Are you planning to visit the capital of Pakistan and wondering if Islamabad is worth adding to your itinerary? Look no further because we've got some exciting news for you - there's a buzz going around that Islamabad might be one of the next 7 wonders city! But is it true? Is the city truly approved as a wonder city contender or just another rumor? Join us as we investigate this hot topic and discover what makes Islamabad an exceptional destination.

What is the 7 Wonder City Islamabad project?

Wonder City Islamabad is an upcoming real estate project in the Pakistani capital of Islamabad. The project was first announced in 2016, and is being developed by a joint venture between Al-Ghurair Giga Pakistan and Habib Rafiq Private Limited.

The project will include a mix of residential, commercial, and retail space spread over an area of approximately 8.5 million square feet. The residential component will consist of 1,000 apartments, while the commercial component will include office space, a hotel, and a convention center. The retail component will include a mall and other shops.

Construction on the project is expected to begin in 2019 and be completed by 2025.

Who is behind the project?

The masterminds behind the Wonder City Islamabad project are a group of highly experienced and successful real estate developers who have been working in the Pakistani market for over a decade. The team is led by CEO Chairman, Ziaullah Khan, who has an extensive background in the construction and development industry. The project is also being backed by a number of well-known international firms, which gives it an added layer of credibility and assurance.

What are the benefits of the project?

TheWonder City Islamabad project has been approved by the government and is set to bring a number of benefits to the city. The project is set to improve infrastructure and create new jobs, as well as provide a boost to the economy. The project is also expected to attract more tourists to the city, which will further improve the city's economy.

How will the project be financed?

The project is set to be financed through a public-private partnership (PPP) between the government of Pakistan and a consortium of private developers. The terms of the PPP have not been finalized, but it is expected that the private developers will invest up to $1 billion in the project and that the government will provide land and infrastructure.

When will the project be completed?

Wonder City Islamabad is still in the development stage and is expected to be completed within the next few years. The project was first approved by the Islamabad Capital Territory Administration in 2015, but has since undergone several changes and delays. However, the current plan is for construction to be completed by 2023.

Conclusion

In conclusion, the approval status of 7 Wonder City Islamabad is currently uncertain. Although many speculators are interested in investing in this project, they will have to wait until it is officially approved by the government before doing so. Nonetheless, with its potential for numerous amenities and a prime location, this project may turn out to be an ideal investment opportunity once approved.