Tuesday 18 September 2012

Karachi real estate sector is on a rise


Karachi is the largest city and economic hub of Pakistan. It is situated right on the shore of the Arabian Sea. The main reason of calling it a business hub is because of the sea port from which Pakistan earns a lot of finance.  All the multinational companies and banks have their head offices in Karachi from where all their activities and operations are controlled. Karachi is also called “The City of Lights” and the people of the city are warm welcoming and softhearted.  The city is also known as ”The City of Quaid” because Quaid-e-Azam Muhammad Ali Jinnah was born there and his tomb is also situated in Karachi.
Karachi is a city where the blend of modernity and cultural heritage is depicted through the lifestyle of Karachiites. The people from across Pakistan and from other countries come to the city for business and to invest in its potential property market. Like it’s all other businesses Karachi real estate sector is flourishing day by day. The people around Pakistan and the locals have shown their interest to buy houses, flats and plots for sale in Karachi to multiply their cash reserves in this time to invest. The city is under restructuring phase due to which there is a lot of new construction projects under progress.
The city is redesigned by the top residential developers for the comfort and luxury of the Karachiites as well as for the expats. The most prominent residential societies of Karachi that gets the credit of redeveloping Karachi are DHA City Karachi and Garden city. These societies are modified and upgraded according to the current living standards of the people of Karachi. These societies offer safety, luxury and comfort to the people and have generated immense investment opportunities. With these opportunities, the city is spreading its wings to rise up in Pakistan Real Estate sector.

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