Investment in High Rise Buildings vs. Plots

As the population in Pakistan is increasing, there has been a massive decline in the residential space in the country. To cater this problem where the investment in plots/house has been very difficult for a common man, the developers had come up with the solution of offering investment in high rise buildings to the people of the country.

In the last few years, the increase in the development of high rise is the sign that it is being preferred by the investors and the real estate sector is seeing a shift in the investment, from plots to high rise buildings.

In the past, the real estate sector of major cities like Karachi, Lahore or Islamabad/Rawalpindi witnessed the high rise buildings where the residential space was very less and there was always issues of accommodation. These high rise buildings are preferred as these type of investments are always less costly and also feature a great number of facilities and amenities under the same roof.

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On one hand where people prefer to invest and live in the high rise buildings where every amenity is easily approachable, on the other hand there are people who don’t like living or investing in high rise buildings settings.

If we compare investment in high rise buildings vs. plots, each option has its own merits or demerits. In this blog, we will discuss about which option is better for investment, high rise buildings or plots?

Which option is better for investment, high rise buildings or plots?

We will now discuss which option is better for investment by the general public.

Investment in high rise buildings:

Investment in high rise buildings has become more popular as the residential space is decreasing in the country and people are facing accommodation shortages. The shortages of land has led to development of the residential societies on the agricultural land. But as this had created the food shortages in the country.

The developers of the real estate had come up with the solution of the high rise buildings where a large number of people can be accommodated in a small space without being congested.

High rise buildings can be as high as the infrastructure allows the buildings to be. In some countries it can be as high to even 100 floors but in Pakistan 10 to 15 floors in major cities are common for residential purposes.

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On each floor, two to three units are available which can accommodate three families easily at once. Due to this, the prices are low for investment in high rise buildings. The people with low budget for residential purposes can easily invest in the high rise buildings anywhere. High rise buildings are now present in every new residential society which offers every amenity and facility of the international standards.

Some residential societies are also offering multi-purpose projects which are also featuring the commercial shops too. These types of high rise buildings are being quite preferred as the residents can easily avail the benefits of commercial area just under their apartment and under the same roof in the high rise buildings.

One of the big advantage of investment in the high rise buildings is that the apartments can be given on rent. Earning stable monthly rent is a very wise choice made by investing in the high rise buildings. This type of earnings does not have to be involved every day, like any other type of earning.

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Now, even the loans for investing in high rise buildings are also higher.

Residential societies like Bahria Town, DHA, Bahria Orchard Lahore, Lake City, Eithad Town, and many more are offering different types of apartments, both in sizes and layouts. People can invest according to their needs and budget.

Investment in plots:

Investment in plots is considered by the people who want to construct their own home, strictly tailored according to their needs or by the people who have higher budget for investment.

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People who invest in plots believe that they can have greater privacy by living in houses, not in apartments where people don’t have much privacy.

Some people also prefer low rise buildings or plot as they don’t have to care for the maintenance of the properties. There is no need to maintain, repaint or any other maintenance including the whole house.

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Size of the family also matters greatly in the decision of investing. If someone lives with old parents, his preference will be to live in a house made on the plot, not in the high rise buildings. Some people in Pakistan don’t like using elevators or taking stairs. So the other options always is investment in plots.

Residential societies like Bahria Town, DHA, Bahria Orchard Lahore, New Metro City, LDA City, Lake City Lahore, Victoria City, Liberty Lands and many more are offering a number of plots in different sizes ranging from 5 Marla plot to 2 Kanal plot in residential category.

Conclusion:

In conclusion, we can say that if anyone is confused about they should invest or which option is better for investment, high rise buildings or plots; it depends on the budget available for investment. And if anyone is investing solely for the residential purposes, the size of the family matters too.

For booking in any plot or high rise buildings in any residential soceity, contact Pakistan Property Services. We provide you better consultations for your real estate matters being the authorized dealers of Bahria Town projects. For further information, you can also visit our YouTube channel where we update regularly to get to know about the new trends in real estate market of Pakistan.

Projects We Deal in:

Bahria Town Lahore
Bahria Orchard Lahore
Bahria Nasheman Lahore
Bahria EMC (Bahria Education and Medical City)
Bahria Town Karachi
Bahria Homes
Bahria Paradise Karachi
Bahria Paradise Villas
Iqbal Villas Bahria Town Karachi
Quaid Villas Bahria Town Karachi
Liberty Commercial
Bahria Sports City Karachi
Bahria Sports Villas different precincts
Bahria Farm Houses
Bahria Golf City
Bahria Heights Karachi
Bahria Apartments Karachi
DHA’s in all cities of Pakistan

Many residential and commercial societies in Pakistan are evaluated carefully to help our clients make the better decision. Pakistan Property Services helps the clients invest in projects with good prospects that depend upon the parent company, developers, location, payment plan, amenities they can have in the desired project.

Lahore:

Lahore is the cultural and economic hub as well as the provincial capital of Punjab. The city is well known for its huge economic opportunities in different sectors. People come from different areas to grab these opportunities and have a residence here. Below the list of some of the top Projects in Lahore:

Karachi:

Bahria Town Karachi is a benchmark within the landscape of Karachi with its world-class excellent-planned society. This society is sketched with an area concept to supply outstanding lifestyle facilities to its residents and can introduce new benchmarks of community development in Karachi. Below the list of some of the top Projects in Karachi:

Islamabad:

Islamabad is nestled against the backdrop of the Margalla Hills. It is a modern, planned city with wide tree lined streets, large houses, elegant public buildings and well-organized bazaars. It is however; always under construction to improve transportation or develop new housing areas for its growing population. The walkways are shaded, safe, and separated from the traffic by rows of flame trees, jacaranda and hibiscus. Roses, jasmine and bougainvillea fill the parks, and scenic viewpoints show the city to its advantage. Below the list of some of the top Projects in Islamabad:

Rawalpindi:

Rawalpindi is an important administrative, commercial, and industrial centre. Its industries include locomotive works, gasworks, an oil refinery, sawmills, an iron foundry, a brewery, and cotton, hosiery, and textile mills; it also produces shoes, leather goods, pottery, newsprint, and tents. Below the list of some of the top Projects in Rawalpindi:

Rawalpindi Ring Road Latest Developments

Faisalabad:

Faisalabad, formerly known as Lyallpur named after the founder of the city is the third-most-populous city in Pakistan after Karachi and Lahore respectively, and the second-largest in the eastern province of Punjab. Below the list of some of the top Projects in Faisalabad:

DHA Faisalabad

Gujranwala:

Gujranwala is a city and capital of Gujranwala Division located in Punjab, Pakistan. It is also known as “City of Wrestlers” and is quite famous for its food. The city is Pakistan’s 5th most-populous metropolitan area, as well as 5th most populous city proper. Below the list of some of the top Projects in Gujranwala:

Multan:

Multan is city of Saints, it is best place to live if you belong to either middle class family, rich family or a poor family. The city is now develop city of Pakistan you can get every life facility here easily at low cast. Multan’s foods are very delicious especially mangoes of Multan are world famous. Below the list of some of the top Projects in Multan:

Bahawalpur:

Bahawalpur lies in the heart of South Punjab and is filled with stories that surround the legacies of Kings, Nawabs and their extravagant lifestyles. Below the list of some of the top Projects in Bahawalpur:

DHA Bahawalpur

Peshawar:

Peshawar is the capital of the Khyber Pakhtunkhwa province of Pakistan. It is the biggest city of Khyber Pakhtunkhwa and is a relatively prosperous city. It is also a cultural and economic hub of Khyber Pakhtunkhwa. The city is famous for its food and tourism as it is one of the oldest cities of Pakistan with a recorded history that dates back to 539 BC. Below the list of some of the top Projects in Peshawar:

Gwadar:

Gwadar, town and seaport, southwestern Balochistan province, southwestern Pakistan. Located on the sandy Nuh headland that juts southward into the Arabian Sea, the town is an important fishing (sardines and sharks) and trade centre. Below the list of some of the top Projects in Gwadar:

Suggestions:

We can see that the Pakistan Real Estate Forecast 2021 suggests investing more in this market as it promises a huge profit in the coming future. The investors should purchase the properties at a low rate so that they can earn more by selling it once the rates are good enough.

Maps of Societies and Projects in Pakistan:

Maps are the only source to view online high resolution 24 hours updated maps of Housing Societies, Schemes, Towns, Villas and Homes in all over Pakistan. Below the list of maps of some of the top Projects in Pakistan:

Investment in High Rise Buildings vs. Plots