Peshawar is the capital of Khyber Pakhtunkhwa, which is covered with mountains. It is the largest and oldest city in Pakistan, founded in 300 BC. Peshawar has a rich history and heritage, that is why houses in Peshawar are noteworthy in today’s real estate market.
As the provincial capital and largest city in Khyber Pakhtunkhwa, it serves as a vital economic and executive center. Its strategic position just east of the Khyber Pass, an ancient trade route, has historically linked it to major civilizations and trade networks.
Have you ever wondered why New Peshawar Property Projects are so exciting to investors? Many factors contribute to explaining why Peshawar real estate is taking off.
Living in Peshawar
Peshawar is known for its pleasant climate and beautiful architectural sights, such as the Cunningham Clock Tower. Unfortunately, in recent years, Peshawar has experienced significant economic growth, which has resulted in a housing shortage.
The demand for houses in Peshawar is increasing rapidly, and new housing societies are developing, such as Corniche Enclave and Prime Town Apartments, which are meeting the demand.
In previous years, Peshawar was not a good location for property investment, but now the situation changed when DHA Peshawar came to this city. They offer new housing projects and investors for both Pakistanis and overseas.
In the beginning, investors and property dealers expected the prices of property in DHA Peshawar to be down, as is natural throughout any project development. However, the prices of DHA housing society are increasing gradually. During the British Raj, Peshawar was made into a military cantonment, but now it is both a modern, metropolitan city and a major administrative center and economic hub.
Cultural Heritage and Landmarks
Peshawar has a rich cultural heritage that reflects its diverse historical influences. Below are some famous landmarks:
- Mahabat Khan Masjid, which was built in 1670 AD, is a stunning example of Mughal architecture with intricate tilework and a grand prayer hall. It is a city’s historical Islamic influence.
- Sir Cunningham Clock Tower, built in 1900 AD, is a famous landmark of Peshawar that displays the British Raj’s architectural legacy.
- Shahi Bagh, established during the Mughal Empire, is a historic garden known for its quiet environment and beautiful landscaping.
- Bala Hisar Fort was constructed in 1930 AD.
- Bab-e-Khyber was built in 1964. This memorial symbolizes the gateway to the Khyber Pass and serves as an important historical and cultural marker.
- Jamrud Fort was established in 1834 AD. This fort plays a significant role in the region’s defense history and marks the entrance to the Khyber Pass.
Sale Price Trends for Houses in Peshawar
House prices in Peshawar differ depending on location, size, and luxuries. The following ranges provide an overview of the current market:
- 3 Marla: PKR 55 Lakh – 2.3 Crore
- 4 Marla: PKR 1.2 Crore – 2.25 Crore
- 5 Marla: PKR 65.5 Lakh – 3.8 Crore
- 6 Marla: PKR 1.6 Crore – 3.5 Crore
- 7 Marla: PKR 1 Crore – 5.15 Crore
- 8 Marla: PKR 2.8 Crore – 8 Crore
- 9 Marla: PKR 3.5 Crore – 4.8 Crore
- 10 Marla: PKR 2.7 Crore – 7 Crore
- 12 Marla: PKR 3.5 Crore – 6.5 Crore
- 14 Marla: PKR 6 Crore – 6.9 Crore
- 1 Kanal: PKR 3.8 Crore – 15 Crore
- 2 Kanal: PKR 10.5 Crore – 20 Crore
Why Invest in Peshawar Real Estate?
Investing in Peshawar real estate offers a range of benefits, making it an attractive option for investors, property dealers, and overseas. Here’s why:
- Historical Significance
- Economic Development
- Increasing Demand for Housing
- New housing societies
Crystal Pakistan is the largest property portal in Pakistan, featuring a huge line-up of properties in Peshawar. You can directly contact us or our agents in Peshawar, who know the property market value. So, if you are looking for Peshawar homes or old houses for sale in Peshawar, then crystalpakistan.com is the best platform to fulfill all your property needs.