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Latest Plots for Sale in Karachi

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Plots for Sale in Karachi

Karachi, the financial capital of Pakistan, has been long regarded as a no man’s land due to the security concerns and increasing crime rates. With that being said, there are rather areas in the city that are affected with instability, while most of the city just goes about its business. But without a doubt, the real estate in Karachi poses an attractive proposition and is funded by both local and foreign investment. There are various locations across the city where you can buy reasonably priced plots.

Top locations for Karachi Plots

There are many prime locations in Karachi where you can buy plots for multiple uses. If you are looking for settled housing communities, then you can find plots in Askari, Clifton, Defence, Federal Board Area, Gulshan-E-Iqbal, and Nazimabad among many others. On the other hand, if you are looking for new housing communities, then you can find plots in Bahria Town, DHA Phase VI extension, Badar Commercial, PIDC, and properties near Super Highway among others. There is increasing construction and development activity in the region, which means that new plots will only increase in availability.

Buying Latest Plots in Karachi

As mentioned before, there are various locations in Karachi when it comes to buying plots. It comes down to what your long term goals are when buying a plot. For example, do you want to use the plot commercially or residentially? Do you want to buy the plot for resale or as part of your real estate investment? Based on what the reason for buying the plot is, you will have to look for different locations. For example, you can’t expect to buy a plot for commercial use in a residential scheme and vice versa.

Commercial and Residential Karachi Plots

For example, purchasing a plot Gulshan-E-Iqbal will be a good move if you intend to use it for residential purposes. On the other hand, plots in DHA will allow you to use them for both commercial and residential purposes, but will be priced higher. Then there are plots in other housing schemes like Karachi Development Authority (KDA) and Bahria Town that have flexible payment plans and are attractive for residential use.

Real Estate Investment in Karachi

Another thing when it comes to buying new plots is the credibility of the real estate investor. If you are getting the opportunity to buy new plots in Bahria Town, then you can lock down the plot without giving it a second thought. This is because Bahria Town is one of the premier housing schemes in Pakistan. However, a small real estate investor that does not have the resources to market the plots properly will always come into question.

The real estate investment in Karachi is booming against the backdrop of political instability and security issues. But as mentioned before, these concerns and issues are reserved to certain places for the most part. The prices of plots in Karachi are rising at an alarming rate, so having a plot today will definitely pay dividends tomorrow. 

 

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