Pakistani real estate is an investment haven, but the latest indicators suggest the need for taking education initiatives and development of a regulatory authority to derive further benefits from the sector.
Industry experts are of the view that regulation of the sector should be given primary importance to take it out of the control of non-professional people.
Zameen.com Co-Founder and CEO Mr Zeeshan Ali Khan told The Express Tribune that computerisation of land records and development of a regulatory authority are of great importance in order to bring in foreign investment.
Zeeshan also told the newspaper that many real estate agents are gradually realising the benefits of information technology and eyeing property portals and online advertisement.
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Source: Real estate sector: Need for regulatory authority and awareness - The Express Tribune