Karachi: Shaikhani Group’s The Motorcity has set a precedent in the real estate sector with the introduction of ‘Pakistan’s first motor sports-themed housing project’; in addition to selling over 70% of the plots listed in the project’s inventory; indicating a surge in demand and an enthusiastic response from end users (buyers who are interested in taking up properties for the long haul) and investors alike – Zameen.com has learned from several trusted market sources.
According to the developer, the motor sports theme is a defining feature of the project and other prominent attractions such as the racing circuit, the sports complex, and the vintage cars’ showroom add to The Motorcity’s ‘ growing popularity among the real estate circles’.
Located along the Northern Bypass, The Motorcity sits adjacent to the head office of the Malir Development Authority (MDA). Moreover, Dream World Resort, Gulshan-e-Maymar, Karachi-Hyderabad Super Highway (connects with the Lyari Expressway), Malir Link Road, Sohrab Goth and Jinnah International Airport are also situated in close proximity to the project – making it one of the most frequented societies in Karachi.
The project features both residential and commercial plot cuts, priced at PKR 3.485 million (and above) and PKR 11.2 million (and above), respectively. Moreover, the Motorcity plot prices were seen to appreciate by 60% during the past three years and market experts anticipate capital gains between 80% and 85% during the next three years – which makes a convincing case for why The Motorcity is a reliable and profitable investment.
If you want to know more about the project or wish to book your own plot here, please reach out to our sales centre helpline numbers: +92-21-111-333-333 (Pakistan), +971-4-4378010 (UAE).
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