• DHA, Clifton residential plots up 25-50pc; Industrial plots surge 25-75pc
• Industrial funding in Karachi stays weak; Traders shifting to Nooriabad, Jhampir
KARACHI: Property costs in Karachi have elevated over the previous two years, however the positive factors have lagged behind the sudden returns in equities and gold.
Traders have been drawn to bullion amid world uncertainty, together with market swings linked to US President Donald Trump’s shifting stance on tariffs and threats of army motion in opposition to varied nations.
Pakistan’s inventory market has additionally posted robust positive factors over the previous two years, repeatedly setting new highs amid political and financial developments, decrease rates of interest and investor reluctance to carry US {dollars}.
One tola gold on Jan 1, 2024, was obtainable at Rs219,700 as in comparison with the present value of Rs526,962 on Saturday, reversing from a document peak of Rs572,862 on Jan 29, 2026.
On Feb 13, the KSE-100 Index closed at 179,603.73 factors, nearly 3 times larger than its degree of 64,661.78 factors on Jan 1, 2024.
Muhammad Shafi Jhakvani, vice chairman of the Protection and Clifton Affiliation of Actual Property Brokers (DEFCLAREA), stated the costs of DHA and Clifton residential plots have elevated by 25-50 % in several blocks and phases within the final two years adopted by 25-75 % in business plots.
Condominium costs have risen by 10-40pc. For instance, the value of a three-bedroom condominium in neighborhood of Clifton like Tub Island and Civil Strains, which was obtainable at Rs 55-60 million in 2023-24, have now touched Rs75-80m and even larger in some initiatives.
Equally in DHA, the 1,500 sq. toes condominium’s value was Rs20,000 per sq ft (Rs30-32m), and is now round Rs28,000-30,000 per sq ft (Rs40-45m).
The costs of 500- and 1000-square-yard bungalows have additionally gone up by 10-25pc. Usually in Pakistan and in Karachi, rental returns are 0.25pc per 30 days and 3-4pc each year. In residential properties, it additionally will increase based on value hike and in some smaller items, it rises greater than that due to scarcity of rental inventories, he stated.
“Bungalow hire additionally soars based on rising costs however parts are in excessive demand due to once more scarcity of stock,” stated Mr. Shafi.
He stated traders are energetic in Clifton business plots as huge plots and costs have change into costlier drastically within the final two years. In DHA Section 8, the value has surged as traders have been very energetic since 2024.
He anticipated new benchmarks in 2026, notably in Section 8 for each residential and business properties.
Abdul Wahab Parekh, proprietor of Parekh Property, stated new 500-yard and 1,000-yard bungalows have been more and more being constructed as ground-plus-one items, typically with swimming swimming pools within the basement. A 500-yard ground-plus-one bungalow now prices Rs100-250m, relying on location, in contrast with Rs80-160m two years in the past.
A 1,000-yard ground-plus-one bungalow in DHA prices Rs130-450m, relying on the part, in contrast with Rs110-350m two years in the past, he stated. Flat costs in varied DHA phases have been now round Rs20,000-35,000 per sq. foot in comparison with Rs15,000-20,000 two years in the past.
In Clifton, he stated, a three-bedroom condominium (outdated or new) prices Rs25-50m, in contrast with Rs20-40m beforehand.
Mr Parekh stated business plot costs had additionally elevated. In PECHS and on Sharea Faisal (left facet in the direction of the airport), business plots have been priced at Rs1.5-2m per sq. yard, in contrast with Rs1-1.2m earlier. On the best facet, they ranged from Rs1m to Rs1.5m in comparison with Rs700,000 to Rs1.2m.
On Shaheed-i-Millat Street, he stated, business plots have been round Rs1.5m per sq. yard, up from Rs800,000 to Rs1m two years in the past. He described II Chundrigar Street as a gradual market, with charges pegged at Rs400,000 per sq. foot.
On the commercial facet, Mr Parekh stated no main new funding had arrived in Karachi within the final 50 years, with many house owners dividing premises and land for non-industrial makes use of.
Traders have been shifting in the direction of Nooriabad and Jhampir because of decrease charges, he stated, including that 60-70pc of land alongside the Tremendous Freeway was “dangerous and controversial”.
Mohammad Najeeb, a member of the Supreme Council of the North Nazimabad Affiliation of Actual Property Brokers (NNAREA), stated the value of a 240-yard ground-plus-one home had remained roughly unchanged at Rs55-65m over the previous two years, whereas a 400-yard ground-plus-one bungalow had risen to Rs60-70m from Rs45-50m.
He stated 600-yard ground-plus-one bungalows remained within the Rs70-100m vary, whereas 1,000-yard ground-plus-one bungalows value Rs180-200m, up from Rs140-150m two years in the past.
In North Nazimabad, he stated, an outdated two-bedroom flat with no carry, generator or parking prices Rs5-7m. New flats with amenities have been priced at Rs15-17.5m, up from simply over Rs10m.
Previous three-bedroom flats have been priced at Rs10-12.5m, up from Rs8-9m, whereas new three-bedroom items with amenities have been priced at Rs17.5-35m, in contrast with Rs15-20m two years in the past.
Revealed in Daybreak, February fifteenth, 2026
