Pakistan carries a significant position in the real estate industry worldwide. The real estate industry in Pakistan is undoubtedly one of the most emerging industries of the country in terms of growth, profitability, and economic development. For a decade, we’ve witnessed an unprecedented real-estate revolution in the country. Without a doubt, this has positively affected not only individual investors but the country as a whole.
Growth in the rate of real estate development has transformed drastically in the past few years. The main reasons for this expansion are the reduction of taxes levied on builders, the instability of other available investment alternatives, and the government’s amnesty initiatives. Whatever the case may be, the industry’s exponential expansion has provided buyers with a plethora of investment alternatives and sellers with more competitiveness.
Mentioned below is our contribution in terms of top-of-the-line projects in the real estate sector of Pakistan:
- Luxus Mall and Residency (TopCity- 1)
- Luxus Emporio (TopCity- 1)
- Airport Business Center by Luxus (TopCity- 1)
As far as profitability is concerned, the recent interest of overseas investors in the real estate of Pakistan is one of the most eminent witnesses of healthy returns on investment. People are showing a lot of interest in investing their money in under-construction residential and commercial projects as they provide more returns than completed ones. Another testimony of the profitability of this sector is the fact that the richest people of Pakistan (despite being illiterate) are the ones who deal in real estate.
Apart from growth and individual profits, the current real estate transformation has pushed the country heavily towards economic prosperity. An increase in foreign investments and eradication of unemployment through job creation in the industry because of ongoing development has led Pakistan towards a boom in the economic life cycle.
In short, considering all the above-mentioned points including the overall growth in the sector, individual profitability, and economic development, it can be said that now is the perfect time to invest in the real estate sector of Pakistan before it’s too late.