Now is an ideal time to invest in real estate in Pakistan, as an ever increasing number of housing societies spring up around the country. But how do you know which development is worth the investment? Lamudi.pk brings you the top real estate investments in Pakistan’s major cities.
Invest in Lahore:
If you’re looking to invest in property in Lahore, Defence Housing Authority (DHA) is your best bet.
Investors can look to both the newly-constructed Phase 6 of DHA, as well as buy plots in Phase 9. However, homes are a safer bet than plots as property prices have appreciated.
Invest in Islamabad:
Previously, developments like DHA and Bahria Town have been the top performers for investors in Islamabad.
Now, Pakistan Employees Cooperative Housing Society (PECHS) has become a top choice as the new Islamabad International Airport, located nearby, has been approved. According to data compiled by Lamudi.pk, there has been an increase of about 25% in property prices in this area since the announcement of the new airport.
Sector G-13 is another upcoming housing society, along with other smaller developments such as Jinnah Gardens and Korangi Town.
Invest in Karachi:
Lastly, coming to the star of the real estate market of Pakistan, Karachi stole the show in 2013 with announcements of projects such as Bahria Icon Tower.
DHA Karachi is a good choice. Its Phase 8 is undergoing huge development by real estate firms such as the Emaar Company, which is constructing its Creek City, and Aqeel Dhedhi, who has another mega-project lined up for this phase. Phase 8 has become one of Pakistan’s most coveted locations for investors and owner-occupiers alike.