As the largest metropolitan city continues to sprawl and expands in all directions, more and more people move towards this port city to pursue a better life.
From low-costing housing schemes to posh localities, the real estate market continues to grow and offers a very interesting mixture of properties, curtailing everyone from the low-income group to the elite class.
As Karachi becomes one of the most expensive cities in Pakistan to live in, it becomes extremely difficult to get a property when you are tight on a budget.
The majority of people prefer to own a house in the city instead of renting out because this saves them from the monthly expenditure which at times becomes a huge chunk taken out of their income.
Another reason to get hold of a property in Karachi is that the property in Karachi is termed gold. The value continues to grow and in some areas, it has multiplied 4 fold as compared to the initial investment made by the property owners.
Therefore, if you are planning to get a decent house for your family in Karachi that too on a tight budget, then this blog is definitely for you! Read along to find out more:
Hunting Low-Cost Houses for Sale in Karachi
When you have a tight budget, the options automatically reduce. You may find a 125 sq yd house on a tight budget, but anything above this size would go out of your budget.
You need to cleverly plan your outcome so that you can enjoy a comfortable life with your family.
An important thing to note here is that the main city areas are too expensive for you to get hold of a house of your dreams, therefore a house on a tight budget can be found in the suburb areas of the city or the newer societies being constructed on the outskirts of Karachi.
Once it is established that you will be searching the far-fetched areas, then you need to check out the newest developed societies such as DHA City and Bahria Town Karachi. You can easily find a house on a tight budget in these newly formulated societies.
You can easily get possession of your home after paying 50 to 70% of the total cost.
Another bright aspect of the properties in these societies is that you can quickly get these properties on installment plans. There are other options available as well such as home financing schemes by commercial banks etc.
You can get an installment plan of up to 20 years as per your requirement.
Conclusion
Get yourself a low-priced house in one of these far-fetched societies now. These are newly developed localities and the construction quality is well maintained as well.
If you want to have a modern-themed house that has all the luxuries attached then Bahria Town Karachi or DHA City should be your number one choice! Get this hot-selling property now before it’s too late!
Also Read: An Investment Guide To Bahria Town Karachi