Gharo and Dhabeji update

I had always maintained that the area around Gharo and Dhabeji would one day turnout to be a real estate goldmine. With the proximity to Port Qasim, to the Arabian Sea, the (soon to be) privatized steel mills, the Indus Motor plant and a handful of new projects (including a wind energy farm), you could just sit on the land and wait it out.

Well looks like the trend is here. Real estate prices for large parcel around Gharo and Dhabeji are now up by 300% compared to price levels in mid and end 2003 and are expected to go up further.