Lamudi Attends Fundraising Event in Support of the Citizens
Archive of Pakistan
On Sunday,
March 6th 2016, the Citizens Archive of Pakistan (CAP) held a fundraiser for
the construction of Pakistan’s first Living History Museum. Lamudi Pakistan was
there to
support their effort.
Historical
preservation and real estate development have been at odds with each
other seemingly since the beginning of time. Today however, the interests of
the two fields are converging, especially in emerging markets like Pakistan.
According to
Lamudi research, both foreign investors
and Pakistanis are increasingly interested in sustainable communities and
properties. This interest involves the preservation of historical institutions,
which advances communities, boosts real estate values and enhances
environmental conservation efforts.
According to
Saad Arshed, Lamudi Pakistan’s Country Director, “Two major issues for real
estate investors are profitability and security. Historical preservation helps
to increase both. Therefore, as historical preservation efforts expand, demand
for properties will increase. This is good for everyone
involved--individuals, agents and developers.”
Additionally,
reports from around the
world
draw correlations between rising economic prosperity and the preservation of
historical buildings, documents and multimedia. As such, CAP is not alone.
Similar
organisations, such as the New York City Landmark Preservation Commission
and the US’s Advisory Council on Historic Preservation acknowledge the
value of historical preservation for the advancement of local communities and
economies.
However, in
some parts of Pakistan, infrastructural advancements continue to be placed
ahead of historical preservation. This is seemingly the case in the Orange Line Metro versus
Nusrat Kahn’s studio. With the help of CAP, issues like these are starting to change.
By
supporting the efforts of CAP, we strengthen our communities and increase
the value of our real estate. Find out more about CAP through their
website, citizensarchive.org or email them at info@citizensarchive.org.
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