Building for Sale in New Town Gwadar

Gwadar is located on the southwestern coast of Balochistan. The city lies on the shores of the Arabian Sea and is opposite Oman. Gwadar was a part of Oman from 1783 till 1958, when Pakistan purchased the Gwadar enclave from Oman and it officially became a part of the country.

Over the years, Gwadar has transformed itself to become an essential hub for South Asian trade and investment. With the inception of the Pak-China Economic Corridor (CPEC), the strategic value of Gwadar has significantly increased. 

Since Gwadar is a dry port and a gateway to key markets in Asia, the area has received an increased amount of Foreign Direct Investment (FDI) over time. Moreover, China has brought Gwadar on to the international landscape by incorporating it into its One Road One Belt project.

Gwadar has been in the limelight since the inception of this mega project. It is on its way to become one of the biggest economic hubs of the country. A number of industries have been set up here too – far away from the city centre, making it an environmentally-friendly city – thus, marking it as an attractive spot for businesses all over the world. 

Types of Houses for Sale in Gwadar

Gwadar has quickly become home to several real estate and development projects in a short period of time. Numerous housing schemes and commercial projects have sprung up in the city, as a result of which prices have spiked and there are opportunities for massive Return on Investment (ROI).

The variety of houses, plots, and apartments available for sale in Gwadar include 5 marla, 10 marla, and 1 kanal options.

One of the most strategic locations to buy a house for sale in Gwadar is the Makran Coastal Highway. Along this coastline, some of the most premium housing societies of Gwadar can be found, namely Gwadar Golf City, GlobBiz Avenue, and the Naval Anchorage Gwadar.

Facilities in Gwadar

Gwadar is among one of the most well-planned seaport cities in the world. It provides fully- developed residences to its citizens, plus it also has an international airport. The city has been carefully planned to maintain a clutter-free society and ensure enough space for future expansion.

The Government of Pakistan has taken multiple steps to maintain the security of Gwadar, the most significant being that it has deployed over 9,000 soldiers of the Pakistan Army along with 6,000 soldiers of paramilitary force. This makes Gwadar one of the most secure cities in Pakistan to live in. 

It is expected that Gwadar will become a modern metropolis just like Shenzhen, one of the largest cities in China. This speedy development is offering multiple business opportunities and creating thousands of jobs. Furthermore, Gwadar has a highly developed infrastructure, and an efficient energy and transportation sector to benefit from. The air traffic in Gwadar has increased by 20% and a new international airport is also in progress to handle the rising cargo and passenger traffic in the city.

Schools, Universities and Hospitals in Gwadar

Since Gwadar is still in its developmental phase, the educational sector is still in its infancy. Certain projects in Gwadar are funded by the China Foundation for Peace and Development (CFPD). The China-Pak Gwadar Faqeer Model School has been completed by the same foundation, and has modern support facilities. The organisation is also going to build additional schools and universities to boost the education sector of Gwadar.

The health sector of Gwadar is also improving. Recently, the Red Cross Society of China constructed a 100-bed hospital to provide necessary medical services. A China-Pakistan Friendship hospital is also to be constructed on 68 acres of land. This hospital will have medical blocks, laboratories, and other allied facilities. 

Price Trends of Houses for Sale in Gwadar

The prices of houses for sale in Gwadar depend on the size, location, and amenities being offered. Based on these factors, the price range for 5 marla, 10 marla, and 1 kanal plots in Gwadar are as follows:

• A 5 marla plot is available in the range of Rs. 60-80 lacs.
• The price for a 10 marla plot for sale in Gwadar starts from Rs. 90 lac and can go up till Rs. 2.5 crore.
• The price for a spacious house of 1 kanal starts from Rs. 2.5 crore and can go till Rs. 4 crore.

Buy a House for Sale in Gwadar with Graana.com

The smartest property portal in Pakistan has listed thousands of houses for sale in Gwadar. Through this portal, you can directly connect with real estate agents in Gwadar and buy the right property for you. There is no doubt about the fact that Gwadar is an ideal place to buy your next house since it is not only an economic hub, but also has an abundance of business opportunities.

All major investors and developers in the country have an eye on the development of Gwadar. The city has numerous opportunities for transportation, entertainment, and recreational activities.