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Property Evaluation discussions and advice
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Armaghaan Kh..
Intermediate
( 36 posts )
Name:
Armaghaan Khan
Rank:
Intermediate
Total posts:
36
Thanked:
9 Times
Real estate situation in gwadar
[27 Replies]
A friend of mine is interested in buying plots for investment purposes in gwadar. There are a number of websites, providing links and details about various plots. I suggested him to go look them up and connect with the real estate agents in the metropolitan cities to find out what’s going in gwadar. On the other hand, he insists on visiting gwadar, and wants to communicate with the real estate agents there, and then come to a decision whether it would be fine to invest there. I tried to convince him that not much is happening on the ground in gwadar. It is still living in 17th century and he would find nothing beside stones and few useless, rusting cranes standing there. The real estate agents who know about real estate in gwadar mostly live in karachi. Going there would be a sheer waste of time and resources. What’s your opinion?
352 days ago In
Property Evaluation
Post Answer
0
0
Real estate situation in gwadar
2
Ammar Khan
Expert Contributor
(246 posts)
Gwadar master plan was approved just 3-4 months ago and practical development is ongoing with a slow pace which is picking-up since the GDA has finalized rules and regulations which soon be published. Port is operational and Afghan Transit trade has been started from Gwadar. Need of residential and commercial projects in coming years is inevitable. There were some local issues for constructing Eastbay Expressway which are now resolved. Many buildings at and near port are complete and operational such as GDA club & beach resort, expo center, business complex, etc. Parks development is in progress. Water supply from Sour dam to Gwadar is started, plant farming projects are completed. Private housing societies are also playing their part in developing their areas, do you want Gwadar to look like Dubai in a single night? Don’t see Gwadar just as a real estate option, Gwadar is need of this country and our future.
351 days ago
0
8
Khalid Javai..
Expert Authority
(1133 posts)
Agreed with Ammar Khan, it's the best investing time in Gwadar, don't take it as common real estate investment, it's a rare opportunity, it will change our upcoming future In Shaa Allah.
Regards,
351 days ago
1
7
Zubair
Senior Contributor
(150 posts)
Realistic information shared by Mr. Ammar Khan. Gwadar investment is not bad provided the investor can hold his investment for at least 8 - 10 years. The selection of the project/area, where to be invested needs good research.
343 days ago
0
1
Aftab Khatta..
Senior Contributor
(124 posts)
Stay away from Gawadar. I have seen people wasted their money in Gawadar. Our Big brother will never want Gawadar to florish. My advice, just stay to DHA, rest is ur decision.
Property dealers will create air to make money but as a person, dont fall into that ditch.
338 days ago
4
4
Ammar Khan
Expert Contributor
(246 posts)
How can you deny the reality Mr. DHA as a person?
338 days ago
3
2
Ammar Khan
Expert Contributor
(246 posts)
One more thing to note, if you have visited GDA website to see NOCs of Gwadar societies, you would have observed that 90% of the societies whose NOCs were suspended around two years ago have renewed or revalidated their NOCs which is a very good sign for Gwadar real estate sector and the on-ground work is in progress in these societies. Short to mid-term future also seems good
http://www.gda.gov.pk/gda-offers-2/
336 days ago
1
3
Armaghaan Kh..
Intermediate
(36 posts)
Mr. Ammar Khan, you might be right. I looked up the Gawadar website and noticed many housing and industrial schemes, which have been validated by the relevant authorities. However, there are still many things which needs to be kept in mind. For example, the security position of Baluchistan, the abstract nature of projects in the sense that they exist in digital media and paper but not on the ground, the law & order situation of Gwadar? There are also fears that they might just let the Chinese govern the city. And to be honest, we are not very democratic but the Chinese are worse.
335 days ago
0
2
Khalid
Authority
(572 posts)
It's all about holding power and cold money which you can put aside. If you want to invest there invest money you can forget and makes you not that regretful if some un predictable situation arise in the future. Naval Anchorage sounds safe investment in gwadar. Private societies will not be fruitful as GDA will play with them anytime.
327 days ago
0
1
Imtiaz
Property Guru
(2052 posts)
Just in:
Ban on new constructions lifted in Gwadar after four years
https://www.dawn.com/news/1537312/ban-on-new-constructions-lifted-in-gwadar-after-four-years
327 days ago
0
1
SA
Beginner
(12 posts)
Please do not invest.Always invest near to where you live so that you can go n physically check n is easy to sell when you have to
327 days ago
1
4
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Name:
Armaghaan Khan
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