The real estate industry is a great example of how things have developed over the course of the past decade. Real estate has seen a worldwide boom and is often considered too secure to fail. This is one reason why real estate agencies and development firms emerge all the time. They catch our attention, sometimes promising something too good to be true.
In Pakistan, this really has become a subject of wide discourse and debate. Societies offering the most pristine of conditions and services are demanding our attention. Key terms such as lavish, luxurious, modern, and marvellous are projected to our imagination. It is so crucial to wonder how such projects span out over the course of a longer period. The prime example of wondrous success in the real estate industry is the brainchild of Malik Riaz, Bahria Town. Bahria Town has grown beyond its humble start and expanded to several cities within Pakistan. It has really set the example of how private companies can match and even conquer real estate mega bonds like the Pakistan army and the government. Providing a safe and friendly community, Bahria Town has won the hearts of a massive majority of Pakistan’s middle class.
Here are some of the key performance indicators of Bahria Town. It has developed a stable infrastructure in all three major cities and has attracted major companies and consumer outlets operating in healthcare, education, food, and technology. Suffice to say, Bahria Town has become a towering figure in Pakistan’s developmental landscape.
Following the success of Bahria Town, we have upcoming housing societies such as Blue World City, Eighteen, Silver City, Lake View City, and many others. While these societies target highly developed cities within Pakistan, AH city is an exception situated in D.I. Khan.
The answer to the question whether one should invest in real estate is far from straightforward. There are so many factors at play, budget, size, and yes, the administrative competence of the real estate company. However, before making a decision, it is useful to analyze some of the general economic trends.