Projects |
Construction of the parking cum commercial plaza at Banni Market, Rawalpindi |
Sponsoring Agency |
Local Government & Community Development Department/Metropolitan Corporation Rawalpindi |
Implementing Agency |
Punjab PPP Authority/LG&CD Department Rawalpindi, Metropolitan Corporation Rawalpindi |
Locations |
Banni Market Rawalpindi |
Available land |
10 Kanal 3.4 marla |
Gestation period |
08 Months (Including 02 months of TA hiring) |
Sources of revenue |
|
Estimated project cost |
PKR 1814.65 Million |
Current Status |
Hiring of TA under process |
Objectives
- Provide state of the art and well managed parking facilities to cater needs of the people and resolve parking issues
- Smart growth of Rawalpindi city through urban renewal and streets maping
- Improvement of accessibility, reduced traffic congestion and travel time saving
- Provision of service-oriented tenants and retail opportunities within parking plaza will draw consumers from neighboring areas thus adding to the ‘base economy’ and enhance regional competitiveness
- Increase value of nearby residential, retail and commercial property