Prospects for Pakistan’s Real Estate Industry 2020
Pakistan’s real estate industry is witnessing a gradual transformation over the past few months with a number of real estate projects being introduced. The real estate sector has started to gain attention by both the public and private sectors, as both are working towards developing this sector into a proper industry.
For instance, owners of ARY news have announced an international standard project in DHA City Karachi named as ARY Laguna. This project has gained massive recognition, and it had been widely promoted and advertised in the PSL 5 League in Pakistan. This is just one example of different prospects of Pakistan’s real estate industry in 2020.
This article includes the major prospects which provide strong impetus for growth to the real estate sector of Pakistan.
ARY Laguna DHA City Karachi
One of the main sponsors of Karachi Kings in Pakistan Super League, the ARY Laguna Karachi has broken all records of popularity when it comes to real estate in 2020. This project is a trade-mark product of ARY group, and it is being designed as a destination for lavish beach resorts and restaurants.
The secret behind its popularity is that this project will entail a number of real estate infrastructures on artificial islands where the atmosphere is planned to be clean and disease free. This housing society is likely to attract millions of dollars in investment from inside as well as outside the country, and it is witnessed as a prospect for real estate in Pakistan in the year 2020.
Capital Smart City Islamabad
Being considered as a futurist real estate project, Capital Smart City has broken all records of sustainable development. The society is being developed by the famous Habib Rafiq group, and it is one of the most favorite investment destinations inside the country.
Situated near to the Islamabad International Airport, this housing society is likely to become one of the real estate projects in 2020. Being developed in similarity to Bahria Town and DHA Islamabad, investors find this real estate project to guarantee safe returns and provide a strong foundation to the real estate sector in Pakistan.
Blue World City Islamabad
Blue World City Islamabad is yet another prospect for Pakistan’s real estate industry as it is being considered as one of the most innovative housing societies in the country. Real estate experts regard this project to be more than just a housing society as it is being developed in collaboration with Chinese companies, and it has a number of thematic tourism destinations being developed.
Therefore, this housing society provides residents with an opportunity to live in a destination that would be considered as the top tourism destinations in Islamabad. This project is predicted to provide thousands of job opportunities to the people of the country, and it is hence considered as a strong prospect for real estate in Pakistan in the year 2020.