7 Best Places to Buy Property in Karachi in 2020

Property for sale in Karachi 2020 is booming as this not only is Pakistani dream but also a lifelong investment. It’s a financial decision as well as an emotional one which transcends many generations. It’s passed on from one family to another and then to another and never loses its value.

7 Best Places to Buy Property in Karachi in 2020 are:

1. DHA Karachi
2. Bahria Town Karachi
3. Scheme 33, Karachi
4. Gulistan-e-Jauhar
5. North Nazimabad
6. Nazimabad
7. Clifton

The real estate market in 2020 Karachi is very different from last year due to the Coronavirus pandemic as more and more people are looking towards certainty and parking of their capital during these testing times. Stock market in Pakistan has never been considered a safe bet. People have always looked at it with suspicion. It’s sort of gambling for them so property for sale in Karachi 2020 is the perhaps the only option here.

Below are some other good areas to buy property in Karachi:

• Saadi Town
• Gwalior Cooperative Housing Society
• Gulshan-e-Kaneez Fatima
• Karachi University Housing Society
• Pir Gul Hassan Town
• Lawyers Colony – Karachi Bar Cooperative Housing Society
• Federal Government Employees Housing Foundation
• Gulshan-e-Kaneez Fatima
• Zeenatabad
• Karachi University Housing Society
• Rimjhim Villas
• Rafi Premier Residency
• Gulshan-e-Iqbal
• Bufferzone
• Federal B. Area.

Now you might think in above list that what’s the comparison of DHA with Nazimabad. The thing is that this list encompasses affordability plus the lifestyle and all the utilities of life. This covers the whole spectrum of people from all walks of life with varied incomes. Of course, an average person cannot afford in Clifton or DHA, but an upper middle class can always buy in Bahria or in Scheme 33. Jauhar attracts a different kind of residence and so is Nazimabad.

There is no alternative (TINA) in Pakistan as far as investment is considered. Pakistani investor has very limited options within the country. Whether it’s your principal place of residence or an investment property, Karachi is the place to be. Even when things were very scary in the city, the property was booming. During law and order crisis of not long ago, the only safe bet in parking your money in Karachi was with property.

Property is here to stay.