New schemes are bringing more options to the table for those who are looking for properties for sale in Karachi. Among many new societies, North Town Residency is for people who want to live away from the chaotic life of Karachi. It is a gated society located in 5A/3 Sector of North Karachi. It is a project by Global Financial Solutions (GFS) Builders and Developers built near the 4k Chowrangi. The North Town Residency is fairly close to Buffer Zone and Naya Nazimabad. About 80% of the development work here has been completed and the rest will be done soon. Since their launch in 2015, properties in North Town Residency have been in high demand due to the fact that it is located far from the busy and noisy city of Karachi.
Most of the sectors within North Town Residency are fairly developed. This means that you can buy a plot and start building a house at your convenience. Also for investment, plots are in high demand. Superior Block and Diamond block have several options for plots. In smaller units, they are offering 80 sq. yd. plots. Other than this, 120 sq. yd. plots in North Town Residency are also being offered. If you are willing to construct a house, then GFS offers its services in construction as well.
North Town Residency isn’t as big as other housing schemes like Bahria Town or DHA. This is why prices of plots here are quite reasonable at this point. People can afford them easily. However, there are several factors that impact prices like the location of a particular plot, for example, its area and the extent of development around it. 80 sq. yd. plots for sale fall in the range of PKR 8 lakh to PKR 30 lakh. The price of 120 sq. yd. plots starts at PKR 11 lakh and can go as high as PKR 50 lakh. You can either buy the plot by paying a lump sum amount or via instalments.
Although North Town Residency lies at a considerable distance from the main residential and commercial areas of Karachi, almost all essential facilities are available here. Residents have easy access to several mosques, a community centre, a play area, and some family parks. The roads are brand new with pavements lined with green belts. The sewerage system is also very efficient.
As far as security is concerned, North Town Residency is a walled community and there are check posts on all of the entrances. Security guards inside the society also stay vigilant 24/7.
The authorities are working on building schools and colleges in North Town Residency. However, in the same sector, the residents can choose from nearby options like Zoom Public School, Talha Grammar School, The Smart School, Nai Roshni School, and Mary Public School. Iqra University North Campus is the closest institute to get a degree. Again, several healthcare facilities inside North Town Residency are in the pipeline, but the nearest ones are Aqeela Latif Memorial Hospital, Agha Khan University Hospital Medical Centre, Al Badar Medical Centre and Maternity Home, and North Karachi Hospital.
There aren’t any big busy malls around North Town Residency but if you want to shop for clothes and accessories, there are many options like Omega Mall, Kapra Market, Karim Centre, Chase Department Store, and Karachi Shopping Mall. Several marts in the area make shopping for groceries convenient. These include Noor General Store, Bismillah General Store, and Shahbaz Karyana Store. Not many mainstream restaurants are present near North Town Residency. Still, Al Madina Restaurant, Salwa Fast Food, Baithak Restaurant, Hani’s Fast Food, and Shah Family Restaurant are some options worth trying out.
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