Karachi popular, Lahore and Islamabad fail to match

[zeetr]

Just dont vote them and some one has to fill this vacuum

but sorry to say people in the inner SINDH have been kept so illiterate they dont even know their basic rights...
all they know is PP n BB

 

[Zibago]

With the sky high prices of Isloo,s real estate i cant even dream of owning a house in Isloo

 

[Muhammad Omar]

With the sky high prices of Isloo,s real estate i cant even dream of owning a house in Isloo

there are few place where you can try Like new sector C-12 D-12 G-14 G-15 F-15 F16 E-16 G-16 and the societies close to Bahria town Side

 

[FaujHistorian]

Karachi popular, Lahore and Islamabad fail to match
By Shahram Haq
Published: November 1, 2015

PHOTO: AFP

LAHORE: The real estate market entered the fourth quarter smoothly, banking on the success of several popular property markets.

This followed a continuous rise in prices of real estate in major cities – Lahore, Karachi and Islamabad – in the third (July-September) quarter of 2015.

Why Lahore is better than Karachi today

Even though some projects of prominent developers did face a few impediments, this was not a reason enough to raise major concerns, according to a report released by zameen.com, an online property portal.

According to the report, Karachi’s realty market performed brilliantly. There was just one exception – Bahria Town Karachi – which posted unfavourable numbers as prices of 250 square yard plots fell 5.39%. Similarly, a drop of 3.85% was recorded in 500 square yard plots in the third quarter.

DHA Karachi and DHA City Karachi, on the other hand, did not disappoint and gave investors encouraging returns. DHA Karachi recorded a sharp 8.27% price gain for 500 square yard plots and an even sharper rise of 12.35% for 250 square yard plots.

DHA City Karachi registered increases of 16.60% and 11.65% in prices of the two categories respectively.

Five reasons why Karachi is better than Dubai

DHA Karachi once again emerged as the most expensive locality, where the average sale price of a 500-square-yard house stood at Rs60 million and that of a 250-square-yard home was Rs41 million.

Lahore market

The property market of Lahore saw a humble upward movement. Although many major localities continued to excite investors by registering good levels of growth, DHA Lahore remained merely stable in the one-kanal category with prices dropping a negligible 0.69%.

However in the 10-marla category, a sharp drop of 6.61% was registered in the third quarter, said the report.

There could be a variety of reasons behind this, including the imposition of withholding tax on banking transactions, a rise in taxes and the income source disclosure notices sent to investors. Most significantly, the take-off of DHA projects in Bahawalpur, Multan and Peshawar may have shifted investor focus.

10 reasons why we love Karachi

In contrast, Bahria Town and LDA Avenue-I performed well despite multiple pending litigations. Bahria Town depicted a sharp price rise of 14.57% for one-kanal plots and a 5.32% increase for 10-marla plots. LDA Avenue-I posted a 5.04% rise in the one-kanal category and 7.63% gain in the 10-marla category.

Islamabad market

The real estate market of Islamabad showed a mixed picture. Sector E-11 registered price increases of 3.33% and 1.69% and F-11 recorded rises of 2.22% and 3.73% for one-kanal and 10-marla categories respectively.

Bahria Town experienced a sharp 5.66% rise for one-kanal plots whereas prices of 10-marla plots remained stable, with a negligible drop of 0.76%. Activity in DHA Islamabad seemed listless this time around. The one-kanal category saw a 1.57% drop, while 10-marla plots recorded a 4.30% drop.

The status of DHA Valley and the intended development of Dadocha dam on its site remained controversial. Needless to say, investor confidence has taken a hit.

Karachi population to increase by 50% in 15 years

However, DHA Islamabad has recently announced plans to allot alternative plots to those affected by the DHA Valley problems, so things could start to look better soon.

Predictably, Sector F-11 remained one of the most expensive localities, where the average price of a one-kanal house stood around Rs69 million and that of a 10-marla house was around Rs36 million.

Published in The Express Tribune, November 1st, 2015.

Yay!

Mera Shehr Karachi

Sub say Acha.

p.s. Now that MQM and PPP + Islamist goons are in hiding or dead. Lights are slowly returning.

Pak fouj and Rangers. Zinda-baad.

but sorry to say people in the inner SINDH have been kept so illiterate they dont even know their basic rights...
all they know is PP n BB

Literacy has nothing to do with blind followers.

So many here in Karachi are blind followers of Tafu mota. Knowing full well his murderous and corrupt character.

karachi is a dump
lahore is going to the top city of pakistan.

Bahi

No need to say things like that.

We want Lahore to be a shiny city too.

but Karachi being a port city will have its own rightful place.

Number 1 or Two thingy doesn't matter.

We are all sons of the same soil.

Thank you

 

[Zibago]

there are few place where you can try Like new sector C-12 D-12 G-14 G-15 F-15 F16 E-16 G-16 and the societies close to Bahria town Side

Bhai i am only 21 mein 15 saal baad kay waqt ki baat kar raha hoan

 

[Pandora]

Visit F-6 and F-7 where One Kanal House cost more then 10 million

You are underestimating the value by miles.

 

[volatile]

but sorry to say people in the inner SINDH have been kept so illiterate they dont even know their basic rights...
all they know is PP n BB

No offense MQM rules all cities what you have to say about this

 

[Genghis khan1]

Islamabad is 2nd from Top to be most beautiful capital in the world. One of the expensive city to live in Asia. Haven't been to Lahore in a while but Karachi is a over crowded dumpster without any law and order or no working traffic signals.
Top 10 Most Beautiful Capitals In The World - Top Ten Lists

 

[zeetr]

lahore can be compared to any international city after the construction of orange line(metro)
well maintained unlike others and clean now i have been seeing that they gather all the dust on the road and pack it into a bag thn at night the truck comes and collect.
but those rikshas n bikes have to be reduced

 

[Muhammad Omar]

You are underestimating the value by miles.

i said i missed a 0 there it's more then 100 million per Kanal