’s most prestigious and well-known residential communities in the real estate market due to the project owner Mr. Malik Riaz’s skillful oversight and, most significantly, the on-time delivery of the project. In the late 1990s, Bahria Town began its journey in Islamabad-Rawalpindi. Following this, it expanded its housing projects to other major cities across Pakistan, including Bahria Town Lahore, Bahria Town Karachi, and most recently, Bahria Town Peshawar. Bahria Town has mastered the art of urban and town planning and transformed a great vision into reality. All developments have the most advanced infrastructure and world-class facilities.

While addressing overseas Pakistanis in the UK, Mr. Saad Nazir expressed profound gratitude for their contributions to Pakistan’s progress. He also commended the tireless efforts of Mr. Nadeem Ijaz (CEO – Blue World City) and Mr. Naeem Ijaz (CEO – Blue Hills and Country Farms) in their mission to transform Pakistan into a debt-free country. In a striking statement, he restated their stance, viewing themselves not as competitors but as Malik Riaz’s proteges, committed to achieving his vision while also enhancing the welfare of Pakistan.

Mr. Saad Nazir unveiled an inspiring vision to replicate iconic world monuments within Blue World City, making it the world’s largest tourist city and eliminating the need for Pakistanis to travel abroad for such experiences. He emphasized that this is an opportune moment to invest in Blue World City, securing a legacy for your next generation.

Blue World City is the flagship project of the Blue Group of Companies and Imperium Group of Companies (BGC-IGC) Consortium. Blue World City currently boasts a vast landholding of over 2.5 lac Kanal. Mr. Saad Nazir, Mr. Nadeem Ijaz, Mr. Naeem Ijaz, and Mr. Burair Nazir (CEO – Blue World Trade Center), all relentlessly pursue the project’s progress.

Blue World City is a tourist city in Pakistan, situated on the main Chakri Road near Chakri Interchange and having direct access from the M-2 Lahore-Islamabad Motorway. It is also one of those housing societies that are near Islamabad and Rawalpindi as well as the new International Islamabad Airport, and is well-known for its commitment to providing its residents and investors with easy payment plans at affordable prices.

BlueProperties.com proudly has an extensive inventory of luxurious and high-end properties within the prestigious Blue World City, which includes exclusive blocks that provide a wide range of premium real estate sector options. Let’s have a look at the exclusive blocks of Blue World City Islamabad:

Sports Valley: Sports Valley is without a doubt one of the most beautiful blocks in Blue World City’s vast landscape, offering amenities that improve the quality of life in general. The largest cricket stadium in Pakistan, with a seating capacity exceeding 55,000, is nestled in the heart of Sports Valley at Blue World City Islamabad. This cricket stadium makes every cricket lover’s dreams come true. Equipped with extensive seating and top-tier facilities, it is poised to host memorable cricket events. Furthermore, Blue World City Islamabad has introduced the Shoaib Akhtar Enclave within Sports Valley. A large array of amenities and great accessibility ensure that residents get the most out of their real estate investment.

Waterfront District: The Blue World City Waterfront District in Islamabad offers luxury, affordability, and elegance with various plot sizes. Its strategic location near the Chakri Interchange on the Lahore-Islamabad Motorway provides scenic water views and easy accessibility to major twin cities. With competitive pricing and flexible payment plans, it offers modern amenities like floating restaurants, outdoor cinemas, and water sports clubs, making it an attractive investment opportunity.

Hollywood Block: Experience the glitz and glamour with flexible payment plans in this prestigious block, designed for upscale living. The Blue World City Hollywood Block in Islamabad offers affordable, contemporary amenities with a green area for parks and recreational spaces. It prioritizes an eco-friendly lifestyle with water reservoirs and filtration plants. The block features state-of-the-art healthcare facilities, a commercial hub, and a robust security system. The infrastructure is designed for aesthetics and functionality.

Awami Block: Awami Block also known as most affordable block in Blue World City, aligned with the Former Prime Minister Imran Khan’s vision of Naya Pakistan Housing Program, provides luxurious living with affordable payment plans. Ideally located on the CPEC Route, this mega project offers residential plots of 4.5 marla (monthly installments from 9,750).

Overseas Block: This groundbreaking construction project in Pakistan has set new development standards, offering a wide range of amenities. Located near the M2 motorway, it provides attractive plot choices with flexible payment plans. It stands out from other housing societies due to its advanced features and modern technology. Notable highlights include a replica of Turkey’s Blue Mosque, a large themed water park, international-grade infrastructure, an independent power plant, a police station, and well-planned road networks.

General Block: General Block offers a comprehensive, modern lifestyle with luxury at an affordable price. This master-planned city boasts modern amenities in a serene setting. The General Block enhances the community’s aesthetics by offering well-planned infrastructure, lush green areas, and convenience at a reasonable cost.

General Block Phase 2: General Block Phase 2 in Blue World City offers an excellent investment opportunity for those seeking an opulent yet cost-effective lifestyle. Its prime location and reasonably priced plots make it a promising investment option. This block will feature a diverse range of plots for both residential and commercial use, providing a luxurious living environment.

During the address at Blue World City’s Balloting Event, Mr. Saad Nazir also mentioned that Mr. Malik Riaz has proposed a visionary concept to Mr. Muhammad Nawaz Sharif, granting authority to developers and allowing them to collaborate on multi-storey housing projects on both sides of Islamabad-Rawalpindi motorway M2. This visionary initiative holds the potential to significantly contribute to Pakistan’s journey toward becoming a debt-free country, all through the transformative development of a single road.

While conversations regarding the No Objection Certificate (NOC) for Blue World City have been in progress, it’s important to emphasize that the project is diligently in the process of securing the required approval from the Rawalpindi Development Authority (RDA) and Punjab Housing and Town Planning Agency (PHATA). This aligns with the standard protocol for housing societies, and Blue World City is on track to join the list of NOC-approved housing projects in Pakistan. You can also monitor the Blue World City’s NOC status on the official Government of Punjab website.

The momentous partnership between Mr. Saad Nazir and Mr. Malik Riaz is a significant moment in Pakistan’s real estate sector, highlighting the power of collaboration and visionary thinking in driving the nation’s growth. It showcases the industry’s changing dynamics and commitment to innovative investment and progress. This partnership has the potential to make a substantial contribution to Pakistan’s economic development and debt reduction.

Leave a Reply