Overseas Property Interest in Homeland: Top Housing Societies
Overseas Property interest, whether working or living abroad, are always looking to create an investment portfolio to continue their lifestyle in their country after retirement. Making safe investments could be difficult, but thanks to continued government incentives, real estate is a great and highly desirable alternative nowadays.
Although choosing a decent real estate project requires prudence and precision, New Metro City is largely considered to be the safest and most successful investment.
Real estate has always been an attractive sector that provides great returns on investment both in the short and long term. In addition, several benefits included in the 2022 Construction Package, as well as recent incentive constructions in New Metro City, have given weight to the huge housing program for Pakistani expatriates.
In addition, many Pakistanis living abroad were deceived when they tried to buy property in Pakistan. To minimize anxiety, we provide this information on the best societies in Pakistan so that our foreign Pakistanis can invest safely in their country.
The reason for interest in homeland property for overseas Pakistanis:
Foreign visitors now account for more than 30% of all real estate purchases in Pakistan. Let’s first discuss the benefits:
Roshan Online Account:
Roshan Digital Accounts was also launched, allowing overseas Pakistanis to effortlessly participate in residential and commercial real estate through legal methods. The State Bank has imposed a three-year minimum period for investment in real estate.
Depreciation of the Pakistani rupee:
Pakistani migrants living in places like the United Kingdom, the United States and Dubai are earning in the currencies of their respective countries, which are now trading heavily against the Pakistani rupee. As a result of the inequality in currency prices, they have an advantage over locals in investing more in local homes and real estate.
Interest Rate Reduction:
According to a recent official announcement issued by the State Bank of Pakistan, the interest rate has been declining. People are forced to withdraw their funds from banks and invest in other areas when interest rates fall. Obviously, the real estate sector has an advantage here.
Tax Reduction:
The government’s 2022 Construction Package, unveiled after an ongoing epidemic, is appealing, especially for overseas buyers. It includes a tax amnesty system for the real estate sector, which allows people to participate in the building business without identifying their source of income.
Then, a one-time capital gains tax exemption was provided on the sale of a personal home of up to 500-yard home or 4000 sq. ft. payment. These incentives are valid until December 31, 2022, however, the deadline is likely to be extended.
Best Pakistani Foreign Investment Companies:
There are various options for foreign Pakistanis to invest in real estate. We will look at some housing plans in Pakistan for foreign investors.
However, before investing in any property, including the largest corporations in Pakistan, you should consider the precautions outlined later in the blog.
New Metro city Kharian:
Overseas Enclave is one of the most common blocks in New Metro city Kharian. The assets are approved and licensed. This block is completely built, and it offers a wide range of facilities, from basic to grand. According to the project’s official website, Overseas Enclave was “built around bright sights of the beautiful lake.”
Add beautiful green parks to its grandeur. People who want to get away from the hustle and bustle of the city while still being in an elite area generally visit Overseas Enclave. Many families already live here. It should be noted, however, that only Pakistanis living in other countries can buy property in Pakistan.
One channel of land is rentable in the Overseas Block. In the society, there are also 10 marl mansions with property values ranging from crore PKR 1.3 and crore PKR 2.5. If you want to invest in plots in Overseas Enclave, you can buy 10 seas and 1 canal property. Contact reliable network dealers to keep you updated.
New Metro City Gujar Khan:
New Metro city Gujjar Khan is the next residence project. Rumor has it that 10 or 5 sea homes will be offered for sale. Prices range from approximately PKR 50 lakh to PKR 85 lakh. Get help from our property consultant to know more.
Documents Needed When Investing In The Leading Companies Of Pakistan:
Everything is incomplete unless proper documentation is provided. To invest and register property on your behalf, you will need sufficient legal documentation. The following are the basic lists of articles that are needed by you for an additional method:
- 2 or more existing passport photocopies
- Latest passport size photos of you
- At least 2 copies of the National Foreign Pakistan ID Card
- Photocopy of entry mark for residence in a foreign country
- Pakistani exit mark photocopy
- List of family members
- Photocopy of the National Identity Card of the next of kin
Before the articles can be submitted and processed further, you must first approve them. You also need to keep the security deposit and security index on file for future problems.
Before Making A Property Investment, Security Resources For Overseas Pakistanis:
Consider these tips before investing in leading companies in Pakistan for foreign Pakistanis.
Confirm that the land has been approved by government authorities:
The first concern that arises when considering buying a property is whether or not a home project is safe to invest in. If it is administered by municipal authorities such as the Capital Development Authority (CDA), the Karachi Development Authority (KDA), or the Lahore. Development Authority (LDA). Either from a regulated administration such as the Defense Housing Authority (DHA) or the Pakistan Armed Forces (PAF), it is almost certainly a safe investment opportunity. Check if the housing plan is approved by the government. If a project is still seeking official permission, it should raise red flags for potential buyers.
Government officials continue to double-check the housing scheme. If work is still awaiting government permission, it should serve as a red flag to potential clients. Lack of approval, more often than not, means that the property will be revoked by the authorities in the near future. As a result, investing only in well-known, approved businesses is your best chance.
Don’t believe false claims:
Try not to be pushed into falling for real estate sales ads that are targeted at you on Facebook, other social media platforms, and on TV every other day. To be more specific, every Pakistani living abroad who wishes to acquire property in Pakistan should avoid falling prey to the tariffs advertised in these brilliant advertisements and should be aware of these commercially produced scams.
Beware of illegal properties and housing:
When dealing with counterfeit assets, these fraudulent companies and their schemes can be a nightmare for individuals living in Pakistan, regardless of who lives abroad. These companies or properties may be bad or likely to start later due to a lack of legal permits or government approval.
The Bottom:
Buying property isn’t easy, especially if you’re not from the nation, but if you follow the above guidelines, you should be able to get what you want without falling victim to fraud.
You can also seek help and information from reputable properties with proven histories, such as Feeta.pk. We are one of the leaders in Pakistan real estate companies, dealing with various features like New Metro City, Gwadar Golf City and many more reliable housing societies.
Overseas Property Interest in Homeland: Top Housing Societies
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Famous Tourist Places In and Around Gujar Khan City
Gujar Khan City is a small town in Pakistan that can be explored in a single day. It benefits from natural resources such as oil and gas, and its population of about 75,000 people is rapidly expanding.
In this city, there are not many activities to do or places to visit. In addition, because it is a small town, there is less housing. People are generally considering stopping here on their way to nearby towns. You can stop here for a quick bite and rest from your travels.
Check out the list of places in and around Gujar Khan to learn about the best things to do in these places. So, the next time you are in Gujar Khan, you can choose which nearby city to visit for an unforgettable trip.
But first, let’s discuss …
Location of Gujar Khan City
Gujar Khan is about 55 kilometers southeast of Islamabad, the capital of Pakistan, and 220 kilometers northwest of Lahore, the city of Punjab. Gujar Khan is bordered on the north by Rawalpindi, Islamabad, and Attock, on the south by Jhelum, Lahore, and Gujrat, on the east by Azad Kashmir and Kahuta, and on the west by Chakwal and Khushab.
Gujar Khan is located in the Pothohar cultural zone. Gujar Khan is located two kilometers from the Dohngi Dam and about 35 kilometers from the considerably larger Mangla Dam.
Popular sights in and around Gujar Khan City
Sangni Fort is a fort built on the borders of Gujar Khan and Kashmir by the Maharaja of Punjab. It is located on a high rock on the way to Bewal via Daryala, with only one access.
It is closest to Barra Dari, a housing development containing two ancient sites. Dhandgali Bridge is an ancient wooden and rope bridge. It is an important curiosity. In addition, Lakhtala is a rocky place with devotional graves of people. Let’s discuss some of them in detail.
1. Bedi Mahal
The Bedi Mahal, also known as “Babay da Mahal (The Old Man’s Palace),” is a wonderful Sikh house built by a famous Sikh businessman and community leader, Baba Khem Singh Bedi. The mansion is in fairly good shape, with mysteries of its former grandeur still hidden behind its walls.
Although there is no specific date for its creation, the Bedi Mahal is said to have been built in the 1850s. It was built mostly of sandstone and plastered with lime surkhi (burnt clay). Artists and masons from the nearby town of Attock were commissioned to create beautiful paintings and carvings for this four-story, 84-room structure.
In addition to the remarkable interior design, there was an orchard, a stable, and a small zoo of exotic animals. A panoramic view of Kallar Syedan could be seen from the top of the skyscraper.
People went to social media to gather behind the cause of rescuing the Bedi Mahal and its majestic architecture from full decay while the Rawalpindi Development Authority (RDA) began to take on the role of historical protection.
Baba Khem Singh Bedi’s legacy is undoubtedly extensive and unfolded, but the palace’s architecture and frescoes may prove useful in future exploration of how cultures and beliefs have coexisted peacefully in the Potohar Plateau for millennia.
2. Masjid Rajgan, Bagnoter
The Masjid Rajgan is another attraction in Khanpur, Pakistan. This masjid, who is almost 140 years old, is still standing to tell his story. It has experienced many hardships over the years, and its majesty may have diminished, but its architecture and design, as well as the art and spirituality that have been witnessed here, make it incredibly remarkable.
Raja Sultan Jehandad Khan built it in 1872. The building was built with bricks and black stones, while the wood for the doors and cupboards came specifically from Leepa Valley.
Artists have been called in from Delhi, and as a result, the mosque assimilates all the basic elements of Islamic design. Its significance can be understood by looking at copies created in neighboring nations.
3. Sangni Fortress
The Sikh Period is thought to have begun in the late 18th or early 19th century. The grand fort served as a regional stronghold, with the aim of increasing authority over the area and increasing tax collection. A small hilly stream runs on three sides of the structure and is typically dry throughout the year. The fort is in remarkably decent shape.
The fort was most likely built during the Sikh period (1799-1849). In 1814, Sandhawalia Jat king Maharajah Ranjit Singh took over that region. It was created to maintain control of the region and to facilitate tax collection.
The British included this territory in Bewal. The fort gradually lost its significance and faded into obscurity. The guards of a discreet temple nearby moved the shrine to that fort. The fort is in fair shape, with intact walls, but the interior has been renovated and decorated due to the presence of Sahibzada Abdul Hakeem’s mausoleum.
Natural Resources in Gujar Khan City
Large oil and gas fields were discovered in February 2002 near Tobra, about ten kilometers from Gujar Khan. The Oil and Gas Development Company is developing the field. The field has the potential to produce 1,600 barrels of oil per day.
The Ahdi oil and gas field (Mastala) is located about 30 kilometers from Gujar Khan, near Daultala town, and is managed by Pakistan Petroleum. Huge oil and gas fields have been discovered in the Missa oil field, 5 kilometers from Gujar Khan, according to the Oil and Gas Development Company.
According to authorities, the find was made during drilling at well no. 3 from the Missa Kaswal oil and gas field near Tobra. The field has the potential to produce 1,600 barrels of oil per day. OGDCL is now looking for new natural resources in other regions of Gujar Khan.
Accommodation and Accommodation in Gujar Khan City
The lifestyle in Gujar Khan is almost the same as in other developed areas of Pakistan. Recently, we have seen a rising trend of entry-level housing in Gujar Khan. One of the next housing companies is New Metro City. New Metro City Gujar Khan / Rawalpindi is a model and extravagant project of BSM Developers. Following Gwader Golf City’s huge popular approval, BSM Developers will develop a new housing society to suit public demand. The purpose of this housing society is to provide people with the opportunity to live a royal lifestyle; Bahria Town and Gawadar Golf City are two examples of similar living standards; and, most importantly, to compete with housing societies that raise funds under the guise of development but deliver nothing.
New Metro City Gujar Khan’s main avenue will be carpeted and 250 feet wide. The main boulevard should have ample space as it is the main road coming to the housing society.
Many apartment complexes have a large main boulevard, but the streets themselves become smaller as you enter deeper into the complex. New Metro City Gujar Khan, on the other hand, has streets that are 40 feet wide, allowing you to park in front of your house without taking up too much road space.
For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.
Famous Tourist Places In and Around Gujar Khan City
Upcoming Top Housing Societies and Mall in Gujar Khan, Rawalpindi
For Top Housing Societies and Mall in Gujar Khan, Gujar Khan is a district of Rawalpindi, the twin city of Pakistan, and is connected to Islamabad in the north. The neighborhood has experienced unprecedented economic turmoil in recent years, as well as growing urbanization and infrastructure development. The city’s real estate market has also developed, and many construction companies now offer many housing schemes to encourage development.
This article is designed to shed light on some existing and upcoming projects and residencies in Gujar Khan.
Prominent Residential Societies in Gujar Khan, Rawalpindi
Gujar Khan had a significant Hindu and Sikh population, while many of these people converted to Islam during British control or fled to India after the partition. However, there are still Hindu temples and Sikh Gurdwaras in the vicinity that have not been preserved over the years.
With this brilliant history of Gujar Khan, here are some major housing projects in the district.
1. Model city
This housing company provides a refined and enhanced livelihood, as two of Pakistan’s most popular and well-known properties, Elegant Towns and City Homes PVT, represent a unique residential idea in Model Town, Gujar Khan. Everyone’s desire has always been to build a home in a gated community and enjoy all the benefits of safe living in a beautiful neighborhood with all the amenities of everyday life.
Outstanding features
Model Town Housing Scheme is a TMA-registered project with an approved NOC, indicating that the project is a risk-free investment with good returns. Model Town Gujar Khan offers residential plots of 5 Marla, 7 Marla, 10 Marla, and 1 Kanal, as well as all the modern amenities and developments.
In a shrunken front door community, the project is one of the most favorable, inexpensive, and inventively sketched housing projects that would provide heavenly life and amenities to its residents.
Residents of the Model Town Housing Society will enjoy a high standard of living with artfully built mosques, abundant green parks, commercial areas on each block, wide roads and sidewalks, a community center, and access to all functions and services.
2. New Metro City Gujar Khan / Rawalpindi
BSM Developers brings a model and lavish project to Gujar Khan — New Metro City. Following Gwader Golf City’s overwhelming popular acceptance, BSM Developers will launch a new housing society to meet public demand. The purpose of this housing society is to give people the opportunity to live a royal lifestyle; Bahria Town and Gawadar Golf City are two examples of similar living standards; and, most importantly, to compete with housing societies that raise money from people under the guise of development but deliver nothing.
Outstanding features
New Metro City Gujar Khan will have a carpeted main boulevard that will be 250 feet wide. Since it is the main road leading to the housing society, there should be enough space on the main boulevard.
Many housing estates have a wide main boulevard, but the streets themselves are too narrow as you dive deeper into the complex. New Metro City Gujar Khan, on the other hand, has 40-foot-wide streets, allowing you to park your car right in front of your house without taking up too much road space.
Because Pakistanis are predominantly Muslim, they require mosques close to their homes to be spiritual. Residents of New Metro City Gujar Khan will soon have access to a spectacular Jamia Masjid built by the owners and developers.
There will be shopping malls in the city where you can buy groceries for yourself, so avoid going to the main city center if there are shops nearby.
Security, in addition to the elements described above, is the most crucial feature. You can live in peace without worrying about robbers or others if the neighborhood is safe.
New Metro City Gujar Khan provides protection around the clock. Main gates will be well secured. Movements of strangers will be captured by CCTV cameras installed in key locations.
A housing association would not be a housing society without basic amenities, so it has 24-hour underground electricity, gas, and water.
About the developers
BSM Developer is a well-known proprietary development company; however, due to its well-known status in the real estate industry. BSM Developers has a megalithic partnership for CPEC-Gwadar, leading to investments with high stability and large production to offer a lift to the financial cycle. This is the family business of Malik Riaz, a business tycoon in the field of real estate and development, according to a popular introduction.
Who hasn’t heard of CPEC, Gwadar or Gwadar Golf City? Gawadar Golf City is a well-known housing company in the city. It was the only civilization that first developed and then delivered to its inhabitants at very low costs. Gwadar Golf City & New Metro City Kharian is a project of BSM Developers that combines architectural grandeur with avant-garde amenities to transform the golden sands into economic progress and development.
3. Prism Town Gujar Khan, Rawalpindi
The Prism Khan Gujar Khan housing company is located near Rawalpindi and Islamabad on the main GT route, making it conveniently accessible from both. The community will present all the amenities that society should have. So if you want to invest in a great environment, this could be the perfect alternative.
Each housing association is distinguished from the others by its location. As a result, most people like to live in an easily accessible place. As a result, Prism Town Gujjar Khan is the biggest solution for them, considering their needs.
Highlights:
- Located on Main GT Road near Al Mannan Marriage Hall
- 250ft main boulevard
- Development began in March
- 40 ft streets
- Pre-launch rates
- Masjid for each block
- Large parks
- Underground Electricity
- Gas
- Water supply
- 24/7 security
- Inbound community
- Large commercial areas with multinational brands
- 3 year easy part plan
- Evolution of the state of the art
Gujar Khan Mall
It is another development project in Gujar Khan. Gujar Khan Shopping Mall (MoGK) is Gujar Khan’s first state-of-the-art shopping mall, as its name suggests. It has a total area of over 150,000 square feet. Although it may not be as big as other well-known malls in the country, such as Emporium or Lucky One, the quality and atmosphere are just as good.
You will forget about the severe traffic and pollution of the city when you reach the Mall. The Mall seems to be a separate city within Gujar Khan. Royal Business Solutions is the company behind the project (RBS). Don’t be fooled by the title “mall” as the mall also has luxury accommodations. Gujar Khan’s main GT Road is home to the Mall.
Residential Apartments have three separate entrances
It is one of the greatest features of the Mall. If you’ve ever visited the Centaurus of Islamabad, you’ve probably noticed that even the locals are trapped in the long parking lines.
Despite having its own door and parking, it is too close to the guest entrance. Residents must therefore wait in traffic while owning multi-crown housing. Fortunately, the MoGK has recognized the problem and is now providing residents with three separate entrances.
Separate Parking for Residents
In addition to the three separate apartments, the Mall offers dedicated parking for the residents.
In conclusion
So, what are you waiting for? Embrace yourself for amazing upcoming projects in Gujar Khan such as New Metro City. Stay tuned to our property portal to know the booking details and other updates about the project.
Also, if you want to read more informative content about construction and real estate, keep following Feeta Blog, the best property blog in Pakistan.
Upcoming Top Housing Societies and Mall in Gujar Khan, Rawalpindi
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