Which City Is Best For Property Investment in Pakistan

Real estate investments is the best way to establish multiple passive sources of income. The growth of property market in 7 of the densely populated South Asian countries is dependent on various factors like market demand, buyer’s interest, property tax and laws and legislations etc. What so ever the circumstances, it’s important for real estate investors to be well updated and informed regarding the real estate industry before making final decisions.

Before making an investment in any of the market segments of real estate industry of Pakistan, it’s better to do a thorough market research in order to develop a strong understanding about the market segments of Pakistan’s real estate industry and property market.

In this article, we’ll be sharing in depth insights and overviews regarding the buying trends in various different cities of Pakistan.

Top Cities That Are Best For Property Investment in Pakistan

Developments and growth in real estate industry of Pakistan is scattered across the nation therefore, every market segment of real estate industry of Pakistan has to offer its unique advantage from investment perspective. However, Islamabad, Lahore and Karachi are considered as the top major cities by real estate experts for real estate investments.

So without any further ado let’s take a look at which city is best for investment in Pakistan.

Lahore

Lahore – a historically rich city situated in the heart of Punjab has appeared and developed as the profitable market segment in real estate industry of Pakistan. Be it food, infrastructure or art, from traditional to modern and contemporary Lahore has got something for everyone.

Although the city is famous for its historic art and infrastructure, however, modern developments has greatly attracted investors to this city. This market segment of real estate industry of Pakistan not only offers a great deal of variety in real estate investment but also affordability as well.

Housing Societies That Are Best For Property Investment in Lahore

Lahore Smart City

Lahore Smart City is an emerging residential real estate project that is being developed in the urban jungle of Lahore as a breath of fresh air. After the success of Capital Smart City Islamabad that is Pakistan’s first smart city and ranked as Asia’s 4th smartest city, the developers Habib Rafique (Pvt.) Limited (HRL) and Future Development Holdings (Pvt.) Limited (FDHL) decided to take things a bit up a notch and hence, Lahore Smart City came into existence.

Habib Rafique (Pvt.) Limited (HRL) and Future Development Holdings (Pvt.) Limited (FDHL) both are nationally as well as internationally renowned real estate companies that have successfully delivered several mega planning and developmental projects across the globe.

Presently, Habib Rafique (Pvt.) Limited (HRL) and Future Development Holdings (Pvt.) Limited (FDHL) is collaborating with Surbana Jurong – a well-reputed internationally reputed, Singaporean – based consultancy firm.

Furthermore, after a positive response and success of Capital Smart City, the developers and investors of CSC Islamabad have developed a strong bond of trust, reliability and confidence. Therefore, the developers have initiated the Smart City Lahore project as a result of the confidence and trust while offering a tech innovated, luxurious lifestyle to the citizens of Smart City Lahore.

Currently, in the pre-launch phase, the developers of Smart City Lahore are still taking bookings for residential plots in the general block and many plots have been successfully booked.

Park View Lahore Location

After the success of Park View City Islamabad, Vision Group initiated another promising real estate developmental project, Park View City Lahore. Ideally and strategically located on Multan Road, Lahore, Park View Villas Lahore is being designed and developed as an ultra-modern, luxurious housing scheme surrounded with peaceful and relaxing scenic views of lush green gardens in the midst of Lahore’s concrete jungle.

Moreover, the upcoming residential real estate project is approved and commissioned from Lahore Developmental Authority (LDA) therefore has instantly gained popularity amongst the investor community of local as well as overseas Pakistani.

Vision Group is headed by Mr. Abdul Aleem Khan the most seasoned politician in Pakistan, an active member of Pakistan Tehreek – e – Insaf, and a current member of the Provincial Assembly (Punjab).

Having multiple access points and enjoying an ideal location on the outskirts of main Lahore city, Park View Villas Lahore lies on Thokar Niaz Baig Interchange on Lahore – Islamabad Motorway is centrally placed on Multan Road, Lahore. Moreover, it lies in close proximity to the famous Defense Housing Authority (DHA) – an armed forces-owned residential community.

Islamabad

The federal capital city of Pakistan is a dream place to live for every Pakistani. Islamabad not only offers tourists spots and is the greenest city but also offers countless work opportunities that attracts people from across the country. Due to this reason the market demand of real estate property has also increased with the passage of time.

Housing Societies That Are Best For Investment in Islamabad

Rudn Enclave

The gated community of Rudn Enclave enjoys a centrally ideal location. Rudn Enclave location and map is a prime location on Adiyala Road next to Bahria Town Phase 8, Islamabad – Lahore Motorway M2 and N – 5 National Highway. The 2nd entrance provides smooth mobility to the residents via the under developing Rawalpindi Ring Road and also easy access to New Islamabad International Airport. Furthermore, Jarrar Camp and Islamabad Farmhouses are also situated at a distance of almost 5 minutes’ drive from the under developing residential community.

Moreover, the developers of the upcoming residential real estate project have already submitted their application for No Objection Certificate (NOC) and the application is currently being processed by Rawalpindi Development Authority (RDA). According to real estate industry analysts and experts, it is expected that the developers of Rudn Enclave would soon enough successfully acquire the No Objection Certificate (NOC) from Rawalpindi Development Authority (RDA).

Meanwhile, the developers are proceeding with the developmental work over the legally allotted land. Once the No Objection Certificate (NOC) is acquired, no legal issues pertaining to the housing society are found.

Therefore, from investment perspective, Rudn Enclave location and map and Rudn Enclve NOC makes this housing society an extremely valuable option, whether you hold on to the land for long or short term or build your own home, either way it gives an opportunity to earn greater rewards as return of investment.

Nova City

Nova City enjoys a premium location on Fateh Jhang Road. According to Nova City latest updates and Nova City location and map, this housing society would have two entrance gates, the main gate is located adjacent to new Islamabad airport as well as CPEC route whereas the 2nd gate is located on Rawalpindi Ring Road.

Hence, both the entrances connects the residential community with the metropolitan areas present within the twin cities, making it a centrally located lucrative and luxurious project.

Furthermore, Nova City is legal property that has been approved by Capital Development Authority, however, the Nova City NOC is thus far to be acquired by Nova City developers.

Once, the Nova City NOC is acquired by the Nova City developers, they plan to organize a grand launch event where they would unveil the Nova City, real estate project.

To sum up, prime location, secure gated community, efficient sewerage, state – of – the – art educational facility etc. are all those features that a buyers looks for when buying a residential property. Therefore, all these features that would increase the buyers’ demand which in turn would increase the investors’ return of investment are all included in Nova City location and map.

Well here we have listed our top picks from Lahore and Islamabad and this wraps up our discussion for which city is the best for property investment In Pakistan.