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Gawadar enjoys the status of being the third deep sea port of Pakistan and has a special significance. It is situated on the southwestern Arabian Sea coastline of Pakistan in Baluchistan province. Gwader is one of the planned cities in Pakistan, which have been developed from scratch under an urban master plan.
Gwadar Development Authority’s vision is to make it a viable and vibrant, transit and transshipment port, along with an excellent recreational city and a bustling commercial center. This development began in 2003 and after this the population growth accelerated and is estimated around 85,000 and is expected to reach half a million in about five years.
Gwadar Property for Sale in Development
The port has become fully operational since 2009. A new shipbuilding center will be built there and a massive Defence facility will be constructed in the city to guarantee the security of the area. The Government is also planning to construct an Industrial Park to meet the demand for industrial plots in the port city. The prospects of economic growth are so high that Gwader has been termed as a “Special Economic Zone”
city of Gawadar and the industrial areas currently planned and foreseen. The special incentives regime will include general tax holidays, no VAT and generous benefits pertaining to business ownership and employment of foreigners. The main purpose of this concept is to accelerate both local and foreign developments in the area. It will in turn spur industrial development and port traffic and eventually create employment and uplift the Gawadar district of Balochistan.
The Best of Property for Sale in Gwadar
Property in gwadar port consists of Gwadar plot for sale, industrial warehouses, and commercial plots. All of these are great investment opportunities. Moreover, with the developmental projects planned by the Government, Gwadar property prices are expected to escalate by huge amounts. Now is the right time to invest in this locality and capitalize on the gains once the development is complete. Hence, in order to do so contact our verified real estate agents and trust them to seal you the best deal in town!