Investing in real estate is a prudent choice due to its stability, appreciation potential, and ability to generate cash flow through rental income.
Karachi, the city of light and the vibrant heart of Pakistan, is set to reshape its skyline and economic landscape with upcoming skyscrapers. Providing a golden opportunity for investors looking to capitalize on the city's growth and development.
In this blog, we will unveil the opulence of these developments, offering a sneak peek into the evolving skyline of this vibrant city, we will also discuss, why these upcoming projects are a golden opportunity to invest.
Advantages of investing in under construction properties:
Early Appreciation:
-Investing in a project during its early stages often means lower initial prices
-As the project progresses and demand increases, the property's value can appreciate significantly
Choice of Prime Units:
-Being an early investor allows you to have a broader selection of units, including prime locations or those with unique features
-This can contribute to better long-term value and potential resale benefits
Modern Amenities:
-Upcoming projects typically incorporate the latest design trends and amenities
Investing in such developments ensures that your property is equipped with modern features, -making it more attractive to potential tenants or buyers.
Capital Growth Potential:
-As the surrounding area develops and improves, the value of your investment may increase
-Upcoming projects often contribute to the overall development of the neighbourhood, positively impacting property values
Payment Plan Flexibility:
-Upcoming projects offer a unique and easy method of payment which consists of a booking amount and then monthly or quarterly instalments depending on the payment structure
-This offers payment flexibility & eases the burden of making a lump sum payment
Reduced Maintenance Costs:
-Newer properties typically require less maintenance in the initial years, reducing the likelihood of unexpected repair costs
-This can contribute to a more stable and predictable investment. This can contribute to a more stable and predictable investment
While Keeping the above advantages in consideration, hopefully there are some upcoming projects, where you can invest and enjoy the above mentioned perks.
Here is the list of some suggested upcoming luxury apartment projects within Karachi:
Saima Waterfront:
-Saima Waterfront is 40-storey luxurious residential development of iconic significance coming up right in front of the Arabian Sea at DHA Phase 8, Karachi
-Saima Waterfront offers 1 to 4 bedrooms, to cater to your unique needs with almost every conceivable amenity of the modern era
-This project is being developed by Saima Group, a well-established developer with a proven track record of delivering many quality projects across the city
-For more details about Saima Waterfront, click here.
Emaar Panorama:
-Panorama is the upcoming project of Emaar, a globally well-known name for delivering iconic projects, like Burj Khalifa
-Expanding into Pakistan, Emaar is developing the Karachi Oceanfront which is going to consist of several skyscrapers
-Some of these skyscrapers - Coral Towers, Reef Towers and Pearl Towers have been delivered
-Panorama is a 45-story high luxurious development strategically located in the heart of DHA Ph 8
-Panorama offers 1, 2, 3 and 4 bed apartments
-The expected completion of Panorama is December 2024
-For more details about Emaar Panorama, click here.
Emaar The Views:
-Emaar The Views is another upcoming project of Emaar
-It is a scenic gated community along the shore, offering residents uninterrupted, eye-catching views of calm water of the Arabian sea
-The Views showcases stylish and contemporary 1,2,3 and 4 bedroom apartments
-The Views will consist of 2 towers
The Views Tower 1
The Views Tower 2
-The expected completion date of The Views is 2025
-For more details about Emaar The Views click here
Otel Residency:
-Otel Residency, a 25-story high upcoming luxury project, located adjacent to KPT interchange opposite DHA Phase 7 Extension
-It is centrally situated and accessible from Shaheed-e-Millat expressway, Korangi Road and Khayaban-e-Ittehad
-Location is highly accessible and is close to educational institutions, hospitals, mosques and commercial areas, makes it a premium location
-Otel Residency is offering 3 & 4 beds luxury apartments
-The expected completion of this project is 2028
-For more details about Otel Residency, click here
Calachi Icon
-Calachi Icon is another 25-story high upcoming luxury project, located in Callachi Co-operative Housing Society Block 10 A Gulshan-e-Iqbal, Karachi
-Gulshan-e-Iqbal is Known for being the “Heart of Karachi” because it is easily accessible to all important landmarks, routes, and other areas including National Stadium of Pakistan and Expo Center Karachi
-Calachi Icon is offering 4 & 5 beds luxury apartments
-The expected completion of this project is 2029
-For more details about Calachi Icon, click here
Airport Residency
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