Karachi is Pakistan’s largest city and metropolitan hub. Due to its growing potential and availability of opportunities, it is undergoing a population surge. Karachi’s real estate market is experiencing rapid growth. It offers various property investment options, particularly for those with a limited budget of 50 lakh PKR.
So, if you are looking to invest in the Karachi property market, understanding the options available within this range is crucial. We will explore the top 5 housing societies of Karachi, where you can acquire the desired property within 50 lakh. We will cover all essential aspects of societies that assist you in making an informed decision. We hope, by the end of this guide, you will have a clear understanding of where you need to invest your hard-earned money.
Let’s get started:
5 Best Housing Societies Offering Properties Within 50 Lakh
Buying properties can be expensive in Karachi. Numerous housing schemes offer desired properties that cater to different budgets. Several housing societies offer residential plots within the 50 lakh range. However, it is important to check their development status, facilities and amenities, legal status, and future growth potential. Below are a few Housing societies that are legal and offer the best properties within your budget range.
Bahria Town Karachi
The most sought-after residential area and well-developed community of the city is located along the super highway. In a short time, it became the trending residential area among citizens. Overall, all Bahria towns across Pakistan are expensive. In Karachi, it is a good option for people looking for properties within 50 Lakhs. Its proximity to the M9 Motorway makes it easily accessible from the city centre.
The society has acquired all necessary NOCs from relevant authorities, which proves its legal status. So, you can invest without being worried about scams or fraud. The best part is that it is surrounded by some elite residential developments, such as DHA Karachi and the ASF Housing scheme. The robust road network makes commutes in and out easy for residents.
As far as facilities and amenities are concerned, Bahira Town always keeps residents’ lives easy and convenient. The state-of-the-art infrastructure boasts a wide road network, basic utilities, a commercial zone, educational institutes, and healthcare facilities. The recreational spaces, lavish green parks, and natural beauty make it more appealing to investors.
In Bahria Town, you will see a residential plot of 125 sq.yd and a 2-bedroom apartment in the 50 Lakh range. The apartment option is good if you want a maintenance-free living space for your family. Otherwise, investing in a residential plot can be ideal for long-term investment and future monetary security.
Gulshan-e-Maymar
Another top-ranked housing society in Karachi, Gulshan-e-Maymar, enjoys a prime location in the northern part of the city. Its proximity to the Super Highway keeps it highly connected to the centre of Karachi and several other major developments. Only a few housing societies are approved by relevant authorities; Gulshan-e-Maymar is one of them. It ensures hassle-free investment.
The society is not alone in that area but surrounds itself with several top-notch societies, such as Scheme 33 and New Karachi Saadi Town. All of these societies are suitable for making Gulshan-e-Maymarr a centre of that area.
The society is renowned for its facilities and amenities. It features all necessary and contemporary facilities essential for residents’ convenience. Schools, hospitals, parks, basic utilities, and ample green spaces are all available in Gulshan-e-Maymar.
Within the 50 Lakh range, it offers small residential plots, a small house of approximately three marlas, and affordable apartments. The area is already populated, and residential spaces are always in demand. So, if you need a secure housing society that offers a peaceful living environment, you must add Gulshan-e-Maymar to your wishlist.
Scheme 33
It is the most populated and famous area among low-middle-income people. Scheme 33 comprises 290+ residential societies. Some societies are established and well-developed, while others are less established, but development work has continued. Scheme 33 itself spans over a large area extended from Gulistan-e-Johar to Karachi-Hyderabad Motorway M9. The location is suitable to accommodate a large population, away from the hustle and bustle of the city centre.
NOCs get all the approvals from relevant authorities, so it is totally safe to invest in them. Scheme 33 is surrounded by major developments such as Saadi Town, Gulshan-e-Maymar, and KDA Scheme-1. All of these societies further enhance their property values.
All the residential areas in Scheme 33 are well-connected and established. The area features schools, hospitals, shopping centres, grocery stores, recreational spaces, parks, mosques, and community centres. All these facilities make it more desirable for families looking for affordable yet convenient societies.
Within Scheme 33, you have diverse property options in the 50 lakhs range. Small residential plots and affordable apartments are popular in this range. So, if you are looking for a profitable investment in the Karachi real estate market, you can consider Scheme 33.
Malir Cantt
It is a Military-administered area located in the northeastern part of Karachi. Its proximity to the Karachi-Hyderabad Motorway further improves its importance. The area is safe and secure and easily accessible from important areas of Karachi via major roads. Like other societies, it has a clear NOC status, so you can consider it one of the safest investments in Karachi.
Malir Cantt boasts close proximity to several prominent housing areas, including Gulshan-e-Roomi, Cantt View Lodges, and Model Colony. The wide road network not only creates great connectivity between these societies but also connects them with the centre of Karachi, making commutes in and out of these societies easy for residents.
Like expensive housing societies, Malir Cantt offers top-of-the-line facilities, including schools, hospitals, shopping centres, parks, and lavish green spaces. Underground wiring, a world-class water maintenance system, and a planned sewerage system ensure the cleanliness and hygiene of the area. Round-the-clock security surveillance makes the area safe for residents.
In Malir Cannt, very limited property options are available within a 50 Lakh budget. Small residential plots and 2-bedroom apartments are available, but they are away from major roads. Still, the investment is worth it. The area is famous among people who prefer a peaceful and secure living environment.
Falaknaz Dreams
If you are new to Karachi, you may have heard this name for the first time. It is a relatively new housing society developed near Malir Link Road. It offers an easy commute to major developments such as Jinnal International Airport and the Karachi-Hyderabad Motorway. Society is new, so it fulfils all the requirements of modern residential areas. It has all the required NOCs, so making an investment in it is safe and secure.
The society is suited to a thriving residential zone surrounded by Falaknaz Residency and Gulshan-e-Roomi. It offers a modern lifestyle, as do the top societies of Karachi, but the advantage is affordability. It provides all necessary amenities and facilities like basic utilities, schools, mosques, parks, hospitals, and commercial areas. Proper space is devoted to greenbelts, greenery, parks, and recreational spaces involving community activities.
You can explore 120 sq. yd residential plots within the 50 lakh range. By communicating with property deals, you can even get small apartment deals within your budget. The society is ideal for people who want a luxury lifestyle within affordability.
Investing your well-deserved money in Karachi can be beneficial only if you choose the best residential area. The above-mentioned housing societies offer diverse property options within 50 lakhs. All of these societies are well-developed, offer exponential facilities, possess legal status, and have future growth potential. You can further investigate them by taking advantage of our free ask service. Best of Luck with your future investment goals.
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