Plots for sale in MDA Scheme 1 have reasonable prices as the housing society is in its initial stages. Generally, the starting price of a residential plot in the housing society is Rs. 2.75 lacs whereas the starting price of a commercial plot is roughly Rs. 60 lacs.
The plot rates in MDA Scheme 1 are expected to increase with time as the housing society is in its initial stages. As more development continues to progress in the area, the value of both residential and commercial plots in the area may increase.
In contrast to some nearby areas like Bin Qasim Town, the prices of plots for sale in MDA Scheme 1 is fairly reasonable as a 3 marla residential plot in MDA Scheme 1 usually starts from Rs. 2.75 lacs. On the other hand, the same 3 marla residential plot in Bin Qasim Town Karachi costs more than Rs. 4 lacs on average.
There is a difference in the prices of commercial plots as the price of a commercial plot is on the higher side in MDA Scheme 1 compared to the commercial properties in Bin Qasim Town where a 4 marla plot costs around Rs. 14 lacs on average.
This housing society has both residential and commercial plots which are available in a range of sizes.
The popular size of residential pots for sale in MDA Scheme 1 in this housing society include 3 marla and 6 marla.
You will find commercial plots in different sizes including 9 and 13 marla.
This housing scheme is located just outside the main city near Port Qasim. In order to provide some perspective about the location of this new housing scheme, we have listed some of the nearby areas in the table given below.
Place |
Distance From MDA Scheme 1 Karachi |
Bin Qasim Town |
3.9 km |
Railway Colony |
2.8 km |
Gulshan e Karachi PHASE II |
7.4 km |
Wakeel Colony |
3.1 km |
Textile Institute of Pakistan |
4.0 km |
Considering the prices of residential and commercial plots for sale in MDA Scheme 1, buying a plot here is a good investment as property prices may increase as development continues to progress.
With more development in the area, the demand is expected to increase which as result will change the prices of both residential and commercial plots. Hence, if you want to buy a plot which requires minimum capital, buying a plot in MDA Scheme 1 is a lucrative investment option.