Gwadar – “The Dream City” Is it Still an Ideal Real Estate Investment?
If we can close our eyes to the ongoing chaos in Pakistan and all sorts of conspiracy theories encircling the future of Balauchistan, for a moment, Gwadar would probably come out as the most lucrative real estate investment in Pakistan. Especially after the Gwadar port has started to function in December, 2008. Apart from Pakistan, the strategic location of this port is crucial to many other countries including China, India, Middle Eastern countries, and even United States, supposedly the uncertain situation of this region is a result of all these players jumping in to safeguard their own interests.
Required Wise Selecting Gwadar Properties and Real Estate is very important:
Gwadar real estate prices have already appreciated a lot in the last decade or so, areas like E.P.Zone, Jinnah Avenue, Near Tee More Port Area, And Properties with in Gwadar Master Plan and Approved Private Project by GDA with alloting NOC With Grade A. Those GDA Noc which ends with /B is very far so the future of those private projects are also forcase after 30 to 40 years. Or otherwise we can say the future of those NOC which obtain with mark /B is dark, etc. have seen a sharp rise in the price of land and properties. Many housing schemes are in their initial stages, Given that the overall situation in Balauchistan improves and become a little less uncertain, Gwadar is tipped off as another Dubai by many experts, as far as real estate market is concerned. As of now, it’d be a little too risky for small investors to invest in this region; however Gwadar is definitely a place to keep tabs on.
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