• DHA, Clifton residential plots up 25-50pc; commercial plots surge 25-75pc

• Industrial investment in Karachi remains weak; investors shifting to Nooriabad, Jhampir

KARACHI: Property prices in Karachi have increased over the past two years, but the gains have lagged behind the unexpected returns in equities and gold.

Investors have been drawn to bullion amid global uncertainty, including market swings linked to US President Donald Trump’s shifting stance on tariffs and threats of military action against various countries.

Pakistan’s stock market has also posted strong gains over the past two years, repeatedly setting new highs amid political and economic developments, lower interest rates and investor reluctance to hold US dollars.

One tola gold on Jan 1, 2024, was available at Rs219,700 as compared to the current price of Rs526,962 on Saturday, reversing from a record peak of Rs572,862 on Jan 29, 2026.

On Feb 13, the KSE-100 Index closed at 179,603.73 points, almost three times higher than its level of 64,661.78 points on Jan 1, 2024.

Muhammad Shafi Jhakvani, vice president of the Defence and Clifton Association of Real Estate Agents (DEFCLAREA), said the prices of DHA and Clifton residential plots have increased by 25-50........

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