Islamabad: The Growing Hub of Real Estate Market in Pakistan
Property experts in Pakistan predict that it is the most favorable time to invest in a property in the country. This is because the real estate activities have taken a leap after the coming of the new government led by the PTI party. Property statistics have shown that there is a consistent increase in properties ever since the new government took over. So, as the country’s economy is moving for stability, the real estate market in Pakistan is slowly progressing as a result of it. The people in the country has put tremendous faith and trust in the government and in fact, the property prices showed a stable trend ever since the former government initiate tax reforms back in the year 2016.
Current Real Estate Market in Pakistan is Showing a Positive Trend
The real estate in Islamabad is reflecting a positive graph after the coming of the new government. The prices are rising at a rapid rate and likely to retain the trend in the coming months as well. The tax reforms of 2016 put an adverse effect on the sale of properties as any investment come over 5 million used to come under the scrutiny of the tax net. However, the sale of those properties that come under the price of 5 million saw a satisfactory trend. The government has also given a node on the selling of state properties. This creates a bright prospect for investors to invest in the country. It is stated that the law and order situation is slowly improving in the country and it will create a lot more opportunities for the investors as they are expecting to get good returns out of their investments. Presently the Real Estate Market of Pakistan is moving for a better condition and many such luxurious and affordable housing societies have come into being which is expected to contribute towards the stabilization of the property market.
Bahria Town is a Renowned Real Estate Undertaking in Pakistan
Bahria Town projects are renowned real estate development projects located across different places in the country. It is mainly designed to meet the real estate requirements of the upper middle class and high-income group families who are looking to live in modern societies with all the luxury facilities. Apart from societies, a lot of land and plots are available in this region for people to invest and build a house on their own. These societies are located in lush green areas with spacious parks and it is one of the reasons for their popularity. Moreover, they are well connected to all the major cities in Pakistan. Many of the top real estate companies in Pakistan are trying to acquire projects in Bahria town where construction is still going in some of them. Several of such other housing societies are being constructed in the outer city areas which are equally attracting investors and buyers. The Bahria town projects give easy access to transport facilities, hospitals, schools, restaurants, roadways, and airports for residents of these areas to have the best of comfort. In the future, Bahria town will be the center of activity of real estate in the country. It has a scope of success because it is a well-planned project and has received positive reviews from the people who are already living there.
Because of the economic crisis that the country is undergoing, the citizens are still not losing hope and these positive vibes will stay longer till the time the government will take up some significant measures. Contacting one of the top real estate companies in Pakistan will help you to invest wisely in the current real estate market in Pakistan under your budget. They are knowledgeable about the local market value of properties and thus help you invest in beautiful residential complexes nestled in the area amidst greenery.