Tags

, , , , , , , , , , , , , , , ,


Overview:
Sea View Road runs parallel to the Arabian Sea and is one of Karachi’s most popular recreational spots. Residential property options include apartments, houses and townhouses. Property is in high demand and prices have increased by 15 to 30% in the last 18 months. 

What is nearby: Badar Commercial Area and Tauheed Commercial Area are a five- and 10-minute drive away respectively.

Boundaries: Khayaban-e-Shamsheer (north), 26th Street (east), Khayaban-e-Ittehad (south) and Arabian Sea (west).

Available plot sizes: Houses – 300, 500 and 1,000 square yards; townhouses – 250 square yards.

Covered area of apartments: 1,300, 1,800, 2,000 and 2,800 square feet.

Available utilities include: Electricity, gas, sewerage, telephones and water.

Available amenities include: Banks, commercial areas, eateries, mosques and parks.

Nearby recreational avenues include: The beach, a cinema, gyms, restaurants and spas.

Eateries include: Bundu Khan, Café Zouk, KFC,
McDonald’s, Pizza Hut, Salt n’ Pepper Village Restaurant.

The prices of residential property near Sea View Road (in rupees) are as follows:

Apartments
Covered area     Purchase                Monthly
(sq ft)                  price ranges          rental ranges
1,300                   5-7.5 million           25,000-35,000
1,800                   6.5-10 million         35,000-45,000
2,200                   8.5-15 million         40,000-60,000
2,800                   10-20 million          45,000-70,000

Houses
Plot sizes            Purchase                Monthly
(sq yds)              price ranges          rental ranges
300                      18-22 million          60,000-70,000
500                      25-38 million          75,000-100,000
1,000                   45-60 million          120,000-250,000

Townhouses
Plot sizes            Purchase                Monthly
(sq yds)               price range            rental range
250                      15-25 million          70,000-120,000

– Uzma Nawaz

Information provided by Citi Associates, Karachi.

First published in the Real Estate Section of The DAWN National Weekend Advertiser on April 14, 2013.

 

Advertisements