Khyber Pakhtunkhwa’s provincial capital, Peshawar, is a major player in Pakistan’s property market. Due to the city’s increased economic importance with the completion of the China-Pakistan Economic Corridor (CPEC) and its rapid growth in recent years, property investors and purchasers in Peshawar are more keeners than ever before. In addition, there is a wide choice of homes to choose from, ranging in both size and price. The focus of this article, on the other hand, is on the best places to buy a property in Peshawar.
Peshawar is recognized for its sustainable growth and development and a rapidly expanding real estate market, making it a popular destination for tourists. In the recent decade, Peshawar has undergone some positive transformations. Peshawar’s positive developments and better conditions have fueled the growth of the real estate market. As a result, interest in it is overgrowing, making it a top investment in Peshawar by 2021. You should also visit Islamabad to buy a plot in Taj Residencia.
Khyber Pakhtunkhwa’s provincial capital is a historic site undergoing rapid transformation. It is also a key location in Pakistan’s property market. Society buildings may be found in almost every part of the city. Unlike in the majority of the rest of the country, people in this city preferred to buy a house instead of an apartment. Purchasing a home in a new location is often fraught with uncertainty. You’ve come to the right site if you reside in Peshawar and search for the most excellent neighborhood in Pakistan.
Popular Housing Localities in Islamabad:
The best places to live on our list include Hayatabad, Warsak Rd, Gulbahar, Regi Model Town, and Dalazak Rd. To have more clarity, let’s take a closer look at the top three regions in terms of investment possibilities and price bracket so that you can get a better sense of whether these areas meet your needs or not.
GULBAHAR:
In the city of Peshawar, there’s an old housing development called Gulbahar. It’s not surprising that society made our list of the best places to buy a house in Peshawar. The project, located between the Peshawar Northern Bypass and the National Highway (N-5), offers a wide range of cheap housing options.
In Gulbahar, a five-marla house might cost between PKR 95 million and PKR 2.5 million. A 10 marla house would cost between PKR 1.75 crore and PKR 3.5 crore, depending on the size of the unit you’re searching for. One-Kanal residential properties in Gulbahar are available for between PKR 4.8 and 6.3 crores, with the average sale price. Gulbahar’s facilities and amenities are within a short walking distance, thanks to the city’s vast boulevards. Everything, from large mosques to world-class emergency departments, is located within a short distance of the city’s homes.
HAYATABAD:
According to our research, Peshawar’s homebuyers prefer Hayatabad over any other neighborhood. Located on the northern outskirts of Peshawar, close to the Torkham border, the area offers a unique blend of urban and rural living conditions.
Following alphabetical and numerical order, Hayatabad contains seven phases, each further subdivided into sectors. Many facilities are available for residents’ use in this neighborhood, including carpeted roads, beautiful green parks, secure residential units, top-tier educational institutions, and great restaurants.
A 5 marla house in Hayatabad costs between PKR 1.5 crore and PKR 2.5 crore, which speaks to the area’s affordability. According to the market, a ten-marla property costs between PKR 2.8 crore and PKR 4.3 crore on a comparative basis. If your budget permits purchasing between PKR 4.5 crore and PKR 6.2 crore, you may want to consider a 1 Kanal house for sale in Hayatabad.
For residents of this region, getting about the rest of the city is a breeze thanks to its amazing location at the intersection of two major metropolitan thoroughfares—the Peshawar Ring Road and the GT Road.
WARSAK ROAD:
Peshawar’s Warsak Road is the city’s second-most favored choice for a new home. Warsak Road, which connects Peshawar Ring Road with the National Highway (N-5), is well-known for the city’s best and most distinctive housing developments. Invest in Kingdom Valley Islamabad.
Consider your possibilities on Warsak Road if you’re looking to buy a home in Peshawar. Warsak Road’s five marla house prices range from PKR 65 lakh to PKR 1.35 crore on average. You can buy a ten-marla property for between PKR 1.6 crore and PKR 3.3 crore if you are looking for a more prominent alternative. Warsak Road also has 1 Kanal house for sale to investors and buyers with a budget of at least PKR 2 crore and up to PKR 4 crore.
Warsak Road, in contrast to Hayatabad, is a wide thoroughfare that is home to upscale subdivisions with world-class amenities. Since the location is adjacent to public areas and major highways, residing on Warsak Road provides a wide range of conveniences. Investors and purchasers alike are drawn to the city’s well-developed infrastructure and well-organized housing plans. Later, this route links to Warsak Dam Road, which leads to the Kabul River, a major tributary of Pakistan’s Sindh River. Read more about 1947 Housing.
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