Karachi is located near the Arabian Sea and the Indus River Delta. Therefore, Pakistan has two main seaports: the Port of Karachi and the Port of Bin Qasim. These ports contribute heavily to Pakistan’s GDP.
The Sand Beaches of Karachi attract visitors from all over the world. Moreover, Karachi is famous for several traditional bazaars, such as Meena Bazaar and Urdu Bazaar.
Karachi has top-standard educational institutions, healthcare centers, a modern shopping mall, eateries with diverse cuisines, etc. It provides all the facilities and amenities for its citizens to live comfortable lifestyles.
Karachi is Pakistan’s biggest and fastest-growing city, offering citizens unlimited opportunities. The increasing population demands the need for housing societies, so the property and real estate market is growing exponentially.
The “city of lights” offers excellent options for prospects to invest in real estate in terms of living and property investment. Several state-of-the-art housing schemes are popular worldwide, and other top-notch residential development projects are rapidly developing.
It is overwhelming to find top property investment areas on a large scale, especially when the real estate market is evolving fast. To over compilation and fraud, here is a guide to the best housing societies to invest in Karachi. The blogpost will assist you in the right decision-making and obtain desirable outcomes.
Best Areas to Invest In Property in Karachi
These residential areas are top-performing according to recent data.
- DHA Karachi
- Bahria Town
- Scheme 33
- Gulistan-e-Johar
DHA Karachi
Defence Housing Authority Karachi always secures the top position with respect to the best areas to live in Karach. It is considered one of the most prestigious, modern, yet expensive housing societies. It spans a large land and is meticulously segregated into 8 Phases for the best infrastructure.
DHA Karachi offers top-of-the-line facilities and amenities to its residents. Yet, this is not its unique point. The top-notch housing society is famous for its location near Clifton Beach. The Sea view adds more value to it and increases demand. Living in the best housing scheme ensures you enjoy luxurious amenities, a prime location, world-class infrastructure, and a prestigious community.
DHA Karachi shows unbeatable support for religious activities, not only for Muslims but also for minorities. You will see spacious and constructed Mosques in DHA Karachi. Some are the most famous, such as Ayesha Masjid, Jama Masjid Auliya, and Fatima Masjid. You will see churches and other religious places here. Some popular names are Church of Christ, Thomas’ Church, Anthony’s Parish, and Newlife Technological Seminary.
DHA Karchi is a hub of several commercial zones in different phases. These markets have shopping centres, grocery stores, supermarkets, and banks. Some famous commercial markets are Badar commercial, Bahria commercial, Saba commercial, and Rahat commercial.
DHA Karachi is so modern and updated that it hosts several popular restaurants, hospitals, educational institutions, and public transport. In short, it provides all the facilities a person or family needs to enjoy a premium lifestyle.
Different phases have different prices for residential and commercial properties. However, it is considered one of the most expensive areas of Pakistan, so you can expect the price of 5 Marla residential plots in crores. Yet, investing in DHA Karachi for living and property investments is a worthwhile decision.
Bahria Town
It is a mega residential project developed and maintained by Bahria Town Pvt Ltd. According to recent data, Bahria Town residential development always retains its remarkable position among the top real estate projects in Karachi. It enjoys a premium location just 25 minutes away from Jinnah International Airport. Its close proximity to the super highway Toll Plaza increases its worth.
The overall design and pattern resemble those of other Bahria Towns across Pakistan. The meticulously planned housing scheme features top-notch facilities and state-of-the-art infrastructure. It is home to several of Pakistan’s 5-star hotels, modern and largest shopping malls, and world-class security services.
Not only that, but it hosts several top schools in Pakistan, such as Roots Millennium School. Authorities didn’t compromise on providing the best healthcare services to their residents. Bahria International Hospital serves not only Bahria residents but also patients from all over Pakistan.
You will find several parks, recreational spaces, playgrounds, and eateries such as McDonald’s to enjoy time with your loved ones. It is suited away from the hustle and bustle of the city centre, but the robust road network has made commuting in and out convenient. Residents can use easy, approachable public transport to move to Karachi centre and vice versa.
Bahria Town Karachi has four subdistricts: Bahria Sports City, Bahria Golf City, Bahria Paradise, and Bahria Heights. All four are well-established and feature top-notch facilities and amenities. Bahria Sports City is most famous for its ready-made sports villas, but all four have top-tier facilities.
Overall, residential and commercial properties are available in different areas of Bahria Town. The property prices compete with the DHA Karachi property prices. Ali Block, in Bahira Town Karachi, Precinct 12, is famous for affordable 125 sq yd plots. You can check out more affordable properties in Bahira Town Karachi on Xmarla.
Scheme 33
Surprisingly, Scheme 33, also known as Gulzar-e-Hijri, is the most searched area for buying properties in Karachi. It is the fastest-developing locality near the Super Highway. It is one of the oldest housing schemes in Karachi, initially co-owned and developed by the Karachi Development Authority and Board of Revenue. In 2004, the project was handed over to the City District Government of Karachi.
Nowadays, Scheme 33 is a house of almost 293 housing societies segregated into 54 sectors. The top famous housing societies in this fast-paced residential development area are Lawyers Colony, Gwalior Cooperative Housing Society, and Incholi Cooperative Housing Society.
As this is the fastest-growing residential area in Karachi, it means the authorities didn’t compromise on providing world-class facilities. You will have all the necessary and contemporary facilities to live a peaceful and comfortable lifestyle.
Scheme 33 has many towns, and all areas have mini-markets to ensure residents can easily access daily necessities. It also features several popular markets or stores, such as Waqar Superstore, Al Amin Traders, MashaAllah Superstore, and Liaquat Market. Moreover, several traders host Mungal and Jumerat Bazaar, and Peer Budh Bazaar is also popular among residents.
Education is of prime importance, so Scheme 33 hosts several public and private educational institutions. Famous institutions are Beaconlight Academy, Shaheen Cambridge School, and Malik Public School. Indeed, for higher studies, colleges and universities are close by. The University of Karachi is just 14 minutes away from the main area of Scheme 33.
Moreover, several top-notch medical facilities are also available in Scheme 33. Some of them are popular and most visited by residents, such as Memon Medical Institution Hospital, Dow University Hospital, and Kiran Hospital.
Despite all the best facilities and amenities Scheme 33 provides to its residents, it is considered the most affordable option for living in Karachi. You will find diverse property options in different localities within your budget.
Gulistan-e-Johar
It is another mage residential project in Karachi, divided into 20 blocks. It maintains its top position among the best property areas because of its popularity among middle-class families. It enjoys a prime location and is accessible from major city roads, such as the Northern Bypass, Rashid Minhas Road, Super Highway, and Shahrah-e-Fasial. Jinnah International Hospital is almost 10 minutes away from the locality.
Gulistan-e-Johar is not as famous and expensive as DHA Karachi and Bahria Town. However, it provides all the facilities and amenities necessary to live a healthy and comfortable lifestyle. You will find top educational institutions, parks, hospitals, eateries, and recreational spaces within and nearby localities.
If you have a limited budget and want to enjoy a top-tier living style with affordability, Gulistan-e-Johar should be on your list. It offers diverse property options, such as residential plots, houses, apartments, and commercial plots in various locations.
The property prices are far less than those in DHA and Bahria. For instance, a 120-square-yard plot can cost between 10 million and 17 Million. Apartments in this residential area vary in size and cost. It is estimated that a small apartment of 900 sq. ft. costs between 3 million and 10 million. You can estimate the property prices accordingly.
It is a project of King’s Builder, popular for quality construction and well-established. Investment in Gulistan-e-Johar is beneficial for both home buyers and investors. As a home buyer, you will provide your family with the best facilities and top-tech security. As an investor in properties, especially residential properties, you will have the opportunity to get the desired results in no time. The reason is that it is already popular, and housing is in demand.
We hope you will find this guide helpful. It reviews the best areas to invest in Karachi in 2024. If you have any questions about available investment options in the best affordable housing societies in Pakistan, reach out to us through free ASK SERVICES.
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