Gwadar Central Development Status & Price Update
Since the development work of Gwadar Central has taken under responsibility by the renowned development firm Habib Rafiq Private Limited, it’s continuously and rapidly completing the development stages and there are some actual developments on ground which are necessary to be shared with our readers. There is no doubt about the shining future of Gwadar as an international port city, and this is the right time to enter the domain of “Gwadar Real Estate” when developments are at initial stage.
Gwadar Central is the first and only project till this time which is undertaken by Habib Rafiq Private Limited; a well-known name in the housing and development industry of Pakistan. The master plan of Gwadar Central was released last year when plots were balloted, and now comes the stage of physical development when HRL comes into play.
New Life Developers have committed to complete the development work and proposed to hand over possessions of current area before launching the 2nd and 3rd phases of Gwadar Central. The company has purchased adjoining land already for future extensions of the society. Possessions are expected to start from 2020 for its phase 1, while further developments will continue till completion of remaining phases.
Following is some of the reality on ground images of construction work at project site by HRL:
Gwadar Central had increased its residential and commercial plot prices by 20% about 2 months ago, when 50% of the project was sold out. The prices are expected to be revised again after 75% plots are booked, so it is a good opportunity to reserve some good location plots and earn short term gain.
The society offers 2 years installment plan, unlike the neighboring counterparts which offer 3 to 4 years installment plan. Bookings start from 20% down payment, but if you want to choose your plot number, you have to book with 40% down payment. Remaining amount is payable through 24 monthly or 8 equal quarterly installments.
Following is the current payment plan of residential and commercial plots at Gwadar Central:
We will keep sharing more development updates and progress of Gwadar Central from time to time. If you need any further information about Gwadar Central or you want to seek advice regarding investment in Gwadar, feel free to contact our realtor and keep visiting Jaidad Group.