Scheme 33: Some societies you should know about

Scheme 33 is currently the most popular project for plots in Karachi. This is not surprising considering the decreased activity in Bahria Town Karachi and considering the fantastic returns Scheme 33 has offered in the past 20 months. The popularity is also expected because the city is expanding towards that area.

Read: Scheme 33 Trends and Prices: the most popular project in Karachi

It is in view of this that Zameen Blog has covered a number of Scheme 33 projects over the past few months. Teacher’s Society, Saadi Garden, and Saadi Town have already been covered. We also explored the investment options in Quetta Town, Punjabi Saudagaran Society, and Rufi Pearl City commercial area. Genuine buyers can also definitely look at Pakistan Scientists Cooperative Housing Society for plots, Rufi Pearl City for Bungalows, and Rabia Enclave for apartments.

Considering the popular demand, this blog takes a look at some more housing projects within Scheme 33 that you can consider for buying options – whether it is investment or genuine buying.

Saadi Town  

Saadi Town has been covered before in Zameen Blog as Scheme 33 it is the third most popular project in Scheme 33, and this is an update. According to The City Estate & Construction CEO Syed Tariq Hussain, Saadi Town is one of the best options for genuine buyers in the Gadap area. Enjoying a fantastic location, it is completed developed with all the basic utilities and amenities available within the project. Banks and schools are available as well.

Tariq felt that the best thing about the project was that things that have come to be considered typical of the more congested areas – pollution, traffic, security issues, political trouble – none of them are present here. One concern that people have had about Saadi Town was the flooding issue after heavy rain. However, Tariq explained that efforts have been made to resolve this. Drains that were clogged with mud were cleared, more drains were opened, and he appeared confident that the issue would not happen again.

Currently the prices in Saadi Town stand as follows:

Incholi Cooperative Housing Society

Incholi Cooperative Housing Society is a relatively small and new housing society. However, it is on resale now. According to Faizan Sami of New Bin Ghazi Property Dealer & Contractor, the development has begun but it is going relatively slowly now. The boundary wall is complete and so are the walls. However, work on utilities is still being done.

According to Time Estate CEO Aftab Khan, it is a society worth considering for investment, but when asked whether Incholi or Pakistan Merchant Navy Cooperative Housing Society (discussed below) is a better option, he felt if there are no budget constraints, Pakistan Merchant Navy Society is a better option. More categories are available there as well.

Currently the prices there stand as follows:

Pakistan Merchant Navy Housing Society

A general feeling of positivity existed about Pakistan Merchant Navy Housing Society among the interviews. Khan explained that it is much better located and bigger society as compared to, for example, Incholi Housing. It is also located not far from the Motorway within the Scheme 33, this makes its location fantastic.

Development is taking place there and boundary wall and roads are complete. Work on basic utilities is being done. Both Khan and Ghulam Muhammad of Aleem Associates agreed that investment is definitely worth considering there. They also agreed that any investment there will have to be for the medium term – you can expect great profits in 12 to 18 months.

Are you looking to buy property in Scheme 33? Do you have any questions about it? You can talk to us in the comments section. You can also head to Zameen Forum for a detailed conversation.