Sangar Housing Scheme Development Updates and Latest Prices

Sangar Housing Scheme is the elite society located on Koh e Batil in the port city of Gwadar. Recently two notices were received by Deputy Commissioner Gwadar whereby the fake rumors was cleared out concerning the sale of the scheme and lack of development progress. Meanwhile, the second notice invited the public to apply for building approvals and NOCs to begin construction on their plots, though it was only for residential plots in Phase I and commercial plots in Phase IV. As a result, it was expected that interest will surge in the project and so will its prices.

Development Updates & Investment Potential

The fact is that Sangar Housing Scheme has picked up tremendous pace especially in Phase 1 where road infrastructure, electrical works sewerage and water lines, streetlights and 80% of the basic utilities are completed and functioning well. As a result of the invitation to apply for NOC to construct houses, a large number of people have indeed applied for it, but things are still in process.

In the light of recent developments on CPEC and high amount of investment pouring in Gwadar after elections it is expected that the Sangar Housing Scheme will face an appreciation in prices and value.

There are certain unavoidable facts that make Sangar Housing Scheme a prime residential locality to live in, e.g.

• Security ( located on Koh e Batil next to Pak Navy and is inside the third tier of security )
• Operated by Baluchistan Government
• Less chances of Fraudulent cases as there is system of computerized records
• Affordable Prices at present.

Market Situation & Price Rates

The market situation of Sanghar Housing Scheme is pretty much lukewarm, it might be an appreciation in near future but as of now, the plot prices seem stable and stagnant to a certain limit.

The 1,000 sq. yd. commercial plots in Phase IV fall between PKR 15 million and PKR 25 million.

If you are interested in buying a plot in Sangar Housing Society now to sell off later when prices increase or perhaps for live-in reasons please contact Apex Group, as our team will guide you efficiently.