When it comes to investing in real estate one might wonder where the next boomtown is and whether it's affordable. Well lucky for all of us Gwadar is that city we have all been seeking. Over the last ten years, Gwadar has witnessed immense growth as far as real estate development is concerned. Projects like Globbiz Avenue and Naval Anchorage have attracted the attention of investors from the country and abroad.
The Gwadar Development Authority (GDA), the government body that monitors and regulates all the developments and land use in the city has launched a huge number of infrastructure and property development projects, most of which come under the China-Pakistan Economic Corridor (CPEC).
Gwadar’s real estate saw an upsurge after signing the China Pakistan Economic Corridor (CPEC) an agreement under Belt and Road Initiative (BRI) which has led to the fast development in the port city Gwadar. The frequency and nature of investment activity have not been consistent over the years, but the CPEC-related projects continued to help Gwadar in becoming the world’s most modern port city.
Since the Gwadar port city is relatively new then the rates of real estate here would relatively be lower than the other cities or markets. The point to be noted here is that all the other cities like Lahore, Karachi, Faisalabad, Multan, and Islamabad is already crowded and real estate has hefty prices and is not affordable to invest in for everyone.
Let us talk about where one can invest in Gwadar. There are multiple societies in Gwadar to choose from and are detailed below.
Naval Anchorage
Naval Anchorage Gwadar is a gated and secured residential society being developed near Zero Point Gwadar. This project is spread over an area of 1,450 acres, out of which at least 100 acres of land have been set for parks and green spaces. It is also the first-ever residential scheme launched by the Pakistan Armed Forces in port city which is drawing real estate investors and home buyers at the same time.
According to the Naval Anchorage Gwadar map, the society consists of Sectors A, B, C, D, E, and F promising the latest amenities and facilities one can expect to form Defense Housing Authority. Apart from residential plots, the project will also feature a wide network of commercial zones, practical roads, and boulevards, educational institutes, recreational spots, mosques, parks, children’s playgrounds, and healthcare facilities.
Much like Naval Anchorage in Islamabad, this residential scheme in Gwadar also aims to provide a standardized luxury lifestyle. It also has the potential just like DHA societies to offer a promising return on investments. Here are some of the nearby places to Naval Anchorage with their reach-times.
· New Gwadar International Airport: 25-minute drive
· Golden Sand Beach: 5-minute drive
· Marine Drive Gwadar: 15-minute drive
· Jinnah Avenue Gwadar: 20-minute drive
· GDA Hospital Gwadar: 25-minute drive
This is a budget-friendly opportunity in the real estate sector that one can consider at Naval Anchorage Gwadar.
Globbiz Avenue Gwadar
Are you looking to make a long-term real estate investment in Gwadar then look no further because GlobBiz Avenue Gwadar is your answer.
After the inception of CPEC, several renowned real estate developers have introduced state-of-the-art projects in the port city. These housing societies promise prospective buyers and settlers a standardized and luxurious lifestyle coupled with world-class facilities and amenities within unparallel prices. GlobBiz Avenue Gwadar is one of the projects that offer a wide range of residential and commercial plots to real estate investors and new home buyers.
Like our discussion on the investment opportunities in Naval Anchorage Gwadar, we are now bringing you a guide on Globbiz avenue housing society which is also approved and accredited by Gwadar Development Authority. Here is all you need to know about this mega-scale project, including its features, location, and much more.
A project of Gwadar Builders & Associates, GlobBiz Avenue is one of the most sought-after residential and commercial projects in Gwadar. It is located near the Central Business District and divided into phases – Phase 1, Phase 2, and Phase 4, all of which are currently in their developing stages.
Phases 1 and 2 are located on Marine Drive with the main boulevard crossing through. GlobBiz Avenue Gwadar Phases 1 and 2 are situated on each other’s side and spread across an area of approximately 186 acres. Globbiz avenue enjoys its scenic view of a 1.2-kilometer seafront that will eventually draw in tourists and beach life.
On the other hand, Phase 4 of GlobBiz Avenue is located on Balochistan Broadway, which is Pakistan’s growing hub of trade and commercial activities in the port city. After CPEC inception Balochistan Broadway is hot among those looking to make a huge buck with real estate investment in Gwadar, this specific phrase has managed to grab the attention of investors from across the world due to its specific location.
Since Phase 4 of GlobBiz Avenue is located along with Balochistan Broadway, the residents of Phase 4 will have comparatively easy access to Gwadar International Airport, shopping malls, banks, offices, parks entertainment centers, restaurants, five-star hotels, educational institutes, health care centers and more.
GlobBiz Avenue Gwadar will house beach resorts, as well as high-end commercial zones on Marine drive, main boulevard, and Balochistan Broadway. There will be separate low-rise commercial centers featuring smaller market areas, hypermarkets, and civic centers.
Grand City Kharian
Grand City Kharian is a residential society where nature takes you back to its core. With scenic views and greenery everywhere, this exotic community is a unique housing and standardized residential society, introduced for the very first time in Kharian.
Grand City is a secured and gated community, offering modern facilities. With stylish and luxury designs this society offers both premium and luxury living. For a standardized living, all facilities have been provided in Grand City society. The luxurious lifestyle of Grand City makes the dream come true of a beautiful city with eye-catching lush greenery with attractive commercial centers, health care facilities, educational institutes of international level, and wide family parks. This dream is soon available to people who are looking to invest in prime real estate in Punjab.
Amenities like restaurants, gymnasiums, community centers, party halls, and recreational places are important for the Grand City community to come together as a great society. Grand City has all the other important facilities like water supply, electricity, gas, telephone, and most importantly a practical, fail-safe modern sewerage and drainage system. If you are looking for all the above-mentioned qualities paired with international planning, sound construction pattern, and extraordinary standards of living, then Grand City Kharian is your answer.
If you are looking to invest in Gwadar real estate, or Grand City Kharian then feel free to contact us here.
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