Real estate itself is a billion-dollar industry. According to a research About 90% of the millionaires all around the world earned money by investing in real estate.
Pakistan’s GDP is expected to rise by 5.07% in the next decade
According to Harvard University, Pakistan’s GDP will rise to 5.07% in the next decade. Rise of GDP means more jobs and more jobs means need of accommodation. There are more chances that the market would become competitive. Therefore, there are more opportunities to expect in terms of real estate investment as well. Investing in real estate at this time would definitely benefit in the coming years.
Naya Pakistan Housing Scheme
As far as residential projects are concerned there are many modern housing societies that are in progress and are close to completion. Moreover, the government of Pakistan has also launched a housing scheme called ‘Naya Pakistan Housing Scheme.’ All these projects and development refer to one thing the real estate market of Pakistan is at its peak right now.
Real Estate Sector is expected to get more opportunities
Pakistani government is also promoting foreign investors to invest in the real estate which ensures the validity of market growth of real estate in Pakistan. It is safe to say that this is the best time to invest in real estate in Pakistan as the value of properties are expected to increase and the prices will go up.
Furthermore, for investors, real estate investment is more reliable and stable than stock or share investments. Hence investing in real estate is a smart choice unlike other industries.
All in all, this is not a small amount of money.
The beauty of real estate investing is that it allows you to have a side hustle. This side hustle allows you to earn money while you sleep. All you need to do is invest in the real estate market and wait for it to happen.
Real estate investing is an easy and safe way to make money. The only problem is that it can be very difficult to start if you are new to real estate investing.
In brief, there are several reasons why you should start investing in real estate in Pakistan.
Some of the best places to invest in Pakistan
As mentioned earlier, real estate investment is not only about purchasing properties. You can also invest in commercial shops, office spaces, apartments, and penthouses.
Let’s take a look at some of the best places to invest in Pakistan.
Lahore is the second most populous city of Pakistan. It is also one of the most developed cities in Pakistan. The first thing you need to know about real estate investing is the market. The market of Pakistan is very big and it is expected to grow even bigger. The reason is that the market is very competitive and there are many opportunities to earn money
Talking about Pakistan, there are many reasons to justify that the coming years for real estate investment in Pakistan would be quite profitable as many multi-purpose/high-rise projects would be launched in all over Pakistan, where you can invest in commercial shops, offices, penthouses and apartments etc.