What are the current market trends for buying property in Islamabad?

The real estate sector in Pakistan is one of the most profitable industries. Due to consistent profit and rapid growth, the Pakistani real estate sector has often observed as the best-performing asset during this period.

However, things have changed as Pakistani real estate industry has gone under crisis / recession. Why is Real Estate Sector Going Down in Pakistan?

In this article, we will investigate the causes that have contributed to this downturn, finding answers to questions such as “Why is Real Estate Sector Going Down in Pakistan?” and “what is happening to real estate sector in Pakistan?”

The trend is either small houses for rent, or shops.
It is explained here better…
Investment in Real Estate at Islamabad Pakistan

As a Pakistani, the only safe and lucrative investments available are real estate and Gold.

Buy Real estate or Gold?

Since Gold has reached its upper limit, we are left with real estate. Of all the cities, Islamabad and Lahore are the best-developed cities and the return on investment in real estate assets is the highest. In all the property regions of Islamabad and Lahore, the Defence Housing Authority (DHA) has the highest returns in the long term and zero litigation.

Hence, I will be focusing on investing in the real estate of Islamabad and Lahore and that of DHA.

How to run a successful real estate business

The better methods are:-

Networking:

Finding new properties, purchasers, and tenants can be made easier by developing a strong network of contacts and partners in the neighborhood real estate market.

Marketing:

To advertise your properties, use a variety of marketing techniques, including social media, print media, and online advertising.

Making informed selections requires staying knowledgeable about current market trends, property prices, and laws.

Developing a reputation:

To draw in more customers, deliver top-notch customer service, and establish a solid reputation in the marketplace.

Focusing on a certain region or kind of property will help you become an authority in that field, which will make it simpler for you to find and sell properties.

A professional real estate agent can assist you with all of the aforementioned stages and can also handle legal documentation, which is crucial in Pakistan.

Real estate in Lahore and Islamabad

Conducting real estate business in Lahore, Pakistan, is similar to doing so in other locations, there are a few unique considerations to bear in mind:

Commercial Real Estate in Lahore and Islamabad

Lahore is a significant metropolis with a sizable population and plenty of commercial asset options.

Islamabad just has a few locations with enough buying power and right prices plazas/shops to invest in.

Do not try to put your hard-earned cash in the new high-return schemes that promise you shops in their Malls 5 years down the line while they never complete the project in time.

If you must give your money to such a scheme, then keep the amount small and withdraw it in one year.

Location

Location is crucial when buying or selling real estate in Lahore because the city is known for its culture, education, and entertainment. Properties near educational institutions, hospitals, public transportation hubs, and commercial centers are in great demand and are more likely to sell quickly.

Government regulations:

Lahore is a significant city in Pakistan, and regulations have a significant impact on the real estate market. It’s critical to keep up with any legislation or rule changes that can have an impact on real estate prices or the buying and selling process.

If investing in commercial assets, the better idea would be to buy a commercial plot of about 4 marlas for 6 crores in a busy area and build your 4-story plaza on it for Rs 2.5 Crore. This will fetch you a return in rent of Rs 2 lakh per month.

Or you could buy a shop in the already built and functional plazas of Bahria Town for Rs 3 Crore with a return of 2.5 lakh

Real estate Logos

Canva.com website has free login and already designed templates for a real-estate website.

Try to keep the logo easy to make by hand, so that it can be easily pasted on documents.

Residential Realestate Investment

Only invest in DHA residential property and that too of the “Category” type, if you want healthy returns.

Category residential plots are the ones that are:

  • Possession
  • 45×90 ft dimension
  • Front / back open
  • South Faced
  • Corner
  • Extra Land
  • Not near Nullah
  • Level
  • Height

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