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Residential Plots for Sale in New Town Gwadar with Price & Details(198)

Locations of Residential Plots for sale in Gwadar

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Looking to buy residential plots in New Town Gwadar? Here is what you should know.

Why buy a residential plot for sale in New Town Gwadar?

The New Town Housing Scheme was launched back in 1986, when the first phase was established for the local Baloch population. Owing to the ever-increasing population of Pakistan, and the recent boost in the popularity of Gwadar via China-Pakistan Economic Corridor (CPEC), at least 50% of the society stands populated. Additionally, New Town Phase 1 was initially planned around the central Gwadar roundabout. However, with the passage of time, 4 additional phases were also introduced along the northern boundaries: Phase 2, Phase 3, Phase 4 and Phase 5, with only Phase 4 initially allotted to the non-local populace — while the phases 1-3 were constructed solely for the Baloch population. All the phases of the region are controlled by the Government of Balochistan, under the District Coordination Officer (DCO) Gwadar, whose office is situated at the Gwadar Port Road.

What are the types of Residential plots for sale in New Town?

New Town is situated in Gwadar, which is home to the world’s largest deep seaport. The housing community offers mesmerising views of the Arabian Sea, coupled with its beautiful deep blue beaches. The majority of properties available for sale in New Town are residential plots. Categorising the plots in terms of location; the highest number of plots are available in Phase 4, with Phase 1 and 2 falling second in place, Phase 3 falling third, respectively.

Types of Residential Plots available for sale in New Town Gwadar

120 sq yds

200 sq yds

400 sq yds

500 sq yds

1,000 sq yds

Sale Price Trend of Residential Plots for sale in New Town Gwadar

New Town-Gwadar is located on the main Jinnah Avenue Road, borders the vast and beautiful blue Arabian Sea, and is close to the Gwadar International Airport. New Town offers its occupants an ideal location with almost all the modern facilities and amenities one may need to live a comfortable and complete life. There are several residential plots available for sale in New Town, however, it is pertinent to mention here that features such as proximity to the main road, a corner plot, or a park-facing property may be more costly. The price for a 120 sq yd residential plot for sale in New Town is between PKR 6.2 lakh and PKR 9.5 lakh. For 200 sq yd residential plots, the asking price ranges from PKR 7.2 lakh to PKR 10.5 lakh. Some 400 sq yd residential plots are also available from PKR 10 lakh to PKR 26 lakh. The residential plots of size 500 sq yds are available for sale between PKR 15 lakh and PKR 1.5 crore. Similarly, 1,000 sq yd residential plots are available in the price range of PKR 14.75 lakh and PKR 6.5 crore.

Sale Price Trend of Residential Plots in New Town, Gwadar

120 sq yds

PKR 6.2 lakh — PKR 9.5 lakh

200 sq yds

PKR 7.2 lakh — PKR 10.5 lakh

400 sq yds

PKR 10 lakh — PKR 26 lakh

500 sq yds

PKR 15 lakh — PKR 1.5 crore

1,000 sq yds

PKR 14.75 lakh — PKR 6.5 crore

Reasons to invest in New Town, Gwadar

The first and the foremost thing to consider when moving or investing in the New Town area is its proximity to the world’s largest deep sea port. Despite the fact that the port is solely meant for economic purposes, its development will have a profound impact on the real estate sector of the region. Moreover, rapid development in Gwadar is expected to increase the influx of foreign nationals as a wave of modern infrastructural development engulfs the region. The value of property is expected to shoot even further in the near future — beneficial for both investors and genuine buyers.