Investing in real estate is one of the best decisions you can make to secure your future. However, considering the many options available, finding a viable investment option can be challenging. This is where Shangrila City Karachi comes in.
This residential community is designed to provide a comfortable and secure living environment at an affordable price. In this blog, Graana.com delves deeper into what makes this project an excellent investment opportunity.
About Shangrila City
Shangrila City, located in Karachi, is a residential project that Aimal Developers, a renowned real estate developers in Pakistan, have launched. The company is dedicated to constructing high-quality residential and commercial properties.
It has successfully delivered various projects, including Shangrila Comforts in H-13 Islamabad, The Galleria in Bahria Enclave Islamabad, Sunset Homes in Bahria Enclave Islamabad, Aimal Tower in B-17 Islamabad, Zabeel Hills in Bahria Enclave, and Centre Point in Bahria Enclave Islamabad. Shangrila City provides its residents with a luxurious lifestyle, modern facilities and amenities.
Location
Shangrila City is situated near Pak Fazaia Housing in Karachi. It is located in a prime area on the M-10 motorway (or Karachi Northern bypass), offering residents a high standard of living.
Master Plan
A group of specialists, comprising architects and civil engineers, have meticulously crafted the project plan for this housing society, to ensure that it stands out from other similar residential projects.
Instalment Plan
Investing in Shangrila City Karachi is an excellent opportunity to tap into the real estate market at an affordable cost. This housing community offers residential plots of 125 square yards and commercial plots of 100 square yards, with a 5-year instalment plan. Below is a detailed breakdown of the payment plan.
125 Sq. Yds. Residential Plot
| Description | Amount |
| On booking | 300,000 |
| 60 monthly instalments (20,000×60) | 1,200,000 |
| After 20 months | 150,000 |
| After 40 months | 150,000 |
| On possession | 400,000 |
| Cost of Plot | 2,200,000 |
| Extra Charges | Rate |
| West Open | 5% |
| Park Facing | 5% |
| Corner | 5% |
| Road Facing | 5% |
100 Sq. Yds. Commercial Plot
| Description | Amount |
| On booking | 600,000 |
| 60 monthly instalments (40,000×60) | 2,400,000 |
| After 20 months | 200,000 |
| After 40 months | 200,000 |
| On possession | 600,000 |
| Cost of Plot | 4,000,000 |
| Extra Charges | Rate |
| West Open | 5% |
| Park Facing | 5% |
| Corner | 5% |
| Road Facing | 5% |
Facilities and Amenities
This gated community provides its residents with an uninterrupted supply of water and power, in addition to top-notch security measures, including state-of-the-art security systems, to ensure the residents’ safety. The community also features a large mosque, a park and a playground for children.
Frequently Asked Questions (FAQs)
Who is the CEO of Shangrila City?
The Chief Executive Officer is Atif Ahmed.
Is Shangrila City approved?
Form MDA & SBCA has approved the real estate project.
What type of properties are available at Shangrila City Karachi?
It offers residential plots of 125 square yards and commercial plots of 100 square yards.
Is the payment plan flexible?
Yes, the payment plan is flexible, with a five-year instalment plan available for both residential and commercial plots.
Are essential facilities available 24/7?
Yes, the community provides round-the-clock running water and uninterrupted electricity.
Is the location of Shangrila City Karachi convenient?
A: Yes, it is situated in an ideal location on the M-10 link, providing easy access to the city hotspots.
Can non-residents purchase property at Shangrila City Karachi?
Yes, anyone can buy a plot or property here, including non-residents of Pakistan.
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