Insights Into Real Estate Development In Gwadar
After the advent of China-Pakistan Economic Corridor (CPEC), Gwadar has gotten limelight especially in the real estate sector of Pakistan. The location of Gwadar port makes it a strategic point for the region and it is crucial in the reformation of the old Silk route under the slogan “One Belt, One Road.” Gwadar and CPEC do not solely aim at connecting only Pakistan and China but a network of over 60 countries. This will have a huge favorable economic impact on the region and will be pivotal in the development of Balochistan. The imperative nature of Gwadar in the CPEC makes it an attractive option for real estate investment and people from all over Pakistan are considering Gwadar to invest in real estate.
Projects worth billions of dollars are being developed across Pakistan and a considerable portion of these projects is located in Gwadar. Projects that are located in Gwadar are Gwadar international Airport which will be the largest airport in Pakistan, Gwadar-Nawabshah natural gas pipeline, Gwadar East Bay Expressway, coal power plant and fresh water distribution and treatment facilities. Other projects that are spread across the country include Havelian-Islamabad link of Karakoram highway, wind farm, solar park and mining blocks in Thar area. Furthermore, there are over 30 more projects that are being proposed and work on them will commence shortly. With all the projects underway, Gwadar is poised to be one of the most developed cities in Pakistan.
One of the key places to invest is The Gwadar Central which, as the name implies, is a residential project that is located right at the center of Gwadar city. The housing scheme has gotten approval from Gwadar Development Authority (GDA) and features a score of amenities, making it a posh residential area with accessibility to the entire Gwadar city. What makes The Gwadar Central a residential project of great importance is its inclusion in the category A of the master plan of Gwadar. The residential project is located at the junction of three main highways: Sarawan Avenue, Coastal Highway and Buleda Avenue. It will also have schools, mosques, hospitals, parks, shopping areas, community club and 24/7 security. The central position of The Gwadar Central makes it a lucrative investment for years to come.
For properties listed for sale in Gwadar, you can visit OLX Pakistan’s website to discover your options from a wide variety of offerings from the comfort of your home.
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