Over the years, many Precincts of Bahria Town Karachi have attracted customers willing to gain from the investment trends. Precinct 23 and 26A are one of the most anticipated investment Precincts in Bahria Town Karachi. One is located on Jinnah Avenue while the other on Avenue 23. Each precinct has its own value as well as investment prospects. Let’s overview each Precinct with regards to its location, development status, plot prices, investment prospects.
Location Analysis
From location perspective, Precinct 26-A is located on Jinnah Avenue while Precinct 23 is located on Avenue 23, opposite to Precinct 22. From locations perspective Precinct 26-A is located at the best possible location for any precinct to be located on that is the Jinnah Avenue. IF we compare them location wise, 26-A wins over Precinct 23 concerning its location.
Development Status
Development Status wise, Precinct 23 is much more developed and safe to invest in as compared to Precinct 26-A. This depicts how much the on growing value of P23 is justified despite its location. As compared to 23, a major part of 26-A is off ground, which makes it obvious why the value of properties in 26A is predicated to diminish in case of any market crash. On the other hand, the market of 23 might remain more stable as compared 26A in such a predicament.
Plot Prices
The prices of plots in P23 range from 45 lac to 58 lac, depending on location, development status, category of the plot and overall value. There has been a tremendous incline in the overall plot prices comparing with what the prices were in July 2021. The prices have risen in the past, 5 months alarmingly, which is due to the interest of the investors in the market with their overall focus on the trends. On the other hand, the prices of 26A have also risen up to 73 lacs depending on the location, development status and proximity from Jinnah Avenue. All these elements are integral in placing the value of each Precinct.
Investment prospects
Considering all these elements, investment in either of the precincts is highly fruitful. Either you invest in P23 or P26A, the prospects of each precinct are positive concerning the market trends, market analysis, price hikes and return on investment. Hence, it depends on your preferences with where, how and when you would like to invest in these two of Bahria Town Karachi.
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