When the development of Gwadar port was announced back in 2002, investors, both individuals and Real Estate Marketing Companies, joined this race of investment as there were many plots available to be developed for commercial, residential and recreational purposes. This made the value of property skyrocketed as soon as the port city started getting developed.
How & Why Gwadar Becomes So Valuable?
Gwadar earns a strategically very significant location as the port city is located on the southwestern coast of Balochistan, Pakistan. Gwadar is located on the shores of the Arabian Sea, approximately 700 kilometers to the west of Pakistan’s largest city, Karachi. Gwadar enjoys the status of the third deep seaport of Pakistan which further signifies its location. It provides China a perfect and shortest route to reach the resourceful area of Central Asian Republics (CARs) and will ultimately benefit Pakistan too.
By offering seaport to China, Pakistan can earn huge revenues and also bring trade, job and development into the under developed areas of Balochistan. How the Real Estate Sector is Going to be Benefited by Gwadar? After the completion of Gwadar city, it will become one of the world’s largest port city. As explained above, Gwadar has the potential to invite many national and international companies to come and invest in it. Similarly, the real estate sector is presently at the peak on Gwadar land as everything is supposed to be constructed first. The master plan of this port city include schools, colleges, universities, residential societies, hospitals etc. Gwadar Development Authority (GDA) is looking after all the infrastructure development at Gwadar. A good infrastructure will definitely attract many people in the newly developed city for the sake of multiple economic opportunities. Ultimately the demand of real estate will be increased at Gwadar land.
Presently, there are three different kind of Gwadar property investments we must look at:
- Residential Societies
- Marine Drive Commercial
- Open Land
A Detailed Look at the Investment Opportunities in the City of Gwadar:
Many plots of different sizes are available at number of ideal locations in the city mainly including Door Ghatti, Zabadan, Terbela and Ziarat Machi.
Purchase Price Range
As the port is still under process of construction hence, the rates are presently not that much high. If one buys land in these days then it will earn huge return after few years; once the port is 100% operational.
Residential Housing Schemes
There are many projects introduced by housing societies in the port and also by the government legal entity GDA.
Konstruct’s Project at Gwadar: Green Palms housing Scheme
Green Palms housing Scheme is a newly launched housing project location on Coastal Highway Gwadar by Rafi Group which has its roots in Lahore and has a history of developing housing schemes, apartments and shopping malls in Lahore. Green Palm Housing Scheme is ideally located on the coastal highway of Gwadar, which is an ideal location close to Marine Drive. It is a medium sized housing project and currently its phase 1 is available for booking which covers approximately 248 acres of land on coastal highway. It is approved by GDA (Gwadar Development Authority) and has NOC # 07/04/H.S/GDA(B).
Green Palms Housing Scheme offers residential and commercial plots on 3 years installment plan. Residential plots of 5, 10 marla and 1, 2 kanal are available for booking on first come first served basis, and also commercial plots of 4 and 8 marla are available on 3 years installments. Given prices just include cost of land charges, while development charges will be added later after the project will move towards development phase.
Facilities Green Palms Housing Scheme:
- Swimming pool
- Tennis court
- Snooker tables
- Squash courts
- Postal Services
- Spacious Lush Green Parks
- Underground water, electricity & sewerage system
- 24/7 security with gated and secured community
- 24/7 availability of electricity, pure clean water and proper sewerage system
- World class landscapes and spacious lush green parks
- Community Club
- Educational Institutions
Location Map & Payment Plan is attached below:
For more details please contact at:
- Mian Usama Zaheer +92-322-4431119
- Imran Siddiqui +92-342-0007111
- Landline +92-42-37167444