Karachi is an ever growing and expanding mega city. A number of people move to Karachi from rural areas of Sindh and other provinces every month. All these new public moving into the city need places to live. Even though the real estate industry of Pakistan has seen a lull in the recent past, there are so many property ventures popping up around Karachi and other cities. With so many new and even older projects to choose from and also the number of locations to decide between, it becomes very difficult for the buyer/ investor to make up their mind. Hence we have put together a list of locations in Karachi that you might find suitable to your tastes.

 

1.    Clifton. This is one of the most posh areas of Karachi. It holds one of the safest strips of houses in the area of Bath Island. The property rates in this locality are on the higher side and not everyone can afford to invest or live in this area. Clifton does not have a fast growing pace because the growth has now become stagnant. There are very few new projects popping up. Due to this reason the property rates in this area are sky high as the demand is high but the availability of property projects is low. 

 

2.    Defence Housing Authority DHA. This is another posh area of Karachi which has covered a major chunk of this city. Defence consists of many different phases. Some are pricier than the others. There are certain phases that have started to get populated now as the population has increased in the city. Projects like Creek Vista and Crescent Bay made major changes to the Defence society in a way that they started the growth in phase 8. 

 

3.    Gulshan-e-Iqbal. This area was considered as the outskirts of Karachi until some years ago. Many people did not prefer living there as they considered it to be too far from the center of the city. Now slowly and gradually with the growth of real estate in this region and new projects popping up, a lot of population has shifted to Gulshan because at one time it was less populated and a lot quieter. 

 

4.    PECHS. This is probably the most central location of Karachi. It is the most accessible to most areas of work. It is close to Shahra e Faisal, Tariq Road and Bahadurabad, which are the most visited work and shopping places. It has extremely high property rates due to its central location in the city. 

 

5.    Gulistan e Jauhar. This area has revamped so much over the last decade that it is extremely hard to believe. There are loaded food streets that have turned this locality into one of the most frequently visited ones. With the influx of more business and employment opportunities, the property rates have gone up too and so many new real estate investment options have popped up. 

 

These are just a few of the many areas in which you can invest in Karachi. Recommend more options in our comments section if you can think of anything else.

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