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PKR6 Crore
SB Plot Available For Sale
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Northern Bypass, also known as the M10 Motorway, is a two-lane road that works as a link between M9 Motorway and Karachi Port. It is about 57 km long. It begins at Muhammad Ali Jinnah Road and ends at KPT Flyover. Its construction started in the year 2002 and completed in 2007. In the past few years, many developers have set up real estate projects in the area alongside Northern Bypass, considering the increase in demand for housing in peaceful areas away from the main city.
Therefore, people who want to live away from the hustle and bustle of Karachi might want to invest in Northern Bypass. The area is not only suitable for housing, but it is also ideal for commercial use.
A lot of projects on Northern Bypass have been completed while some are still under construction. For commercial purposes, there are plots up for sale in Sherwani Royal City, Annafeu Garden, and The Motorcity. In these areas, commercial plots have been planned within specific blocks. However, that could change in the future since more people are moving to these societies and the demand as well as the need for commercial units is increasing.
120, 200, and 400 sq. yd. commercial plots in Northern Bypass are ideal for businesses, manufacturing plants, parking lots, malls, office complexes, restaurants, petrol pumps, warehouses, and other profit-generating places.
Due to a sudden increase in foreign investment and the launch of China Pakistan Economic Corridor, prices of commercial properties on Northern Bypass have skyrocketed over the past couple of years. You can get a 120 sq. yd. the commercial plot here for as low as PKR 13 and as high as PKR 35 lakh. In the 200 sq. yd. category, prices range from PKR 1 to PKR 1.25 crore. Prices of 400 sq. yd. commercial plots are in the range of PKR 1.4 to PKR 3 crore.
The development of Northern Bypass not only facilitates travelling of people and transportation of heavy cargo but also connects several residential areas. All of the housing societies lined along the bypass offer or will offer, their own facilities in the near future. From parks to offices, everything is planned and the construction, as of January 2019, is ongoing. The availability of water, electricity and gas supplies depends on each housing scheme. However, in Sherwani Royal City, Annafeu Garden and The Motorcity, these connections have already been provided.
In 2010, the Motorway Police took control of the security on Northern Bypass. Since then, concerns pertaining to crime and safety have become considerably less and the motorway has become relatively safe for people and cargo drivers. Even business owners can feel safe to start their operations here.
For land investments in Karachi, the market is overflowing with opportunities. However, there is one downside. The market and the city is getting too crowded. So, in order to tackle this problem, local and foreign investors are trying to build new residential areas on the outskirts of the city and most of these lie along Northern Bypass. A few of the biggest housing schemes on Northern Bypass include Fazaia Housing Scheme, The Motorcity, Golden Valley, Fazaia Bungalows, Samnan Town Cooperative Housing Society, Sherwani Royal City, Annafeu Garden, and Stylish Valley Housing Scheme. Since almost all of these residential communities are situated near one another, the footfall will be impressive, no matter which area you choose to set up your business.