Karachi a metropolitan city has been ever-expanding since the 1980s. A number of housing projects and societies have been sprung all around the city. The best example of this expansion is DHA City and Bahria town which is well outside the actual city limits of Karachi. Gone are the days when property investment opportunities were limited to Clifton and Defence, now a wide variety of choices is available for both the long and short-term investor.
Bahria Town Karachi
Bahria Town – A city within a city, launched in 2014, provides international level accommodation and amenities for the residential and commercial customers within the gated walls. It has been a hot cake for local investors as well as Pakistanis residing abroad.
DHA City
About 30 km from Karachi airport, covering an area of around 20,000 acres, DHA city is another real estate investment choice of the majority. It is the first green housing project of the city that doesn’t rely on conventional supply of electricity for powering its residential and commercial units as it is off-grid and generates its own electricity via the solar park. A constant increase in the demand for plots has seen a rapid rise in price. It is divided in 17 sectors which will be gradually developed by 2030.
Taiser Town
Comprising of 20,500 acres of land located in the North-East of Karachi city, Taiser town is the true deal for the lower and middle class. A large portion of Northern bypass passes through Taiser town making it an important zone in future. Despite being located on Northern Bypass, Schools, Colleges, Hospitals, Banks, etc. are all at a comfortable access. It is a good long term investment in the undeveloped sectors as well as short term investment in developed sectors of the scheme. Taiser Town plots for Sale!!! Current value of 80 square yard plot is from 400,000 to 800,000 in different sectors of Taiser town phase 1 and from 200,000 to 300,000 in Taiser town phase 2.
Naya Nazimabad
2 km from Sakhi Hassan, Naya Nazimabad is a developing project. A gated accommodation planned for providing all basic amenities. It consists of blocks A-D, M, and N having residential plots of 120 to 400 square yards. It has been planned, keeping in mind the affordability of middle-class. So far it has been equipped with electricity, water, gas and sewerage lines. Mosque, park, school, gymnasium and community center are all within the boundary wall of the project.
Scheme 33/ Gulzar-e-Hijri
Sprawled from Al Asif Square to New Sabzi Mandi on Northern Bypass, scheme 33 comprises 54 sectors. Several famous housing projects such as Gawalior society, Ancholi, Saadi town, etc. are located in scheme 33. Almost all areas of Karachi are accessible through public transport from scheme 33. Overall it is a large residential and commercial area continuously being developed and therefore a good real estate investment opportunity for both long and short-term gains.
