House hunting is not an easy task. You have to keep a lot of things in mind, such as the type of house you want to buy, the area size, the facilities available in the neighbourhood and most importantly, your budget. Depending on your personal preferences, you can easily find houses of all shapes and sizes in the sprawling metropolis. Therefore, if you’re looking for 475 to 525 sq yd houses for sale in Karachi, there are quite a few well-developed areas across the city offering such units within the price range of PKR 6 and 8 crore.
Top Areas with 475 to 525 sq yd Houses for Sale in Karachi between PKR 6 and 8 Crore
According to the user behaviour observed on Zameen.com, during the first six months of 2019, those searching for 475 to 525 sq yd houses for sale in Karachi between PKR 60 and 80 million showed interest in these areas.
Karachi Cantt, Malir and North Nazimabad appeared to be the most popular areas to buy a house in Karachi with prices averaging between PKR 6 and 8 crore. The other sought-after areas include Defence Housing Authority (DHA), Gulshan-e-Iqbal Town, Gulistan-e-Jauhar, Korangi, PAF Housing Scheme, Nazimabad and Shahrah-e-Faisal.
Here’s a general overview of the top 3 areas along with the facilities and amenities available to the residents.
Karachi Cantt
Karachi Cantt topped the list of most popular areas with 475 to 525 sq yd houses for sale in Karachi between PKR 60 and 80 million, according to the data collected in August 2019. These houses for sale in Cantt, which is one of the biggest and well-developed areas in the city, cost PKR 6.9 crore on average. It comprises Malir Cantonment, Clifton Cantonment and Faisal Cantonment among other areas.
In terms of property, the upscale residential society of Malir Cantt is the most popular locality to buy 475 to 525 sq yd houses within the given price range.
This housing scheme is renowned for its clean and secure environment, modern infrastructure and availability of world-class amenities. Owing to its prime location and proximity to Super Highway, Malir Cantt is extremely well-connected to the rest of the city, thus residents have easy access to public transportation. The gated community also houses some of the best schools, colleges, hospitals and restaurants in the city.
If you’re looking to buy 475 to 525 sq yd houses in Malir Cantt, Askari 5 offers such units at the starting price of PKR 6 crore. These houses mostly have between four to six bedrooms with attached bathrooms among other amenities.
Malir Karachi
Malir is yet another top area to buy 475 to 525 sq yd houses in Karachi within the price range of PKR 60 and 80 million.
The average price for 475 to 525 sq yd houses for sale in Malir is PKR 7.1 crore. Bordering Malir Cantt, this area offers a range of affordable housing options. Public transportation is readily available throughout Malir while Karachi Jinnah International Airport is located at a short 6-minute drive.
Within Malir, Falcon Complex New Malir offers 475 to 525 sq yd houses for sale for a starting price of 6.5 crore. Most houses of this area size include up to five bedrooms with attached bath along with parking space and garden among other amenities. Also known as AFOHS Complex New Malir, this residential society is located opposite Check Post 5 on Malir Link to Super Highway.
Falcon Complex New Malir is a well-developed housing scheme with well-maintained roads, lush green parks and a variety of accommodation options. Branches of all almost all top schools, banks and state-of-the-art hospitals are also located in the vicinity.
North Nazimabad Karachi
Located in the heart of Karachi, the sprawling neighbourhood North Nazimabad is one of the most sought-after areas to buy houses in the city. Offering both affordable and upscale housing options, this area is home to a number of sports complexes and cricket grounds, shopping centres and supermarkets, educational institutes, hospitals, restaurants and parks among other facilities.
The average price for 475 to 525 sq yd houses for sale in North Nazimabad is PKR 6.6 crore, as recorded in August 2019. The area comprises 20 blocks, of which Block B and Block F offer houses within the specific area size with for prices averaging between PKR 6 crore and 8 crore. Most of these houses have somewhere between four to six bedrooms. However, this might vary depending on the number of floors in each house.
Imtiaz Store, Sachal Rangers Mess and Gym, Lifeline Hospital and Asghar Hospital are some of the most well-known landmarks located in and around North Nazimabad Block B. Public transportation is also easily available in the area.
On the other hand, Ziauddin University North Campus, Preston University, Chiniot Community Hall and Al-Noor Mosque are among the most famous places located in Block F. It is also home to a number of popular wedding halls and banquets.
Meanwhile, DHA is also an incredibly popular option for real estate investment owing to its state-of-the-art infrastructure and prime location. The average price of 475 to 525 sq yd houses in Defence Karachi is PKR 6 crore.
If you’re looking to buy real estate in Gulshan-e-Iqbal Town, one of the most populous and expansive areas of Karachi, you’ll have to pay PKR 6.4 crore on an average for a 475 to 525 sq yd house.
Gulistan-e-Jauhar is also an ideal area to buy 475 to 525 sq yd houses, which are priced at PKR 6.1 crore on average. The area is under dual administration of Faisal Cantonment and City District Government of Karachi.
You can also take a look at our H1 2019 Karachi Property Market Report to get a clear idea regarding options for real estate investment in Karachi.
For more information regarding a property for sale in Karachi within a certain price range, stay tuned to Zameen Blog, the best real estate blog in Pakistan. Moreover, you can send your suggestions and queries at blog@zameen.com.
