Pakistan is a very fast developing country and investing in real estate here is a very good choice. We will discuss the best cities to buy property and also introduce you to smartest property portal for real estate business in Pakistan.
The first and most important rule of all is that you should only invest in tested and trialed societies. If one of your investment in smaller societies has given good returns in the past it does not mean the next one will do as well. All private societies are subject to huge risks There is no need for you to experiment even if you believe that it will give you great returns. The reason to select these societies is that they are regulated, they have been delivering to the people of Pakistan for years now and at an average they have given best results in terms of profit in past couple of decades. In addition liquidity in these big societies is good and therefore it is very easy when you wish to sell as buying is not the only thing which should concern you and selling is equally important for good profit taking.
The real estate sector of Pakistan attracts the interest of millions of people across the country. The secure, timely, and healthy returns of investment make this sector one of the most profitable industries of Pakistan. However, working in this industry is surely not a piece of cake. It’s something beyond buying at a lower rate and selling at higher rates. In order to gain handsome rewards, one should know the foundations of real estate investing. It not only involves various intelligent considerations but also a good amount of experience and basic financial understanding.
Since residential and commercial properties are not documented at their current market values in Pakistan, it is an impossible undertaking to determine the worth of the real estate sector. However, FBR released data and industry surveys estimate that the industry is worth around $700 billion (source: Lamudi Real Estate Market Report Pakistan 2015). Real estate and construction, together, account for approximately two percent of Pakistan’s total GDP. Not only does it generate a high level of direct employment, the sector also stimulates demand in more than 250 ancillary sectors, including cement, steel, paint, brick, building materials and consumer durables, to name a few.
Lahore, Karachi, Islamabad, Faisalabad are considered the best cities for real estate business. But there are also a lot of other interesting areas so , to get the bigger complete picture, you should inform yourself on the most complete real estate portal for Pakistan, which is Graana.com.
Graana is a result of simplified essential components of real estate into a more efficient and user friendly portal. We are introducing an extremely transparent and purposeful portal where we will help you buy, rent, sell or even rent out your property, a place where you can sit back relax and let us market your projects and listings. We believe we have set a new standard for the future of real estate in Pakistan by providing the smartest property portal. Read more details at Plots for sale Pakistan.
Our story begins with Shafiq Akbar’s dream of transforming the way Pakistan’s real estate operates. After spending a decade and a half creating a stellar reputation in the UK’s real estate market by completing more than 55 successful projects, he longed to return to his home to encourage professionalism and transparency in the real estate sector.
