Pakistan's financial and commercial core is found in the city of Karachi. It is the home of the largest stock exchange in the country the Karachi Stock Exchange. It is also the largest city in terms of population. The popularity of the city is evidenced by its constantly growing population adding close to a million new residents per year.
This popularity makes it an ideal place to live as well as do business. Living in Karachi provides residents with access to numerous amenities such as mosques schools universities and entertainment. As the population grows the city requires more and more of these amenities as well as more real estate.
In order to do business in some of the more congested areas of Karachi such as Saddar Town and Jamshed Town companies need to acquire pre-existing structures like offices and warehouses for their operations. However as the market for these properties becomes saturated new structures must be built to meet demand.
The need to meet demand for commercial properties in Karachi can be satisfied by building on commercial plots. Therefore landowners in possession of commercial land are in a very profitable position.
There are many viable business sectors in Karachi. The Information and Communications Technology (ICT) sector is growing rapidly as is the electronic media sector. Many of the best locations in Karachi to find a commercial plot for sale can be found near the following streets:
Ibrahim Ismail Chundrigar Road - known as the > Wall Street > ï¿½ of Pakistan this is the center of Karachi's banking and financial sectors. It is home to the State Bank of Pakistan Pakistan's central bank. The offices of the Daily Times and CNBC Pakistan are also located on this road.
Shahrah-e-Faisal - a major road in Karachi that has been becoming a center of trade and commerce in recent years. Only minutes away from the Jinnah International Airport Shahrah-e-Faisal has many shops hotels and rail stations not to mention banks. Additionally there are many schools and residential areas.
Other notable areas and roads that are quickly becoming more commercial are MT Khan Road and Mai Kolachi Road and the Clifton and Defence areas of the city.