Residential Properties for Sale in Fareed Town Gujranwala

Gujranwala, a city located in the Punjab province, is the 5th most populous city of Pakistan. It served as the capital of the Sukerchakia Misl state between 1753 and 1799, and is also the birthplace of the famous Sikh Emperor, Maharaja Ranjit Singh.

Gujranwala is the third-largest industrial centre of Pakistan after Karachi and Faisalabad. The development of the industrial park in the city has increased the importance of textiles, silk pipe fittings, electric fans, and tannery production. Moreover, it is the marketing centre of major commercial and industrial products like brass, aluminium utensils, copper, iron, and ceramics.

The population of the Gujranwala district is around 5.011 million. Most people are settled in the urban areas of this city. Gujranwala is highly dependent upon canal irrigation to produce wheat, cotton, rice, barley, and millet. It also produces a high yield of melon, rice, and sugar cane. In addition, some of the best surgical instruments in the country are also produced here.

Gujranwala plays a major role in supporting the national economy by contributing around 5 per cent to the total GDP. 

Buying a House in Gujranwala

As the city is considered a significant economic centre, Gujranwala opens doors to numerous employment as well as investment opportunities. 

Houses for sale in Gujranwala are located in secure neighbourhoods, like DHA Gujranwala, Bismillah Colony, DC Colony, WAPDA Town, Fazaia Housing Scheme, Jalil Town, Gujranwala Cantt, Madina Town etc. These areas offer some of the best options for individuals with different needs and requirements. 

Price Trends of Houses for Sale in Gujranwala

The price trends of houses for sale in Gujranwala vary depending on the amenities being offered, along with the location of the plot. The price range for 5 marla, 10 marla, and 1 kanal houses for sale in Gujranwala are as follows:

• A 5 marla plot for sale in Gujranwala can cost you somewhere between Rs. 25 lac and Rs. 1.3 crore.
• Investors are expected to pay around Rs. 55 lac to Rs. 3.5 crore for a 10 marla house for sale in Gujranwala.
• For a spacious plot of 1 kanal, the price starts from Rs. 1 crore and goes up till Rs. 5 crore.

Facilities in Gujranwala

The Gujranwala district offers numerous facilities and amenities to its residents. The houses available for sale are constructed according to modern styles as per the demands of the buyer. 

The biggest perk of buying land in Gujranwala is the city’s extensive rail and road network. The major cities of Punjab are only a short distance away; Gujranwala lies at the epicentre of Gujrat, Sialkot, Faisalabad, and Lahore – making it an especially attractive investment opportunity for business owners.

The prices of houses for sale in Gujranwala are increasing each year, but the amenities and facilities they are offering are well worth the investment. There is a continuous supply of water, electricity, and gas, and multiple road networks are paved throughout the city. Moreover, most housing projects in the city have mosques, parks, commercial areas, schools, and hospitals. These areas are also under surveillance throughout the day.

The rich cultural history of Gujranwala also offers plenty of heritage sites for tourists to visit. The Clock Tower (built in 1906) and the railway station of Gujranwala (built in 1881) are a couple of sites worth visiting. Moreover, the crime rate of the city is very low. This makes Gujranwala a safe city to buy a house in.

Other Reasons for Buying a House for Sale In Gujranwala

The weather of the city is mildly cold in winter, plus it experiences a lot of rainfall during the monsoon season, which keeps the weather pleasant in July and August.

Houses in Gujranwala are diverse in their construction, hence one can easily find a property suiting their unique needs and demands. Currently, there are numerous development projects underway as well, increasing the range of options available.

Buy a House in Gujranwala with Graana.com

The biggest property portal in Pakistan has listed hundreds of houses for sale in Gujranwala. Through Graana.com, you can directly connect with real estate agents in Gujranwala to find the right property for you.