The real estate market in Pakistan has seen its fair share of ups and downs since the change of regime. However, the overall market remains relatively strong and contributes to the country’s economic growth.
Is Property Cheap in Pakistan?
In fact, it’s estimated that over 60-70% of Pakistan’s wealth is generated from the property. It also contributes to the economy by stimulating demand for more than 400 other industries, including construction, steel, paint, building material, architects, urban planners, and financial services.
The housing sector in Pakistan is rapidly expanding to Real Estate Agents. There are a number of housing options, and HomesPakistan is one of the best sources for finding the perfect house.
It provides a variety of payment options, including a mortgage or installment plan from the developer. In addition, it provides daily listings for homes for sale in all major cities. This makes HomesPakistan the most comprehensive real estate portal in Pakistan.
Pakistan’s FBR enforces strict regulations on the property, which include high taxes and bans on non-filers. In addition, there are high taxes levied on property transfers. Furthermore, the country’s financial markets are volatile, which means that property is not a money-making option for foreign buyers.