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Anchored down by ultramodern high-rises and exquisitely designed skyscrapers, the captivating cityscape of Karachi makes the metropolis stand out from the rest. Miles of sandy shores and pristine green spaces paired with sustainable infrastructure and elements of architectural excellence add to the unique vibe of this bustling city, making it an ideal place to call home. Nevertheless, if you are feeling deterred by the steep prices of houses in the city, it is high time to explore flats for sale in Karachi that will not only fit your budget but also complement your lifestyle requirements.
The bustling coastal city has always been the hub of vertical developments in Pakistan. From affordable studio apartments designed for the lower-income populace to serviced apartments and luxury penthouses with a hefty price tag and a full suite of world-class amenities, the real estate inventory of Karachi has something in store for every buyer and investor.
To help you narrow down your search for the perfect home, we are bringing you a comprehensive guide on the most popular areas to buy apartments in Karachi. We will also discuss the latest price trends in these neighbourhoods to give you a fair idea about how much you may have to spend in order to acquire a residential unit in this cosmopolitan city.
Most Popular Areas with Flats for Sale in Karachi
According to the search trends on Zameen.com, the following areas appear to be the most popular among prospective buyers looking for flats in Karachi, as of December 2022.
Gulshan-e-Iqbal Town
The sprawling Gulshan-e-Iqbal Town continues to rank atop the list of the most highly coveted areas to buy apartments in Karachi. This bustling residential enclave enjoys a central location in the metropolis and offers all the top-notch amenities desired by modern residents. As a sub-division of Karachi East District, this area also serves as a prime business hub in Karachi. It is also well-connected to all major parts of the city through a wide network of roads – including Rashid Minhas Road, University Road, National Stadium Road, Shaheed-e-Millat Road, and Shahrah-e-Faisal to name a few.
Moreover, Gulshan-e-Iqbal Town neighbours some of the most popular housing societies in Karachi, such as Gulistan-e-Jauhar, Federal B. Area and North Nazimabad. According to the latest search trends, Gulshan-e-Iqbal appears to be the most popular area with apartments for sale in Karachi. Bahadurabad and Dhoraji rank second and third, respectively, though their numbers of searches are nowhere near as high as that of the top-ranking area.
Gulshan-e-Iqbal comprises 19 blocks and offers a plethora of affordable and upscale investment opportunities in Karachi. It is also home to the Expo Centre, National Stadium, Sir Syed University of Engineering and Technology, Federal Urdu University, Sindbad Amusement Park, Aladdin Park, Karachi Hockey Association Complex, and KDA Market among other important landmarks. The area also boasts a multitude of parks, hospitals, schools, colleges, mosques, supermarkets, shopping centres, and much more.
Meanwhile, the average price of 2-bed flats in Gulshan-e-Iqbal Town starts from around PKR 40 lakh and goes up to 2.7 crore. On the other hand, buying a 3-bedroom apartment in the borough will cost between PKR 60 lakh and 4.75 crore. If you have a big family, the 4-bedroom apartments in Gulshan-e-Iqbal Town range from PKR 75 lakh to 5.5 crore, or even higher.
Please note that these price trends vary substantially between different localities and depend largely on the condition of the apartment complex. Therefore, you may be able to find flats for lower prices in the area.
You can also find out more about living in Gulshan-e-Iqbal in our comprehensive guide on the topic.
DHA Karachi
The posh locale of the Defence Housing Authority (DHA) has always been considered one of the top areas to buy property in Karachi. The meticulously planned and gorgeously landscaped area is surrounded by the upscale neighbourhood of Clifton and the Navy Housing Society. It is also connected to the densely populated housing schemes of Defence View, Korangi, Qayyumabad, P&T Colony, and Delhi Colony, to name a few. The state-of-the-art network of roads in DHA Karachi also ensures its residents can access other parts of the city with ease.
DHA Karachi is arguably one of the most sought-after places to live in the bustling metropolis. The residential district comprises eight phases that are further divided into various extensions. It is also only a stone’s throw from Sea View and offers a plethora of properties overlooking the enchanting coastline. Moreover, it is home to some of the most renowned mosques, shopping malls, luxury boutiques, casual and fine-dining restaurants, parks and playgrounds, sports facilities, educational institutes and hospitals in the city. Those living in DHA Karachi also have access to cinemas, recreational spaces, and family entertainment facilities.
When it comes to buying apartments in DHA Karachi, Phase 8, Phase 6, Phase 5, Phase 2 Extension, and Phase 7 stand out as the most searched locales on Zameen.com as of December 2022. All of these localities are equipped with world-class amenities and facilities ensuring a high standard of living.
Owing to its incredible infrastructure and luxurious lifestyle, the property prices in this neighbourhood are relatively high. The 1-bedroom flats in the area cost between PKR 60 lakh and 5 crore on average, whereas the price for 2-bedroom apartments ranges from PKR 60 lakh to 8.2 crore. Meanwhile, buying 3-bedroom flats in DHA Karachi costs between PKR 85 lakh and 13.2 crore. If you are interested in bigger apartments, the price trends for 4-bed units in the area start from PKR 1.4 crore and go rather high.
It is also worth mentioning that DHA Phase 8 is home to some of the most expensive apartment complexes in the country, which means flats in this particular locale come with a significantly hefty price tag.
Gulistan-e-Jauhar
Situated right next to Gulshan-e-Iqbal, the neighbourhood of Gulistan-e-Jauhar is considered the epicentre of high-rise developments in the city. The area falls under the administration of Faisal Cantonment and the City District Government. In addition, it has been deemed a hotspot for investors looking to capitalize on the lucrative property market of Karachi. The housing scheme is also connected to the prominent residential societies of Scheme 33, Malir Cantt, and Gulshan-e-Jamal.
Some of the major landmarks in and around Gulistan-e-Jauhar include the University of Karachi, NED University of Engineering, Jinnah International Airport, Acacia Country and Golf Club, Habib University, and Darul Sehat Hospital. It is also home to a number of schools, shopping malls, superstores, banquets, restaurants, hospitals, parks, restaurants, and recreational spaces. Furthermore, it is linked to Rashid Minhas, University Road and Shahrah-e-Faisal. Thus, readily accessible public transport is also a significant perk of living in Gulistan-e-Jauhar.
According to the latest data, the top areas to buy apartments in Gulistan-e-Jauhar include Block 15, Askari IV, Block 13, Block 14, and Block 17, respectively. All of these areas provide their residents with an array of amenities and facilities required for a comfortable living experience. In addition, the prices of apartments in this housing society vary significantly with each locale, which means you will be able to find a unit that fits your budget and other lifestyle requirements without any hassle.
Buying a 1-bedroom apartment in the area will cost you between PKR 20 lakh and 50 lakh on average. However, not many projects in the neighbourhood offer 1-bed units. Meanwhile, the price of 2-bedroom flats in Gulistan-e-Jauhar ranges from around PKR 28 lakh to 1.4 crore. The price of 3-bedroom units in the neighbourhood usually starts from PKR 45 lakh and goes up to 6.05 crore. Meanwhile, buying a 4-bedroom apartment in this residential enclave will set you back PKR 60 lakh at the very least.
Note: The apartments in Askari IV are significantly more expensive than those in other blocks. If you are looking for affordable options, consider checking out the older apartment projects in Gulistan-e-Jauhar.
North Nazimabad
Known as one of the oldest upscale residential areas in Karachi, North Nazimabad has always been an ideal place to live for many in the city. Although the area primarily caters to middle-income families, it still ranks pretty high on our list of the top areas with flats for sale in Karachi. The sprawling neighbourhood is located in the vicinity of North Karachi, Federal B Area, Gulshan-e-Iqbal, Buffer Zone, and Orangi Town. Moreover, it was named after Khawaja Nazimuddin, the second Governor-General of Pakistan.
North Nazimabad is divided into 19 blocks, ranging from Block A to U. Each of these localities is fully developed and densely populated, which means those living in the area have access to all the comforts and conveniences one may expect from a top-notch residential enclave. From spacious mosques and lush green parks to reputable educational institutes and state-of-the-art hospitals, this housing scheme offers everything you require for a modern lifestyle.
Some of the most well-known landmarks in North Nazimabad include Asghar Ali Shah Cricket Stadium, KCCA Cricket Ground, Jahangir Memorial Cricket Stadium, Hyderi Market, Saima Paari Mall, Dolmen Mall Hyderi, and Pakistan Rangers Officers Club, among others. Furthermore, Liaquat National Hospital, Liaquat Ali Khan Chowk, and Ayesha Manzil Chowk are also a short distance from this area.
In terms of buying apartments in Karachi, the search trends show that Block H, Block F, Block L, Block B, and Shadman Town are the most popular localities within North Nazimabad.
The number of 1-bedroom units in the locale is pretty low. However, the cost of buying 2-bedroom apartments in North Nazimabad usually ranges between PKR 36 lakh and 2.45 crore. On the other hand, the price of 3-bedroom flats in North Nazimabad starts from PKR 55 lakh and goes up to 3.6 crore.
Scheme 33
Spanning across 26,026 acres, the rapidly developing Scheme 33 houses more than 130 housing societies and gated communities in Karachi. The area was proposed as a regulated housing scheme in 1971 and is located in proximity to Karachi Hyderabad Motorway. Over the past years, Scheme 33 has gained immense popularity among real estate investors looking for high ROI as well as genuine buyers seeking a peaceful lifestyle away from the hustle and bustle of the main city.
Scheme 33 is surrounded by some of the top neighbourhoods in the city, including Gulshan-e-Iqbal, Gulistan-e-Jauhar, Gulshan-e-Maymar, and Malir Cantonment. While many of the projects being developed in this locale primarily cater to working-class and salaried individuals, the area is also home to a multitude of upscale communities and mixed-use complexes that promise a luxurious lifestyle. Moreover, Scheme 33 is considered the latest hotspot of vertical developments in Karachi.
Some of the most prominent landmarks in and around Scheme 33 include Northern Bypass, Jinnah International Airport, Memon Medical Institute Hospital, Dow University Ojha Campus, University of Karachi, NED University of Engineering and Technology, Millennium Mall, Acacia Country and Golf Club, and Circular Railway Station. Those living in this residential enclave can easily access all parts of the city via University Road, Jinnah Avenue, and Lyari Expressway. Furthermore, Scheme 33 is only a short drive from the popular highway restaurants in Karachi.
As per the latest search trends, Gulshan-e-Kaneez Fatima, Saadi Town, Gulzar-e-Hijri, Sector 35-A, and Sector 17-A are among the most sought-after areas to buy apartments in Scheme 33, respectively.
The price of 1-bedroom flats in Scheme 33 usually ranges between PKR 22 lakh and 45 lakh. On the other hand, buying a 2-bedroom unit in the area costs between PKR 37 lakh to 1.1 crore. The average price tag for 3-bedroom apartments in Scheme 33 starts from PKR 53 lakh and goes up to 1.8 crore. This swiftly expanding locale also boasts a wide-ranging inventory of 4-bedroom and 5-bedroom luxury apartments.
You can also learn about the investment prospects of Scheme 33 here.
There you have it – a comprehensive guide to the top five areas with flats for sale in Karachi. You can also check out the most popular areas for buying houses in Karachi for more information on where to buy property in this cosmopolitan city.
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