Pakistan is rich in natural beauty, with spectacular mountain peaks, lush green landscapes, and fascinating archaeological sites. Its diverse environment and resources make it one of the few countries with a diverse environment. When one visits there, they find cultural heritage, known as the heart of cultures. Pakistan is a developing country, and in recent years Pakistan has been drastically focusing on its infrastructure expansion due to the CPEC project and the development associated with it, like building dry ports, Gwadar port, and airports. Such developing areas attract many real estate investments from private and government sectors as people prefer to live next to or in commercial areas. In Pakistan, real estate marketing involves capturing the attention of investors by displaying the commercial value of a particular area and the perks it brings along. People know and are interested because the area currently developing will be developed and will eventually generate massive revenue.

What Is Property Marketing?

Property marketing is a type of marketing that focuses on selling real estate, both commercial and residential. New build developments or property resales involve branding, positioning, and promotional techniques (advertising and public relations).

Property Marketing In Pakistan:

The property business has a vast scope in Pakistan. It is the most profitable investment segment. Pakistan’s real estate market has been one of the fastest-growing pinnacles developing sectors withinside the economic system of Pakistan since the beginning of 2021. It continues to be developing at a non-stop pace. But how is this sector doing its marketing in Pakistan?

Through Websites:

Real estate websites provide customers with ease and sellers with visibility. Before scheduling a live tour, buyers can look through hundreds of photographs, videos, and features of the home. Real estate Sellers who list their properties on these sites reap the same benefits: A home can be viewed by hundreds, if not thousands, of potential buyers online without having to visit.

Through Social Media:

Social networking is the best tool for real estate professionals in Pakistan and worldwide to keep current. It’s an excellent tool for determining market trends, real estate wants, and devising new ways to communicate with not just your clients but also your competitors.  Among many social media platforms, Facebook is taking a lead mainly due to its friendly interface.

Facebook:

Facebook revolutionized social media. We still think of it as the forerunner of all social media a decade and a half later. Because Facebook is such a vast platform, publishing an ad there ensures that your message will reach many people and is a great place to meet professionals. The constantly updating news feed will allow you to meet a lot of potential clients.

Through Word Of Mouth:

Relationships are what drive business for real estate professionals. The last person you assisted in purchasing a house will be able to recommend you to their friends and family. The mortgage broker you frequently promote to your clients, as well as the construction crew. You also worked with a construction crew to fix up a house you were listing, which can be held liable. You win when happy customers and business partners choose to share their positive experiences with you publicly.

Through Ads:

Ads are one the best and most effective ways that agents use for marketing purposes. Facebook ads help agents to target their micro-audience. You can target your Facebook ads to a specific audience interested in real estate or who is looking to invest. For example, these agents target individuals living in Lahore to invest in Murree or Islamabad with rental income.

Through Billboards:

While many real estate investment firms and individual investors have shifted their focus to online platforms or remain reliant on direct mail, billboard advertising still complements existing efforts. Real estate marketing on billboards can still be effective. It’s a fantastic method to go huge. This may be the best way to stand out, attract attention, and control their markets for real estate owners.

Conclusion:

Many local Pakistanis and Pakistanis living abroad are investing in the real estate business, making it the country’s most successful sector at the moment. Because of the earnings and benefits, real estate investment is encouraged more than in any other sector. Not only is building progressing at a faster rate, but it has also provided many jobs for the Pakistani people.

For more information on the real estate sector of the country, keep reading Feeta Blog.

The real estate market has numerous highs and lows and is influenced by various elements such as interest rates, economic circumstances, and employment growth. In Pakistan, becoming a prospering and renowned real estate agent is nothing resembling a treasure quest. There are no tightly held secrets either. At the exact moment, real estate may be a demanding endeavor for those unfamiliar with its procedures and strategies. In a dynamic real estate market, lead creation, in particular, can be complex. In Pakistan, the following tips and techniques are considered in the real estate market.

Sales-Generation Tips:

Here are the top sale-generation tactics for a quickly changing real estate sector in Pakistan to help you keep the customers coming in:

Increasing Awareness with Real Estate Social Sites:

Sales generation increases with the use of multiple networking sites. With the advancement of technology in Pakistan, many people conduct online research before buying or selling a property.
Social media usage helps produce real estate leads. To keep in contact with your followers, post the most recent bundles and upgraded real estate lead generating services on your company’s social media page. Use Google Ads and Facebook Ads to promote your business. It is far more beneficial than real estate agent leads. Pakistani people indulged in the usage of apps. They use various applications to buy and sell anything.

To Develop a Local Presence, Participate in Community Service:

Maintaining up to date on community activities is an excellent method to draw attention to a realtor’s website and social media accounts. However, this isn’t always enough, so getting more involved in your community is a great approach to establishing yourself as a significant presence.
As in Pakistan, people are very social. You can get benefit from it by participating in social or cultural events. Finally, getting to know the communities where they work and sell and developing a local presence may be highly beneficial to an agent.

Put your advice into critical consideration to satisfy clients:

Clients are frequently perplexed about what operates for them and what they enjoy. Especially in Pakistan, it is challenging to satisfy clients. The seller will need your total concentration if they want to know how to receive a fair value of a property they possess. Likewise, please inquire about the consumers’ difficulties and worries, and make every attempt to fulfill them to the greatest extent possible.

Prospecting Tips:

Here are a few prospecting tips and samples which can help you to enhance your work in Pakistan:

Work in underserved, rising locations:

Prospecting is at the heart of a real estate agent’s job. Sadly, the more vital it is, the more Pakistanis neglect it. It is most likely why we seldom see agents growing or growing in large numbers.
Surveying and prospecting skills are essential in this job. You must learn to conduct primary research to determine to purchase and selling patterns. Agents prefer to work in high-turnover locations where the business’s dynamics are already favorable. Pakistan has numerous areas which are underserved, and people are unaware of them. You can approach these areas and can get benefits out of them. Concentrate your efforts on operating in low-turnover areas to analyze potential clients who interact with agents from high-density areas.

Make yourself a data nerd in your field:

Profound knowledge is power in real estate, as it is in other sectors. Buyers and sellers both do value agents who know stuff they don’t and can talk sensibly about trends, new regulations, or long economic viewpoints for a specific location. It would help if you visited the most common real estate sectors in Pakistan to make yourself a data nerd. Concentrate on a particular topic and devote the required time to mastering it.

Make contact with local employers:

Many larger companies relocate staff from inside the state and even from outside the country. And all of these employees require a place to reside. Contact their human resources departments and seek a casual meeting. Once you’ve gotten inside the door, you may inform the organization that you’re willing to collaborate to ease their employees’ move to a new region.

Positive Attitude:

Excellent communication abilities do not necessitate a high level of competence or knowledge—only your behavior and actions matter. With suitable pauses, hedges, and twists, a clear and sophisticated language will function.

Conclusion:

For Pakistan, the procedure for acquiring clients and customers is simple. You must first attract them to learn about you through marketing, and then you must create a connection with them that will ideally result in a sale. You should collect their contact information throughout the process, either by an email follow-up system or by maintaining your client management list.

For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.

Anyone who has worked in the property management industry understands how competitive it is. It necessitates a wide range of abilities that newcomers may not anticipate. It entails everything from dealing with evictions to negotiating contracts for waste collection, grounds maintenance, and janitorial services.
Aside from being an exciting and lucrative career, the road to success in the property management industry is a long and winding one. You must be well-versed and prepared for the drive if you want to get to your goal. It understands the difference between being a property manager in Pakistan and a consistently successful property manager in Pakistan.
Consider these ten property management pointers to assist you in dealing with various challenges and scenarios in Pakistan.

Skills in Organizing:

The ability to organize is the first and most crucial talent required of a property manager in Pakistan. It includes talking with tenants, maintaining a complete record of each property, and keeping track of any forthcoming duties on a to-do list. It necessitates the competent and efficient management of obligations. In Pakistan, a property manager’s job requires handling many jobs simultaneously, necessitating excellent organizational skills.

Establishing Protocols and Policies:

To avoid miscommunications and potential difficulties with tenants, property managers in Pakistan must have policies and procedures in place. All regulations for tenants should be written down and supplied at the time of lease signing. Similarly, property managers must have protocols in place for a variety of situations.

Understand the law:

In Pakistan, a property manager must check the state’s fair housing legislation on a regular basis. Property managers may be required to have real estate licenses in some states, while others may demand different certificates or licenses.
He must keep up to date and ensure that he follows all regulations; if he has any legal questions, he should see a property lawyer or an attorney. To avoid any rental troubles, use a search engine to look up the regulations for the state in which you plan to manage properties.

Check out your Tenants:

Many experts stressed the importance of selecting the correct tenant and that there is no substitute for a thorough screening procedure. In Pakistan, it’s critical to ensure that your tenant screens are as thorough as possible so that you can distinguish between excellent and unreliable tenants. The most significant tenants are individuals who can pay on time, take care of the property, and have no criminal history.

Attempt to Resolve Disputes Without the Need for Lawyers First:

Meeting with the renter and addressing the issue helps resolve many tenant conflicts. Before threatening eviction and bringing in a lawyer, follow all property protocols. Noise violations, late rent payments, and management’s inability to enter the flat to undertake repairs are among the most typical complaints in Pakistan.

Abilities in Finance:

Because you may be responsible for negotiating lease agreements, collecting rent and utility payments, paying vendors, and tracking daily spending as a property manager in Pakistan, you must have a thorough understanding of financial management. As a result, you may utilize a search engine to look up different accounting software applications and rapidly produce reports, as well as keep an updated spreadsheet to track your earnings.

Marketing Skills:

Marketing abilities are one of the most undervalued aspects of property management that are often overlooked but are equally vital. Marketing is necessary to advertise vacant apartment units and to be able to write compellingly about them.
Knowing how to write a professional property description, take high-quality images, and create exciting video tours may help you showcase the most significant features of the homes you manage and pique potential tenants’ interest.

Maintain Thorough Digital Records:

Physical mounds of paper are significantly more challenging to sort through and file than digital records. You don’t need to waste time digging through your files for something specific, like a maintenance receipt or contact with a tenant, to find that the records are inaccurate or missing.

Make use of the Internet:

The usage of Internet is expanding in tandem with the country’s advancement. The Internet is used for various tasks in today’s society, ranging from marketing to corporate administration. As a result, instead of fighting the times, it is wiser to evolve with them. A few examples are creating online ads for your vacant homes, finding tenants online, and researching the best maintenance companies.

Keep Regular Office Hours:

It may appear to be Pakistan’s most basic property management idea, but your renters must know when the management office staff is available for non-emergency issues. Tenants may quickly notify property management when a maintenance call is needed, rather than putting it off and letting the condition in their apartment deteriorate, perhaps resulting in costly repairs.

Conclusion:

Property management in Pakistan is a 24-hour-a-day job that requires constant attention. Property management may be both fascinating and profitable, but it requires both time and money. It’s a fast-paced, fiercely competitive market. As a result, it’s critical to have skills and abilities that allow you to stay ahead of the competition. These habits, along with self-discipline and drive, will benefit both your professional and personal lives.

Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about Property management in Pakistan.

Several problems have hampered the development of Pakistan’s real estate markets. In many situations, the limits are a complicated consequence of ancient and contemporary historical processes and the methods in which the economy has been managed since 1947. The comprehensive real estate management platform is called Real Estate Operations (REO). It offers the funds with strategic management and an end-to-end service offering, focusing on delivering consistent, high-quality service, systems, processes, reporting, and people. Procurement, facilities and technical assistance, sustainability, safety, the environment, capital transactions, marketing, and communications, project management, research, and commercial development are all included in Real Estate Operations and Productivity.

Real Estate Operations Tips:

An agent’s ability to negotiate deals, arrange appointments, and assist clients is critical to their success in real estate. The best real estate agent success ideas assist in the generation of a steady supply of high-quality leads. In 2021, the following suggestions can help you become a more effective agent in Pakistan:

Make a Business Plan First:

We should revisit or create a business plan for the following year at the end of the previous year. This may appear to be a time-consuming activity, but it will reveal which actions helped a business expand in the last year and which ones failed. Consider a business strategy as a recipe or set of instructions for repeating what worked in the past.

Categorize Your Contacts in a Database:

People generally add everyone and anybody they encounter in their contact database when they first start as real estate agents. However, over time, you’ll see that some leads are more likely than others to result in a property purchase or sale in Pakistan. This is why it’s crucial to categorize connections so that your time and resources are focused on clients who refer your business frequently.

Expand Your Circle of Influence:

The best leads and future business sources are people who know, love, and trust you. These people extol your praises and have direct knowledge of how you run your company. You’ll want to stay in touch with this group of people regularly or “in the flow” with them because they’ll refer you to relatives and close friends.

Recognize that Real Estate is a Full-time Job:

Real estate in Pakistan is not a club that you join and then decide not to attend meetings at times. It’s a full-time job and a full-time commitment. You’ve already set yourself up for failure if you think you can do real estate part-time.

Invest in your Company’s Brand:

In Pakistan, name and brand recognition are vital whether you work for a large or small company or have started your own real estate firm. You must have a distinct appearance and feel that people in your neighborhood will recognize.

Real Estate Productivity Tips:

You can’t be everything to everyone in real estate to be successful. You can’t do everything on your own, either.  Following are the most important tips for developing your business in Pakistan while remaining productive and balanced.

Don’t Forget to Structure your Day:

In a business where clients must be catered to, time blocking might be complicated. You may be tempted to make yourself available at a moment’s notice and agree to meet at times that are convenient for others, but this is how you lose control of your own business and time.

DO Establish Strict Boundaries:

When it comes to real estate in Pakistan, boundaries are crucial for survival, success, and mental wellness. Working through the clock may appear to be doing your business a favor by going “all-in,” but you’re harming yourself and your clients by putting yourself at risk of burnout.

DO Make a List of Your Money-making Activities:

You want to handle your firm like a CEO as a real estate agent. And the CEO isn’t in charge of everything; instead, they focus on the tasks that demand their knowledge and attention. The activities with high monetary worth. Start by keeping track of your daily activities to improve your productivity (while avoiding fatigue).

DO Give 110% When it Comes to Clients:

Clients’ most critical expectation is to be heard. In Pakistan, people desire to be appreciated and cared for. They want to feel as if they’re the only ones in the room and that you’ll treat them like royalty.

Conclusion:

Real estate agents in Pakistan try to cram as much as possible into each day, from client appointments to open houses to contracts, all while on the go and using their phones. Every minute saved translates to more time spent on lead creation and growth, so anything that boosts productivity helps a lot.

Stay tuned to Feeta Blog to learn more about Pakistan Real estate.

Investing in Gawadar can be an excellent opportunity for you. The land of Gawadar has proved to be a game-changer for entire Pakistan. Gawadar is known to become the next Dubai. Investment in Gawadar today can yield you considerable returns in the future. Many developing projects would surely be profitable shortly like Gawadar Port, International Gawadar airport, energy systems, railway tracks, etc. It would not be brilliant of one if they would not invest in Gawadar. However, the investment will grow in Gawadar, that is for sure, but it will take time. Before you invest in Gawadar, know that you will be investing in a long-term project. The following guide will help you make your decision to invest in Gawadar real estate.

Find Trusted & Authorized Agents:

When investing in Gawadar’s real estate, make sure that you choose the land wisely. Don’t buy from any private parties without any real estate office. Make sure that whoever you are purchasing from should have credibility. Ensure that whoever you are purchasing a property from must be approved by the concerned authorities and departments. You can even ask them to show you any registration certificates. After you find such a person, book the land you want to purchase by depositing a token of at least 20% of the total amount.
After you make that deposit, your real estate agent will identify and demarcate the land, who will accompany the local Gawadar DCO office representative and the seller party. Then the exact dimension of the land is provided with a site plan. At this stage, a Bina agreement will be prepared by your real estate agent, and you would be required to pay 30% of the total price to the seller. A transfer date is decided after the transfer of payment is complete. This transfer is followed by a registry document, which seals the ownership of your land.

Pick the Right Mouzas:

Choosing the right mouza is very important. If you have selected the perfect mouza to invest in, then you have kicked start your investment, and your investment in the future will be profitable. In the future, the mouzas will be ranked based on their connectivity with major road networks and highways. The Gawadar Real Estate Developers believe that the mouzas that would be closed to the roads and highways would be of more value, but this is just an assumption that is why do not haste into buying a mouza near the roadside as the Gawadar master plan isn’t released yet.

Additional Expenses on Purchase:

There are certain other costs that you would have to incur when purchasing a property in Gawadar other than the price of the land. A particular cost is allocated for the paperwork, demarcation, GPS, newspaper ad, DCO office fee, taxes, and your agent’s commission. These are some of the additional costs that you would have to incur on purchasing the land. However, this cost is bound to fluctuate based on the size of your land.

Stringent Verification Criteria:

According to the Gawadar development authority, the buyer must get a NOC (no objection certificate) issue before investing in the project. This instruction is vital as many projects in the past have been sold without acquiring GDA’s approval. If the buyer doesn’t confirm that the GDA land is allowed for resale, it can cause him a lot of trouble. That is why avoid getting scammed by buying land without approval from the Gawadar development authority.

Conclusion:

Investing in Gawadar is different from investing in the other cities of Pakistan. Gawadar’s journey has just started, and it is high time that you can invest there to earn handsome profits in the future. This city will see a massive transformation in its infrastructure, and the investors are looking forward to getting the most significant gain in the real estate industry. The investment in Gawadar is no doubt a slow process, but it is a guaranteed success.

Meanwhile, if you want to read more such exciting lifestyle guides and informative property updates, stay tuned to Feeta Blog — Pakistan’s best real estate blog.

The real estate market has numerous highs and lows and is influenced by various elements such as interest rates, economic circumstances, and employment growth. In Pakistan, becoming a prospering and renowned real estate agent is nothing resembling a treasure quest. There are no tightly held secrets either. At the exact moment, real estate may be a demanding endeavor for those unfamiliar with its procedures and strategies. In a dynamic real estate market, lead creation, in particular, can be complex. In Pakistan, the following tips and techniques are considered in the real estate market.

Sales-Generation Tips:

Here are the top sale-generation tactics for a quickly changing real estate sector in Pakistan to help you keep the customers coming in:

Increasing Awareness with Real Estate Social Sites:

Sales generation increases with the use of multiple networking sites. With the advancement of technology in Pakistan, many people conduct online research before buying or selling a property.
Social media usage helps produce real estate leads. To keep in contact with your followers, post the most recent bundles and upgraded real estate lead-generating services on your company’s social media page. Use Google Ads and Facebook Ads to promote your business. It is far more beneficial than real estate agent leads. Pakistani people indulged in the usage of apps. They use various applications to buy and sell anything.

To Develop a Local Presence, Participate in Community Service:

Maintaining up-to-date community activities is an excellent method to draw attention to a realtor’s website and social media accounts. However, this isn’t always enough, so getting more involved in your community is a great approach to establishing yourself as a significant presence.
As in Pakistan, people are very social. You can get benefit from it by participating in social or cultural events. Finally, getting to know the communities where they work and sell and developing a local presence may be highly beneficial to an agent.

Put your advice into critical consideration to satisfy clients:

Clients are frequently perplexed about what operates for them and what they enjoy. Especially in Pakistan, it is challenging to satisfy clients. The seller will need your total concentration if they want to know how to receive a fair value of a property they possess. Likewise, please inquire about the consumers’ difficulties and worries, and make every attempt to fulfill them to the greatest extent possible.

Prospecting Tips:

Here are a few prospecting tips and samples which can help you to enhance your work in Pakistan:

Work in underserved, rising locations:

Prospecting is at the heart of a real estate agent’s job. Sadly, the more vital it is, the more Pakistanis neglect it. It is most likely why we seldom see agents growing or growing in large numbers.
Surveying and prospecting skills are essential in this job. You must learn to conduct primary research to determine to purchase and selling patterns. Agents prefer to work in high-turnover locations where the business’s dynamics are already favorable. Pakistan has numerous areas which are underserved, and people are unaware of them. You can approach these areas and can get benefits out of them. Concentrate your efforts on operating in low-turnover areas to analyze potential clients who interact with agents from high-density areas.

Make yourself a data nerd in your field:

Profound knowledge is power in real estate, as it is in other sectors. Buyers and sellers both do value agents who know stuff they don’t and can talk sensibly about trends, new regulations, or long economic viewpoints for a specific location. It would help if you visited the most common real estate sectors in Pakistan to make yourself a data nerd. Concentrate on a particular topic and devote the required time to mastering it

Make contact with local employers:

Many larger companies relocate staff from inside the state and even from outside the country. And all of these employees require a place to reside. Contact their human resources departments and seek a casual meeting. Once you’ve gotten inside the door, you may inform the organization that you’re willing to collaborate to ease their employees’ move to a new region.

Positive Attitude:

Excellent communication abilities do not necessitate a high level of competence or knowledge—only your behavior and actions matter. With suitable pauses, hedges, and twists, a clear and sophisticated language will function.

Conclusion:

For Pakistan, the procedure for acquiring clients and customers is simple. You must first attract them to learn about you through marketing, and then you must create a connection with them that will ideally result in a sale. You should collect their contact information throughout the process, either by an email follow-up system or by maintaining your client management list.

Also, if you want to read more informative content about construction and real estate, keep following Feeta Blog, the best property blog in Pakistan.

Pakistan is rich in natural beauty, with spectacular mountain peaks, lush green landscapes, and fascinating archaeological sites. Its diverse environment and resources make it one of the few countries with a diverse environment. When one visits there, they find cultural heritage, known as the heart of cultures. Pakistan is a developing country, and in recent years Pakistan has been drastically focusing on its infrastructure expansion due to the CPEC project and the development associated with it, like building dry ports, Gwadar port, and airports. Such developing areas attract many real estate investments from private and government sectors as people prefer to live next to or in commercial areas. In Pakistan, real estate marketing involves capturing the attention of investors by displaying the commercial value of a particular area and the perks it brings along. People know and are interested because the area currently developing will be developed and will eventually generate massive revenue.

What Is Property Marketing?

Property marketing is a type of marketing that focuses on selling real estate, both commercial and residential. New build developments or property resales involve branding, positioning, and promotional techniques (advertising and public relations).

Property Marketing In Pakistan:

The property business has a vast scope in Pakistan. It is the most profitable investment segment. Pakistan’s real estate market has been one of the fastest-growing pinnacles developing sectors withinside the economic system of Pakistan since the beginning of 2021. It continues to be developing at a non-stop pace. But how is this sector doing its marketing in Pakistan?

Through Websites:

Real estate websites provide customers with ease and sellers with visibility. Before scheduling a live tour, buyers can look through hundreds of photographs, videos, and features of the home. Real estate Sellers who list their properties on these sites reap the same benefits: A home can be viewed by hundreds, if not thousands, of potential buyers online without having to visit.

Through Social Media:

Social networking is the best tool for real estate professionals in Pakistan and worldwide to keep current. It’s an excellent tool for determining market trends, real estate wants, and devising new ways to communicate with not just your clients but also your competitors.  Among many social media platforms, Facebook is taking a lead mainly due to its friendly interface.

Facebook:

Facebook revolutionized social media. We still think of it as the forerunner of all social media a decade and a half later. Because Facebook is such a vast platform, publishing an ad there ensures that your message will reach many people and is a great place to meet professionals. The constantly updating news feed will allow you to meet a lot of potential clients.

Through Word Of Mouth:

Relationships are what drive business for real estate professionals. The last person you assisted in purchasing a house will be able to recommend you to their friends and family. The mortgage broker you frequently promote to your clients, as well as the construction crew. You also worked with a construction crew to fix up a house you were listing, which can be held liable. You win when happy customers and business partners choose to share their positive experiences with you publicly.

Through Ads:

Ads are one the best and most effective ways that agents use for marketing purposes. Facebook ads help agents to target their micro-audience. You can target your Facebook ads to a specific audience interested in real estate or who is looking to invest. For example, these agents target individuals living in Lahore to invest in Murree or Islamabad with rental income.

Through Billboards:

While many real estate investment firms and individual investors have shifted their focus to online platforms or remain reliant on direct mail, billboard advertising still complements existing efforts. Real estate marketing on billboards can still be effective. It’s a fantastic method to go huge. This may be the best way to stand out, attract attention, and control their markets for real estate owners.

Conclusion:

Many local Pakistanis and Pakistanis living abroad are investing in the real estate business, making it the country’s most successful sector at the moment. Because of the earnings and benefits, real estate investment is encouraged more than in any other sector. Not only is building progressing at a faster rate, but it has also provided many jobs for the Pakistani people.

Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about Pakistan’s Real Estate.

Pakistan is a country in South Asia. It’s marked to be the world’s fifth most populated country. By area, it’s the 33^rd largest country and consists of 225.1 million population and increasing.
It has the Arabian Sea and the Gulf of Oman along the 1046km of coastline in the south. Shares borders with Indians in the East. Shares borders with Afghanistan on the West. Shares borders with Iran to the Southwest. Shares borders with China to the Northeast. It shares a maritime border with Oman and is separated narrowly by the Wakhan Corridor of Afghanistan from Tajikistan.

Real Estate:

Covid-19 had everyone shook in all fields of business expertise. One market that had a hard hit was real estate and construction. Some even stated that the economic downfall would be higher than the biological.
What exactly is Real Estate? Real estate is the permanent improvements attached to any land bought; the changes can be artificial or natural.
Real Estate in Pakistan has been one of the fast-growing businesses in Pakistan for 2021 and continues. People within and foreign to Pakistan have been investing in Real Estate in the year 2021.

Why the Sudden Surge Investment in Pakistan Real Estate?

There’s been a massive reduction in property tax. The gold prices are unstable, the same as the stock market. The residential dreams are coming into being due to the decrease in construction taxes.

Karachi:

The check upon black money search headline made a short sale of Real Estate in Karachi take place. Black money was being turned into white money. Due to this sudden investment, there was five times rise in the real Estate of Karachi.

Lahore:

The trend of living in apartments has come to arise due to a decrease in space. Lahore has been increasing its number of vintage and Boho style cafes, which has led to living in apartments in a more standard style as increasingly the lands are being bought by owners for food businesses. Individuals want to have a dream house, but the increase in real estate has caused the shift to apartment lives. This option leaves a large amount of savings and can have you situated in a place of your liking.

Islamabad:

Here, there’s a high return for the investor’s investments. The best investment sites lately have been Bahria Town and DHA. The high rent for apartments has been causing an excellent return for the investors.

Gwadar:

For immediate returns, no investments should be made as the city is still in the making, and the government has approved its plan, but no strict real estate action has taken place.

Multan and Bahawalpur:

The sale of Real Estate has risen in both of these cities, indicating future growth and profit. Multan has been developing fast, and Bahawalpur has its DHA societies developed already.

VOLATILE NATURE:

Due to the volatile nature of investors, Pakistan Real Estate seems to be going well in 2021 than in 2020 as other investments have been ignored. The decrease in the prices makes the investment profitable for future purposes.

Climate Change Effects:

• Seal level rise may cause flooding in Sindh areas.
• Rise in temperature may cause volcano eruptions and sand storms in Baluchistan.
• Heatwaves may cause the deaths of the poor who don’t have facilities.
• Landslides, sea storms, and cyclones may have people to lose their homes.

Culture:

Pakistan follows a collectivist approach. This means that joint family systems are a norm and if not, even in nuclear families, an individualistic approach is quite rare. Investments in real estate are taken into account according to the family livelihood style and cultural backgrounds.
People from lower socio-economic backgrounds have to take care of their family’s needs, and due to the rise in real estate prices, they can barely afford the rent. In contrast, people from the high class have the opportunity to move around and change lifestyles sites.

Conclusion:

Covid19 has had its negatives, but it will play a huge positive for all the investors of today in the real estate market soon, as predictions show a high chance of a rise in the upcoming years.

For more information on the real estate sector of the country, keep reading Feeta Blog.

The real estate sector of Pakistan is attractive to millions of people globally as this industry is one of the most profitable industries. The returns on this investment are healthy. However, investing in Pakistan’s real estate is not easy. It is not only a matter of buying and selling, but it goes way beyond that. It has to do with intelligent considerations and a lot of experience to obtain handsome rewards. Here is a guide on how to invest in Pakistan’s real estate.

Only Invest In Reliable Schemes:

Do not go around experimenting. Make sure whatever scheme you are investing in is reliable and well established. Many property dealers are great marketers that can sell off their low-rated properties too. There is a massive risk if you are investing in any property whose reputation isn’t well established. Few projects that are safe to invest in are Bahria Town, DHA (defence housing authority), new metro city and Gwadar golf city. Even if you want to invest in any other area, make sure you do your research before deciding.

Choose Location Wisely:

When purchasing a property in Pakistan, looking at the location is very important. Before buying the property, question yourself whether the location will earn you more profit or if it’s a suitable area for living and investing purposes. Location is essential when purchasing a property as it determines the value of the property. Choosing a location wisely is necessary to yield high profits in the future.
Gather all the necessary details about the location but make sure whether you buy residential or commercial, your property should be in a prime area with excellent road links.
Another thing to look at is to see whether the area’s status is developing or developed where you are purchasing the property. Make sure the surrounding of the property is free from any noise pollution and is close to the necessary facilities of life and commercial interactions as these factors also profoundly influence the value of your property in Pakistan.

Determine the Future Value of Your Property:

Before purchasing the property, determine its future value. People usually ignore this aspect, but it is essential to determine whether the value of your property will appreciate or depreciate over time. Many factors can influence the value of the property. That is why make sure that the area you purchase your property is safe and in a more fabulous neighbourhood.
Carefully consider the development stats of your property, whether it is established on sustainable and exclusive ideas. These are all things demanded and shouldn’t be avoided when purchasing a property in Pakistan.

Become a Tax Filer:

The government is stringent on non-filer. If you are a non-filer, you would likely have to pay additional tax when purchasing the property. That is why you become a tax filer and file your taxes right away. If you are abroad, make sure you file your tax returns regularly so that you don’t have to pay for them afterwards on any income you make on the property in the future.
Although filing your tax is quite complex, it will provide you with significant financial benefits.

Conclusion:

Real estate investment in Pakistan is becoming popular day by day despite what people say. It is the most lucrative investment. Out of all the investments, one of the safest ways to make sure that you earn capital on your money is through real estate investment.

The value of land continues to increase over time. Additionally, giving your property for rent can be a continuous income stream for you every month. However, earning returns on investment in real estate in Pakistan is relatively slow. That is why when you are purchasing a property; make sure that you earn your return in at least 2-5 years. Apart from it, you may use it for your personal use, and it is an outstanding asset to own, and you can transfer that over for generations.

For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.

Lahore is a historic city with old architecture. Some magnificent structures date back to the Mughal Dynasty, as well as vestiges of Colonial oppression. It is a city of flowers, which people relish in the heat by flocking to late-night tea vendors strewn across the city. Property investment opportunities abound in large cities. These Lahore investing choices are an excellent method to protect your future and your hard-earned money.

High Reverts On Real Estate Investment in Lahore:

Lahore’s real estate market has one of Pakistan’s most significant returns on investment. It might be ascribed to the numerous investment opportunities it provides, as well as developers’ ongoing desire to provide new and intriguing enterprises. Because of its centralized location and the placement of all the most famous cafes and retail businesses, Lahore’s Gulberg district is the hottest investment region. Here’s what to expect from the second batch of investment in Gulberg, which is expected very shortly.
Raiwind Road in Lahore is the runner-up you should look at. Raiwind Road, a bit further out from the main city center, offers elegantly planned comfy neighborhoods that provide one of the most profitable investment options. The city is expanding rapidly, and the latest advancements and ventures are hitting the real estate market with it. In Lahore, a new trend has been noted that is reorienting the real estate market while also offering more significant earnings. This shift is away from residential and commercial lots and more towards apartments and mixed-use structures.

An Opportunity to See the City Close Up:

Here are some of the top tourist destinations in Punjab that you may readily access if you live in Lahore. Hiran Minar, located just a few kilometers from Lahore, offers breathtaking vistas and is ideal for a one-day picnic. With our guide on six attractions near Lahore, you can also bring your kids on a historical journey and trace the Mughal heritage, as well as the lovely parks around Lahore that are certain to be a treat.

How to Buy a Property in Lahore?

Continue reading to learn about the process of buying a house in Lahore. Lahore is a large city with many different types of exclusive and business areas. The city is divided into numerous sections based on the accessibility of workplaces and the area’s population. If you desire to be in a peaceful environment, you should visit a residence on the city’s outskirts. However, if you’re going to live in the city’s heart, you should consider buying a house in old Lahore.
Furthermore, before investing in a land project, make sure that the lodgings culture you will contribute is legitimate and authorized by the LDA. Furthermore, ensure that the property has all of the essentials as well as conveniences. Examining many small dwelling castes in Lahore is among the best ways to discover homes in Lahore.

Invest Only in Legitimate Projects:

When you put your money into a program, you want to make the most significant money possible. However, many individuals become prey to scams in their search for profit, notably in Lahore, where new systems are offered daily. As a result, you should only invest incredible programs like Lahore Smart City. You reduce the risk of your venture by doing so.

Investment in the Early Stages:

Any wise real estate investor would always invest in a venture while it is still in the planning phase, as this is when the investor makes the most money. Rates are lowest at the beginning of the project, but as time passes and the project progresses, the cost grows.

Conclusion:

Lahore is also the primary city where the Motorway project started. It means that places further north in KPK, as well as lower sections of Punjab and Sindh, are easily accessible. Having property here allows you to pursue all of these opportunities!

Meanwhile, if you want to read more such exciting lifestyle guides and informative property updates, stay tuned to Feeta Blog — Pakistan’s best real estate blog.

Karachi’s real estate sector provides services to nearly 20 million individuals. From dozens of residential properties to thousands of squatter colonies, the size and complexity of this city captivate everyone. Property values are rising in practically every popular neighborhood.
In the latest days, the city has seen the development of multiple real estate developments in various parts of Karachi, especially in the outskirts, causing its real estate industry to expand on an unprecedented scale. These quickly developing property projects provide people with numerous residential and commercial plots, resulting in new real estate investment options.

What Should You Know About Property Investment in Karachi?

Purchasing a home or property in Karachi can be an exciting experience for people. But, being a landlord in Karachi is not as simple as it sounds. First and foremost, you must conduct a property price survey to determine which types of property in Karachi are in high demand and expanding in value.
Karachi is a sprawling metropolis with numerous districts and localities. As a result, considering property investment in Karachi is akin to capturing a small fish in a vast ocean. Simply put the search query ‘Property for Sale in Karachi‘ yields hundreds of responses with varying price tags.
Projects offered solely through the internet or Text, with no authorization from a trustworthy agency, should be viewed with caution. So, if you cannot validate their legitimacy or any other information they offer, it is best not to deposit any money in such a case. It is one of the most significant real estate investment ideas that Karachi property investors should follow.
If you search for a business or a domestic property, having close facilities and a protected place can only increase the property’s value. When looking for a particular house for sale in Karachi, you must consider all of these things. Under development, housing projects inside the city have higher profit possibilities than fully built societies in Karachi’s outskirts.

The Fundamentals of Property Investing in Pakistan:

It will help if you are mindful that there is no one-size-fits-all approach to defining real estate investment adequately. Yet, we may say that selling, buying, or leasing property for the sake of capital gains is essentially a property investment. Here are some property investments that are most useful in Pakistan’s real estate market:

Buying and Reselling Plots:

Buying plots at cheaper costs to sell them at increased prices is among Pakistan’s most prevalent real estate investing techniques. In this business, investors buy lands and retain them till their prices rise. This rise is subject to the passage of time and the progress of the project in question.

Buying a Property to Rent Out:

Whether it’s a flat, a house, or a business building, buying and renting out a place is a profit real estate investment. Now, all you can do is sit back and enjoy the steady monthly income while your property worth rises day by day.

Attempting to Sell Your Property:

It is the phase at which you begin to see a return on your investment. When you believe your property has reached its maximum value potential, it is time to sell it. If your desire is to get the most out of your investment, so bear in mind the listed considerations.

• Make use of a variety of resources
• Analyze the value of your item
• Analyze the value of your item
• Reconfirm allotment
• Cash transactions must be rescinded

Conclusion:

Yes, after you’ve looked over all of the suggestions mentioned earlier, you should do this. If it meets your requirements and budget, purchasing a plot in Karachi can be a fascinating experience. Before closing on a contract, as an investor, double-check everything regarding the property you’re interested in.

Stay tuned to Feeta Blog to learn more about Property investment in Pakistan.

The real estate business is a great way to ensure your future safety. However, just like any other investment, investing in real estate can also be quite hard. Before making any hefty investment, you should be sure that you will get equal or more return from it by knowing the right place to invest your money. To make a tidy investment, you need to see the long-term and have perspective. You need to be able to make the decision wisely. Here is a guide that will help you make a good decision in choosing the right place for your investment.

Invest In Only Trusted Real Estate Projects:

When you invest your money, you don’t want it to go in vain. If you want to make a profit on your investments that you can do by choosing the right project. When looking for projects to invest in, people fall victim to the scheme, especially in Islamabad. The marketing and sales genius people can sell such property to new investors that wouldn’t do good in the future. That is why before making a significant investment, you should look at the project’s credibility and estimate its future value. Invest with only well, such projects that you can trust and are backed by credible names. It reduces the risk of your investment drowning.

Find The Best Location To Invest In:

You need to choose the best possible location for your investment. The location highly influences the value of your property. Choose such a location that you know has worth, and its worth will only increase from thereon. A few factors that you should keep in mind before looking for a location to buy real estate property is that it should be closer to the necessities of life and should link the road quickly. It should be in some isolated corner. And should have a good reputation. You can even browse the demand for the properties in the neighborhood or see the growth figure of the properties to make sure that the location is worth your investment.

Invest At The Developing Stage:

A great piece of advice would be to invest in real estate properties when it is still in their developing stage. Most investors do that as it is a great way to yield more profit. When in the developing stage, the property is valued minor, and the prices are low, but with the project’s growth, the property’s value will go up from there only, and the cost increases. The timing of real estate investment is critical.

Prefer Long Term Real Estate Invest:

Your real estate investment should be made for the long term. The value of the prophecy, if located in a good place, will only arise after you purchase the property. That is why it is preferable to hold your property for at least 2 – 3 years to earn a good return. Also, before investing, make sure that you figure out all the expenses you incur when purchasing a property, like purchase cost, transfer fee, legal fee, etc.

Strategies To Earn High Profits:

There are numerous ways to earn more profit in real estate. Firstly, the trick is to buy the property in its foundation stage as the cost will be low at that time, and then with time, the value of your profit will go high. This way, you can generate a handsome amount in a bit of time. The second way you can make more profit is by purchasing a fully developed house, apartment, commercial shop, etc., and then renting it out. This way, it will become a viable source of income for you, and you can earn massive amounts without having to do anything, and with that, the value of your land will go up with time. This way, you can make more profit just by strategizing your source of income.

Conclusion:

There are many ways with which you can invest your money. However, real estate remains the top one in which you don’t have to lose your money, and your money can become a safe asset for you. Real estate investment is a stable and financially sound investment that can generate a handsome profit for you.

Also, if you want to read more informative content about construction and real estate, keep following Feeta Blog, the best property blog in Pakistan.

Managing land is a difficult job, but getting the property to be rented, housing tenants and providing them with necessities, and making them feel at home takes a toll on the landlords. Finding an ideal tenant is undoubtedly complicated, but retaining them also is also an art. Landlords seek dependable and trustworthy tenants, while tenants look for the same qualities from their landlords. It’s critical to think of this bond, and one has to build on mutual respect if you want it to succeed. As a result, you’ll be able to discover long-term, happy tenants who will take after your property for the duration of their stay.
Let’s discover what the most effective & doable tips to keep the tenants happy & satisfied are:

Tips to keep your tenants happy and for the long term:

Retaining your tenants and not getting them to leave soon is undoubtedly the most challenging job the landlord has to do. With the help of the following tips, you can achieve the desired outcome.

By being a good landlord:

People tend to flock toward welcoming, warm and kind people, and on the contrary, tend to dislike obnoxious and uncooperative people. If you want your tenants to feel comfortable and stay longer, you have to start with being a better person & ultimately a good landlord.

By not suddenly increasing rent:

These are challenging times when many people are struggling financially to address their needs. If, at such times, rent also skyrockets, the tenants might not want to live in such a place. Gradually & with consent increase, the rent & not burden them financially is an excellent step if you want them to stay longer.

By Addressing the Rules Beforehand:

One thing the tenants hate the most is to be disturbed or lectured on rules. Address the rules and regulations of the place and the boundaries they have to stay within. Knowing the rules and regulations beforehand can create a more comfortable atmosphere for them.

By Providing a More Welcoming Atmosphere:

Suppose you want your tenants to stay comfortably for a long time. In that case, you will need to create a more welcoming environment like having an open lawn with a pleasant view, providing internet service, and allowing them to keep their pets if you are comfortable with it. Also, by providing small tokens of gratitude like compliments or even by giving gift cards, you can make your tenants happy.

By Maintaining Your Property:

You will need to address the maintenance concerns to the tenants as quickly as possible. One thing a landlord should never do under any circumstances is to make their tenants uncomfortable. You can avoid this by conveying the idea of monthly or even weekly maintenance checks. By doing so, the place will remain well maintained, and the tenants will not be displeased.

By Taking Care of Disruptions ASAP:

As there are good tenants, there are bound to be disruptive tenants as well. Some tenants can disturb other tenants by playing loud music or breaking the rules, making them think this place isn’t worthwhile, which is the last thing you want them to think. Taking care of these disturbances as soon as possible might be a good idea.

By Asking For Help for Vacancy Spot Filling:

It works like a charm if you want long-term tenants. This idea addresses two needs at once; firstly, new tenants will fill the vacant spots, and secondly, your tenants will stick around longer if they have familiar people around.

By Answering the Calls:

Be there when the tenants need help in any way. A missing or careless landlord is the last thing a tenant would want. Answering the calls might be the best choice in the matter.

Conclusion:

Being thoughtful goes a long way. Let this be the first thought in your mind when you welcome tenants to your property; you can be a successful landlord by keeping an eye on the checklist mentioned above.

For more information on the real estate sector of the country, keep reading Feeta Blog.

Social media is quite the norm; from mundane tasks to real-estate businesses can be handled flawlessly through social media. About 33% of the Millennial population uses the internet for nearly 14 hours every day, so, if it comes to real-estate business, the first thing this generation X will inevitably do, is to look it up online on different social media platforms.
According to a survey, about 77% of real estate realtors work on social media, and about 79% of home buyers refer to online websites and resources. Even with limited resources, skilled real estate salespeople & laymen may use the power of social media to develop meaningful relationships and gain more clients. Let’s take a ride with us & explore how each social media platform can be used effectively.

Getting the Maximum Benefits of Social Media for Real Estate Industry:

To generate leads and enhance prospective sales, it’s critical to publish the correct content on different social media platforms. Simultaneously, it’s not just about what you share but also about where you share. In today’s technologically advanced world, house sellers and agents must stay active on social media to maintain interest in freshly listed properties. Let’s discover how the following platform can be used smartly;

Buying and Selling Property through Facebook:

A study shows Facebook users visit the local business pages once a week at the least. The top providers, brokers, and online realtors have made several local business pages on Facebook exclusively for this task. For buying property, you can consult corresponding real-estate pages, where property selling ads are regularly displayed. For selling property, you can create your page and post updates on it, like the visual of your property, i.e., photos or video walk-throughs, to attract the attention of your potential buyers. Create ads and a user-friendly interface to show you mean business.

Buying and Selling Property through Instagram:

Instagram is known for being youthful and stylish. Most eyeballs will be attracted to your Instagram content. Instagram users spend roughly 53 minutes each day on average on the website or app. With today’s hectic lifestyles, this is a significant amount of time. It’s highly visible and displays your listings. You’ll be able to see exactly who likes your postings so you can reach out to potential leads and existing customers immediately. For an Instagram account to rock-make, a compelling bio, remember that hashtags are the new SEO, create a Content Calendar, and always upload the highest quality images and videos.

Buying and selling through Linkedin:

Linkedin is one of the ideal social media platforms for online realtors. It also offers an online group for realtors and real estate agents to network, share their insights, and create connections and referrals. Not only can you buy the property or even commercialize it but also meet potential buyers on this vast platform. You can reach your target audience through LinkedIn ads and through publicizing in the Linkedin group. As this platform is solely based on real estate work, this gives it an edge over other social media apps.

Buying and selling through Twitter:

A solid social media presence is pivotal for the online real estate business. Twitter is one of the essential social media apps to get up-to-date information regarding anything. The real estate business is no exception. Through Twitter marketing, you can access several realtors, brokers, and potential buyers. You need to follow real estate accounts with the most followers and most up-to-date information for buying property. For reference, some good real estate accounts on Twitter are National Associations of Realtors, BiggerPockets Etc.
Similarly, for selling property, you need to create your own real-estate Twitter account, take clear images of the property, provide up-to-date information on a property, welcome the interested clients, and join the online realtor community for accurate information.

Conclusion:

Real-estate business can be handled flawlessly through online means if you know the ropes.  Now, you can do the painstaking task of handling property work with ease through these friendly social media platforms. Buying & selling of property increasingly relies on social media in this era. You must need to be aware of the changing trends of social media to avoid being left behind. Businesses now can contact potential markets even in the most remote regions of the globe, thanks to social media.

For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.

As a newbie investor, real estate investing can be a challenging game to master. Many new real estate investors get into the business, make costly blunders, and conclude that property investing isn’t for them. It can be a massive mistake because real estate investing can make you money in the long term if you know what pitfalls to avoid from the start.
Here are ten real estate blunders that all first-time investors should avoid.

Failure to Conduct Research:

When considering purchasing an investment property, one of the first tasks should be to conduct an investment property study. While you may have conducted basic investment property research and identified a property that you want to invest in, there are likely numerous other factors that you have overlooked. One of newcomers’ most common real estate mistakes is failing to obtain thorough information about the property.

Working with the Incorrect/Wrong Individuals:

Real estate blunders may be costly, mainly when they occur due to working with the wrong people. When hiring the wrong contractors, you risk going over budget or having subpar repairs that don’t adhere to specific laws and regulations. They may even abandon you early, leaving you to pay any fees incurred while the property remains unoccupied and unprepared.

Purchasing the Unsuitable Property:

It is one of the worst investment errors of all time! First, you must select the ideal investment location, one that will outperform the market because it is undergoing gentrification or is where affluent owner-occupiers desire to buy.
Then you’ll need to purchase an investment-grade property, one that will continue to be in high demand from both owners and tenants in the future.

Being Rash or Being Overcautious:

To make intelligent judgments, it takes time, patience, and the acquisition of vital knowledge to choose the perfect investment property. Excessively cautiousness, on the other hand, will not go you very far. While you should gather as much information as possible, you must recognize that you will never know everything. Because of your cautious temperament, you will never truly invest in any property if you spend too much time making judgments.

Options for Financing:

To figure out which financing choices are best for you, always seek the advice of a mortgage broker or a professional consultant. Having the proper framework in place from the beginning can help you save money in the long run. It can prevent you from making mistakes you weren’t aware you were incapable of doing.

Having a strategy:

It’s critical to have a long-term strategy that considers all of your assets. Going with the flow and flying by the seat of your trousers is not a winning business technique. You must understand where you are now and where you want to go before taking any action. It includes budgeting for a set period. Also, don’t be overconfident. Anyone can project, but they’re usually pointless unless they’re founded on facts.

Over-Repairing as a way of making up for over-paying:

Excessive repairs will not get your property out of a given price range in a specific neighborhood. If you approach repairs with this perspective, you’ll almost certainly exceed your budget, even if it’s well-planned. It is why, before investing, it’s critical to decide whether a property is worth the risk.

Preliminary Budget Plan:

Once you start investing in real estate, you’ll most likely have a budget set out to acquire an investment property. But, does your budget account for any unexpected costs that may arise? Aside from the price and a few fixes, there are several costly aspects to consider. Taxes, insurance, utilities, upkeep, and other bills that you’ll incur while upgrading should all be factored into your budget. You’ll also need to look at the property’s cash flow to see if it’s enough to cover your future expenses.

Emotional Leadership:

Many investors have lost money by deciding on a property based on their heart’s desire rather than an excellent future investment. Never allow your heart to take precedence over your brain. If you’re investing in real estate, you need to know why you’re buying and how much money you want to make. All of this data is based on factual research.

Getting no Professional Help:

Even if you consider yourself to be an intelligent budgeter, have you factored in all potential expenses? Purchasing and maintaining real estate may be costlier than you realize. What if your house was to sit empty for a few months? Do you have the necessary funds? Always prepare for the worst-case scenario and enlist expert assistance when necessary.

Conclusion:

While a novice might make numerous real estate mistakes, the most common mistake is to repeat them. It will be easier to look back and evaluate where you went wrong and what caused your significant and minor profit losses if you keep precise records of all the actions you make in every investment.
As a newbie real estate investor, avoiding these real estate blunders will help you make better judgments. Although many people fail when they start investing in real estate, you don’t have to be one of them if you have the appropriate information.

Meanwhile, if you want to read more such exciting lifestyle guides and informative property updates, stay tuned to Feeta Blog — Pakistan’s best real estate blog.

It is said that selling property is more accessible than buying, and the same goes for Pakistan. This is likely because, in most situations, while dealing with property sales, the sellers are exempt from paying erratic taxes and development fees, among other things. Not to mention that selling property in Pakistan isn’t always a stroll in the park. In the real estate market, you must outperform the competitors.
The reason for this is that the property market is saturated with sellers. However, by implementing the tactics outlined here, you can learn how to sell or buy property in Pakistan sensibly, swiftly, and profitably. If you have a home to sell or are looking to buy a property and are reading this, now is the moment to fill your cash-flow bucket.

Why Is It Not Easy Sell Property In Pakistan?

Buying Property in Pakistan is accessible only for the upper class but is ridiculous for the lower class. For example, if a person who has no information about this sector goes to buy any plot or home, he is more likely to face fraud because of the no tracking system in Pakistan.
The rate for an area is 10 lac, but the dealer can say it is worth 15 lac, as the government has no input in this cause. So, the first main point is that Rates are not Uniformed. The other issue is, that fraud occurs when a single piece of land is sold to more than one person, until or unless you are clever enough to investigate through ownership details etc.
Then the registrars or in Urdu ( Patwari). He is the person who is responsible for making the exact location of the plot. For example, on the area of 100 acres, you have a plot of 10 Marla. It is not sure in its initials to make the exact measurement of your plot, where the phase is going. The agent can take you to any random area of the upcoming society and tell you that this land is yours. But after the completion of the social project, many buyers of the plot are left bare-handed after finding that there is no area left, and the area has already been sold to someone else.

What Role Government Is Playing  To Make This Sector Safe & Sound

In the real estate sector, anyone without any prior knowledge is entering this sector because they have the perception that this sector is creating a lot of wealth.  They create their own rules, just like an Idiom that states, “whatever sails your boat.” The government has taken a particular interest in the growth of the real estate industry. As a result of this interest, additional pro-real-estate policies have been enacted, attracting more potential & reliable investors.
The government of Pakistan has taken various actions to improve the real estate sector. Persons who own an immovable property with a land area larger than or equal to 500 square yards and a flat with a covered space of 2,000 square feet or more are required to file returns under the Finance Act of 2009. The decision was made to broaden the tax base.
In 2010, the Federal Reserve Board issued a circular authorizing provinces to collect Capital Value Tax (CVT) on immovable property. It is a tax on the capital value of the purchased asset that the buyer pays at the time of purchase. Capital gains tax (CGT) on sales of immovable properties with a holding duration of fewer than two years was introduced in 2012 by the Finance Act 2012. This meant that persons who had previously been exempt from paying taxes in the home construction industry were now able to do so.
This significantly impacted the real estate market, slowing the sale and acquisition of newly constructed properties. However, the plan paid off in the long term, as the government’s tax collection grew due to the move. In 2014, the law was changed to impose a 10% CGT on the sale of properties withholding periods of up to one year and a 5% CGT on that withholding duration of up to two years, with no CGT imposed on properties withholding periods of more than two years.
Non-filers were forbidden from purchasing a property worth more than Rs 5 million after an amnesty scheme for the reporting of undeclared assets was launched in 2018. All of these real estate policies have had a negative influence on the sector in the long run. The government strives to improve tax revenue collection without realizing the ramifications of slowing down real estate growth because the industry is considered a tax haven for ill-gotten money.

Conclusion:

The real estate business is as complicated as any other investment sector because estimating property prices and future earnings is extremely tough. For this purpose, the investor must have access to precise statistics about current real estate market prices, which is a challenging assignment in Pakistan because the property sector’s most significant difficulty is a lack of simple access to trustworthy information. On the other hand, instead of examining themselves, our investors succumb to the enticements presented by fraudsters. If people invest wisely in this industry, they will not have to deal with fraud situations.

Stay tuned to Feeta Blog to learn more about the property in Pakistan.

The art of selling property has always been more accessible than buying it. It can be confirmed as potential clients tend to visit or contact the seller rather than sellers visiting the clients and finding interested prospects. Another advantage property sellers have is that they do not have to pay taxes of different kinds. There are perks, but this doesn’t make entrepreneurship quite simple.
Here we’ll discuss real estate in Karachi.

Selling & Transfer Procedure Of Property:

The property selling process in Karachi is somewhat similar to those set by individual developers in housing societies. The question that intrigues most individuals is how one transfers property ownership in Karachi.
The transfer process proceeds in the office of Karachi’s land development authority. If the project is from a private sector and registered developers, the transfer of the property takes place in their respective office place.

What to Keep In Mind When Selling Property:

To start a business in Karachi regarding land sales, one should know a few things to keep in mind. Research beforehand should be done regarding the land and its sales. One should find an agent, set the agent’s commission, and keep in mind the token money, initial deposit, no-demand certificate, taxes, and transfer letter.

Research & Agent Hunt:

One shouldn’t depend entirely on the agent they hire but explore the market rate that the property stands. When one knows the worth of their property, they can put it up on sale at the best suitable price. This process benefits both sellers and buyers; when sellers make their minds up about selling their property, they are to check resources to maintain market rates. This process is quite time-consuming but pays off fruitfully.
The next is to find an agent once you’re aware of the market value of the property. One would question why an agent is to be hired, and the answer to that is to scavenger a profitable deal in a saturated market. The agent will be a helping hand in taking care of the processes.

Commission Of The Agent:

The agents get one percent of the profits as they work on a commission basis. Rarely does an agent adjusts commissions by the deal. The best way to overcome the latter problem and complications regarding this is to finalize the commission beforehand.

Token Money:

Once the seller finds the potential buyer, token money is to be paid by the buyer. Token money shows the intention of purchase of the buyer. In other words, token money reserves the property for the payer. The buyer can ask for a photocopy of the original documents of the property once the token money is paid for verification.

Deposit at Initial:

The buyer pays an amount of money marked as the initial deposit, 25% of the total price. The stamper paper is signed at this stage with terms and conditions.
The No-demand Certificate:
One needs to apply for the no-demand certificate near the date of final payment. The transfer of the property isn’t possible without this certificate. This certificate states that no dues are owed and includes taxes, transfer fees, and stamp duty applicable to buyer and seller. The buyer is to be provided with a copy of the NDC.

Taxes:

The tax payment is to be submitted to the house society or development authority office. The buyer must pay the transfer fee, stamp duty, CVT, and TMA Tax for the property.

Transfer Letter:

Both the buyer and seller are to be present at the time of the documentation of the transfer letter. Once the property is transferred to the buyer, the property no longer belongs to the seller. The payment is transferred into the seller’s account within a few days. The seller is to keep a check on their account when the payment is pending.

Conclusion:

Constant vigilance is required and vital when dealing with real estate. One is to be aware of the scams that are present in the market to stay safe.

Also, if you want to read more informative content about construction and real estate, keep following Feeta Blog, the best property blog in Pakistan.

Lahore is the 26th largest city globally and 2nd most significant in its own country Pakistan. With an estimated GDP of $84billion in 2019, as one of the wealthiest cities in Pakistan. Lahore is a safe city for traveling and adventure, but one can find harmony in its environment that invites people to live their lives to their full potential.

Life in Lahore:

The aura that Lahore presents is inviting that makes one want to reside there. It is a masterpiece of land with a combination of the west and the east in all aspects, from health facilities to transport facilities. Another reason for moving to Lahore would be the educational institutions there. Most institutions there are international schools, and many universities there are ranked in the top 10 in Pakistan, making Lahore the educational capital of Pakistan.

Why Rent And Not Buy:

Rent is an important initiative for all those desiring to live in a house, but the cost demand is higher than they can afford. There are various benefits of renting over buying, such as the cost for maintenance, facilities available beforehand, and location of residence.

Steps To Get a House on Rent:

The method of renting a house starts by getting complete details of the landlord and the tenant, description of the premises, period of tenancy, mode of payment, due date, rent enhancement rate per annum, the purpose of rent, amount of advance payment, secure payment and details of bank account if payment is through the bank.
After an individual receives an application from the landlord or the tenant, the power is in the hands of the rent controller to set a fair amount of rent.

Fair Rent:

When deciding on the rent of the house, similar houses in the locality on rent at the current time are taken into consideration in the application being made, and the rental value of the house can be decided as per the property tax assessment register of the taxation department.

Rental Inflation:

The house rent prices have risen by 6.21pc from 4.2pc in the past year. This rise in rents marks the gap between housing demand and supply increase in Lahore. Inflation remains amidst the change in family structures. The inflation shows signs in the increasing cost of real estate and construction work lately that’s affecting the house renting market. This increase may cause a crisis for people living in the city. To control rent inflation, the government needs to push individuals who have used incentives to legalize their illegal money and invest in housing.

Residential Resource:

The internet has made it accessible to find rental places easily in the marketplace. An individual can explore their options and get an anticipated expenditure estimate through the online tools readily available.

Renting in Lahore:

The popular choices of residents in Lahore for renting include one-bedroom apartments and bungalow upper portions. The best locations to pick from in Lahore are DHA Lahore, Gulberg, and Bahria Town.

DHA Lahore:

It is the largest housing scheme in Lahore and is widely seen as a well-planned area of the city. It provides high-end facilities, and educational institutes are known internationally. Its phase 4 and 5 has been catching the eye of tenants.

Gulberg:

Individuals rent houses here to keep in touch with the Punjabi culture and remain close to their workplace. It consists of high-rated restaurants, shopping centers, and corporate offices.

Bahria Town:

It provides unapparelled housing, recreational facilities, and commercial to its residents. Residents wanting to live in a serene housing style prefer Bahria Town for being away from the city commotion but still easily accessible.

Johar Town:

It is the most popular among people wanting to rent houses as affordable options can be found, and the society is well connected with all prime city areas. Living in Johar Town is the best option for most tenants cause of its location.

For more information on the real estate sector of the country, keep reading Feeta Blog.

The capital city of Pakistan is Islamabad. The Federal Government of Pakistan administers Islamabad as the Capital Territory. Islamabad is highlighted as the ninth-largest city with its metropolitan area Islamabad-Rawalpindi is marked as Pakistan’s third largest with a population of 4.1 million people.

Why Decide On Islamabad?

Islamabad is a region of South Asia; it is the epitome of scenic beauty, with wide tree-lined streets all over the city. Islamabad came with a rich history and was even called Potohar Region before its name changed to Islamabad.

Real Estate in Islamabad:

One has to be cautious when buying property. There is unauthenticity and scams in all business fields, so one should be vigilant in their business affairs. An individual should be aware of their budget and the amount they can invest. The buyers may make the payment in the form of instalments. Properties range from high ends to reasonable prices in Islamabad, helping the middle-class population feel a luxurious lifestyle with reasonable prices for a harmonious living in an expensive city.

Location:

The location an individual chooses to invest in will decide their lifestyle. One should consider if the city centre is close to the place they decided on, is public transport readily available, is buying a private vehicle necessary? Are health facilities, education centres, and stores easily accessible? The location of the property involves the mental map of making vital life choices. One should check out the amenities like water, gas, electricity, and sewerage system before their investment and other facilities like availability of security, green areas, parks, and much more.

Consult A Real Estate Expert:

One should take the advice of an expert when investing in property. Advice for investment is essential when in the capital city, Islamabad. Finding a reasonable property may seem near to impossible in an expensive city, but an expert’s years of experience come in handy when wanting to stay within budget.

Reasonable Property In Islamabad:

Living in Islamabad is the dream for many but individuals don’t even think about investing due to the high rates of real estate in Islamabad. Projects like the Blue World City have been marked highly appreciated for their reasonable pricing with facilitating individuals with the necessary needs. University Town, Qurtuba City, Multi Gardens B-17, and PECHS have been highlighted as the most reasonable and affordable housing societies in the capital of Pakistan, Islamabad.

Blue World City:

Blue World City is a reasonable low-income housing society in Islamabad. It is located on main Chakri road near M-2 Lahore Chakri interchange. The proximity to the new Islamabad Airport and both Rawalpindi-Islamabad increases its value, and in the next couple of years, the project seems to give 100% profit to its investors.

University Town:

University Town is situated on Kashmir highway near the motorway of Lahore-Islamabad interchange and the airport of Islamabad. The city is approved by RDA, designed to be facilitated with modern services and centres so all sorts of people can fit together. Different plot sizes are available at reasonable prices and in easy instalments.

Qurtuba City:

Qurtuba City is a housing society with a unique style that has been inspired by the ancient city of Qurtaba, located in Spain. The core centre of its infrastructure was based on the basics of brotherhood and Islamic teachings. The society consists of good plots, readily available on an easy instalment plan. The society is most suitable for the lower and middle classes to invest in as it consists of all amenities of a modern lifestyle for its residents.

Multi Gardens B-17 and PECH:

The Multi Gardens B-17 is an area approved by CDA and situated in the supreme area of Islamabad; prices are comparatively low than other CDA sectors. PECHS is RDA approved and marked as a good investment due to its location, development standards, status, future, and current prices.

Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about Properties in Pakistan.