Eid-ul-Fitr
brings good tidings for Pakistan’s real estate sector, according to Lamudi (www.lamudi.pk). With overseas Pakistanis back in the
home country to celebrate Eid with loved ones, real estate market is expected to
experience an upward swing.
The
property sector always experiences increased market activity around this time
when overseas Pakistanis, bring foreign remittances and channel these funds in
the most lucrative investment sector of Pakistan.
Saad
Arshed, Country Director of Lamudi Pakistan, said: “These Eid holidays were very
much needed to give a boost to the real estate sector of Pakistan. With the
first half of the year, experiencing a slowdown in the property market,
followed by the withholding tax on banking transactions-the real estate market
activity stalled a lot.
As
overseas Pakistanis always hunt for property during this time, Lamudi has gone
the extra mile to bring them the investment opportunities that are sure shot to
reap them huge gains.”
Following
are the top property investment options in Pakistan’s major cities this
Eid-ul-Fitr:
Lahore:
Pakistan’s cultural
capital has a lot of good investment options to offer. Defence Housing
Authority (DHA), undoubtedly remains the safest bet when it comes to investing
in plots or houses. Other profitable opportunities include: Bahria Town,
Paragon City and State Life Housing Society.
Islamabad:
The capital city has
some of the best investment options in the country. From Bahria Town to DHA,
especially its Phase two, to Sector E-11, Sector F-11 and the Spring-Apartment
Homes; Islamabad has the finest investment districts to offer.
Karachi:
It also has a lot to
offer to the overseas Pakistanis, back in the city. DHA and Bahria Town,
without a doubt should be the first priorities of investors. Other worthwhile
opportunities include: Chapal Skymark and Park View Apartments.
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