CategoriesInvestment Market Trends Real Estate

Why buy a house in Islamabad?

Islamabad, the capital city of Pakistan, is known for its beautiful landscapes, modern infrastructure, and high standard of living. It’s a city that is rapidly growing and attracting people from all over Pakistan, as well as from abroad. If you’re considering buying a house in Islamabad, there are several compelling reasons why it’s a wise investment. Let’s explore some of the key reasons and back them up with relevant stats.

Growing Real Estate Market

The real estate market in Islamabad has been consistently growing in recent years, with property prices on the rise. According to Zameen.com, Pakistan’s largest property website, property prices in Islamabad increased by 10.24% in 2021. This indicates that investing in property in Islamabad is a wise decision, as it’s likely to yield a good return on investment in the long term.

High Standard of Living

Islamabad is known for its high standard of living, which makes it an attractive location for people to settle down and buy property. The city has well-developed infrastructure, excellent healthcare facilities, quality education institutions, and a low crime rate, making it a safe and comfortable place to live. According to Numbeo, a website that provides quality of life data, Islamabad ranks as the second-safest city in Pakistan and has a cost of living index lower than Karachi and Lahore.

Investment Opportunities

Apart from the residential sector, there are several investment opportunities in Islamabad that can help you generate a substantial return on investment. According to a report by JLL, a global real estate consultancy firm, the demand for commercial properties in Islamabad is on the rise, which indicates a growing business environment in the city. There are also opportunities to invest in the tourism and hospitality sectors, with the city’s growing popularity as a tourist destination.

Booming Construction Industry

The construction industry in Islamabad is booming, with several new housing societies and commercial projects being developed across the city. According to a report by the National Highway Authority of Pakistan, the construction industry in Islamabad is expected to grow by 8% in 2022. This indicates that there will be an increased demand for property in the city, which makes it a good time to invest in real estate.

Growing Population

The population of Islamabad is rapidly growing, which indicates a higher demand for residential properties. According to the Pakistan Bureau of Statistics, the population of Islamabad is projected to reach 2.5 million by 2025. This means that there will be a growing demand for housing, which makes it a good time to invest in property in the city.

In conclusion, buying a house in Islamabad is a wise investment due to the city’s growing real estate market, high standard of living, investment opportunities, booming construction industry, and growing population. The city offers several benefits to its residents, making it an attractive location to settle down and invest in property. By considering these factors and conducting proper research, you can make a smart investment decision that will yield long-term benefits.

CategoriesInformative Investment Market Trends Real Estate

Why Real Estate Projects Failed in Gujar Khan?

 them, to avoid repeating the mistakes of the past.Gujar Khan is a small city located in Punjab, Pakistan. Over the past few years, there have been several real estate projects that have been launched in the city with the promise of providing modern and affordable housing to people. Unfortunately, many of these projects have failed to meet their objectives, leaving investors and homebuyers with significant losses. Here are some reasons why real estate projects in Gujar Khan have failed:

Lack of infrastructure: One of the primary reasons for the failure of real estate projects in Gujar Khan is the lack of infrastructure. The city has a poor road network, limited access to public transportation, and inadequate water and electricity supply. This makes it difficult for people to commute to and from the city and makes it challenging for real estate developers to provide modern amenities to residents.

Insufficient market research: Many real estate developers in Gujar Khan failed to conduct proper market research before launching their projects. As a result, they failed to understand the needs and preferences of the target market and could not offer properties that met the expectations of potential buyers.

Unreliable developers: Some real estate projects in Gujar Khan were launched by developers with a poor track record or reputation. This lack of credibility led to a lack of trust among potential buyers and investors, which made it difficult for developers to raise funds and complete their projects.

Regulatory issues: In some cases, regulatory issues and red tape made it difficult for real estate projects in Gujar Khan to obtain necessary approvals and permits. This further delayed the completion of projects and discouraged potential buyers and investors from investing in the projects.

Lack of marketing and branding: Finally, some real estate developers in Gujar Khan failed to adequately market and brand their projects. This led to a lack of awareness among potential buyers and investors, which made it difficult for them to generate interest and sales.

In conclusion, the real estate projects in Gujar Khan failed due to a combination of factors including lack of infrastructure, insufficient market research, unreliable developers, regulatory issues, and lack of marketing and branding. These factors should serve as a lesson to developers in the region to conduct thorough research and plan their projects carefully before launching

CategoriesInformative Investment Market Trends Real Estate

Chakbeli is Crown Jewel of Rawalpindi

Chakbeli is an emerging real estate location in Islamabad that is gaining a lot of attention in the real estate market. Located on the outskirts of Islamabad, Chakbeli is considered a crown jewel in the real estate market due to its location, infrastructure, and future potential. In this blog, we will explore why Chakbeli is a crown jewel in the real estate market of Islamabad with stats to support its potential.

Location of Chakbeli:

Chakbeli is located on the eastern outskirts of Islamabad, just a few kilometers away from the Islamabad Expressway. The location of Chakbeli provides easy access to the twin cities of Islamabad and Rawalpindi, making it a popular choice for people looking for a convenient and peaceful living environment.

Infrastructure in Chakbeli:

One of the key factors that make Chakbeli a crown jewel in the real estate market of Islamabad is its infrastructure. Chakbeli has modern infrastructure facilities such as electricity, water supply, and road networks that are well connected to the rest of the city. The area is also equipped with modern amenities such as parks, playgrounds, shopping centers, and educational institutions, making it an ideal location for families.

Potential of Chakbeli:

Chakbeli has enormous potential in terms of real estate development. The area is still in the development phase, which means that there is plenty of room for growth and expansion. The government has also announced several development projects in the area, including the construction of a new hospital, the expansion of the Islamabad-Rawalpindi Metro Bus Service, and the establishment of a new industrial zone. These projects are expected to boost the real estate market in the area, and as a result, property values are likely to appreciate in the coming years.

Stats on Chakbeli’s Real Estate Market:

According to data from Zameen.com, one of Pakistan’s leading property websites, Chakbeli is a rapidly growing real estate market. The area has seen an increase in the demand for both residential and commercial properties over the past few years. In 2021, the average price of a 1 kanal residential plot in Chakbeli was around PKR 30 million. The average price of a 5 marla residential plot was around PKR 10 million. Similarly, the average price of a commercial plot in Chakbeli was around PKR 300 million in 2021.

Conclusion

Chakbeli is a crown jewel in the real estate market of Islamabad due to its location, infrastructure, and potential for growth. The area has seen a surge in demand for both residential and commercial properties in recent years, and the government’s commitment to development in the area is expected to boost the real estate market even further. With its convenient location, modern infrastructure, and future potential, Chakbeli is quickly becoming one of the most sought-after locations for real estate investment in Islamabad.

CategoriesInformative Investment Market Trends Real Estate

Impact of the Margalla Road Expansion Project on Real Estate in Islamabad

The Margalla Road Expansion Project is a major infrastructure development that is expected to have a significant impact on real estate in Islamabad in 2023. The project is expected to be completed in the coming year, and its impact on the real estate market is likely to be felt in various ways. In this blog, we will explore how the Margalla Road Expansion Project is expected to impact real estate in Islamabad in 2023.

Location of the Margalla Road Expansion Project:

The Margalla Road Expansion Project is an important infrastructure development that is taking place in Islamabad. The project involves the expansion of Margalla Road, a major thoroughfare in the city that connects the Islamabad Highway with the Margalla Hills. The road expansion project will cover a distance of around 12 kilometers and will involve the construction of additional lanes, flyovers, and bridges.

Impact of the Margalla Road Expansion Project on Real Estate in Islamabad

The Margalla Road Expansion Project is expected to have a significant impact on real estate in Islamabad in 2023. Here are a few ways in which the project is expected to impact the real estate market:

Property Prices in the Surrounding Areas:

The expansion of Margalla Road is likely to increase accessibility to the surrounding areas, which could result in an increase in property prices in these areas. Areas like F-10, F-11, E-11, and G-11, which are located close to Margalla Road, are likely to see a significant increase in property prices as a result of the expansion project.

Increased Demand for Housing in the Surrounding Areas:

The expansion of Margalla Road is also expected to result in an increase in demand for housing in the surrounding areas. The increased accessibility to these areas will make them more attractive to potential homebuyers, resulting in a surge in demand for housing in these areas.

Development of Commercial and Retail Spaces:

The expansion of Margalla Road is also expected to lead to the development of new commercial and retail spaces in the surrounding areas. The increased accessibility to these areas will make them more attractive to businesses, resulting in an increase in the development of commercial and retail spaces in the area.

Improvement of Infrastructure:

The expansion of Margalla Road is expected to improve the infrastructure in the surrounding areas. This includes better road connectivity, improved transportation, and better access to basic amenities such as water and electricity. This improvement in infrastructure is likely to make the surrounding areas more livable and attractive to potential homebuyers.

Conclusion

The Margalla Road Expansion Project is a major infrastructure development that is expected to have a significant impact on real estate in Islamabad in 2023. The project is likely to result in an increase in property prices, an increase in demand for housing in the surrounding areas, and the development of new commercial and retail spaces. The improvement in infrastructure is also expected to make the surrounding areas more attractive to potential homebuyers. Overall, the expansion of Margalla Road is expected to be a positive development for the real estate market in Islamabad.

CategoriesInformative Market Trends Real Estate

Market Analysis: 2023

Pakistan’s real estate market has been through some ups and downs over the years, but it has shown steady growth in recent times. The country has a population of around 220 million people, and with a growing middle class, there is a high demand for affordable housing. In this blog, we will discuss the current trends, stats, and figures of the real estate market in Pakistan.

Property Prices:

Property prices have increased significantly in the last decade, making it difficult for many people to buy a home. According to the State Bank of Pakistan, property prices have risen by over 120% in the last 10 years. However, with the government’s initiatives to promote affordable housing, the property market is expected to stabilize in the coming years.

Rental Yield:

The rental yield in Pakistan varies between 3% to 5%, depending on the location and type of property. Lahore and Islamabad are the cities with the highest rental yields in Pakistan. The rental yield in Lahore is around 4.5%, whereas in Islamabad, it is around 4%. This indicates that investing in rental properties in these cities can provide a good return on investment.

Real Estate Investment Trusts (REITs):

Real Estate Investment Trusts (REITs) were introduced in Pakistan in 2016, and since then, they have become popular among investors. The aim of REITs is to provide small investors with an opportunity to invest in real estate without actually owning the property. According to a report by JCR-VIS Credit Rating Company, the net assets of REITs in Pakistan increased by 30% in 2020, indicating their growing popularity.

Government Initiatives:

The Pakistani government has introduced several initiatives to promote affordable housing and boost the real estate market. The Naya Pakistan Housing Program is a flagship initiative launched by the government to provide affordable housing to low-income families. The government is also offering tax incentives to real estate developers to encourage them to invest in affordable housing projects.

Impact of COVID-19:

The COVID-19 pandemic had a significant impact on the real estate market in Pakistan, with property sales and rental yields declining. However, the market has shown signs of recovery, with an increase in property sales and rental yields in recent months. The pandemic has also led to a shift in preferences, with people preferring homes with outdoor spaces and home offices.

In conclusion, the real estate market in Pakistan has shown steady growth in recent times, with the government’s initiatives to promote affordable housing and the introduction of REITs. However, property prices remain high, making it difficult for many people to buy a home. Nonetheless, the market has a lot of potential, and with the right investments, it can provide good returns for investors.

CategoriesInformative Investment Market Trends Real Estate

Evolution of Real Estate Market in Pakistan

The real estate market is constantly evolving, and there are several trends that are expected to shape the future of the industry. In this blog, we will discuss some of the most important trends that are likely to impact the real estate market in the coming years.

Technology: Technology is already playing a significant role in the real estate industry, and this trend is expected to continue in the future. From virtual property tours to online property management, technology is making it easier for buyers, sellers, and real estate professionals to interact and conduct business. The use of artificial intelligence, machine learning, and big data is also expected to increase, helping real estate professionals make better decisions and providing buyers with more personalized experiences.

Sustainable and eco-friendly construction: As awareness of environmental issues continues to grow, sustainable and eco-friendly construction is becoming increasingly popular. This trend is expected to continue in the future, with more and more developers incorporating green features into their projects, such as solar panels, green roofs, and energy-efficient lighting.

Co-living and co-working spaces: With the rise of the gig economy and remote work, co-living and co-working spaces are becoming more popular. These spaces provide a flexible and affordable option for people who need temporary housing or office space. The demand for these types of spaces is expected to grow in the future, particularly in urban areas.

Smart homes: Smart home technology is already becoming more common in new construction, and this trend is expected to continue in the future. From smart thermostats to voice-controlled lighting, homeowners are looking for ways to make their homes more convenient and energy-efficient.

Aging population: As the population continues to age, the demand for age-friendly housing is expected to increase. This includes features such as accessible design, home automation, and health monitoring technology.

Micro-housing: As urban areas become more crowded and expensive, micro-housing is becoming a popular option for people who want to live in the city without breaking the bank. Micro-housing units typically range from 100 to 400 square feet and provide a minimalist and affordable option for city dwellers.

Health and wellness amenities: As people become more health-conscious, the demand for health and wellness amenities is expected to increase. This includes features such as fitness centers, yoga studios, and healthy dining options.

Modular construction: Modular construction is becoming more popular as a way to reduce construction time and costs. With modular construction, buildings are constructed off-site in a factory and then assembled on-site, reducing the need for on-site labor and minimizing construction waste.

Real estate investment trusts (REITs): Real estate investment trusts (REITs) are becoming an increasingly popular way for investors to access the real estate market. REITs allow investors to own shares in real estate assets without having to manage the properties themselves.

Urbanization: The trend towards urbanization is expected to continue, with more and more people moving to cities in search of jobs, cultural experiences, and a vibrant social scene. This is expected to drive demand for urban real estate, particularly in areas with good transportation links and walkable neighborhoods.

In conclusion, the real estate market is constantly evolving, and these trends are just a few of the factors that are likely to shape the industry in the coming years. Real estate professionals who are able to anticipate and adapt to these trends are likely to be successful in the long term.

Nishaan Housing Private Limited: A bad real estate project in Islamabad, Pakistan.
CategoriesInformative Investment Market Trends Real Estate

Why Nishaan is a bad project?

Nishaan Housing is a real estate project located in Islamabad, Pakistan. While there are many real estate projects in Islamabad that offer excellent investment opportunities, Nishaan Housing is not one of them. In this blog, we will discuss why Nishaan Housing is a bad project for investment.

Lack of Development: Despite being launched several years ago, the project has seen very little development. The infrastructure in the project is poor, with no proper roads, sewage systems, or other basic amenities. This lack of development not only makes it unattractive to potential buyers and renters but also affects the quality of life for those who have already invested in the project.

Lack of Transparency: Another major issue with Nishaan Housing is the lack of transparency on the part of the developers. There is very little information available about the developers, their experience in the real estate industry, and their past projects. This lack of transparency makes it difficult for investors to assess the credibility and reliability of the developers, and also raises questions about the project’s financial viability.

Legal Issues: There have been several legal issues surrounding Nishaan Housing, which have further eroded investor confidence in the project. For instance, the project has been accused of illegally occupying land, and there have been reports of fraudulent practices by the developers.

Poor Return on Investment: Given the above issues, it is not surprising that Nishaan Housing has not been a profitable investment for those who have already invested in the project. The resale value of the properties in the project is poor, and the rental yields are also low. This is a clear indication that the project is not in high demand and is not likely to appreciate in value in the future.

In conclusion, Nishaan Housing is a bad project for investment due to its lack of development, lack of transparency, legal issues, and poor return on investment. Investors are advised to thoroughly research any real estate project before investing in it, and to avoid projects with such red flags. There are many other projects in Islamabad that offer excellent investment opportunities, and investors should explore these options instead.

A forecast for the Islamabad real estate market, predicting future trends and developments.
CategoriesInformative Investment Market Trends Real Estate

Islamabad Real Estate Market Forecast

The real estate market in Islamabad has seen rapid growth in recent years, with property prices increasing at an average rate of 35% over the past five years. However, this growth has led to concerns that the market is becoming overheated, and that there may be a real estate bubble that could burst in the near future. Here are some reasons why it may not be a good idea to invest in the real estate market of Islamabad in 2023:

Property prices may be overinflated: The rapid growth of the real estate market in Islamabad has led to an artificial increase in property prices. This means that the current market value of properties may not be reflective of their actual worth, and there is a risk that prices may fall if the market cools down.

Speculative investment is driving the market: Many investors are buying property in Islamabad with the expectation of selling it at a profit in the future, rather than because of genuine demand for housing. This speculative investment is driving the market and could lead to a bubble that bursts if demand does not meet expectations.

The market may be overheated: There is a risk that the real estate market in Islamabad is becoming overheated, which could lead to a sharp correction. If demand for property drops or if interest rates rise, property prices could fall, leaving investors with significant losses.

Limited regulatory oversight: The real estate market in Pakistan is relatively unregulated, which means that there is limited oversight of transactions and pricing. This can lead to price manipulation and other unethical practices, which could lead to losses for investors.

Alternative investment options: There are many other investment options available in Pakistan that may be more attractive than real estate. For example, stocks, bonds, and mutual funds are all viable investment options that may offer better returns with less risk than investing in the real estate market.

Overall, while the real estate market in Islamabad may seem attractive due to its rapid growth and potential for high returns, there are also many risks associated with investing in this market. As with any investment, it is important to do your research, exercise caution, and consider the potential risks before investing your money.

CategoriesInformative Investment Market Trends Real Estate

Impact of the Islamabad 10th Avenue Project on Real Estate in Islamabad

The construction of the Islamabad 10th Avenue is also expected to lead to an improvement in infrastructure in the surrounding areas. This includes better road connectivity, improved transportation. The Islamabad 10th Avenue Project is a major infrastructure development that is expected to have a significant impact on the real estate market in Islamabad in 2023. The project is expected to be completed in the coming year, and its impact on the real estate market is likely to be felt in various ways. In this blog, we will explore how the Islamabad 10th Avenue Project is expected to impact the real estate market in Islamabad in 2023.

Location of the Islamabad 10th Avenue Project

The Islamabad 10th Avenue Project is a major infrastructure development that is taking place in the heart of Islamabad. The project involves the construction of a new avenue that will connect Islamabad with Rawalpindi. The avenue will cover a distance of approximately 2.5 kilometers and will provide easy access to major areas in the city, such as G-10, G-11, and I-11.

Impact of the Islamabad 10th Avenue Project on Real Estate in Islamabad

The Islamabad 10th Avenue Project is expected to have a significant impact on the real estate market in Islamabad in 2023. Here are a few ways in which the project is expected to impact the real estate market:

Increase in Property Prices

The construction of the Islamabad 10th Avenue is likely to increase the value of properties in the surrounding areas. The new avenue will provide easy access to major areas of the city, making the surrounding areas more attractive to potential homebuyers. This increase in demand is likely to result in an increase in property prices.

Development of New Housing Schemes

The construction of the Islamabad 10th Avenue is also expected to lead to the development of new housing schemes in the surrounding areas. The increased accessibility to these areas will make them more attractive to developers, resulting in the development of new housing schemes in the area.

Increase in Commercial Activity

The construction of the Islamabad 10th Avenue is also expected to lead to an increase in commercial activity in the surrounding areas. The increased accessibility to major areas of the city is likely to attract new businesses to the area, resulting in an increase in commercial activity.

Improvement of Infrastructure

c amenities such as water and electricity. This improvement in infrastructure is likely to make the surrounding areas more livable and attractive to potential homebuyers.

Conclusion, The Islamabad 10th Avenue Project is a major infrastructure development that is expected to have a significant impact on the real estate market in Islamabad in 2023. The project is likely to result in an increase in property prices, the development of new housing schemes, an increase in commercial activity, and an improvement in infrastructure in the surrounding areas. The new avenue Project is expected to be a positive development for the real estate market in Islamabad is likely to provide easy access to major areas of the city, making the surrounding areas more attractive to potential homebuyers and businesses.

CategoriesInformative Market Trends Real Estate

Success of Real Estate in Pakistan

As we look ahead to 2023, the real estate market in Pakistan is expected to continue on its growth trajectory, driven by a growing population, urbanization, and increasing demand for affordable housing. In this blog, we will provide a forecast of the real estate market in Pakistan in 2023, supported by key statistics.

Property Prices:

Despite the government’s efforts to promote affordable housing, property prices are expected to continue to rise in 2023. According to a report by the State Bank of Pakistan, the average property prices in major cities like Karachi, Lahore, and Islamabad are expected to increase by 6% to 8% in 2023. The demand for affordable housing will remain high, and investors are likely to invest in rental properties as an alternative to buying a home.

Rental Yield:

The rental yield is expected to remain stable in 2023, with the highest rental yields expected in Lahore and Islamabad. According to Zameen.com, the rental yield in Lahore and Islamabad is expected to remain around 4.5% and 4%, respectively. This indicates that investing in rental properties in these cities can provide a good return on investment.

Real Estate Investment Trusts (REITs):

REITs are expected to continue to gain popularity among investors in 2023. According to a report by the Pakistan Stock Exchange, the net assets of REITs in Pakistan are expected to increase by 20% in 2023. This indicates that investors are likely to continue to invest in REITs as an alternative to investing directly in real estate.

Government Initiatives:

The government’s initiatives to promote affordable housing are expected to continue in 2023. The Naya Pakistan Housing Program is expected to play a significant role in providing affordable housing to low-income families. The government is also offering tax incentives to real estate developers to encourage them to invest in affordable housing projects. These initiatives are likely to continue to drive the growth of the real estate market in Pakistan.

Impact of COVID-19:

The impact of COVID-19 on the real estate market is expected to continue in 2023, with a shift in preferences towards homes with outdoor spaces and home offices. The pandemic has led to an increase in the demand for affordable housing, as many people are looking for more spacious homes in suburban areas. This trend is expected to continue in 2023, with developers expected to invest in suburban housing projects.

In conclusion, the real estate market in Pakistan is expected to continue on its growth trajectory in 2023, driven by a growing population, urbanization, and increasing demand for affordable housing. Property prices are expected to rise, and investors are likely to invest in rental properties and REITs. The government’s initiatives to promote affordable housing are likely to continue, and the impact of COVID-19 on the real estate market is expected to continue with a shift in preferences towards affordable housing in suburban areas.