Lahore is commonly known as the historical city of Pakistan, and for many, it’s the true HEART of the country with vibrant cultures and traditions. Thanks to governing bodies like LDA for keeping the originality of the city’s rich history for over a millennium while reshaping the overall identity of the city.
Lahore is a city of hospitality, kindness, cultural blend, food streets, art and films, gardens, historical monuments, and whatnot. This city has several names, like the city of gardens, the city of kings, and many more.
The concept of mixed-use buildings is not new, yet we have seen a large number of projects built for diverse purposes. Even in Pakistan, the trend has encapsulated, specifically in Islamabad; you will find spacious corporate offices across big business centers in the city.
If you look at the city’s master plan, there are a couple of malls in Islamabad that are developed to serve multi-purpose propositions. There are so many others that are under-constructed. Also, throughout the country, such developments are underway.
Sooner or later, no matter how well-paid the job is… we all will be retired; what matters is how we plan it. However, if you’re retiring in a couple of years, it’s high time to find better contingencies for a peaceful retired life. One of the best options is property investment.
“The best time to start thinking about your retirement is before the boss does.”
No doubt, retirement is an essential component of the job cycle. And, somehow, a year or two later, we have to start planning it… so why not today?
What investors keep gauging… of course capital gains/rental returns against their investments in real estate. And if they are in Islamabad, one of their go-to neighborhoods would surely be Blue Area Islamabad.
Also called New Blue Area and the heart of the capital city, Blue Area is known to be the commercial hub, with major developments underway.
Why do we invest in real estate… to earn capital gain and/or rental return; talking about commercial real estate in Blue Area Islamabad and Pakistan, the returns/gains are phenomenal.
One may ask, why commercial properties offer better returns than the residential counterpart?
Islamabad is full of investment opportunities… specifically real estate. The federal capital is all set to welcome an influx of residential societies and commercial projects. One of the most-soughed / new commercial project in Islamabad is the New Blue Area.
Being a sub-part/extension of Blue Area Islamabad, this project is located 19 minutes away from its older counterpart. For this development, the area of 170 canal is dedicated to commercial developments.
In Pakistan, no matter how unstable the economy seems, especially to outsiders, the real estate sector is minting dollars. So, before going into details, let us be straightforward… if you’re planning to invest in real estate in Pakistan, don’t wait further, INVEST NOW!
Not only for Pakistanis, but this $3.5tr sector is the most-preferred investment avenue for international investors.
Globally, the real estate sector has evolved tenth-fold and Pakistan is of no exception. According to World Bank, real estate investing in Pakistan contributes around 60-70% ($700 billion) of the country’s wealth.
Some sources suggest the value is more than $ 1200 billion. It highlights the efforts of Real Estate Developers in Pakistan.
In Pakistan, no matter how lucrative the property investment opportunity is, not all the propositions are safe and reliable. We always suggest checking the legal status of properties before investing.
When it comes to legality, go straight to authorities, like CDA, RDA, LDA, and KDA (more on it), and do give these property acts a read before investing in any opportunity in Pakistan.
Do you know 95% of realtors use e-mail, 57% scroll through social media daily, and 69%of them have a website? Yes, even real estate developers have expanded the score of digital modifications and amplifications.
From digital 3D scanning to AI, the future of property development, commercial or residential, seems unstoppable.