Green Palms Gwadar is a hot investment opportunity for buyers who are interested to benefit from the highly profitable realty market of Gwadar port city. A project by Rafi Group, Green Palms Gwadar offers residential as well commercial plots for investment at a prime location of Gwadar City. Development in Green Palms Gwadar is also a major positive point for investment in this housing scheme, in addition to GDA approved NOC status.
Green Palms Gwadar is located on the Coastal Highway, which is a major route to several trade activities. Green Palms Gwadar is located near the main Gwadar Sea Port, Gwadar International Airport and Balochistan Secretariat. The total land for the housing scheme is nearly 300 acre and is situated in Mouza Mouzani.
Plot Size | Price |
5 Marla | Rs. 875,000 |
10 Marla | Rs. 1,375,000 |
1 Kanal | Rs. 2,125,000 |
2 Kanal | Rs. 3,500,000 |
Plot Size | Price |
4 Marla | 3,000,000 |
8 Marla | 5,000,000 |
Although these are the latest plot files prices in Green Palms Gwadar but there are some plots files available at older prices as well. These plots files are not only economical as compared to current booking prices, but they also ascertain that investors will reap huge benefits from this project. Universal Property Network is in possession of some of these plot files from older booking in Green Palms Gwadar and we can help you invest in these low cost residential and commercial plot files. According to older booking of Green Palms Gwadar, total prices of residential plots are as follow
Plot Size | Price |
5 Marla | Rs. 700,000 |
10 Marla | Rs. 1,100,000 |
1 Kanal | Rs. 1,700,000 |
2 Kanal | Rs. 2,600,000 |
Commercial Plots
Plot Size | Price |
4 Marla | 2,000,000 |
8 Marla | 3,600,000 |
Plot Size (Sq. Yd.) | Total Price (PKR) | 10% Down Payment (PKR) | 15 Installments after every 2 months | 3-Years Payment 10% each (PKR) |
Residential Plot |
||||
5 Marla | 875,000 | 87,500 | 29,000 | 87,500 |
10 Marla | 1,375,000 | 137,500 | 45,500 | 137,500 |
1 Kanal | 2,125,000 | 212,500 | 70,500 | 212,500 |
2 Kanal | 3,500,000 | 350,000 | 116,500 | 350,000 |
Commercial Plot |
||||
4- Marla | 3,000,000 | 300,000 | 100,000 | 3,000,000 |
8- Marla | 5,000,000 | 500,000 | 166,500 | 5,000,000 |
GDA had suspended NOCs of almost all the residential schemes of Gwadar in October 2017. The motive behind such a drastic step was to force the owners and proprietors of these projects to start working on the development of housing schemes rather than the mere trading of plot files among the investor community.
According to a notification issued by Town Planning Directorate of Gwadar Development Authority (GDA), NOC issued to Rafi Group for Green Palms Gwadar was restored. Dated 3rd November, the notification states that the NOC issued to the developers of Green Palms Gwadar (i.e. Rafi Developers & Group) has been restored provisionally for a period of 3 years, starting from October 2017 to 1st October 2020.
GDA has also advised the developers of this project to start development work on the proposed land of the housing project. Quarterly inspections will be conducted by GDA to ensure the status and timely completion of development work in Green Palms Gwadar.
Development was already going steadily within Green Palms Gwadar that is why the NOC was restored within few weeks by GDA as well. The new push in development process caused by the temporary suspension will also be beneficial for investors and buyers who are interested to buy a plot in Green Palms Gwadar.
After this little suspension and uncertain period, development in Green Palms Gwadar has started picking up pace once again. Surveyors are meticulously working to finalize the entire housing scheme in accordance with the master plan. Demarcation for future road network has started and machinery has once again started leveling the ground for sustainable living of future residents.
To fast-track development process in Green Palms Gwadar, Rafi Group advertised to hire services of a premier land development company.
According to the advertisement published by Rafi Group, the development partners will be expected to complete following tasks:
Rafi Group wanted to partner with a reliable development company for this project in order to ensure interests of their buyers and investors. In order to ensure this, Rafi Group demanded documents like:
By April 2018, construction work was underway on the Grand Boulevard and Main Gate of Green Palms Gwadar by Rafi Group. Initial mud roads are being finished at rapid speed and it is expected that the main boulevard will be completed in next coming months.
If you are interested to buy profitable plots files of Green Palms Gwadar, then contact Universal Property right now.