The Airport Security Force Housing Scheme is one of the major attractions of Karachi’s rampantly progressing real estate industry. Even though various factors such as the great distance from the central city attractions and slow pace of development make it a seemingly bad investment but experts believe that these odds are about to change.
The plot balloting process for the ASF Housing Scheme Karachi took place on the 14th August, 2018, and real estates experts now believe that most investors regard the distance from the city as a preference while the authorities have promised that the development process shall now be speedy and highly prioritised. Moreover, the location of the ASF Housing Scheme has also been changed. Earlier it was near the Karachi-Hyderabad Motorway and now it is being moved near to DHA City, which will further increase prices and rate of returns for investors.
After the balloting process took place, investors, buyers and sellers discovered ASF Housing Society to be a promising new investment with renewed interests. And currently the market for this project is swiftly on the rise and plots are increasingly being bought and resold.
This project was inaugurated back in 2016 however, the first balloting process took place in 2017, and the current balloting process was for investors who have paid off at least five instalments. Following the ballot, real estate experts believe that the ASF Housing Project has re-emerged amongst the top most attractions for investors and homeowners in Karachi. This has caused the values of the property to surge upwards as well.
Currently, investors need to pay around 150,000 for a 125 sq. yard which was previously 135,000 and continues to rise. It appears that the ASF Housing Scheme is immensely popular for sellers and investors who want to sell it off for greater profits. Needless to say, this project has great potential and promising prospects; however, it needs time to emerge as the leading real estate investments in Karachi.
This is primarily because of the developments taking place in New Karachi and the powerful appeal of mega housing projects like the DHA City and the Bahria Town Karachi which are in close proximity. Investors who cannot afford these lavish investments can always turn towards the ASF Housing Society as it also promises to generate massive profits in the future.
If you seek to make a long-term investment and have the patience to let the profits build up, this is the perfect project for you!
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