Future of Karachi Real Estate
The city of lights Karachi has seen the stirring modifications in its law and order after the change of government. The societies are now feeling safe before previous. Residence wants to buy plots in the no go area because of the peace in the city. Meanwhile, you have also observed the development of gated societies such as Bahria Town and Naya Nazimabad in the last few years. Moreover, the launching of new phases of DHA City is also giving you imminent opportunities.
According to experts of properties, this is the best time for investment. It is so because many property buyers are taking projects which are going to complete in the upcoming years. On the other hand, prices of existing societies are continuously rising. Homeowners are not selling their houses or plots and waiting for the more increase in the cost of property.
Projects in Karachi Highway
By the end of 2019; you can observe the fast development in DHA City Karachi, Taiser Town and ASF City. The rapid development in ASF City in past few months is unbeatable by any other project of the government. So, investment opportunities in this area show an increasing trend.
Furthermore, the residence is about to initiate in DHA City Karachi and precincts at the front are ready to live. Nonetheless, Bahria Town Karachi has developed and localities have started living in the luxurious houses and apartments here.
Worthwhile Projects in Karachi
Posh areas of Karachi such as North Nazimabad, Naya Nazimabad and DHA are seeing a rise in the plot prices. For instance, you can buy:
- 500 square yard plots in the range of 30,000,000 PKR. to 91,000, 000 PKR. and
- 120-200 sq. yards plots ranging from 33,00,000 PKR to 1,50,00,000 PKR
These lands are highly profitable lands. You have also opportunities to invest in such projects by consulting with realtors because they may offer you instalment facilities.
You also have the 1 bed, 2 bed, 3 bed & 4-bed apartments in Clifton and Gulshan-e-Iqbal. These apartments are full of amenities and investment in these apartments is also lucrative. You can occupy these apartments with the full payment or option of instalments.
Ever Green Societies
The price range of Bahadurabad, Tariq Road and Gulberg kind areas in Karachi is not behind this price rising competition. You can build a house in these areas where all facilities of life are available. Furthermore, you can invest here if you want to put your money into profitability because you know investment into a land remains profitable for an investor.
These societies have bungalows and neighbourhood also maintain all facilities. You can get a plot around:
- 500 square yard ranging from 7,00,00,000 PKR to 21,00,00,000 PKR and
- Plots of 150-200 sq. yard plots range from 4,00,00,000 PKR to 18,00,00,000 PKR
You Can Also Get a Cheap Cost Property in Karachi
Karachi city combines different societies in it and you will find variation in pricing of plots with respect to different areas. If you are in search of the low price plots, you can get them as well. There is also availability of the 150-200 square yard plots ranging from 1,50,00,000 PKR to 3,00,00,000 PKR in some societies, however, they may be so far from the commercial areas of the city.
Thus, it depends on your investment capacity that how much you want to spend in buying a home. It is considerable here that property prices are continuously increasing with the boom of real estate industry.
Concluding, there are different societies in Karachi that have several opportunities for investments with the variations in plot sizes. Here you can get apartments in different regions which is also important from the investment perspectives. Thus, the future of real estate investment is upbeat and investment in it is repaying people with the amazing profit margin.
Contact Information
PABX: 0304 1110733
Naveed Shah: 03218233244
Saeed Shah: 03228233244