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PECHSOverview: Located near Tariq Road, Block I, PECHS, is a well-known residential area that was established in the 1970s. Property prices there increase by five to 10% every year; property is in high demand.

What is nearby: Mr Jinnah’s mausoleum and Tariq Road are a five-minute drive away.

Boundaries: New MA Jinnah Road (north), Dadabhoy Nauroji Road (east), Kashmir Road (south), and Shahrah-e-Quaideen (west).

Total area: Approximately 200 acres.

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

Available amenities include: Banks, a commercial area, mosques and schools.

Nearby recreational avenues include: Dolmen Shopping Mall and KDA Officer’s Club.

Nearby eateries include: Eaton, KFC, Nando’s and Red Apple.

The prices of residential property in Block I, PECHS (in rupees) are as follows.

Plot sizes (sq yds)       Purchase price ranges           Monthly rental ranges
120                                15-17 million                           20,000-28,000
300                                16-20 million                           30,000-38,000

– Uzma Nawaz
Information provided by Uzma Nawaz, Karachi.

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

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