{"id":28230,"date":"2020-02-03T00:00:23","date_gmt":"2020-02-03T00:00:23","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=28230"},"modified":"2020-02-03T11:39:44","modified_gmt":"2020-02-03T11:39:44","slug":"interested-in-scheme-33-here-is-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/interested-in-scheme-33-here-is-what-you-need-to-know.html","title":{"rendered":"Should You Invest in Scheme 33, Karachi?"},"content":{"rendered":"\n

Ever wondered why Scheme 33, Karachi<\/a> is the first option to pop up when people talk about lucrative investments in the city of lights? Well, there are a number of reasons why the project is nothing short of ideal for residential use and investment. And, affordability, hands-down, ranks at the top! <\/p>\n\n\n\n

Being the country\u2019s most reliable portal for everything real estate, we have taken this opportunity to source and compile all the latest updates about Scheme 33, Karachi, along with taking a closer look at the locality, and some reasons why the project boasts a better ROI among the plethora of the investment avenues in Karachi. <\/p>\n\n\n\n

So, wear your investor\u2019s binoculars, and let\u2019s get investing! <\/p>\n\n\n\n

Project Details \u2013 Scheme 33, Karachi <\/h2>\n\n\n\n
\"Scheme
Scheme 33 was initially launched in 1971. <\/figcaption><\/figure><\/div>\n\n\n\n

Scheme 33 was proposed as a regulated housing scheme in 1971 \u2013 under the dual flagship and control of the Board of Revenue (BOR) and the Karachi Development Authority (KDA). The scheme was planned, designed, and developed with an aim to provide affordable housing to low and middle-income groups of people, especially salaried individuals. The KDA was tasked with the responsibility of planning and development work, while the BOR was set to look after the cost of land, zoning, and other regulations. <\/p>\n\n\n\n

However, the project was put on hold for an extended time for different reasons. Positive movements and developments once again started to appear on the map when the project was transferred to the City District Government of Karachi (CDGK) in 2004. This was the time when the megaproject recorded some remarkable progress and astounding developments that are continuing till now. According to popular folklore, the project owes its name to the period during which it was stalled — 33 years to be exact. <\/p>\n\n\n\n

The project is located in close proximity to Gulshan-e-Iqbal<\/a> and is surrounded by various significant developments, including none other than Gulistan-e-Jauhar<\/a>, Gulshan-e-Maymar<\/a>, and Malir Cantonment<\/a>. <\/p>\n\n\n\n

Sitting on the edges of the Karachi-Hyderabad Motorway, the project spans over an area of 26,026 and is expected to become home to around 137 housing schemes \u2013 out of which a few are already completely developed and populated, while more schemes have been announced. Furthermore, out of all the residential projects being said to occupy a \u201cprime location in Scheme 33\u201d, some were earmarked as \u201csafe-for-investment\u201d by the Sindh Building Control Authority (SBCA), quite recently. This step by the authority was welcomed far and wide since some bad actors were abusing the reputation and investment potential of Scheme 33 and robbing people of their hard-earned money. We will discuss the clean projects in the latter section of this blog, after first exploring some reasons as to why you should consider investing in Scheme 33, Karachi. <\/p>\n\n\n\n

Investing in Scheme 33, Karachi \u2013 Is it a Good Idea? <\/h2>\n\n\n\n
\"Investment
Scheme 33 offers a wide range of investment options! <\/figcaption><\/figure><\/div>\n\n\n\n

It is no secret that Scheme 33 boasts a vivid spectrum, whether it is about location, pricing, or investment options. Here\u2019re some solid reasons why you should consider investing in Scheme 33, Karachi: <\/p>\n\n\n\n