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Citi Housing Gujranwala Latest Update Market Trends and Prices

Citi Housing Gujranwala was the first of Citi Housing projects and the popularity of the project spoke for itself. This is why it is not surprising that Citi Housing now has projects in a number of cities of Punjab. Citi Housing Gujranwala, meanwhile, has expanded to three phases, i.e. Phases I, II, and Wafi City. This blog provides you the latest update from the housing scheme, particularly its latest phase, Wafi City, which is the one attracting the most investors out of three. The other two phase, with their high level of development, and a number of novel features are more popular with genuine buyers.

The society is located along Upper Chenab Canal and can be accessed from GT Road and canal road. Wafi City is located adjacent to Phase I of the housing scheme, its entrance onto Canal Road is through Phase I. Wafi City is divided into four blocks: EE, FF, GG, and HH.

Market Prices

Plot size

Prices in PKR

5 marla

2,000,000 – PKR 2,500,000

10 marla

3,300,000 – PKR 5,000,000

1 kanal

7,000,000 – PKR 9,000,000

Developments: Theme Park, Wapda Connections

As already explained, the older blocks have already been significantly developed. Development has taken place in Wafi City as well, and possession has been granted in all the blocks; completely in some blocks, partially in others. The construction of houses is already taking place and families have moved there.

The most exciting news to come out of the housing scheme was that in mid-April when Citi Housing Gujranwala theme park was inaugurated. It has been functional since then.  Another good news from the housing scheme is that while previously, Citi Housing itself was providing the electricity, now, according to Basra, WAPDA connections are being provided to the houses and meters are being installed.

Investment possibilities

Basra felt that investment can be considered in Citi Housing Gujranwala. Within it, it is Wafi City that can considered. It is this phase that is indeed attracting investors. The prices are stable right now and market situation is slow but in six to twelve months it can be expected to pick up and you can expect decent profits in that time.