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Archive for category CPEC

Top 3 Housing Schemes in Gwadar, Pakistan

Since the inception of the Gwadar Port in Pakistan, the property investors have shown massive interest in this deserted city of Pakistan, hunting the best real estate deals in Pakistan. Further fuel added to the fire is the China Pakistan Economic Corridor. The project has also had an impact on the concept of Gwadar and it is believed to be a future hub of the international trade activities. For the said reason it is perceived as a huge opportunity for the property investors from across the globe.

Also read: Why You Must Visit Gwadar: Reasons That You Would Not Like To Miss Out

More and more investors are trying to be first in the rat race in the history of real estate in Pakistan. Some investors have acquired massive lands with an aim to launch a planned commercial and housing development. On the other hand, some have managed to reserve lands in most profitable projects like the one offered by the GDA (Gwadar Development Authority).

There are many commercial and housing projects that have come up in Gwadar in past few years. These projects have urged the investors to invest their money for a massive return on investment (ROI) in coming future.

At other instance, there are some government-sponsored housing projects named as New Town and Sangar which have earned some fast and massive return on investment. However, there are some private housing schemes that have shown their massive potential in recent times and people have started showing great interest in those schemes as well.

Benefits of Investing in Gwadar:

To present an overview and to point out the potential of the investment in Gwadar here are few reasons, enough to convince the investors to invest their money in Gwadar.

Government Incentives:

The Gwadar, with each passing day, is becoming one of the major international port cities of the world. Both provincial and federal government of Pakistan has their clear focus on the development of the area. With an aim to attract the investors, the government has established special industrial and commercial zones with precise tax remission and economical electricity in the area. The moment industries will start working in the area, the demand for the commercial and housing will start benefiting the property investors.

Higher ROI (Return on Investment):

If you compare the price of a per marla land in other cities of Pakistan with that of Gwadar, you will find that the rate is at its lowest at the moment (in most of the areas in Gwadar). Now if you review the pricing trends of Gwadar you can clearly see a surge in prices while a stable growth in other parts of the Gwadar. This situation is for a very limited time, sooner there will be new shapes according to the long-term plans. The moment the plan is executed and the basic infrastructure of the port city is built, the world will see a sudden surge in the prices.

Also read: Why To Invest In Gwadar?

The Contemporary Development Standards:

Gwadar is planned as an international port city and for this reason, it is developed with a focus to offer the latest state of the art technologies and modern development standards. The master plan of Gwadar is designed with experts keeping in mind all the future needs and with plenty of room for future expansions as well. The basic housing schemes at Gwadar are developed according to the directions of the GDA to offer the future residents of Gwadar with a clutter-free master plan housing society.

The Contemporary Development Standards:

Gwadar is planned as an international port city and for this reason, it is developed with a focus to offer the latest state of the art technologies and modern development standards. The master plan of Gwadar is designed with experts keeping in mind all the future needs and with plenty of room for future expansions as well. The basic housing schemes at Gwadar are developed according to the directions of the GDA to offer the future residents of Gwadar with a clutter-free master plan housing society.

Security is Guaranteed:

The role of Pakistani Army is no exception when it comes to talking about the stabilized security conditions in Pakistan. Just like other parts of the world the Pak Army has played a significant role in bringing peace to the Gwadar. Plus the Pak Army had taken over the responsibility of taking care of the situation and offering a peaceful environment to both local and foreign investors and professionals to facilitate them with steady and smooth development activities. And the presence of Pak Army is also believed to be a reason to protect the project and offer a secure environment that will boost the productivity of the plan.

For those who are interested in investing in the Gwadar, we would like to mention that there are a number of housing and commercial projects that are on board in the port city. Here are the top 3 most appreciated investment targets of the investors and each one is appreciated for a number of reasons.

1. The Sangar Housing Scheme:

Sangar Hosuing Scheme Gwadar

Located on the Koh-e-Batil, the Sangar is also sometimes spelt as Singhar Housing Scheme. This housing scheme is located on the southern side of the Koh-e-Batil. The prime attraction of this society is the Oman Sea Port and the Arabian Sea view. This place is also a home for the very famous Pearl Continental Hotel. Being one of the most recently established societies the investors are now granted the property possessions and are almost one of the most expensive residential scheme in Gwadar.

The housing society aims to offer the residents with a sustained and healthy development along with a vibrant place that can offer people with a strong infrastructure, state of the art housing and tourism and a comprehensive support for the development of the Gwadar City.

The project aims to adopt a balanced approach to integrate a sustainable development and incorporate secure values with the maximum use of the waterfront available around the location. It is also focused on high-quality architecture and amazing design elements to make it one of the most liveable places of Pakistan.

2. The New Town Housing Scheme:

New Town Gwadar

This one is a state-owned project and is undoubtedly an amazing choice for investment. The Jinnah Avenue is linked with this society. Apart from this easy approach, the Marine Drive is also linked to the society. This society consists of 5 phases. It has residential plots of all sizes, from 120 yards to 1000 yards.

The New Town housing society is regulated by the GDA and is offering massive opportunities for investment in both commercial and residential plots. The New Town also has an amazing sea facing commercial plots that are in the way to marine drive area.

The society currently has 4 phases and is situated in the center of the city. However, before buying a plot in this society you must look for the documentation and be careful during the entire process.

3. The Naval Anchorage Gwadar:

Naval Anchorage Gwadar

The Naval Anchorage became a part of the Gwadar real estate in 2017 and has overshadowed all the private housing societies in Gwadar since then. This housing society is sponsored by the Pakistan Navy Benevolent Association and is well known for its quality housing projects. It is also considered as one of the safest and the most advanced investment opportunity in Gwadar.

Some of the main reasons why you must invest in the Naval Anchorage Gwadar include; its background with the Pakistan navy, a strong background of housing development, safer investment, mega housing project, planned community, prime location near the zero point, demand in the market and higher ROI.

Be it residential or commercial, for all projects, the investment in Gwadar is a great opportunity for the investors from around the globe. As the CPEC promises to change the picture of Pakistan in coming years and opening doors to new opportunities and a brighter Pakistan.

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Why You Must Visit Gwadar: Reasons That You Would Not Like To Miss Out

A place which was not known to many in the recent past suddenly has now become an apple of everybody’s eye. Here we are talking about the next big thing, Gwadar. Gwadar is a port city located on the shores of the Arabian Sea, on the South-Western coast of Baluchistan, Pakistan. The city is in the news lately because of its immense trade potential. Gradually, Gwadar will evolve to become an important International transit point, connecting South Asia with Persian Gulf, Middle East, Central Asia and North-East Asia.

Gwadar, a major destination in the China–Pakistan Economic Corridor is soon going to emerge as an international city. It is planned to become a free trade port city. Gwadar – the lavish beauty on Earth offering the most eloquently beautiful landscape, blue sky, Arabian Sea and stern, golden mountains.  Let’s find out what has made it of so much importance. Here are few of the major reasons that would convince you to visit Gwadar, for at least once.

Natural Port:

Gwadar has a naturally gifted port. It is the third deep-sea port in Pakistan after Karachi Port and Port Qasim. It lies just 624 nautical km to the east of Strait of Hormuz, which is an important route of oil tankers bound for Japan and western countries out of Persian Gulf. Gwadar port would interface three locations, which are South Asia, Middle East, and Central Asia. One must visit there to see the naturally constructed port.

Trade Route:

CPEC is playing the vital role in the development of Gwadar. The construction of a deep sea port is just one component of the Greater Gwadar Plan. Under this plan, which will be carried out by Gwadar Development Authority, in addition to Gwadar port, a network of roads, connecting Gwadar with Karachi, Pasni, Ormara, and Turbat will be constructed in four phases. A noteworthy piece of its work project is centered on the most optimized plan of roads development, another framework, and building. You can see the trade route and the work being carried out for the economic corridor by your own eyes while visiting the city. ECO highway, Coastal Highway and other mega projects in road sectors will connect Gwadar free port with the Central Asian States, Gulf States, China and rest of the country.

Tourist Place:

The city, which was once a deserted place, is now frequently visited by foreigners, tourists, and Pakistani government officials. Not only that, tour companies have now started producing affordable Gwadar tour packages for the region, making Balochistan a lively place as it once was. Cool. Isn’t it?

It is going to be a tourist attraction soon because of its natural beauty, beautifully constructed coastal highway, clean blue water beaches, etc.
Still not finding it catchy? Let us now tell you about few of the destinations that might be of some interest to you:

Beaches: Gwadar has a 600km long coastal belt with beaches and bays. The beauty of green waters and the mind-blowing view of the sunset at the beach would leave you breathless and you would think as if you are in paradise. It is a perfect place to spend time with friends like beach parties, etc.

Hammerhead: Resembling the shape of the hammerhead shark, this mass of rock was created by the mud volcano that erupted.  Hammerhead provides a spectacular view of the Arabian Sea on its southern side and a breathtaking view of the Gwadar city on its north.

Princess of Hope: There is also a 740-year-old wonder, ‘Princess of Hope’ along the coastal highway. Located in the largest national park of Pakistan, princess of hope is another one of the major tourist attractions.

The Sphinx: Ever wondered how it would feel to see the wondrous sphinx in Egypt, up front and not in pictures? Gwadar has its own naturally carved sphinx, located on the top of the range; it exactly resembles the man-made sculpture. Its beauty and wonder have brought about many visitors from all over.

Buzzi Pass: Main reason to travel to Gwadar, is known to be the Buzzi pass itself. It presents us with the most spectacular scenery on each side. Fact about Buzzi Pass that is known to be famous is that Alexander the great passed by here and on tis pass, he lost many of his legions.

Desert: Passing by the Hingol river bridge, is the coastal semi-dessert that offers the locals and tourists a chance at desert safari on its sand dunes. It is yet again one of the reasons why the tourist gathering at Gwadar has increased.

Baba Chandrakup: Also known as Mud Volcano is a holy place for Hindus. Initially, the area covered by the mud volcanoes, there are now only a few left, one of them being Baba Chandrakup. While the volcanoes are supposed to spit out scorching rocks or magma, this mud volcano spits out COLD mud.

Astola Island: Also known as the “island of the seven hills”, it is famous to support a large breeding water birds and creatures. The highest point of the island is 246 feet above the sea level, providing a beautiful view of the Arabian Sea.

Investment Opportunities:

Everyone wants to double his money. Well, let us amaze you by telling you the fact that the land of Gwadar, which was previously considered to be inexpensive, is not a piece of cake to acquire now. People who had invested in the region have earned 500 times more! Yes, 500 times of the price of the property which they had invested in. This was one example out of several good opportunities still available. It’s never too late as the potential of growth is still there and is rising by the passage of time, so one can grab the opportunity and take a good decision to invest in Gwadar, be it for his business or any other reason. Visit the place and take a wise decision if you are thinking to invest in your future.

Job Opportunities:

Once a small fishing town along the Makran Coast, Gwadar is now set to have become a mega seaport city. The Gwadar port is expected to generate billions of dollars in revenues and create at least two million jobs. This will help in decreasing the unemployment ratio while having an increase in Pakistan’s GDP. It is expected that industries would be built along with CPEC route and big companies would also operate their business in the upcoming mega city which is good news for job seekers.

Not only this, there are some other interesting reasons that would attract you. To find out more about the beautiful city, now we think that you must be planning to visit Gwadar.

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GWADAR – Shrine to Investments

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Why to invest in Gwadar?

Since years, Gwadar had been a crucial subject in the news and politics. Investment gurus, politicians and analysts have been in serious discussions on whether Gwadar deserves all the attention. Though China was always an ally in the Gwadar project and the project itself seems a game changer for Pakistan, there were many who were not in favor.

After all the noticeable efforts by the government and the investors, Gwadar project took a major step in 2016. The Gwadar port was inaugurated and so the investment opportunities were set free for domestic and commercial purposes.

Gwadar, apart from its scenic and breathtaking views, is a great investment opportunity for individual investors domestically or commercially. The strategic importance Gwadar port holds, is not hidden from us. Here is why one should consider investing in this growing project:

Employment Opportunities

With development of motorways, the labor employment opportunities are already on rise. Once the development, constructions and transportation starts, the employment figure of Gwadar will rise. Gwadar port can be a major turning point for the economy of Pakistan as it would add thousands of jobs to the arena. It is believed to assist in settling the issues of poverty and terrorism. It will put a deadlock to unemployment in the region.

Tax Breaks to Investors

The foreign investors enjoyed a tax break of 23-year on all the investments in Gwadar. This was to encourage the foreigners to invest in the project. Now that Gwadar is all set to start and the investments from abroad are flourishing, the government of Balochistan is now awarding this opportunity to the locals as well.

The government has agreed to provide tax breaks to domestic investors in the industrial estate.

“Balochistan’s Chief Minister has assured us that he will declare it {the industrial estate) a free zone,” Waqas A Lasi, GM Finance of the Gwadar Industrial Estate Development Authority (GIEDA), said while briefing a group of journalists from Karachi.

These tax breaks will encourage the domestic investors to look forward towards the development of Gwadar and Pakistan and be part of the change. The more domestic investors will invest in Gwadar, the more economy will remain inside the country.

Gwadar Industrial Parks

With increase in the number of investments in Gwadar, the Government of Balochistan is working on the development of an industrial estate. The objective of the estate is to meet the demands of the industrials plots in the city. With the establishment of the city and the motor highways, the potential for the industrial development will increase. The estate will help those industries to set up.

The industrial parks are being developed for the small and medium size enterprises and not for the large-scale industries. These parks will provide access to common man to set up small industries in the place. The areas of business on which these industrial parks wish to focus are import and export, transportation, shipping, clearing and forwarding, textile and leather garments, building materials, construction, warehousing, repacking and shipment and others.

Gwadar Industrial Estate Development Authority (GIEDA) is the government body which is working on the development of the industrial parks.

The benefits to invest in Gwadar are immense, one just need to be clear on how to buy properties in Gwadar. Be part of a big change!

 

 

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Development in Gwadar in 2016

2016 was a remarkable time-period for Gwadar with amazing developments witnessed in the project. These advancements have altered the perception of all those who earlier were skeptical about the success of the project.

Chinese media reported that 16 early gather ventures, including a few power stations, roadways and ventures identified with Gwadar Port, are under development. A huge number of new occupations have been arisen for the neighborhood individuals.

A month ago, an exchange caravan sorted out by the two nations effectively went through the western piece of Pakistan surprisingly from the North toward the South.  The project is demonstrating the network of neighborhood streets and the acknowledgment of the idea of one passageway with numerous sections under the CPEC.

Saeed Chaudhry, director of the Islamabad Council for International Affairs mentioned, “Since the commencement of the CPEC, 2016 is the year when we have seen a project completed or start working. In addition to the Gwadar Port operations, PM Nawaz has also inaugurated several others projects in the country, especially in some routes in the western part of the CPEC. There are at least 39 projects, most them related to energy, where obvious progress has been seen during 2016”

Bilal Khan, a senior market analyst at Standard Chartered Bank, Pakistan stated that  the upgraded framework, for example, streets and railroads brought by the CPEC, the (GDP) development ought to increment from around 4.7 percent a year ago to around 6 percent by 2019, and remain around a similar level for 2020 in the nation. The CPEC will attract several foreign and domestic investors in both private and public sectors.

“The CPEC itself, for Pakistan at a bare minimum, offers a significant opportunity for the country to address its supply-side constraints, such as weak foreign capital inflow,”

“Before the CPEC, Pakistan’s economy was feeble and stagnant, and investors, even ones from Pakistan were reluctant to invest, but now the economic indicators of Pakistan have turned positive, investors from around the world are flocking to Pakistan, and the country’s economy has been given new life and is booming and full of future prospects.

Pakistan’s main issue is shortage of revenue and unemployment, but the CPEC will provide solutions for the both”

Towards the end of 2016, the Russian government coordinated with Pakistan in the farming and vitality divisions as broad chances of respective exchange exist between the two nations.

Talking amid a visit to the Bahawalpur Chamber of Commerce and Industry, Dedov said around 50 Russian organizations were enthusiastic to invest their resources in Pakistan.

He called attention to that Pak-Russia business discussion gatherings. It has geared up the exchange exercises. Pakistani and Russian businesspeople now could venture up business exercises on both sides.

With all those developments in the Gwadar project in 2016, the New Year 2017 seems to be a very promising year. The property prices for Gwadar has been increasing as investors realized the development arena of Gwadar. We soon will witness notable developments in Baluchistan and a significant boost in the economy of Pakistan.

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