Bedian Road Lahore Expansion
Bedian Road Lahore
Bedian Road is located in Cantonment area and runs from R.A. Bazar to B.R.B Canal Lahore. On one side of Bedian Road is Lahore Cantonment and on the other side is Walton Cantonment. Bedian Road is one of the few roads in Lahore which are narrow and should be expanded to ease the traffic problems.
Expansion of Bedian Road Lahore
The government of Punjab has finally started the much sought after project, the widening of Bedian Road Lahore. Chief Minister of Punjab, Mian Muhammad Shahbaz Sharif has directed the LDA to prepare PC-1 of the project. 750 Kanal of land will be acquired for the expansion. Total cost of the project is PKR 4 Billion and will be completed in just 1 year. PKR 2 Billion will be used to acquire the land for expansion of Bedian Road Lahore.
Benefits of Bedian Road Lahore Expansion
Due to narrow road, traffic jams is the daily routine. Expansion of Bedian Road Lahore will solve the traffic problems. Second advantage of Bedian Road expansion will be the easy access to numerous housing schemes located on both sides of the road. Third advantage will be the easy approach to Allama Iqbal International Airport Lahore from inner city and Gulberg area as government is also planning to connect Gulberg and cantonment area via underpass.
Impact of Bedian Road Expansion on property prices
Many societies are located on or near to Bedian Road Lahore like DHA Phase 5, 6 & 7, Askari 3, Askari 11, Nadirabad, Ali View Garden, Elite Villas, Spring Meadows and Pace Woodland. These societies will get easy approach. This will have positive impact on the property prices. It’s expected that property prices will increase by approximately 15-20% after the completion of the project. This price rise is huge as the property market in stagnant.