Some Real Estate Investment Opportunities on University Road, Karachi

University Road, which extends from Jail Choragi to the Defense Square roundabout, is a key highway in lights. As a result, this road is home to tens of thousands of people and hundreds of real estate developments. This road also houses some of the city’s greatest higher education institutions, including NED University, Federal Urdu University of Arts, Science, and Technology (FUUAST), and the University of Karachi (KU). Furthermore, public transportation is available 24 hours, seven days a week. These characteristics add to the popularity and demand for University Road development projects among realtors and customers.

There are hundreds of opportunities to invest in Rudn Enclave.

City Tower and Shopping Mall

On University Road, City Tower and Shopping Mall is a new construction project with both residential and commercial units for sale. This project is close to the Rufi Shopping Mall and has good access to Gulistan-e-Jauhar and Federal B. Area. Residents will have better access to important amenities such as academic institutes (KU) and hospitals because of the project’s convenient location (DOW University Hospital). Take inspiration from Kingdom Valley. Zain Brothers, the project’s developers, have added amenities such as an air-conditioned shopping mall, advanced security systems, modern cinemas, a community centre, grocery stores, an underground parking garage, rooftop green space, children’s play spaces, and more. This apartment complex has luxurious units with 3, 4, and 5 bedrooms. The three-bedroom apartment costs between 4,250,000 and 4,500,000 Pakistani rupees. The price of a four-bedroom flat range from 4,550,000 to 6,200,000 Pakistani rupees. Finally, 5-bedroom flats range in price from 6,950,000 to 9,150,000 Pakistani rupees.

Burj-ul-Harmain

The Burj-Ul-Harmain is the road’s second most popular residential project. This apartment complex, part of Scheme 33, has roughly 19 stories and four towers and is located alongside the Saadi Road near Safoora Chowk. The Malir Cantonment Board has approved this project, roughly 10 minutes away from the University of Karachi. The Burj-Ul-Harmain provides residents with 24-hour security, uninterrupted power, enough parking, a children’s play area, jogging tracks, a well-equipped gym, a RO filtration system, and modern amenities such as a gaming zone, a library, a clubhouse, and an internet cafe. This apartment complex has flats with two bedrooms, three bedrooms, and even four bedrooms. Burj-ul-2-bedroom Harmain’s apartments cost around 8,696,000/- PKR, while the larger 3-bedroom apartments cost between 10,800,000/- PKR and 12,500,000/- PKR. Furthermore, four-bedroom flats range in price from 16,300,000 to 17,400,000 Pakistani rupees. The nicest aspect about investing in this project is that the flats can be acquired with a 30% down payment and the remainder paid over three years in monthly instalments.

Shahmir Residency

Shahmir Residency is one of the most well-known residential developments on Main University Road, and it is located in the beautiful Scheme 33 neighborhood. This project stands out among the city’s real estate developments due to its prime location. Parks and clean sidewalks, mosques, refuelling stations, and tight security are among the amenities provided by the housing development. Memon Hospital and Kiran Hospital are within walking distance of this gated enclave. The community’s numerous paths make it a walkable gated society, ensuring a safe living. This community provides residential plots and bungalows that are nearly finished and ready to move into. The bungalows can be reserved by paying a deposit and then paying the remaining balance in monthly or quarterly instalments. Shahmir Residency is the finest alternative for plots or houses on University Road. In this location, buyers can get 5 Marla properties for around 11,000,000/- PKR. Vacant 5 Marla residential plots are also available in Shahmir Residency, with prices ranging from 6,000,000/- PKR to 7,000,000/- PKR. Residential plots of 10 Marla are also available in this area, with prices ranging from 14,000,000/- PKR to 21,000,000/- PKR.

Prices in Silver City are affordable,

Conclusion

To minimize the epidemic’s economic impact, Pakistan’s government has lowered interest rates and introduced incentives for investors and businesspeople. It’s a stimulus plan for the construction industry that aims to provide jobs for daily wage employees while also boosting economic activity. Many Pakistanis and Pakistanis living abroad are investing in the real estate business, making it the country’s most successful sector at present. Because of the earnings and benefits, real estate investment is encouraged more than in any other sector.

Author Bio

Muhammad Zaeem Khan, a creative writer, ardent to compose fine writings. Having vast experience in writing blogs, articles, descriptions, and in reviewing scriptures. Currently, works as sr. content writer with Sigma Properties & Marketing.