ISLAMABAD – Since the beginning of 2015, experts at HomesPakistan have been receiving a number of queries from potential property investors and website members regarding the performance of Pakistan real estate sector in this year.
Where to invest, what will be real estate investment scope, who will dominate the market, and how to get maximum Return on Investment (ROI)?
What does this all mean, what is expert’s point of view regarding it and how one can get there?
Let’s get expert’s take on the given subject.
Where to Invest: Karachi real estate market seems to win the competition as nowadays, two major projects i.e. DHA Karachi, and Bahria Town Karachi are in the development phase.
Majority of wealthy investors, potential property buyers and elite class of this metropolitan city tends to invest in one of these residential societies. Tremendous activity has been witnessed in Bahria Town Karachi that has outshone other high-end developments in the country.
Furthermore, Lahore real estate market poses to offer several classic investment options both for middle and upper class such as Lake City, Bahria Town, DHA and LDA City. A sudden drop in property prices in Bahria Town Lahore has been observed but this drop attracted a number of new investors, willing to buy plots there in Lahore.
When it comes to Islamabad real estate market, it is one of those cities where property rates have always been increasing consistently and properties have always been relatively costlier than the rest of country. Most of the property buyers from elite class pick the federal capital, whenever they plan to shift to any leading city within Pakistan. However, as per experts, in 2015 investors will shift their focus towards less developed CDA managed property projects or newly launched residential societies in Zone II for capital appreciation and promising returns.
Areas like I-14 will remain high in demand and societies like Fazaia Housing Scheme, Tarnol and Army Welfare Trust will be hot investment options.
What are the investment goals? Based on the investment goals, one can decide in which kind of property he should invest. For instance, if you want to create a monthly cash flow, then you must invite in a rental property in Lahore, Karachi or Islamabad, whereas, if your goal is just to build equity, you can invest in 5 marlas plots in Lahore, Karachi or Islamabad. Moreover, if you want to have a property to use from time to time, when you go out of town, you can buy a home in other city. You can rent it out to other people as well in your absence or sell it at profit.
Why to invest here: Upon fractional analysis of the historical data, one thing has become clear that real estate proves to be the only secure investment sector in Pakistan. Except few temporary and timely downfalls, this sector seems to be hardly affected by the country’s political and economic situation, as it always shows an upward trend when it comes to earnings. People invest in this sector for sure capital appreciation; be it in short or long run, investment security, financial growth and to have an additional source of income.
Who will invest in Pakistan real estate sector? Developers have come up with countless new residential and commercial projects around the country and the sector has potential to grab genuine investors and serious property buyers. Experts at HomesPakistan are of the view that in 2015, the ratio to generate business from the new investors planning to enter the market will remain more than the pros. Property developers and agents must target this market and devise strategies to grab their interest and bring them on board.
After reading all these points, now you have become fully aware of what, where, why and who of Pakistan real estate sector in this year. Remember, this is the time when you can maximize your investment portfolio and profits only by being an educated real estate investor. Having any kind of query regarding investment in this lucrative sector? Homespakistan.com will surely help you get the real knowledge of this field. Be with us and learn the best investment practices.
Do you have information you wish to share with PakistanTribe.com? Email our News Desk to share news tips, reports and general feedback. You can also email the Blog Desk if you have an opinion or narrative to share. Follow PakistanTribe on Twitter Follow @PakistanTribe and Join us on Facebook