Commercial Property in Quetta
Quetta is the capital of Baluchistan and the ninth largest city of Pakistan. Demand for commercial property there has increased by approximately 25% in the last four years. Consequently, property prices have increased by nearly 35%. There are many areas of city where you can invest your money in commercial property but we have identified some prime for our readers.
Major Commercial Property Hubs in Quetta for Investment
If you are thinking about investing in property in Quetta, here are three commercial hubs that you should consider;
Dr Bano Road Quetta
Dr Bano Road is small commercial pocket located near MA Jinnah Road. It is best known for large scale pharmacies and stores that deal in surgical instruments. Property options include retail outlets and office space in low-rise buildings. Followings are the key information for investors in Dr Bano Road Quetta.
- Sizes (ships and office space): 500,800 and 1000 square feet
- Purchase price range: Rs 40,000-45,000 per square foot
- Monthly rental range: Rs 70,000 – 75000
Liaquat Bazaar Quetta
Liaquat bazaar is located on Shahrah-e-Liaquat and is accessible via Prince Road. One of Quetta’s oldest bazaars, it was established in 1935. Property options primarily include standalone shops, where electronic appliances, fabric, home accessories, shoes and toys can be sourced. Sarafa Market (Gold Market Quetta) is located within Liaquat Bazaar and is popular due to the presence of jewelry stores. Check out the key details for investors in Liaquat Bazaar Quetta.
- Sizes (Shops): 500 and 600 square fee
- Purchase Price Range: Rs 90000 to 75000 per square foot
- Monthly Rental Range: Rs 40000 to 120000
M.A. Jinnah Road Quetta
MA Jinnah Road stretches between Chiltan and Zarghun Roads, and is Quetta’s most popular commercial hub. This is due to the presence of banks, eateries, educational institutes, offices and stores dealing in myriad items including antiques, carpets, dry fruit, electronic appliances, fabric and footwear. Property options include standalone shops, showrooms and office space. A shopping mall is under construction and dealers predict that once completed property prices on MA Jinnah Road will increase by at least 10%. Followings are the Key details for investors who are looking to invest money in MA Jinnah Road Quetta.
- Sizes (Shops, showrooms and office space): 500, 800, 1000 and 1200 square feet
- Purchase Price Range: 45000 to 50000 per square foot
- Monthly Rental Range: Rs 100000 to 150000