Sunday, January 13, 2013

Commercial Property in Eastern Karachi For Five to 10 million Rupees

There are several popular commercial hubs n the east side of Karachi, Pakistan that provide a variety of commercial property options such as office space, retail outlets, showrooms and standalone shops. The demad for, and value of, commercial property that has increased by nearly 15 to 20% in the last three years.

Here are three areas where commercial property is in high demad and is available within a price tange of five to 10 million rupees:

1. Gulshan-e-Iqbal comprises several blocks and has numerous commercial pockets. Shops, offices and showrooms are located in malls and low-rise beauty salons, eateries, home stores, retail outlets and wedding halls.
popular commercial areas include those located on: Rashid minhas Road and University Road.
Outlet sizes range between: 100 and 600 square feet.
2. mohammad Ali Society is located a few minutes away from Sharah-e- Faisal. Most retail and office spaces there can be found in low-rise buildings; over the years several eateries have been established there.
Popular commercial areas include: Dhoraji Market and those located on Karsaz Road and Tipu Sultan Road.
Outlet size range between: 100 and 600 square feet.
Price range: Rs. 15,000-100,000 per square foot.
3. Tariq Road and its adjucent areas are popular shopping destinations; the area comprises traditional bazaars, shopping centres and malls. Fabric stores, tailors, jewlers, shoe shops and automobile workshops dominate. There are also plenty of eateries ranging from restaurants to raodside dhaabas.
popular commercial areas include: Bahadurabad, Sharfabad, Sindhi Muslim Socienty and those located on Khalid Bin Waleed Road, Shaheed-e-Millat Road and Tariq Road.
Outlet Sizes range between: 100 and 600 square feet.
Price Range: Rs. 15,000-100,000 per square foot.