Looking to buy Houses in Gujrat? Here is what you should know.
Buying a house in Gujrat
Gujrat, the capital of the Gujrat District, is located in the province of Punjab. It is the 20th largest city in Pakistan and is part of the golden industrial triangle — along with Sialkot and Gujranwala. This ancient city is located between the two rivers, Chenab and Jhelum, and is located midway between Islamabad and Lahore — 120 Kilometers and 174 Kilometers, respectively. The people in Gujrat speak Punjabi and only 1.1% of the population speaks Urdu. The city is considered amongst the pioneer industrial cities with export-oriented economies.
Moreover, Gujrat has mostly warm summers (where temperatures can go up to 45°C) and can fall to 2°C in the winters. The people in Gujrat also celebrate the anniversaries of many famous saints, namely Wengi Wali Sarkar and Kanwan Wali Sarkar. The famous Punjabi folk tale of Sohni Mahiwal also originated from this region.
Types of Houses in Gujrat
Gujrat has a variety of properties available for sale — from houses to plots, residential and commercial. There are 5, 10 Marla and 1, 2 Kanal houses available for sale. Options for furnished houses with high-quality fitting are also available. Most people in Gujrat prefer to live in a house than in an apartment/flat, hence there are more horizontal property-type options available for sale in the city. The main areas where you can find such houses are New Model Town, Shadman Colony, or the Gulshan Colony. The River Garden Gujrat, a new residential project, offers good investment opportunities due to its prime location — close to the Gujrat Bypass Road and the Grand Trunk (GT) Road.
House Price in Gujrat
When investing in real estate in Gujrat, it is important to take into consideration that the size of the house and its location may cause fluctuations in prices. The price of a 3 Marla house in Gujrat can be found from PKR 15 lakh to PKR 75 lakh. A 5 marla house in Gujrat might be on the market for PKR 50 lakh to 1.5 crore. The 10 Marla houses can be bought for around PKR 90 lakh to 2.5 crore. Larger properties of sizes 1 and 2 Kanal are also available for sale in the city.
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Sale Price Trend for Houses for Sale in Gujrat
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3 Marla
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PKR 15 lakh – PKR 75 lakh
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5 Marla
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PKR 50 lakh – PKR 1.5 crore
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10 Marla
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PKR 90 lakh – PKR 2.5 crore
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1 Kanal
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PKR 2.5 crore – PKR 3.5 crore
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Facilities and Security Situation in Gujrat
Gujrat, a historically rich city, is home to several tourist attractions like the Rohtas Fort. This fort was built in the Mughal Era and is situated near Jehlum. The famous Harappa and Hiran Minar are also located nearby. Harappa, the settlement of the Indus Civilisation, is located near the town of Sahiwal whereas the Hiran Minar is also located — but to the South of Gujrat. This city does not allow foreign tourists as they require prior permissions from appropriate authorities before visitation.
The city is connected to other major cities of Pakistan through the Grand Trunk (GT) Road or the National Highway (N5). The Gujrat Railway Station connects Peshawar and Karachi. The nearest airport is the Allama Iqbal International Airport in Lahore approximately 120 km away.
Shopping & Restaurants in Gujrat
When shopping in Gujrat, the best available options are the local handcrafted items that the city is famous for — like potteries and terracotta vases, the famous smoke pipe is locally known as the ‘hukka’ and the Palm tree leaves artifacts, etc. Gujrat has many local chains of famous restaurants located mainly on GT Road. The local chains include Second Cup, Gujrat Grill, Palatial Restaurant, and Chaaye Khana.
Why invest in the real estate sector of Gujrat?
There are many options available for buying a house in Gujrat. You can easily find from a 2 to 5 Marla residence to larger properties of 1 Kanal to 4 Kanal. The city has a lot to offer when it comes to home buying and investing in the local real estate sector. Being centrally located between Lahore and Islamabad, the two of the major metropolitan cities of Pakistan, it provides easy commute routes to investors. Geographically, it is surrounded by many entertainment options that caters all age groups and personalities. Another reason that makes Gujrat suitable for a living is that the industrial sector is seeing expansion as well and the metropolis is among the three cities in the Golden Triangle.