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Price trends of properties in Karachi
The real estate market in major metropolises in Pakistan is aggressively expanding. Real estate development in Karachi, the city of lights, likewise, has expanded significantly as a consequence of the rising population. The real estate patterns are altering more than in the previous few years. Population growth and relocation of people to city centers in search of better lifestyles and opportunities have resulted in higher demand and more opportunities.
The property values in Karachi are mostly skyrocketing due to the city being a hub of commercial activities and businesses. Lahore has relatively affordable real estate prices for residential and commercial properties. Islamabad, similarly, has skyrocketing prices due to the city being the capital of the country. House for sale in Karachi can be a very good investment.
Karachi is renowned for its numerous lucrative real estate developments and investment opportunities. A few of the best and most excellent societies and regions for real estate investment in Pakistan are based in Karachi. Both residential and commercial areas may be found in the city, where one can discover residential and commercial plots, stores, flats, villas, residences, etc. for all types of investments.
If you want to safely secure your money and yield a good return from it, real estate Investment is a great way Ismail estate has multiple investment opportunities for different kinds of properties that can bring you a high return on investment as well serve as your passive income stream.
Vertical living is the future of the real estate, especially in a metropolis like Karachi with an ever-increasing population and urban development. Bookings for high rises at DHA and Bahria Town Karachi begin at 2 Lac and go up depending on a particular project's type, location, the total area covered, etc. Investing in Karachi real estate can yield great returns. The city’s real estate has shown tremendous potential and offers promising chances for real estate investment in 2022.
Despite having a population of over 30 million, this metropolis offers some of the most affordable housing alternatives. Consequently, making a real estate investment in Karachi would be a wise decision.
Karachi is the biggest commercial metropolis and offers a wealth of commercial investment options. Over the previous year, a number of new developments have been inaugurated and developed, but the finest and most profitable areas in Karachi for real estate investment are:
DHA Karachi
DHA City offers multiple properties for sale and rent. Due to the ever-increasing housing demand, many property owners have rented out their homes to generate passive income revenue. In DHA Karachi, you may readily discover flats and apartments for rent and sale in a variety of sizes, as well as for various monthly rents. Apartments of different sizes, including studios, 2-bedroom, 3-bedroom, 4-bedroom, and larger ones, are available for rent.
House for Sale | 1.5 crore to 1 Arab |
Plot for Sale | 1.2 crore to 95 crore |
House for Rent | 25 thousand to 2.5 lac |
Bahria Town Karachi
Bahria Town Karachi is one of the finest places to invest or rent in Karachi. The society offers lucrative amenities along with great returns on investment. The residents of the gated community have access to all the facilities e.g high-end security, maintenance, theme parks, clubs, and supermarkets. The society also has medical facilities available.
Flat Prices for Sale | 12 lac to 4 crore |
Plot for Sale | 1.2 crore to 95 crore |
Plot Prices for Sale | 9 lac to 30 crore |
House Prices for Rent | 25 thousand to 1.5 lac |
Gulshan e Maymar
Gulshan e Maymar is also a gated community in Karachi with all basic facilities available within short distances. Society is split into different sectors and has multiple options for rent and sale. It is an ideal place for you if you want a serene environment away from city chaos.
House Prices for Sale | 50 lac to 5 crore |
Plot Prices for Sale | 5 lac to 5 crore |
House Prices for Rent | 15 thousand to 1.5 lac |
A lot of buyers and investors from all over the country look forward to the societies of Scheme 33 because of the world-class amenities and top-notch security. The area serves as the city's commercial and commuter hub. Supermarkets and stores for all necessities are available. Good educational and medical facilities are also available for the residents.
People from any socio-economic background can invest in the area since it offers a wide array of options.
Flat Prices for Sale | 16 lac to 3 crore |
Plot Prices for Sale | 5 lac to 15 crore |
House Prices for Rent | 15 thousand to 1.2 lac |
Tuesday, September 20, 2022
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AGREEMENT OF Rent
AGREEMENT OF TENANCY(Rent)
This
Agreement of Tenancy is made at Karachi, on this _____ day of __________ 2022
Between
________________________________________________________________,
holding National Identity Card No. _____________________, Muslim, adult, resident of_______________________________________________________
_______________________, hereinafter called Owner
Party of the One Part:
And
________________________________________________________________,
holding National Identity Card No. _____________________, Muslim, adult, resident of_______________________________________________________
______________________, hereinafter
called the Tenant Party of the Other Part:
(Both
expression shall wherever the context so permits, mean & include their
heirs,
executors,
administrators, successors, and assigns)
Witnesseth As Under:
Whereas the Owner is the sole
and absolute Owner of a __________________
_____________________________________________________________________________________, hereinafter
called the “SAID PREMISES”.
And
Whereas the Owner has
agreed to let out the _________________ of the “SAID PREMISES””, to the
aforesaid Tenant on Monthly Rent
ماﻫــانــﻪ کرايــﻪ/ of Rs.____________/- (Rupees
_______________________________________ Only), on the following terms
and conditions:
دستخط
مالک
ـــــــــــــــــــــــــــــــــــــــــ دستخط کراۓ دار
ـــــــــــــــــــــــــــــــــــــــــ
Continued
on Page Two.
[Page
Two]
1. That the Tenant has Deposited a sum of Rs.____________/-
(Rupees ________________________ Only) which will be treated as Fixed Security Deposit
Money / زر ضــمانت, refundable to the Tenant at the time of entire vacation of the “SAID PREMISES”
(without interest) after deducting dues, damages, charges, if any.
2. That the Tenant has paid ______
Month(s) Advance Rent to the
Owner Rs.____________/- (Rupees
_______________________________________ Only), which will be adjustable in rent.
3. That the Owner has handed over the vacant
peaceful possession of the “SAID PREMISES” to the Tenant with all necessary
fitting & fixtures hence this Agreement Of Tenancy, shall come into force with effect from ____________ to ______________ and shall be valid for eleven (11) months only.
4. That the Tenant shall use the said
premises for his/her own {RESIDENTIAL
COMMERCIAL PURPOSE}, and shall not sub-let the “Said
Premises” to any other person(s) or any portion thereof to anybody else under
any circumstances, and the tenant will not store any hazardous article which
may be explosive or flammable.
5. That the Tenant
would pay the Electricity Bill according to Meter/Sub-Meter
No.____________________ reading _________________ as on dated.______________ ,
Sui-Gas Bill according to Meter/Sub-Meter No.____________________ reading
_________________ as on dated.______________ and Tenant
shall pay maintenance/Union Water Tanker Charges (if any) to the
Owner/concerned authorities, telephone bill (if any) and
after payment of all utility bills in original to be handed over to the Owner on each and every month and
the Owner
shall pay all Government Taxes/Cantonment Board Charges, Property Taxes, etc.,
from his/her own sources and own expenses.
6 That the Tenant
shall pay the Monthly Rent to the Owner by
___th day of each month in advance according to the
English Calendar.
7. That the Tenant
shall not make any alteration addition, etc., of any kind in the “SAID PREMISES”, any
damage, to fitting & fixtures, etc. would be payable by the Tenant at full cost.
8. That
if the Owner
wants to get the “SAID PREMISES”” Vacated from the Tenant, he/she will have to give One month’s notice to the Tenant, and if the Tenant desires to vacate the “SAID
PREMISES” then
he/she will serve One month’s notice to the Owner.
9. That the
Tenant will be ejected from the “SAID
PREMISES” if he/she fails to pay the Monthly
Rent for continuously Two (2) months
on the notice of fifteen (15) days from the Owner.
10. That The Tenant shall provide police
verification at his own source and expense.
11. That this Agreement of Tenancy can be renewed by mutual consent of both the parties for a further eleven (11) months and ____% monthly rent shall be enhanced after eleven months.
12. That the
Tenant has allowed to the Owner to
inspect the demised premises at any reasonable time of the day with prior
appointment.
In Witnesses Whereof the parties set their respective hands before the witnesses here
at Karachi, the day month and the year first above mentioned.
Witnesses گواھان
1. ________________________ OWNER / مالک دستخط __________________
Name: ______________________ Name: ______________________
NIC
No._______________________ /O: _______________________
Add:
_________________________ CNIC
No: _________________________
2. ___________________________ TENANT
/ دستخط کراۓ دار________________
Name: __________________________ Name:
______________________
NIC No.________________________
/O: _______________________
Add:
___________________________ CNIC
No: _________________________
RECIEPT OF
زر ضــمانت/ ماﻫــانــﻪ کرايــﻪ
Received a
total sum of Rs.____________/- (Rupees_______________________
___________________________________ Only), with
thanks from __________________________________________________,
holding National Identity Card No. __________________, Muslim, adult, resident of
______________________________________________________, out of which Rs.___________/-
(Rupees _____________________________Only) being
the Advance Rent for a period of one month commencing from _________________ and Rs.___________/- (Rupees___________________________________
_________________________Only), being
the FIXED SECURITY DEPOSIT refundable immediately on vacation of
premises after deducting the amount of un-paid rent, bills (if any) in respect
of _____________ of my ____________________________ ________________________________________________________________________________________________________________________________________________as per AGREEMENT OF TENANCY dated: _______________.
Karachi, Owner / مالک دستخط ________________
Date:
______________ Name:___________________________
/o:
___________________________
CNIC No. _________________________