Ahsan Garden and Ahsan Grand City are a great option for people looking to buy affordable plots in Karachi. The housing scheme launched in 2005 and can be attractive to both genuine buyers and investors. To investors, it might be of interest because possession here hasn\u2019t been granted yet and when it is granted, the expectation is that a hefty margin exists for gains that can be made. Particularly investors in the middle-income groups will find it suitable for their budgets.<\/p>\n
Genuine buyers, meanwhile, can consider it because possession is about to be granted and they can find affordable plots and hope to construct their homes in half a year\u2019s time.<\/p>\n
On ground situation: development and news of possession<\/strong><\/p>\n According to Imran Kath of Kath Real Estate Marketing, development has been completed in the initial Blocks: Blocks A, B, and 5. Possession in these blocks is going to be available first by December, Kath expected.<\/p>\n Indeed, according to Kath, on the society\u2019s part, there is no reason or need to delay. Ahsan Garden and Ahsan Grand City just await the cantonment\u2019s NOC for which the documents have also been submitted, and once the NOC has been granted, they will begin giving out possession to the buyers. He expected the NOC to be granted by December, followed by possession.<\/p>\n The housing scheme also awaits the NOC because some of the amenities and utilities like gas and electricity are not yet available even though the housing scheme already has the utility poles installed.<\/p>\n Positive price trends<\/strong><\/p>\n The prices have increased significantly since our last update on Ahsan Garden and Ahsan Grand City<\/a> in April. According to Kath, they have been on rise for the past whole year, despite the relatively slow state of Pakistan\u2019s market. They are expected to continue that rise after possession becomes available, and as development takes place. As it is, the prices currently stand as follows:<\/p>\n\n\n
\n Block A<\/strong><\/td>\n<\/tr>\n \n 200 yd2<\/sup><\/td>\n 3,500,000\u20144,000,000<\/td>\n<\/tr>\n \n 400 yd2<\/sup><\/td>\n 5,500,000\u20146,500,000<\/td>\n<\/tr>\n \n Blocks B and 5<\/strong><\/td>\n<\/tr>\n \n 120 yd2<\/sup><\/td>\n 2,500,000\u20143,000,000<\/td>\n<\/tr>\n \n 200 yd2<\/sup><\/td>\n 3,500,000\u20144,000,000<\/td>\n<\/tr>\n \n Blocks C and D<\/strong><\/td>\n<\/tr>\n \n 120 yd2<\/sup><\/td>\n 1,800,000\u20141,900,000<\/td>\n<\/tr>\n \n 200 yd2<\/sup><\/td>\n 2,500,000\u20142,800,000<\/td>\n<\/tr>\n \n Block 1, 2, 3, 4<\/strong><\/td>\n<\/tr>\n \n 120 yd2<\/sup><\/td>\n 2,000,000\u20142,500,000<\/td>\n<\/tr>\n \n 200 yd2<\/sup><\/td>\n 2,700,000\u20143,500,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n