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Old August 15th, 2004, 06:57 PM   #1
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GWADAR | Progress News & Updates



Ideally Located in the heart of Gwadar, Platinum City is a mega project stretching on an area of 500 acres. On the east gate, Platinum City is linked to the central boulevard, while the west gate opens at the coastal highway. Designed and built to perfection by top class professionals, Platinum City provides the most complete living in an environment, which is free from pollution and promises complete peace of mind.
-------------------------------------------------------------------------
SALIENT FEATURES

◊ Residential & Commercial Plots
◊ Roads
◊ Mosques
◊ Hospitals
◊ Five Star Hotels
◊ Restaurants
◊ Shopping Malls
◊ Cricket Stadium
◊ Water Treatment Plant
◊ Montessori, Schools, College
◊ Electricity
◊ Desalination Plant
◊ Water Sports Club
◊ Play Grounds
◊ Telecommunication
◊ Natural Gas
◊ Security
◊ Museum
◊ Cinema
◊ Fuel Stations
◊ Auditorium
◊ Awami Markaz
◊ Media & Internet city
◊ Amusement Park
◊ Gwadar Country Club
◊ Super Markets
◊ Garden / Parks
◊ Show Rooms

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Old August 15th, 2004, 09:51 PM   #2
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Pakistan is Going Places, Inshallah
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Old August 15th, 2004, 10:18 PM   #3
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Those pictures ... they arent really what platinum city is going to look like yeah? i mean they arent a type of rendering ... theyre just random pics of some city right?
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Old August 16th, 2004, 04:26 AM   #4
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Quote:
Originally Posted by HasanB
Those pictures ... they arent really what platinum city is going to look like yeah? i mean they arent a type of rendering ... theyre just random pics of some city right?
yes.. the renderings are not out yet
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Old August 16th, 2004, 05:14 AM   #5
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Those pics look part Calgary and part Vancouver. The name of the city sounds good. D u know what will be the cost?
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Old August 16th, 2004, 10:35 AM   #6
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lets just hope they dont build it outta platinum, thtad really mess up paks coffers, lol, nah but seriously, i wanna see some development pics, /renderins and stuff, ive looked on google and cant seem to find anything.
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Old August 16th, 2004, 10:56 AM   #7
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I dont think the planning is at that advanced a stage yet. Theyre concentrating on finishing the Port and basic facilities and upgrade of Gwadar ... then once the investment starts coming in ... the city will start to boom aswell.
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Old August 16th, 2004, 06:11 PM   #8
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Well they show highrises from other cities which is a good sign this city will have quite a number of good number of highrise buildings as well. Will it be the same quality that's a different story but for now it looks like Gwadar may just end up as Pakistan's Highrise Capital.
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Old August 16th, 2004, 07:02 PM   #9
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lol, thatd certainly be interestin, at the karachi is pbly first wit lahore second.
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Old August 16th, 2004, 07:08 PM   #10
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Quote:
Originally Posted by cntower
Well they show highrises from other cities which is a good sign this city will have quite a number of good number of highrise buildings as well. Will it be the same quality that's a different story but for now it looks like Gwadar may just end up as Pakistan's Highrise Capital.
if Gwadar builds quality highrises, Karachi would want some too then....

then competition, Gwadar vs Karachi, and then after PC in Lahore is complete, Lahore would jump in too, and then following Lahore would be other cities around Pakistan.

its just a circle.. Gwadar could be a trend stter
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Old August 16th, 2004, 09:10 PM   #11
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What I don't get is why in the heck does Karachi have a height restriction?
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Old August 17th, 2004, 11:01 AM   #12
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dunno, does karachi have earth quakes, coz if it does, that cud be the reason.
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Old December 1st, 2004, 04:56 PM   #13
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Gwadar: The road to progress

Gwadar: A gold mine for real estate developers and dealers

By Imran Ayub

GWADAR: “Sand turns into gold,” reads a signboard of a recently- opened real estate agency at Jawed Complex, which houses 10 offices dealing in the property business at Gwadar.

This city, of 120,000 people, has become the focus of attraction for real estate dealers and developers following the launch of the Gwadar Port project in 2001. It is currently hosting over 100 estate agents from across-the-country, and the number is rising with each passing day.

“There are a few who have purchased lands and are now offering to others,” says local dealer Aba Bagr of Bali Estate. “Most of them are kinds of brokers who bridge deals between investors and landlords of the city. But overall there is a property business boom.”

Once a neglected city of the Balochistan province, Gwadar is now the most travelled destination of the country’s property business players, who foresee that the town, which is currently surrounded by hills and sea, will soon be dotted with high-rise buildings and become a centre for foreign travellers and investors.

But a few agents, who have studied the city before setting up offices here, say the country’s and international investors have yet to realise the potential the city offers. “You can’t even imagine,” says Amir Samsam of S&S Consultant who came to Gwadar from Karachi over three years ago when even the foundation stone for the proposed port had not been laid.

“There is a need to present the true picture of such potential. Both locals and foreigners are coming here to explore opportunities but not at the pace which the city deserves.”

Mushroom growth: He says during the last one and a half year there has been a mushroom growth of estate agents city and admits that some may be churning out fraudulent deals.

“But people here who have invested hundreds of thousands of rupees only in setting up offices would not cheat and you would soon see more activity in the property trade in days to come.”

The city, which borders with Iran and touches the broad beaches of the Arabian Sea, was once a lower-than-average town but now agents say the land here has seen almost 500 percent appreciation in prices during the last one and a half years.

A plot of 500 square yards in the city, which was available at Rs 100,000 to Rs 200,000 about two years ago, is now offered at Rs 1.2 million to Rs 1.5 million and the plot of 1,000 square yards would now cost Rs 1.8 million to Rs 2.5 million.

Landlords hope to earn millions: The development has proven a bonanza for local landlords, who waited for decades for these days, and now hope to earn millions in the matter of just months.

Lal Baksh is one of them. One of the biggest landowners, he has sold out a few acres of land in one year but says regulatory hurdles have made the business a difficult job for landlords and estate agents.

“We can’t understand these obstacles,” he says. “There is a ban on the transfer of land from one to another for many years and it has kept prices down. We wonder what the government wants - to keep the prices low and deprive the poor people from the benefits?” He says the government did not have a single acre of land in the city a year ago. He suspects the government exploited lower prices due to regulatory hurdles and have purchased many acres during the last few months.

In his early 60s, Mr Baksh is said to be owner of land worth over Rs 50 billion but has been generous enough to offer free places to the government and other institutions for hospitals, schools and colleges for his poverty-hit people.

The ban on transfer has not only affected big landlords like Lal Baksh but also allows some people to use it as a tool for fake deals. The local authorities appear well aware of the situation but appear helpless, as the matter does not lie in their jurisdiction.

‘A matter of concern’: “It is really a matter of concern,” says Babu Gulab, District Nazim Gwadar. “We don’t exactly know who deals in this. Sometime it is said that it’s a GDA issue (Gwadar Development Authority) while sometimes it comes to the provincial government.”

He hopes if the ban on the transfer is lifted, the financially troubled local government can earn Rs 10 million per month on account of several taxes. Mr Gulab, however, is confident that as the city is becoming a centre for investors and travellers, the days of a ban on the transfer of real estate property are numbered.

Apart from real estate and open plot deals, dozens of builders across the country have announced housing and commercial projects in the city. From three-bed flats to 1,000 square yards bungalow, the city sometimes resembles the posh areas of Karachi replete with signboards of different projects.

“The builders’ projects here include both residential and commercial,” said Faqir Wali, co-ordinator of recently launched Globiz Avenue, a 20-acre residential and commercial project. “There are some 10 to 12 such projects that have been launched. The number would increase in the days to come but it needs transparent and swift regulatory procedure, which is still unseen in Gwadar.”

Mr Wali, who is also secretary of the newly-formed Gwadar Real Estate Agents and Builders Association, says the announced projects have succeeded in attracting over 50 buyers but says all these would take at least five years to be completed. But despite all the procedural and regulatory hurdles, property prices in the city see a new rise almost everyday and do not detract buyers.

“This shows the potential which the city offers,” says Amir Samsam of S & S Consultant, another property dealer. “But it does not mean that the situation should remain the same. The government must remove all such snags to attract investors both from the country and abroad.”

To validate his observation, Mr Sasam cites the increase in the prices of real estate in the famous Sanghar Housing Scheme.

The scheme, which includes plots of owned by big-time politicians, former premiers, bureaucrats and high-ranking officials of the armed forces is in business again after the Balochistan High Court issued stay orders against the cancellation of plots in the scheme. Stretching over 25 kilometres, the Sanghar Housing Scheme has the most expensive land in the city.

“You would get a 500-yard plot at an average location in Sanghar at Rs 2 million to Rs 2.5 million,” said Aba Bagr of Bali Estate. “The prices increased from Rs 1 million to Rs 1.2 million and this is still peanuts. You can’t even imagine where the prices would go after the removal of the ban on transfer of ownership.”

The city, which is predicted to become a landmark city, after the completion of the deep-sea port, is waiting for due attention from the authorities to make it more attractive as estate dealers and local landlords fear a delay by the government may deter investors. “Its time to act now,” says Lal Baksh. “The investor has no land. He invests on the hopes of profit. If Gwadar would not offer profit to any investor due to procedural delay, why should he wait? He will definitely leave for Dubai or anywhere else.”
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Old December 4th, 2004, 12:10 PM   #14
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Source: http://www.dawn.com/2004/12/04/top8.htm

First phase of Gwadar port completed

By Our Correspondent

QUETTA, Dec 3: The first phase of the Gwadar port has been completed and a formal announcement about its operation will be made on the birth anniversary of the Founder the Nation, Quaid-i-Azam Mohammed Ali Jinnah, on Dec 25.

This was stated by the general manager of the Chinese company at the port site on Friday while briefing the governor on the progress of work on the project during the latter's visit to the site.

He further informed the governor that the port would be formally handed over to the Pakistan government on April 18, 2005. He hoped that the Chinese premier might attend the opening ceremony and a date would soon be announced.

Speaking on the occasion, the governor thanked the Chinese government for completing the mega project and said that not only the hard work but also the blood of Chinese workers had made this dream come true and it would always be remembered by the people of Pakistan.

He said this great project was yet another living example of the ever-lasting friendship and cooperation between China and Pakistan. This project is the cornerstone in the economic development of Pakistan and Balochistan and it would change the fortune of its people.

He said local people were being given employment in this project on a preferential basis and they had been trained to operate the machinery and equipment installed at the port. Another 100 youths had been sent to Karachi and Islamabad for training and this process would continue in future as well.

The governor said the port would be linked with the hinterland and Central Asia and Afghanistan through a network of roads and railways. The development of Gwadar town had also been started by the Gwadar Development Authority under a master plan.

The general manager of the Chinese company thanked President Musharraf and Prime Minister Shaukat Aziz and different organizations for their cooperation in execution of the project. He said his company would implement the second phase of the project with similar dedication and hard work.

SECURITY SITUATION: Earlier, the governor attended a briefing on security arrangements of the port and expressed satisfaction over measures. Chief Security Officer Brig Basit Rana informed the governor about security arrangements.

Later, the governor inspected sites of the new airport, industrial zone and export processing zone. He also travelled on Gwadar-Pasni section of the newly-completed coastal highway. Other officials and District Nazim of Gwadar Babu Gulab also accompanied the governor during the journey.
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Old January 19th, 2005, 12:59 PM   #15
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Gwadar Project Websites

Gwadar Project Websites

http://www.westbaycity.com.pk (West Bay City)
http://www.taloobuilder.com.pk (Gwadar - World City)
http://www.g4gwadar.com (Gwadar Development)
http://www.gwadar.com.pk (City of Gwadar)
http://www.goldenpalms.net (PC Hotel Gwadar + City Projects)
http://www.gwadar.co.uk (Info Website)
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Last edited by cntower; January 19th, 2005 at 01:06 PM.
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Old January 19th, 2005, 04:12 PM   #16
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move to gwadar
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Old January 30th, 2005, 04:29 PM   #17
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Gawadar: The road to progress.

this maps shows how important the location of gwadar is

PICTURE COMING TO YOU FROM: PAKISTAN HOMEPAGE

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Old February 3rd, 2005, 12:49 AM   #18
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Nice find!
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Old February 3rd, 2005, 04:26 AM   #19
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I can see why China is so interested in it now...

What port did they use before to get goods to Western China?
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Old February 4th, 2005, 12:17 AM   #20
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Quote:
Originally Posted by cntower
I can see why China is so interested in it now...

What port did they use before to get goods to Western China?

by plane and used shangai and hong kong port and went by road.


but it was wayyyy to expensive, millions were spent on petrol.
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