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Real Estate Market Performance in the Coming Months | After Eid May 2024

Mostly the investors who like to invest in Real Estate properties in Pakistan are overseas people. They are always concerned about the current market situation, the country’s political situation, and how it will affect the real estate business. Today, we will discuss Real Estate Market Performance in the Coming Months in our article.

Where is Real Estate Standing Right Now?

There is a period of trend in every real estate tenure. The Lahore real estate trend is high-rise. The high-rise buildings have luxury apartments and shopping malls including different outlets. Every society is in need of such shopping malls and apartments.

Bahria Town Lahore is a fast-living society. More than 4 sectors have more than 80% occupancy. They have offered more than 4 sectors of which two were offered recently which will take time. While the other two are under construction. Bahria Management has proposed lands for the high-rise buildings in the new sectors. We have received an amazing response as the apartments offered exactly what the people wanted.

Scope of High-Rise Building in Lahore

High-rise buildings in Bahria Town Lahore are the new trend. If you invest in properties of developers who have a credible history in the real estate market, your investments will definitely be worth it. This trend has been set because house prices have increased immensely as Bahria Town itself wasn’t offering such deals. The management handed a few pieces of land to the best developers, so the investors get the choice to invest in deals that have a time period of 3 – 4 years.

There was only plot investment in Bahria Town Lahore, 4 – 5 years ago and the only option that was available was cash payment. If you purchase a 5 Marla plot, you have to provide a lump sum amount of 1 crore rupees. But when it comes to apartments, you can pay 10 lacs rupees as down payment. The rest of the amount can be paid in the coming 42 months.

ROI form Investment

The return on Investment in today’s real estate if talking about a 3-year installment plan is very high. The scope is to check how much return you are getting after investing in a specific property. The apartment that was previously 35 lacs rupees, has an ROI of 1 crore rupees today. TheWith thew prices of apartments keeping in mind the material, the land cost will increase. So definitely, you will get an amazing Return.

Benefit from Real Estate in 2024

Many new projects are under development or soon to be launched by Bahria Town and with inaboration with other developers. All these projects are facing huge demand in each category, whether residential or commercial. Seeing this huge demand, it can be noticed that people who have a little saved up want to invest in a good real estate project to benefit from it at a later date in the future.

Benefiting from future real estate projects involves strategic planning, thorough research, and a willingness to take calculated risks. Here are some steps you can consider:

Market Research

Stay informed about upcoming real estate projects in your target area. It includes understanding the demand-supply dynamics, projected growth trends, and demographic shifts that could impact the market.

Identify Growth Areas

Focus on regions or neighborhoods with high growth potential. Look for areas undergoing infrastructure development, urbanization, or revitalization projects that can boost property values in the future.

After assessing the whole situation, it can be considered that investors should invest as soon as possible as the rates are low. If these rates increase even by a fraction, then it will be a very huge jump in prices.

For a more accurate forecast, it’s important to consult real estate experts and analysts who have access to up-to-date data and insights specific to Pakistan’s market conditions. Pakistan Property services have hasng history of successful future forecasting and many investors and our clients have benefited by investing on ouinsuggestion.

Contact Us Today

You can contact Pakistan Property Services to book any property. We provide better consultations for your real estate matters as the authorized dealers of Bahria Town and Etihad Town projects. For further information, you can call +92 321 111 2508 or visit our YouTube channel Pakistan Property Services, where we regularly update you to learn about the new trends in the real estate market of Pakistan.

Projects We Deal in:

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:

  • Gulberg Greens Islamabad
  • Al Hafiz Grand Shopping Mall Gulberg Islamabad
  • Naval Anchorage Islamabad
  • Nexus Mall Islamabad
  • Mall of Arabia Islamabad
  • Discovery Gardens Islamabad – All You Need to Know
  • Nexus Mall Islamabad – Bahria Town Islamabad
  • Park View City Islamabad
  • Verify Land Status from Property Verification Centre 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:

  • Blue World City Rawalpindi
  • Citi Housing Rawalpindi
  • Faisal Town Rawalpindi

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:

  • DHA Gujranwala
  • ARY Laguna DHA 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:

  • DHA 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:

  • Naval Anchorage Gwadar
  • Canadian City Gwadar
  • Gwadar Golf City

Suggestions:

We can see that the Pakistan Real Estate Forecast 2024 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.

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