As the population increases, People are trying to regulate themselves in new towns where they could get peace of mind. In the previous years, an increasing number of overseas Pakistanis and European investors have changed their eyes toward Bahria town a rising Real Estate Market. Forced by their preventively expensive residential property markets plus the instability and uncertainty of existing equitable markets, investors have found our country an outstanding substitute for investment. Bahria has been by tradition a popular and peaceful place. This place is famous for its impartiality over past and current challenges in the area, accepted by the world community. The price in Bahria Town has increased a lot. The one and only Phase 8 Extension is a reasonable also a rapidly developing area so investors have great interest in it. Also, the Rawalpindi Ring Road approval makes it the best investment opportunity due to its easy access. PHASE 8 EXTENSION LOCATION: Phase 8 extension is the Best investment opportunity in Bahria Town. This Block is located near Awami villa sector 3 which is situated in Sector N. The whole project is classified into 6 sectors. In the future Ring Road will connect Rawalpindi to the phase 8 extension. Road size is minimum of 40 feet wide and a maximum 110 feet wide. This time Phase 8 is an eye-catching place for investors and residents too. Some of the reasons are listed below: PHASE 8 EXTENSION PRECINCT 1 Precinct 1 has total of 10 marla residential plots in which 15 streets are fully developed. In which roads have been built, work is going on in the rest of the area. PHASE 8 EXTENSION PRECINCT 2 Precinct 2 is a commercial area that includes International schools, Restaurants, Commercial areas, Commercial Hall, IT towers, Offices, and high-rise Commercial Malls. It has not been launched, so it is not being developed yet. PHASE 8 EXTENSION PRECINCT 3 Precinct 3 has 3, 8, 10 Marla and 1 Kanal Residential Plot. This is the largest phase of Phase 8 Extension. This phase has almost 10 streets of 10 and 8 marla plots whose roads have been carpeted. Sewerage Work has been done in such streets that have 8 marla plots and 1 Kanal area has also been levelled. This area is the Best investment opportunity as it has easy access to Rawalpindi Ring Road. PHASE 8 EXTENSION PRECINCT 4 Precinct 4 has 5, 8 and 10 marla residential plots. Most of the plots here are 5 marlas. Some streets are 10 marlas and some 8 marlas where work is being done here. The area is being levelled and the development work is progressing rapidly. That is why this block has the attention of residents and investors in 5 Marla plots a lot. PHASE 8 EXTENSION PRECINCT 5 Precinct 5 has 5 and 10 marla plots. Most of the plots are 10 marlas and some plots are 5 marlas. Development Work is going on there and is almost done at 5 marla streets. PHASE 8 EXTENSION PRECINCT 6 Precinct 6 is attached with Bahria Town Phase 6. Development Work is completed in 10 streets and work is going on in the Rest Area. The First route to Phase 8 Extension is from this Sector. It does not have development charges yet, development charges will also have to be paid on all plots once the development is complete. It is not known yet, but it is estimated that it can be up to one lakh rupees per marla. But currently, the plots available in Bahra Town Rawalpindi at the lowest price are in Phase 8 Extension. And this place is considered Best investment opportunity.
WHAT IS REAL ESTATE INVESTMENT? Real Estate Investment is the most common way of securing, developing, and growing land properties to get huge returns. Investors might decide to put resources into either commercial or residential properties. Real Estate Investment can be tricky, particularly if it is your initial one. Real Estate Investment can be amazing for investors, adding variety to your portfolio and assisting you with creating a decent gain. Anyhow, this isn't without risks. Luckily, there are a few questions you can consider to make the right beginning. DECIDE YOUR LONG-TERM GOALS Before making any investment, it is important to have a clear perception of your goals. Are you hoping to flip the property? Would you want to sell your investment property for profit? OR do you want to have a rental property for passive income? It will be helpful if you make exactly sure why you want to make an investment or how much you have to spend. TIME YOU HAVE TO MANAGE THE RENTAL PROPERTY Real Estate Investment can be a regular job, particularly if you're attempting to flip the property or trying to do it yourself. Although you're not ready to spend a lot of time on the property, you can take an expert Real Estate Agent or free real estate management services. This software is the best way to manage the rental process. More tasks you can handle with these are tracking rental payments, sending rental agreements, managing and creating multiple properties, and more. It can deal with the everyday tasks related to investment properties, saving you the opportunity to focus on different things. CURRENT SITUATION OF THE REAL ESTATE MARKET The present status of the Real Estate business sector can hugely affect your investment. If you want to flip the property, you'll need to consider the market closely and ensure it's in a positive area for it to be sold. Then again, if you need to lease the property, you'll need to ensure there's an interest in houses for rent nearby. A Real Estate organization can greatly assist in dealing with an investment property. They can deal with tasks like finding an ideal occupant for you, gathering rent, managing upkeep issues, and many more. While they truly charge an expense for their administrations, everything will work out the right way if you're not ready to devote your precious time to the property. Have you contacted a land lawyer to survey your rental contract and answer any inquiries about the legal parts of being a property manager? If you rent out the property, it will be good to talk with a land lawyer in advance. They can audit your rental contract and ensure everything is all together. They can also respond to any inquiries about the legal parts of being a landowner. This is a good step to take to keep away from any possible legal issues not too far off. HOW LONG WILL YOU WAIT FOR? Real Estate Investment is the business that allows you to choose whether you want to be a passive or active investor. While some think having a real estate investment must be active, there are circumstances where it may be a passive source of income. If you have recently started investing in real estate, you may not know where you want to invest or which is the best investment opportunity. Which type of Real Estate investor you want to become will affect your answer to many questions for your future investments. An active Real Estate Investor is a person who regularly flips homes or either a landlord. He is the person who manages his properties, from buying to renting it out himself OR buying a property, renovating and selling it for profits. Although passive investors don't give time to the property, they invest money without having any work on it, like purchasing a rental property and then hiring a real estate dealer to manage all its affairs. Then the dealer will be responsible for making a good sale of the investor's property. In return, he will get a share of the profits. THE OTHER OPTION YOU HAVE FOR INVESTMENT If you have enough resources, you should start asking yourself what will be the right investment option for me. OR What can you do with your savings? Some answers are listed below that can be helpful for you - Put resources into the securities exchange Pay down existing debts Save for your children's schooling Start a business Invest in Stock Exchange Travel with your loved ones Redesign your current home Purchasing a speculation property is a major financial responsibility. You can hold some property on an installment plan in the real estate sector. Then it will be your asset in the future, but it will be time taking. Ask yourself if you can wait for that period. Whenever you completely weigh the opportunities, you might accept that there are some important speculations you can make into yourself or your family rather than land. The best speculation may not generally be the one that expands your cash, and it could be the one that upgrades your life. DO YOU HAVE A PLAN? The ideal way to move toward Real Estate Investment is to have a plan. You should know what your main objectives are how much time you have and how you will achieve them. Whether you're a first-time investor searching for investment property for huge returns or a regular investor searching for an additional revenue source, having a plausible and very organized plan will empower you to choose the right properties, clutching them and continue to push ahead. Do I Have Competition? Finding out about the market also ensures that you can get enough profits. While this can be affected under some situations, you have to consider these factors, such as the number of investors in the market, whether there are a lot of rentals in the area or not, and which properties are already held. If there is too much competition in the area, then it can impact your profit in the future. Before investing in Real Estate, the important thing will generally decide the arrival of your speculation and its lifespan. Mostly we are not paying attention to the potential of the targeted area we selected for investment. Numerous financial backers pick a city on the guise that they realize the region well and know where the appealing locale and great locations are. DO YOU HAVE ANY IDEA ABOUT THE POTENTIAL OF THE AREA? Knowing the surrounding of a property expects that you know about analysis criteria, which doesn't help by simply residing in a spot. Thus, analyze the number of empty homes, the advancement of frameworks and the degree of the business pool. It would be best if you also found out about the organizations enlisting, particularly the inventory/request proportion.
Owing to its incredible geographical location, the coastal city of Karachi is surrounded by some of the best beaches in Pakistan. Manora Beach is definitely one of these coastal attractions, which receives a large number of tourists from all around the country every year. Keeping in view the immense popularity of this beach among travelers, the provincial government decided to upgrade its infrastructure and equip it with modern-day features to facilitate visitors. With a total cost of PKR 650 million, it took around 10 months for this beach renovation project to be completed in the Keamari district of Karachi. The all-new Manora Beach resort was finally inaugurated on October 31, 2021, by the Chief Minister of Sindh Murad Ali Shah in the presence of other key government officials and political figures. INAUGURATION CEREMONY OF MANORA WATERFRONT BEACH PROJECT IN KARACHI The inauguration ceremony of the tourist attraction was organized as a high-profile event, which was attended by provincial ministers including Nasir Hussain Shah, Syed Sardar Shah, and Administrator Karachi Murtaza Wahab among others. According to CM Murad, the Manora Beach project will provide [state-of-the-art] recreational facilities to the residents. While addressing the event, he revealed that the main objective behind the development of such projects is to improve development standards in different parts of the city and generate revenue. FERRY SERVICE FROM CLIFTON AREA TO MANORA BEACH IN THE PIPELINE “We are also planning to develop a jetty at Seaview to start a ferry service from Clifton area to Manora beach,” CM Murad announced while addressing the inauguration ceremony. KEY ATTRACTIONS OF MANORA WATERFRONT BEACH PROJECT The newly-developed beach has been planned as an advanced tourist attraction. It has ample seating arrangement, parking space, shaded spots — to escape the scorching heat while enjoying views of the Arabian sea — and a kids’ play area. The project also features a fully-fledged restaurant, offering a variety of lip-smacking dishes and snacks, mostly based on seafood. Trees have been planted along the coastline, which is to further enhance the beauty of this tourist attraction. To offer a more private and comfortable environment to families visiting the place, dozens of gazebos have been made a part of the project, offering breathtaking views of the beach. The beach also has ample lighting arrangement and the entire waterfront is beautifully lit after sunset. AVAILABILITY OF STATE-OF-THE-ART FACILITIES AND HOTEL SERVICES AT MANORA BEACH In a recent development, Manora Beach has been partially privatised and now the management of Dreamworld Resort, Hotel & Golf Course is providing and looking after many different types of recreational facilities and watersports activities available at the seaside. Destination Hotel, which is also a project of Dreamworld Resort, Hotel & Golf Course, is providing comfortable accommodation for overnight stays for people visiting this coastal attraction. The price of a hotel room near Manora Beach starts at around PKR 20,000 per night. However, those who already have the Dreamworld membership can avail of special discounts and offers on these hotel accommodations. LOCATION OF MANORA BEACH Forming a protective barrier between Karachi Port and rough sea currents of the Arabian Sea, Manora was formerly one of the islands near Karachi. However, with the formation of a man-made link between Manora Beach and the mainland, it can now be defined as a peninsula. SEA ROUTE TO MANORA BEACH Before the construction of Manora Driveway, the sea route was the only way to get to Manora Island. Not long ago, a new jetty was opened in Keamari that replaced a similar facility, which was more than 100 years old. You can easily head to Keamari for a boat ride to Manora Beach Waterfront. MANORA DRIVEWAY Inaugurated and opened to the public in recent years, Manora Driveway is one of the most impressive infrastructure projects in the region. It stretches a few kilometres, forming a road link between Manora Beach and the area of Kakapir. Kakapir can be reached by Mauripur Road, which has been in pretty bad shape for years. However, the government is finally renovating the route. The road carpeting and patching work in the area is expected to be completed soon. It is one of the many major development projects recently introduced in Karachi. Mauripur Road is probably the shortest and most feasible route to get to Manora Beach from Tower, MT Khan Road and other key localities in the old city area. It is also used by heavy traffic heading to the port and vice versa. TICKET PRICES OF MANORA BEACH RESORT IN KARACHI The entry ticket of the newly-opened beachfront project will cost you PKR 50 per person. Thing to Remember: It is important to mention here that you need to carry your CNIC along with other necessary car documentation because to get to the beach, you have to cross a security check post of the armed forces.