The real estate development in Gwadar is often associated with the rapid pace of infrastructure development in the city. Being the pivot of China Pakistan Economic Corridor, the influx of investments in the city is unprecedented.
Experts having a concrete background in the real estate sector have termed the city not only a game-changer for Pakistan but also a game-changer for the real estate sector of the country.
The rapid pace of development in the city has got the attention of key players in the real estate sector and their entrance into the real estate realm will be a win-win situation for the allied sectors.
Graana.com through this blog brings forth ‘Top 5 Areas to Invest in Gwadar’, as the city is transitioning from the early stages of development its value in the real estate sector is increasing day by day.
Sangar Housing Scheme
The first area on the list which is conducive to investment is Sangar Housing Scheme, Gwadar. Singhar Housing Scheme is one of the planned localities of Gwadar and has the potential to provide an amazing lifestyle to the people.
Singhar Housing Scheme is situated beside South Avenue and is the best locality in Gwadar. Those who want a residence closer to nature and want limitless views of the sea can find a permanent solution in this housing scheme.
The prominent features of the locality are
- Gwadar public park is situated in the vicinity of the Singhar Housing Scheme
- Gwadar Cricket Ground is approximately to the locality
- The area is considered a bay area
- A well-planned community
New World City
New World City is another locality in Gwadar with suitable options for investing in commercial and residential projects. New World City is situated between Jinnah Avenue and Airport Road thus getting an approach from the two main avenues of the city.
The areas adjacent to New World City include the GDA Employees Co-operative Housing Society. One thing that is often said about New World City is that it is also going to include high-rise commercial buildings.
A few of the prominent features of the locality are as below
- The locality can be accessed from two major avenues
- Availability of all the basic amenities
- The society is equipped with the sewerage system
- Gwadar Airport is also situated near to the locality
GDA Housing Scheme
Gwadar Development Authority (GDA) Housing Scheme is also situated on Jinnah Avenue and can also be accessed via Airport Road.
The housing scheme is one of the planned schemes of Gwadar city which can meet the needs of people looking to buy commercial or residential properties in the city. The localities situated approximately to the GDA Housing Scheme include New World City.
The prominent features of the locality are as follows
- GDA Hospitals can be easily accessed from the locality
- All the basic amenities are available in the area
- Education facilities are available for example GDA, and schools can be easily accessed.
- All the basic utilities are available in the locality
New Town Housing Scheme
New Town Housing Scheme is a governmental project comprising both residential and commercial plots. New Town Housing Scheme is a settled locality and more than 50pc of its area is populated.
The locality can be accessed via Jinnah Avenue and the locality has a dedicated area for commercial buildings. Similarly, New Town Housing Scheme is one of the settled areas of Gwadar.
A few of the prominent locations are as follows
- East Bay Park is approximately to New Town Housing Scheme
- The locality is also a bay area of Gwadar
- All the basic utilities are present in the locality
- The fuel station is also approximately to the locality
Gwadar Industrial Estate
Gwadar Industrial Estate is a commercial project of the government of Balochistan having numerous opportunities to invest in. The Industrial Estate provides opportunities to investors looking to invest in small, medium, and large enterprises.
The industrial estate is situated adjacent to Makran Coastal Highway thus providing easy access for logistics and for the convenience of investors.
Some of the prominent features of the locality are as follows
- The locality can be easily accessed via a coastal highway
- The locality has numerous investment opportunities
- Transport facilities can be easily accessed
For news and blogs, visit Graana blog.