An overview of upcoming housing schemes in Gujranwala

It seems that Lahore has run short of space to accommodate any more residential projects. Gujranwala, being the closest metropolis to Lahore, has become the new sensation for real estate developers. With some five new housing schemes announced in less than a year’s time, Gujranwala is currently enjoying the real estate limelight. DHA, Fazaia, and Master City are some of the most prominent housing projects launched recently in the city.

DHA Gujranwala

DHA has its name cemented in the real estate sector of Pakistan. It is one of the safest and most secure real estate developers of the country and is known primarily for offering handsome returns to property investors. The launch of DHA Gujranwala, which is a chapter of DHA Lahore, successfully became the real estate highlight of the city, inviting the interest of investors from adjoining cities, including Lahore itself.

As one of the prime residential projects of the city, DHA Gujranwala has promised to install its own power house within the premises and also built a golf course there, both of which are new for investors in Gujranwala. Although DHA does not require much advertisement to attract interests from investors, the absence of a marketing campaign has, however, caused quick and unexplainable ups and downs in rates of DHA Gujranwala files.

No real estate buyer and investor in Gujranwala has taken the DHA project lightly since every one there has seen how property rates in DHA Lahore climbed to surprise the investors. The potential of DHA projects is known and registered everywhere in the country.

Fazaia Housing Scheme Gujranwala

As compared to all the recently launched housing project in Gujranwala, including DHA, Fazaia Housing Scheme boats of a brilliant location. Its presence on the main GT Road near Rawalpindi and Lahore Bypass and Punjab University and Medical College Gujranwala is the main reason behind the popularity of the project. In addition to its fine location, Fazaia Housing Scheme also plans to build Air University and a dancing 3D fountain in its Gujranwala’s project.

The ground breaking ceremony of Fazaia Housing Scheme was held last year. After operating out of a container for some time, the main office of Fazaia has lately shifted to a purpose built building. The installation of Fazaia’s, a Mirage Fighter Jet, just outside the Railway Station, Gujranwala has also drawn public’s attention towards the project.

Despite launching a full-fledged marketing campaign, the development work at the site is slow. Nonetheless, the Fazaia Gujranwala management has shown keenness to speed up the development work. Despite getting into the debate on reasons behind the slow development in Fazaia, I would admit and appreciate that Fazaia Housing Scheme has earned Gujranwala real estate market a nation-wide recognition, attracting real estate buyers from Pakistan and overseas.

This project is likely to offer great returns to the investors who have the patience to hold their investment.

Master City

The real estate market of Gujranwala has been abuzz for quite some time about the news of the launch of Master City. All real estate agents of Gujranwala had stories to share about this upcoming project. Those rumours have finally died down with the launch of Master City and to the surprise of many, the project offers plots in sizes that suit all sorts of real estate investors and property buyers. These options in term of plots sizes include 3.5 Marla, 7 Marla, 10 Marla, 1 Kanal and 2 Kanal and by far it is the only residential project in Gujranwala offering so many options for investors to consider.

Master City’s plan and digital images that were shared recently with me, paint a picture of an exotic destination in Pakistan. The features and amenities it promises will leave with very little reasons to head to the finest leisure destinations in the world as the project plans to have a desert safari, a rink for ice skating and several other amusement attractions. The images of Master City I have seen are so fine that that if it is developed as planned, it would be no less beautiful than some fine European neighbourhoods.

Per my information, Master city is also the most expensive housing society of Gujranwala. The per marla rate there can only move the brave who don’t mind taking the risk of investing in a project that has taken more than usual for its official launch. Some other attractions planned for Master city include a rollercoaster. Master city will also have its own electricity production plant, which will keep the residents of this project safe from any load-shedding. Location of Master City is somewhat remote since it is surrounded by several villages located around the city.