IN THIS POST:
– About Oak Residency, Malir
– Location of the Project
– Infrastructural Features
– Facilities and Amenities
– Investment Options
– Payment Plans
– Development Updates
– About Haqsons Associates
Want to invest in a European-style villa in Karachi? Consider Oak Residency, Malir, as one of your investment options. Here’s all you need to know about this prime real estate investment opportunity in Karachi before you make your decision.
About Oak Residency, Malir
Offering European-inspired architectural designs and interiors, Oak Residency, Malir, is a peaceful and gated community that brings modern facilities and comfort to Karachi. With both 120 square yard plots and villas up for sale, the society is rapidly being developed with essential infrastructural facilities already available. The development is SBCA-approved and offers 100% of land ownership as well. It is also one of the 81 cooperative housing societies in Karachi that have been declared safe for investment as per the SBCA in January 2020.
Location of Oak Residency, Malir
Oak Residency is located on Malir River Road, in Gadap Town, about 10 minutes’ drive away from Malir Town Residency and Memon Goth. Moving north through Malir Cantt, it is 20 minutes’ away from Bahria Town, Karachi, on the M-9 Karachi-Hyderabad Motorway. It is also about a short drive of 15 minutes away from Jinnah International Airport.
Features of Oak Residency, Malir
Investing in Oak Residency, Malir offers you a host of features as the development is being built at par with modern standards. Here are some of the top features of Oak Residency:
- Gated community
- 24/7 security with trained teams
- Provision of basic utilities
- A reverse osmosis filtration plant
- European-style construction
- International standard school
- State-of-the-art hospital
- Emergency ambulance service
- Well-paved roads
- Solar street lights
- Dedicated commercial area
- Large green park
- Community’s own mosque
Facilities and Amenities at Oak Residency, Malir
Oak Residency, Karachi, aims to become a family-friendly community, where you can live, relax, and enjoy life with your family with complete peace of mind. The facilities in Oak Residency, Malir, include:
- A kid’s playground
- Swimming pools
- Community centre
- Beautiful park
- A modern gym
- A commercial hub for entertainment
Investment Options at Oak Residency, Malir
This real estate investment opportunity in Karachi brings both 120 square yard villas as well as plots for investment with convenient payment plans. Booking for Oak Residency Villas begins at PKR 15 lakh, while plots for sale in Oak Residency have a booking price of PKR 2.5 lakh.
Payment Plans for Oak Residency, Malir
Oak Residency offers two payment plans, catering to its 120 square yards plots and its 3-bedroom villas accordingly. Let’s discuss each payment plan individually:
As per the plan shared above, plots for sale in Oak Residency, Malir, can be booked with an investment of PKR 2.5 lakh. Along with other allocation, confirmation, groundbreaking, demarcation, and possession charges, you have to pay 36 monthly instalments, at about PKR 40,000 per month, and 6 half-yearly payments, of PKR 3 lakh per month.
If you are interested in Investing in Oak Residency, Malir, you can also consider ready-to-move villas on the same plot size of 120 square yards. These are being built by SAM Associates. The booking price of these villas is PKR 15 lakh, along with various allocation, confirmation, and possession charges. The payment plan is spread over 20 monthly instalments of PKR 4 lakh each.
The Oak Residency payment plan comes coupled with a special discount on full cash payment, while extra charges are also applicable for the front, corner, park-facing, and main road-facing plots/villas. Charges for lease documentation, as well as installation of utilities, are not included in the above prices. It is also important to note that allocation/possession will not be given until full payment is received by the developers.
You can contact the Sales Team of Oak Residency, Karachi, at 0300-0202446 or 0300-0202447 or visit their Sales Office in DHA Phase 6.
Development Updates for Oak Residency, Malir
The mega launch event of Oak Residency was held on 10th November 2019, along with a funfair for family entertainment, with food stalls, rides, and more. The pace of construction in the project is rapid, and the entire site is surrounded by boundary walls.
Inside the gate, areas have been marked for a school, a hospital, villas, commercial area, and a mosque. The utilities have been laid, and construction of the mosque has now begun. The mosque will be an architectural marvel in the society.
About the Developer
Haqsons Associates Builders & Developers are among the leading real estate firms in Karachi with a vision to provide world-class amenities to residents of this metropolis. They believe in offering excellent value for money while building sustainable communities for the future. The team is passionate about what they do and maintain their core values of integrity and commitment to bring about the best results.
Oak Residency, Malir, is a developing project, and we’ll keep you updated on the progress as it happens. If you are interested in this project, then bookmark this page. Keep reading Zameen Blog in the meantime, and don’t forget to send in your feedback at blog@zameen.com.
