If you have some saved income and you do not want to deposit it in a commercial bank, here are some investment opportunities for you. The real estate sector of Pakistan is considered as one of the most favourable places for investors. Now you can also earn money by investing in the real estate sector. People are looking for new Properties For Sale in Islamabad to make and sale houses. If you are new in the field of real estate, this article can give you enough information that can be helpful for your business investment plans. You can better understand the past trends in real estate and will be in a position to forecast the upcoming events of the real estate market.
Real Estate Business in 2019
2019 can not be considered as a good year for investors of the real estate sector. The overall economic uncertainty also hit the market. This sector was enjoying an artificial boom until the end of 2016. After 2016, a downfall in property prices was observed in all the major cities of Pakistan. Bigger properties had to face a steep downward trend in the prices. The sluggish movements of prices are associated with the change in the tax rates by FBR. The revision of tax rates makes it more expensive for investors to buy or sell a property.
Bahria Town Karachi is one of the biggest projects of private housing societies. Bahria Town Karachi had to face a severe set back on August 1, 2016, as the Supreme Judicial Court of Pakistan halted all the developmental activities on the 14571 acres of its land. The Supreme Court declared the land acquisition for Bahria Town Karachi as non-satisfactory. This scandal on the behalf of the real estate giant of Pakistan also became a reason behind the recession in this sector.
But along with these, Islamabad has a lot of options of investment as there are a lot of Properties For Rent in Islamabad.
Investment Opportunities in 2020
The real estate sector of Pakistan is expected to rise in 2020. The uncertainty about political decision making also seems to break down. Now, buyers and sellers are more aware of the updated laws of taxation. The overall economic outlook is also expected to be stable in the new year that will also contribute to increasing investment in the real estate sector. The case of Bahria Town is also resolved and investors are getting their sunk investments back.
The administration of Bahria Town has launched its housing society in Peshawar. Working on the master plan of Gwadar is also in process. These two will be the biggest country-wide investment opportunities for the current year. The overall business conditions in the smaller cities are also expected to be stable.
People are continuously looking for Homes For Sale in Islamabad to change their style of living.
Precautions
While investing in the real estate sector, you must have some backup plans as well. The working of this sector mostly depends upon the expectations of investors. Any sharp decline in the expectations can become a source of frustration for you as you may have to hold a property for a very long time. Moreover, you should invest in real estate only if you have enough knowledge. You must know when to purchase a property and what is the perfect time to sell it. I will also suggest you not to give in to market noise. Always try to make a rational and logical decision that can increase the probability of your expected profits in the market.
You can get the latest information about the trends in the real estate sector at Gharbaar - a leading property portal can help you with Homes For Rent in Islamabad. It will give you hundreds of listings for each area that you can use to compare prices and benefits to make an informed decision.
Moreover, the portal offers live-support to provide you guidance for your property decisions. The opinion of our experienced professionals can help you make a better decision regarding your investment.
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