Karachi is growing at an astonishing rate and is on track to becoming a megacity. Over the last five years, the city has seen a tremendous increase in its real estate sector, with many new projects initiated in its suburbs. If you are considering investing in property in Karachi, you have come to the right place.
Graana.com has discussed everything you need to know about ASF City Karachi, a new addition to the city’s bustling real estate market.
Overview of ASF City Karachi
ASF City Karachi is a vast housing project covering 3000 acres. It is being touted as “the Smart City of Pakistan” by its developers, the ASF Foundation. The residential community is designed to be a model for future independent housing societies and cities and is expected to set a new standard in housing development.
The project aims to provide a modern, sustainable, and technologically advanced living environment for its residents. With its cutting-edge infrastructure and smart city features, ASF City is poised to be a game-changer in the Pakistani real estate market.
According to the official website of the ASF Housing Scheme, the project’s master plan was completed in a matter of months with the joint efforts of both national and international real estate planning experts.
Location of ASF City Karachi
ASF City is ideally located next to the well-known Karachi-Hyderabad M9 Motorway. This makes it easily accessible to other popular suburbs of Karachi. Its close proximity to DHA City and Bahria Town has added bonuses. These locations offer residents a range of amenities and opportunities for shopping, dining, entertainment, and more.
Driving from ASF City to the city centre of Karachi will only take about 1 hour and 35 minutes via the M-9 Motorway and Lyari Expressway. This proximity makes it easy for residents to access the city centre for work or leisure.
Additionally, residents will be just a short drive away from some fantastic family recreation spots. This includes Bahria Adventure Land, Bahria Carnival, and the famous Kirthar National Park, a game reserve in Sindh.
These locations offer a range of activities and experiences for families and individuals to enjoy, making ASF City a great place to live for those who value both convenience and access to recreation.
Based on the TVC and the master plan of ASF City, Karachi, it’s clear that the project has been designed to offer residents state-of-the-art facilities and amenities for a high-quality lifestyle. Some of the key features of the project include:
- A serene environment that offers residents a peaceful place to live
- Robust infrastructure to support the community’s needs
- 24/7 security to keep residents safe and secure
- A gated community for added privacy and security
- A reliable and non-stop supply of necessary utilities
- A modern public transport and traffic system with smart signals
- Sports and fitness centres to promote healthy living
- Markets for convenient shopping
- Healthcare facilities for easy access to medical care
- Educational centres for students of all ages
With these and many other features, ASF City, Karachi is poised to be a premier residential community that provides residents with a modern, convenient, and high-quality living experience.
There are some notable landmarks in ASF City that are worth mentioning. These include the ASF Grand Jamia Masjid, ASF Mall, ASF Towers, ASF Golf Course, ASF Grand Hotel, ASF Civic Centre, and ASF Expo Centre. The construction of the Grand Jamia Masjid in the Abu Bakar Block of ASF City has recently been initiated through a signed MoU.
These landmarks add to the community’s sense of place and offer residents a range of conveniences and amenities, from religious facilities to shopping and dining options and more. These features help to make ASF City a vibrant and thriving community that offers residents a high quality of life.
According to the master plan, ASF City, Karachi, is divided into several blocks and sub-sectors. These offer a wide range of amenities and properties.
Some of the main subdivisions of the ASF City are the Abu Bakr Block, Hamza Block, Neelam Block, Naran Block, Usman Block, Astor Block, Soan Block, Jafar Block, Ali Block, and the Educational Enclave, which houses all of the neighbourhood’s educational centres.
A Commercial Hub is also the centre of the community’s shopping and dining options. These subdivisions provide residents with a diverse range of living options, from single-family homes to multi-family apartments and everything in between.
With its well-designed layout and many options, ASF City is an excellent choice for those looking for a modern and convenient place to call home.
Investment Opportunities in ASF City Karachi
In line with the current trend of the real estate market in Karachi, property investment in ASF City comes in three main options: 125, 250, and 500 square yards. The cost of a 125-square-yard plot for sale in ASF City can range from PKR 16 lac to PKR 24 lac. However, it depends on the location and other factors.
For those interested in purchasing a 250-square-yard plot, the asking price is typically between PKR 26 lac and PKR 36 lac. If you are looking for a larger property option, the price range of 500 square yard plots in ASF City can be more expensive, starting from PKR 46 lac and going up to PKR 54 lac.
These prices are subject to change and can vary based on market conditions. Therefore, it is always advisable to consult with a real estate expert or a property consultant before making a decision.
Payment Plans for ASF City
When it comes to purchasing a plot in ASF City, buyers have the option of choosing from flexible payment plans. However, it is essential to note that the total cost of the plot may vary based on the chosen payment plan.
To get detailed information about the available payment plans and their associated costs, it is better to check the official website of the housing society or consult with a real estate agent.
|Payment Type||125 sq yd||250 sq yd||500 sq yd|
|Full Payment||16 lac||26 lac||46 lac|
|1.5-Year Instalment||20 lac||30 lac||54 lac|
|3-Year Instalment||24 lac||36 lac||60 lac|
Balloting of Plots and Dates for ASF City
Additionally, the ASF City’s official website states that transfer fees for plot files in the housing scheme are as follows:
- PKR 20,000 for a 125 sq yd plot file
- PKR 40,000 for a 250 sq yd plot file
- PKR 60,000 for a 500 sq yd plot file
You can now transfer fully paid plot files in ASF City into another person’s name by paying the respective transfer fee.
ASF Foundation can be contacted through their official website, email address, or phone number for any inquiries or further information about the project. It’s always a good idea to verify the information from official sources before making any investment decisions.
Address: ASF Headquarters, B-280, Old Area, Karachi
Contact Number: 021-111-273-555, 0311-1333225
Email Address: [email protected]
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