Master City Gujranwala has been slowly developing into the housing scheme that it has always promised to be. Previously, the Sui Gas connection for Master City was approved. Gas pipelines are expected to be laid soon as well.
Master City Gujranwala promises to provide more than just basic amenities. The housing scheme has a food court and restaurants. One of the primary attractions of the food court is its laser park which is now featuring laser shows every weekend. The housing scheme also has a boating service in the canal along the society.
More recently, since our last update, the 3D dancing water fountain has also been completed. Moreover, other exciting developments have been taking place in the housing scheme. Read below to catch up on all the news you need right now!
Development, possession, and land acquisition
According to Hassan Basra of Kings Real Estate, the most exciting news from Master City Gujranwala is that land acquisition issues that had existed in Blocks C and D have all been resolved. This is a fantastic news for anyone who was awaiting their possession in either of these blocks because this means that possession in these areas is going to be available soon.
Meanwhile, development has been taking place and is nearing completion in Block B and possession can be expected there as well.
Finally, the bridge connecting Master City to the main road which was previously one-way but is in the process of being dualised, has also neared completion.
Investor cutting; overseas block balloting
A new cutting of 5-marla, 10-marla plots have also been announced that is available on investor’s quota. These are cash plots, with the 5-marla plots priced between PKR 1.9 million and PKR 2.1 million, while the 10-marla plots are priced at PKR 4 million.
Meanwhile, the news on the balloting of the overseas plot is that it is going to take place at the end of December, 2018, and plot numbers will be assigned.
Investment possibilities in Master City Gujranwala
The investor cutting offers an interesting opportunity for investment in Master City Gujranwala, where you can buy plots at relatively lower rates. According to Zunair Jamshed of Z.J Real Estate, you can also consider investment in the Overseas Block where balloting is to take place soon and plot numbers will be assigned. He said that it will be a long-term investment, but the margin for returns is high and the first jump when it comes – as it soon will – will be around PKR 1 million for the 10-marla plots.
Moreover, according to Basra, the prices of plots have been consistently increasing at a rate of around PKR 20,000— PKR 25,000 per marla each month during the entire past year. As a result, around PKR 500,000 to PKR 1,000,000 have been added to the prices of the 10-marla plots. Zunair offered a similar analysis and added that the optimum period for investment may be around three years, though the plot prices appreciate well on an annual basis. The investment prospects in Master City Gujranwala could not have been better.
Are you interested in investment in Master City Gujranwala? Do you have any questions about it? You can talk to us in the comments section. You can also head to the Zameen Forum for a detailed conversation.