Real Estate Trends in Major Pakistani Cities: A 2018 Overview As we stepped into 2018, the real estate landscape in Pakistan's major cities—Lahore, Islamabad, Karachi, and Gujranwala—remained surprisingly resilient. Despite the various challenges posed by a new tax regime that seemed to scare off many investors, the prices held steady, thanks largely to genuine buyers looking to make long-term investments. Lahore Market Insights In Lahore, particularly in the DHA (Defence Housing Authority) Phases I-VI, we saw a notable uptick in property values. The price of 10-marla plots jumped by 4.24%, while 1-kanal plots experienced a 4.74% increase. This growth was ...

KARACHI: Have you ever heard the saying, "Don't put all your eggs in one basket"? Warren Buffett, one of the most successful investors in the world, emphasizes this point. He believes diversifying your income streams through smart investments is crucial. Considering how rapidly the global economy is changing, today’s financial landscape offers various exciting investment opportunities. Enter the world of cryptocurrencies. A few years back, this term might have been foreign to many, but now it’s at the forefront of investments. It's not just cryptocurrencies that have gained traction; the average person today is more eager to dive into various ...

PHOTO COURTESY: EIGHTEEN DUBAI: On March 30, 2018, Eighteen celebrated an exciting milestone by hosting a launch event at the luxurious Armani Hotel, located in the iconic Burj Khalifa. This event brought together overseas Pakistanis and local business communities from the UAE, creating a vibrant atmosphere of networking and opportunity. The chairperson of Ora Developers, Naguib Sawiris, expressed his enthusiasm about the Eighteen project, stating that it promises to reshape the landscape of real estate in Pakistan. With a commitment to excellence, he noted, “Eighteen will revolutionise real estate projects in Pakistan. Together with our esteemed partners, we are ...

LAHORE: The real estate market of all major cities of Pakistan showed modest growth in February, with hope that prices would strengthen even as elections approach later this year.Last year’s bearish trends still affected buying, as growth was moderate, and no society stood out drastically, revealed a report of an online property portal.“However, the moderate growth and buying trends indicated that investors are returning to the market after last year’s calmness,” stated Zameen.com. All four major cities - Lahore, Islamabad, Karachi, and Gujranwala - experienced moderate changes and stability. Projects by big-name developers performed well in all four ...

KARACHI: Real estate is one of the most lucrative avenues of investment. Yet it has also been the pumping force behind financial bubbles in recent history. This calls for a theoretical, logical investigation and analysis of pros and cons of this investment tool.Kevin Spacey, in the famous movie Superman Returns, remembers and reproduces a precious piece of advice from his father. His father told him that land is a perpetually scare resource, you can print more money but land is limited. How true is this observation I leave to the judgment of the readers.It is from this perpetual ...

ISLAMABAD: Pakistan’s efforts to curb the use of black money in the real estate sector, and enhance its tax collection have been dealt a serious blow. The country’s bureaucracy has halted implementation on two key reforms, which were introduced by the last PML-N government.The Federal Board of Revenue (FBR) has delayed the notification for the establishment of Directorate General of Immovable Properties that could have given authorities the first right to acquire assets that were undervalued to evade taxes. It has also not increased the property valuation rates in big cities as an alternate to the DG Immovable ...