Overview: Mai Kolachi Society is an upcoming residential area in Karachi. It is located off the Mai Kolachi bypass. The society is owned by Karachi Port trust and open to general public. Development work has recently started.
What's Nearby: Boat basin and PIDC flyover are both a 5 minute drive away.
Boundaries: KPT Flyover (north), Khaliq-uz-Zaman Road (east), Clifton (south) and Chinna Creek (west)
Total Area: 200 Acres approx
Available Plot Sizes (residential) Include: 400 sq.yds (320 plots approx), 600 sq.yds (235 plots) and 1000 sq.yds (144 plots approx)
Propose Amenities: Schools, Parks and several small commercial pockets located along the Mai Kolachi Bypass.
Purchase Price Ranges for Residential Plots: 400 sq.yds Rs 7.5-8 million, 600 sq.yds Rs 9.5-10 million; 1000 sq.yds Rs 12.5-17.5 million.
Prices of Commercial Plots: Rs 125,000-150,000 per square yard
This article is written by Muhammad Shafi Jakvani of Citi Associates (021-35639696,0321-8299101) in Dawn Karachi, Sunday, April 1,2012. Too good article not to share especially in Karachi where new good residential schemes offered after a long time