Situated south of the Malir River, Korangi is a town of Karachi having 13 neighbourhoods within its limits. These are Chakra Goth, Hasrat Mohani Colony, Gulshan-e-Mehran, Hundred Quarters, Nasir Colony, Gulzar Colony, Qayyumabad, Korangi Sector 33, Bhittai Colony, Bilal Colony, Zaman Town, Mustafa Taj Colony and Allahwala Town. The population here is diverse, with Sindhi, Baluchi, Urdu and Pashto being the commonly spoken languages. Real estate in Korangi offers a range of options in terms of buying, especially for those who work in the nearby industrial area.
Investing in Karachi's real estate can be challenging, especially if you are uncertain about which area would best suit your needs. While people travel from all over the city to work within Korangi’s countless offices and factories, those who wish to reside close by can surely find a home here. Homes in Korangi are easily available for sale from 150 square yards. However, larger properties of 300 or 600 square yards can also be found if needed. The most popular places to search for a home within Korangi are Lucknow Society, P & T Housing Society, Korangi - Sector 33 and MBCHS.
The prices for homes in Korangi vary, with a 150 square yards unit on sale for PKR 40 lakh to 5.5 crore. Buying a house of 300 square yards can cost you around PKR 59 lakh to 5.2 crore. Meanwhile, a house of 600 square yards can be bought for PKR 2.6 to 8.25 crore within this community. On the whole, the price range of residential properties in the area can range between PKR 11 lakh to 10 crore.
Falcon Grammar School, The Intellect School and Hope School are three of the institutes offering basic education to the residents of Korangi, while Govt. Girls Degree College in Korangi No.6 and Govt. Degree Boys College are ideal for intermediate education. Universities for higher education in the area are Sindh Institute of Management & Technology, Barrett Hodgson University, ILMA University and Institute of Business Management. Meanwhile, medical aid can be found at Creek General Hospital, Sir Syed Hospital, Saima Medical Centre and Hope General and Maternity Home.
Korangi intermingles its residential and industrial sectors, and thus, the supply of basic utilities can be disrupted due to the homes’ proximity to the factories and warehouses where power, water and gas are being used. Certain areas of Korangi might also seem insecure to residents but the District Korangi Police has formed a special squad to ensure that the occurrence of street crimes can be prevented. While there are several small area parks located within Korangi, Chandi Park and Lodhi Model Park are two options that families can visit on the weekends.
Defence Mall is the closest shopping hub for homeowners of Korangi, but there is a range of smaller local area shops that cater to almost all of the major buying needs of the residents. Dua Whole Sale Store, Mujjtba Nimko And Dry Fruit Shop, Saeed Mobile Shop, Zeeshan General Store and Khan Hardware & Sanitary Store are just some of the many shops that sell everything from packaged goods to hardware supplies and mobile accessories. The Food Factory Restaurant, Al-Meezan Restaurant and Cafe Abaseen are some of the eateries located in Korangi.
Korangi remains a viable option for home buying as the town offers a number of smaller residential projects where you can find the perfect dwelling for your family. The area is also ideal as a residence for those who work in the nearby industrial area and want to live close to their workplace. The region is fairly well connected to the rest of Karachi via roads and public transport options and offers all the essential amenities within its town limits.
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