Karachi Properties

 

Karachi is the capital of Sindh Province and the largest city in Pakistan. It is the number one business city in Pakistan as well.  With its wide sunny beaches, deep-sea fishing, yachting, golf and horse racing all-year round you cannot get bored here.

As Karachi faces the Arabian sea, it is also a major port, which along with its international airport act as a hub for international trade, transport, manufacturing and commerce. Karachi is the center of commerce although the capital was moved to Islamabad in 1963.  All major banks have their headquarters in Karachi which even has its own stock exchange the Karachi Stock Exchange (KSE).

Karachi Harbor, due to its geographical and strategic location was known as the gateway to Asia. Considered as a safe Harbor since time immemorial. An Ancient settlement, Karachi was a small fishing village in the early Nineteenth Century. Historians identify it with its proximity to a place from where a part of Alexander's Army, boarded the Greek Flotilla in 326 B.C.

The bay also has its tourist side with 'bunder boating'.  Flat boats which you can hire as a group to take you out into the bay to 'catch crabs', which basically means sit and eat pre-caught crabs and local delicacies that they will supply and enjoy any snacks and drinks you've brought along with you.  But it still means that you can purchase the world famous 'I've caught crabs in Karachi' t.shirts!  Be careful with your cameras though, they're very strict that you don't take photos of the military fleet.

Near Karachi are many old cities with more historic sights that can be visited as daytrips.

Karachi has always played host to foreign visitors and most locals will be polite, but it is important to remember local custom and not to offend.  It is best to avoid being out and about in town on Friday afternoons, most things are closed then anyway, so this is a good time to take yourself to your hotel pool or the golf course.

Role in the National Economy:

Karachi generates about 15 % of the national GDP, 42% of value added in large scale manufacturing and 25 % of the revenues of the Federal Government. The city’s economy is large and diverse, and, with largest and most dynamic Industrial complex in the country viz Sindh Industrial & Trading Estate ( SITE ), Korangi Industrial & Trade Estate, North Karachi Industrial & Trade Estate etc. The industries produce a wide variety of goods, from textiles to chemicals, steel and machinery. Karachi offers an ideal location for business. There is scope for expansion of tertiary sector and retail trade. The city has the main offices of Banks, Insurance companies etc.

Karachi is the country’s principal urban center, being more than twice the size of the next largest city. Karachi is also the transport hub of the nation: it contains the country’s two major ports i.e., the port of Karachi and Port Mohammad Bin Qasim as well as Pakistan’s largest International Airport. The city is expected to maintain its dominant role as a major industrial and commercial center over the next decade. Karachi has a vast coastline from Cape Monze in the west to Gharo in the east. Gadani and the Sonmiani Coast of Balochistan adjoining to Karachi have extremely fine beaches, while the beaches and islands of Karachi provide rare opportunities for recreation and tourism. The Arabian Sea is a regional resource for food supplies and deep-sea fishing. 

Climate:

Karachi is located on semi-arid zone but due to marine affects, it enjoys a moderate climate. May and June are hottest months of the year with temperature as high as 43.3 degree centigrade while January is the coldest month with temperature as low as 5 degree centigrade. The mean annual rainfall is about 7 inches. normal">

 

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