Gujranwala: Following the immense interest generated by the ARY Laguna project being developed in DHA City-Karachi, the venture’s developers recently announced that it had signed an MOU to develop a second ARY Laguna project in DHA Gujranwala.
Popularity of ARY Laguna among local and overseas Pakistanis
The announcement regarding the development of the ARY Laguna project in DHA City-Karachi made incredible waves in the county’s property landscape. Beginning with local TV celebrities, a number of people were vying to buy as many of the apartment forms as possible in a bid to get a unit in the project. According to ARY Laguna Chairman Salman Iqbal, 55% of the project’s sales came from overseas Pakistanis.
If the market sources are to be believed then ARY Laguna platinum agents received non-stop calls from interested parties while the said forms were available.
Even if one was to discount some of these reports, the tell-tale signs of the popularity of the project were everywhere. So, it wasn’t a surprise that the ARY Laguna administration wanted to capitalise on their success, as they announced the development of a second ARY Laguna in DHA Gujranwala.
What do we know about ARY Laguna in DHA Gujranwala?
To put it shortly, very little. However, we have tried to gather all the available information about the project here for interested readers.
The administration of DHA Gujranwala signed a memorandum of understanding (MOU) on December 18 for what is being touted as the biggest lagoon in the world. According to the details available, an artificial beach will be developed with the help of modern technology which — to quote Mr Iqbal — will bring the sea to Punjab.
According to market sources, only an MOU has been signed so far and details about ARY Laguna in DHA Gujranwala have not been finalised or revealed as yet. However, it is being said that the project is expected to be launched sometime between six months to a year. The primary factor in this regard will be the progress made in DHA City Karachi. The developers of the project will be hoping to develop something substantial in ARY Laguna Karachi before initiating development work in ARY Laguna project in DHA Gujranwala.
As per the information available, both the Karachi and Gujranwala ARY Laguna projects are expected to contain a resort-style housing and commercial society set around an artificial beach.
The artificial lagoon will have crystal clear waters and white sand, and will be developed through modern technology. Meanwhile, the residents of ARY Laguna are also expected to get access to the private beach and a range of water sports facilities (among the project’s more ‘banal’ amenities).
ARY Laguna Karachi ki balloting kab hai?