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Here we have a couple of good news for investors who’re looking to invest in Gawadar. The Deputy Commissioner Gawadar and sitting Project Director of Sangar Housing Scheme have issued two different notices a few months ago. The first notice rule out the rumors regarding the development plan of Sangar. The notice ensured that the development work is ready to commence in Sangar Housing Scheme.
The other notice asked people to apply for NOC and building approvals to begin construction on their plots. However, this is only applicable to the residential plots in phase I and commercial plots in Phase IV. After the notice, we’re expecting the boom in project’s market as it raises the customers’ interest, and so will the prices.
Currently, the market for Sangar is relatively slow. Prices aren’t actually making a falling graph but they aren’t seeing an upward trend either.
Talking about the overall trend of clients and demand in the real estate market of Pakistan, we can say that the demand is low at the moment. Same goes for Sangar and other projects in Gawadar. Despite this fact, the reasonable demand for Sangar still exists in the market. But the slow pace in overall country also affects this project along with others. Apparently, it seems like the market is gradually gaining stability and improving. On this grounds, we are expecting positive vibes from Sangar.
The current standing of prices in Sangar are as follows:
| Plot Size | Prices in PKR |
| 400 sq. yd. | 3,000,000—4,500,000 |
| 600 sq. yd. | 3,500,000—5,500,000 |
| 1,000 sq. yd. | 6,500,000—15,000,000 |
The 1,000 sq. yd. commercial plots in Phase IV fall between PKR 15 million and PKR 25 million.
Sangar is one of the few projects in Gawadar which is mostly developed. Most of the roads are completed. Electricity is also available in Phase I. Real Estate gurus are expecting the rapid progress in CPEC as well as different projects in Gawadar after the new govt. took charge.