Shahkam Chowk Flyover Construction Started – Latest News
The wait is over, and finally, the construction of Shahkam Chowk Flyover is started. It’s big news for the residents of Bahria Town Lahore and nearby societies. We congratulate them as Shahkam Chowk Flyover is a viable solution to all the traffic problems on Shahkam Chowk. The road leading toward Bahria Town Lahore is closed. However, residents can use alternative roads till the development work completes. The development of Shahkam Chowk Flyover will surely benefit nearby societies like New Lahore City, Sukh Chain Gardens, Canal Gardens Lahore, and much more.
However, this development will be more beneficial for the people linking to the commercial sector of Bahria Town Lahore. Let’s know more.
Shahkam Chowk Flyover – Latest Details
This flyover at Shahkam Chowk is a major development, a part of the new Lahore Development Package, planned under the supervision of PM Imran Khan. The estimated cost of this project is PKR 2.877 million. However, the NLC has won the contract of Shahkam Chowk Flyover and claim to complete this project in PKR 2,554 million.
All the developmental planning, including the 3D Model of this project, is complete. The government appears very much concerned about the timely construction and completion of this project. Assigned companies are working on constructing this flyover, and the signboards of construction ahead also install. As a result, authorities have shut down Canal Band Road temporarily. However, three alternative routes are available for Canal Road, Defence Road, and Mohlanwal Road Lahore.
Learn More: Shahkam Chowk Project Plan and Development
Shahkam Chowk Flyover Development and Property Prices
The news of the increase in property prices is circulating for a very long time now. Shahkam Chowk Flyover Development will facilitate the residents of housing societies and investors. Prices of the property will start increasing with the ongoing development of this project. However, once the development work completes, the property prices, especially in Bahria Town Lahore, will double. For example, 10 Marla plots in Sector F are available in 60 lacs to 80 lacs. But after the completion of this flyover, the prices will be above 1 crore.
Also, if you invest today, you can earn huge investment gains with the progressing development of Shahkam Flyover. So, this is the right time to invest your money in the affordable plots of Bahria Town Lahore.
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