This is the first precinct that starts even before entering Bahria Paradise. From precinct 16 along the route for Paragon Tower, this is precinct 47. This precinct has a cutting of 250 square yards, and it is one of the ideal precincts of Bahria Town Karachi after precinct 16. For those who are unable to buy in precinct 16, then this precinct is a good option. As it is very close to the main Jinnah.
At the moment, the average price of plots is around 75 lacs and above. In front of precinct 47, there is precinct 49 of Paradise, and one can have a view of Green Park from this precinct. This is one of the most active precincts of Bahria Paradise right now. As buying and selling are taking place in quite a large numbers. Precinct 47 is a hot choice for investors. One of the reasons for increasing rates is the construction of villas. Development work has been completed in this precinct. This precinct is one of the recently developed precincts. And it has come to the limelight after the possession of Paradise Villas. After this possession, the prices jumped to new highs. This increase in prices is true for the 500 square yard plots of precinct 51 and Paradise Villas.
Some of the plots here in this precinct are even quoted 90 Lacs in the market. It is the best time for those who are interested to buy plots for investment purposes. And those who have already have their plots here are advised to hold for some more time. The reason for investing at present is that there is a phenomenon of correction taking place in the market. As some of the precincts got overpriced. This correction is also occurring with some plots of Paradise and precinct 47. Therefore, investing at the moment will be the right decision. Even one can get a good return on short-term trading by holding a file for 2 to 3 months. From this precinct, one can also have a view of the Grand Mosque and Ali Villa. There is no depression area in this precinct.