Where to invest in Bahria Town Karachi?

Bahria Town Karachi has been a boon for real estate investors in Karachi, and while the market has been slow and the prices down, recently, it is still offering an opportunity for medium-term investment that no one would want to miss. If you are looking to avail that opportunity, you are in the right place. Read on to find out more.

The market is slow, and considering the variety of factors bearing down on it, mid-term investment is the primary option to be considered for the moment. This article explores options in Bahria Town Karachi that are going to yield good returns in about 12 to 24 months. This opportunity comes primarily from lowered prices throughout the housing scheme.

Medium-scale Investors

Rise A Real Estate Company Director Adil Arshad recommended that medium-scale investors can really stand to gain from plots in Precinct 1, and villas in Quaid Block and Iqbal Block in Precinct 2. Moreover, villas in Precinct 10 and 11 can also be considered.

Prices have considerably fallen in these places recently, according to Arshad. When the market was at its peak, 200 sq. yd. villas in Quaid Block were priced at around PKR 20.5 million. If the market had continued rising as it was, it wouldn’t have been surprising if the prices had jumped to as high as PKR 23 million by now.

However, since that didn’t happen, the prices currently fall between PKR 17.5 million and PKR 19.5 million for those villas. Buy those villas now and once the political air clears and things settle down further for Bahria Town, the prices can be expected to rise again in about 12 to 24 months to their previous levels and higher. A decent profit of at least PKR 3 million can be reasonably expected at that time.

Similarly, the 150 sq. yd. villas in Iqbal Block which are priced at around PKR 13 million right now, hovered at around PKR 14.5 million at their peak. This again means a profit of around PKR 1.5 million even if the prices rise only to their former peak points.

Medium-term investment can also be considered in the villas in Precinct 10 and 11. Arshad maintained that villas have a healthy demand among the genuine buyers and this has really attracted the medium-scale investors towards them.

Large-scale investors

Arshad empathically explained that there were only three options that large-scale investors in Bahria Town Karachi consider: Bahria Golf City, farmhouses, and commercial plots.

Again, investment there can only be considered in the medium term. However, he explained that since the investment is larger, the expected returns are equally larger, so investors with the requisite capital don’t invest anywhere else.

To demonstrate the kind of profits expected, he explained that 500 sq. yd. plots in Golf City were launched at PKR 8.5 million. Now the asking premium on these plots is worth PKR 15 million to PKR 20 million.

1,000 sq. yd. plots were launched at the price of PKR 15.5 million, now the asking premium on these plots can be as high as PKR 30 million. Arshad felt that still more profits can be expected on these plot files.

Finally, 1-acre (4000 sq. yd.) farmhouses were launched at a price of PKR 40 million, now the asking premium on these plots hovers around PKR 30 million. They make another good investment option. Meanwhile, for relatively small-scale investments Precincts 22, 25 and 27 were also recommended by Ali Wajid of B & B Properties.

If you’re planning to buy plots in Bahria Town Karachi, make sure to go over our detailed guide on possession and related procedures.

Where are you looking to invest in Bahria Town Karachi? Do you have any questions about it? You can talk to us in the comments section. You can also head to the Zameen Forum for a detailed conversation.