A year ago, it would have been difficult to believe. Bahria Town Karachi remained the undisputed leader in Zameen Search Trends for plots in Karachi. Scheme 33 was on the second spot but the distance between the two was huge and, apparently, insurmountable. However, 2018 seemed to have been a great year for Scheme 33 so far. Throughout the past year, real estate experts observed how popular Scheme 33 had been, how its prices had risen. This year, it seems the market has finally caught on. Scheme 33 bridged that large gap in the first five months, and now it is the most popular project on zameen trends for plots in Karachi.
Scheme 33 is a large project with 54 sectors divided in about 293 housing societies, so excessive generalisation is not possible. However, this article takes a look at the project to provide you a comprehensive outlook on Scheme 33.
One reason for Scheme 33’s popularity is its location – the city is expanding towards it. It is nicely situated near Gulshan-e-Iqbal Town, Gulistan-e-Jauhar, and Malir Cantonment. Finally, it is located on both sides of the Super Highway.
The top projects
Considering the large number of projects in Scheme 33, there may be a number of options you could consider for investment and housing. The top projects in terms of search trends on Zameen.com for plots in Scheme 33 include Sector 17-A, Saadi Garden, Saadi Town, and Sector 35-A. Other projects recommended by the experts interviewed include: Pakistan Scientists Cooperative Housing Society, Punjabi Saudagaran Society, Teacher’s Society, and Rabia Enclave. The last of these is a fantastic new apartment project for which prelaunch booking is set to open tomorrow (11th August).
A pattern that can be observed in the above projects and sectors is that all of these are located immediately southeast of the Super Highway near New Karachi – University Link Road and Hijri Road. This should be a useful guideline to follow for anyone looking to find housing societies – whether as a genuine buyer or investors.
According to Kashan Khan of Al-Bait Properties, the area is indeed great for genuine buyers and investors. Particularly 17-A is highly popular and active. He recommended Madras Town, Pakistan Scientists Cooperative Housing Society, and Pakistan Navy Housing Society for investment.
Meanwhile, Saadi Town and Saadi Garden are also projects worth considering. Ali Bajwa of Bajwa Associates & Builders explained that while both are good options Saadi Garden is more suitable investors, while Saadi Town would suit genuine buyers more.
The prices in some of these projects stand as follows:
Teachers Society
Plot Size | Prices in PKR |
120 yd2 | 5,000,000—6,500,000 |
200 yd2 | 8,500,000—9,500,000 |
Saadi Garden
Plot Size | Prices in PKR |
120 yd2 | 3,000,000—3,500,000 |
240 yd | 5,500,000—6,000,000 |
Saadi Town
Plot Size | Prices in PKR |
120 yd2 | 5,000,000—6,000,000 |
240 yd2 | 10,000,000—12,000,000 |
Pakistan Scientists Cooperative Housing Society
Plot Size | Prices in PKR |
400 yd2 | 18,500,000—19,500,000 |
240 yd2 | 15,500,000—16,000,000 |
Are you looking to buy in Scheme 33? Do you have any questions about it? You can talk to us in the comments section. You can also head to the Zameen Forum for a detailed conversation.
Comments are closed.
IS it safe to invest in scheme 33,once again PPP is coming in power…last they took over many society and posted administrator…and there was massive corruption with double allotment as result it went in litigation…can you please tell the position of Pakistan Audit society scheme 33…waiting for your feed back..
AOA, You are right about Bahria town, this property is the great opportunity for investors and for residential. Trends towards Bahria town not predictable, we are also running a company named AliRathoreAssociates they specially deal Bahria town, DHA Lahore and all over the Pakistan, they also give Painting services,Home Interior design services, interior and extrior painting service Construction services and much more.
Regards,
Talha Shafique
Nice analysis.
In addition, Pir Ahmed Zaman Town & Pir Gul Hassan Town (Dada Bhouy Group) are also performing well. Malir Cantt Building Control Authority is approving maps of houses of these Town and construction has been started, while utilities (Road, Electricity & Sewerage) are already there.
From last year, both Towns return is more than 40% (25 Lacs, 120 Sq.Yards is now 40 Lac+), while not so much amount is required for getting that much return.
I invested here and got a lot with the grease of Almighty Allah.