Looking to buy a House for sale in Shah Latif Town? Here is what you should know.
Why buy a House for sale in Shah Latif Town?
The developers of Shah Latif Town — Malir Development Authority (MDA) — had focused on bringing the best possible facilities and amenities to the middle-income sector of the societies. As a result, the town’s construction and development was planned as such to facilitate the dwellers with affordable housing solutions. Moreover, reports also suggest that this initiative has accommodated around a million people, who have flocked to Shah Latif Town in search of better future prospects and a safer investment. Buying a house for sale in Shah latif Town enables you to take advantage of such individuals and relocating families for investment purposes.
What are the types of houses for sale in Shah Latif Town?
Shah Latif town is divided into two developing sectors — 16 & 17, which are further divided into Blocks A and B. You can easily find houses for sale in Shah Latif Town of sizes 60 sq yds, 80 sq yds, 100 sq yds, 120 sq yds, and 125 sq yds. However, the concept of vertical housing solutions (apartments and flats) has not really caught up here but is, nonetheless, increasing steadily.
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Types of Houses for Sale in Shah Latif Town
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60 sq yds
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80 sq yds
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100 sq yds
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120 sq yds
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125 sq yds
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What is the Sales Price Trend of Houses in Shah Latif Town?
The initial aim of the developers of Shah Latif Town was to come up with a residential community that provides sustainable and affordable housing solutions. The locality enjoys a prime location near the National Highway (N5), and the Mehran Highway. It also connects to the famous Port Qasim and other commercial industries in and around its vicinity — convenient for those in search of better work opportunities. The sales price trend for houses in Shah Latif Town varies owing to several reasons including location (main road, service road, park-facing, and corner). Moreover, the proximity to day-to-day facilities, amenities, and developed areas of the city usually generates a spike in prices.
You can find a 60 sq yds house for sale in Shah Latif Town between the price bracket of PKR 21 lakh and PKR 50 lakh. For houses of area size 80 sq yds, the price falls within PKR 22 lakh and PKR 90 lakh. The price for 100 sq yds houses for sale in Shah Latif Town falls between PKR 50 lakh and PKR 60 lakh. The larger 120 sq yds houses for sale in Shah Latif Town costs between a price range of PKR 35 lakh and PKR 1.8 crore.
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Sales Price Trend of Houses in Shah Latif Town
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60 sq yds
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PKR 21 lakh — PKR 50 lakh
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80 sq yds
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PKR 22 lakh — PKR 90 lakh
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100 sq yds
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PKR 50 lakh — PKR 60 lakh
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120 sq yds
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PKR 35 lakh — PKR 1.8 crore
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Why invest in houses for sale in Shah Latif Town?
Investing in houses for sale in Shah Latif Town enables you to take advantage of people flocking into the housing community in search of affordable housing solutions, as well as those relocating in search of better work opportunities. The reason for this is Shah Latif Town’s prime locality. It neighbours the biggest commercial hub of Karachi — Port Qasim, and the city’s biggest industrial area — Korangi. Regardless of the fact that Shah Latif Town is still undergoing development, several day-to-day necessities and facilities are readily available to facilitate the daily requirements of the society’s residents.