Real estate investment in Pakistan is a great way to produce passive income. The growth in Property Projects in Pakistan is a way to build upon the wealth of an individual. The growth of the property market depends on several factors such as buyer’s interest, demand, property taxes, and legislation.
Real estate development and properties in Pakistan are distributed in different regions. While each region is unique for its offerings and investment options, the top three cities for real estate investment in the country — Karachi, Lahore, and Islamabad — are the most famous cities for Real estate properties.
KARACHI:
Karachi is the main economic hub of Pakistan and hence it holds a significant position in the real estate sector of the country. The city has a huge diversity featuring a range from high-end to low-income neighborhoods. The commercial property of the city primarily consists of high-rise apartments as well as a house or a vacant piece of land for sale. Famous real estate investment areas in Karachi include Scheme 33, DHA defense, and Gulistan-e-Jauhar.
Scheme 33 maintains the top position when it comes to buying properties in the city of lights. Scheme 33 is located on the Karachi- Hyderabad motorway. This location provides affordable investment options to the residents of Karachi. Scheme 33, Karachi spans over an area of 26,026 acres, and it is expected to execute around 137 housing schemes. Out of which a lot have already been developed with houses and apartments.
DHA Defence, Karachi is considered to be a near-perfect location for real estate. Housing Projects in Karachi executed in Defence Housing Authority are considered among the most secure residential areas across the country because of strict laws against expansion and encroachment, the housing schemes in this area come with a guarantee. DHA defense is located in the center and hence it is accessible from any corner of the city. It is located near to the Sea-view. Schools, hospitals, religious centers, malls, commercial markets, parks, and other such facilities are scattered everywhere in the area.
Gulistan-e-Jauhar is mainly known for featuring affordable housing units. It has an abundant supply of electricity, water, and gas which makes it a reliable location. It also has abundant recreational facilities and commercial markets.
LAHORE:
Lahore is famous among real estate investors because of its historical buildings and affordable land. Famous real estate areas in Lahore include DHA, Bahria Town, and Raiwand road with DHA topping the list.
DHA Defense in Lahore is famous among investors due to its security, well-planned infrastructure, and accessibility to all recreational and commercial facilities.
Bahria town in Lahore is an attraction for both investors and property hunters. It is a gated community that has a contemporary infrastructure, well-planned commercial areas, recreational facilities. This makes it an ideal locality for families with children.
Raiwind road mainly comprises of low-cost housing schemes in a peaceful location. Developing societies are situated with the most modern standards of lifestyle.
ISLAMABAD:
Real Estate Properties in Islamabad are famous among developers because it is not only a green city but also is considered the safest because of its international and national importance. It is home to many diplomats, international embassies, and UN workers and hence has proper law enforcement, even in the field of real estate. DHA, Gulberg, and Bahria town in Islamabad have a significant role in the real estate market.
DHA Defence ranks first on the list of the best areas for real estate investment in Islamabad. It is located on National Highway (N-5). It is famous due to its infrastructure, accessibility, and security. It also has community parks, international schools, and carpeted roads. The place offers completely safe and modern real estate units at competitive prices.
Gulberg in Islamabad is located on the fringes of the Islamabad Expressway and has undergone recent expansion. The project features attractive packages for both buyers and investors. Residential units in Gulberg have a variety of international-standard and affordable investment options with recreational offerings, a wide network of roads, clean and green spaces.
Bahria Town, Islamabad attracts a lot of buyers because of its ordered infrastructure, educational institutions following international standards, preventative and emergency facilities, vigilant surveillance systems,ultra-modern architecture, etc.
These are few areas within the main cities of Pakistan that serve as the active sites for most of the real estate agents and have earned a reputation among both the investors and buyers.
