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Real estate investment opportunities in Pakistan
Pandemic has been worse to everybody around the world and Pakistan is no exception when it comes to the disastrous marks left by it on the nation’s economy.
The sanity of the government’s strategy lies in the decisions it took, one of which was to decrease the interest rate, as a way to overcome the fear prevalent among every class of this country. The aforementioned step has been thought to directly answer two troubling questions: one related to the overall economy of the country that experienced a steady drop, and the other as to the livelihood of those who earned on the daily basis just to make both ends meet.
The incentive paid off as the boom in the investment trends increased, sponsored chiefly by the citizens of Pakistan and overseas patriots. Everyone related to the soil of this beautiful country in some way reacted smartly and was quick to understand the benefits of their potential investments.
Finding the best property and investing in it is not an easy job, however, and that’s where the serious investors discern themselves from those who are investing for the sake of it. Things that must be considered before investment such as the location of the property and its ability to repay you can make a huge difference.
To solve this problem of investigating the worth of different housing projects and real estate markets in each city, we provide you with a detailed study.
Investment Opportunities in Different cities of Pakistan
Karachi
Karachi is by no means an underdog when it comes to well-established housing projects. The areas for investment in Karachi are beneficial for both residential and commercial projects, which is why every investor should consider starting their investment journey from here.
Housing schemes such as DHA and Bahria, bearing the history of real estate giants, offer opportunities to invest in a range of establishments such as residential and commercial plots, shops, apartments, villas, and homes. Talking about architecturally unique establishments, multipurpose projects that involve houses, shops, and offices in a singular project await their potential suitors, who are increasing in number day by day.
One of the key strengths of these two colossal projects remains in their ability to attract big-money players, most of which are overseas who are warmly welcomed and encouraged for their daring inputs. The standards of the properties, housed by these two and opened for all sorts of investment, are comparatively much higher than what the rest of the real estate businesses have to offer, which is they are the hub and center of everyone’s attention.
The booking in these estate developments roughly begins at 2 Lac (0.2 million) PKR, and prices tend to rise based on the nature of the property such as area, size, and type.
Lahore
Lahore, known as the city of gardens, also bears a sort of similar trajectory of estate growth like Karachi, but with one key difference that dictates and distinguishes the overall aura of the entire city. The separate sectors, in order to meet the residential and commercial needs of this historical city, generally tend to tell us that Lahoris are accustomed to calm and peaceful surroundings, which is why they avoid the housing projects near commercial set-ups.
The investment trends of locals have been quite artistic for the last couple of years. More city dwellers are putting their money in cafes, fast food places, and other eateries which are thematically inspired by vintage, bohemian, retro, and modern styles. The overall rise in such establishments is forcing investors to entertain such attractive business ideas before investing giant sums into some dull commercial or residential project.
Multan
City of saints couldn’t have been out of the spotlight for long as a number of housing schemes such as DHA, Buch Villas, Wapda Town, Model Town, and City Housing are doing a great job at meeting the residential needs of the city. There has been a commercial sector in place as well to propel the economic growth of the city to new heights.
Investors are stunned by the Return on Investment (ROI) percentages they’ve had from their initial projects in this city, and the arrival of new estate schemes imply that they are here to stay, which is why they see Multan as a level ground where they can grow their businesses much like the estate giants like DHA and Bahria.
The citizens, previously in the favor of translocation, are ditching any such idea of moving out of their home city in the search of their dream house. They are welcoming the new estate developments with open arms, a sign that investors should ignore this city at their own risk.
Islamabad/Rawalpindi
Of any investor who understands the estate industry of Pakistan and Twin Cities, known for their serenity and natural habitat, are always the first destination the collective taste of the communities from all over the country.
The high ROI and rental income are chief benefits that are most likely to happen for investors here more than in any other city in Pakistan, which is why we see top players always seeking a plot or two in these cities before they turn interested somewhere else.
The development of ring roads in twin cities will result in Bahria town being linked with the city center. This development will facilitate the dwellers of BT to access the city center with a drive
DHA, also known as Defense Housing Authority, a firm administered by the Pakistan Army for the mission of providing houses to retired military personnel, is also open to the civilian sector of Pakistan. Bahria town, however, is the oldest estate development, based in Islamabad, was founded in 1997 by the prominent national tycoon Malik Riaz.
These two lead the chart for the most part when it comes to attracting most investors, and have been responsible for bringing in the revenue to the estate industry more than any other scheme operational in the country.
Below are the links to the official websites of these two and some other residential estate business companies.
Bahria Town
https://bahriatown.com/
DHA Islamabad
https://www.dhai-r.com.pk/
DHA Lahore
http://www.lahoredha.com/
DHA Karachi
https://www.dhakarachi.org/
Bahria Orchard
https://bahriatown.com/bahria-orchard-lahore/
