Rawalpindi, commonly known as Pindi, is located in Northern Punjab and spans 5,286 square kilometers, as per the official website of City District Government Rawalpindi.
The city holds great importance not only because it plays host to various industries, but also because it is the neighbouring district of Islamabad, the federal capital of Pakistan. The development Metro Bus project, which allows denizens to commute to and from different areas with relative ease, has added another bonus point to Rawalpindiâ€™s growing list of positive attributes.
The housing needs of the growing population, estimated to be 4.5 million in 2010, are catered to by various residential societies. These schemes have been developed with different income groups and requirements in mind.
Like in other cities, Rawalpindi has a mix of homeowners and tenants. The property market here has witnessed uppish trends with the launch of Bahria Town and has been performing really well for the last few years.
Those who cannot afford to own a house look for rental properties, which is why the property for rent in Rawalpindi
remains highly in demand. While rental prices in the city are comparatively lower than those in Islamabad, they are still reasonably high because Rawalpindi is a developed city complete with all basic facilities such as hospitals, educational institutions, areas of recreation, avenues of employment, business opportunities and good infrastructure.
Property rentals vary from one housing society to another. Both the location and the infrastructure of a residential community play a major role in defining the rental values. For instance, even though Bahria Town and Gulraiz Housing Scheme (Phase I & II) are merely a 15-minute drive from Rawalpindi proper, the properties for rent in Bahria Town Rawalpinidi
have a higher rental value compared to the properties for rent in Gulraiz Housing Scheme
. This is because Bahria Town offers better infrastructure and facilities.
It is also worth noting that the location of a property within a particular housing society also plays a role in determining rental price.
Here at Zameen.com, you will find an array of properties for rent in Rawalpindi. Our database is updated from time to time, so will never be out of choices. Feel free to browse the properties and refine your search according to your requirements. Using the portal, you can contact property agents and homeowners from the comfort of your home. We suggest you mention "Zameen.com" while contacting people through the portal.