{"id":53022,"date":"2019-04-05T12:36:08","date_gmt":"2019-04-05T12:36:08","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=53022"},"modified":"2021-02-09T05:19:44","modified_gmt":"2021-02-09T05:19:44","slug":"real-estate-lahore-karachi-impact-people","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/real-estate-lahore-karachi-impact-people.html","title":{"rendered":"Real Estate in Lahore and Karachi\u2014How the Differences Impact the Lives of Residents?"},"content":{"rendered":"\n
While Karachi vs. Lahore might be an age-old debate, there is no debating the fact that life in the two concrete metropolises runs at high speed. The rising rate of population in both Lahore and Karachi has increased the demand for housing and associated facilities. Both cities tackle the demand in their own ways, and this results in a change of lifestyle that Karachites and Lahoris enjoy. Let\u2019s take a look at how real estate in Lahore and Karachi impacts the lives of the residents.<\/p>\n\n\n\n
An Overview<\/h2>\n\n\n\nThe City of Gardens vs. The City of Lights<\/figcaption><\/figure>\n\n\n\n
Karachi, also known as the City of Lights, due to its active nightlife, is the most populated city of Pakistan. Meanwhile, Lahore, once known as the City of Gardens, is the second most populated city of the country. Both cities hold immense historical and economic value, and people living in the surrounding urban and rural areas of Sindh and Punjab often migrate to these two hubs in search of jobs and a better lifestyle. As such, a massive influx of population has been witnessed in both cities, with Karachi being home to 16,051,521 and Lahore hosting 11,126,285 people as per the most recent population statistics (Census) of 2017.<\/p>\n\n\n\n
The Differences in Real Estate and Their Impact<\/h2>\n\n\n\n
With the rise in population, real estate in Lahore and Karachi is booming. New projects are also being developed at a rapid pace to cope with the demand. However, the differences in real estate options bring a dynamic change to the way people live their lives in the two cities.<\/p>\n\n\n\n
Apartments vs. Houses<\/h3>\n\n\n\nCitizens of Lahore Generally Prefer Houses in Comparison to Apartments<\/figcaption><\/figure>\n\n\n\n
The most significant impact of real estate in Lahore and Karachi is the preference of houses over apartments in Lahore. Owning your home from the ground up is preferred by Lahoris overall. As the city has developed at a slower pace, there was also an abundance of land to cater to this demand of the citizens.<\/p>\n\n\n\nHigh-Rise Construction is More Common in Karachi<\/figcaption><\/figure>\n\n\n\n
Karachites however, are often not even given the option of choosing a house over a flat as the city is so crowded that developers have no options other than building vertical projects that are often 15 to 20 storeys high or more. Those who wish to own a home in Karachi generally have to move a considerable distance away from the city centre to find the property they are looking for.<\/p>\n\n\n\n
So, while home ownership without a hectic commute can be a reality for those residing in Lahore, the same cannot be said for Karachites who have to travel to and from the highway every day to reach their workplace. When given the choice of owning a house with a longer commute in peak rush hours over buying an apartment with a shorter route, most residents choose the latter. There are also a number of other factors that Karachites consider<\/a> before buying a flat in the city. <\/p>\n\n\n\n
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![\"Houses](\"https:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2019\/04\/image-3-35-1024x640.jpg\")
![\"Buildings](\"https:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2019\/04\/image-2-34-1024x640.jpg\")
![\"2019](\"https:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2019\/04\/image-1-38-1024x640.jpg\")