The area is quite developed and no more construction projects are underway here currently. Therefore, the prices of properties here do not change that frequently.
Generally, the cost of a 2 and 4 bedroom flat in Naya Nazimabad Karachi is expected to be more than Rs. 1.24 crore and Rs. 1.7 crore on average.
However, these might fluctuate as there are a few variables such as the size of a flat, its condition and the amenities offered, which play a major role in determining their costs.
Comparing the prices of flats for sale in Naya Nazimabad Karachi with those in its neighbouring areas, a notable difference can be seen.
For instance, in North Nazimabad, the usual minimum cost of a flat for sale lies around Rs. 62 lac, which is below the minimum price of a similar flat in Naya Nazimabad.
In another neighbouring area, Buffer Zone Karachi, a 2-bedroom flat is typically sold at the minimum cost of Rs. 40 lac.
The difference in the value and cost of properties in Naya Nazimabad and its neighbouring areas is evident from these numbers.
Following are the types of flats for sale in Naya Nazimabad:
A two-bedroom flat for sale in Naya Nazimabad comes with two bedrooms, two bathrooms, one drawing room, one dining room, one kitchen, one storage room, one terrace, and a parking space.
A three-bedroom flat for sale in Naya Nazimabad comes with three bedrooms, bathrooms, one drawing room, one dining room, one kitchen, one storage room, one terrace, and a parking space.
A four-bedroom flat for sale in Naya Nazimabad comes with four bedrooms, four bathrooms, one drawing room, one dining room, one kitchen, one storage room, one terrace, and a parking space.
Situated in the prime location of the city, a lot of popular places are found in its proximity. Some of those places are mentioned in the table below.
Places |
Distance From Naya Nazimabad |
Paras Luxury Banquet |
550 m |
Pakistan Shipowners Government College |
1.7 km |
Khadija Market |
1.9 km |
Serena Mobile Mall |
2.3 km |
Qalandria Monument |
900 m |
Sherdil IT Academy |
1.0 km |
Naya Nazimabad Karachi is located in a premium location in the city, offering luxury flats at affordable prices.
The availability of two to three bus stops in its proximity, and some major roads like Shah Jahan Avenue, Ghousia Road, and Manghopir Road, have made commuting to other major places of the city much easier for the residents.
You can easily access some top-class educational institutes like Iqra University North Campus via Manghopir Road.
Other than that, you will come across a wide range of markets and commercial areas in its proximity, such as Khadija Market and Hamza Medical Store.
These amenities have elevated the prices of flats for sale in Naya Nazimabad, which is why investing here will be a good option.