Hyatt Villas Society Properties

Overview 

Pakistan purchased the small town of Gwadar from Oman in 1958, but did not begin work on the port until 2002. Gwadar is a deep warm-water harbor 470 kms away from Karachi and an ideal place for a new outlet to the Indian Ocean. China provided US$198 million for the first phase of the port, which was completed in 2006, but was lukewarm about further development. The project however picked up pace in April 2015 when China and Pakistan announced a 46 Billion USD package to develop CPEC and build infrastructure linking Gwadar to Xinjiang region in China. This has resulted in Gwadar property boom.

Importance

The Gwadar port is all set to become one of the biggest port cities of the world. Development of China Pakistan Economic Corridor (CPEC) will open new doors of development and prosperity in Pakistan. Every year multi trillion-dollar trade will happen through Gwadar. The port city will become the hub of world trade and is already attracting a lot of investors seeking Gwadar property for investment. Gwadar property prices have almost doubled in one last year and are continuing to rise as the development progresses.

It is important to understand that the infrastructure of Gwadar is developed to sustain heavy developments in near future. A good infrastructure speaks volume about things to come . GDA (Gwadar Development Authority) is working on development of residential and commercial areas in Gwadar . This is important because with the increase in port activity, a lot of people will move to Gwadar looking for new economic opportunities. This in turn will increase demand of the real estate in Gwadar. There are four different kind of Gwadar property investments we must look at .

• Residential Property
• Commercial Property
• Industrial Property
• Raw Land