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Pakistan has vast scope for investment in housing sector - Zameen News

Pakistan has vast scope for investment in housing sector

March 19, 2008 • news

ISLAMABAD: Pakistan offers excellent investment opportunities to national and international builders in housing sector as the country needs massive development in this sector, said Caretaker Minister for Provincial Coordination Dr Muhammad Amjad.

“The real estate sector in Pakistan is flourishing as there is a huge demand for housing in the country,” Dr Amjad said while addressing a gathering for balloting of Top City project situated adjacent to the Motorway and New Islamabad Airport.

The minister said the national and international investors are playing an important role in development of the housing schemes. He hoped that these schemes would be completed according to the schedule given by the builders , developers and the directors of the Top City.

He assured the investors in the housing schemes that the government will fully cooperate with those societies that are fulfilling commitment made to their members.

He said every efforts will be made to make such societies a success without creating any hurdles if they meet criteria set by the government and respective departments.

The balloting ceremony of the Top City was attended by members, property dealers, investors, and representatives of the other segments of the society. The participants appreciated the management of the Top City for allotting plot numbers to the members.

The management assured the investors and members of the housing project that the development work on the housing society will be started shortly.

App [Associated Press of Pakistan]