For a large number of property buyers, the northern suburbs of Karachi have lately become a pretty attractive avenue for investment. Similarly, both end users (genuine buyers/homeowners) and investors have increasingly started to find projects based around the Karachi-Hyderabad Motorway (M-9) network worth putting their money in.
This is because the M-9 highway is of strategic importance to the Pakistan-China Economic Corridor (CPEC) project. Many property gurus consider the areas located near & around this road extension to hold a lot of real estate potential.
The shift in buyers’ focus, who are flocking to lay claim to territory in the region, has also altered the developers’ approach. Of this latter group, however, you will find only a few who actually manage to (positively) surprise their clients.
Sumsum Group is among this small group of developers.
Their latest project, Sumsum Towers, deserves being referred to as the ‘perfect address for the end user’ – as cited in a recent news publication.
Read on to gain the full scoop on this truly under-rated housing development.
Location
Sumsum Towers is located in Gulshan-e-Maymar, Sector 52-A (near the Maymar Avenue). The neighbourhood has been kept free from the ravages of any unplanned high-rise developments, and hence their consequent visual pollution.
The project lies at a short driving distance from various important addresses in Karachi. These include the city’s airport facility, Karachi University, Gulshan-e-Iqbal, Malir Cantonment, Buffer Zone, and the North Nazimabad area. A wide and thorough network of roads connects the sector with the rest of the city.
From Sumsum Towers, the Federal B Area is located at a short 10 minutes’ driving distance.
The Karachi International Airport’s Jinnah Terminal installation lies only a 12-minute-drive away.
Project details
Sumsum Towers is a fully residential project. It is designed to meet the expectations of families that aspire to live a peaceful, yet exciting, lifestyle.
The project’s towers (the star residential attraction) boast an earthquake-resistant structure. For guaranteeing the venue’s security and safety, each floor comes equipped with 24/7 CCTV surveillance and modern firefighting arrangements.
In addition, the provision of high-speed elevators, power backup facility, a multilevel parking space, and a fully attended lobby, ensures that life in the society always remains a hassle-free experience.
The best feature about Sumsum Towers, however, is the fact that each apartment here is built as a corner unit. Furthermore, the developer has used only the best local and imported materials in the project’s construction.
Other than these endowments, the project also plays host to a beautiful masjid, a kids’ play area, a gaming room, a community hall, and a state-of-the-art gymnasium.
What’s on offer?
Sumsum Towers features 2- and 3-bedroom apartments. You can either purchase a 2-bedroom ‘Orchid’ flat, or a 2-bedroom ‘Tulip’ apartment.
These two apartment designs come with different floor plans and, of course, price tags. They also contain elegantly laid out drawing and dining room spaces.
Please note that the fittings and fixtures integrated into these units are of top-notch quality. Also, the developer has paid particular emphasis on installing these materials properly.
You can book a unit today by paying 30% of the total price in the form of a down payment. The remaining dues have to be cleared in 12 monthly instalments.
Please refer to the payment plan below for more details:
| Apartment type | Area sq. ft. | Down payment 30% | Monthly instalment x 12 | On possession 20% | Total price |
| 2-Bed Orchid | 1,050 | 1,823,684 | 253,289 | 1,215,789 | 6,078,947 |
| 2-Bed Tulip | 1,125 | 1,953,947 | 271,382 | 1,302,632 | 6,513,158 |
| 3-Bed Jasmin | 1,850 | 3,213,158 | 446,272 | 2,142,105 | 10,710,526 |
So why pick Sumsum Towers?
Another striking feature about Sumsum Towers is the project’s accessible yet calm location. As a resident, the outside views from your Sumsum Towers apartment are guaranteed to freshen you up – each time you slide back the curtains. The fact that the neighbourhood comes free from any instances of noise or environmental pollution is also a big plus.
On top of all of these advantages, the project promises high returns on investment. Furthermore, the expected annual rental yield for these apartments can reach up to 6% – encashable through a highly convenient payment arrangement.
At present, Sumsum Towers’ apartments are ready for you to move in. And due to their high-quality construction finishes (as mentioned), they require very little maintenance.
The project matches all the requirements of genuine buyers (people looking to make a home over the long-haul). So it isn’t really surprising to note that it has created quite a buzz in Karachi’s real estate market.
If you find yourself tempted to book an apartment here, take comfort in the fact that you are not alone. Just make sure that you don’t miss out on your opportunity to book a unit on time. Because given the current level of investor interest, there are high chances that this could happen.
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