None of us have forgotten how Gwadar became the real estate highlight of the 90s and early 2000s, and convinced many investors with its mind-blowing potential to purchase land in the area that was to become the region’s most happening city. It seems like many years passed before we could see this dream meeting its realisation, but it was meant to happen sooner or later.
Gwadar, a deep, warm water seaport of the Arabian Sea, is the most convenient port for many important trading countries in the region, China being the most prominent one. The funnel-shaped Gawdar is nature’s gift to Pakistan and its location is of paramount importance in regional trade. Considering its importance, Pakistan, in collaboration with China, has achieved various milestones in the planned development of Gwadar, including the completion of Gwadar Port, which opened in March 2007.
Gwadar has been declared the winter capital of Balochistan and it is one of the few planned cities of Pakistan, others being Faisalabad and Islamabad. The master plan of the city was approved by the Government of Pakistan in 2003, which includes the development of road infrastructure, related public facilities, industrial parks and special economic zones. The Gwadar project was handed over to China in 2013, who will develop a full-scale commercial port there. China is also offering grants and soft loans for the complete development of Gwadar into a port city.
China is the main stakeholder in the Gwadar project because the port there would reduce its shipping route from 16,000 kilometres to a mere 5,000, and offer a harbour that’s open and functional year-round. Pakistan’s neighbour Iran has also stepped forward to get its share of one of the most important developments in the region. Iran has announced that it will set up an oil refinery in the city with a $4 billion budget. Turkmenistan has also announced a $3 billion investment to lay a 1,400km gas pipeline to benefit from Gwadar’s economic promise.
Because of such massive developments underway aimed at transforming Gwadar from a fishing village to the most important economic zone of the region, the population of the city has already doubled and it is expected to reach 500,000 in the next 5 years.
Now we know why everyone was so excited about investing in Gwadar. It is still not too late, and you do have time to claim your piece of precious land in Gwadar. Maybe 5 years down the line, you might regret it if you didn’t.
Interesting insights Samra. If the security situation allows, Gawadar is definitely going to reach new heights of developments in the coming years.
Let’s hope Pakistan benefits from Gawadar in ways more convincing than those we have been able to gauge so far.
It’s great piece of info. My question is how can one invest or look for investment opportunities in Gwadar since law & order situation isn’t very good there. Also, most of the property dealers and companies that offer investment opportunities in Gwadar are scam.
You are right about the scam part. About law and order situation, things will improve when people will understand the benefits of this port, and until that happens, our security forces will do a fine job.
Let me see if i can find some trusted estate agency dealing in Gwadar property.
Hi Amir K,
If you wish to seek information about property in gwadar, please contact Mr Nasir Jamal, he represents a real estate agency trusted by Zameen.com.
Mr Nasir Jamal
Developer Associates
developersassociates@hotmail.com
03008214111
+92-21-35348983, +92-21-35348984
Hi Samra,
Thank you for your help! I’ll contact him to get more info. Once again thanks for your help!
Hi Samra,
Thanks for writing about Gwadar. I wonder if you could also provide some details to find potential fraud free properties and genuine point of contacts. Should we visit Gwadar to buy or it can be done remotely by overseas people?
Dear Muhammad Jehanzeb,
If you wish to seek information about property in Gwadar, please contact Mr Nasir Jamal, he represents a real estate agency trusted by Zameen.com.
Mr Nasir Jamal
Developer Associates
developersassociates@hotmail.com
03008214111
+92-21-35348983, +92-21-35348984
Samra Zulfiqar pls tell the current prices in Singhar Housing Scheme of Govt of Balochistan in Gwadar. Do you think Sanghar i sa good investment?
Nawaz sahb,
Please contact Mr Nasir Jamal at 0300-8214111. He should be able to help you with the information required.
You can also reach him at developersassociates@hotmail.com.
Thanks Samra, keep giving us updated about gawadar port .
Thanks Samra, please keep us updated about gawadar port .
What is the current and prospective status of DHA Valley, Islamabad (IRIS Block)? Kindly reply at pir1786@gmail.com as well. Thanks
Hello Samra,
I am a retired Overseas Pakistani, Ocean Scientist, have worked for Canadian and US Oil & Gas companies as Offshore Development Engineer, in Canada.
I started my Consulting Services in Ocean and Coastal Engineering and Renewable Energy Development.
I worked on Ormara Port Development as Canadian expert on its Feasibility.
Last year I visited Gwadar and I was impressed with security and the rate of development there.
I have dared to buy a house plot there. Initially it was in New Town Scheme, Block IV. Later my agent advised that Gov. is taking long time to do the sub-division, so he proposed me to change to another scheme near the down town. So I agreed but he has not sent me any solid documentation yet, though I have paid him the full price.
Hopefully, I am OK, because the agent and his family is well known to me and also a relative of mine.
Now that I am retired, I want to start build my home soon and start my consulting Business in Ocean Environmental Advisory and install Wind and Solar Power Generation business.
Can you advise, with your experience of the are, if I am on the right track ?
REGARDS
Syed Iqbal Haider, M.Sc; Pg.D; MASCE,
President: EIC(Canada)- Enviro Impact Consultants, Canada
Cell: +1 226 218 3446
Hello Samra
Very useful information. Here in US what i hear is lot of talk but no real development in Gawader, i am travelling to Gawader in few weeks to really see for myselfand if i meet like minded people there to make some investment for our next generation, i have a business here as well as in Pakistan, agree Gwader is the next big thing in that part of the world
samra
very useful info, here in US we hear lot of talk but no development in gawader, is that correct statement, i am travelling to pakistan an dplanning to take a trip to gawader and see for myslef and look for opportunities for next generation.
i plan to introduce new concept of steel building construction in collaboration with a chinese company that specializes in it, i think Gawader could be the right place
good information and thanks, travelling to pakistan and plan on taking a trip to gawader seeing for myself, if you can share some names that will help, not sure if this person nasir jamal still there.
I am an engineer and business person, intend to introduce steel building construction concept i think gawader could be the right place to try, rest of the word is 65% steel 25% concrte, so this concept shoud take hold, cheaper, faster, smarter structures