Shahrah-e-Firdousi – All You Need To Know!

Shahrah-e-Firdousi is one of Karachi’s most well-known arteries. It is located in Clifton and stretches between Bilawal Roundabout (near the Bar-be-Que Tonight Restaurant) and the intersection of 26th Street and Ibn-e-Qasim Park Road.

The presence of Park Towers, an upscale mall, the Ibn-e-Qasim Park and South City Hospital, as well as several small commercial enterprises along Shahrah-e-Firdousi ensures that it witnesses a lot of traffic – day and night.

Two new Real Estate Projects have been established there recently in the form of multi-storeyed, commercial/residential buildings; they are located at either end of Shahrah-e-Firdousi i.e. Com3 Mall & Residential Towers and Bahria Town Icon Tower

• Boundaries: Boat Basin Park (North), Old Clifton (East), Shahrah-e-Attar (South) and Marine Promenade (West).
• What is nearby: Sea View Beach and Boating Basin (a 10-minute drive) and the Mohatta Palace Museum (a 5-minute drive).
• Nearby restaurants include: Aylanto, China Kitchen, Olivetto’s and Xander’s,
• Nearby recreational/shopping venues include: National Sailing Centre, PALPA Club House , and Tauheed Commercial Area.
• Nearby hospitals include: Aga Khan Medical Services, Park Lane Hospital and Dr Ziauddin Hospital.
• Nearby educational institutions include: Convent of Jesus and Mary, Dr Ziauddin Medical College, Indus Academy, Indus Valley School of Arts and Architecture and Karachi Grammar School.

Pricing

• Purchase price range of commercial property:
  • Retail Outlets: Rs 40,000~125,000 per Square Feet
  • Offices: Rs 10,000~13,000 per Square Feet.
• Monthly rental ranges of commercial property:
  • Retail Outlets: Rs 250~600 per Square Feet
  • Offices: Rs 90~120 per Square Feet
• Size range of commercial spaces in the two new real estate projects: 35~1,135 Square Feet.
• Sizes of residential spaces in the two new real estate projects include: 3,819, 4,039, 4,350 and 5,314 Square Feet.

Note: This article is written by Mr. Muhammad Shafi Jakvani, CEO – Citi Associates. All the information in this article is up-to-date till 12th November, 2012. This article was originally published in DAWN Real Estate Advertiser.