A Complete Guide on Taiser Town Karachi
Karachi is the busiest city in Pakistan. Its construction industry has witnessed rapid development and progress in the past few years. Around 20 million people live in this city that never sleeps. It's not easy to own a property in Karachi as the prices are skyrocketing. Considering the inflation in the country, the government inaugurated Taiser Town Scheme 45 to provide relief for the lower and middle-class people in Karachi.
The History of Taiser Town Scheme 45
Taiser Town Scheme 45 is on the north-eastern side of Karachi. Back in 1986, it was under the Karachi Development Authority (KDA), but due to mishandling and negligence, it was transferred to the Malir Development Authority (MDA) in 1996. The project covers more than 20,000 acres of land. Constituted over Deh Mokhi, Deh Nangan, Deh Bijar-ji-Buthi and Deh Taiser, it has the capacity for around 2.5 million people upon development. The area is being developed by Engineering Consultants International Limited (ECIL).
Taiser Town Balloting
The submission deadline for application forms for Taiser Town Scheme 45 was extended from 31st March to 23rd April 2019. The balloting was further delayed and it was finally held on July 19th, 2019 at the Beach Luxury Hotel. Out of 170,000 applications, only 20,000 were shortlisted.
According to the plot balloting, nearly 22,000 plots with sizes ranging from 80, 120, 240, and 400 square yards were up for sale. People who succeeded in the balloting of Tair Town Karachi were notified with official letters that were dispatched to their postal addresses. The letters also carried the schedule of payment of installments according to the cost of the plot.
People who were not contacted by the MDA in Taiser Town after balloting can check their results online on their website. You will have to enter your CNIC, form number, and the applied plot category.
Taiser Town Map – Location
If we look at the Taiser Town Scheme 45 map, it is located in the northeastern part of Karachi on the M-10 motorway. We can find it near Dreamworld Resort as it is a 10-minute drive from Gulshan-e-maymar. Moreover, from Garden City, it’s just a 5-minute drive. If we look at the Taiser Town map, the location is not very far from the hustle and bustle of Karachi city.
You can call it a prime and peaceful location away from the noisy city of lights. Taiser Town Scheme 45 offers all the necessities that a quality life asks for, that too at affordable rates. From luxuries like salons, parks, malls, restaurants, gyms, to the necessities like gas, electricity, water, education, wide roads, and health facilities; the project has everything one can ask for.
Taiser Town Scheme 45 and Neighborhood
We have around 96 sectors in taiser tower with the following neighborhoods.
- Garden City Phase 45
- Hassan Goth
- Yasrab Colony
- Mir Khan Goth
- Duchoor Dara Goth
- Ajmer Goth
- Fazaia Housing Scheme
- Noman Lake Villas
- Noman Lake City
- Salfia Town
Taiser Town Plots for Sale
Taiser Town Scheme 45 is a low-cost housing project by the government. Therefore, its prices are low and affordable. It started from 1,000 rupees per square yard for people who were interested in the project. However, the problem was that the investment was limited to computerised balloting only. It was important to succeed in the ballot first, then you could purchase a plot in Taiser Town Scheme 45.
Today, if you search for a Taiser Town Sector 79 plot for sale, you can find a 120 square yard plot for 33 lac rupees. The rates are increasing with time as nearby societies are developing at a rapid pace. There is no lie that Gulshan-e-maymar has already gained so much popularity, and an influx of people is resulting in the rise in value. What’s next after Gulshan-e-mayar? It’s Taiser Town. The future belongs here.
Taiser town scheme 45 is divided into two phases. Phase I is offering plots at high rates, but investors can afford them for a better return. You can get a 120 sq yd plot for 600,000 PKR to 800,000 PKR. If you are looking for a low investment oppurtunity, Taiser Town has plots of 80 sq yd which will cost around 400,000 PKR to 500,000 PKR. Compared to Phase I, plots are quite cheap in Phase II. Taiser Town sector 80 plots are available for around 27 lacs.
All the projects are leased by the government which means there is no question about the legitimacy of the project. However, if you want to get it leased in the buyer’s name, you will have to follow a proper procedure that has been set by MDA. The process will barely take a month. Moreover, possession is available in most sectors of Phase I. Most of the development work has been completed and the society is almost in its final shape. However, the development is still underway in Phase II and possession is not available there. You can still get a taiser town scheme 45 plot in 9,000,000 PKR.
In Phase I, you can find residential plots of 80, 120, 240, and 400 sq yd. These plots are located in old sectors that had their balloting in 2005. For the balloting of 2019, only residential plots of 80, and 120 sq yd are available.
- Transfer fees
- 40 sq yd plot - 16,000 rupees.
- 240 sq yd plot - 12,000 rupees.
- 120 sq yd plot - 6,000 rupees.
- 80 sq yd plot - 5,000 rupees.
Taiser Town Scheme 45 is a golden opportunity for investors. We can see the area getting the attention it deserves. The increasing population is creating great value for the property, and it's spreading out of the city as well. If we look at the development in surrounding areas like Gulshan-e-mayar and Garden City, we can undoubtedly say that the value of Taiser Town is about to gain great value. So, make your investment safe here and wait for the best returns.