Real estate investment in Pakistan
For centuries, it remained the main trading route between the South Asia and the Central Asia. After the completion of the Karakoram Highway (KKH) in 1978 along the same route, joining Pakistan with Chinese Muslim autonomous region of Xinjiang, the ancient trade link has been revived linking.
Now Pakistan’s northern region is forever linked to China, Kyrgyzstan, Tajikistan, Kazakhstan and Uzbekistan.
Pakistan is at the dawn of a new era as the world around it goes through social, economic and political upheaval. The Pakistan currency has strengthened in consequence to the inflow of foreign and home remittances and rescheduling of foreign debt obligations. Favorable interest rates in the banking and financial sector have influenced prospective investors in choosing Pakistan as an investment destination.
With the government keen on promoting Pakistan as an investment choice, the property market in the country has benefited and seen a boom in recent years. With the housing market regulated by the Nation Housing Authority, a uniform standard is now being applied to all developments. New real estate projects in key cities such as Karachi, Lahore and Islamabad have built-in infrastructure to support the rapid development of housing schemes.
A relatively safe city due to the presence of international diplomatic missions and government offices, Islamabad is surrounded by green hills and beautiful landmarks. Most housing schemes in the city and in the surrounding areas sell out fairly soon and have always be considered a good long term investment for buyers and investors alike.