Real estate industry is the most earliest and diversified industry and form of investment across the globe. Similarly, Pakistan’s real estate industry is also highly diversified and this diversity at times overwhelms the highly experienced real estate investors. Therefore, real estate agency of Islamabad comes to the rescue of such real estate investors where they provide valuable advice and consultancy services to the real estate investors regarding real estate investments.
In this article, we’ll be discussing about the types of real estate which will help you in easily understanding the real estate industry and why people prefer investing their hard earned money into real estate industry of Pakistan.
Four Types of Real Estate Property
Residential
Residential property such as single family homes, Duplex’s, Condominiums, Town houses etc. are the best way to invest in real estate property. Residential property can either be rented out or can be sold again after holding onto to the property for a certain time period. If you are looking to invest in residential property then Lahore Smart City is the place you are looking for.
You can invest in the residential plots of Lahore Smart City and then hold onto the property as the ROI will increase with the passage of time because the real estate project is being developed by the well reputed Habib Rafique ( Pvt.) Limited (HRL) and Future Developmental Holdings (Pvt.) Limited (FDHL).
Moreover, the project is being developed as an international standard smart city, as Lahore Smart City is Pakistan’s 2nd Smart City and Asia’s 6th Smart City, therefore, has grasped the attention of the local as well as overseas Pakistani investor community.
Hence, this project is the best place to invest if you want to invest in residential real estate property.
Industrial
Industrial property is somewhat different than commercial property as the industrial property is used in very different ways than commercial property.
Industrial property is basically used for business purposes such as a storage place, production facility. Warehouses and food processing facilities etc.
Commercial
Commercial real estate property is more stable and rewarding as compared to residential real estate property. Presently, Park View City Islamabad commercial plots are hottest in the market. With commercial property the horizon is vast, as the commercial property can be utilized in many ways as compared to residential property. Hence the rewards for return of investment increases manifolds.
So whether your goal is a short term investment or long term investment, Park View City commercial plots would be the best means to invest hard earned money. Even if you hold onto the property, you can still gain greater rewards as the commercial area of Park View City Islamabad would be the next busiest commercial place in Islamabad after Blue Area.
Vacant Land
Vacant land is basically huge chunks of lands that aren’t part of any real estate project. By investing in vacant land is the rarest sort of real estate investment.
Conclusion
In a nut shell, if you are looking to invest in either residential or commercial real estate property then Rudn Enclave Rawalpindi or Blue world city Islamabad are the highly recommended real estate projects by real estate agency Islamabad as both the projects have high investment potential along with greater rewards as return of Investment.
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