160-yard house for sale in Kokan Society, Karachi, with a demand of 12 Crore Kokan Society

Description

160-yard house for sale in Kokan Society, Karachi, with a demand of 12 Crore PKR. Based on real estate listings in the Kokan Society and surrounding Gulshan-e-Iqbal Town area, the price of PKR 12 Crore for a house with the specified features appears to be within the typical high-end market range for a complete house in that desirable location. Property Details & Market Context The house description indicates a substantial and valuable property: a 160 sq. yard plot with a ground-plus-two (G+2) structure, featuring three separate portions, each with 3 bedrooms, attached bathrooms, drawing room, kitchen, and lounge. This configuration likely totals 9 bedrooms, which is extensive for the plot size, maximizing its utility, potentially as an investment property with multiple rental units. Market analysis shows a wide range of property prices in the area, depending on size, condition (brand new vs. old construction), and exact location (e.g., proximity to Alamgir Masjid or main roads). Portions/Flats: Individual 160 sq. yard portions or flats in the area generally list for significantly less, ranging from approximately PKR 2.2 Crore to PKR 3.5 Crore. Bungalows/Houses: Complete, independent houses or bungalows, especially those that are double-story or ground-plus-two, command much higher prices. A 160 sq. yard house with 9 bedrooms was listed for PKR 11.5 Crore in a recent listing, which is very close to the user's mentioned demand. Other larger properties (400-500 sq. yards) in the wider Gulshan-e-Iqbal area can reach up to PKR 13 Crore or more. Conclusion on Demand The demand of PKR 12 Crore seems like a reasonable asking price for a full, multi-portion, G+2 house of 160 sq. yards in a prime location like Kokan Society, especially if the construction is modern or well-maintained.

Amenities

Map

Kokan Society, Gulshan-e-Iqbal Town