Karachi is a hub of diverse housing societies. Most are well-established, and a few are under construction. Its real estate market is evolving rapidly, introducing modern infrastructure. Every residential area tends to cater to the needs, preferences, and budgets of homebuyers and investors.
If you have a budget of 1 crore, you can find the property you desire in the best housing societies of Karachi. The guide will assist you in making an informed decision about which property you should choose for investment. We will cover details for prominent housing societies that offer properties within your budget.
DHA Phase 6
Developed by Defense Housing Authorities, DHA is the most sought-after and well-established residential area in Karachi. Overall, DHA is segregated into multiple phases, all of which offer unique living experiences. DHA Phase 6 offers properties within your budget. It is located in the southern part of Karachi, near major roads such as Shahrah-e-Faisal and Khayaban-e-Ittehad. The locality is easily accessible from the city center and surroundings.
Due to the robust road network, the phase is well connected to other phases, public transport stations, and other major roads. It makes commuting to work, schools, colleges, universities, and other daily necessities easy.
DHA never compromises on providing luxury living standards to its residents; it’s all because of facilities and amenities. Educational institutes, healthcare services, commercial areas, sports complexes, parks, and recreational spaces are reachable in a few minutes. The authorities introduce high-tech security surveillance to keep the crime rate low and negligible.
The DHA Karachi is famous among other societies because of its top-notch infrastructure, security, and upgraded commercial areas. It has gained the honor of being a prestigious housing society all across Pakistan.
Within one crore PKR, DHA Phase 6 offers Marla plots of various sizes and 5 Marla meticulously designed houses. You can also check out small properties like small apartments and shop within this budget.
Gulshan-e-Iqbal
Gulshan-e-Iqbal has retained its position among the top five residential areas in Karachi for the past few decades. It is a well-established and vibrant community that enjoys a prime location in the eastern part of Karachi. It spans hundreds of acres and offers a variety of housing options. Gulshan-e-Iqbal is surrounded by several famous housing areas, such as Gulistan-e-Jauhar and Liaquatabad. Due to its proximity to University Road, it is easily accessible from major areas of Karachi.
The robust road network benefits this area in terms of good connectivity to various parts of Karachi. A bus station, Rickshaw service, and Online Vehicle service are available 24/7 to serve area residents.
The residential area accommodates hundreds of families, so it doesn’t compromise on providing the best facilities and amenities. The society is home to schools, hospitals, parks, and a commercial zone. Residents don’t need to go to other areas to meet daily requirements.
The society stands out from its surroundings because of its well-maintained streets and central location. The availability of top-notch facilities and the effectiveness of property pricing attract homebuyers and investors. Moreover, it provides opportunities.
With an investment of 1 crore, Gulshan-e-Iqbal offers 5 Marla to 10 Marla residential plots in different locations of society. Property prices may vary according to size, location, and distance from main roads.
Korangi
Korangi is famous as an industrial zone in Karachi. The truth is that it is a meticulously planned residential area popular among middle-income families. The area is convenient, and the properties are affordable. Korangi is in the southern part of Karachi, near major industrial zones. It is well-connected to the rest of the city. Two major roads, Korangi Road and National Highway Road, make this connection even stronger.
The residential area is accessible from major developments in Karachi. Public transport well serves this area. Its proximity to the commercial and industrial zones makes it a preferable choice for investors and business owners.
The area has all the necessary facilities, such as healthcare, education, a commercial zone, and markets. It doesn’t offer a premium living standard, yet it offers all basic utilities for daily living. The location and effectiveness are the unique points of this area. It is a good choice for those who want budget-friendly housing.
Within one crore, Korangi offers 5 Marla or bigger houses in different locations. You can buy two different residential plots in this budget. Property prices are lower in this residential area than in the surrounding areas.
Bahria Town
Being a popular residential area across Pakistan, Bahria Town offers premium living to its occupants. It is a well-organized and master-planned society segregated into different sectors to cater to the needs and budget preferences of investors.
It is located away from the hustle and bustle of Karachi and can be accessible from the Highway. The considerable thing about Bahria Town housing society is its cleanliness, hygiene, and serene environment. Although it features modern infrastructure and urban development, it doesn’t compromise on nature’s beauty and greenery.
It is well-connected to Karachi’s center and other parts via major roads and highways. Public transport plays a crucial role in keeping people moving in and out of society without hassle. Bahria Town Karachi features top-notch facilities and extensive amenities.
You don’t need to worry about healthcare services or child education. All are available in the vicinity. Several other facilities have been added, like a golf course, sports complexes, a cinema, and themed parks.
The residential area is famous among people from Karachi’s rich class. It offers a high-quality living standard to families. The properties are expensive. For one crore, you can buy residential plots in various sectors. Otherwise, you have a choice of 5 Marla well-constructed houses in Bahria Town Karachi.
North Karachi
Another well-established commercial and residential area of Karachi. It is popular among middle-class families looking for budget-friendly housing options. In this area, you will have options for residential and commercial properties.
As the name suggests, it is located in the northern part of Karachi. It boasts good connectivity with other parts via major roads such as the Karachi Northern Bypass. The great road connectivity makes commutes easy to central Karachi and the surrounding areas.
The area features modern infrastructure, extensive facilities, and amenities that can support a comfortable life. Unfortunately, the area doesn’t give you a luxury living vibe. Well, properties are well-planned and maintained. It is good for those looking for budget-friendly properties and prefer spacious areas under efficiency.
With an investment of 1 crore, you can buy 5 Marla to 10 Marla houses in different locations. Residential 5 Marla plots may cost 30 to 40 Lakhs in various localities, so you can check out different plots within this budget.