Top Areas with Property for Sale in Karachi [Table of Content]
–Scheme 33
–DHA
–Gadap Town
–Bahria Town
–Gulshan-e-Iqbal
The city of Karachi is based on an ever-expanding urban sprawl and has an impressively performing property market. The largest metropolis of Pakistan also serves as its pulsating economic engine, thereby attracting migrants from different regions.
Looking for an investment opportunity in such a large-scale and rapidly evolving real estate market can be overwhelming. This is when online tools like Zameen.com’s Search Trends come in handy. Using this cutting-edge platform, here we’ve rounded up the top-ranked areas with property for sale in Karachi, as of December 2022.
Now, without further ado, let’s get started!
5 Popular Areas with Property for Sale in Karachi [December 2022]
Scheme 33
Surprised? Yes, you read it right. Scheme 33 is currently the most-searched area to buy property in Karachi. Well, it is mainly because the area is still under development and property prices here are cheaper. Moreover, Scheme 33 is expected to gain real estate appreciation as it becomes more developed down the road.
Location is another prominent factor behind the immense popularity of Scheme 33. It falls in proximity to other popular localities, such as Gulshan-e-Iqbal, Gulistan-e-Jauhar, Gulshan-e-Maymar, and Malir Cantt. On top of it, the area is also directly connected with Karachi-Hyderabad M9 Motorway. The large-scale development spans over 26,026 acres with the capacity to host hundreds of housing schemes.
Well, according to user behaviour on Zameen.com, Saadi Garden and Saadi Town are the top two localities for property investment in Scheme 33. Located near the Northern Bypass flyover, these areas are connected to the M9 motorway. The strategic location greatly uplifts the real estate value of both of these localities.
DHA Karachi
DHA has been making the list of top areas with property for sale in Karachi for a long time now. The master-planned residential community has a robust infrastructure based on a network of well-paved roads. Moreover, the society has its very own security vigilance team that works side by side with the local police.
The upscale neighbourhood is divided into seven phases and their extensions. Phase 5 of the residential community touches the coastline and hosts Karachi’s very famous Sea View Beach. It also shares boundaries with the area of Clifton, another well-to-do neighbourhood in the city.
Phase 8 is the top-performing neighbourhood of DHA Karachi according to Zameen.com’s search trends. It also offers beachfront houses and a serene environment with plenty of urban open spaces and green belts. As a comparatively newer development, DHA Phase 8 is not much populated and has plenty of vacant residential and commercial plots.
The area is home to landmarks like Nueplex Cinemas, Moin Khan Cricket Academy, and Creek Vistas. Do Darya, one of Karachi’s most famous nightspots is also found in the neighbourhood. While living in DHA, you can also lodge a complaint with CBC for quicker resolution of civic issues concerning you.
The second-most famous phase of Defence is Phase 6. Owing to its central location, the area enjoys easy access to almost all the other phases. Moreover, DHA Phase 6 also hosts some of the best commercial areas in DHA Karachi including Seher Commercial, Shahbaz Commercial, and Bukhari Commercial.
Also, DHA Karachi is surrounded by a network of busy roads. Phases 1, 2, and 7 of the neighbourhood are connected with Korangi Road, which further links it with Shahrah-e-Faisal and many other important roads in Karachi.
Gadap Town
It’s another very popular suburban development to buy property in Karachi. Gadap Town is directly linked with the Northern Bypass, which is further connected to many key routes. A convenient location and cheaper property prices have made Gadap town a quite famous investment choice.
Spanning 1200 kilometres, Gadap Town is a mix of densely populated and under-construction societies. According to search trends recorded on Zameen.com, Surjani Town and Gulshan-e-Maymar are currently the two most searched localities in the area. Planned with ample urban open spaces, Gulshan-e-Maymar offers a peaceful and serene environment to its residents.
Surjani Town is a bustling locality. The area also hosts some of the most famous seasonal and weekly bazaars in Karachi. Running through the middle of the area, Khwaja Shamsuddin Azeemi Road connects Surjani Town with North Karachi. It then merges into Surjani Town Road before intersecting with the Northern Bypass. People living in Surjani Town have easy access to different modes of transportation available in Karachi. There are many popular bus stops, including the northern terminal of the famous Green Line Metrobus project.
On the other hand, Gulshan-e-Maymar is a partially developed and sparsely populated locality. Many of the roads leading to Gulshan-e-Maymar are in a dilapidated state. This is probably why property prices in the area are quite lower than in other parts of the city. This affordability factor naturally makes it an attractive location for property investment in Karachi. It is expected that the property value of Gulshan-e-Maymar will continue to rise with the progress of infrastructure development.
Bahria Town
Bahria Town Karachi is one of the poshest neighbourhoods in the suburbs of the city. The gated community has become a preferred choice for investors and property buyers in the region. According to the user data collected, it is constantly retaining its position among Karachi’s top real estate projects. The residential complex brings a plethora of budget-friendly properties for sale with remarkable features.
Developed by the same real estate company, the urban development patterns are almost identical in Bahria Towns across Pakistan. These neighbourhoods boast state-of-the-art planning, world-class facilities, and a robust infrastructure. Bahria Town Karachi is the latest addition to this list. With an area of 68.37 square kilometres, it is also the largest Bahria Town developed in the country yet.
Despite its distance from the city centre, commuting from Bahria Town to Karachi and vice versa seems pretty convenient. The project is located on Karachi-Hyderabad M9 Motorway and has its very own dedicated interchange. The neighbourhood is based on many precincts, which have been divided into residential and commercial districts. So, where to buy property in Bahria Town Karachi?
Well, the answer is right here. According to Zameen.com, Bahria Sports City and Precinct 12 are the most searched subdistricts in Bahria Town Karachi. Both of these picturesque localities in the neighbourhood with ample recreational activities and green spaces.
With the official tagline “Live an active lifestyle”, Bahria Sports City is a noteworthy development. The place is home to the neighbourhood’s most prominent landmark — the soon-to-be-completed Rafi Stadium. Bahria Sports City is also quite famous for its 350 sq yd ready-made Sports Villas, each of which offers world-class features.
Similarly, Precinct 12, also known as Ali Block, boasts a well-connected location with an abundance of 125 sq yd plots. These ideally-sized and budget-friendly properties are probably a reason why Precinct 12 has become a popular investment choice.
Gulshan-e-Iqbal
With a recent spike in searches, Gulshan-e-Iqbal is now among the top five areas with properties for sale in Karachi. The neighbourhood needs no introduction. It is a well-known locale in the megacity with a vibrant mix of new and age-old urban settlements. Gulshan-e-Iqbal has always been preferred by apartment seekers. The boxy skyline of the area is mostly based on mid-rise developments with a handful of high-rises.
Part of the Gulshan-e-Iqbal Town, Bahadurabad is among the top trending localities in the area. In proximity to PECHS and Jamshed Town, the affluent neighbourhood enjoys a central location. Properties for sale in Bahadurabad cater to both house buyers and apartment seekers. Char Minar Chorangi, Tariq Road Market, and Shaheed-e-Millat Expressway are prominent landmarks and roads nearby.
On the other side of the neighbourhood is its second most popular subdistrict, Sadar Cooperative Housing Society. Also known as Sadaf CHS, the residential complex is relatively a new development. It is a part of the suburbs of the city and is adjacent to Karachi-Hyderabad M9 Motorway. While searching for a home in Sadaf CHS, you’ll mostly find brand-new apartments and houses.
There you have it — a detailed round-up of the five best areas for property investment in Karachi.
Have any questions about the available investment options in the aforementioned localities? Reach out to us at blog@zameen.com with your queries and feedback.
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