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Karachi is a coastal city with apartment buildings dotting its vast landscape. It’s a megacity perched on the Arabian Sea, where, over the years, real estate developers and investors have created a large number of meticulously-designed vertical structures. While demand for apartments remains strong, in recent years, the demand for constructed houses has also increased. This shift is primarily attributed to buyers preferring more space and privacy to settle with their families. For this very reason, more developers are now offering options to book a house on instalments in Karachi with flexibility.
If you live in the City of Lights and are looking for a new abode that offers convenience of payment, then have a look at our pick of the best options below.
Book A House On Instalments In Karachi: A Look At Trends & Options
But first let’s look at the emerging trends; a shift from apartment to houses in Karachi for the period 2018-2020. Zameen Trends shows that during this period, the demand for houses it increased by a whopping 132%. Meanwhile,the demand for apartments rose by 122%.
As the demand increases, so does the price. The average price of 120 sq yd houses increased by 35%, that of a 240 sq yd unit registered a growth of 17% and the price for a 605 sq yd house shot up by 13%. As for the average annual rental yield for houses, it stood at 4.5%. At the same time, the value of one-bed apartments increased by 15%; two-bedroom apartments experienced an 18% hike and three-bedroom apartments registered a 13% price increase.
Now that we have established that prices of residential properties are increasing, especially that of houses, let’s look at some prominent projects in Karachi that are offering constructed houses on easy instalments.
Osman Bungalows
Osman Bungalows is located in Gulshan-e-Usman Housing Society in Scheme 33, which sits adjacent to Gulistan-e-Jauhar. The housing society is a gated, well-planned complex and offers a comfortable living experience through the many amenities that it offers. It has a park, school, mosque, a hospital, and dedicated green spaces. Scheme 33 is seeing one of the most rapid developments in Karachi—well on its way to becoming one of the most sought-after housing development avenues in the metropolis.
Amenities in Osman Bungalows
The houses are built with modern architectural designs. Some of the unique features of houses are:
- All time transport facility
- Hot and cold water supply
- Spacious parking
- Steady and durable
- Marble flooring
- Special arrangement for air and light
- Modern design, stable construction
- Earthquake proof structure
- Concealed wiring
- Glaze tiled bathroom
- American-style kitchen
Houses On Instalments
Osman Bungalows offers 120 sq yd houses on easy instalment plans. All houses are designed to give the maximum value of money. Apart from the world-class furnishings of the house, and high-value construction materials used, the residents will benefit from a safe communal living environment. Residents can socialize at the community center, which houses a sports complex as well.
Noman Royal Villas
Noman Royal Villas is the next big thing in contemporary lifestyle as it aims to elevate environmental consciousness to a whole new level. It is a project that combines the best of luxury and green engineering to offer a new investment opportunity in the most exciting freehold developing community in the heart of Karachi. This society is located in Surjani Karachi Development Authority Scheme 41. It is located on an intersection of Super Highway, and Northern Bypass.
Amenities In Royal Villas
Wondering what Noman Royal Villas has to offer? Here, you’ll find:
- Lush green landscapes with fountains
- Mosque
- School & college
- Parks & playgrounds
- Hospitals
- A courtyard for business & social activities
- Plazas & arcades
- Wide roads and streets
Houses on Instalments
Noman Royal Villas offers well-built houses in three sizes: 160 sq yd, 120 sq yd and 80 sq yd. These property options are quite unique and make an investment here unique. The houses are designed in a way that makes the optimum use of space. The architectural designs are unique, and in line with world-class furnishings with contemporary amenities.
De Comforts
De Comforts, located in Gulshan-e-Iqbal, aims to offer a high degree of residential comfort. It is a housing society that offers modern planning, has property options with state-of-the-art amenities, first-rate fixtures and fittings, eye-catching elevation, and a sophisticated interior.
Amenities In De Comforts
The project offers a number of prominent features and amenities, some of which have been listed below:
- Gated community
- Central location
- Dedicated car parking spaces
- Shopping centers
- Lush green landscapes
- Spacious roads
- Security system
Houses On Instalments
De Comforts offers 120 sq yd, 4-bedroom, fully constructed houses. The units have tiled bathrooms, marble flooring, modern kitchen designs with world-class furnishings, top-notch sanitary and electrical fittings and a dedicated parking space. Since these houses are available on easy instalments and you shouldn’t wait to book yours.
Oasis Park Residencia
Oasis Park Residencia is a project of BRB Properties Builders and Developers, Pakistan’s most innovative builders with over decades of invaluable experience and expertise in construction and land development works.
What particularly sets this project apart is its location, on Main Superhighway, overlooking the exclusive housing development of Malir Cantt. The vicinity offers ease of access to several major medical, educational, and recreational avenues.
- Opposite Malir Cantt Highway Link Road (Jinnah Avenue)
- 2 minutes’ drive away from Al-Habib Restaurant
- 10 minutes’ drive away from Jinnah International Airport
- 15 minutes’ drive away from Gulshan e Iqbal Town
Amenities in Oasis Park Residencia
The project features uber-luxurious houses with a number of amenities and facilities. These include:
- Community center & clubhouse
- Schools
- Ladies park
- Children play area
- Botanical garden & urban forest
- Indoor Play Area
- Outdoor Café
- Smart Home Automation facility
- Automatic Sprinkler & Drip Irrigation System in Parks
These amenities will ensure that the residents have a comfortable life, within the confines of the housing complex.
Houses On Instalments
Oasis Park Residencia is offering fully-constructed homes on flexible instalments. All houses on offer span over 120 sq yd and are beautifully designed, keeping up with international standards of architecture and decor. After making a 30% down payment at the time of booking, the rest of the amount will be divided into 36 monthly instalments and 6 balloon payments. You will also have to pay 12% of the total unit cost at the time of finishing and another 6% on possession.
Oasis Park Residencia is a project by BRB Properties and Builders, one of Pakistan’s most innovative Builders & Developers Company with over decades of invaluable experience and expertise in construction and land development works. What’s even better is that this project has been approved by Sindh Building and Control Authority and Malir Development Authority, which means your investment here is safe.
This project offers a prime location—just a 15-minute drive away from Jinnah International Airport, which is barely a minute away from Shahra-e-Faisal, a veritable carotid artery of the city. This feature will offer residents of Oasis Park Residencia a unique opportunity to easily access the entire city of Karachi and enjoy the best entertainment and commercial activity avenues to the fullest. From the layout of the housing society to the interior designs of houses, Oasis Park Residencia is sure to give residents the best opportunity to enjoy themselves.
If you want to book a house on instalments in Karachi in Oasis Park Residencia, please fill out the form appearing at the bottom of your mobile page or on the right-hand side of your desktop screen.
If you have any queries, write to us at blog@zameen.com. Also keep checking Pakistan’s largest real estate blog, Zameen Blog, for all the latest information on property, laws and taxes, home decor, lifestyle and tourism.
