Top three localities to buy homes in Karachi

Karachi’s property market is always happening because even if sale and purchase activity for plots slows down, houses keep flipping hands.

For the last several months, property rates have been inching upwards, primarily because improved law and order has convinced many investors to consider property in the city by the sea. Some analysts believe that the downturn seen in Dubai’s property market is also contributing to the increased investment volume in Karachi. Nonetheless, I am glad that Karachi is on road to get the status it deserves as the economic hub of the country.

Seeing a decent rise in the demand for houses is a pleasant change as many people traditionally preferred flats over houses. The availability of affordable options in the north of Karachi has helped bolster demand for houses. If you, too, are looking for one, I recommend you check out our listings for houses for sale in Karachi. Please do note that according to the search trends recorded by Zameen.com, the most popular area to buy a house in Karachi lies in the south – DHA Karachi.

DHA Karachi in focus

Throughout the year, DHA has firmly retained its top position as the most popular place among folks looking to buy a house in Karachi.

Although this development features houses that range from 125 square yards to 2000 square yards, the popular categories are 125-, 250-, 500- and 1000-square yard houses.

According to stats recorded by Zameen.com, the average rates of houses for sale in DHA Karachi are as follows:

Gulshan-e-Iqbal Town in focus

Gulshan-e-Iqbal Town is the second most popular society in Karachi for houses for sale. In this particular locality, most of the buyers, as noted by Zameen.com, are interested in Gulshan-e-Iqbal, while Bahadurabad and Gulzar-e-Hijri take the second and third spots respectively.

Houses in Gulshan-e-Iqbal Town are available in different sizes and the popular sizes remain the same as those in DHA. You will, however, find a limited number of 1,000-square yard houses in Gulshan-e-Iqbal Town. The average rates of these houses are given below.

Gulistan-e-Jauhar in focus

The third most popular place to buy a house in Karachi is Gulistan-e-Jauhar. Here, the blocks with new houses are rather more popular among homebuyers and investors. Throughout 2016, Blocks 12, 15 and 14 firmly held the top 3 positions, in that same order.

In this housing society, you can choose between 125-, 250-, and 500-square yard houses. The average sale prices of houses for sale in Gulistan-e-Jauhar, as recorded by Zameen.com, are as follows:

And here you have it, folks – an insight into Zameen.com’s sale price and search trend stats for homes in Karachi. If you need additional information in this regard, leave a message below.