Falaknaz Sky View Tower Korangi Creek
Korangi Creek Cantonment, Korangi, Karachi, Sindh

14
Map
7 Sq. Yd.
Overview
Details
- TypeShop
- PricePKR35.64 Lakh
- Bath(s)-
- Area7 Sq. Yd.
- PurposeFor Sale
- Bedroom(s)-
- Added2 weeks ago
- LocationKorangi, Karachi, Sindh
Description
The Falaknaz Skyview Tower
(often referred to as Falaknaz Skyview Towers) is a high-profile mixed-use project by the Falaknaz Group. Based on the details you provided, here is a breakdown of the investment for a ground-floor shop:
Project Overview
Location: Situated in Korangi Creek, Karachi, directly in front of IBA University (Cantonment area). This location is considered high-value due to the student population and the proximity to the Korangi Industrial area and DHA Phase 7/8.
Property Type: Commercial Ground Floor Shops.
Financial Plan
The figures you provided align with the current pre-launch or early-phase booking rates for the project
Category Details
Total Cost PKR 3,564,000
Booking Amount PKR 700,000 (approx. 20%)
Installment Period 48 Months (4 Years)
Estimated Monthly Payment Approx. PKR 45,000 50,000 (depending on balloon payments)
Key Highlights for Investors
High Visibility: Ground floor shops in this area typically attract high footfall from university students, faculty, and residents of the upcoming luxury apartments in the same tower.
Builder Reputation: Falaknaz Group is a well-established name in Karachis real estate (known for projects like Falaknaz Dreams, Harmony, and Presidency).
Amenities: The tower is designed to include modern features like high-speed elevators, 24/7 security, and dedicated parking for the commercial area.
Important Considerations
Possession Charges: Often, the "Total Cost" covers the unit price, but additional charges for documentation, utility connections (gas, electricity, water), and "West Open" or "Corner" premiums may apply.
Development Status: Ensure you verify the current construction stage on-site to gauge if the 48-month timeline matches the physical progress.
Rental Yield: Given the proximity to IBA, these shops have strong potential for rental income, particularly for cafes, stationery/print shops, or pharmacies
(often referred to as Falaknaz Skyview Towers) is a high-profile mixed-use project by the Falaknaz Group. Based on the details you provided, here is a breakdown of the investment for a ground-floor shop:
Project Overview
Location: Situated in Korangi Creek, Karachi, directly in front of IBA University (Cantonment area). This location is considered high-value due to the student population and the proximity to the Korangi Industrial area and DHA Phase 7/8.
Property Type: Commercial Ground Floor Shops.
Financial Plan
The figures you provided align with the current pre-launch or early-phase booking rates for the project
Category Details
Total Cost PKR 3,564,000
Booking Amount PKR 700,000 (approx. 20%)
Installment Period 48 Months (4 Years)
Estimated Monthly Payment Approx. PKR 45,000 50,000 (depending on balloon payments)
Key Highlights for Investors
High Visibility: Ground floor shops in this area typically attract high footfall from university students, faculty, and residents of the upcoming luxury apartments in the same tower.
Builder Reputation: Falaknaz Group is a well-established name in Karachis real estate (known for projects like Falaknaz Dreams, Harmony, and Presidency).
Amenities: The tower is designed to include modern features like high-speed elevators, 24/7 security, and dedicated parking for the commercial area.
Important Considerations
Possession Charges: Often, the "Total Cost" covers the unit price, but additional charges for documentation, utility connections (gas, electricity, water), and "West Open" or "Corner" premiums may apply.
Development Status: Ensure you verify the current construction stage on-site to gauge if the 48-month timeline matches the physical progress.
Rental Yield: Given the proximity to IBA, these shops have strong potential for rental income, particularly for cafes, stationery/print shops, or pharmacies
Amenities
- Main Features
- Built in year: 2012
- Parking Spaces: 4
- Central Air Conditioning
- Central Heating
- Flooring
- Electricity Backup
- Waste Disposal
- Floor
- Elevators: 1
- Other Main Features
- Rooms
- Other Rooms
- Business and Communication
- Broadband Internet Access
- Satellite or Cable TV Ready
- Other Business and Communication Facilities
- Community Features
- Community Lawn or Garden
- Community Swimming Pool
- Community Gym
- First Aid or Medical Centre
- Day Care Centre
- Kids Play Area
- Barbeque Area
- Mosque
- Community Centre
- Other Community Facilities
- Nearby Locations and Other Facilities
- Nearby Schools
- Nearby Hospitals
- Nearby Shopping Malls
- Nearby Restaurants
- Distance From Airport (kms)
- Nearby Public Transport Service
- Other Nearby Places
- Other Facilities
- Maintenance Staff
- Security Staff
- Other Facilities
Location & Nearby
Korangi Creek Cantonment Map
Nearby
Home Finance
Calculate and view the monthly mortgage on this shop
Conventional
Interest Plan
Ghar Sahulat Scheme
Employment Status
Salaried
Property Price
PKR
Loan Period
Years
Down Payment
%
PKRInterest Rate
%
Monthly PaymentPKR35 Thousand
Bank Finance AmountPKR24.95 Lakh
Payment Breakdown
InterestPrincipal
Price Index
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City Real Estate and Builders
Mubashir Ali















