Karachi is called the Metropolitan city of Pakistan, and it is growing its real estate market day by day. Moreover, it is one of the most expensive cities in Pakistan. Therefore, many people save their monthly income to buy a low-cost house in Karachi. Also, the property prices are increasing, which enhances the investment opportunities.
Furthermore, the city of the lights also has many options to live like low-cost villas in Bahria Town Karachi. These are affordable and elegantly designed villas that give you comfort. Many of us want to buy a low-cost house that ensures the living standard, but they don’t have any information. So, I will tell you about the places you can buy in Karachi within a limited budget. So, what are you looking for:
- House for sale in Karachi low price
- Urgent house for sale in Karachi
- House for sale in North Karachi
- Tiny houses for sale
- House for sale in 10 Lac
However, in this article, all of your questions will solve.
1. Factors To Consider Before Buying Any Property
- Property Size
- Searching
- Government Subsidies
Property Size
Moreover, property prices in Karachi will touch the sky that it is not enough to buy a 50 Lac house with full amenities of life. Furthermore, the PKR 50 lac is only enough that give you a few best property options. Although, you may quickly locate 125 sq yard (5 marlas) homes or even smaller properties on such a tight budget. However, anything more significant than that would most likely be out of your price range.
However, even a 125-square-foot house may be smartly designed these days to provide adequate space for you and your family to live comfortably. Additionally, if you are short on room in Karachi, certain societies may enable you to build additional floors. Finally, it’s worth noting that homes in the city center are pretty costly. Therefore, you’ll only discover inexpensive houses in Karachi in the suburbs and surrounding locations.
Searching
You may also browse for houses for sale in Karachi on a limited budget in newly-developed societies like Bahria Town and DHA City. More significant properties, which offer easy installments, can also be purchased here. After paying at least 50-70 %, you may claim ownership of your new property.
The majority of these homes offer payment options of up to three years. On the other hand, you may invest in these residences using home financing options offered by several commercial banks. Depending on your needs, their payment plans might last up to 20 years.
The low-cost houses in Karachi’s many other communities, on the other hand, are incredibly well-built. Moreover, most residential units are little villas that provide all modern conveniences. For example, for 125 sq yd residences in Bahria Town and DHA City, Prices range from less than a crore to more than three crores.
Government Subsidies
It is now simpler than ever to invest in property in Karachi, thanks to a plethora of low-cost housing alternatives and home finance programs. However, you can apply for the ‘Apna Ghar Sasta Karz’ plan, which was recently implemented by the Pakistani government, if you are short of paying total payments.
Although, the State Bank of Pakistan has collaborated with several commercial banks to effectively introduce this initiative across the country. The ‘Mera Pakistan Mera Ghar’ program is another name for it. If you are interested, you may quickly contact your closest bank office.
2. Low Price House for Sale in Karachi
- 120 Square Yard Villa For Sale
- 4 Bedroom House On Easy Installment
- Brand New Single Storey House For Sale
- Ground Plus One House Available For Sale
- Ghazi Villas Sector 1 A-4 Demolish Condition House
1. 120 Square Yard Villa For Sale
- Type: House
- Price: PKR 40 Lakh
- Area: 120 Sq. Yd.
- Finance Period: 20 years
- Down Payment: 30%
- Monthly Payment: 28 thousand
- Location: Super Highway, Karachi
2. 4 Bedroom House On Easy Installment
- Type: House
- Price: PKR 40 Lakh
- Area: 125 Sq. Yd.
- Finance Period: 20 years
- Down Payment: 30%
- Monthly Payment: 28 thousand
- Location: Precinct 27, Bahria Town Karachi
3. Brand New Single Storey House For Sale
- Type: House
- Price: PKR 30 Lakh
- Area:70 Sq. Yd.
- Finance Period: 20 years
- Down Payment: 30%
- Monthly Payment: 21 thousand
- Location: Surjani Town, Gadap Town, Karachi
4. Ground Plus One House Available For Sale
- Type: House
- Price: PKR 50 Lakh
- Area: 61 Sq. Yd.
- Finance Period: 20 years
- Down Payment: 30%
- Monthly Payment: 35 thousand
- Location: Sector 31-C1, KDA Employees Society – Korangi, Karachi
5. Ghazi Villas Sector 1 A-4 Demolish Condition House
- Type: House
- Price: PKR 40 Lakh
- Area: 120 Sq. Yd.
- Finance Period: 20 years
- Down Payment: 30%
- Monthly Payment: 28 thousand
- Location: North Karachi
3. How Can SamLands Help You Buy A House Within Your Budget?
To create a marketplace based on information transparency, we want to connect consumers with the best team of professionals and realtors to provide a comprehensive one-stop solution in the real estate market that allows consumers to be in charge of their investments.
Final Thoughts
So, what could be more appealing than purchasing a lovely, big house in Bahria Town Karachi at a fair price? Buying one of these properties is a no-brainer because it comes with so many residential and investment perks.
Hence, after reading this post, I hope you will find it easier to identify low-cost houses for sale in Karachi and make an informed investment selection based on your financial situation and requirements.