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21 June, 2018

citi Housing Gujranwala Wafi City

Housing Schemes

Relieved with the correct group to plan and exclusive real estate developments, Citi Housing has changed the lifestyle criterions in many cities of Punjab. In Gujranwala, the city from where the developer began its journey – Citi Housing has expanded to three phases, i.e. Phases I, II, and III.  Phase III also was known as Wafi City.

Project details

Wafi City is sited next to phase-1 on Canal Road and has its key ingress via this phase. It consists of four blocks Block EE, FF, GG, and HH. Wafi City features residential plots of multiple sizes of 5-marla, 10-marla, 1-Kanal, and 2-Kanal. Although the fact is the society’s cutting-edge edition in Gujranwala, the developers have already granted possession in 75% of the area in Blocks FF, GG, HH, and 100% of Block EE. More than 70 families are already living here.

Furthermore, the Citi Housing’s signature brilliant classy infrastructure in the expert planned project, where landscaped green spaces, shaped gardens, and spacious road leave an enduring impression on visitors, the phase is soon to see the inauguration of a theme park. Furthermore, the society also has a multi-purpose sports stadium in Block HH, which is why it is also referred to as a mini Sports City.

Development Status

Development work in Wafi City has been completed by 75%, and property possession has also been granted. The development work is underway on the immature parts of these blocks. The pace of ongoing development work is pretty impressive, and by the look of it, it appears that the entire project will be delivered in the next few months.

What's the latest happening over there?

The developers are looking to initiate the theme park soon, and the final preparations have been made. Citi Housing has moved its Head Office from Phase I to Wafi City. This is often done to direct the investors’ and buyers attention to that specific area and we have seen this approach work. Property demand and trade activity will increase for Wafi City in the coming weeks. This phase will primarily serve real estate investors looking at the residential property until the society starts attracting a bigger number of end users.

Water and electricity is readily available in Wafi City, but gas connections are available only in some blocks. To arrange for gas connections for the rest of the phase, applications have been submitted and we should be able to hear an update on it soon.

Market Trends & Situation

The property demand among investors is higher for the plots located on the Main Boulevard in Block EE. This block is popular among genuine buyers, as development work has been completed in this block with property possession granted throughout. Basra also recommends that genuine buyers should purchase plots in this block. For investors looking to gain returns in the short- to medium terms, Mughal recommends Block FF, GG, and HH, as property rates of blocks in these blocks is comparatively cheaper at the moment.

A Glimpse at Market Rates

Looking at the existing demand, development standards, and project’s future potential, property rates in Wafi City are deemed reasonable by Basra, especially because it is now livable.

Plot Size

Total Price

5-Marla

2,000,000 –3,000,000

10-Marla

3,800,000 –4,800,000

1-Kanal

8,000,000 –10,000,000

 If you are interested in buying property in Citi Housing Gujranwala then contact Apex Group and we will make all your dreams come into reality. We are the best at what we do and guarantee customer satisfaction with optimal results.


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