Looking to buy Houses for Sale in Federal B Area? Here is what you should know.
Why is buying a House for Sale in Federal B Area a ‘smart choice’?
Dating back to the 1950s, Federal B Area holds the mantle of being one of the oldest housing areas of Karachi. The Federal Capital Area (FC Area) was reserved by the government, when Karachi was the country’s capital, to cater the influx of civil servants hailing from across the nation. Residential units built in the surroundings of this area were more commonly known as the Federal B Area or FB Area. The Federal B Area has been renamed twice – to Manusra and during Pervez Musharraf’s tenure, to Gulberg Town – but remains widely recognised as the FB Area. It is divided into 8 union councils, – Azizabad, Karimabad, Aisha Manzil, Ancholi, Naseerabad, Yaseenabad, Water Pump and Shafiq Mill Colony. This closely-knit housing neighbourhood offers a complete community living for dwellers and investors alike. It is equipped with wide streets and old houses that highlight the old days of Karachi.
What types of Houses for Sale in Federal B Area?
Federal B Area is divided into 21 blocks – 20 residential and one industrial area. Additionally, one of the famous landmarks of Karachi, Mukka Chowk, can also be seen at the intersection of Block 8 and Block 9. There are several types of houses available for sale in Federal B Area, offering both, single-unit and double-unit houses for sale. There are a number of 80, 120, 240, 400, 500 and 1,000 sq yd houses up for sale available at reasonable prices.
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Types of Houses Available for Sale in Federal B Area
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80 sq yd
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120 sq yd
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240 sq yd
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400 sq yd
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500 sq yd
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1,000 sq yd
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Sale Price Trend for Houses for Sale in Federal B Area
Federal B Area is a luxurious and comfortable area, where various housing societies have also been established to facilitate the general public. The overall price of houses for sale in Federal B Area is between PKR 52 lakh to PKR 22.02 crore. The price for a 80 sq yd House available for sale in Federal B Area is between PKR 75 lakh and PKR 1.35 crore. A 120 sq yd house for sale in Federal B Area can be found in the range of PKR 1.05 crore to PKR 3.5 crore, while the sale price of a 240 sq yd House available for sale in the area starts from PKR 2 crore and goes up to PKR 4.15 crore. The rates for 400 sq yd houses for sale range from PKR 4 crore to PKR 7.5 crore. The 500 sq yd Houses for sale in Federal B Area will cost you from around PKR 3.5 crore to PKR 8.5 crore. Additionally, the price range for the 1,000 sq yd house available for sale in the FB area is between PKR 10 crore and PKR 22.02 crore.
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Sale Price Trend for Houses for Sale in Federal B Area
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80 sq yd
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PKR 75 lakh – PKR 1.35 crore
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120 sq yd
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PKR 1.05 crore – PKR 3.5 crore
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240 sq yd
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PKR 2 crore – PKR 4.15 crore
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400 sq yd
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PKR 4 crore – PKR 7.5 crore
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500 sq yd
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PKR 3.5 crore – PKR 8.5 crore
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1000 sq yd
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PKR 10 crore – PKR 22.02 crore
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It is pertinent to mention here that features such as proximity to the main road, being a corner house, or a park-facing property can cause a fluctuation in the prices – usually a hike.
Reasons to Buy a House for Sale in Federal B Area – Facilities & Security
Enjoying its central location, the Federal B Area is surrounded by North Nazimabad, Buffer Zone and Liaquatabad. The University of Karachi – one of the oldest universities in Pakistan – is only 19 minutes away, while the Dolmen Mall-Hyderi is just a 13-minutes’ drive away. Many political events are often organised in this area. It also faces frequent traffic jams. A number of popular old markets are also situated in this neighbourhood — it is always buzzing with activity, especially on weekends. All in all, Federal B Area is a great place to explore options for buying a house for sale here, as the area highlights the ‘true spirit of traditional Pakistani neighbourhood’ – a major plus point for people choosing it as their new abode.