After successful launch of Lahore Motorway City, LMC authorities have now come with another splendid project that will change the life of investors. This time, LMC comes with New World City Phase 2 which is located in Gwadar City near Zero Point of Gwadar. Due to prime location in Gwadar City, the project will provide immense returns on investment.
New World City Phase 2 Gwadar:
New World City Phase 2 Gwadar is an approved mixed purpose residential and commercial project. GDA (Gwadar Development Authority) approved the NOC for New World City Phase 2 which was valid till November 2014, however the LMC (Lahore Motorway City) authorities has started the advertisement of same project. When contacted with LMC authorities , they confirmed that the recent investment by China accelerates the economy of Gwadar and people are interested in the project. When Wall.PK asked for legal issues, they confirmed that GDA will give NOC again in short time period.
Location:
As per Gwdar Development Authority website, New World City Phase 2 is located in Chaib Kalmati Mouza. The website showed the 350 Acre of Area for New World City Phase 2. The NOC was approved on 30-7-2005 that has expired on November 2014.
Benefits of Investment in New World City Phase 2 Gwadar:
The recent investment plan of 4600 billion rupees by China will change the fortune of area. Further the planned city offers NO LIMIT for High Rise Buildings with proper approval of project or building. Further, 15 land lock countries are depended on Gdawar for easy access to warm water for shipments. To facilitate investors, Government has given Gwadar the status of Tax Free Zone for next 23 years.
Gwadar Port is the 3rd deepest port of world, and alternate to Karachi Port. It is the best time to invest in Gwadar City, New World City Phase 2 is a best option duet to its location in main points of Gwdar City, i.e. Koh-e-Mehdi.
Payment Plan:
Residential Plots:
| Plot Size | Plot Price | Monthly Installment |
| 5 Marla | 2.5 Lac | 3000 |
| 8 Marla | 4 Lac | 6000 |
| 16 Marla | 7 Lac | 12000 |
| 32 Marla | 13 Lac | 24000 |
Commercial Plots:
| Plot Size | Plot Price | Monthly Installment |
| 4 Marla | 4.5 Lac | 5000 |
| 8 Marla | 8 Lac | 8000 |
Please note that, the prices or exclusive of development charges. Development charges are payable later at the time of development of land.
Conclusion:
It is best time to invest in Gwdar City, when the prices are very low. A common person with low income can afford to invest in projects, while the high return profit will change the fortune to many folds when the area will get attention of world. The coming time will make Gwadar Economical Zone, People across the Pakistan will approach the city seeking employment or business opportunities to earn profit on their investment. So it is better to invest today in Gwadar Real Estate instead of seeking a home or flat on rent in coming times. The decision is always yours.