Back in 2017, Bahria Town Karachi was the only prime attraction in Karachi’s real estate market however, this year Scheme 33 has emerged as a thriving and modern investment with tremendous prospects. Property Experts believe that prices in Scheme 33 are on a constant rise since last year and in the last five months it has emerged as the undisputed preference of homeowners and investors in the city of lights.
Scheme 33 is a mega housing project and it consists of 54 sectors which are further divided in a staggering 293 societies. It wouldn’t be an exaggeration to say that it is the grandest of all development projects in Karachi. It has also garnered a great deal of popularity due to its central location, in close proximity with Malir Cantt and Gulshan-e-Iqbal Town and you can access the Super Highway from both sides of the scheme.
Main Attractions & Prospects
Scheme 33 is home to a massive number of residential projects, which have become popular amongst homeowners and investors. Experts believe that the major attractions of Scheme 33 include Saadi Garden, Saadi Town, Sector 17-A, Sector 35-A, the Pakistan Scientists Cooperative Housing Society, Rabia Enclave, the Teacher’s Society, and the Punjabi Saudagaran Society.
All of these housing projects are situated on the southeast of the Super Highway in close proximity to New Karachi, a location that is ideal for homeowners. In particular, the sector 17-A is extremely popular investment with promising prospects along with Madras Town and the Pakistan Navy Housing Society.
On the other hand, Saadi Garden and Saadi Town have emerged as highly affordable and promising investment. However, real estate experts believe that Saadi Town is more suitable for homeowners who want to construct their dream house, while Saadi Garden is a more promising option for investors who seek to make great returns on their investment.
Prices & AffordabilityIn Teacher’s Society, you can purchase a 120 yard plot for the average price range of 5,000,000 while a 200 yard plot costs around 8,500,000 to 9,500,000.
Buyers seeking to invest in a 120 yard plot in Saadi Garden should at least 3,000,000 to 3,500,000 rupees, while a 240 yard plot costs around 5,500,000 to 6,000,000. The rates are much higher in Saadi Town, a 120 yard costs around 5,000,000 to 6,000,000 while a 240 yard plot costs around 10,000,000 to 12,000,000.
In the Pakistan Scientists Cooperative Housing Society, a 400 yard plot costs around 18,500,000 to 19,500,000 while a 240 yard plot is around 15,500,000 to 16,000,000.
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