The city is unique; it lies on the junction of many important districts of the province. If you check the city’s map, you will notice Gujranwala in the centre of the web that connects many important cities and districts of upper Punjab. It is this thorough connectivity that makes Gujranwala a business hub as well as a city whose real estate sector interests many. For this and many other reasons, property rates here have never really plunged.
If you wish to make use of the humongous potential of Gujranwala’s real estate and score brilliant gains on real estate investment, this update should interest you.
Real estate mavericks
Being home to some of the biggest name in the business sector, Gujranwala is also abundant in housing schemes. Many developers here do realise the importance of going by the book when it comes to launching real estate projects. In other words, the financial backing of local real estate developers is strong.
Furthermore, delivering the committed services is the basis of any business, and this is even more important when it comes to investing such huge amount of money. If some of these developers from Gujranwala decided to head to bigger metropolises, they will push up the competition and give a real tough time to builders known for lingering up their projects for no good reason.
Current market trends
While investors in many parts of the country are still to decide if they should invest in the property sector under the current circumstances, those in Gujranwala make such decisions based on ground reality and also by considering factors of immediate importance.
Many real estate projects here currently pose great investment prospects and Gujranwala’s property buyers don’t wish to waste time waiting for related factors to straighten up before. Only savvy businessmen can take such calculated risks.
Currently, the city is brewing with investment potential for investors and reliable options for the end users. The vicinity of Rahwali Cantt appears to be the centre of this activity. If you have lately checked Gujranwala’s map on Google, you would also noticed that the city is expanding northwards.
Potentially rewarding options
According to our sources, property transfer in DC Colony has lately been resumed. This has created a bit of a buying rush as people have been waiting for quite some time for it. Along comes the prospect of investing in DC Colony Phase III, where rates are much lower in the absence of development work.
At the same time, short-term traders are also anticipating an announcement from Defence Housing Authority Gujranwala regarding balloting of 10-marla and 1-kanal residential plot files. This also accounts for the sudden rise in market value of both affidavit and allocation files. This demand is going up further and beyond.
In addition, improvement in infrastructure of Gujranwala Cantt’s Allama Iqbal Town has also turned some heads. The administration here is currently busy laying new infrastructure of roads and sewerage and then it will head to developing the non-developed parts of the project. The difference of rate in developed and non-developed Allama Iqbal Town is huge and it is only a matter of month before this gap will be reduced.
What should you do now?
If you aren’t stationed in the city, the first thing you can do to benefit from the current state of real estate affairs is to invest in DHA Gujranwala. And if you know the city well enough, you can also go for buying residential plots in DC Colony Phase III. Gujranwala’s residents should go for buying plot files in DHA Gujranwala and residential plots in Allama Iqbal Town’s non-developed part.
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