Real estate
Karachi is located in semi-arid coastal desert area with very limited agriculture land along the two small seasonal rivers, Lyari River and Malir River that pass through the city. Before independence, the area around Karachi had sparse Balochi nomadic and fishing population and most of the land was state owned. At the time of independence, Karachi was chosen as the first capital of Pakistan and the land area came under tight state control. According to the data prepared by the Master Plan and Environmental Control Unit of the Karachi Development Authority (KDA) in 1988, nearly 400,000 acres (1600 kmē) of the 425,529 acres (1722 kmē) that make up Karachi's metropolitan area is in some form of public ownership. Government of Sindh owns 137,687 acres (557 kmē), KDA 124,676 acres (504.5 kmē), Karachi Port Trust (KPT) 25,259 acres (102 kmē), Karachi Metropolitan Corporation (KMC) 24,189 acres (98 kmē), Army Cantonment Board 18,596 acres (75 kmē), Pakistan Steel Mills 19,461 acres (79 kmē), Defence Housing Society 16,567 acres (67 kmē), Port Qasim 12,961 acres (52 kmē), Government of Pakistan 4,051 acres (16 kmē) and Pakistan Railways 3,119 acres (13 kmē). In late 1990s the undeveloped land belonging to KDA was transferred to the Malir Development Authority (MDA) and Lyari Development Authority (LDA).[35] The Defence Housing Authority has purchased 12,000 acres (49 kmē) of land from the Sindh government along the Super Highway and will build Phase II of Defence Housing Society.[36]
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