A Quick Glance At Latest Buying Trends In Karachi
Karachi is the second largest city in the world with the perspective of population size and is producing 35% of Pakistan’s tax revenue. Karachi is a city of top best projects in terms of buying or selling.
In this article, you will find the top best areas that remain active in the current market.
Here you go for different options.
Bahria Town Karachi:
Bahria town Karachi has an ideal location that is just 30 km from Malir Cantonment and next to Superhighway. Bahria town Karachi has reserved its top spot because it is considered as a hothouse for investment.
According to Adnan Mudassar of UPN, the prices have little bit increased in Bahria town and there are many plots available ranging from 125, 250,500,1000 and 2000 sq. yards.
125 sq. yard PKR 25- PKR 50 Lakh
250 sq. yard PKR 40 lakh – PKR 1 crore
500 sq. yard PKR 55 lakh – PKR 2 crore
1000 sq. yard PKR 10 LAKH – PKR 3 crore
2000 sq. yard PKR 2 crore – PKR 4 crore
Scheme 33 is located on Sohrab Katrak road and extending up to Toll Plaza Karachi. Scheme 33 is an expensive project including home to multiple housing societies. Scheme 33 is a project that as launched by Karachi Development authority. The project is very close to Gulshan-e-Iqbal town which is enclosed by different developments like Malir Cantonment and Gulistan-e-Johar. The project has a golden feature that it has covered it’s both sides by Super Highway. The most popular hosing societies are there in Scheme 33 like Metroville III and Gulshan-e-Kaneez Fatima.
Abdul Majeed of Al-Bait Properties believes that there are different plots available in different sizes like 120 sq. yards, 200 sq. yards, 240 sq. yards, 400 sq. yards and 600 sq. yards.
120 sq. yard plot prices range from PKR 10 to PKR 1.25 million and the price of 200 sq. yards range from PKR 15 lakh to PKR 2.15 lakh. Similarly, the price of 240 sq. yard ranges from PKR 30 to PKR 27.5 million while the price for 400 sq. yard and 600 sq. yard ranges from PKR 40 lakh to PKR 45 million.
DHA City Karachi:
DHA City Karachi has a huge area which is less occupied along the Karachi-Hyderabad Motorway M-9. DHA City has been acquiring energy since last month as it is expected that it will jump to the fourth position in our rankings.
There are different plots that are being offered with different sizes including 125, 250 and 600 sq. yards. Prices of 200 sq. yard started from PKR 36 lakh to PKR 50 lakh while 300 sq. yard ranges between PKR 45lakh to 75 lakhs. In case of 500 sq. yard, the prices range between PKR 60 lakh to PKR 1 crore.
There are some newly launched options that start from PKR 35 lakh, PKR 75 lakh and PKR 1 crore 80 Lakh.
DHA Defence is located near Clifton which has maintained its position. Kamran Ali of UPN said that the plots have been divided according to their developed areas that are ready for construction and also for those areas which are undeveloped. Sizes of plots are 300, 500, 1000 and 2000 sq. yards. The 300-sq. yard plot price ranges between PKR 5 crore for developed areas while PKR 3 crore for underdeveloped areas. Similarly, 500 sq. yard has the price of PKR 6.5 crore- PKR 8.5 crore for developed areas and for the underdeveloped area, the price ranges between PKR 5 crore to PKR 6 crore and so on.
We hope this article will help you out in the best way.
December 19, 2017 AT 11:42 AM
is this rates for Bahria town Karachi same for Lahore ???