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Best Areas to buy Property in Karachi

Best Areas to buy Property in Karachi

Best Areas to buy Property in Karachi

Karachi is known as the largest metropolis in Pakistan and real estate in this megacity is understandably extremely large. As the hub of all important economic activities in Pakistan, the property in Karachi offers a wealth of opportunities to thousands of people looking for real estate in the city almost every day. Because many of these factors, many people also want real estate investments in Karachi.

While this development was crucial to improving the real estate sector, it was very difficult for investors to choose a safe and comfortable lifestyle.

The great thing about this city is the very lucrative investment opportunities in Karachi. The problems with the urban structure (and the lack of planning) actually offer great opportunities for domestic and foreign investors who want to own land in the economic engine of the country.

Scheme 33:

Scheme 33 is one of the largest residential projects in Karachi with 54 sectors. This project has recently become very popular and steadily increases the value of the property. Of the total real estate searches in Karachi, Scheme 33 held the first position with 12.8 percent. Sector 17-A, Saadi Garden and Saadi Town are the three most searched places in Scheme 33.

PKR 15 lakh to over PKR 1 Crore. However, a 3 bedroom apartment seems a more comfortable option. its cost usually varies between PKR 26 lakh and PKR 1.5 crore.

Gulistan-e-Jauhar Karachi:

Gulistan-e-Jauhar, another urban center, is one of the most popular residential areas of Karachi. The city, which occupies 2nd place both in the purchase and the rental trend, is due to their large number of facilities a popular residential area for all classes. The close proximity to University Road and Shahra-e-Faisal facilitates accessibility to Jinnah Airport and Sadar intersections. The proximity to amusement parks, the PAF Museum, the Expo Center and the National Stadium also makes it economically viable.

DHA Karachi:

DHA Karachi secured 3rd place in the buying trend and fourth in the rental business. This again showed his popularity with the people in Karachi. The relatively young village guarantees its residents maximum security as well as full-fledged commercial and recreational areas. While the high-end Zamzama trading center is central to society, the marine observation phase provides added value. Together with Clifton DHA Karachi is the place for a noble lifestyle in the metropolis. A number of shopping malls and food and beverage retailers of local and international brands complete the high-quality life of the residents perfectly. The company is therefore favored for its pleasant ambiance and easy accessibility via the Do Talwar and Teen Talwar roundabouts along the main road, Shahrah-e-Iran.

North Nazimabad and North Karachi:

4th place in buying trends for Karachi homes was North Karachi. The densely populated city is a paradise for residential living. North Karachi is connected to the rest of the city via the Super Highway and offers lower average housing prices. With a range of local bazaars and lower rental rates, the city offers the Karachi people a cost-effective accommodation option, justifying their preferred status in the Karachi real estate industry.

North Nazimabad, another sought-after area in northern Karachi, has a horde of well-known restaurants, hospitals, and branches of a number of local and international banks. While Karachi's most popular Dolmen Mall and Haidri Bazaar add to the city's commercial atmosphere, the presence of excellent schools, health facilities, and wedding halls adds to the city's population density.

Bahria Town Karachi:

The city of Bahria, which needs no introduction, has become one of the most sought after residential areas in Karachi in terms of popularity in the real estate sector. Bahria Paradise and Bahria Sports City are the three most important places in Bahria Town that most people are interested in.

Bahria Town Karachi offers different types of modern design. A 125 square yards house in Bahria City costs between 41 lakh and 1.25 crore. The second most popular type of property is a 250 square yards house that normally varies between PKR 1 crore and PKR 3.25 crore. The price range of 500 sq yards bungalows in Bahria City starts at just 1.6 Crore PKR and goes beyond 3.5 Crore PKR. These are some interesting variations for buyers.

Naya Nazimabad:

New Nazimabad is another best investment opportunity in Karachi. It opened earlier than Bahria Town, but lack of awareness enabled a select group of investors to seize the opportunity. However, since the word is over, people are pouring in to get their share of the project. The good thing about New Nazimabad is that it is still within the city limits. For investors who want to have an easily accessible property? A significant number of investors in New Nazimabad are people who own their own home and want to live in a location that is relatively close to the main city locations.

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