Posted on April 011, 2018 at 012:00 PM
After China Pakistan Economic Corridor(CPEC), Gwadar has become the land of opportunities and a business hub providing Commercial, Residential and Industrial property investment opportunities. In coming years Gwadar port will be a trade and commercial business hub for the world. China is working to convert Gwadar city into 'smart city' with the art of high-level technology and infrastructure. Due to CPEC projects completion and current investment trends in Pakistan, it is forecasted that property prices are rising. Chinese and Pakistani expatriates are looking for business investment and housing places compatible with their living needs. Developments in Gwadar have literally boost up after the successful launch of CPEC. Over 30 projects have been announced which are in progress and some of them are completed. Gwadar Development Authority is currently working on projects to complete it which includes the developments of residential and industrial zones, road networks and infrastructure of Gwadar city. Real estate investors have targeted the Residential and commercial sectors in Gwadar for easy and snowballing profits. Some investors have invested in swathes of land to launch housing or commercial developments.
Present real estate market conditions are favourable for investors who know where, when and how to invest. The property prices in 2016 & 2017 raised the prices 200 times certain societies rather than actual assessment. In 2018, it is forecasted that Real Estate market will flourish because many projects will be completed this year.
Comparison of an average price per marla in Gwadar is currently at its lowest in most areas. Pricing trends of real estate in Gwadar are increasing.
As Gwadar is one of the largest and international business hub, Federal and Provincial Governments of Pakistan have focused earnestly on its development. In order to attract domestic and foreign investors, Pakistan has established special industrial and commercial zones which offer special tax amnesty and subsidized electricity rates.
So this is the beginning of a golden era of real estate investment. Following are the some of the best and sparkling areas of investment:
These areas are well developed and at the main locations of Gwadar. These places offer residential and commercial activities. Investment in open lands and raw land may burst within a short time.
After a brief analysis selected areas have more potential with respect to investment opportunities.
Airport road has the more potential opportunities for investors to invest. Airport road offers commercial activities and it is termed one of the expensive area and is expected to go along the years as time passes.
Sanghar housing scheme is one of the most secured and regulated area that comes without any kind of complications. This society has a unique location and offers the secure investment. This society offers residential and commercial plots.
Marine drive is a commercial area and will continue to gain more in 2018 as it offers the prime location of sea view and most lucrative for high rise buildings, hotels and apartments. This will be the commercial hub which is the great place to invest.
This place is ideal for investments in residential properties. As demand increases for properties, properties rates are increased.
The best place to buy a raw land is Gwadar which is still very cheap. The open land offers more benefits as it offers Agriculture land and industrial land to set up an industry at large scale.
The next best thing to invest and acquire commercial land is "Jinnah Avenue". Jinnah Avenue is situated between the old airport and coastal highway and has real estate investment opportunities with heavy returns.
As summarizing the subject the good news is that GDA has made it extremely simple for investors to invest in Gwadar. GDA approved and verified the residential and commercial schemes in Gwadar. To conclude, it is the right time to invest in Gwadar. By investing in Gwadar through real estate you can become one of the beneficiaries of Gwadar's changing in the face.
Gwadar Estate & Developers is the project of 5B Marketing and working in Gwadar since 2001. We offer Safe & secure investment with Guaranteed returns, Govt and GDA approved Projects.