An Analysis of the Investment Opportunities in North Karachi vs. North Nazimabad

IN THIS POST:
– Features of North Karachi vs. North Nazimabad
– Average Prices of Property in Both Localities
– Best Areas to Buy Property

If you want to buy affordable property in Karachi, you should consider an investment in its northern towns and housing societies, where several affordable properties are up for grabs. Two neighbouring housing societies that you can focus on during your search are North Karachi Township and North Nazimabad, both of which offer a range of plots, houses, as well as flats for sale in Karachi. Here’s our analysis of North Karachi vs. North Nazimabad, based on the data we’ve collected from Zameen.com. 

Features & Amenities in North Karachi and North Nazimabad

Lying nearly adjacent to one another in the northern part of the city, North Karachi and North Nazimabad boasts economical buys in the real estate market of Karachi. Here’s a quick comparison of North Karachi vs. North Nazimabad focused on the different facilities and amenities offered by each of these housing societies:

Now, let’s cover the facilities and features of both housing developments in detail below.

Facilities in North Karachi

North Karachi or North Karachi Township is located on one side of Buffer Zone, with North Nazimabad touching the other edge. It is home to Sectors 7 to 12, with societies like New Karachi Town and Naya Nazimabad as neighbours.

While the township is not gated and is densely populated, here are some of the best features of North Karachi:

• Provision of basic utilities
• Park and mosques in every sector
• Gyms and sports grounds
• Sports complex
• Graveyard
• Proximity to high-quality educational institutions
• Home to local clinics as well as hospitals
• Mixed-used real estate
• General stores and weekly markets for essentials
• Several public transport routes

Facilities in North Nazimabad, Karachi

Located between Buffer Zone, Nazimabad, Orangi Town, Federal B Area, and Gulberg Town, North Nazimabad Town is often the choice of homeowners who want to stay in a location close to the city centre at an affordable price range. This is primarily because most professionals must travel to Shahrah-e-Faisal or beyond daily for their work. North Nazimabad is home to Blocks A to U, with a range of facilities and amenities for residents. Let’s take a look at these below:

• Availability of basic utilities
• Ideally located for daily commute to work
• Branches of good quality schools and hospitals
• Area parks and mosques in every block
• Easy access to public transport
• Home to Hyderi Market
• Dedicated food street near Hyderi
• Next to Sakhi Hassan Graveyard
• Society’s own gymkhana/sports complex

Average Prices of Property in North Karachi and North Nazimabad

Now, let’s take a look at the average prices of property in North Karachi and North Nazimabad:

Keeping the table shared above in mind, we’ll elaborate a bit on the average cost of real estate investment in both these popular areas of Karachi.

If you want to buy a flat in North Karachi:

• A 1-bed flat is for sale at an average price of PKR 20.52 lakh
• An average investment of PKR 37.53 lakh will be required for a 2-bedroom apartment
• Flats having 3 bedrooms in North Karachi can cost PKR 60.18 lakh on average

Investing in a plot in North Karachi? Here’s what it will cost:

• Investments in 120-130 sq yd plots in the area require an expense of PKR 46 lakh on average
• A larger 240-250 sq yd plot has an average rate of PKR 1.87 crore

To buy a house in North Karachi, you’ll need to know the following prices:

• Houses of 120-130 sq yd in North Karachi have an average price of PKR 1.66 crore
• Buying a 240-250 sq yd house in the area means spending PKR 2.71 crore on average

Moving on to flats for sale in North Nazimabad, Karachi, we have:

• Apartments with a single room going for 19.12 lakh
• A 2-bedroom apartment can be on sale for PKR 71.85 lakh on average
• The average price of a 3-bed flat is 1.27 crore

To own a plot in North Nazimabad, Karachi, here are the prices you need to keep in mind:

• Plots of 120-130 sq yd can be bought for PKR 60.79 on average
• Cost of a 240-250 sq yd plot averages at PKR 2.19 crore
• Larger 490-500 sq yd plots have an average price of PKR 5.63 crore

In comparison, prices for a ready-to-move property in North Nazimabad, Karachi are:

• A 120-130 sq yd house is on sale for PKR 1.70 crore
• Houses of 240-250 sq yd require an average investment of PKR 3.23 crore
• Larger ready properties of 490-500 sq yd in the area can cost an average of PKR 7.33 crore
• Get a 990-1000 sq yd house in North Nazimabad, Karachi at an average rate of PKR 11.32 crore

Best Areas to Buy Property in North Karachi and North Nazimabad

If you are debating between buying a property in North Karachi or investing in homes in North Nazimabad, check out the most popular blocks in each of these societies below.

Flats

Here are the best sectors to invest in a flat in North Karachi:

The data presented above shows that Sector 11-A is one of the top sectors for buying 1, 2, as well as 3-bed apartments in North Karachi, along with Sector 11-H, which features 1 and 2-bedroom flats for sale. These are followed by Sectors 11-C and 11-E, which offer 2-bed and 3-bed flats for sale, respectively.

Now, here are the best blocks to own a flat in North Nazimabad, Karachi:

As per the data we’ve collected, Block H in North Nazimabad, Karachi, is the most popular for flats for sale, having both 1 and 2-bedroom units on offer. For 2-bed options, you can also consider Sector M and Sector K, while Sector F and Sector B are best to invest in a 3-bedroom unit. 

Plots

Here are the top sectors for buying land in North Karachi:

Since the society is almost completely developed, a limited number of plots are available on sale in Sector 7-D, which is also one of the most popular sub-areas for 120-130 sq yd and 240-250 sq yd plots. Sector 11-A can also be considered for investments in 240-250 sq yd plots.

Similarly, here are the most popular blocks for plot investments in North Nazimabad, Karachi:

As North Nazimabad is also fairly developed, fewer plots are on the market, with Block B being the best option for 490-500 sq yd plots for sale and Shadman Town offering 240-250 sq yd plots for interested individuals.

Houses

Moving on, here are the best sub-areas for investing in a house in North Karachi:

If you want to buy a 120-130 sq yd house in North Karachi, consider Sectors 10, 7-D/3, and 11-C/3, which have smaller homes on sale. For a relatively larger house of 240-250 sq yd, invest either in Sector 11-A or Sector 11-B, as they have the most options available for a ready-to-move property.

Take a look at our detailed analysis of the average rates of property in North Karachi for more information.

Now, let’s cover buying a house in North Nazimabad, Karachi, and the best sub-areas for that:

For a small house of 120-130 sq yd in North Nazimabad, focus your search on Shadman Town, as well as Blocks B and H. For a house of double the size at 240-250 sq yd, Blocks H and L are good choices along with Shadman Town. Invest in a 490-500 sq yd ready-to-move property in Blocks B, F, and N for the best results, while Blocks N, L, and B also have some of the largest houses in North Nazimabad for sale with a plot size of 990-1000 sq yd.

You can browse through more details about the best blocks in North Nazimabad for your next investment, based on the data collected on our site.

We hope that we’ve shared enough valuable insights about investing in North Karachi vs. North Nazimabad with the help of our comparison to help you make a more informed decision. Check out similar comparisons on DHA vs. Bahria Town, Karachi, Gulshan-e-Iqbal vs. Gulistan-e-Johar, Scheme 33 vs. Bahria Town, Clifton vs. DHA, and many more to make the right investment decisions.

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