Investing in Grove Residency, Karachi: What’s on Offer?

Want to invest in Karachi’s real estate market with a reliable developer? Consider the facilities, amenities, and investment options offered by Grove Residency, Karachi—a project in DHA Phase 7 Extension by the renowned Dolmen Group. Here is all you need to know about this amazing investment opportunity in Karachi.

ABOUT GROVE RESIDENCY, KARACHI

Three Towers of Grove Residency, Karachi
The Residential Towers of Grove Residency, Karachi

Grove Residency is the latest venture by the Dolmen Group. It is a residential project comprising three tall towers and a range of public amenities. The project is being designed by award-winning architectural firm, Arshad Shahid Abdulla (ASA), who have previously completed architectural masterpieces such as the Dolmen City Mall, Tabba Heart Institute, CDC House, and several others.

The three residential towers will vary in height, spanning over a minimum of 25 floors each, with Towers A and B hosting four apartments on each floor, while Tower C will see three apartments on each floor. The residence aims to offer a comfortable lifestyle with a range of amenities in DHA’s prestigious location.

LOCATION OF GROVE RESIDENCY, KARACHI

Location of Grove Residency, Karachi
Grove Residency is Located in DHA Phase 7 Extension

Centrally located next to the KPT Interchange at the beginning of DHA Phase 7 Extension, Grove Residency, Karachi, offers convenient road links to all parts of Karachi. The project touches populated areas like QayyumabadKorangi TownManzoor Colony, and Mehmoodabad, along with enjoying proximity to the Korangi Industrial Area, Shahrah-e-Faisal, Khayaban-e-Ittehad, Shaheed-e-Millat Road, and other major thoroughfares.

The location of Grove Residency, Karachi, also places it directly opposite Imtiaz Super Market’s DHA branch, while Dolmen Mall, Clifton, is about 20 minutes’ drive away for all your essential shopping needs.

FEATURES OF GROVE RESIDENCY, KARACHI

With the aim to make you feel ‘at home’, Grove Residency offers the following features:

  • Safe and secure community living
  • Gated entrance and exit points
  • 24/7 CCTV surveillance
  • Secured lobby for each tower
  • Reception desk
  • Intercom-based visitor management system
  • Three high-speed elevators for each tower
  • Three dedicated floors for Indoor car parking for residents
  • Separate parking area for visitors
  • Dedicated parking spaces for people with special needs, along with wheelchair ramps
  • Fire-safety features on every floor, such as fire alarm, fire-fighting equipment, and emergency exits
  • All apartments are bright and well-ventilated corner apartments
  • Backup power generators
  • Separate prayer areas for men and women
  • Dedicated laundry area for the complex

FACILITIES AND AMENITIES AT GROVE RESIDENCY, KARACHI

Along with the above-mentioned features, here are some of the top amenities at Grove Residency:

  • Community hall
  • Gym and fitness centre
  • Indoor children’s play area
  • Convenience store

However, below is the most unique feature of Grove Residency, DHA:

ELEVATED COMMUNITY GARDEN

Grove Residency Garden
The Planned Garden on the 4th Floor

What sets Grove Residency apart from other projects is the developer’s desire to surround residents with natural greenery, in spite of living in a high-rise. The apartment buildings will, thus, be connected together at the base with a large communal park, spread over nearly 30,000 square feet, on the 4th floor of the entire complex, after three floors of parking. The park will have modern landscaping as well as walking tracks, cafés, and seating areas to enable you to enjoy peace, serenity, and amazing views, all at once without any inconvenience.

INVESTMENT OPTIONS AT GROVE RESIDENCY, KARACHI

Grove Residency features corner apartments of 3 bedrooms each, with Towers A and B comprising four flats per floor, while Tower C hosts three units on each floor. The apartments offer spacious interiors, including a lounge, kitchen, dining room, as well as a separate area to accommodate your hired house help. Built-in storage closets and wardrobes will also help you store your belongings easily inside the flat, but a dedicated storage room is also included with each apartment.

The price for an apartment for sale in Grove Residency differs from tower to tower. Tower A features 2,200 square feet to 2,300 square feet of living space, while Tower B provides apartments of 2,300 square feet to 2,500 square feet. Tower C is the most spacious, in terms of living space, containing apartments that are spread over 2,500 square feet to 2,700 square feet.

Thus, investing in Grove Residency gives you an approximate living space between 2,200 square feet to 2,700 square feet, based on your chosen floor plan. Average prices for a flat in Tower A are PKR 3.60 crore, while Tower B offers apartments for sale at PKR 3.75 crore to PKR 3.85 crore on average. The average prices for an apartment in Tower C are PKR 3.80 crore to PKR 4.10 crore.

PAYMENT PLAN FOR GROVE RESIDENCY, KARACHI

A convenient 3-year payment plan is available for investing in Grove Residency. Initial booking in March 2020 is being made for PKR 4 lakh, and PKR 2 lakh will need to be paid a month after the booking (in April 2020). The instalments will begin at a rate of 7% from May 2020 onwards, being payable in July, October, January, and April of every following year for 3 years. The final instalment will be paid in January 2023, when the flats are handed over to owners for possession.

DEVELOPMENT UPDATES FOR GROVE RESIDENCY, KARACHI

The plan for the complex has been designed, and the construction is expected to begin in April 2020, with completion expected in 3-years’ time.

You can visit Dolmen Group’s head office for more details at:

17th Floor, The Harbour Front, Dolmen City, HC-3, Block-4, Marine Drive, Clifton, Karachi.

Or give them a call at 021-35291411.

ABOUT DOLMEN GROUP

Grove Residency by Dolmen Group
Dolmen Group is a Leading Developer in Pakistan

The Dolmen Group is one of Pakistan’s leading real estate companies, with a large portfolio of projects since 1984. It is known for its high-quality development, management, and construction of the projects it undertakes, ensuring international standards are met to ‘reshape lives’. Dolmen Mall, The Harbour Front, The Executive Tower, and The Hotel & Sky Tower at Dolmen City, Clifton are just some of the group’s major projects. Dolmen Mall at Hyderi and Tariq Road also offer high-end retail shopping experiences to shoppers from across Karachi.

Now that you know all about this unique investment opportunity in Karachi, look up the different apartments for sale, and make a smart decision for a luxury lifestyle. Keep reading up on different luxury-living projects in Karachi on My Blog. You can also reach us at kashifabidqureshi@gmail.com if you have any queries or suggestions.

*[All images for this post have been sourced from the official website and Facebook page of Grove Residency]

Kashif Qureshi
Salam! I am an i-National Marketeer, Business Developer & Realtor Pakistan with a great career history of 19 years. Having lived, studied and worked in multiple countries, I am multi-lingual and I welcome you to my website.

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