There’s no denying that Karachi has the most expensive real estate market in the entire country. The property prices in the city have skyrocketed in recent years. Affordable property options are still out there, but finding them is a challenge in itself because the landscape of Karachi is so vast and spread across in every direction.
So, if you are searching for a comfortable yet affordable apartment home in the city, you have landed on the right post. Using the most accurate and updated Zameen.com’s listings of “low-cost flats for sale in Karachi”, in this piece, we have put together all the necessary information to help you with your property hunt and make an informed decision.
What to Expect from Low-cost Flats for Sale in Karachi
Finding a cheap apartment in Karachi is easier than you think. Here are a few things to start off your property search on the right foot.
Keeping in view the current market situation and price trend, you can easily find a cheap apartment unit in Karachi that is both well-designed and well-located within a budget of around PKR 50 lakh. The more you increase your budget, the better option you’d get.
The condition of the apartment you are buying depends on some important factors. They include your budget, the location of the property and whether it is new construction or not. You may find a brand-new apartment at a quite reasonable price in locations far away from the city centre because the land is very scarce and expensive in the main city.
Location of Apartment
If you won’t mind moving to far-off locations, then you could find pretty decent property options within a limited budget. For example, you can invest in a brand-new 2- or 3-bedroom apartment in Bahria Town, Karachi’s most popular suburban gated community, or go for a similar but slightly old option in areas like Korangi or North Nazimabad.
People mostly look for 2- or 3-bedroom apartments that are designed to easily fit a small or medium-sized family. However, for singles, couples, or working individuals a studio or a 1-bedroom apartment would be an ideal option.
Their smaller size automatically makes them cheaper to own than other properties. Due to the affordability factor, these small-sized accommodations are now among the most famous types of apartments in Pakistan. You’d find plenty of studio and 1-bedroom options in different parts of the city when looking for low-cost flats for sale in Karachi.
Apartments for Sale in Karachi with Easy Payment Plans
As Pakistan’s leading real estate industry player, Zameen.com has partnered with some of the best and most reputable names in the development industry to bring a plethora of investment opportunities available with easy monthly instalments for apartment seekers in the city.
All of the projects that we are about to list down and briefly discuss below are thoroughly vetted and approved by the concerned authorities, offering investment opportunities that are 100% reliable and highly profitable for both short and long-term investors.
First, we’ll explore a few up-and-coming apartment projects in Bahria Town Karachi
Theme Park Residency
Theme Park Residency is a noteworthy residential high-rise located in Bahria Town Karachi — the city’s highly posh suburban gated community. As evident by the project’s name, it is a vertical living complex that offers unobstructed views of Bahria Adventure Land, which is an international standard theme park. The project boasts a super-tall structure that has G+24-storeys. Theme Park Residency is equipped with different types of modern-day facilities and amenities for maximum convenience. The project comprises 2- and 3-bedroom apartment units with top-of-the-line finishes in a secure gated environment.
Another noteworthy project in Bahria Town Karachi offers well-designed apartments and penthouses Executive Residency comprises 2- and 3-bedroom apartments and penthouses in posh urban settings. The project is 18-storey tall, allowing residents to enjoy panoramic views of the surrounding cityscape. Located on Main Jinnah Avenue, Executive Residency is a prominent high-rise project that guarantees highly capital gains in the next two years.
As evident by the project’s name, Empire Icon is envisaged to become an iconic landmark in Bahria Town Karachi. It is bringing a luxurious living experience to the most central location in the neighbourhood. Owing to its strategic positioning, the project is surrounded by various facilities and is situated in proximity to the main commercial market of the gated community. Empire Icon is a remarkable mixed-use complex that offers luxurious and profitable investment opportunities based on brilliantly packaged commercial outlets and residential units.
Now, let’s take a look at some other highly popular developments located in different parts of the city.
Fatima Golf Residency
Fatima Golf Residency is owned and being developed by the very famous Ghani Builders and Developers. Comprising multiple residential towers, it is a noteworthy addition to the skyline of the city. The project is rising from the immediate vicinity of Jinnah Avenue near Karachi Airport. Fatima Golf Residency is currently offering 2-bedroom apartments with contemporary layouts. It is an apartment complex with all necessary living features surrounded by one of the serenest neighbourhoods in the city.
True to its name, Roomi Icon is an iconic addition to the urban landscape of Pakistan’s largest city. Spanning 10,500 square yards and rising 26 storeys high, it is a prominent residential development Rising from a prime location near Karachi Airport. As a part of a high-yielding real estate vicinity, the project is expected to translate into high investment returns in the near future. Roomi Icon comprises aesthetically pleasing 2- and 3-bedroom apartments and for a more secluded living, the project also offers 3 and 4-bedroom duplex penthouses.
Burj Al Jinnah
Besides enjoying a stellar location, Burj Al-Jinnah features contemporary and comfortable apartment units. The exquisite planning of the project is bringing a royal living experience to the vicinity of Jinnah Avenue near Karachi Airport. The project hosts a variety of amenities, which makes it a perfect choice for investors and genuine buyers alike. One of the biggest features of Burj Al-Jinnah is its unique location. It is situated on an island plot — open from all four sides — which not only adds to the comfort and privacy of the residents but also enhances the overall aesthetic appeal of currently the tallest residential building in the area.
Being developed in Surjani Town’s Sector 11-A, K.D.A Scheme-41, Aziz Excellency is an intelligently designed mixed-use project that also features high-end residential arrangements on its upper floors. The project boasts an eclectic mix of elegantly designed residential apartments and well-planned commercial shops. Aziz Excellency enjoys a super convenient location in Surjani Town, enjoying easy access to many different types of civic facilities including a masjid, parks, and different types of commercial markets.
Al Rauf North Vista II
Al Rauf North Vista II is a high-rise development based on a G+12-storey tall structure, rising from a prime location in North Nazimabad. It is a sophisticatedly planned residential tower that comprises exquisitely designed 2- and 3-bedroom apartment units. Owing to the project’s central location in one of Karachi’s most densely populated areas, it is just a few minutes away from different types of public facilities and landmarks as well as popular thoroughfares in the area, such as Dr. Adeeb Rizvi Road and Sher Shah Suri Road.
Aman Golf View
All set to grace the skyline of Jinnah Avenue with its majestic appearance, Aman Golf View is a world-class residential project that is based on G+11 floors. Located in the immediate vicinity of an international standard golf course, the project enjoys one of the serenest locations in the city. The residents of the project will be living in proximity to Jinnah International Airport and Malir Cantt, which is undoubtedly one of the major perks of investing in Aman Golf View. It is a large-scale project that spans an area of 6,000 square yards, comprising 3 identical towers that are equipped with modern-day features.
A joint venture of Mehran Enterprises and Cliff Vista Associates, Cliff Vista is a large-scale development that has been planned with five residential towers, each of which is 19 storeys high. The unique design of the project allows it to have apartments with a 4-side-open layout and three terraces. As a high-end development, Cliff Vista only features 3-bedroom executive apartments and 4-bedroom penthouses, offering a fully-facilitated lifestyle and scenic views of Karachi’s vibrant skyline. Each of the buildings has 3 floors of car parking and foolproof security measures.
The Mega Mall & Residency
The Mega Mall & Residency is a centrally located and well-planned mixed-use development that enjoys easy access from different parts of the city. Rising from the prime location of Johar Chowrangi, it is now home to Karachi’s biggest outlet of Chase Up Departmental Store, which has already put the project into the spotlight. The Mega Mall & Residency offers commercial outlets on the lower floors, whereas the upper storeys of the building feature 2- and 3-bedroom apartments. The upscale features of The Megamall & Residency are designed to offer you a plush living experience.
Planning to buy an apartment in Roomi Icon or any other aforementioned project? Just fill out the inquiry form attached to this blog and get all your queries answered by the experts at Zameen.com. It’s the best way to make an informed investment decision.
In the meantime, if you are looking for low-cost houses for sale in Karachi, don’t forget to check out this blog.
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