Karachi, which is the largest city of Pakistan, acts as the economic engine of the nation. Its urban sprawl is based on an interesting mix of residential and commercial neighbourhoods. A vast network of important roads—based on long expressways and signal-free corridors—connects different parts of the entire metropolitan area. The urban landscape of the city has been dotted with many important government buildings and headquarters of some of the country’s biggest private firms.
So, if you are also planning to set up a corporate space in the City of Lights, but aren’t properly aware of the most popular and well-connected business locations in the metropolis, then we are here to help. In this blog, we have handpicked the best areas to look for an office for sale in Karachi.
Now, let’s get the ball rolling!
Best Areas to Look for An Office for Sale in Karachi
Some of the most famous corporate districts in Karachi have been listed as under:
- DHA Karachi
- Bahria Town Karachi
- I. I. Chundrigar Road
Recognised as one of the poshest neighbourhoods in the city, DHA Karachi is a meticulously-planned locality. It has a robust infrastructure based on a network of well-constructed roads. For navigational convenience, DHA Karachi has been divided into seven phases and their extensions. Along with providing first-rate living, each phase of the locality has one or even more than one commercial area.
All the commercial areas in Defence have designated properties for retail outlets and corporate spaces along with residential apartments. Bukhari Commercial in DHA Phase 6 and Zamzama Commercial in DHA Phase 5 are among the most sought-after business locations in Karachi.
Both of these commercial hubs of DHA Karachi enjoy a well-connected location and have many available properties that are suitable to set up an office in Karachi. So, if you are planning to buy an office in Defence, Karachi, you should check out the listings on Zameen.com.
Another very ideal project to look for an office for sale in Karachi is Bali Business Boulevard. As the name suggests, this under-construction project is envisioned to become a corporate hub. Bali Business Boulevard is conveniently located in DHA Phase 2 on the main Sunset Boulevard.
Some of the city’s key landmarks fall in the vicinity of this real estate project. They include Sunset Boulevard Bridge, The Forum, Ocean Mall, and Bahria University Medical and Dental College. Learn more about the investment options and facilities of Bali Business Boulevard through our detailed guide on the project.
Based on a plethora of apartment and mixed-use complexes, Gulshan-e-Iqbal has started emerging as one of the most popular business locations in Karachi in recent years. The area now hosts many offices and corporate headquarters of private companies. The route of University Road, which is one of Karachi’s most important expressways, feasibly connects the entire area.
Landmarks like Expo Centre, National Stadium, SSGC Headoffice, and Civic Centre increase the commercial significance of the vicinity. If you search for offices for sale in Gulshan-e-Iqbal, you will come across many investment opportunities suiting your requirements. Plus, as compared to other posh localities in the city, investing in office spaces in Gulshan-e-Iqbal is much more affordable.
NIPA Chowrangi is also a very famous landmark in the area, especially, in terms of public transport in Karachi. Almost every famous bus service running in the area makes a stop at this chowrangi. This greatly adds to the convenience of commuters in this major business and educational district of Karachi.
Major educational institutions like Sir Syed University of Engineering and Technology, Federal Urdu University, NED University of Science and Technology, and the University of Karachi are found in the neighbourhood of Gulshan-e-Iqbal.
Bahria Town Karachi
Home of many upcoming well-equipped business and commercial districts, Bahria Town Karachi is another very well-known neighbourhood in the suburbs of Karachi. It is highly popular for its posh residential settings, which are bound to offer a fully-facilitated lifestyle to the residents of this real estate project.
If you are planning to invest in an office in Bahria Town, Karachi, then you should take a look at Midway Commercial. It is the neighbourhood’s most populated and famous commercial district yet. Plus, it enjoys a very central location in Bahria Town and is connected with main Jinnah Avenue. Midway Commercial is just a few minutes’ drive away from the main entrance of this posh gated community. Proximity to landmarks like Bahria Adventure Land and Grand Jamia Masjid greatly adds to the real estate significance of Midway Commercial.
Another important thing to note here is that since Bahria Town is located in the suburbs of Karachi, the neighbourhood has lower property prices than many other areas in the city. This means if you want to own a well-constructed yet affordable office space in Karachi, then investing in Bahria Town Karachi may be a good option for you.
Despite the real estate project being located quite far from the city centre, commuting from Bahria Town doesn’t look like a big problem, thanks in part to the availability of a shuttle bus service. Plus, there is a dedicated interchange on Karachi-Hyderabad M9-Motorway for the convenience of residents and visitors to Bahria Town Karachi.
The list of the most popular and well-connected locations to own a corporate space in Karachi will be incomplete without mentioning the name of Shahrah-e-Faisal. You may be familiar with it because it is probably the most significant road link in the entire metropolitan area as it connects different parts of Karachi to Jinnah International Airport.
There are many corporate headquarters and offices of major business firms located on Shahrah-e-Faisal. However, the most popular corporate zone on the road starts from Baloch Colony Flyover and ends near the Financial Trade Centre (FTC). It is considered one of the best business locations in Karachi. For the facilitation of commuters and pedestrians in the area, the entire route of Shahrah-e-Faisal has been dotted with pedestrian bridges and bus stops.
Check out the listings of offices for sale near Shahrah-e-Faisal on Zameen.com to take a closer look at the features and prices of the available options. There are mostly high-rise buildings in the vicinity. Buildings that are newly constructed offer facilities like covered car parking, stand-by generator, and secure entry/exit points. However, offices in older constructions may not come with most of such features. However, the facility of an elevator is available in almost every other office building on Shahrah-e-Faisal.
Long before the development of Defence, the only posh locality in Karachi was Clifton. Since the area is maintained and looked after by the Cantonment Board Clifton (CBC), it has retained its status as one of the city’s most sought-after neighbourhoods to date.
Clifton is one of those well-known locations that are usually the first preferences of Karachittes if they are looking to set up a business in Karachi. It is home to some of the most popular landmarks in Karachi like Do Talwar (Two Swords) and Teen Talwar (Three Swords).
It is also home to some of the tallest buildings in Karachi including the Bahria Icon Tower, Ocean Tower, HBL Tower, Dolmen Tower III and IV, and the very famous Harbour Front Building. Dolmen Mall Clifton, which is Karachi’s second-largest shopping mall is also located in HarbourFront Building.
All these real estate and infrastructural developments greatly highlight the prominence of Clifton as a business location. Boat Basin, which is one of Karachi’s best nightspots is also found in the vicinity. Clifton shares boundaries with DHA Karachi, which is another plus point of it as a business district.
Also, since the area is located near Sea View Beach and along the coastal belt of Karachi, it is the only place in the city where you can own a corporate space overlooking panoramic views of the sea. So, check out the listings for offices available for sale in Clifton and see if you can find the property you have been looking for. Also, keep in mind that owning and setting up a corporate space in a posh locality like Clifton in Karachi doesn’t come cheap.
I. I. Chundrigar Road
I. I. Chundrigar Road is the oldest and most popular business address in Karachi. It remained the largest business hub in the city for a very long time. Owing to its immense popularity back then, Habib Bank Plaza, Karachi’s first-ever tallest building, was constructed in the area. The structure of the skyscraper was completed in 1972.
However, in all these years, many highrises and modern buildings have sprung up in the locality. This is what makes the area feel a bit overcrowded. Also, I.I. Chundrigar Road has almost no space left for new developments.
There are chances that when looking to buy an office at I. I. Chundrigar Road, you may come across a decent corporate space to invest in. Parking can also be an issue for the office goers as the area has small alleys and not enough parking space. Despite all these shortcomings, it is home to the offices and headquarters of many prominent financial and government institutions as well as media enterprises.
Moreover, the real estate rates here may also be high since it is one of the most centrally located business districts to look for an office for sale in Karachi. Famous landmarks like Merewether Tower, KMC Building, and Port Grand, which is one of the best family attractions in Karachi, fall in proximity to the I. I. Chundrigar Road.
This brings us to the end of our detailed analysis of the most popular areas to look for an office for sale in Karachi. We hope the information we have provided you here will help you come up with an informed decision in terms of corporate investment in the City of Lights. If you have any additional queries on the subject, feel free to write to us at email@example.com.
Don’t forget to similar guides on the top areas to set up an office in Lahore and Islamabad. Also, in the meantime, if you are on a hunt for the best localities for commercial investment in Karachi, then this blog has all the information you need to know.
For all the latest updates on real estate trends and property developments in the country, stay tuned to Zameen Blog, the best real estate blog in Pakistan. Subscribe to our email newsletter if you want to stay updated with all our latest blog posts.