DHA City Karachi is the first sustainable, green and smart city of Pakistan, located in the quaint suburbs of Karachi, a city that is always expanding. Launched back in 2010, DHA City has seen tremendous growth in rates and market demand, while development work is underway in various sectors.
Current status
For DHA City, possession has been granted in Sector 3, while work is underway in almost all other sectors. As soon as DHA moves machinery to develop a sector, it is marked in “red”, showing it as a priority sector for development. Those to be developed next are marked yellow. So, the next sectors in line for possession are Sectors 5 and Sector 7. These are also the sectors for which DHA has shared maps.
Latest developments
It is the only project in the country designed on sustainable lines where natural terrain is put to its best use to ensure that the environment is not affected at all with such extensive development taking place. Acknowledging this noble approach, many acclaimed health and education facilities have been showing interest in becoming a part of DHA City. These include Shaukat Khanum Cancer Hospital, Institute of Business Administration, Shifa University, and Dow University.
In fact, a Dow University varsity hospital building has started its operations from DHA City Sector 3. The project was inaugurated earlier in February this year by Sindh Governor Muhammad Zubair.
In Addition to Dow University Hospital, DHA also recently handed over the commercial plots for vertical development to successful bidders. So we should now expect to see the vast terrain of DHA City undergoing extensive development in the form of high-rise buildings as well. A kindergarten, DCK Junior School, and many social and community buildings are already operating in Sector 3.
Dow Medical University of Health & Sciences Hospital
Lately, Dow University varsity hospital building started it operations from DHA City Sector 3. The project was inaugurated earlier in February this year by Sindh Governor Muhammad Zubair. The hospital is part of DHA City Medical Tourism concept, which is another completely unique feature of the society.
Suffa University
DHA Suffa University (DSU), which was established in 2012, has systematically taken giant strides to become an institution of choice in Pakistan. The University offers undergraduate, graduate, and doctoral programs in Engineering, Computer Science, and Management Sciences.
The DSU is set to become a well-known institution for higher education and research by extending the frontiers of knowledge. From the expansion of infrastructure to the development of technology, revamping of curricula to formation of pedagogy, addition of foreign-qualified faculty to introduction of new programs, the DSU is committed to providing well-equipped engineers, computer scientists, entrepreneurs and corporate leaders from the premises of DHA City.
Market trends
With the society becoming liveable, more and more genuine buyers are drawn towards buying property here, in addition to an existing number of investors who continue to invest and reinvest in blocks and sectors which are next in line to see initiation of development work or handing over of possession.
While it also stands true that investment volume continues to go up and down, which is always the reflection of market’s overall buying trends, the fact remains that as soon as the tide is high to invest, DHA City plots see an immediate impact in the form of higher demand.
Current Investment potential
Launched back in 2010 on a very convenient payment plan and highly tempting price tags, the owners who booked plots back then still have to pay six quarterly instalments. The premium on these plots right now is quite high; many times higher than the launching rates. Therefore, this society is perfect for people looking for high returns on investment, along with the reliability and value the DHA name adds to any project.
For more updates on DHA City Karachi, keep visiting Zameen.com. If you have any feedback or queries for us, use the comment section below.
Comments are closed.
What would be the price trend in next three months and the trend after election ?
Secondly amnesty scheme, would give any sort of boost in market.