1-Acre residential land for sale in Gwadar master plan phase-1 at a very reasonable price. Today I will share with you the details of very affordable land in Gwadar Master Plan Phase-1 very close to Gwadar International Airport in a prime location of the residential zone category where you will be able to build ground plus 11 storey building very soon Inshallah. So let me inform you about its complete details.
Gwadar is the second planned city in Pakistan after Islamabad. According to my personal opinion, once Gwadar’s development starts, the prices of land in Gwadar will increase very fast because today Gwadar has real estate like other big cities of Pakistan. Gwadar is in a state of disrepair and the prices of land or plots are meager in Gwadar, if we talk about development, the largest Gwadar International Airport in Pakistan has been built here in terms of area, which will be inaugurated in July 2024 of the same year. Gwadar Port About 19 km East Bay Expressway Gwadar connecting with Gwadar Airport has also been inaugurated. And if we talk about security, Pakistan’s largest cantt area is also being built in Gwadar.
And if you look carefully, all the big projects that are being built in Pakistan, like all the Special Economic Zones or Industrial Zones that are being built in Pakistan, power projects, be it the Pakistan Railway ML-1 project, Pakistan’s Be it all motorways or road infrastructure, because all the big projects being built in Pakistan are all under CPEC and the center of CPEC is only Gwadar. Now we come back to Gwadar, the center of CPEC. From 2019 to 2025, Gwadar will be the first phase of the master plan to be developed in a radius of only 56 km, which includes the complete development of all category zones along with complete road infrastructure. Besides, New International Airport Gwadar and East Bay Expressway Gwadar are also part of Gwadar Master Plan Phase 1.
So today I am here for you with land in sub-category R-3 of the residential zone category at Mouza Shankani Dar of Gwadar Master Plan Phase 1. The R3 sub-category is the most prime category in the residential zone category. Ground plus 11-story buildings will be allowed by GDA in the R3 category.
If we talk about the location of this land, then this land is only 5 to 6 km away from Gwadar Airport. Makran is 500 meters away from Coastal while East Bay Expressway Gwadar interchange is just 3 km away from this land. And besides East Bay Sarbandar Beach is just 3.5 km away and Gwadar City is about 10 km away.
The documentation of this land includes public notice and site plan certified by the revenue department and registration and registration, apart from Google coordinates base site plan and land use certificate from GDA.
If we talk about the transfer costs, the Deputy Commissioner Value of an acre in the residential category in Mouza Shankanidar is Rs 10 lakh and all federal and provincial taxes are paid based on this (Dupty Commissioner) DC value.
duty for filers is 2% on DC value which is 20000 thousand, registration fee is 1% which is 10000, local government fee is 2% which is 20000, and buyer FBR tax is 3% which is 30000. Apart from this, the FBR tax also payable by the seller who is the filer is 3% which is 30000. Additional expenses including Ashtam vendor fee, clerk, GDA fee, etc. are around 75000 to 90000 and around 155000 to 170000 rupees, and demarcation expenses are apart from this.
for non-filer the excise duty on DC value is 2% which is 20000, registration fee is 1% which is 10000, local government fee is 2% which is 20000, buyer filer FBR is 10.5% which is 105000, Apart from this, the FBR tax also payable by the seller who is a non-filer is 6% which is 60000. While the additional costs and demarcation are the same.
Nowadays property prices in Gwadar have reduced to a great extent and people are buying very expensive in Gwadar, but very soon Gwadar will be the only city in Pakistan where you will see property prices increasing rapidly in the next 2 years. It will be seen that there are many reasons. Well if you want to know more about this ideal land then call me.