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Posted by admin in CPEC, GDA, Gwadar News, GwadarAuthorityDevelopment on January 8th, 2020
Gwadar’s first LPG (liquefied petroleum gas) Terminal was inaugurated on Tuesday, marking the beginning of a new era of economic development in Balochistan.
The terminal was inaugurated by the Chinese Counsel General in Karachi Li Bijian. It started the operations with the arrival of Sahar Port, carrying 3,900 metric tons of LPG from Muscat.
Read more: Checklist For Buying A Plot In Gwadar By GDA
“Today a new era of economic development has commenced from Balochistan’s port city Gwadar as International LPG trade starts,” Li said while addressing the inauguration ceremony. The terminal would spur economic activities in Gwadar which would benefit the local population through the creation of more jobs.
Deputy Commissioner of Gwadar retired Capt Mohammad Waseem, the GDA chairman and the CEO of Al-Qasim LPG Terminal lauded the initiative, saying Gwadar was going to turn into an international economic hub in near future.
“A new international airport is being established in Gwadar and power plant projects will speed up development in the port city,” Mr Waseem said.
Posted by admin in CPEC, Gwadar International Aurport, travel Gwadar on November 22nd, 2019
The construction of Gwadar New International Airport Project (GNIAP), a key project under the China-Pakistan Economic Corridor (CPEC) framework, has officially been launched and at present, the construction work is progressing in an orderly manner.
The design and construction of the new airport are in line with the International Civil Aviation Organization (CIAO) standards. It is the project with the largest amount of funds since the founding of the People’s Republic of China, with a total investment of nearly 1.7 billion yuan
The airport will be capable of handling both domestic and international routes including ATR 72, Airbus, (A-300), Boeing (B-737) and Boeing (B-747). Also, the new Gwadar International Airport will be able to cater to the largest passenger airline in the world, Airbus A380.
After the completion of the Gwadar New International Airport, it will become a landmark building for the modernization of the Gwadar region.
The project is highly significant for Gwadar City’s development. It will lay the foundation for the enhancement of China-Pakistan economic and trade cooperation
Posted by admin in Gwadar Materplan, Gwadar News, GwadarAuthorityDevelopment on October 13th, 2019
The government of Balochistan on Thursday unveiled the Gwadar Master Plan 2050, which stipulated that no old neighborhoods of the port city would be relocated while restoring the historical sports and old status of the city.
The Gwadar Master Plan has been approved by the provincial government that would be enforceable till 2050, following which the Gwadar Development Authority (GDA) would start new development projects in the city.
You can check masterplan at the official website of Gwadar Development Authority: http://www.gda.gov.pk/masterplan/
Posted by admin in Uncategorized on September 20th, 2019
With all the prominence and fame of the CPEC, Pakistan is surely experiencing a high-level of economic development and growth. The real estate sector of Pakistan is the one that is blessed the most.
Among many prominent projects, the Gwadar Port is one of the most significant developments in the CPEC project. The Gwadar deep sea port is becoming the hub of international business and is thus successfully grabbing the attention of the international community and investors from all over the globe. This port is believed to be having a direct and prominent impact on the development of Pakistan on the whole and is expected to boost the economy of Pakistan visibly.
Considering the potential of the project the Pakistan Navy has come up with amazing development ideas among which the Naval Anchorage Gwadar is the most appreciated. The Naval Anchorage Gwadar is a housing society in Gwadar that is under the supervision of the Pakistan Navy Benevolent Association.
The Naval Anchorage has already executed and delivered a number of high-quality projects in Islamabad. The Naval Anchorage Gwadar was initiated back in 2017 and the USP of the scheme is that it is offering a competitive rate for residential plots and is becoming a new world of accommodation for those who are willing to be a part of the Gwadar and take benefits from all of its residential and commercial potential. The Naval Anchorage is believed to be a lucrative opportunity for the investors who are interested in Gwadar port city.
The Naval Anchorage Gwadar is located at the junction of the Coastal Highway and the Rakshan Avenue. The Naval Anchorage Gwadar is located right at the zero point and is expected to cover about 450 acres of land. In the Naval Anchorage Gwadar, about 100 acres of land is solely dedicated to the greener including recreational parks and other green facilities.
Approved by the Gwadar Development Authority and the NOC, the Naval Anchorage Gwadar is an authorized plan with a vast area under the agreement. Apart from 100 acres of the total lands that are dedicated to green plans, the Naval Anchorage Gwadar is planned as a gated community. The developers at the Naval Anchorage Gwadar are keeping their expectations realistic and thus are not promising anything that they are not able to or are not possible to be delivered. However, in any case, the project is a healthy investment opportunity because of the direct involvement of Pakistan Navy.
For the role of Navy, the investors can stay optimistic that whatever is promised will be delivered sooner or later but for sure. Not only the Navy can be a reason for investing in the Naval Anchorage Gwadar, but it is offering everything that can make the life of a person convenience including; high-class health care facilities; recreational facilities; schools, colleges; universities and many other planned amenities likes shopping malls etc.
The salient features of the Naval Anchorage Gwadar include;
More than 100 acres of green spaces only
A residential project of more than 140 acres
NOC and Gwadar Development Authority approved
Airport located at the drive of 5 minutes
Akra Dam is located at about 8 km away
A gated and fully secure community
World class healthcare facilities
Self-sustaining amenities
A network of schools, colleges and universities
Secure and safe environment
Gwadar port at about 20 minutes’ drive
Jinnah Avenue at about 5 minutes’ drive
At the Naval Anchorage Gwadar the plots are offered in the division of 5 Marla, 10 Marla, 1-Kanal, and in 2-Kanal residential plots.
The Naval Anchorage Gwadar is surely an amazing investment opportunity. But the prices of the plots in here have fallen exclusively in the recent times. A few months back the prices fell for almost half of on what they initially started off. This case is more prominent for the cash files while the instalment files are not the same attitude. According to the financial specialists suggest buying less expensive plots or the one that are offering moderate rates at the Naval Anchorage Gwadar.
Because of the direct mix of the components, the Naval Anchorage Gwadar is believed to be a long haul of investment. In this way, if one makes a long haul inspection the Naval Anchorage Gwadar can confidently take as the right place for investment in or around Gwadar. At the same time, the Naval Anchorage Gwadar can fill in as a takeoff for your investment venture and will give you the response same as that of the Gwadar Port itself.
According to the experts, those who have monetary allowances to pay everything it is better to put their resources into the cash files and this suggestion is purely based on the extensive measures for the distinction in the prices at the Naval Anchorage Gwadar.
With the realistic expectations, the Naval Anchorage Gwadar has effectively included the easy to deal with paying more for the instalments for cash files at the Naval Anchorage Gwadar. For all the said reasons the lodging plan looks hopeful and come with the guarantee of the facilities that include medical services, and all other amenities and necessities for life.
For those investors who are looking to secure their investments, secure their future and make some benefits out of the invested amount in coming future, the Naval Anchorage Gwadar is surely a good option. Backed by the Pakistan Navy the project surely comes with a number of benefits and security to the investment. The Naval Anchorage Gwadar has huge potential and benefits for the investors’ and the new infrastructure projects can be developed in Gwadar in the coming future. With the fast-paced development of the CPEC and the Gwadar Port City, today is the right time to make a decision and take the first step towards securing your own property at the most prominent location like Naval Anchorage Gwadar.
Posted by admin in Uncategorized on June 8th, 2019
Gwadar is a port city located on the southwestern coast of the Balochistan province of Pakistan. The city is located on the shore of Arabian Sea and is about 700Km away from Karachi. Located near the border of Iran the Gwadar city is located to the east of the Persian Gulf and right opposite to Oman.
Form the history, the Gwadar was a small to medium size setting with the economy mainly based on the artisanal fishing. The strategic value of Gwadar was initially appreciated in 1954 when it was identified as a suitable deepwater seaport by the geological survey conducted by the United States of America. That survey was conducted on the request of Pakistan. At that time the Gwadar was under the possession of Oman.
Despite having the idea of the value of Gwadar, its actual potential remained unveiled up till 2001. By the year 2001, the initial construction of the Gwadar Port was initiated. With a net cost of $248 million, the first phase was inaugurated by General Pervez Musharraf.
After construction, the port remained under-utilized for a number of reasons including insufficient investment, security issues and the failure of the Pakistani Government to transfer land as per promised to the port of Singapore Authority (they were the port operators that time).
By the year 2015, China showed its intention of developing Gwadar port city with an investment of $46 billion under the name of CPEC (China- Pakistan Economic Corridor). China aimed to develop a One Belt- One Road with the idea to facilitate the trading activities using this road. The Gwadar is majorly featured in the CPEC project. It is also foreseen as a link between the Maritime Silk Road and the One-Belt, One Road project.
Almost $ 1.153 billion worth infrastructure is planned to be invested in the Gwadar city, apart from the major CPEC projects. The aim of this initiative is to link Western China with Northern Pakistan to this deepwater seaport. The Gwadar city will also be a site for storing transported floating liquefied natural gas that will be a part of the Iran-Pakistan Gas Pipeline Project.
With the changing time, sea politics is getting complex with the massive involvement of economic prosperity and commercial activities, on a global level. The Gwadar port holds huge economic and strategic significance for Pakistan and is the third important seaport of Pakistan after the Karachi and Qasim Port.
Being located at the cross junction of the international shipping and the oil trading routes, the Gwadar port has become of massive global advantage for all the economies of the world, including Pakistan. This is the reason why Gwadar is considered to be acting as a trade hub in Pakistan. with its direct link to three major regions of the globe stated as; South Asia, Middle East, and Central Asia, the Gwadar port will be a new investment opportunity that will have a positive impact on therewith of Balochistan.
With Gwadar, Pakistan will be able to explore minerals, gas and oil resources and hydrocarbons, etc. the port is also attracting a massive amount of tourist and foreign investors and can be seen serving as a foreign reserve and free trade zone. All these features will surely help and play a role in the prosperity of Pakistan. It can also help to enhance the commercial and trade activities in the country.
Read also: 5 Reasons You Should Invest In Naval Anchorage Gwadar
At the same time, it is believed that the Gwadar will make Pakistan be a monitoring part of the Sea Line of Communications that comes from the Persian Gulf. With a strategic leveraging of investments and opportunities, the Gwadar will open up doors for new opportunities of the people of Pakistan and will help them in their economic growth and stability via Trans trading activities and foregone exchange reserves.
Gwadar is also believed to be boosting up the co-operation of Pakistan with other political establishments of the world in terms of energy and oil resources. At the same time the trade, hotel industry, and the state revenue sectors will have a positive impact. As the Gwadar is offering tax-free trade and investment opportunities, it is successfully attractive for foreign investors to open up and invest in pipeline projects and economic plans.
The Gwadar port has massive strategic importance and is increasing the importance and value of Pakistan in a global setting and specifically in the region. Through the Persian Gulf and the Indian Oceans and Southeast Asia, the Role of Pakistan is enhanced. With its close locality to the Strait of Hormuz, it will be a roadway to supply 13 million barrel oil on a daily basis.
On its completion, the port is expected to open new vistas for development and cooperation in the region. The port is expected to offer facilities of transshipments, warehousing, coastal and transit trades, industrial as well as commercial facilities for international import-export trades. The above said are specifically referred to the Oman, UAE, Saudi Arabia, Iran, Iraq, China, Central Asian States, Qatar and other countries of the region.
The Gwadar port is also believed to offer a cost-effective, safe, secure and uninterrupted supply of natural energy. This uninterrupted supply will help all these countries to sustain and smooth industrial development and growth. With its geostrategic position, Pakistan will bridge the transportation gaps and will offer the shortest possible route for energy transportation. At that same time, it will offer the shortest possible route to the warm waters of the Arabian Sea.
With the partial technical and financial assistance of China, Pakistan has successfully completed the first phase of the deep-sea port in the Gwadar. The Gwadar port was initially inaugurated on the 20th of March 2007. A number of projects are already completed for about 50% and the rest of working is on the go. Phase 2 of Gwadar will include; a major cargo terminal; a ro-ro terminal, two oil terminals, and four container berths.
Decided as to up-grade the KKH as the upgraded road is believed to be providing a short route to the sea and will be superficially beneficial for the product manufacturers from China. The KKH is also believed to be serving as an overland route for trading between India and China. It will also facilitate Pakistan and China in terms of trade and energy improvement, development of the railway links, oil and gas pipeline linkage and the fiber-optic connectivity along the highway under one project.
Along the KKH a railway line is developed and will be connecting China and Pakistan and is considered as a vital part of the energy and trade corridor. The aim of this railway web is to facilitate the trade activities as well as transport energy in case other means are not operational for any reason. This rail track will be linked to Gwadar as Gwadar will be carrying the oil-refining as well as storage facilities.
The framework of the agreement on energy cooperation was initiated back in 2006. According to this agreement, an energy pipeline of 30-inch diameter will be installed from Khunjerab to Gwadar. This pipeline will pass through Awaran, Pir Muhammad, Khuzdar, Shikarpur, D. I. Khan, Kundian, Mianwali, Talagang, Pindi Ghraib, Fateh Jang, Haripur, Mansehra, Patan, Dasu, Chilas, Bunjil, Gilgit, Sust, and Khunjerab pass.
Top on the list is that with Gwadar, Pakistan can fulfill its energy needs and it can also secure benefits including; enhancement of trades with middle east and Cars; relations with the regional and neighbor countries will be improved; trades will be enhances; TAPI and IPI pipeline projects may lead to neutralized relations with India. Pakistan can also earn massive foreign exchange through transit fees and thus can improve its fore exchange reserves. With Gwadar port, the backward areas of Pakistan will improve gradually but significantly. There will be improvements in the literacy rate and the living conditions of backward areas of Pakistan and a lot of new jobs will come up due to foreign and local investments in the area. With the improvement in the overall economy, there would be an improvement in the hotel and tourism industry as well.
Read also: A Complete Guide For Overseas Pakistani To Invest In Pakistan Real Estate
It is amazing that a fishing village to yesterday is soon to become the hub of regional trade activities supplying Pakistan with the most needed support in all ways possible. The amazing significance of the Free Economic Trade Zone and the Gwadar Port is well known to the Government of Pakistan and is thus working on many different aspects of the idea to promote the value of Gwadar to international investors and to provide them will all what it takes to convince them of any kind of big or small industrial or residential investment. Expected is to have a brighter future as soon as the Gwadar Port is completely operational and playing in the field.
Posted by admin in CPEC, Gwadar News, Recent Development and construction in Gwadar on June 7th, 2018
Although a few years back the word Gwadar was not known to many but the past few years have changed the fact. Gwadar is one of the most spoke about cities of the world. Gwadar is a port city in the South-Western Cost of the province of Balochistan in Pakistan. The Gwadar city is located on the shores of Arabian Sea. The city is almost 700 KM away from Karachi (the largest city of Pakistan). Another amazing geographic fact linked with Gwadar is that it is near the border of Iran and is situated to the east of Persian Gulf- which is right opposite to Oman. In the past, from 1783 to 1958, the Gwadar port was in possession of Oman.
For most of the history, Gwadar remained a small size settlement where the economy was majorly based on fishing. The strategic value of the location was accepted in 1954 when it was pointed out as a perfect site to be used as a deepwater port by “US Geological Survey”. The potential of the Gawdar port remained unrecognized during different governments of Pakistan till 2001. In the year 2001, the construction of the initial phase of Gawadar was initiated.
General Pervaiz Musharraf inaugurated the first phase in the year 2007 with a net cost of $248 million. However, even after the construction, the port remained under-utilized for a number of reasons including security concerns, lack of investment, and the failure of management of the government in transferring the land as per commitment to the operator of the port which was “Port of Singapore Authority”
By the time Pakistan reached 2015, the government of Pakistan announced a patch up China to develop a mega project of CPEC (China Pakistan Economic Corridor) which was worth $46 billion. The project is believed to a part of China’s One Belt One Road program. “China’s Xi in Pakistan to cement huge infrastructure projects, submarine sales”. Gwadar is the backbone of the One Belt One Road project and about 1.153 billion dollars are said to be invested in the city as a part of the project CPEC (Wikipedia). The aim of this project is to link the Northern side of Pakistan with the Western side of China through the seaport.
Just like other parts of Balochistan, the Gwadar city also had some ancient roots that are not clearly approached yet. However, the city shows inhibition linked with the bronze age of the settlement. According to the studies, for a period the city was under the regime of the Achaemenid Persian Empire. The history claims that this area was conquered by the founder of the Persian Empire known as “Cyrus the Great.”
During his journey back to home, the Alexander the Great stepped their feet in the areas which are now known to us as Balochistan. The then consisted of inhabited and Dry Mountains. After the collapse of Empire of Alexander the area ruled by Seleucus Nicator who was one of the generals of Alexander. Later during 303BCE, the region came under the rule of Mauryan after the Seleucus made peace with Emperor Chandragupta.
After a millennium, the Arab-Muslims invade the region and in next century there were the areas was ruled by different powers. While for the next two centuries, the area was ruled by local tribes of Balochistan. From 1863 to 1879 the area of Gwadar remained to headquarter of the British Assistant Political agent and remained a Fortnightly port for British Indian Steamship Navigation Company. It also worked as the port for telegraph and post office. Later in the 1950s, the port was headed over to Pakistan.
Soon after the independence of Pakistan the Balochistan acceded to Pakistan and was allocated as a separate district. At that time Gwadar was not a part of Balochistan. Later in the year 1958, the Gwadar port and adjacent areas were handed over to Pakistan by Muscat. By then it was given the status of Tehsil of Balochistan. Later in the year 1977, the Makran District was upgraded and divided into two divisions named as district Turbat, Gwadar and Panjgur.
September 8, 1958, was that date when Pakistan purchased the Gwadar enclave from Oman for 5.5 billion PKR. The agreement signed stated two important clauses; the first one stated that Balochistan will offer an army recruitment platform for Oman as a result of which Balochis will establish a major part of Omani forces and secondly the resources of Gwadar will be developed in future.
In the year 1993, the Government of Pakistan conceived the plan to develop Gwadar as a major port city and connect it with a rail and highway network. Officially the construction of Gwadar started on March 2002 phase one of which was completed in March 2007. The port was inaugurated on 20th of March the same year.
From the year 2002 to 2007 Gwadar underwent some major developments. In 2002 the NHA (Pakistan National Highway Authority) started production of the 653 Km- long Makran Coastal Highway, this highway was meant to link Karachi with Gwadar via Ormara and Pansi moving on to linking it with all other highways in Pakistan. The project was completed in 2004. In the year 2003, the Gwadar Development Authority started planning and development of the Gwadar for which an authority with the name “Industrial Estate Development of Gwadar” was formulated to deal with the industrial activities. The three currently functional multipurpose berths of the deep-sea-port have a capacity to handle carriers of 30,000 deadweight tonnage (DWT) ). The construction started in the year 2004. By the year 2006, the Gwadar Development Authority conceived established and adopted the 50-year plan for the City of Gwadar. Later in 2007, the Civil Aviation Authority of Pakistan acquired a huge area to construct a greenfield airport that was named as the New Gwadar International Airport (Wikipedia).
Since a long time, China has an interest in Gwadar Port. In 2013 the China Overseas Port Holdings Limited assimilated the Gwadar Port. The Gwadar port is very important for China as about 60% of the oil in China comes from the Persian Gulf. This oil is transported by the Ships that travel for about 16,000 KM in the time duration of 2 to 3 months. This journey is full of risks including; bad weather, pirates, or political rivals, along with many others. It is also risky for the only commercial port of China that is located in the Shanghai. Gwadar will help to reduce the risks and distance limiting it to 50000 Km and can also serve China around the year.
China has remained fully involved in designing the project. It has provided about 80% of the cost of constructing the port. More than 500 Chinese workers are working on the port, around the clock.
China is keenly focused on setting up the Gwadar port because they find at advantageous in terms of saving time and security of import and exports. In this regard, China has paid 360 million USD to Pakistan for the expansion and the up gradation of the import and export processing around the year. The transportation will be done by Karakoram Highway China to Pakistan. The Government of Pakistan is highly committed to providing a secure base to China in shape of Gwadar. This will help Pakistan to secure the Gwadar port and to strengthen the Pak-China relationship.
The location and history of Gwadar have given it a unique yet interesting blend of cultures. The Arabic influence on the city can clearly be seen because of the strong impact of Omani era as well as the closeness with the Arabian Peninsula. The legacy os Omani can also be witnessed in the local population of which you can trace the lineage to Afro-Arab and the Zanj Slaves. These people came and settled in the area in the Omani rules. You can also find some remains of building constructed in Omani era.
Topography:
Gwadar is located on the sandy and narrow strip, with a natural hammerhead-shaped point linked with a coastline of Makran. The points of the port make two perfect yet naturally curved bays on each side of the point.
The North side of the city and the Gwadar Promontory is flat and barren. The Koh-e-Mehndi (the white clay) is a prominent exception that is raised sharply from the plans to the Northern-East of Gwadar. Followed by the mega earthquake in 2013, a small island was formed which is located almost 2 KM off the Coast (Wikipedia).
The Population:
The population of the city has increased for about 85,000 as reported in the year 2014. Majority of the people living in Gwadar have their roots linked with the Balochistan.
The Climate of Gwadar:
Gwadar has extreme hot and deserted climate with very little precipitation and massive variations in winter and summer temperature. The ocean had a great influence on the temperature that is lower in summer and higher in winter. On average the temperature in June remains 31 to 31°C while in winters it fluctuates between 18 to 19°C. The uniformity of the temperature is distinctive of the Coastal Makran region.
Also, the wind moving down by the plateau of Balochistan give a cooling influence, otherwise the winter remains pleasant. Winters are shorter as compare to summer. The Gwadar is located out of the monsoon belt. For this reason, it occasionally receives the monsoon rains in the summer season. While in winters there is heavy rainfall due to Western Disturbance. On average the annual rainfall is about 3 inches.
Gwadar serves as headquarter for Gwadar tehsil and Gwadr District. While the Gwadar tehsil is sub divided into 5 different union counsels on the basis of administration named; Gwadar Central, South Gwadar, North Gwadar, Pishukan, Sorbandar.
The Gwadar port can help China to work with around the clock active port with security and time efficiency. It will also offer China an attending post to observe the Indian naval activities around the Gulf of Aden, the Persian Gulf, South Asia and Central Asia. It means that it will cover the following regions; Central Asian republics, Caspian Region, Iran and Afghanistan. Among all these Caspian Sea is the most potential region in terms of monetary approaches. At the same time, it offers vital positioning to the area geographically. Iran is one of those countries that are supporting the development of the Port of Gwadar.
In the past, the economy of Gwadar has mostly remained dependent on fishing. However, with the passage of time and in recent times, the economy of Gwadar has undergone some major transformation resulting in the transformation is a small fishing village in the major Port city of Pakistan. It has helped in enhancing the communication links between all parts of Pakistan. The 1400 Km Trans-Afghan Gas Pipeline also known as the TAP will be linked from Turkmenistan to Gwadar port. It is believed to be a comprehensive project that will boost the Natural gas dealers of Turkmen to reach the market of South Asia that will lead to many financial benefits for the region overall.
Posted by admin in Investments, Naval Anchorage, Real Estate Property Guide on May 3rd, 2018
Investing in Gwadar is not simple and interesting as in any other part of Pakistan. There are a number of reasons to support this fact and one of the basic reasons that make the real estate investment in Gwadar a bit critical is that it has just started its journey. Although sprouting at the moment, the city is soon expected to be the leading international port city of Pakistan. Talking about the about all the potential the Gwadar port city project seems to be opening doors of amazing opportunities and filling up all the needs of international trading in Pakistan.
For all the said reasons the city seems to be transforming the infrastructure and giving a hope to many investors who are looking forward to earn some big amount in the coming years.
With all the potential, Gwadar port city is offering something that was never offered in Pakistan’s real estate market before. Thus we can see a number of potential challenges in this case as well. For this reason, we can clearly say that the Gwadar city investment is not same as of buying land in any other part of Pakistan. There is no such thing as earning quick gains.
According to the experts, the investors who are willing to invest in Gwadar must know that it will take many years to get what they are looking for or what they have been promised with. The process of earning ROI (return on investment) is a long-term deal. However, seeing occasional gains is another thing and is something that can be seen in many other projects in the pipeline. Also one cannot predict any specific pattern in this regard.
The experts also recommend that investors for Gwadar must not have any misconceptions or false assumptions about their investment duration in the port city or should not fall for any fake promises.Thus, investors who are buying lands for profits must not fall for fake and unreliable sources including agents and developers etc. Investing in open and bigger lands that are bound to increase their value is better than buying smaller pieces of land at higher rates. Here are some of the most common misconceptions about buying and selling real estate that is must to keep in mind while buying a land in the Gwadar.
The parts of the Port city, located far from the old town is not a preferred place for the buyers as there are no lands smallest than an acre in these areas. This is better when you have an open land owned by any local party and not by the government. The reason for this trend is the fact that the land owners have many acres of lands and from which only a part of the property lies on the road that are marked to become spacious and wide. These connecting roads are the real value of for the land owners.
In such cases, selling small pieces of lands is a bad idea and can earn limited or no benefits to the land owners. Selling smaller chunks facing the road will decrease the value of land that is a bit far from the roads and thus it can be a bad deal to sale the lands in smaller bits. For the said reason the buyers are left with no choice to sell bigger areas that, in some case is bigger than 50 acres.
However, if you are looking to buy a small piece of land in the Gwadar Port City, you must look for the areas that are a far from the main road. At times it has been found that the smaller lands are of expensive as compare to that of the bigger plots. Thus the choice is completely on your preferences for investment and your priorities.
As stated by the GDA (Gwadar Development Authority) the buyers’ need to verify their NOC issues for any specific project they are willing to invest it. This is of great importance as many of the land owners have sold their properties without having necessary approvals from the GDA.
While buying any open land, the buyers must also make sure that the land is available for resale. The GDA, in many parts of Gwadar, had banned the transfer of property. Thus the buyers must make sure that they are not scammed by paying for any such property.
The GDA recommends that when you are about to pay the token or advance money for the land you want to acquire, you must share the information in the newspaper or ask the GDA authorities if they have any issues with the land or not. Also, check if the land is available for sale/resale and authority transfer or not. Once you find that the land is safe for further proceeding, you can take an official with you and mark the land.
It is also recommended to the buyers to mark the area before closing the deal for buying this land. There are chances that during the process you find that the land is disputed. In any such case you must not proceed with paying the remaining amount until the matter is sorted out completely.
A most important ground reality is that no commercial or residential property in Gwadar is developing at a fast pace. The developers at Gwadar have no long-run plans or any clear time-frame for the completion of the projects. So if anyone says that the project will be executed and will be set to earn benefits in few years, they are probably lying. Even for a residential property buying, it is important to keep in mind that there would be need of a time frame of almost 5 years to complete the project. There can be some projects that would not be available for buyer’s complete possession even after 5 years. Thus important is to do a complete check and invest in the societies that are supported by reliable sources.
In a single line we can say that the decision depends on your priorities. It depends on your budget and you’re short as well as long run goals with this investment. However, here are some of the most appreciated investment areas that you may consider:
The Sanghar Housing Scheme is a fast, secure and well regulated society that comes with no legal complications. It is also a unique location of the Gwadar Port City. The scheme offers both residential and commercial plots that are a perfect choice for all kinds of mega projects like shopping malls and others.
The Naval Anchorage Gwadar is the best option for you if you are looking for a land approved by the Gwadar Development Authority, a gated community for your family settlement. The housing society is located right on the pinpoint of Rakshan Avenu and the Coastal Highway. The community is offered with a wide range of self-sustaining amenities for the residents and up to mark the health care facilities. You can also find a range of schools, colleges and universities to process your living in a better way.
The Airport Road Commercials is another perfect choice where the commercial activities are present even today. However there are some legal issues and minor irregularities in operations because of which it stands after the Sanghar Housing Scheme.
The Marine Drive Commercials is the next in the list of most preferred housing schemes. It will also be developing as a commercial hub soon after the airport. There is not any commercial activity at the location currently and there are some irregularities in the sale purchase process of land in this area.
The Jinnah Avenue Commercials and New Town Society are also reliable options with better profit opportunities in coming years. However, important is to visit the sites personally rather than just depending on the 3D images or any videos about the locations you are willing to invest it.
Working on ground realities can help the investors to make better decisions and make a deal that looks real. Investment in the Gwadar City is something that needs a lot of persistence and tolerance before it returns you amazing sum of benefits and earning opportunities. Remember, those who have the long run motive can earn the maximum reward.
Posted by admin in CPEC, Gwadar News, Property News, Recent Development and construction in Gwadar on March 15th, 2018
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.
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.
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.
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.
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.
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.
Posted by admin in CPEC, Gwadar News, Investments, Real Estate Property Guide on October 23rd, 2017
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:
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.
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.
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!
Posted by admin in CPEC, Gwadar News, Recent Development and construction in Gwadar on March 5th, 2017
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.
