Home » Real Estate Trends » Best Areas to Invest in North Nazimabad, Karachi
In This Post:
Facilities in North Nazimabad, Karachi
Average property prices in North Nazimabad, Karachi
Buying 2-bedroom flats in North Nazimabad, Karachi
Buying 3-bedroom flats in North Nazimabad, Karachi
Buying 120-130 sq yd houses in North Nazimabad, Karachi
Buying 240-250 sq yd houses in North Nazimabad, Karachi
Buying 490-500 sq yd houses in North Nazimabad, Karachi
Buying 990-1000 sq yd houses in North Nazimabad, Karachi
Buying 240-250 sq yd plots in North Nazimabad, Karachi
Buying 490-500 sq yd plots in North Nazimabad, Karachi
Similar to our recent comparison and analysis on Bahria Town and Scheme 33, Karachi, we are back with another data-backed post. This time, we will look at the most popular areas for buying a property in North Nazimabad, Karachi.
North Nazimabad neighbours North Karachi and features a good mix of residential units as well as ready-to-build plots for sale. Surrounded by prominent localities such as Buffer Zone, Federal B Area, and Orangi Town, the residential area primarily caters to the working-class, salaried people, and individuals with moderate income.
If you have considered investing in North Nazimabad at some point, we have reduced the research work for you by calculating everything from the price factor to the most popular subdivisions and facilities.
Let’s begin!
Reasons for Investing in North Nazimabad, Karachi
Situated near the edges of Shahrah-e-Pakistan and M-9 Motorway, North Nazimabad has delivered a series of massive developments in real estate that have changed the fortunes of both property hunters and investors. The area is known as an economical buy near Karachi’s heart and boasts an excellent mix of furnished apartments, readily-built houses, and vacant pieces of land.
Talking about the area’s location, Nazimabad has been described as a hidden gem for individuals and families looking for an economical residence in the city of lights. Even if money is not a consideration and you want to invest in a central location, then the locality can satisfy the majority of your requirements. Commercial markets, shopping centres, hospitals, schools & universities, public transport, and recreational facilities are all found within walking distance to each block.
On the other hand, some popular landmarks in and near the residential scheme include Saima Paari Mall, Hyderi Market, Raja Dahir Chowrangi, and Liaquat National Hospital. Meanwhile, Mukka Chowk and Ayesha Manzil Chowk are only 10-12 minutes’ drive away. Similarly, Manghopir Lake – a famous historical lake in Karachi – is situated around 18 minutes’ drive away from North Nazimabad.
Besides enjoying the superior location and proximity to some of the famous landmarks in the city, some other facilities in North Nazimabad, Karachi, make it desirable for both homebuyers and real estate investors:
- Availability of daily life essential and utilities
- Branches of high-quality schools and well-reputed educational institutions in almost every block
- An abundance of shopping centres, retail shops, and local markets
- Well-connected to the rest of the city via prominent arteries
- Dotted with grooming facilities including gyms, fitness centres, and salons
- Communal parks and playgrounds
- Public transport
- Fully developed housing community
- Proximity to major private hospitals
- Sakhi Hassan Graveyard is located nearby
- NADRA Mega Centre is situated in the heart of this community
Average Cost of Buying a Property in North Nazimabad, Karachi
All the above-mentioned facilities in North Nazimabad have an impact on the property value in the vicinity. If you’re intrigued by the area’s features and amenities and looking for investment options, we have mentioned the average cost of various properties in North Nazimabad, Karachi below. The data has been extracted and compiled from the user searches on Zameen.com:
- The average price of a 1-bedroom flat in North Nazimabad, Karachi, is PKR 19.12 lakh.
- You can buy a 2-bedroom apartment for sale in the area for an average cost of around PKR 71.85 lakh.
- The average cost of owning a 3-bedroom flat on sale in North Nazimabad, Karachi is PKR 1.27 crore.
- Buying a 120-130 sq yd plot in North Nazimabad can cost you around PKR 60.79 lakh on average.
- The price of a 120-130 sq yd house for sale in the neighbourhood averages at PKR 1.70 crore.
- A 240-250 sq yd plot in the real estate project wears an average price tag of PKR 2.19 crore.
- The average asking price of a 240-250 sq yd house in the area is PKR 3.23 crore
- If you want to invest in a bigger-sized plot of 490-500 sq yd in North Nazimabad, the average price of such properties hovers around PKR 5.63 crore.
- Buying a 490-500 sq yd house in the area may cost you around PKR 7.33 crore on average.
- Buying houses in North Nazimabad as big as 990-1000 sq yd requires an average budget of PKR 11.32 crore.
With the amount of real estate investment this locality has to offer, it’s no wonder more and more people are moving and looking to invest here. However, given the diversity of properties and the divisions of blocks in this buzzing neighbourhood, choosing exactly where to live or invest can become overwhelming. Moving forward, we will share the details of some of the best neighbourhoods in North Nazimabad worthy of your investment.
Average Price of a 2-Bedroom Flat in the Most Popular Areas of North Nazimabad, Karachi
As detailed in the table above, Block H, M, K, L, and B, North Nazimabad are five of the most trending areas to buy a 2-bedroom apartment. Let’s discuss the top three areas in detail, along with the reasons behind their popularity.
North Nazimabad – Block H
- The average price of a 2-bedroom flat here is PKR 85.59 lakh.
- Shah Suri Road is located near the northwest of this area.
- Saima Paari Mall and Chase Value Centre are situated within the boundaries of Block H. Meanwhile, Hyderi Shopping Centre is at a stone’s throw distance from here.
- This area boasts an extensive network of public transportation. As such, KDA Chowrangi Bus Stop and Lal Kothi Bus Stop are situated near the area.
- Block H is dotted with world-class amenities and facilities and features a government college in the centre of the block.
North Nazimabad – Block M
- If you want to acquire a 2-bedroom apartment in Block M, you will need an average budget of PKR 65.36 lakh.
- It is adjacent to Mehdi Hassan Park and just a few km away from KCCA Cricket Ground.
- The vicinity is dotted with colleges and schools. Not to mention, Karachi Medical and Dental College is situated within the boundaries.
- It will hardly take you 4-5 mins to walk to Masjid-e-Quba.
North Nazimabad – Block K
- The average price of a 2-bedroom apartment in Block K, North Nazimabad is at PKR 56.58 lakh.
- Block K is located on the fringes of Sher Shah Suri Road.
- It features state-of-the-art mosques.
- National University of Modern Languages is situated within the fences of this block.
- The area is dotted with local eateries and pizzerias.
- Top-notch preventative facilities like Farooq-e-Azam Medical Hospital and Mumtaz Hospital are situated within easy reach of the block.
Average Price of a 3-Bedroom Flat in the Most Popular Areas of North Nazimabad, Karachi
The most popular areas featuring a 3-bedroom apartment for sale in North Nazimabad, Karachi are Block H, F, B, A, and G. Now, let’s review the top three areas quickly to understand why:
North Nazimabad – Block H
- Buying a 3-bedroom apartment in Block H, North Nazimabad requires an investment of around PKR 1.38 crore.
Block H is famous among property hunters and investors for several reasons. However, we have already disclosed the best features and living facilities of this block in the previous section of our post. Scroll up and find out the reason why you should consider buying a 3-bedroom apartment in this area.
North Nazimabad – Block F
- The average budget required for a 3-bed apartment in Block F is PKR 1.60 crore.
- The western division of this area is close to Shahrah-e-Humayun.
- The block is surrounded by many well-reputed educational institutions, including Beaconhouse, Generation, Preston University, and Ziauddin University.
- Hyderi Super Market and Chase Up are 4-5 minutes’ drive away from here.
- Block F features recreational facilities like Fateh Park, North Naziamabad Gymkhana, and An-Noor Park.
- Top-notch bakeries like Pie in the Sky and La Farine Bakery are situated within the boundaries of Block F.
North Nazimabad – Block B
- If you are looking for 3-bedroom flats for sale in Karachi, you may want to consider Block B, North Nazimabad. The average price of such properties in the vicinity is PKR 1.62 crore.
- Block B is dotted with medical facilities and educational institutions.
- Residents of this block can shop for daily commodities and life essentials from Hyderi Super Market.
- The best feature of this block is its location. It is adjacent to Block F and Block A. Meanwhile, Liaquat National Hospital is situated at an arm’s distance from here.
Average Price of 120-130 Sq Yd Houses in the Most Popular Areas of North Nazimabad, Karachi
Looking to buy a house in North Nazimabad? As such, buying a 120-130 sq yd house in Shadman, Block B, and Block H, North Nazimabad is a good idea.
Shadman
- If you are in search of a 120-130 sq yd house in Shadman for your small-sized family, you should keep an estimated budget of PKR 1.78 crore in mind.
- It is situated in proximity to Block B and adjacent to a wide and beautiful playground.
- Surrounded by an extensive network of roads
- Easily accessible from the Service Lane.
- Shadman features a communal mosque.
- Shuttling from this area to the rest of the city is not a problem. Residents can use KDA Chowrangi Bus Stop and AO Tower Bridge Belt Bus Stop to travel economically.
- The North Campus of Ziauddin University is situated at an arm’s length from Shadman.
North Nazimabad – Block B
- Block B features a 120-130 sq yd house at an average price of PKR 1.17 crore.
- It is the second most popular block for buying a smaller-sized house in North Nazimabad.
We have already discussed the living facilities and top features of this block in detail above. Shopping centres, schools, and healthcare facilities are some of the most sought-after amenities in this block.
North Nazimabad – Block H
Once again, Block H makes it to the most popular areas for buying a property in North Nazimabad. This time, 120-130 sq yd houses in the area have caught the interest of property hunters. The average price of such houses in the area hovers around PKR 1.49 crore. We have already discussed the reason behind the popularity of Block H. Scroll up if you want to find out more.
Average Price of 240-250 Sq Yd Houses in the Most Popular Areas of North Nazimabad, Karachi
Looking for houses for sale in North Nazimabad, Karachi? Well, from the above table, we can see that Block H, Shadman, Block L, B, and N are the top localities among users on Zameen.com to buy 240-250 sq yd houses in North Naziambad. Now, we’ll learn more about these property investment opportunities in the top three areas from the image above.
North Nazimabad – Block H
- Block H tops our list of best areas for buying 240-250 sq yd houses in North Nazimabad. The average price of such properties in this locality is PKR 3.53 crore.
If you want to know more about its popularity, you can scroll up and check out the previous section of this blog. We have already shared a brief overview of the amenities available for residents of Block H.
Shadman
Shadman also caught the interest of property hunters and investors looking for a 240-25 sq yd house in North Nazimabad. The average budget required for investing in such properties is PKR 2.86 crore.
Want to know more about the reason behind its popularity? Scroll up and get all the associated details.
North Nazimabad – Block L
- Block L, North Nazimabad features a readily-built property of 240-250 sq yd for an average price of PKR 3.75 crore.
- It is surrounded by some of the most trending blocks of North Nazimabad, including Block H and Block K.
- Hosts NADRA Mega Centre.
- Top-notch restaurants and pizzerias are situated at a walk of just 2 mins from here.
- Chase Value Centre is at an arm’s length from Block L.
Average Price of 490-500 Sq Yd Houses in the Most Popular Areas of North Nazimabad, Karachi
According to the user behaviour on Zameen.com, Block B, F, and N are the top three areas to buy 490-500 sq yd houses for sale in North Nazimabad, Karachi. Now, let’s take a detailed look at the aforementioned localities.
North Nazimabad – Block B
- To invest in 490-500 sq yd houses in Block B, North Nazimabad, you may have to spend around PKR 6.95 crore.
As mentioned in the earlier part of our blog, the area is well-known for its amenities and facilities.
North Nazimabad – Block F
- The average cost of 490-500 sq yd houses for sale in Block F, North Nazimabad is PKR 8.02 crore.
The area is well-reputed and highly esteemed among both buyers and investors for delivering state-of-the-art facilities and recreational spots. You can learn more about this locality by scrolling up to the previous section of this blog.
North Nazimabad – Block N
- Buying a 990-500 sq yd plot in Block N can cost you around PKR 4.61 crore on average.
- It is surrounded by popular blocks of North Nazimabad, including Block M, K, and L.
- The best thing about this locality is that it is situated right beside Buffer Zone.
- Karachi Institute of Heart Diseases, Mamji Hospital, and Rafah-e-Azam Medical Centre are among the best facilities near the area.
- Block N is closely connected to Shahrah-e-Pakistan, which ultimately links it to M-9 Motorway and Lyari Expressway.
Average Price of 990-1000 Sq Yd Houses in the Most Popular Areas of North Nazimabad, Karachi
Block N, L, B, F, and J are among the top trending options for investing in developer-built properties of 990-1000 sq yd. We have thoroughly discussed the amenities of the top three areas and what they have to offer to homebuyers and investors. However, we’ll glance at the average property costs.
North Nazimabad – Block N
- For bigger-sized families, Block N features several houses in the range of 990-1000 sq yd. You need an average investment of PKR 10.44 crore to own a property in this block.
North Nazimabad – Block L
- You can become a proud owner of a 990-1000 sq yd house in Block L, Nazimabad for an average investment of PKR 12.62 crore.
North Nazimabad – Block B
- The average price of a large 990-1000 sq yd house is PKR 10.48 crore in this area.
Average Price of 240-250 Sq Yd Plots in the Most Popular Areas of North Nazimabad, Karachi
Looking for a smaller-sized plot for sale in Karachi to build your dream house? Let’s take a look at what North Nazimabad has to offer. As per the table above, Shadman tops our list of areas featuring 240-250 sq yd plots. Let’s dig deeper into the average cost and some essential information about the area.
Shadman
This community in North Nazimabad is an affordable option for individuals looking for a reasonable property in the metropolitan city. The average investment required for a 240-250 sq yd plot hovers around PKR 2.25 crore.
Scroll up to the former section of our blog to find out more about this particular locality in North Nazimabad.
Average Price of 490-500 Sq Yd Plots in the Most Popular Areas of North Nazimabad, Karachi
Block B features bigger-sized plots of 490-500 sq yd in North Nazimabad. Let’s take a look at the average price since we have already discussed the blocks’ popularity.
North Nazimabad – Block B
- Acquiring 490-500 sq yd plots for sale in Block B, North Nazimabad can cost you around PKR 5.63 crore on average.
This is where we discuss the gist of our entire post. We have shared a detailed overview of where to buy a property in North Nazimabad, Karachi, and the best blocks for residential and investment purposes. We also have mentioned the average price trends of each block and the reason behind their popularity. If you want to explore further, take a look at some similar posts:
- Best areas for investment in Gulshan-e-Iqbal, Karachi
- Buying trends in Gulistan-e-Jauhar, Karachi
- Most popular areas for buying a property in Clifton, Karachi
- Price trends in Nazimabad, Karachi
- Trending investment options in DHA, Karachi
Before we sign-off, we’d like you to know that you can also take assistance from Zameen Area Guides to explore the best areas in Karachi. Got any query, comment, or feedback? Reach out to us via email at blog@zameen.com.
For more data-backed blogs and investment opportunities in Karachi’s real estate market, stay tuned to Zameen Blog – Pakistan’s best portal for everything real estate. Also, we have some more data-backed analyses in the pipeline, so check back timely. Never miss any update by subscribing to our newsletter or liking our Facebook page.