Bahria Town Adds a New Light to Karachi Real Estate

Bahria Town Karachi

Karachi is the largest city of Pakistan, which is called the city of lights. It is the capital of province Sindh and the Birthplace of Quaid- e- Azam Muhammad Ali Jinnah. It generates most of the business of Pakistan. Karachi is the highly important place for business in Pakistan. All the exports and imports in Pakistan are done through Gawadar port Karachi, which means that in economic perspective Karachi is the most important city of Pakistan. Karachi city has its own importance as it is situated at the Seashore of Arabian Sea.

Karachi contains the largest population in Pakistan because people from other areas of province Sindh and from other provinces come here for business. A large number of wage earners also come to Karachi to generate their earnings and to feed their families, which had increased its population gigantically.

For the families of Karachi who are sick and tired of the instabilities in Karachi and who want a peaceful safe life in Karachi, Bahria town has brought a new project for the People of Karachi. Bahria town Karachi assures accommodation, safety, style and every necessity of life to the people of Karachi. This project has added a new light to Karachi real estate market that people across the country and people of Karachi are showing so much interest in investing in it to get huge future monetary benefits. Hence, it is an ideal place for living and investing as well.

DHA Karachi properties are even more valuable

The DHA Karachi, also named as Pakistan Defense Officers Housing Authority, is one of the snobbish residential communities. The main goal of the community is to develop a housing society with high standards of living. The efforts made have been credited very well and DHA Karachi properties provide its residents a class of lifestyle with healthy environment settings, excellent recreational facilities, modern architectural design, lush parks, and high class educational instructions. The Jinnah International airport can be accessed by a drive of just 30 minutes and the business hub ofKarachi is II Chundrigar road is located at the drive of just 20 minutes.

Unlike the commercial properties in Karachi, the rates of residential properties and DHA Karachi properties somehow are stable, whereas the commercial properties prices have been dropped by 30% in last 3 years. Although there is a common practice in the residential area to increase the house rent by 10 percent after every year and sellers and home owners are also following the rule with an interest rate which has been maintaining the same value for past couple of years. Even the supply and demand graph line is also going side by side. If you want to sell or rent your house in DHA Karachi, you just put an advertisement on any real estate portal or in the local newspaper, after few days the deal and all the legal things are done between you and the buyer. Real estate agents are of the opinion that peaceful political situations in DHA Karachi are one of the factors that contribute towards the stable properties rates. Moreover more commercial and residential projects are being constructed in DHA Karachi.

A business lately moved their branch into a building in DHA phase II on lease of 65K per month. The owners say that they had been paying 100K per month to the previous landlord in DHA. The previous unit was also of the same size in the location of same status, not to mention.