Why

does one should invest in Pakistan Property Market?

Pakistan's Real Estate Business is now lifting, as the country spending $5.2 billion on construction and development which shows viable growth in the Pakistan property market.
Although the progress is picking up in many real estate sectors still needs to strengthen Investors’ Confidence to make these investment property Trends more attractive and innovative.
Pakistan Regional Property Market needed secure and affordable property even before Covid-19. Because of the epidemic, this fear has only grown and needs to be well addressed.
The 2021 Property Market in Pakistan is more lucrative for Investors in many aspects as Various Projects in different cities backed by Trustable Investment Portfolio Developers paving the way for a more stable outlook of Real Estate in Pakistan.
Due to Pandemic, property operations were permitted to resume, businesses encountered several challenges. The lockdowns and travel prohibitions appear to have resulted in labor shortages, supply chain disruptions that resulted in building material shortages and enhanced health and security measures that increased expenses the first wave had a significant influence on the construction labor market, owing to temporary layoffs and reduced hours.

Why investor should consider it?

The Property market in Pakistan is ideal for a conscientious investor. The plots market isn't all doom and gloom, as DHA Peshawar has quadrupled, and in some cases tripled, investment in only two years, and is now at an all-time high. Similarly, DHA Lahore has been built from the ground up and is a lucrative prospect for property investors.
Aside from that, in Northern Punjab DHA offers a wonderful opportunity to invest in the Residential sector, although may not consider as big as those in DHA Karachi. Every Location in Pakistan is unique and carries its geographical importance. CPEC, another Mega Development project that surely will change Pakistan’s economy and rise the Real Estate Sector gearing and energizing the Investor Confidence in Pakistan Real Estate Market.
Point to ponder!
Another issue in property was quality control. Fake listings and price gouging have to be carefully verified. According to Umar Nadeem, a housing industry specialist at Islamabad-based think tank Tabadlab, "there are no protections like escrow account services and mandated regulation to protect both customers and developers" in Pakistan, unlike in developed markets. There were more than 1.8 million outstanding court proceedings as of 2021, much of which was connected to property issues. Most Pakistanis see property as an excellent opportunity to invest, especially if they have sufficient resources and need money. However, such savings are long-term, and those who do not sell their home are still hoping for a price increase.
Foreign Investors who want to invest in the Pakistani Real Estate Market must first fulfill certain legal requirements with the Pakistan Investment Board which should be on a point of ease to do Investment. Land purchase rules and regulations are a big concern due to provincial Autonomy. Although All sectors and activities are open to foreign investment unless specifically prohibited for national security or public safety reasons.
Overseas Pakistan has traditionally been encouraged from Investing in Pakistan Property Sector, preferring to invest in Residential or Commercial Sector rather Saving in Banks. This is due to High Return on Investment, and impacting the growth of the Real Estate Sector more genuine and dynamic.

Major Concerns and Improvement!

 The World Bank's research on Pakistan's involvement in the ease of doing business countries is a positive step in this direction. However, more work remains to be done to attract investment into Pakistan's real estate property, which is one of the country's most promising businesses. As a result, the Pakistani government should think about simplifying the rules for encouraging international investment in Pakistani real estate.