High Demand Localities to invest in Karachi 2019

Real Estate Investment in Pakistan has always been a 50/50 risk overture until lately with positive economic growth and stability manifestation the interest in the property market and investor speculation has increased tremendously. Karachi is a posh city with high standard infrastructure and community development with a mature real estate market immersed in high rise buildings, luxury apartments, designer homes & villas and lavish farmhouses. There is still quite some confusion for potential investors and customers when deciding upon the housing societies to buy plots and homes, so today we will guide you on that subject.

According to the latest demand statistics of Karachi, the top housing societies most sought after based on public preference and ranking are the following,

Scheme 33 Karachi

Scheme 33 Karachi is a master plan society that secured top position in Karachi for investment in houses, residential plots and apartments. Scheme 33 is ahead of all residential societies by 12.8% with sector A being hottest in demand particularly Saadi Garden and Saadi Town.  In order to buy a 120 sq yd. residential plot in Scheme 33 the price is estimated between Rs.33Lacs to 60Lacsand a 120 sq.yd house costs Rs.85Lacs-1.3Crores. A 2-bedroom apartment in the society will fall within the price of Rs.45Lacs-1Crores.

Gadap Town

Gadap Town situated at the far suburb areas in Karachi is 2nd highest demand residential society that occupies a 12.26% of total property searches with most trending localities within the area include Taiser Town, Surjani Town, Gulshan e Maymar. Investing in a 120 Sq.yd house in Gadap town costs Rs.85Lacs to 1.5Crores, 120 Sq.yd residential plot available for sale will cost about Rs.27Lacs-70Lacs. There are multiply sized apartments available for premium living in Gadap Town and 2-bedroom apartment in the area will cost for Rs.55Lacs-75Lacs. Gadap town is highly appealing in terms of pristine atmosphere and diverse housing choices for Karachiites.

DHA Karachi

There is no doubt that DHA Karachi is one of the most popular societies with the third most highly searched town for property investment with 11.1% of total buyer search. DHA Karachi is an established brand name with extravagant facilities and housing options to guarantee a quality lifestyle. DHA Phase 5, 6 and 8 are top attractive areas catching the highest investment as other phases are overcrowded. 120 Sq.Yd house will cost Rs.3.3-5.5Crores whilst the same size plot will cost within the range of Rs.1.8-3.4Crores. For a 2-bedroom apartment for sale in DHA Karachi will cost Rs.65Lacs-1.5Crores.

Bahria Town Karachi

Bahria Town Karachi is the most desirable housing society that is well-known for its exclusive master plan community and infrastructure development. Bahria Town Karachi is positioned at 4th ranking with a total of 7.6% property search. The most in-demand areas that investors buy property within Bahria Town include Bahria Paradise and Bahria Sports City. 125 Sq.YD house in Bahria Town will cost Rs.1 Crore to Rs.1.25Crore and those looking for an apartment (2-bedroom) costs Rs.48Lacs up to Rs.1Crore. A residential plot of 125 Sq.yd will cost Rs.18 Lacs-65 Lacs.

For those looking to invest in Karachi, are welcome to contact Apex Group for professional consultation and price information. We will guide them in the right direction.