When Fazaia Housing Scheme Sargodha was launched it was received with much excitement on account of the outstanding performance of Fazaia Housing Karachi. There was hope that it would perform in similar ways. While the situation didn\u2019t exactly turn out that way, Kings Real Estate CEO, Hassan Basra recounts, Fazaia Housing Scheme Sargodha has been moving forward towards its goals nevertheless. Our last update on Fazaia Housing Scheme Sargodha discussed the previous situation, so here is the latest about the society.<\/p>\n
Market Trends<\/strong><\/p>\n The road hasn\u2019t been particularly smooth for the society in the past year, according to Basra. The market has been slow and the prices haven\u2019t seen much growth, if at all. This can be attributed to various circumstances that the society and the real estate market in general has faced, Basra added.<\/p>\n However, according to Rana Muhammad Saleem from Rana Estate Deal, none of these issues are significant enough to affect the society for long. Meanwhile, a reputed real estate agent felt that the situation has recently improved as a result of the developer\u2019s efforts and adjustment plans that the society had launched last year.<\/p>\n Development<\/strong><\/p>\n Initially, the development had been fast-paced, Basra stated, following as it did on the heels of much fanfare for the society. However, he felt that the development has been rather slow in the last year. Nevertheless, the gate has been installed and the main boulevard completed. A park has also been developed and streetlights installed on the main boulevard. So things have been moving forward for the society.<\/p>\n Similarly, Basra reported that a map had also been launched by the society, which was being used to\u00a0 begin allotting the plots to buyers. Finally, Basra also said that most of the land for the society has been acquired which is good news for everyone involved.<\/p>\n