Pakistan’s real estate buying trends for Summer

Buying 08/03/2018

Real estate sector of our country is always fluctuating and there is never a time in the entire year when it can be officially said that the climate of this sector is feasible.

Real estate sector of our country is always fluctuating and there is never a time when it can be officially said that the climate of this sector is feasible!

Pakistan sparked international interest and gained much assistance after signing of the CPEC project, which opened the doors to Foriegn Direct Investment in Pakistan. Pakistan spends a whopping amount of $5.2 billion which reflects that much work is going on.

Well, it is also important to consider the political turmoil which completely worsened the situation of the country’s different sectors last year after the sudden disqualification of the former Prime Minister Nawaz Sharif. Much too many times, the government was held accountable for inflating the budgets of the mega developmental projects, this led to foreign investors losing interest in investing in this country. Well let’s answer the following questions shortly to know about the buying trends for summer:

Which societies are in demand this summer?

Bahria Town and DHA have both taken the real estate market by storm. People are switching from other societies and places to these two top-notch localities. However other societies such as Bahria Orchard, Sukh Chayn, and Model Town are also very much in trend these days.

Who is much likely to invest?

Obviously, a real estate investor! However, it’s not just the agent or a business tycoon who is much likely to invest. You can invest in the real estate sector too. If you are an overseas Pakistani and looking to buy a farmhouse in Lahore or Karachi then browse different categories from ilaan.com to know about the trending properties in town.

With the growing trend of people coming from rural to urban areas, the need for a better housing facility has become a necessity.

What are the benefits of investing in real estate sector this summer?

Our society is a blend of religious and cultural aspects and these two things are the major ingredients for any business marketing decision. Ramadan 2018 is really near which means that real estate agents, property owners, residential societies and commercial societies are all set to put discounts on the products that they have.

Moreover, it also depends on the choice which you make. Say, for example, if you buy a 1 Kanal house in DHA Karachi and then decide to give it on rent, this is a big benefit as rental income will prove to be greatly helpful. If you buy a farmhouse in Lahore and then give it on rent to a wedding management company then good profits can be earned.

Well, the real estate trends are all set to experience a different turn this summer as Ramadan is approaching. ilaan.com is one of Pakistan’s top notch online property portals from where you can find the best properties in town.