As Pakistan’s real estate market continues to expand into new areas and emerging cities, some things remain constant. One of those things is the importance of the nation’s top three cities, Karachi, Lahore, and Islamabad.
At Berq Properties, we are constantly providing tips and updated information for these three powerhouse cities. Today, we have compiled a list of recommended new areas to invest, based on the advice of our substantial network of real estate agents.
Bahria Town: Farm Houses
Bahria Town is one of Pakistan’s favorite development companies. They are known for their dedication to affordability, quality, and impeccable infrastructure. Located in eastern Karachi, newly built farmhouses for sale in Bahria Town are now available and make a great investment and permanent residence.
Fazaia Housing Scheme
The upcoming Fazaia Housing Scheme is located on the Northern Bypass of the Karachi Super Highway, just 20 minutes from the Jinnah International Airport. It has several types of apartments, including an overseas block, and has flexible payment options. Its facilities include banks, a fire brigade, mosques, hospitals and much more.
DHA Phase 7
Defence Housing Authority (DHA) is another Pakistan favorite. Recently, DHA Lahore has acquired the village of Rakh Dera Chahal, which will be a part of DHA Phase 7. Possession of new houses will start soon.
DHA Phase 4
DHA’s new Gold Crest Apartment project in DHA Phase 4, Lahore has new apartments available for easy payment in installments. Several types of apartments, from studios to three-bedrooms, can be pre-ordered with a 20 percent down payment and eight subsequent payments of 10 percent. Its facilities include ample car parking, a ground floor shopping mall, mosques and more.
DHA Phase 5
Penta Square in DHA Phase 5 is one of DHA’s newest projects. Officially, booking opens on December 31, 2015. The new complex features luxury one, two and three-bedroom apartments. Its facilities include solar power generators, 24/7 security, medical support and backup power as well as a gymnasium and shopping center.
Mall of Islamabad
Bahria Town, as mentioned above, is a perennial favorite in Pakistan, and the capital city is no exception. The ambitious Mall of Islamabad features one, two and three-bedroom apartments in the popular Sector F-11, with schools, mosques, restaurants, and commercial centers built into the complex. Apartments will be available for purchase with a 14 percent down payment and an easy three-year installment plan.