Karachi is arguably the best place to invest in or buy land in Pakistan. The property values here are higher than anywhere else in the country. Still property here can be relatively inexpensive to purchase. The price of residential plots in Karachi varies by neighborhood and by development. There are many neighborhoods and developments in the city such as Defense Housing Authority and Bahria Town.
These developers are currently looking to expand into areas of Karachi that have not traditionally been residential areas. This expansion is the result of the saturation of the more established areas of the the city like Lyari Town Saddar Town and Clifton Cantonment. Areas like Korangi Town Landhi Town Faisal Cantonment and Malir Cantonment are increasingly being sought after for new residential plots of land to build much needed houses and apartments.
The economy of the city is ever growing and a wealthier and more property-conscious population is the result of this growth. There is an increased interest in property ownership which makes residential land more and more valuable every day. Residential land is a basic need of developers and makes for a very lucrative investment in Karachi.
Residential plots for sale in Karachi are some of the most valuable plots of land in the entire country as mentioned above. The reason for this is obvious. It is not only one of the busiest and economically healthy cities in the country but it is also a center of culture and international exchange. It is the home of the Pak American Cultural Center the British International School and the Al-Huda International Islamic Institute.The city's international and multicultural character adds an additional value to the real estate market which is already very high.