We can’t deny the fact that the provincial capital of Khyber Pakhtunkhwa occupies a significant place in Pakistan’s real estate market. Given the city’s economic importance post-CPEC and the fast-paced development over the past few years, both investors and buyers are eager than ever before to invest in Peshawar’s property market. And, there’s a massive spectrum of properties available for sale varying in sizes and price range. This blog, however, is focused on the top localities for buying a house in Peshawar.
We will begin by giving you an overview of the buying trends in Peshawar, then move on to discuss the top three areas in detail to give you a better insight into why these areas have topped our list. We will also give you a virtual tour of the latest developments, lifestyle, additional amenities, along with their exact location in the city, and everything else these areas have to offer.
Let’s get investing!
Top Localities for Buying a House in Peshawar
As usual, our data is backed by the user behaviour recorded on Zameen.com. The areas that have secured a higher ranking on our list include Hayatabad, Warsak Road, Gulbahar, Regi Model Town, and Dalazak Road.
While all the top areas have a lot to offer, let’s discuss the top three areas in detail, along with their investment potential and price range, so you can have a clearer idea about whether these areas have the features you are looking for or not.
Hayatabad, Peshawar
As revealed in our findings, Hayatabad leads the pack when it comes to buying a house in Peshawar. Occupying an ideal location on the northern edges of Peshawar and sitting close to the border of Torkham, the area is a delightfully unusual fusion of urban and rural settings.
Hayatabad comprises seven phases, and all these phases are further divided into sectors, following the naming convention of alphabetical and numerical orders. While each phase is popular for its unique location and amenities, the society as a whole boasts an array of:
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- Carpeted roads
- Lush green parks
- Secured residential units
- Top-class educational institutions
- Fine eateries
- Well-stocked markets
Additionally, Hayatabad, while not the first-ever, but is one of the oldest planned housing schemes in Peshawar and boasts a pristine position in Peshawar’s property market due to two reasons:
- A wide range of investment opportunities
- Extremely affordable housing options
Speaking of affordability, the price of a 5 marla house in Hayatabad is between PKR 1.5 crore to PKR 2.5 crore. Comparatively, the price of a 10 marla house lies anywhere between PKR 2.8 crore to PKR 4.3 crore. If you are looking for a bigger option, you can opt for 1 kanal houses for sale in Hayatabad if your budget allows a spend of PKR 4.5 crore to PKR 6.2 crore.
Considering its ideal position on the junction of two of the most important roads of the city – Peshawar Ring Road and GT Road – there’s no harm in saying that commuting to other parts of the city is exceptionally effortless for residents of this area.
Warsak Road, Peshawar
Warsak Road is the second most popular option for purchasing a house in Peshawar. Ideally located near Peshawar Ring Road and intersecting National Highway (N-5), Warsak Road is mostly known for hosting some of the best and uniquely designed housing schemes in the city.
If you’re interested in investing in a house in Peshawar, then consider your options on Warsak Road. The average price of 5 marla houses on Warsak Road is between PKR 65 lakh to PKR 1.35 crore. For bigger sized options, you can consider buying a 10 marla house that is up for sale for PKR 1.6 crore to PKR 3.3 crore. Warsak Road also offers houses of 1 kanal for buyers and investors who can invest a minimum of PKR 2 crore and a maximum of 4 crore on average.
Unlike Hayatabad, Warsak Road is an extensive artery that houses exclusive communities with top-class amenities. Living on Warsak Road brings you closer to nature and adds a new spectrum of comforts to your life since the area is in proximity to public parks and main roads. The presence of organised residential schemes and robust infrastructure is beyond comparison and works as a magnet for both investors and buyers.
One of the most intriguing things about this road is that it connects to Warsak Dam Road at a later point and leads to Kabul River, which is an important tributary of Pakistan.
Gulbahar, Peshawar
Gulbahar is yet another old and planned housing scheme in Peshawar. And, seeing the society making to our list of top areas for buying a house in Peshawar doesn’t come as a surprise to us. Nestled between two of the most important arteries of the city – Peshawar Northern Bypass and National Highway (N-5) – the project offers extremely affordable options in terms of residential units.
Buying a 5 marla house in Gulbahar can cost you PKR 95 lakh to PKR 2.5 crore. If you are looking for a relatively bigger unit, like a 10 marla house, you would need an average budget of PKR 1.75 crore to PKR 3.5 crore. Gulbahar also features residential units of 1 kanal with the average selling price being PKR 4.8 crore to 6.3 crore.
With extremely wide boulevards running across the society, Gulbahar offers abundant facilities and amenities, all available at walking distances. From spacious mosques to world-class emergency centres, everything is built in proximity to residential units.
Living in any of these three top areas of Peshawar comes with its own sets of perks. The pricing might be a little on the higher side for the lower and middle-income groups of people, but these areas are well protected and are extremely popular among genuine buyers for obvious reasons. If you are looking for some more options in Peshawar’s property market, you can either consider investing in DHA, Peshawar, or wait until the official launch of Bahria Town, Peshawar.
This wraps our analysis of the top localities for buying a house in Peshawar, as per our user data. We will keep on bringing more options to invest in Pakistan’s real estate sector. Subscribe to Zameen Blog – Pakistan’s personal portal for all things real estate. Email us your queries and suggestions at blog@zameen.com. Also, do not forget to check out our Facebook page.
