Newbie Investors Make Ten Common Property Management Mistakes.

Newbie Investors Make 10 Common Property Management Mistakes

As a newbie investor, Property Management Mistakes 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.

Newbie Investors Make 10 Common Property Management Mistakes

As a newbie investor, Property Management Mistakes 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
​Is it easy to buy or sell property in Pakistan

Is Property in Pakistan Easy to Buy or Sell?

For buy or sell property in Pakistan, 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 to Sell Property In Pakistan?

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 Is the Government 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.

Is Property in Pakistan Easy to Buy or Sell?

For buy or sell property in Pakistan, 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
4 Tips for Selling a Home in a Bad Neighborhood

4 Tips for Selling a Home in a Bad Neighborhood

Location is a valuable factor in real estate. Selling a great house in an undesirable place may prove to be a challenge for many homeowners. Often, potential buyers tend to ignore homes in bad neighborhoods or try to extend the sale price to the lowest possible amount. If your house is located in a bad area, you need to come up with a game plan to draw the attention of prospective buyers due to its lack of charm. Here are some helpful ideas to get you started.

Highlight the boundary appeal

While you can do nothing about your neighborhood, you can try to change the prospects of your potential buyers by highlighting the bright appeal of your home. You may not be able to control your surroundings, but you have complete control over the outside of your home. Be sure to mow your lawn regularly, remove all debris, dirt and dead plants. Consider landscaping your yard or starting a flower garden to make it more attractive. The goal is to make the exterior of your home as attractive and attractive as possible to attract home buyers. Ask your neighbors if you could clean their yards if you feel this will help boost the sales value of your home.

Understand your audience

Knowing your target audience will also help you sell your home. Remember that every buyer is different, and what can attract them can be a disadvantage for some. For example, if your neighborhood doesn’t have a quality school district nearby, it can attract single-family homeowners or couples without children, or your house may be on a busy and noisy street, but is close to essential establishments. Watch the neighborhood for any positive aspects you could focus on. Think of innovative ways you can transform the weaknesses of your region into strengths. Consider targeting one-home buyers, as they tend to be more versatile with their budget.

Be flexible with the price

Ekde location is one of the must-haves when buying a house, you need to be realistic when you set your sale price. Make sure to price it accordingly, but avoid starting with the lowest value so that you can have a more hesitant place if you need to drop it later. Check the price range of the other houses in your neighborhood. Be sure to address first-time home buyers and offer them a competitive price. If you are comfortable dropping the price even lower, avoid doing so expensive home renovations and upgrades, as you may end up spending more than you should.

Seek professional help

Selling your home without professional help can be difficult. It is important that you find someone reliable and experienced in dealing with such cases. You can either hire a real estate agent or work with a company like KC Custom Communication which can help you sell your house regardless of its condition.

Remember that even if your house is in a bad neighborhood, there are still buyers who are willing to buy it for the right price. You need to set your expectations, work with your resources and adopt a flexible mindset to get the best value for your home.

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

4 Tips for Selling a Home in a Bad Neighborhood

Location is a valuable factor in real estate. Selling a great house in an undesirable place may prove to be a challenge for many homeowners. Often, potential buyers tend to ignore homes in bad neighborhoods or try to extend the sale price to the lowest possible amount. If your house is located in a bad
Guide-for-Obtaining-a-Domicile

Guide for Obtaining a Domicile

Overview

Obtaining a Domicile, The domicile certificate was introduced in 1951 to register Pakistani citizens, according to the Daily Express, a Karachi-based daily (26 Apr. 2012). A domicile certification is issued for admission to state colleges (Academic 5 Dec. 2012; The Express Tribune 26 Apr. 2012), school systems universities (Academic 5 Dec. 2012), and government jobs, according to authorities (The Express Tribune 26 Apr. 2012). A residence certificate also is necessary for admittance to higher education institutions, according to other sources BBC 7 June 2012; University of Engineering and Technology 2012.

Federal Government could grant a certificate of domicile to every authority in connection with whom it is satisfied that he may have ordinarily resided in Pakistan for a period of just not less than one year leading up to the making of the application but has acquired a domicile within it onto an application being made to it in the specified format and containing the read the instructions. (Section 17 of Pakistan’s 1951 Constitution).

Obtaining a Certificate of Domicile (Certificate of Residence)

A certificate of residence can indeed be granted by the federal or provincial government, or any district magistrate authorized by the provincial government, as per the Pakistan Citizenship Rules, 1952. Pakistan 1952, Sec. 23. So according to Pakistan’s Citizenship Rules.

  • An application for a certificate of domicile should be made in duplicate in Form P, and must be preceded by an affidavit affirming the truth of the statements made in it, and that the applicant still hadn’t migrated to India after March 1, 1947, or even that, having done as such, had brought back to Pakistan under a permit for relocation or permanent return issuance via an officer auth.
  • Any authority with whom an application is viewed has the right to require whatever evidence it deems essential to fulfill itself that the facts presented in the application are accurate and also that the applicant has also been continuously citizen in Pakistan for at least yet another year and intends to live there permanently in Pakistan.

According to sources, when applying for a job

According to sources, an applicant needs to provide the following information when applying for a certificate of domicile, his or her name; parent’s name; place of residence in Pakistan; previous address from outside Pakistan; date of arrival at the place of domicile; marital status; the name of spouse; names of children and one’s ages; barter or occupation; and identifying marks. The above information is included in a certificate of domicile obtained from the police website in the town of Jhelum in Punjab Province, and also the individual’s portrait in the lower right-hand corner of the certificate.

What is a Domicile Certificate?

In general, a state government issues a domicile certificate or a residence certificate to verify that now the individual who possesses the certificate is a resident of the state or union territory stated on the document. A woman who was not born in a Union territory but is married to a man who is a legal citizen of that State or Union Territory or is qualified for a State’s or Union Territory’s Domicile Certificate also is able to qualify for one.

A domicile certificate is a certificate that allows people to obtain numerous benefits such as education, employment, as well as other benefits. Resident Quotas inside the Public Service and educational institutions, and also jobs where area residents are preferred.

How to apply for a domicile in Islamabad?

Per the official government website of the Islamabad Capital Territory, anybody who has lived in Islamabad for a year or longer is able to qualify for an Islamabad domicile. Unless they already hold a domicile from some other city, they must have the existing document annulled while applying for just a fresh one. The following is a list of documents needed to obtain a Certificate of Domicile in Islamabad.

Applicants above the age of 21 should submit the following information

  • Proof of profession or trade
  • two pictures (passport size)
  • A photocopy of the applicant’s CNIC is required.
  • A copy of a father’s or husband’s CNIC is necessary.
  • one rental agreement from the beginning (electricity, gas, or telephone)
  • A copy of proof of address in Islamabad, such as a lease agreement or an allotment letter
  • If you do have children, a copy of Form-B is needed.
  • In the case of government workers, a letter of permission from the department is required.
  • a photocopy of your SSC or matriculation certificates
  • A copy of a Marriage Registration Certificate in the case of married people.
  • A NOC from the native district is required if you have a dual address on your CNIC.

Applicants under the age of 21 must complete the following steps

  • 2 photos of passport size
  • A photocopy of the applicant’s CNIC or Along card is required.
  • A copy of the mother’s or father’s CNIC is necessary.
  • 1 copy of a parent(s)’ Domicile Certificate, upon which the applicant’s name appears
  • A photocopy of your SSC or Matric certificate, as well as evidence of your trade or occupation

The Application Process For Domicile In Islamabad

The following is a step-by-step guide to applying for Domicile in the capital city.

  • Send a PKR 200 challan to the National Bank of Pakistan’s F-8 Markaz branch or the State Bank of Pakistan’s C-03806 District Magistrate Islamabad account.
  • Bring your challan receipt, application form for domicile document, as well as other necessary documents to a Citizen Facilitation Centre in Islamabad.
  • Wait for your round by taking a token from the counter.
  • Pay the processing fee of PKR 500 at the desk whenever you come in for data entry.
  • Your e-receipt will be emailed to you.
  • Pick up your Domicile Certificate at the Citizen Facilitation Centre mostly on an e-receipt date.

It is important to mention that when applying for a Domicile in Islamabad, the applicant must appear in person with his or her authentic documentation.

The following are the contact details for the Citizen Facilitation Centre in Islamabad

  • Address: G-11/4, Islamabad, ICT Administration Complex
  • Phone: 051-9108194
  • Submission Timings: 9:00 a.m. to 1:00 p.m. Monday through Thursday | 9:00 a.m. to 12:00 p.m. Friday
  • Delivery Timings: 9:00 a.m. to 3:00 p.m. Monday through Thursday | 9:00 a.m. to 12:00 p.m. Friday
  • Processing Time: 7 days
  • Total Fee: (Challan + Processing Fee) PKR 700

How To Apply For Domicile In Lahore?

Those interested in obtaining a Domicile in Lahore should go to the provincial government’s e-Khidmat Markaz.

Documents Required In Lahore For A Domicile Certificate

Let’s have a look just at the documents required to achieve a Lahore Domicile.

  • Forms P and P1, duly completed and signed by the applicant
  • The affidavit submitted by the applicant and certified by Oath Commissioner on PKR 50 stamp paper (Optional)
  • Two passport-size photos with such a white backdrop are needed.
  • CNIC or B-form documentation of the applicant
  • Bank receipt with such a copy of the father’s or husband’s CNIC AC Verification Form, that might or might not be certified.
  • At least one of the Entitlement Documents listed below will be required.
  • Documents proving ownership of property Fard, ownership paperwork, or a housing registry, for instance.
  • Electricity, gas, and phone bills
  • Certification of residency (rental agreement)
  • Documents Academic Disciplines (Matriculation or above certificate)
  • The applicant’s vote is registered on the voter list of the UC.

The Domicile Application Process In Lahore

  • Have a challan form from the e-Khidmat Markaz or the nearest National Bank of Pakistan branch.
  • Pay the PKR 200 challan
  • Collect the required Domicile request form from e-Khidmat Markaz. You can also obtain it ahead of schedule from the e-Khidmat Markaz official government site.
  • Fill out all the Domicile Application Forms and link them with your other documents.
  • Once you’ve appropriately diagnosed your documents and applicant, you’ll send an automated.
  • Enter your tracking ID on the e-Khidmat Markaz website to track your application. You could also use their SMS Gateway by sending your application ID to 9100, calling their toll-free line, or installing their mobile app.
  • Get your Certificate of Domicile (Certificate of Residence).

To apply for just a Domicile in Lahore, the applicant has to go to the center in person.

The following is the list of the e-Khidmat Markaz in Lahore.

  • Lower Mall, Anarkali, Lahore; Jinnah Hall (Town Hall), Jinnah Hall (Town Hall), Jinnah Hall (Town Hall), Jinnah Hall (Town Hall), Jinnah Hall (T
  • 042-99214572 is the phone number to call.
  • 0800-09100 is a toll-free number.
  • Monday through Saturday, 9:00 a.m. to 5:00 p.m. Monday through Friday, 9:00 a.m. to 5:00 p.m.
  • Lunch Break: 1:00 p.m. to 2:00 p.m. on all days except Friday | 12:30 p.m. to 2:30 p.m. on Friday
  • PKR 200 (total fee)
  • 16-day processing time

In Karachi, the procedure for obtaining a domicile and a PRC is as follows:

But if you’re a Karachi resident who requires a domicile and PRC (Permanent Residential Certificate) for educational or employment purposes, deliver the following documents to the Deputy Director’s Office in your district.

Karachi’s Domicile and PRC Requirements

  • Unattested five (5x) pictures (passport size)
  • CNIC (original and copy) – Attested (for those under the age of 18 years, submit a copy of Form -B).
  • Verified copies of all academic transcripts back to the modern year
  • Applicants under the age of 21 must provide copies of their CNIC and their father’s address.
  • In the case of the government employee, a copy of their employment certificate which has been attested is required.
  • Attested proof of residence (electric or gas bill, if on rent copy of rent agreement)
  • For married males or females, a copy of their spouse’s CNIC, copies of their children’s identity documents, or Form B – Attested

In Karachi, how to go with Domicile and PRC

  • At National Bank, D.C. Office Branch, pay a charge challan of Rs. 200/-.
  • Place just one stamp on every copy.
  • Before submitting applications for domicile, have it attested by an Oath Commissioner?
  • If necessary, the head of the department can demand anyone else document as proof.
  • Domicile and PRC Instructions in Karachi
  • You must bring your original documents and a set of photocopies with you.
  • Domicile business hours are 9:00 a.m. to 12:00 p.m.
  • In the case of applying for domicile and PRC, the applicant’s CNIC must have an address in the same Karachi district.

Stay tuned to Feeta Blog to learn more about architecture, Lifestyle and Interior Design.

Guide for Obtaining a Domicile

Overview Obtaining a Domicile, The domicile certificate was introduced in 1951 to register Pakistani citizens, according to the Daily Express, a Karachi-based daily (26 Apr. 2012). A domicile certification is issued for admission to state colleges (Academic 5 Dec. 2012; The Express Tribune 26 Apr. 2012), school systems universities (Academic 5 Dec. 2012), and government
A-Complete-Guide-to-Rawalpindi-Passport-Offices

A Complete Guide to Rawalpindi Passport Offices

Guide for passport

Rawalpindi Passport Offices, Pakistan’s government has made passport services more accessible to its people, who now can apply for a new passport or extend an existing one at any passport office in their region. In the very same vein, we’ve put together this guide that assists our researchers in identifying passport offices in Rawalpindi. We have decreased the legwork for everyone interested in applying for a passport in Rawalpindi, similar to our past articles on passport offices in Lahore, Islamabad, and Karachi, where we listed the location, timing, guidelines, method, fees, as well as other important information.

Rawalpindi Passport Office Locations

Pakistan’s Directorate General Immigration and Passport have offices in both Rawalpindi and Islamabad. Below is the location of the Rawalpindi passport office Named Rawalpindi Regional Passport Office Address: Regional Passport Headquarters, Opposite Railway, Gunjmandi More, Railway Workshops Road, Near Bakery Chowk Rawalpindi

051-9237253 is the contact information for the Rawalpindi passport office.

Rawalpindi’s Executive Passport Office

If you’re searching for executive passport offices in Rawalpindi, just use the following address and phone number and get in touch, Rawalpindi’s Executive Passport Office is situated on Murree Road near Rehmanabad.

Passport Office Timings in Rawalpindi

On public holidays and weekends [including Saturdays and Sundays], the passport offices in Rawalpindi are closed, while Friday is a half-day. However, on business days, the offices still are open as usual. You may visit them at the following times if you’d like to apply for a passport.

From 9 to 14:00, Mondays through Thursdays

Friday: 9 a.m. till 12:30 p.m.

These times are liable to change based on orders from the Directorate General of Immigration and Passports. On some days, some offices remain open 24 hours a day. For more info, call the phone numbers listed above [in the location section] to call your nearest passport office.

For a new passport

Every citizen of Pakistan is entitled to a Machine Readable Passport for traveling abroad, subject to completion of all allow the user to select formalities, according to the Directorate General of Immigration and Passport.

Ordinary citizens, on the other hand, are subject to reasonable limitations, with a few exemptions for government individuals and families, as well as military personnel and their families. If you [or even a member of your family] are seeking a passport in Rawalpindi, you must know which office to visit and also what procedures to expect. Let’s just get started.

  • You have to go to the Regional Passport Office in Rawalpindi if you’ve never applied for a passport before.
  • Any of Pakistan’s Regional Passport Offices may extend your passport. You can obtain your passport at such a Karachi office, irrespective of whether you live in Rawalpindi. You should, however, submit a 17th-grade officer’s approval of your complete addresses [permanent and temporary]. Below the authorization stamp, don’t forget and included your CNIC and phone numbers.
  • Members of Congress, army troops, and private and non-employees are all entitled to certain privileges under the legislation. As a reason, they, together with their close family members, such as spouses, children, and parents, can apply for a visa regardless of region.

Passport Application Documents And Procedures In Rawalpindi

As per the Passport Act of 1974, Pakistan has three categories of passports: Regular Passport, Diplomatic Passport, and Official Passport. Let’s take a closer look at Pakistan’s documentation and passport application procedure.

Documents Required for Passport Applications

If you want to apply for a Pakistani passport in Rawalpindi, here are all the documents you’ll require.

For Adults

  • If you are over the age of 18, you must bring the following documentation to the office.
  • 2 CNIC or NICOP photocopies
  • If you’re just a government employee, you’ll need to have a No-Objection Certificate (NOC).
  • The fee deposit has been collected by the bank.
  • In the case of dual nationality, a foreign passport and a photocopy of that are necessary.
  • CNIC or NICOP original

For Minors

The following are the documents needed to apply for a passport in Pakistan if you are under the age of 18.

  • 2 NADRA photocopies of birth certificate
  • 2 photocopies of the parents’ CNICs and the fee deposit bank receipt
  • Foreign passport (original and photocopy) [for dual citizens]
  • NADRA’s Computerised Registration Certificate (CRC).

For Passport Renewal

If you want to renew your existing passport, you’ll need to have the following documents.

  • The renewal fee deposit has been received by the bank.
  • An old passport and a photocopy of it
  • CNIC in its original form (for adults)
  • CRC in its original form (for minors)

Passport Application In Rawalpindi: A Step-by-step Guide

As previously said, Pakistan has three types of passports: Ordinary Passport, Diplomatic Passport, and Official Passport. Nevertheless, the following is the reference implementation procedure.

  • Submit the passport fee at the National Bank Counter. Make absolutely sure you get a duplicate of the submitted evidence. Afterward, when, go to the Customer Service Desk and acquire a Pakistani passport application form. Before moving on to the next step, you first must complete the form.

Make sure you have such a pen on you at all times. Also, keep in mind that regional passport offices are separated into units based on localities. As a result, you have to go to the district window that matches your CNIC.

  • When you’ve found your district window, the actual passport application process can begin. A photo would be taken and a unique token number would be issued.
  • Keep your token to you at all times and wait patiently for your turn. Rawalpindi’s passport offices everyone has to wait for spaces. Go to the proper counter wherever your token number appears.
  • Your fingerprints will now be taken at the counter. This will make it much easier for the officer to get your NADRA data.
  • You will be prompted to enter or double-check your bio-data into the system, which includes your full name, date of birth, residence, occupation, and other information.

It’s a great idea to double-check your name, address, and other information submitted into the system. Whether there are any mistakes, have them addressed by the officer to avoid problems while applying for a visa later. Individuals seeking immigration and student visas should double-check spellings on official documents including mark sheets, CNICs, and other official documents.

  • All details will be cross-checked against existing records in the Exit Control List (ECL) and Black List (BL).
  • If you pass the above-mentioned step, you would be contacted by the Assistant Director of a Regional Passport Office and for the final interview. After that, the director will give you a receipt with your passport tracking number and delivery schedule.

Collection Process For Passports

When you’ve completed the passport application process, you’ll be able to travel. You’ll have to wait for the treatment to be finished, which could take up to 15 days. You will be given a receipt with a passport tracking number and delivery date for the passport during your appointment with the Assistant Director of the Regional Passport Office. You’ll just have to pick

up your passport from the same place.

  • Go to the Passport Collection Counter at the passport office. Make sure you’ve come on time and then have the receipt you received from the assistant director.
  • Present your data to the officer at the counter, but instead, take your passport.

If you wouldn’t want to deal with the hassle of going to the passport office, you will have your passport delivered right to your home. You should, however, clarify it during the application process, and you’ll be charged an extra charge for this extra service.

Meanwhile, check out our recent post on the passport application process in Pakistan, as well as much other important information regarding online passport applications.

In Rawalpindi, Charges And Fee Structure For Different Passport Applications

Charges For A Passport That Is Valid For 5 Years

Category of Passport            Pages in Passport      Charges in PKR

Normal                                       36                              3,000

Urgent                                        36                              5,000

Normal                                       72                               5,500

Urgent                                        72                               9,000

Normal                                       100                             6,000

Urgent                                        100                             12,000

Charges For A Passport That Is Valid For 10 Years

Category of Passport            Pages in Passport      Charges in PKR

Normal                                       36                              5,400

Urgent                                        36                              9,000

Normal                                       72                              9,000

Urgent                                        72                              16,200

Normal                                       100                            10,800

Urgent                                        100                            21,600

So, that’s where we talk about the primary issue of our article. This study described the passport application process in Pakistan and also the locations of passport offices in Rawalpindi. All of the material in between has now been mentioned. Alternatively, if you’re planning a vacation abroad, check read our travel guides for Egypt, Turkey, and Azerbaijan. Stay tuned to Feeta Blog – Pakistan’s best Property portal – for more informative posts. Get our articles sent to your email. Try typing your email address into the box on the right side of your page and press the down arrow. Also, check to visit our latest recent piece, which covers all you need to know about Pakistani passport offices.

A Complete Guide to Rawalpindi Passport Offices

Guide for passport Rawalpindi Passport Offices, Pakistan’s government has made passport services more accessible to its people, who now can apply for a new passport or extend an existing one at any passport office in their region. In the very same vein, we’ve put together this guide that assists our researchers in identifying passport offices
Lively-Family-Friendly-Home-interior-With-Bold-Colour

Lively Family-Friendly Home interior With Bold Colour

The Secret Garden project is a bright and edifying modern family home located in Rome, Italy, designed by Maurizio Giovannoni. The homeowners ’initial report called for a redistribution of space to accommodate their lively family, including an open living room, a private home office, a personalized room for each of their two children, and the installation of a terrace door from the main room. . Bold color has become the integral aspect in the renovation and recharging of the family home interior, with dynamic color combinations creating a vibrant contrast in every direction. A lively connection to nature was planted by a false “secret garden,” observed through a fun window sill in the home office.

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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.

Lively Family-Friendly Home interior With Bold Colour

Do you like Architecture and Interior Design? Follow us … Thank you. You have been subscribed. The Secret Garden project is a bright and edifying modern family home located in Rome, Italy, designed by Maurizio Giovannoni. The homeowners ’initial report called for a redistribution of space to accommodate their lively family, including an open living
DHA-Lahore-Real-Estate-Market-Analysis-May-June-2021

DHA Lahore Real Estate Market Analysis May – June 2021

From time to time I emphasize that DHA Lahore real estate market is speculated by the introduction of Amnesty plan by the Pakistani government to raise taxes with more cash flow in this market whether it may be black money or ex-flats buying for their homes, who lost their businesses and jobs due to the Pandemic.

An amnesty plan gave this market a parabolic run, but theirs was also of real interest also from the emigrants and smart money prevented their money from this relentless inflation on a daily basis.

What needs to go up has to be a general phenomenon of almost every market, although it assures me that when the market often shows a very sharp position without any basic fundamental reason and general economic strength, it usually reverses to its previous year’s highs. Admittedly my opinion of the market often contradicts the general herd or real estate, because of being in Feeta.pk, I have always followed the principles of my mentor Captain Shahnawaz, who is to inform the client about the real situation of the market instead of trapping them in speculative behavior of the market.

Feeta.pk has always wanted to make well-informed decisions based on research and development on which we always consider many different issues that feed the real estate market, the very basic reason for Pakistan’s speculative behavior in the real estate market. the dollar index and we have been following a dollar index for many years and that is why our forecasts for DHA Lahore real estate market have always been targeted.

To see what the Dollar index predicts now.

Dollar Currency Index breaking

Well, the dollar favors the real estate market in Pakistan because what is the chart says it is a huge weakness in the dollar which means people would not like to hold the dollar and everything related to the dollar will appreciate whether it is about precious metals or real estate market but on the other hand, where will there be a stop?

Rising inflation and all economic factors make me curious that there is more counterproductive action coming to the real estate market, but there is only one disadvantage that I think buyers should consider, and that is not a further extension of an amnesty plan that presents a huge. risk if buying the highest market, so be very careful. Buy in less risky places like High Buildings ie Sixty6 Gulberg or LAHORE SMART CITY.

An artificially pumped market is often very risky because it fails badly and on the other hand natural growth remains longer and presents less risk for landfills.

So let’s understand what the difference is between natural growth and artificial growth.

difference-is-in-natural-growth-and-artificial-growth

Golden Diagram explaining the impulse running and correction.

Now let me explain the Golden Diagram for the general understanding of what impulse runs in any market and can bring sharp corrections at any time.

When you look at the chart, you clearly see that while gold had a healthy top behavior, suddenly by the end of 2007 an implosive move gained the appeal of major players around the world, so it went from almost $ 500 to almost $ 1900 in just 4 years. which is almost 3X and then after that sharp impulsive move Gold almost made a correction to $ 1000 in the next 5 years.

The common behavior of all markets is related to each other, but they only differ in time because some markets are unstable and they correct sharply, while others need time, but they are often similar in behavior.

I personally feel that Dha Lahore real estate market may not have seen the top yet, but it is very close and may take some time but the correction will come so the smart investor will always make smart decisions and be the only seller while everyone buys.

buying-and-selling-real-estate

The secret to our success is the loyalty and trust we share with our investors, we win when you win.

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

DHA Lahore Real Estate Market Analysis May – June 2021

From time to time I emphasize that DHA Lahore real estate market is speculated by the introduction of Amnesty plan by the Pakistani government to raise taxes with more cash flow in this market whether it may be black money or ex-flats buying for their homes, who lost their businesses and jobs due to the

TRC Refines Valuation System for Immovable Properties

ISLAMABAD:

The Tax Reform Commission, led by state revenue minister Hammad Azhar, on Monday, decided to refine the system for valuing real estate, speeding up a process of tracking and tracing in the tobacco sector.

This would also include recommended procedures for taxing small entities involved in the retail trade, reports the Business Registrar.

The meeting discussed the topic of real estate appraisal and informed the participants that using appraisal tables was a tentative proposal and was not a long-term measure to appraise such real estate.

Moreover, from a review appraisal each time, a constant solution for the appraisal of real estate was proposed during the meeting.

The issue of a link between bank accounts and national tax numbers (NTN) for broadening the tax base was also discussed during the meeting.

Therefore, it was agreed to investigate the likelihood of effectively using the data of the National Database and Government Authority (Nadra) to bring potential people into the tax network.

The meeting also accepted the recommendation of the Implementation Committee on Tax Reforms (TRIC) to draft a simplified return form for small and medium-sized enterprises (SMEs).

According to officials of the Federal Revenue Board (FBR), the holding in the pursuit of a track record in the tobacco industry has contributed to a massive revenue loss of 40-50 billion a year.

Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about architecture, Lifestyle and Interior Design.

TRC Refines Valuation System for Immovable Properties

ISLAMABAD: The Tax Reform Commission, led by state revenue minister Hammad Azhar, on Monday, decided to refine the system for valuing real estate, speeding up a process of tracking and tracing in the tobacco sector. This would also include recommended procedures for taxing small entities involved in the retail trade, reports the Business Registrar. The
Unconventional-Pink-Interiors-To-Add-Quirkiness-Colour-To-Your-day

Unconventional Pink Interiors To Add Quirkiness & Colour To Your Day

Untraditional, pink and full of fresh and fun ideas, these three rising modern home interiors will inspire a whole new way. The minimalist mindset will love the number one home, where pink micro cement floors bring the sweet color accent, and pop-up posters add a weird personality. Admirers of classic elegance will love the crown molded basement and pink combination of home interior number two, which features steel glass wall bedrooms and kitchen projects and a vibrant accelerating theme. Our ultimate featured home interior is a must for color enthusiasts who love to add a bold pattern and texture into a mix of multifunctional spaces.

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Share it on some of the following social networking channels to give us your vote. Your feedback helps us improve.

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.

Unconventional Pink Interiors To Add Quirkiness & Colour To Your Day

Do you like Architecture and Interior Design? Follow us … Thank you. You have been subscribed. Untraditional, pink and full of fresh and fun ideas, these three rising modern home interiors will inspire a whole new way. The minimalist mindset will love the number one home, where pink micro cement floors bring the sweet color
How-to-Avoid-Long-Home-Selling-5-Tips-to-Sell-Fast

How to Avoid Long Home Selling: 5 Tips to Sell Fast

As an investor, you may want to diversify your portfolio from real estate to stocks, bonds, crypto or many other things. If you already have an old rental property, vacation home or any property you want to sell quickly to get quick cash for your next investment, then you need to find ways to avoid a long sale.

In this article, you will learn some expert tips so that you can sell a house quickly.

1. Avoid Dealing With Consumers

Avoid-Dealing-With-Consumers

Consumers are not everyday shoppers. They are private people who are looking for their dream home at the lowest price. They want a house in good condition without significant roofing, electrical, plumbing, drainage and foundation problems. Consumers are also the most demanding type you will ever meet.

According to the June 2020 statistics of the National Association of Real Estate Agents (NAR), the typical U.S. home remains on the market for about 24 days and 46 days to close a purchase loan agreement gives an average of 70 days from listing to closing. These statistics are based on traditional home sales. Why do you wait so long if you have other options?

The benefits of avoiding dealing with consumer shoppers include the following:

  • Deal with investors like you:

    You can avoid dealing with consumer buyers, which can prolong home sales by dealing with a buying company, such as Buyers of Burlington Houses. Home buying companies are managed by investors like you, buying and selling homes to the commercial market. They aim to make money with modest profits by buying and selling real estate at a low price instead of selling expensive homes for significantly high profits.

  • Save time and money:

    Avoiding consumer shoppers can save you money from inspection, listing, repair and other expenses. On the other hand, selling a home to a real estate investor is time-consuming and cost-effective because you will be spending money for nothing.

  • Sell ​​Your Home Quickly:

    Private individual buyers need nutrition, constant monitoring and monitoring. They are difficult to handle, unlike cash buyers who are simple in offering quotes. Either you accept the offer, make a counter-offer or reject the offer.

2. Promote Your List Online

Promote-Your-List-Online

If you are used to listing properties in newspaper advertisements, the time has come to list your home for sale through different internet channels. This will strengthen your list and increase potential buyers.

It’s a good idea to create a virtual tour so that potential buyers can simply click on the link to go through your house online. If you plan to invest in up-fixed real estate and become a pinball machine (buying houses at lower prices and then renovating them to sell at a higher price), promoting your home with a virtual tour is a good idea. You can hire a professional to take care of this job for you.

Avoid being inundated by many surveys listing your property right online, answering basic questions from potential buyers like the following:

  • The address of the property for sale
  • The sale price
  • Number of bedrooms and bathrooms
  • Amenities included
  • Honest shortcomings
  • Clear (high-resolution) photos

 

3. Hire an Experienced Seller-Real Estate Professional

Hire-an-Experienced-Seller-Real-Estate-Professional

You’re probably too busy managing your business and other investments and don’t have time to deal with long-term home sales. You can hire a real estate professional (real estate agent or real estate agent) who has experience in dealing with home sellers for your best interest.

Choose an experienced real estate professional from a good company by following these tips:

  • Evaluate Certificates:

    Real estate professionals are qualified to handle real estate buyers and sellers. Be sure to evaluate the testimonials from your prospects to avoid problems. Look for licenses, permits, certificates and membership to respected properties.

  • Interview:

    When you have limited your choices to at least two real estate professionals, interview everyone to get to know them. Find out who among them has the best gentle skills. Don’t hesitate to ask questions such as if they are experienced in helping investors in the past. You may prefer to hire someone you are comfortable talking to, someone you know real estate with a keen business instinct.

 

4. Make Necessary Repairs

Make-Necessary-Repairs

Buyers always inspect for defects more than the comforts of a home for sale. So it makes sense to complete the necessary repairs to sell a house quickly. Hire a professional to inspect your home and make the recommended repairs or improvements. Don’t forget to get a certificate so you can present it to a buyer who may have doubts about the longevity of your roof system or other home appliances.

The necessary repairs you need to make to avoid a long home sale include the following:

  • Roof Repairs: Repair cracks and holes or replace shingles and worn-out drains.
  • Pipe Repairs: Repair leaks and clogged toilets, pipes and sinks.
  • Electrical Repairs: Repair faulty wiring and replace old electrical outlets.
  • HVAC repairs: Check for leaks, and damaged thermostats, and replace capacitors.
  • Graduation and Drainage: Drain regularly as needed.

 

5. Know the Perfect Time to Sell a House

Know-the-Perfect-Time-to-Sell-a-House

Investors should always know when to strike while the iron is hot. In general, the best time to sell a house to maximize return is from May 1st to 15th. Properties sold in the first half of May tend to sell six days faster for $ 1,600 more than the average listing. Homes listed on Saturday get 20% more views during the first week on the market compared to homes listed on Tuesday.

The right time to list and sell a house can make a big difference in the sale price. Market circumstances can affect the perfect time to list a home, such as mortgage rates, tax incentives, and job growth. List your house on the market as early as April 1, depending on your location, or until July 15.

 

Conclusion

As an investor, you want to avoid a long-term sale of homes by selling your property to a buying company. Use digital technology to your advantage by promoting your list online and creating a virtual tour.

If you are too busy with your other investments, hiring a real estate professional will save you from the hassle of selling a home. Make sure you are dealing with an experienced real estate broker or real estate agent, someone who will protect your interests.

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

How to Avoid Long Home Selling: 5 Tips to Sell Fast

As an investor, you may want to diversify your portfolio from real estate to stocks, bonds, crypto or many other things. If you already have an old rental property, vacation home or any property you want to sell quickly to get quick cash for your next investment, then you need to find ways to avoid
Procedure-for-issuing-separate-transfer-letters-to-more-than-one-transferor

Procedure for Issuing Multiple Transfer Letters

The civic authority of Islamabad has devised a procedure for issuing separate transfer letters in case of more than one surrender. The broadcast procedure is as follows:

In the case of more than one transferor, different copies of the Transfer Letter may be obtained. Moreover, if a co-partner wants to deliver his share, all other co-partners will have to give their original transfer letters in order for new transfer letters to be published.

For news and blogs, visit Feeta.pk.

Procedure for Issuing Multiple Transfer Letters

The civic authority of Islamabad has devised a procedure for issuing separate transfer letters in case of more than one surrender. The broadcast procedure is as follows: In the case of more than one transferor, different copies of the Transfer Letter may be obtained. Moreover, if a co-partner wants to deliver his share, all other
Procedure-for-accepting-in-one-window-operating-directory-of-CDA

Procedure for accepting in one window operating directory of CDA

To facilitate the public, the Capital Development Authority has established one window operational board. The procedure for accepting in one window operations directory is as follows:

  • The assignee or attorney must receive the deadline for accepting an officer from the One Window Operation officer by granting the completed Delivery Request (TAF) along with the required documents.
  • After the publication of the deadline, the accepting officer will send data to the relevant deputy director in EM-1 or EM-2 two days before the deadline. The relevant DD will check the file and ensure that the files are sent to an accepting officer at 9:00 am of the deadline.
  • The associate or lawyer will have to physically attend with his / her original CNIC card at ONE Window Operation before Assistant Director (Acknowledgment) along with TAF and the required documents
  • Under the supervision of an accepting officer, the parties with their thumb impressions, and signature will be photographed to confirm that a transaction has taken place.
  • Upon completion of all procedures, the accepting officer will send the file and TAF with the documents to the account section for cancellation of a banking project on the same day.

For news and blogs, visit feeta.pk.

Procedure for accepting in one window operating directory of CDA

To facilitate the public, the Capital Development Authority has established one window operational board. The procedure for accepting in one window operations directory is as follows: The assignee or attorney must receive the deadline for accepting an officer from the One Window Operation officer by granting the completed Delivery Request (TAF) along with the required
Low-Cost-Govt-Housing-Finance-Scheme

Low Cost Govt Housing Finance Scheme

Realizing The Dreams Of A Middle-Class Sector

The Government of Pakistan has recently launched cheap house financing to sacrifice aid to the petty-bourgeois sector.

Although many banks face challenges in offering home lending with low-interest rates, the government has taken measures to offer home loans with a markup rate of 5% (for 5 marla houses) and 7% (for 10 Marla houses), for a set of benefits. to the banks.

The ruler. a cheap housing finance plan is structured so that people pay their rent for the house on a monthly basis. This system is based on basic bank loans that would have an interest rate 50 percent lower than those normally paid by banks to their customers.

Old or new projects and plot owners can get funding for the construction of their own houses. The funding must be supported for a period of no more than 25 years. The total amount of funding for cheap housing will be between 2.7 million and 5 million.

In addition, the interest rate subsidy is available from all banks and is divided into three groups:

Group 1

Financing for houses/apartments/apartments up to 5 marl or 125 sq. Ft. Available under group 1. Courtyards, fenced full area 850 sq. Ft. The feet and the maximum price under NAPHDA enterprises is Rs. 3.5 million.

Within this group, the maximum funding is Rs 2.7 million with a maximum tenure of up to 20 years.

Banks will charge KIBOR plus 250 basis points for the full marking rate. In the first five years, however, the GOP will have an additional payment to reduce the debtor’s debt to 5 percent and in the next five years 7 percent.

KIBOR is known as the Karachi Interbank Offer Rate, which is a market benchmark for most retail lending banks and is established on a daily basis. These prices are listed regularly on the website of the State Bank of Pakistan.

Group 2

Support for houses/flats/apartments up to 5 marl or 125 sq. Ft. Group 2 is also given. Most covered yards of 850 sq. Ft. Feet and Rs 3.5 million maximum prices.

Under this group, the maximum support is Rs 3 million, with a maximum tenure of up to 20 years. This degree assists individuals and households not eligible or eligible for NAPHDA projects to build or lease housing.

Banks can charge KIBOR plus 400 basis points with a maximum markup rate. For the first 10 years of Group 2, however, the subsidized rate for borrowers is the same as for Group 1.

Group 3

The marking facility in Group 3 supports subsidized housing for poor families. Group 3 approves subsidized funds for the development or acquisition of more than 5 Marla (125 sq. Yards) and Up to 10 Marla (250 sq. Yards) houses/apartments/flats with a total protected area of ​​850 sq. Km. 1,100 square feet. Feet and Rs 6 million maximum prices.

In this line of funding, the maximum funding is Rs. 5 million for tenure for up to 20 years.

Banks can charge KIBOR plus 400 basis points with a maximum markup rate. However, for the first five years and the next five years, the GOP will have a brand subsidy to reduce the borrowed rate to 7 percent.

Wrapping It

Loans are easily accessible in the world for the housing industry, although in Pakistan the procedure is very difficult which has contributed to the formation of a committee. The purpose of the plan is to provide people who could not afford their own house, with cheap housing. The rules on the building sector will also be simplified and the payment of loans encouraged.

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

Low Cost Govt Housing Finance Scheme

Realizing The Dreams Of A Middle-Class Sector The Government of Pakistan has recently launched cheap house financing to sacrifice aid to the petty-bourgeois sector. Although many banks face challenges in offering home lending with low-interest rates, the government has taken measures to offer home loans with a markup rate of 5% (for 5 marla houses)

9 Tricks to Energize Your Interior with Colors

Strengthen your interior with colorful ideas when a person wants to make some change in their home, Maybe on the condition of change if a person has their own decision and is kind of they want to become a change for someone he/she values ​​most. Colors are an essential impetus in human life. Basically, they help a person change his mood and satisfy his soul to give him comfort, Certainly, it contributes to happiness in human life and by always having people what we choose in relation to our needs, For example, Every time we want to buy home decorations related, always with the highest priority to color.

You may have begun to like the white walls; however, the flow of time mostly wants to change a bit since you don’t need to change the whole space to bring some freshness into the home. These 9 tricks help you highlight the main parts of your home and add colorful and vibrant details.

Sometimes the smallest things work.

1. Set up The Wall Gallery

If you should decorate, try to put a lot of photos in frames, well, to refresh the wall, you can hang some decorative objects: colorful mirrors, decorative bowls, artwork, and so on. Use everyday objects you already have. With this, you will not only add color, but you will also establish an incredible focus in the room that will help enliven your interior with colors.

Set-up-The-Wall-Gallery

2. Restore a vibrant color of some furniture

Sometimes we all have items in our possession, probably packed somewhere in boxes and didn’t give them a second look. Your home needs some accessories. Instead of running to the store, take a good look at what you already have, for example, you can choose something more functional like a lively coffee table or dresser. Choose your favorite vibrant color and insert it into your interior.

vibrant color some furniture

3. Colorful Carpets and Rugs

Colorful prints on the carpet and rugs give warmth can create a great texture, color and personality to your living space. Area rugs can add features to your living space and use several different patterns and fabrics together to showcase your character. Either add several rugs with the same pattern and fabric, or different textures but the same color.

Colorful Carpet

The options are endless, will also create a new dimension as you can change your regional rugs to reflect the seasons with warmer tones and fabrics for colder months and light colors for the warmer days of the year. There are plenty of beautiful cotton wash rugs ideal for those homes with children.

4. Fill the room with the plants

We can use an ordinary vase with flowers to add real natural beauty to any space. Moreover, you can use your imagination and make your unique floral arrangements. Add plants to your living space, in your room, few or many. Not only do they fulfill the beauty in our lives, but they clean domestic air and balance moisture, absorb pollutants and remove harmful gases from the air. Every home needs these living organisms, which makes your environment ecological and healthy. So arrange more pots and stick them to each other and always use green plants.

Plant Room

5. Choice for Colorful Curtains

All the beautiful interior decorators will tell you that the most important aspect of decorating your home is that it reflects who you are, your personality and your style. The ancient Chippendale desk that was your grandfather’s tells a story. It tells of your past that nothing goes wrong in putting family heirlooms next to your modern couch. There is no purpose why present and past cannot coexist beautifully together. With fabrics, whether rugs or cushions, furniture, various colors and patterns can bring warmth and texture into your home.

Colorful Curtains

6. Wicker baskets

These are an economical and elegant way to add storage to any room. Wicker Baskets can be used to store and display books, decorative magazines, and architectural, towels, toys, and blankets to name a few. We also used them as small wicker baskets on the counters in your kitchen to elegantly display and preserve your fruits and vegetables.

Wicker baskets

7. Paint or wallpaper from your bookshelves

This instant color palette will revitalize every room! It’s amazing how something as simple as a coat of colorful paint can instantly transform your space. This bookcase would be simple and ordinary without the light blue interior. Mayhap the simplest and cheapest way to transform a boring space is to apply paint. Books are an ideal place to start because you don’t need to paint a large number of areas. Other fun places to add a splash of color include painting fireplace mantels, the interiors of closets, ceilings and hallways.

Books

8. Improve Lighting Techniques To Elegant Your Decoration

The most important element is in their craft and they will probably say all the benefits of lightning. When a person tries to transform their home into a studio, it can drastically change the look of a room by rethinking their lightweight situation as it includes considering completely different lighting fixtures and it gives a specific aesthetic that affects the feel of your interiors.

Lighting Techniques

A bedroom may require something more soothing, such as warm ambient light. We could always carefully consider shaping the mood of each room and the suitability of lightning.

 

9. Experts on interior home improvements

It has been argued that the interior of a home can offer feelings of intimacy, productivity and restoration that make perfect sense, given the time people spend in their homes. Human arguments are that homeowners tend to undertake home improvement projects that aim to improve their environment and quality of life.

Experts-on-interior-home-improvements

Therefore always discuss with qualified designers, an Experienced Approach person who has relevant experience in that field who has worked with homeowners on every conical feasible type of interior design and listens carefully to the needs of their clients.

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

9 Tricks to Energize Your Interior with Colors

Strengthen your interior with colorful ideas when a person wants to make some change in their home, Maybe on the condition of change if a person has their own decision and is kind of they want to become a change for someone he/she values ​​most. Colors are an essential impetus in human life. Basically, they
Technology-Brings-Prosperity-Impact-in-Smart-Homes

Technology Brings Prosperity Impact in Smart Homes

Scientific Research facilitates and comforts human life through its consequent deep struggle to find the final possibilities by which they complicate human life and bypass the difficult efforts but to bring the intelligent effort, you can do your job without performing a long procedure just to do. a unique instructional task that makes your life hassle-free with Smart Homes.

Smart homes use Solar LED lights

We don’t have to worry about technological improvement, The Solar System is one of the major scientific inventions that is very successful in Pakistan due to its climatic nature. Many people have completely adopted this technology and are completely eliminating these numbers of wired electricity.

Smart-homes-use-Solar-Led-Lights

It also saves you money with its smart feature auto and off option, which is why people are very impressed with the cost-effectiveness that has been added to their lifestyle after switching to smart home appliances.

Logitech Harmony Elite

People were completely angry because of a lot of cell phones. This device is a complete high-tech device. It works with over 260,000 entertainment channels and from smart homes you just need a harmonious elite for which you completely control the number of a task accomplished with the help of this unique device. For example, TV, game console, smart lights, smart locks, thermostats and smart speakers, etc means that you are relieved of some big responsibilities you have to do in daily life.

Logitech Harmony Elite

Led Bulbs

Imagine you are sleeping in your room and you just have to wake up early to want to eat something, you leave a room without turning off the light bulbs, What about turning off your room lights with a cell phone?

Solar Led Lights for Smart Homes

Because of this smart technology, you are saved to do the procedure and experience the modern smart lighting system that can be controlled by your Smartphone with the help of a program via Wi-Fi bridge.

Door Bell Sheep

Door Bell Sheep

If your children are alone at home, Doorbell you will make sure by constant notification by sending a video on your mobile phone every time the person enters your door and will feel free from the fear that your children have made a mistake without asking them. open the door.

Smart Lock

When you go somewhere and forget where you put a key last time. So this smart lock works with the help of a program installed on your phone that allows you to let those people you trust behind your presence and update you with all the blockchain and unlocking activities performed in your home.

Smart Lock by Smart Homes

Amazon Echo

It is a home speaker that integrates a personal voice called Alexa similar to Siri and Google. It is always connected to your Wi-Fi allowing them to access cloud services and Bluetooth, letting you stream music from a cell phone. It is a highly customized program to order or to make any reservation and their availability, This device completely dominates smart home products like Philips Hue, LIFX, WEMO etc.

Amazon Echoo for Smart Homes

Ready Refrigerator

Smart refrigerators are very capable refrigerator doors with an eight-inch LCD screen. Their screen easily interacts with your mobile app. It performs the dual role of controller and information server. Along with these, you can peek into the fridge through your phone with its built-in cameras.

Smart Home Appliances

Ready Home Vacuums

Ready-Home-Vacuums

In this era you don’t have to get off the couch to empty in this era, it itself will come back to charge before the juice is completely exhausted and then when charged, it will return to the place where it left off. We can also set the appropriate time for the vacuum to clean even if you are not at home.

Nest Smoke Detector

Nest Smoke Detector

Sometimes you thought of negative intuitions about leaving your home, even though you had complete control over all the necessary things during the departure. A nest smoke detector has an industry-grade sensor that automatically tests itself. It’s also the first alarm you can hide from your phone with any extra hardware needed and it also has an advanced detection function to show where the smoke is coming from, whether your toast is burning or the toaster itself.

Conclusion

All of these devices play an important role in our lifestyles and look through the positive impact of Smart Homes, in terms of saving time, cost-effectiveness, Management of daily routine work and Safety of the house. The four important traits come together to form a 24-hour day, the whole day depends on those elements, why is it so important to us? If Technology Really Affects These Factors? Why do we all often adopt in terms of acceptance of Technology? Therefore, we have some successive questions that we need them to answer.

It is important to discuss these four factors with these important questions. Technology facilitates and manages human life; it also reduces the risk of security and is extremely easy to manage, these devices should cost very little maintenance. Most people in Pakistan prefer to use smart technology to regulate their security. Smart home technology refers to any set of devices, devices, or systems that are connected to a common network. This can be controlled from your smartphone or via a mobile phone display device. This whole process of Smart Homes allows you to touch on high-tech functionality and luxury that have not been possible in the past. After the flow of time, the technology expands quickly and options for consumers are home automation to make life more enjoyable. A smart home system tends to be surprisingly flexible when it comes to housing new appliances and appliances. No matter how modern your devices look today, they will never be more impressive over time. Moreover, you will be replacing the older ones to discover new technology to go with your indoor and outdoor spaces and need to keep updating the latest lifestyle.

Manage a home internally. You can control how you watch TV and what you watch, what foods you like to cook, the foods you keep in your fridge and your energy consumption over time. According to this routine, you may be able to analyze your daily routine habits and schedule and make adjustments to live the life you want.

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

Technology Brings Prosperity Impact in Smart Homes

Scientific Research facilitates and comforts human life through its consequent deep struggle to find the final possibilities by which they complicate human life and bypass the difficult efforts but to bring the intelligent effort, you can do your job without performing a long procedure just to do. a unique instructional task that makes your life
Purchase-Property-in-Pakistan-allowed-for-Overseas-Pakistani-Non-Filers

Pakistan Allows Property Purchase for Overseas Non-Filers

Property Purchase Decision in Pakistan, FBR (Federal Board of Revenue) publishes a circular in which they clearly allowed foreign buyers of real estate to buy real estate more than 5 million, advertised in news stations. The requirement to be a registrant of income tax returns for inheriting property above the declared price measurement was also abolished.

The main concern about lifting the ban is aimed at easing the investment conditions of the real estate market, which is seeking attention for the foreign Pakistanis. This ban was established by the previous government to try to increase the number of taxpayers.

Read: Investing in Real Estate: 9 Simple Techniques [Guide]

The detailed information on allowing foreign non-registrants to buy property in Pakistan was shared by a circular issued on October 24, 2018, saying that the restriction to non-registrant for purchase of property worth more than 5 million was revoked for legal acquisition of property and non-resident Pakistanis.

These limits will not apply to foreign Pakistanis who will create a bank certificate as proof of foreign currency sent by other countries through common banking means. The certificate was divided into 60 days the date of presentation or shipment of fixed assets estimated at more than 50 million PKR.

The banks were also given instructions to provide a list containing details of deposits collecting Rs10m or more made during the calendar month and a list of payment made by anyone against credit card bills collecting Rs200,000 or more during the previous calendar month. They will also provide a list of people who receive a benefit due to debt exceeding Rs1m for registrants and Rs500,000 for non-registrants along with information on tax deductions during the previous financial year. The information will be given monthly.

By improvement, the government has allowed taxpayers to reconsider a tax return voluntarily until December 31, 2018, along with the payment of a higher tax rate that is 25pc greater than the tax paid with income based on income. In case no tax is payable, the taxpayer will have to pay 2pc of the turnover.

Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about Architrcture, Lifestyle and Interior Design.

Pakistan Allows Property Purchase for Overseas Non-Filers

Property Purchase Decision in Pakistan, FBR (Federal Board of Revenue) publishes a circular in which they clearly allowed foreign buyers of real estate to buy real estate more than 5 million, advertised in news stations. The requirement to be a registrant of income tax returns for inheriting property above the declared price measurement was also

Investing in Real Estate: 9 Simple Techniques

People who invest in real estate, earn millions of profits, and they have a strategy on how to succeed because real estate investing can be others that have not been successful and have lost their large investments, which results in big losses for them. There is a difference between the two groups. that is, the technique they performed.

  • In-depth analysis of the real estate industry.
  • Capital Investment Groups
  • The decision to invest in rental property
  • Investment Trusts
  • Real estate trading
  • Pensions
  • Make a smart investment
  • Rent to own real estate
  • Real estate hypothesis

1- In-depth analysis of real estate

In-depth-analysis-of-real-estate

The things you learn from this eBook are that you will never succeed real estate investor without being an in-depth analysis or research aspect of the industry. You need to collect the research material that helps you every step of the way. If a seller approaches you, you need to have enough information about the real estate sector. When a person sells their property through a real estate agent, they will have confidence in a buyer that they have knowledge of the industry. The seller has encountered many uncertainties, so your presence is hope for him and if you also appear unknowable before him, they will not have faith in you. A number of opportunities you have to create or present a good reputation at a vendor if you clearly guide him through the entire process. Build your confidence with an experienced background. This makes you more credible in the eyes of a salesperson. Keep it straight to the point so the seller never loses interest. You can inform them through your offers to the seller, telling them the possibilities of why this deal will be useful to them. Make sure the letter is not about you but about them. If your buyer contacts you looking for help, you need to give them enough help. At that time you are lying and lacking their expectations, you will not be able to get the property. Give him a revival that you have completely done your research and are ready to guide them whenever possible.

2- Capital Investment Groups

Capital-Investment-Groups

Think of being a master that you put in a lot of effort. It has its advantages, but unfortunately, someone gets involved. People who want to ignore this boost have a chance to join and be a member of an investment group. When the companies buy the real estate and offer them the investors to buy parts of the real estate. In this situation, you need to spend a lot of time as a landlord focusing on your financing and making sure the property is well maintained. The company does this for you. In return, you have to pay a certain percentage of the rent you make each month. An investment group still manages to raise enough capital to earn a profit and pay off the property.

3- Decision to invest in rental real estate

Decision-to-invest-in-rental-real-estate

One real estate financing strategy is investing in real estate leasing. Just find nice local properties and then rent them out so that you can charge a good rent that will help you cover all the expenses of the property. This is one of the most common adoption techniques that investors can use. Keep in mind that a landlord allows you to profit and have a stable cash flow. However, rent can also free you from the burden of loan repayments and pay off your mortgage payments as well. You have an assurance that you are welcome. A bad resident may not be able to pay. They can also be a risky person for your property if they damage your property by which you lose the real value of the property and have invested more money to repair it. This is a major risk of this investment method. In this kind of financing, you must first mentally prepare yourself to invest in this kind of real estate. Make sure you have to contact your tenants and complete a check with your property. Some people are uncomfortable and feel uncomfortable with your actions, but it is still necessary.

4- Investment Trusts

Investment-Trusts

In this case, it is mainly a matter of trading real estate as well as a stock exchange. The trust is to make the investors finance a purchase of real estate. When the price goes up, the trust will then sell the property on behalf of investors. If an investor needs quick money, they easily sell their assets through the trust. Financiers invest in both Residential and Commercial real estate.

5- Real estate trading

Real estate trading

The technique that has worked for some financiers is business. The process is that you buy the property and then sell it with a profit, but for the most part, a merchant buys very cheaply. Then they fix it to make it more profitable, then they sell it after only a few months and earn a profit. In real estate, this technique is called flipping property. However, some investors simply depend on their negotiation skills. They negotiate and buy real estate at a very good rate using this technique when they sell to get a higher fee and have sold their property. These investors are not even trying to increase the value of the property. They just sold it as well, they bought it.

6- Rent-to-own property investment

Rent-to-own-property-investment

This arrangement is a kind of place where a resident makes rent with the expectation of owning the property after a certain period. This is an approach that many funds have adopted because it gives them a profit that allows them to pay higher rents. The investment risk causes tenants to rent before fulfilling the balance due and the risk of being left with vacancies if you do not rent your property immediately.

7- Pensions

Pensions

People who have lived in a region where there is a university should consider this possibility. You generate more money than most rental properties and houses because every single room of the house earns a given amount of money. The place for such houses works even in an area that is not close to gluing mosaics, like places where a lot of tourism. There is also a risk in this investment. Think that if your tenants are college students, it’s a great opportunity to spend a lot of money on repairs. Therefore, to avoid these problems, you can get a caregiver to help observe the property.

8- Real estate hypothesis

Real estate hypothesis

In relation to investing in real estate, there is action planning called a hypothesis. That means you buy a property when demand is low, then wait until they are higher and sell them. You can maximize a few dwellings to get your property. As with all hypotheses, however, there is no guarantee a market may not perform as well as you assume. This will help you wait for your investment longer. You may even sell them at a lower price.

9- Make a smart investment

Make-a-smart-investment

Many non-identical properties will come to market after the passage of time. Therefore, all this will not offer good financial opportunities. You need to be able to decide when to invest or when not to invest in real estate. You always need to stay up to date always. Stay connected to those local resources to help you know the availability of new real estate. This will help you exploit the best opportunities. Give opportunities on many properties in which you invest. For this, you can make an effective decision based on the investment aspect of real estate.

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

Investing in Real Estate: 9 Simple Techniques

People who invest in real estate, earn millions of profits, and they have a strategy on how to succeed because real estate investing can be others that have not been successful and have lost their large investments, which results in big losses for them. There is a difference between the two groups. that is, the

Pakistan grabbed 75th rank on the Global Real Estate Transparency Index

We have not just said that all progressive news for Pakistan is due to the next government. Even after the end of the former government, something happened that can only be called an incredible consideration of the action and all the repercussions of the Sharif government of an international organization on transparency.

In the recently announced Global Real Estate Transparency Index, Pakistan moved to 75th place with a score of 3.99. In the time of past rule, Pakistan was in its worst place even behind the antagonist India and another neighboring country Iran. Against Pakistan’s growth in the rank which is 15 places, both the overhead countries have only increased their rank by one place with a score of 2.71. Unexpectedly, two countries that stood out in the news mostly in all corruption interrogations, Saudi Arabia and Pakistan, raised their rank. Economists also argue that this admirable progress may also be due to the regulatory institutions, front-end data collection, international market share, and publications of government bodies.

However, real estate has yielded remarkable performance behind this astonishing growth of Pakistan in the index. This sector has shown great progress along with the reforms, and different economic initiatives have become the main famous catalysts of this increase in the place. In addition, the tax amnesty program has also become the reason for improvement in the rankings. The most fascinating reviews of this increase have been made by officials of the incoming government. They acknowledge that Pakistan is doing nothing to overcome corruption, but the other countries have performed poorly in recent years.
To help you find out what happened, after parts on which the Global Real Estate Sector Transparency creates its index. The organization measures the action and their efforts to remove those laws that encourage the corrupt elements. Market fundamentals and the dominance of a registered vehicle. The legal transaction process and sustainable developments are the factors that help any government improve its ranking.

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 grabbed 75th rank on the Global Real Estate Transparency Index

We have not just said that all progressive news for Pakistan is due to the next government. Even after the end of the former government, something happened that can only be called an incredible consideration of the action and all the repercussions of the Sharif government of an international organization on transparency. In the recently
Procedure-for-obtaining-a-property-report

Procedure for obtaining a property report

What is the procedure for obtaining a Capital Development Authority (CDA) property report?

A candidate will be sent first. This will require a certified copy of the candidate’s ID and also a certified copy of the grant letter. The processing fee will be Rs.500, which must be paid in case of a salary order.

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

Procedure for obtaining a property report

What is the procedure for obtaining a Capital Development Authority (CDA) property report? A candidate will be sent first. This will require a certified copy of the candidate’s ID and also a certified copy of the grant letter. The processing fee will be Rs.500, which must be paid in case of a salary order. Also,

Action Against Real Estate Tax Escaper [2018]

The people who have invested in real estate Federal Board of Revenue prepared their list over the last two years despite the fact that according to a news source they have not paid taxes against these real estate transactions, The 16000 people registered have financed income worth rupee in the real estate market. The 80,000 real estate transactions have been listed through the last two years according to the statistical analysis by Pakistan Revenue Automation Limited. According to PKR exchange rate, PKR 800 billion sum is the value of these transactions, although the real estate is much larger than these. The number of people among the 16000 has country tax numbers, while the rest are not part of the tax network to know.

Read: Exploding real estate sector contributes only 23 billion in taxes

The Pakistan Income Automation Limited has documented all property written financial records made for net assets costing more than 4 million PKR so it is important to note here that to document the real estate sector, therefore the government has declared it mandatory. that only taxpayers can buy property more expensive than PKR 5 million.

Action Against Real Estate Tax Escaper [2018]

The people who have invested in real estate Federal Board of Revenue prepared their list over the last two years despite the fact that according to a news source they have not paid taxes against these real estate transactions, The 16000 people registered have financed income worth rupee in the real estate market. The 80,000
Transfer-fee-for-commercial-and-residential-plots

Transfer fee for commercial and residential plots

If you want to know the transfer fee of commercial and residential plots, then this article is for you.

The details of the transfer fee for commercial and residential plots are as follows.

  • Housing: Rs.250 per square foot
  • Model Villages: Rs.150 per square foot
  • Business Delivery on Family: Rs. 10,000

Transfer fee for commercial and residential plots

If you want to know the transfer fee of commercial and residential plots, then this article is for you. The details of the transfer fee for commercial and residential plots are as follows. Housing: Rs.250 per square foot Model Villages: Rs.150 per square foot Business Delivery on Family: Rs. 10,000
Scheme-33-No-Further-Registration-Lease-Sub-Lease-and-Sale-Deeds

Scheme 33: No New Registration, Lease, Sub-Lease, or Sale Deeds

The Sindh government has suspended the registration, leasing, subcontracting and sales documents of many housing companies of Scheme 33, Karachi. According to the letter from the Sindh Cooperative Department to IG registrations, the said housing societies in which the administrator or head of the companies committee was appointed, as well as those who received subcontracts and registrations through illegal channels, and those for which NAB -inquiry is in the process will no longer be able to obtain registration, rental, sublease or sales test.

The names of the aforementioned Scheme 33 companies are as follows:

  • Andalleb CHS Ltd. Karachi
  • Former CHS Ltd. Karachi
  • Al-Habib CHS Ltd. Karachi
  • Income tax employees CHS Ltd. Karachi
  • Post Officers CHS Ltd. Karachi
  • KDA officers CHS Ltd, Karachi
  • Firdous CHS Ltd. Karachi
  • Quetta Town CHS Ltd. Karachi
  • Azimabad CHS Ltd. Karachi
  • Employees of HDA CHS Ltd. Karachi
  • Allama Usmania CHS Ltd. Karachi
  • Sindhi Momin CHS Ltd. Karachi
  • Architectural and Engineering Employees CHS Ltd. Karachi
  • Kaghan CHS Ltd. Karachi
  • Civil Aviation Employees CHS Ltd. Karachi
  • National Cement CHS Ltd. Karachi
  • Kokan Muslim CHS Ltd. Karachi
  • Employees of PCSIR CHS Ltd. Karachi

 

In addition, the Cooperative Department also requested to provide all details of subcontracting and registrations issued by the registrar and sub-registrar of the above-mentioned cooperative societies. The letter to DG registrations also asks to intimidate the department before concluding the award of subcontracting in the future so that the department can take necessary actions.

 

A real estate investment advisor who is willing to help people build their investment right and get a nice return on investment in real estate.

Scheme 33: No New Registration, Lease, Sub-Lease, or Sale Deeds

The Sindh government has suspended the registration, leasing, subcontracting and sales documents of many housing companies of Scheme 33, Karachi. According to the letter from the Sindh Cooperative Department to IG registrations, the said housing societies in which the administrator or head of the companies committee was appointed, as well as those who received subcontracts
Investment-in-Karachis-Real-Estate-Door-to-Endless-Perks

Investment in Karachi’s Real Estate – Door to Endless Perks

Karachi, the seventh largest metropolitan in the world, is the center of endless opportunities. The city is known as “The City of Lights” and is often regarded as the city that never sleeps. Karachi, being the center of Pakistan’s economy, is home to about 20 million people. The city is helping business sectors of all scales from small to corporate giants develop and expand.

With many options for each sector, the real estate sector still dominates the city as the best investment domain.

Today we will discuss some of the countless benefits of buying a property in Karachi.

Property Investment Rewards in Karachi

Investments in the real estate sector in Karachi have many advantages.
Investing in a plot or house in Karachi has several advantages. The domain offers you convenient access to beautiful houses on the Arabian Sea coast, cheap apartments, luxury farmhouses, Shops in the city center, and much more. The proposals of the city’s real estate market are the beautiful mix of residential, commercial and mixed-use real estate.

Therefore, the main highlights of our research today of the benefits of buying property in Karachi are the following:

  1. Healthy Return on Investment (ROI)
  2. House on the shores of the Arabian Sea
  3. Convenient transportation access
  4. Business and Job Opportunities
  5. World Class Facilities and Amenities
  6. No need to rent Motels or Hotels
  7. Easy Access to Tourist Destinations

HEALTHY INVESTMENT INCOME (ROI)

Along with many other benefits, the Healthy Return on Investment (ROI) is a major asset of investing in the city’s real estate market. Karachi, as the country’s economic engine and largest city, essentially offers the benefits of ROI in two ways:

  • Or you can rent your business or residence (according to the zoning laws of the respective area) to raise money
  • Or you can choose to live and sell the property in the future to earn a profit, as property value in Karachi is appreciated over time.

Certainly, there are many factors to consider in order to earn the maximum return against your investment.

House on the shores of the Arabian Sea

Karachi being a coastal town has various housing plans along the coast. Top of the line DHA. Clifton followed by Korangi. Some other areas like Mehran Town, Allahwala Town, and Lucknow Society are also located close to the coast. Notably, the development work of the luxury ARY Laguna project is also progressing.

Additionally, buying houses close to the beach is one of the possible options to enjoy recurring profits and steady income. There are many real estate investors who have bought real estate close to the beach and are finally renting out their real estate in the peak holiday season to earn rental income. A house near the coast of Karachi opens many roads to beautiful resorts. There are a number of properties especially huts on the coast of Keamari, Hawks bay, and French Beach. These rental cabins on the beaches are hot cakes during the summer season in the city.

Convenient transportation access

Convenient accessibility is one of the main advantages if you aim to invest in the city’s real estate.

Karachi is the city that never sleeps, serving as the home of about 20 million people, the city scares visitors with its size and scale. However, as soon as you get in touch with the city and its different aspects, you will find yourself comfortable with the fast-paced life of Karachi. You will gradually realize that this city is not about crazy routines. In fact it is a fun place to live, and the abundance of different and convenient transportation options makes life easier in Karachi.

Rental and private cars, buses, rickshaws, international airport and stations have made the daily commuting within Karachi and to and from Karachi quite easy and convenient. In addition, the launch of equestrian programs such as Careem, Uber and Bykea further enabled Karachietes to travel across the city in a matter of minutes, as well as with various rides from luxury cars to Riskhaw and bicycles.

Business and Job Opportunities

Karachi is the center of the country’s economy. Being the main port city of Pakistan, Karachi has important importance not only for national but also for international trade. In addition, Karachi, being one of the world’s largest metropolises, consists of mega shopping malls, popular local markets, shopping malls, private offices, industries and different companies, which makes this city a center of endless opportunities for business and work careers.

The city is also home to Pakistan’s two main seaports. Karachi Port and Port Qasim. With Gawadar and Keti Bunder seaports on the same coast.

Therefore, we can take business and employment opportunities are two of the main advantages of buying real estate in Karachi.

World Class Facilities and Amenities

Karachi’s real estate industry offers a wide range of commercial and residential houses in the city. Whether you are interested in buying a property or looking for a rental property, you can enjoy all the properties with a great range of facilities and amenities.

Despite the fact that the city lacks in terms of infrastructure and suffers from severe power crises, Karachi is often the most preferred choice for individuals seeking affordable housing in the country. The main attractions behind this requirement are ease of access to employment and business, daily living elements, transportation and good educational facilities.

Moreover, if money does not take care of you, you can choose to live in some of the most luxurious regions of the city with a world-class standard of living and also with many different options.

From wholesale to retail markets, local shops to grocery stores, local markets to shopping malls, clinics to large-scale hospitals, from elementary schools to the country’s best universities, gyms to spas and gyms, all facilities and amenities are available in almost every region. of the city.

No need to rent Motels or Hotels

Owning a property in Karachi means you don’t need to spend unnecessary living expenses in the city. In fact your possessions can help you make money.

If you are not a local resident but a frequent traveler to the city for work or personal reasons, buying a property would help you avoid spending on temporary accommodation such as motels, hotels or inns. Additionally, when you’re not in town, you can easily rent your property to raise some extra cash.

Easy Access to Tourist Destination

Karachi is widely known as a concrete jungle occupied by massive apartments, plazas and skyscrapers. The lesser known fact about the city is that it also has many natural sights, natural sights, gardens, forests, resorts and beaches. The City of Lights has a lot to offer when it comes to leisure and places to help keep you active and fit.

Karachi is located close to some of the best sights. Property investment in Karachi would open up easy access to these goals inside and outside the city. Sights include less explored islands, mangrove forests, highway restaurants, fishing and boating sites. Out of the city tourist spots are Kirthar and Bhanbhore National Park. Last but not least, the gems of Balochistan like Moola Chotok, Kund Malir and Kanrach are far from a few hour’s drive from Karachi.

If you still haven’t cared about whether you would choose Karachi for real estate, here are a few more reasons why Karachi should be your best choice.

  • Karachi’s Jinnah International Airport is Pakistan’s busiest airport, carrying about 7.5 million passengers annually. You can travel to and from destinations around the world.
  • Karachi is home to Pakistan’s leading universities and research centers. Pakistan some of the best medical, engineering and business universities are located in Karachi.

So we tried to give you a brief idea about the advantages of owning a property in Karachi. We explained all the advantages, opportunities, facilities, comforts and unique features of the city. Before we finish our blog today, we strongly recommend that you kindly consider a few things before making any decision.

As with any investment, real estate also has assets and risks. You need to consider real estate, taxes, rental value, maintenance and other external factors before making an investment. You need to be clear about your medium-long-term investment strategy. if you are investing long-term in the city, you need to be well aware of the related cost and tax implications.

Meanwhile, if you intend to invest in the real estate market of Karachi. We recommend that you regularly visit our website for the latest real estate price in various parts of the city.

Investment in Karachi’s Real Estate – Door to Endless Perks

Karachi, the seventh largest metropolitan in the world, is the center of endless opportunities. The city is known as “The City of Lights” and is often regarded as the city that never sleeps. Karachi, being the center of Pakistan’s economy, is home to about 20 million people. The city is helping business sectors of all
Pakistan-Real-Estate-Trend-in-2021

Pakistan Real Estate Trend in 2021

‘Gulberg’, Lahore, it will be near Dubai. And I will explain why you need to invest in high-growth developments in this area or risk losing in the opportunity of a lifetime.

During this global recession, the constructive policy of Prime Minister Imran Khan is one of the best decisions during the tenure of PTI. His advisors are extremely shrewd and know what works during an economic depression. They followed the same pattern as California, the United States, which was destroyed by the worst global depression in the 20th century.th century. California has made a miraculous recovery through a “Construction Project” policy to become the World Cup GREATEST economy.

The Government of Pakistan suggests that there will be 1.5 billion rupees economic activity in the next few years. So NOW is the time to invest!

‘Silicon Valley,’ California

If we look at the example of Silicon Valley, the heart of California’s reinvention, we can see the benefits of recognizing innovation, but most importantly, capturing an upward trend. The word “silicon” originally referred to silicon-based technology circuit board production. The area is now home to most of the largest high-tech companies in the world, including the headquarters of more than 30 companies in the Fortune 1000, countless corporate headquarters and thousands of start-up companies.

Famous companies

  • Google
  • apple
  • Facebook
  • Visa
  • ebay
  • Intel
  • HP

So, “Silicon Valley” is the result of smart investment. It rose like a phoenix from the worst recession of the 20th century and became the World Cup GREATEST economy within 25 years from construction to realization. Innovation and smart money rotation have brought global attention and great investment, in a relatively short period of time. which continues to this day. ‘California Dream’ has become the anthem of a generation. When you have a growing economy, innovators and businesses flock to one area where they share common goals and attract even more investment.

So how can you invest at the beginning of this trend? Here’s how:

Imlaak offers ‘Sixty6 Gulberg’

Following Dubai’s success, Imlaak proudly boasts a new concept of luxury living that is constantly integrating luxury living with a main retail space in the form of a fourteen-story high-rise building.

Advanced Furnished and maintained accommodation in the heart of Lahore

One-Bedroom Luxury Dwellings – carefully designed

✨Location
66-D Sir Syed Road Gulberg 3, Lahore Pakistan

https://goo.gl/maps/m3smWCQ4aSqrjdje9

✨Function and Pleasures:
• G + 14 floors (High Quality Luxury Finishes, 4-star quality)
• 2 floors of retail restaurants and Fine Dine
• 4th to 12th floor will have one-bedroom various sizes
• 13th and 14th floors dedicated attic units
• Roof garden, swimming pool and barbecue Grill, Sauna,
• Smart home technology integration
• Staff housing
• Electric Vehicle Stations
• 24/7 Security
• 24-hour Power Reserve, Central Air Conditioner

RezPrices and Payment Plan
• The prices of a furnished unit start from just 21,500 per sq. Km
• 10% order
• 10% in 60 days after booking
• 10% in 120 days after booking
• Remaining after 30 months
• Progress and time-based plan

Why Sixty6 Gulberg Sixty6 should be your choice.

Now let’s discuss how our projections will be fulfilled in the next 2-3 years, as this is the time frame for Sixty6 Gulberg. This project will be our reference as we go to further collaborations. In the meantime, we will continue to grow our investment network, creating lucrative opportunities, whether for Capital Gains, Rental Returns, Luxury Lives, or a Secure Future.

Prices of sixty-six are much less than similar projects in Gulberg. So Capital gains in Sixty6 Gulberg will be achieved after at least 50% of the project is realized. And rental returns are a sure thing due to high demand in the Gulberg region. With proper analysis and calculated forecasting, it is quite realistic that all projections will be fulfilled.

Why is the Real Estate Trend shifting to tall buildings in Lahore?

In an Economic Depression, everything just stagnates, and your GDP declines due to a lack of cash flow. People are afraid and take money out of their companies because they feel they are not succeeding enough. Meanwhile, the general cash flow circle is interrupted. So the best way to improve cash flow is to offer something in which you can engage maximum people and industries to work for a common goal.

That is why Imran Khan has offered a construction policy to engage different people and industries for a single purpose, i.e. we had a high demand for cement and iron in 2020. The cash flow between different business interests creates huge demand so the economy is not free. due to financial chaos.

So the smart investor makes more money when you know the direction smart money is flowing: everyone wants to start a trend towards the start of the rise. Smart money doesn’t go where it’s not possible. Smart money comes from smart people who have multiplied their money by investing in the right trend on time. They know where they will receive gains because they do proper research before they intervene.

Don’t consider yourself a retail investor but ‘Early adopter‘. This is a true entrepreneur: someone who makes calculated investment decisions and leads the flock.

To do this, you need to understand all kinds of investors in the Real Estate Sector, explained below.

  1. The Early Adopter
  2. The Institutional Investor
  3. The Retail Investor

The Early Adopter

An early Adopter is one who always sees the bigger picture; the long-term owner; one that anticipates the Market from a 10-year point of view. He actually holds the hammer and smashes the nail in time and then doesn’t look back because he knows he put it in the best position. After completing his tenure, he re-examines and realizes the return on his investment. He makes confident and calculated assumptions as he looks at the overall strength of the Market and decides whether to sell or hold much longer.

The Institutional Investor

“Whales” Have you ever heard of a whale?

Of course, you may have heard of it many times, Whale is the best description of an Institutional Investor. The Institutional Investor holds a bag of gold that creates euphoria in the Market, inflating the balloon to an abnormal extent, trapping small investors (mostly retailers), and carrying out their investments.

The Retail Investor

The Retail investor is mostly the last man standing, caught up in the euphoria of making an uninformed decision.

The retail investor is the prey on which the “Institutional investor” feeds. They play with the emotions of the retail investor by creating an artificial price in any market, gradually inflating the price where the retail investor enters late and often misses the train, catches himself in the abnormal exaggeration cycle and is exploited by those with deeper pockets. The “Institutional Investor” is running out of the Market, carrying out the best time.

The picture above is the basic psychology of each market and we could say that we are now in the ‘unbelieving phase’ because believing in someone’s vision is very difficult to understand and compelling to understand until you do enlightened research. But once the trend starts and people start making money, everyone can adhere to the optimism and the already established belief.

You should be an “early adopter” who takes advantage of their money instead of being the prey of the “institutional money”. Come in now. ‘The trend is your friend.’

Written by Husnain Ashraf- Expert on Global Markets Psychology, behaviors, patterns etc.

Contact Husnain Ashraf for Consulting – 0300 204 99 66

Email – [email protected]

The secret to our success is the loyalty and trust we share with our investors, we win when you win.

WE DO NOT FORECAST TRENDS, AS THEY DO

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Pakistan Real Estate Trend in 2021

‘Gulberg’, Lahore, it will be near Dubai. And I will explain why you need to invest in high-growth developments in this area or risk losing in the opportunity of a lifetime. During this global recession, the constructive policy of Prime Minister Imran Khan is one of the best decisions during the tenure of PTI. His
Luxury-Homes-With-Peaceful-Colour-Palettes-and-Bright-Skylights

Luxury Homes With Peaceful Colour Palettes & Bright Skylights

Modern luxury thrives on an understated shape, peaceful color palettes and spacious room arrangements. Here we look at three inspiring home interiors, pictured by Shexia Space Design, which highlight grace and refinement with crisp neutral, luxurious contemporary furniture and a totally delightful taste. We also notice how these elegant interiors benefit from the inclusion of bright skylights that transform the very essence of each place in completely individual ways. These windows to the sky open an unusual modern fireplace corner, illuminate a courtyard full of beautiful glass art, create a water-refracted play of light over a luxurious dining room and brighten up a home office sitting on a glass mezzanine.

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Other related interior design ideas may appeal to you

Luxury Homes With Peaceful Colour Palettes & Bright Skylights

Do you like Architecture and Interior Design? Follow us .. Thank you. You have been subscribed. Modern luxury thrives on an understated shape, peaceful color palettes and spacious room arrangements. Here we look at three inspiring home interiors, pictured by Shexia Space Design, which highlight grace and refinement with crisp neutral, luxurious contemporary furniture and
Buying a house in Lahore

Buying a house in Lahore

Lahore is the capital of Punjab, which is known as the social focus of Pakistan. There is a well-known saying in Urdu about the energetic life and delights of the city. It may be interpreted as “the individuals who have not seen Lahore have seen nothing.” Lahore is an awesome mix of dynamic culture, incredible legacy and energetic individuals. Individuals here appreciate life without limit. Lahore is additionally appreciated for its great food. There are a large number of eateries in Lahore that offer a wide assortment of food, from Desi street food to International dishes.

In Pakistan, particularly in Lahore, the land area has developed fundamentally in the most recent couple of years. Alterations to the assessment laws have prompted a sharp ascent in property costs and new lodging plans in Lahore after some time. The profit from speculation is high and the standpoint is acceptable. There is no lack of alternatives in the Lahore housing market. There are numerous private improvements like Al Rahim Park, Ali Town, Bahria Town Lahore that offer units available to be purchased.

Types of homes in Lahore

Types of homes

In the event that you are putting resources into current lodging projects like Lake City in Lahore, purchasing a house in Lahore can be an overwhelming assignment. The venture is situated on the celebrated Rewind Road. The task covers a region of around 2,400 acres of land and gives a remarkable lifestyle for the overall local area in the peaceful green climate. The best thing about the Lake City lodging project is that it has its own ring street, which makes life simpler for occupants.

Bahria Town covers a huge region of land and is another well-known private project in Lahore. The Project is situated on the edges of the city close to Canal Road and Thokar Niaz Baig. Multan Road and Mall Street are close by, which raises house costs and makes it a superior spot to contribute. This sort of local area can be reached in an assortment of ways, for instance, it is situated a little way from Lahore Ring Road.

Home Trends in Lahore

Home Trends in Lahore

Things like public vehicles, markets, streets interfacing instructive establishments and downtown areas, and security all significantly affect property costs. Luckily, practically all significant lodging projects in the city have such freedoms. Hence, in these networks in Lahore, it very suitable to purchase a house as there is a decent possibility of cost increment later on, which can prompt great benefits.

Bahria Town, Lahore, is a famous residential project. Houses here sell rapidly. The 5 Marla house costs between 74Lakhs PKR to 1.68 crores.

Educational Environment of Lahore

Educational Environment of Lahore

Auxiliary schools, universities and colleges are situated on the whole significant locales, including the significant urban communities of Lahore.  Well known colleges like Girls’ Primary School, Bismillah Campus, Bank of Laurel High School, State Certification College, Lahore Medical and Dental College, Concordia College, Light Business and Science College, and Azra Nahid close to Lake Lahore Medical School, Sheriff Dental College of Medicine, Beacon House National University, UET, Lahore School of Architecture and other clinical universities and colleges. Probably the best school here is Froebel’s International School.

Safe city Lahore

Safe city Lahore

Contrasted with certain significant urban areas in Punjab, Lahore has awesome designs for water conveyance, waste, phone lines, power and web. Lahore is likewise more secure than other significant urban areas in the country.

Commercial Hub in Lahore

Commercial Hub in Lahore

Lahore is famous for food and diversion, so you have minimal decision with regards to eateries, shops and corner stores in Lahore. For instance, if you think about Al Rahim Garden Lahore, know that there is no neighborhood food, yet you will discover Bismillah eateries that represent considerable authority in contemporary cooking and close by cafés and food markets.

Close to Bahria Town Lahore, you can discover numerous cafés like Crista 11, McDonald’s, The Pizza Shop, Jimenez Java Cafe, Luxurious Hotels and Café, Flames Grill N Bar. The city is in excess of a retail outlet. Green valley Supermarket, Salam Square, Lake City Mall and Lahore Mall are the absolute most mainstream shops in Lahore.

Why invest in Lahore?

Invest in Lahore

One of the fundamental motivations to put resources into Lahore is the city’s effective trade framework. Lahore is an enormous benefit over the quick metro transport administration around the city. In the event that you come from a major city, it’s difficult to work, so it’s ideal to move here. Lahore is the second biggest monetary focus after Karachi Pakistan, so there are thousands of occupations here.

Buying a house in Lahore

Lahore is the capital of Punjab, which is known as the social focus of Pakistan. There is a well-known saying in Urdu about the energetic life and delights of the city. It may be interpreted as “the individuals who have not seen Lahore have seen nothing.” Lahore is an awesome mix of dynamic culture, incredible
Buy-a-home-in-islamabad

Buy a home in Islamabad

Islamabad is the capital of Pakistan and is among the beautiful cities of Pakistan. It is the only planned city in the country. Islamabad is famous for its natural beauty vast green spaces, parks, landmarks, forests, wildlife, etc.

Islamabad is located on the northern plains and it has pleasant weather. The Islamabad city provides its residents with a high standard of living because they have easy access to basic amenities and are happy to live in the cleanest city of Pakistan. The majority of the population of Islamabad belongs to the middle, upper-middle and upper class.

Islamabad Capital Territory (ICT) is a federal city under the control of the federal government. It is also a place where all state affairs are discussed and resolved. Home to a very large section of personnel, Islamabad has some great and prominent features. There are number of residential projects in Islamabad where people often invest heavily like in Bahria housing, DHA homes and others. Housing prices in Islamabad have increased since the 1960s.

Islamabad, like other metropolitan areas, offers immense investment opportunities.

Home in Islamabad

buying-home

 

Are you looking for a home for sale in Islamabad or to find the perfect property in Islamabad, the city offers a wide range of properties. There are 5 Marla, 10 Marla and 01 Kanal houses in Islamabad. It offers single, double and triple bed beautiful apartments.

Residential properties in Islamabad

Residential-properties-in-islamabad

Residential properties include all types of homes, apartments, townhouses, flats and apartments. If the investment is low or you do not want to invest a large amount of money in real estate, try buying a home of 5 Marla in Islamabad.

Hundreds of 5 Marla and 10 Marla Houses are available for sale in Islamabad. You can also own a home by paying a small amount each month.

Commercial real estate in Islamabad

commercial-realestate

These properties include commercial and office space that is rented for any type of business. Similarly, you can get free income from your commercial property in Islamabad.

Industrial real estate in Islamabad

Industrial-real-estate

Features of the industrial property is that you can use it for creating products, storing products and distribution of the products. Where Islamabad employs industrial areas, investing in industrial real estate is generally more profitable.

It is not wrong to say that the best facilities offered by Islamabad to Pakistan are modern infrastructure such as clean and safe water, electricity and gas, modern facilities like educational institutions and cemeteries, large playgrounds, green parks, cinemas and theaters, Islamabad has all.

Educational institutions in Islamabad

Educational-institutions

There are hundreds of small and large schools and universities in Islamabad today. There are schools and universities in many fields and communities near houses in Islamabad. Private and public educational institutions are playing their role in giving the city the best educational facilities.

Transmission system

Transmission-system

There are many transport services in Islamabad. The Metrobus service is widely used by the working class in all major parts of the city. Although private taxi services also operate in Islamabad but many Islamabad residents prefer to use their own vehicles.

Security

Security

Islamabad is considered as the safest city in Pakistan due to its sophisticated security system and more than 1500 surveillance cameras. Most buildings and houses in Islamabad have installed surveillance cameras inside and outside. Crime rate in Islamabad is lower than other cities comparatively.

Shopping centers in Islamabad

Shopping-centers

Some of the major shopping malls in Pakistan are already operating in Islamabad and are planning to implement the following projects, Arabia Mall, Imarat Builder Mall and Amazon Mall.

Islamabad has a large number of local markets that allow people to buy anything locally.

Health Centers in Islamabad

Health-Centers

Islamabad is the place to find the best health facilities. There are many private and public hospitals and clinics that successfully meet the health needs of local and foreign citizens.

The best medical providers in Islamabad are Shifa International Hospital, Quaid-e-Azam hospital, PIMS, Kalsoom international  etc.

Nearby places

Places

There are many places around Islamabad to relax or spend a day with family and friends. Do you love Islamic architecture? Take a look at the famous Faisal Masjid. Would you like to go on a weekend trip? Go to the Margalla Hills.

If you just love the natural beauty visit Rawal lake, Daman-e-Koh or Pir Sohva can be a great place. History enthusiasts should visit the monuments of Pakistan, Lok Virsa and Saidpur village.

There are also the best and most luxurious hotels in Islamabad. Many of these popular hotels include the Marriott and Serena hotels. The hotel’s aesthetic ambiance, swimming pool, gym, high-quality restaurant and landscaping will enhance your visit. In addition to these luxury hotels in Islamabad, there are many rest/guest houses.

Buy a home in Islamabad

Islamabad is the capital of Pakistan and is among the beautiful cities of Pakistan. It is the only planned city in the country. Islamabad is famous for its natural beauty vast green spaces, parks, landmarks, forests, wildlife, etc. Islamabad is located on the northern plains and it has pleasant weather. The Islamabad city provides its
10-Ways-to-Reduce-Construction-Cost

10 Ways to Reduce Construction Cost

Construction is a wide field and there is a lot of competition among contractors who bargain on the quality of construction they provide. Here are few tips on which you can decrease construction cost without compromising on construction quality.

1. Good plan/layout of building:

layout of building

First and basic requirement for construction is a good layout/plan of the building/project you want to construct. A good plan can decrease or increase your construction cost. So Plan must be simple, elegant and energy efficient keeping in view the concept of green building.

2. Hire Qualified Contractor/Subcontractor:

Qualified-Contractor

Hiring a qualified contractor can result in reducing material wastage, making corrections in drawing as per field, understanding the purpose and feel of building. Always try to hire qualified and young engineers as they work very professionally and work hard to make their name and also they’ll charge less as compared to experienced contractors.

3. Hire skilled labour:

skilled-labor

If you are constructing house/building by yourself and want to hire labour for that project go for skilled labour. Monitoring the labour is a hell of task but skilled labor will reduce 50% of your pain for the project. Though they’ll charge a little high but will do more quantity of work than unskilled labour.

4. Thickness of walls:

Thickness-of-walls

Thickness of internal walls (Washroom/toilet, powder, kitchen etc.) should be less than external walls. As internal walls act as partition walls and no load/minimum load is distributed through these walls so thickness should be less.

5. Use local material:

local-materialAs local material is readily available and it reduces transportation cost. In some areas. Bricks are cheaper and in some areas concrete blocks are cheaper, so use local Material for construction.

6. Avoid Unnecessary construction members:

construction-members

Most of time, clients on the direction of unqualified contractors provide unnecessary beams or other members to support structure which result in increasing the cost of construction.

7. Squared Shape Rooms:

Squared-Shape-Rooms

Constructing rooms having length and width same instead of rectangular shape will result in decreasing cost up to 20%.

8. Minimum rooms/walls on ground floor:

Minimum-rooms

Constructing the least rooms/walls on ground floor results in minimizing foundation which then results in decreasing the cost up to 30%.  As most of the Money is utilized in making foundation extra stronger which increase the cost. So provide more rooms on 1st or 2nd floor.

9. Foundation Width:

Foundation-Width

Most of the time people want to construct more foundation width than usual without knowing the reasons like type of soil, height and load of building, Soundings etc. and results in wasting a lot of Money on nothing.

10. Time Frame:

Time-Frame

Delaying the project results in increasing the cost so always try to complete the project within minimum time frame. When we delay the project it’ll cost labor charges and escalation of material which increases the cost. So Always try to finish the project in minimum time frame.

In today’s world of selfish nature, nobody cares about your loss, most architects even don’t think before designing and copy paste their designs and try to adjust them in different environments without thinking about the client’s money. So it’s only you who have to care about money and quality of work.

Feeta.pk is Pakistan’s No.1 property website offering sale, purchase and rent with a user-friendly medium for the citizens. It offers all types of plots, houses, residential, commercial, business and apartments.

10 Ways to Reduce Construction Cost

Construction is a wide field and there is a lot of competition among contractors who bargain on the quality of construction they provide. Here are few tips on which you can decrease construction cost without compromising on construction quality. 1. Good plan/layout of building: First and basic requirement for construction is a good layout/plan of
5-Reasons-to-Invest-In-Multan

5 Reasons to Invest In Multan

Globally, property investment is believed to be an “easy money” way. The only prerequisite is smart decision making in choosing a location and some patience. The same holds true for Pakistan, especially Multan as it is most likely to be the center of South Punjab. It is soon to be the ‘money-making place’. But, how can we anticipate about Multan? Does Multan carry enough potential? The investor is wise enough to think about the pros and cons before investing capital in any market and land. So, we will discuss the realities associated with this narrative.

 

1) No saturation / Investment potential:-

It is undeniable fact that no saturation exists in the property market of Multan: there exists space, potential, and capacity for investment. The swelling of the city has just got acceleration. Investment opportunities are available very near to already established residential settlements and not far away from the center of the city. On a surprising note, agricultural land and mango orchards can be viewed inside the city and are regarded as the best option to invest as it can get high in price scale in the quickest time if developed prudently.

2) South Punjab Province on cards:-

The demand for South Punjab on administrative grounds goes way back, but PTI led govt seems serious in this regard as the South Punjab secretariat has been functional. Development projects can be witnessed in and around Multan and are most likely to be the capital of the new province. New district status to taunsa, kot-addu clearly adds up to this narrative. It’s a fact universally acknowledged that prices swell where infrastructure development is done and it fits in the argument for Multan being an ideal for investment.

3) DHA / Citi Housing:-

DHA’s name in real estate isn’t unknown to anyone in the country. Under the patron of the military, they are the most reliable, well maintained, organized real estate project. Multan, the economic capital of South Punjab, is the new destination of DHA and is offering residential, commercial, business opportunities for the citizens. The prominent feature is the 18-hole Romanza golf club which stimulates investors’ attention. In DHA history, no one experienced loss in the capital value from investments. The same goes true for City Housing which is a scion of Bahria Town Pvt Ltd. They exist almost in every big city of Pakistan and have launched themselves in Multan at two opposite corners of the city, first at Bosan road and recently at shujabad road. They both are prime locations and ideal for investment as the city is expanding in these directions.

4) Commercial and Business:-

To start with, Pearl Continental Hotel, a 5-star hotel chain that is under construction near Askari Phase-I Multan Cantt, will certainly increase VVip travel and tour in the city. Although, Ramada hotel already functional for many years PC addition will certainly leave its position impact. Along with this, Metro cash & carry is newly launched in Multan at Bosan road, which will increase the significance of Multan as a safe place for investment. Metro Bus system already links the opposite ends of the city, thereby easing the connectivity. These are the features of big cities, resultantly, will attract business and investment to the city of saints and ultimately increasing property prices.

5) Price hike:-

It has been witnessed with developmental and infrastructure projects being carried out in and around the city like Nishtar-II, motorway connectivity from North and South, upgrading of roads and sewerage systems are resulting in price hike by 100%-150%. Even the rural population of South Punjab prefers shifting to Multan so that their children can get modern education and grooming environment. This has increased the demand for the residential sector. Undoubtedly, 2-3 years from now, when these projects will complete Multan will certainly get into the shape of a metropolitan city and property investors will be able to secure fat profits.

Summing up this discussion, Multan has the potential to project itself as a trustworthy market for property investment, but with patience to avail the yield beyond imagination.

5 Reasons to Invest In Multan

Globally, property investment is believed to be an “easy money” way. The only prerequisite is smart decision making in choosing a location and some patience. The same holds true for Pakistan, especially Multan as it is most likely to be the center of South Punjab. It is soon to be the ‘money-making place’. But, how
Best-online-real-estate-portal

Best online portal for Real Estate in Karachi

You must be looking for the list of real estate agents in Karachi, or you would be wondering what the best Karachi real estate companies you can look for. When you search for a property for sale in Karachi, it is essential that you find out a lot more about the Karachi real state and then look for the best online portals that can help you with purchasing or selling real estate in Karachi. Below we have compiled the list of top property portals where you can rent, buy, or sell Karachi real estate.

 

Feeta.pk

This is an online property portal that can help you relate to the Karachi release date. When you are looking for a plot or a shop to purchase or sell, you can check the property listings here on this portal. It is one of the top property portals with trusted sellers and customers to provide you with the best options for the property. You can not only look for the plots but also you can look for the houses to rent or to purchase. The excellent navigation of this website makes it an incredibly great online property portal.

 

Zameen.com

Zameen.com is another one of the Grand online portals for the real state in Karachi. You can find out some of the best property listings here on this platform. It has made its name because of the trustworthy functions and excellent website navigation. Moreover, the functionality and performance of Zameen.com are top-notch.

 

Olx property Karachi

OLX is another famous property portal. Initially, it was a simple portal that helped people to sell their stuff. But now, it has expanded its services to help people buy and sell the property. It has become a famous platform for selling and purchasing various things, including vehicles and property. The people who are looking for property in Karachi must check Olx property Karachi.

 

Propertyfinder.pk

Propertyfinder is another online portal that has been helping people find out the exact property to purchase or sell not only in Karachi but all over Pakistan. It is a famous and trustworthy online portal for looking for a real state in Karachi. It is always a better option to get in touch with the trusted and authentic property portal to provide you with the best options available.

 

Visit the local real estate agents.

Whether you are planning to sell or purchase the property, there is always the option of visiting the local real estate agents. There is a long list of real estate agents in Karachi that are available. However, it is always best to look for the available options near the property you want to sell, purchase, or rent.

Whenever you want to invest in real estate in Karachi, and you want to know a little more about Karachi real estate. You can always go to the online property portals are the real estate agents in Karachi that can help you with purchasing the property or buying it and making sure that you find out the authentic buyers or sellers.

Best online portal for Real Estate in Karachi

You must be looking for the list of real estate agents in Karachi, or you would be wondering what the best Karachi real estate companies you can look for. When you search for a property for sale in Karachi, it is essential that you find out a lot more about the Karachi real state and then look for the best
dha-Multan

Why should you invest in DHA Multan?

Are you living in Multan, or are you planning to invest in property in Multan? Right now, the best place to invest in DHA villas Multan is becoming famous because of the value and quality. People are planning to invest in the property because of various reasons. Are you wondering what the reasons to invest in Multan Dha villas are?

There are various reasons why people are now looking for houses for sale in DHA villas Multan. Let’s find out the reasons.

Best timing 

It is no doubt to invest in real estate all over Pakistan. If you are specifically looking for a place to invest in Multan, you know the best option. DHA Villas Multan is the best spot to invest your money right now in 2020. Real estate is becoming the biggest boom and the most developing industry in Pakistan. And to get the best benefit out of the real state, you can invest right now because it is the best time.

 

Best prices

 When you plan to get a property in Multan, you must be wondering what the best place to get is best to invest your money in Multan. We would recommend you to look for the houses for sale in DHA villas Multan. These houses are not only available at the best prices, but also it is the best place to invest your money because of the biggest value of money.

 

DHA is a trustworthy authority

Whether you are looking for houses in Peshawar, you are looking for property in Karachi, Defence housing authorities a trustworthy spot. The same goes for Multan. When you are looking for houses to invest your money in or want to get a residential plot or a commercial area, you can invest in DHA villas Multan, which is trustworthy and a viable spot to invest your money. The success of the Defence housing authority is very well known; therefore, it is easier for people to trust such authorities with their massive amount of money. Make sure you are getting the best benefit from the investment you are doing in real estate in Multan. And investing in Defence housing authority anywhere in Pakistan is always successful because the foundation is trustworthy, and people have a perception of it being a great locality and a posh spot.

There are various other reasons to invest in DHA villas Multan, but the value of money and the success ratio always remains on the top. It is always great to invest your money in a trustworthy real estate property that provides you with a better idea of success and better Returns. Ensure you are getting the best benefit out of your investments in Multan and all over Pakistan. And you can look for the property through online property portals. Feeta.pk is a successful property portal that can help you get the best property listings all over Pakistan.

Why should you invest in DHA Multan?

Are you living in Multan, or are you planning to invest in property in Multan? Right now, the best place to invest in DHA villas Multan is becoming famous because of the value and quality. People are planning to invest in the property because of various reasons. Are you wondering what the reasons to invest

Is it worth Investing in Lahore Real Estate?

Lahore is one of the most populous cities in Pakistan. It is also known as the city of lively people. You can enjoy various cuisines here, and it is a lovely city with warm and welcoming people. When it comes to moving to other cities or buying a property in multiple Pakistan cities, you might be skeptical about choosing the perfect area. But do you think that investing in real estate in Lahore is worth the money?

Well, keep in mind that the real estate business is an evergreen business that will not leave you empty-handed. You need to have the interest, and you need to wait for the perfect time. The calculated risk can provide you with greater benefits. Moreover, when it comes to investing or buying a property in Lahore, there are many great options. With the new projects starting in Lahore, the locality rates are increasing, and it might be the best time to invest your money in the Lahore real state.

 

How to find a perfect property in Lahore when you are in Karachi?

 

This is a common problem that most people in Karachi or other cities of Pakistan might be interested in investing in real estate in Lahore. But what is the solution to that? The easiest and most straightforward solution is to use the online property portal. You must be wondering if there is any authentic and smartest property portal available with the massive amount of property listings with the updated image gallery. There is an excellent property portal that will provide you with the perfect amount of information regarding a property and provide you the information regarding the owner. But do you know what online property portal it is?

Well feeta.pk is a top-notch property portal that is becoming famous because of its excellent navigation and the various filters that can help you find the perfect property anywhere in Pakistan. The same goes for when you are looking for a property in Lahore. Whether you are in Karachi or any other city in Pakistan, you do not have to worry about initially visiting the area. You can narrow down the best options in Lahore real estate, and then you can make up your mind to visit Lahore and finalize the deal with the owner.

Feeta.pk, as we know, is the fastest growing and smartest online property portal in Pakistan with various features for anyone in Pakistan. It will provide you massive information regarding any property along with The authenticity of the owner, and it will also make sure that the privacy of the buyer or the seller is adequately protected. Not only for buying and selling, but you can also use this platform for renting purposes. It is also about the houses, but you can also find out flats, shops, plots and much more on this website.

Is it worth Investing in Lahore Real Estate?

Lahore is one of the most populous cities in Pakistan. It is also known as the city of lively people. You can enjoy various cuisines here, and it is a lovely city with warm and welcoming people. When it comes to moving to other cities or buying a property in multiple Pakistan cities, you might
How can I buy property in Pakistan?

How can I buy property in Pakistan?

Introduction:

Buying a property in Pakistan is an entirely uphill and challenging task, especially when you have never been to a real estate in Pakistan. When you have money in your pocket, then everything related to property looks appealing and rosy. When you deal with different property dealers, every one of them will make you believe that you will be a millionaire if you invest in their plans and projects. In some cases, this might be true, but in most cases, you’ll end up losing all your money over some shady projects.

Real estate Pakistanis undoubtedly a significant investment in businesses, but the Pakistani Government never regulates it. The lack of authentic information gives room for wrongdoing. Therefore, one should be very careful while investing. He should spend some of his time to gain knowledge through all the available means. There are numerous property scam reports in Pakistan, even in the big cities like Karachi, Lahore, and Islamabad. These property scams include selling illegal properties, selling fake documents, selling encroached properties, etc. Scams that are related to the government have time risks. In this case, you lose the cost opportunities.

How can I buy a property?

If you are thinking of buying a property in Pakistan, then real estate investments can be a good or bad option, depending on your choice of estate agency. A suitable property can bring you good fortune, but a lousy property may not get you any gain or fortune. These conditions depend on how much homework you have done. If you are an investor, you cannot always make the right decisions, but you can decrease fraud and loss risks. You can do this by doing proper researches and homework. To be on the safe side, you should always keep the following points in your mind.

  • You must know your sponsor and have detailed information about them. You should always check their reputation in the market to get better knowledge about them.
  • You must know the project in which you are going to invest.
  • You should know the location of the land before investing in the project.
  • After knowing the location, check the master plans like project features and town planning.
  • You should check if the developer is good or not.
  • Look for trustworthy and authorized dealers in the market.
  • Compare the price with the market price.
  • Always verify the documents from the society office.
  • Meet the owner of the land before buying it.
  • Never pay the full amount in the first meeting. Instead, pay in advance.
  • Always demand a copy of the sale agreement.
  • Make transactions of the property in the form of payment orders.

Moreover, if you are new and want to invest in a property, then you must go for some of the trusted real estate of Pakistan. The trusted and verified property real estate agencies of Pakistan include feeta.pk, zameen.com, saibanproperties.com, etc.

Conclusion:

Feeta.pk is the most trusted and verified property portal based in Pakistan that offers its customers the highest level of services. It was established in 2020, but it has overturned the whole real estate of Pakistan. This portal enables you to buy, sell, and rent properties all over Pakistan. Using this app, you can find flats, houses, plots, and apartments in almost any city in Pakistan.

How can I buy property in Pakistan?

Introduction: Buying a property in Pakistan is an entirely uphill and challenging task, especially when you have never been to a real estate in Pakistan. When you have money in your pocket, then everything related to property looks appealing and rosy. When you deal with different property dealers, every one of them will make you believe
How to find property for sale in Islamabad?

How to find property for sale in Islamabad?

Are you planning to move to Islamabad, or do you want to invest in the real state in Islamabad? Are you planning to get in touch with somebody to look for the options regarding Islamabad’s real state? Do you want to know a little more if it is worth investing in property in Islamabad? Well, these are all the options that come into the mind of any individual who is a potential investor in a real estate property. Suppose you are potentially looking for a property in Islamabad, you might need to look for a property for sale in Islamabad. But where should you look for the property?

Finding the property in Islamabad is not Rocket Science. But when you are not in the city and are planning to invest, it might be a little hassle. How would you find out the property for sale in Islamabad when you are not living in Islamabad? It is not a problem anymore.

Download feeta.pk now!

Feeta.pk is the online property portal that can help you find out the best property options available in Pakistan. You don’t only have the option to invest in Islamabad’s real state, but you can also find out the incredible property options that are available all over Pakistan. Suppose you are only focusing on the property for sale in Islamabad. In that case, there are filters available on the application that will provide you with the perfect navigation of the places available for sale in Islamabad.

What do you need to do?

All you need to do is download the application and then look for the sale options in Islamabad. Now what?

Now look for the property that is listed in Islamabad. You can put the filters for better navigation. If you are looking for a property in a particular area, you can filter that area and then find out the property accordingly. You can also put in a filter for the price range. It will help you to find out the right property for sale according to your budget.

With easy and simple navigation of this property portal, you can look for the places and property for sale in Islamabad. You no longer have to worry about the exact location that you might need to look at. This online property portal is that you do not need to visit the location initially physically. You can make up your mind regarding buying the potential property for investment or for renting. And when you have found the best and appropriate option according to your investment or budget, you can go and look at the property. There is a massive picture gallery also available that you can use.

It is easier to find out the property in Islamabad when you look for the property for sale. Now you must be wondering where else can you look for.

If you are not planning to use the online property portal, you can go to the real estate agents in Islamabad and talk to them regarding the options available for sale.

How to find property for sale in Islamabad?

Are you planning to move to Islamabad, or do you want to invest in the real state in Islamabad? Are you planning to get in touch with somebody to look for the options regarding Islamabad’s real state? Do you want to know a little more if it is worth investing in property in Islamabad? Well, these are
best-online-property-portal-in-pakistan

What is the best online property portal in Pakistan?

Real estate in Pakistan is a booming industry with many potentials and provides a massive amount of profit in the long term. People are usually intrigued about this long term investment and want to invest their money for long term Returns.

Moreover, the real state of Pakistan is a forever flourishing Industry that will provide you Major benefits if you are consistent and making calculated decisions. You have to be sure about where you are investing your money and if it is trusted or not. One of the most significant areas of uncertainty is that people do not trust the dealer here in Pakistan. And most of the time, these are the dealers who are scamming and running away with the money.

But is there any safe platform regarding buying and selling of real estate in Pakistan? Well, there is absolutely a great platform that you can use. Feeta.pk is a top-notch and smart property portal that is becoming famous among the people in Pakistan. It is the number one platform that offers are you to buy or sell your property. It is becoming famous because of its intelligent navigation system and the features it provides for the people who are willing to invest or sell real estate in Pakistan.

What do they offer?

Feeta.pk is a simple yet smartest property portal in Pakistan. The major highlight of this property portal is that it provides authentic information regarding the real state in Pakistan. Whether you plan to sell or buy a property in Pakistan or you’re a dealer, you will benefit from this portal. It has various property listings combined with authentic information about the seller.

Moreover, it also provides security regarding the information of the seller and the buyer. The navigation of this website is super simple and easy, which is making it more popular among common people in Pakistan. It has become the number one competitor in the real estate Pakistan for providing the best property listings. People are now looking for the areas to live in or shops to buy at home without roaming around and wander from one real estate agent to another.

Advantages of using the online property portal

Once you find an authentic online property portal with a massive amount of listings, there are various benefits that you can get.

You can find the best property in your city and outside your city without the need to visit there initially. You can find out the appropriate property listings in the area where you want to live or invest your money in, and then you can narrow down the options, and finally, you can visit the area to crack the deal at the end.

You can put many filters regarding the areas and the price range and the locality that you are looking at the property in. It becomes a lot easier and simpler for people to stay at home and look at the pictures. However, for that, the image gallery has to be incredibly updated.

What is the best online property portal in Pakistan?

Real estate in Pakistan is a booming industry with many potentials and provides a massive amount of profit in the long term. People are usually intrigued about this long term investment and want to invest their money for long term Returns. Moreover, the real state of Pakistan is a forever flourishing Industry that will provide

Bahria Town or DHA Karachi, which one is a better option?

When you talk about the luxury locations with your residential projects, then two significant names come to your mind. One is the Bahria town, and the other one is DHA Karachi. Dha is present in the outskirts of Karachi, and it is known to be the posh location of Karachi. However, Bahria Town is the project by the Bahria group.

Both of these fascinating locations have their pros and cons. You cannot deny that there will be up and downsides, but you cannot forego that both of these locations are the most luxurious and fascinating locations of Karachi. People invest in These areas to have a long term better lifestyle. But when comparing both of these areas, you must understand which of these is the best option. Let’s talk about the sizes and the location.

Sizes & location

Karachi is a big city and offers a lot of Perks and Joy of living in this city. However, every place has diversity, and you will have to understand and scrutinize the process of buying the residential area in Karachi. When you plan to get your house in Bahria Town, you must know that it has a total area of 44000 acres, and it offers up to 58 blocks, which is massive. With that, you will understand that Baria town had an enormous space for living, and you will not feel crowded when you are in the space.

Compared to that, dha Karachi has a total area of 20000 acres and only has 16 sectors. Even though the defense housing authority Karachi is the area that is considered to be more luxurious as compared to Bahria Town. But with time it has been crowded are most people have started living in this area. It is still a top notch area of Karachi with its poets and significant advantages in terms of luxury. It is a fascinating area of Karachi that offers living space for higher and elite classes.

However, when finding out the best residential space to build your house requires a little more effort. You might have to do a little bit more research, and you will have to visit physically as well to both of the places and see which spot is the best one for you. Most people are afraid to live in defense because Defence is far away from the central city area. However, it is still peaceful and safe to stay.

Price variation

The price of both Bahria Town and Defence housing authority varies. However, keeping in mind that the property prices are still rising every day and for the posh areas has been increasing every second. Bahria Town and Defence housing authority both have a significant construction unit, and they are also known because of their great potential for more construction. However, we can say that Bahria town is comparatively more expensive these days because it is a new project and people are more interested in getting their houses in Bahria Town.

In comparison to the Defence housing authority is an ancient project and has been expanding over time. Still, you need to keep in mind that the construction is comparatively slow in the Defence area, and the prices are relatively lesser. But Bahria Town Karachi has more Rapid construction potential and a more excellent price range as well.

What do people think about the Defence housing authority and Bahria Town Karachi? 

Bahria Town might be facing a few image issues when it comes to the current situation. People have been taking a back step when it comes to getting a residential property in Bahria Town. And the reason behind that is the court cases and other issues. Rumour has it that Bahria Town might end up closing the project, and that is making most of the people very anxious. People have their life savings invested in these properties, and the new potential customers do not want to get involved in a project that has so many e issues. Therefore, in recent times, there is a decline in property sales in Bahria Town because of the fear of losing money. People are very Peculiar when it comes to residential areas. They do not want to waste the money that they have earned very hard over these lousy projects. No doubt the Bahria town is a posh location and a perfect project to live in, but it is still risky.

The Defence housing authority, on the contrary, is in business for a very long time. There are houses constructed for over decades, and people are living there. There is a concept that the Defence housing authority is a lot better project in terms of investment. One does not have to worry about their investments when getting a plot or a property in Defence housing authority. It is a trustworthy source for which people find it more credible to invest their life long investments. This is why people are more inclined towards the Defence housing authority to get their plots and start living in this posh lifestyle.

Issues

DHA

When we talk about the issue, the first and very important issue is that different authorities do not have the water supply. The people there are all alone, left at the mercy of the tanker Mafia. This is the reason why people do not want to get their property in Defence housing authority. The tanker Mafia can leave you without water for many days, and infrastructure is not good as well. There are a few minor issues that you will face when you are living in the Defence housing authority, except for the more significant problem of water supply. Moreover, there is another issue of this commercial area that it is very close to the sea, which is the reason that most houses were flooded during the recent rain and monsoon season.

Bahria town

However, when we talk about Bahria Town, we can say that it has a better infrastructure, but people have to pay a lot of money to get and be a part of Bahria Town. Moreover, the setback is the court cases that live people with a lot of thoughts and anxious feelings.

All in all, the construction and infrastructure are perfect when we talk about the village and the Bungalows in Bahria town. Moreover, there is one other issue: the massive amount of installment fees and the taxes and other charges when you purchase the property in Bahria Town.

Conclusion 

In the end, it is your choice where do you want to live. However, when you are planning to purchase a residential property in Karachi, you must visit both of these places physically to ensure which place is better and which is the best option. You must find a place with all the amenities of life, and you do not have to go a long way to get the necessary amenities and groceries. Also, make sure that you have set your budget before you finally purchase a residential area. Without the budget, you might not be able to figure out which option is the best. When you have a particular budget, it becomes a lot easier for you to determine the best option.

Moreover, if you are not planning to invest a massive amount of money, then the Defence housing authority is still a better option. However, you will always have to face the issues of water supply. But in my opinion, the Defence housing authority is still a credible source where you do not have to worry about the project shutting down.

Bahria Town or DHA Karachi, which one is a better option?

When you talk about the luxury locations with your residential projects, then two significant names come to your mind. One is the Bahria town, and the other one is DHA Karachi. Dha is present in the outskirts of Karachi, and it is known to be the posh location of Karachi. However, Bahria Town is the

Is it worth purchasing a property in DHA?

DHA or Defense Housing Authority is known to be the poshest place in Pakistan. These housing schemes may be advanced, and there will always be something that tries to top DHA’s name, but the luxury that the Pakistani people hear when it comes to hearing DHA can never be topped. No matter how much any developer tries, this housing authority can not be topped.

About DHA

DHA has some of the most expensive plots in Pakistan, and they are always known to remain or double in the amount in a few coming years.

Relating to the housing authority in major cities, they have gone up to 8 phases, and every phase has properties that only increase in what the demand of the plot is. And with the high rise in buying power and the people wanting luxury and comfort, they are willing to pay the price for utmost luxury and eventually go as far as building a house with all their life savings.

But is it worth buying a house in DHA? Is it worth putting everything on the line and more to get a 250-yard house, which you may or may not have the money to build a whole on?

Well, to get in the good grace of the world, be sure you’re doing something which makes you happy; if buying a house in DHA makes you happy, and it does make you feel like you’re living a much better life, then so be it, you should opt to buy a property in DHA.

Advantages

Worth it

There are specific pros to buying a property in DHA; the commercial area is very expensive. Most people are known to rent it out when it comes to easy money on the side, even though such renting deals relies on the type of money the business rakes in.

If you’re considering buying a property to build a business and it requires a large space for operation, I would suggest you opt for something much cheaper. But if you’re trying to invest in property to sell a food business or something that directly involves the customer walking in, then buying a property and investing in it for such a place will always be worth it. DHA will always bring in a much posher crowd, and if you’re a restaurant owner, it will definitely bring in some foodies and maybe even make some loyal customers if you’re serving good food and giving them a good time.

Bring out peace

DHA adds to the ambiance a place wants to present. This community has very clean streets and always has been gifted with wide roads that never really cause many traffic jams, so you’re sure to get to your destination on time every time. The clean streets just bring out peace, and when there are no traffic jams, people tend to be much calmer, and you won’t have to be annoyed all the time because of the loud noises and car honks outside your door.

Long-term investment

Investing in DHA properties is a long-term investment, and you can always turn to properly for money at any given time, and you’ll undoubtedly gain a profit every time. They only increase in the amount which is initially invested, and if you’re renting your property out, you will always have the upper hand in demanding what you want for your property. There are restaurant owners and offices which need spaces and are willing to pay hefty sums of money, even for smaller areas.

Safe

When it comes to security, DHA does present itself as some of the safest places in the country. Armed guards protect them, and there aren’t many people who may feel the need to loot people on the streets for extra cash. If you can afford to live in a place like DHA, you’re probably someone who has a fair amount in your name.

Posh

DHA may seem like a distant place from the main city center, especially considering the higher phases, which go farther away from areas that may not be as equally posh. But since the community has excellent sized roads and they do not have a lot of traffic, it does lead to the residents having constant and quick access at all times. So there are high chances of you having a smooth ride to work and back with much ease.

Disadvantages

But certainly, everything which has its perks is bound to have its downfalls. No place in the country will be safe from things that are bound to happen. Often, since the community has wide roads, many people tend to over speed, and there can be a severe threat to the people around who would rather drive slow and don’t like over-speeding. This type of rash driving from outsiders can potentially cause accidents, and it’s a hassle to get your cat out of your house if you live on the main road or want to purchase a property on the main road.

A lot of money needed

If you’re considering buying a commercial plot, you will need a lot of money to invest in such ideas. You can not only buy a commercial property for a small amount of money. Especially if you’re considering purchasing a plot in places such as Phase 8 or Phase 6, you will need a considerable sum of money to invest; the property’s after-effects are also not cheap.

You will need to pay taxes for almost everything. There is no way you can live cheap in such a community. There are individual taxes that only the residents of Defense have to pay, and the rest of the city may not have to abide by these taxes and can slip free of such burdens very easily.

The city taxes the resident and property owners for security, which can not guarantee a safe environment.

Set rules

DHA has a set of specific rules that the resident is supposed to follow, and the community expects you to follow the rules set out at all times. There are rules which forbid you from doing certain things that may only involve your family, but to go ahead with such procedures, you will need to ask the community office, and if they disapprove of your plans, you will not be allowed to go through with them.

And certain things need permission from the head offices of the community, and there are specific ways in which certain procedures need to be followed, or strict action is taken against the resident or property owner.

Smells awful

There are some things which you just can’t run away from, and in places such as Karachi, where the sea is close to the community, you can in no way run away from the stench which fills the air. In the winter, it’s not only cold, but it smells awful. The sea naturally smells like fish, considering the pollution and the environment in which the ocean is present. When those smells are combined with the strong sea winds, they make a lethal combination where the air flows directly into your homes, and it is constant agony.

No water supply

Water is genuinely essential to any being, but it is a bizarre factor. Still, there are no proper ways of providing DHA residents with an appropriate supply of water. You will always be stuck with the water tanks, and they are not the best options if you live on a budget. This is strictly talking about the Defense Housing Authority, which is in Karachi. The rest of the Defense Housing Authority has a good source of water supply, but even in places such as Lahore, there aren’t many sites that have a constant supply of gas, and DHA is certainly no exception. There was also an instance where the street of DHA we’re flooded due to the gutter system’s mismanagement. Some houses were flooded, and some people had to go through the inconvenience of not being able to come out of their homes due to the massive flooding for collective days at a time.

And buying a property in DHA is certainly not easy either. Many documents need to be signed off and submitted to authorities to ensure your property transfer is done correctly and are no loose ends to tie.

You can certainly go for a high end living such as DHA. It may have its given disadvantages, but you can never think of a more posh and refined place in the living standard than DHA. People from all over the country try and get to a point in life where they can afford to live in the area. This all comes down to how much money you have to afford such a living.

Is it worth purchasing a property in DHA?

DHA or Defense Housing Authority is known to be the poshest place in Pakistan. These housing schemes may be advanced, and there will always be something that tries to top DHA’s name, but the luxury that the Pakistani people hear when it comes to hearing DHA can never be topped. No matter how much any

Various Construction Equipment Types Used in Pakistan

The construction industry in Pakistan is quite vast. Although Pakistan’s economy is downhill, the construction industry still contributes significantly to the GDP. As per the estimations, the sector contributes 40-60% in gross fixed capital formation. Since the start of the China-Pakistan Economic Corridor (CPEC), this industry has given a boost that was so ever necessary. There are now more investments and projects in the main cities but small cities like Gujranwala, Faisalabad, etc. Not to mention how Gwadar is in the process of being transformed into a completely new city now.

Construction at big scales such as these requires heavy-duty equipment. Only heavy-duty equipment along with their small counterparts can build whole new cities and societies. Here, below are mentioned some of the most influential heavy equipment currently used in the construction area of Pakistan. It is exciting and equally important to know what goes in there to make your country beautiful (or disastrous?)

Boom Lift

It is found in both small and big constructions. This helps the workers reach places where they can’t reach on their own. The machine has a platform where one to two people can easily fit. That platform is lifted from the ground to reach a height. To make this machine portable, it has wheels or a continuous band or treads. The platform can be raised by a hydraulic system installed in it. A boom lift has two further types of lift, a Telescopic boom lift and an Articulated boom lift. The telescopic boom lift is needed when more horizontal reach is to be attained. While articulated boom lift is more complex and extends plus bends more than telescopic boom lift. Articulate can reach parts and heights which telescopic cannot.

Forklift

Here is another member of the lifter family. A forklift is seen on construction sites, and wherever small or medium range lifting is required. It is a pretty common sight in warehouses and other storages. This is because it is very easy to use and is relatively smooth than other lifts. The forklift can move both ways, vertically and horizontally. An operator can operate it through a dashboard and steering wheel. On construction sites, it is used for loading and unloading heavy items like cement and grit sacs. Forklifts also have certain types that are specified for different uses. For example, some can reach incredibly high heights, while others are limited to a small height.

Telehandlers

This is quite similar yet different from a forklift. The machine has the exact function of a forklift, but you will find it only on massive construction sites. The telehandlers can reach a very high height, which is not the feature of a forklift. Telehandlers has an arm which can extend to reach different height. The most different feature of a forklift is, it has big tires. These big tires can easily take the machine to off-road locations too. Operating a telehandler is not tricky. It has steering and dashboard through which one can drive as well as operate the arm.

Bulldozer

Bulldozers are a must NEED for any construction site. It is not possible to carry out a big scale construction or even small-scale destruction without a bulldozer. They have several uses depending upon where and how they are used. It has a metal plate at the front on its arm. This metal plate is curved to carry out the work. The plate is quite strong and durable. This is why it can be easily used to push, condense, or even carry the soil or any loose substance but considerable quantity substance on site. It is also used to break walls or significant reliable parts on the site. Bulldozer is also used to separate compact materials.

Skid Steer Loader

It is a small vehicle but is used to do big tasks. The machine is engine-powered and has a cabin in between from where the operator operates the machine. At the front, there is an arm available on which multiple tools can be attached. It can be said that skid steer loader is multipurpose heavy construction equipment. It’s small so that it can fit places where bigger machinery is impossible to reach. Despite being small, the tires are prominent for off-road use. The plus point of this machine is differential steering. There is no difficult task for a skid steer loader to get onto unusual sites and be stable.

Excavator

Excavator is one of the giant machineries that you might have seen on construction sites. These are found mainly at the start of any construction. The machine has two purposes, to crush and to dig. These are the two foremost tasks to begin any construction. It has a big broom at the front. The broom is controlled through a hydraulic system. At the end of the broom, the arm has a metal shovel. The shovel has sharp prongs at the end for efficient digging. An operator at the cabin controls the arm and shovel. The cabin is over the continuous metal treads. The cabin can also rotate for the operator to have a better view and, most importantly, the arm to reach all sides.

Articulated Hauler

Now can any construction work be carried out without loading and off-loading of loose materials like sand? Of course not. This is where the articulated hauler comes in. It is very much like a normal truck and operated as such. The only thing different here is the pivot joint. Because of this joint, the truck can carry hefty loads even on sharp turns. It makes it suitable for most of the construction sites. The back of the truck has a material pail. In this pail, any material, usually the loose one, is transported. They work as a four-wheeler drive so that reaching different areas is easy and not complicated.

Carry Deck Crane

This, as the name suggests, is a crane. But it isn’t the giant-sized crane. Carry deck is a small mobile crane. This makes the crane easy to transport and fits spaces usually not reachable. It can be used in both small and large-scale construction works. On the platform over wheels, there’s a cabin for the operator. There’s another platform over which the crane is attached. This platform can move 360-degrees. The crane is a four-wheeler. It can reach the right height but not like those big cranes. Usually, it is also used to lift heavy materials, even on a site where there’s no construction.

Concrete Mixture

Like bulldozers, you must have scene concrete mixture trucks on construction sites too. They can even be seen in traffics where the there round ball is rotating with the cement inside. For small constructions, concrete is mixed with a small portable machine, but it is not feasible when something big to build from scratch. For this, either the concrete mixture trucks are used or towers depending upon the requirement of construction. A truck is considered to be very easy to use. Dry materials and water are added to the drum on the truck, and the material is mixed during transportation to the construction site. There is a spiral blade inside the drum which rotates and mixes the material.

Tower Cranes

This is the crane that is used for significant construction sites. It can usually be found in building constructions. Since constructions like building construction can take months or years, the tower crane is just placed in one construction site. Tower cranes can reach extreme heights. The height of the tower crane can and should extend the building or construction being done. Other than that, the tower crane is also a standard tool in marines. There it is used for the unloading and loading of boating goods. It has a tall vertical structure with a horizontal boom. The boom can rotate a full 360 degrees.

Pile Driving Equipment

This is a device or tool used in construction to provide strength and support or strength to buildings. The machine drives piles into the soil to add stability. It has a vertical drive with a weight between the drive to slide. The pile is placed where needed, and weight is made to reach the height point as per the machine. Weight is lifted with the help of different systems such as diesel, hydraulic, or steam. Once the weight reaches its height, it is dropped on the pile, settling in the ground.

Scissor Lift

The last heavy equipment is a part of the lift family. This is comparatively a small lift used for the workers and equipment both. It extends in a vertical direction. The scissor lift is used in a place of a ladder. It can complete the work more efficiently, safely, and timely than a ladder.

Conclusion 

The mentioned heavy equipment is one can find on any construction site in Pakistan. Not all of these need to be seen together, but there sure will be some of them. To complete a construction here in Pakistan without any one of these is almost impossible. This heavy equipment is the reason we have building taller than we could imagine once.

Various Construction Equipment Types Used in Pakistan

The construction industry in Pakistan is quite vast. Although Pakistan’s economy is downhill, the construction industry still contributes significantly to the GDP. As per the estimations, the sector contributes 40-60% in gross fixed capital formation. Since the start of the China-Pakistan Economic Corridor (CPEC), this industry has given a boost that was so ever necessary.

Guide to Bacha Khan International Airport

Bacha Khan International Airport (BKIAP) was once called as Peshawar Airport. Let’s talk about history! It is known as the international travel hub and is considered as the fourth busiest airport in Pakistan. Location is way simpler and just about a 10-minute drive from central Peshawar. It was renamed to a Nationalist Political Leader, Bacha Khan. It has become the easiest yet convenient for the people of Peshawar as you can plan any trip domestically or Internationally. The staff there won’t let you wait more because it provides the best service and uncountable flights.

Now there’s one thing you cannot just ignore is that the Airport itself is expanded and has recently being evaluated having the highest percentage of internationally bounded flights. Now stay with us to have a proper guide to Bacha Khan International Airport so that it can provide ease for you and you can get to know more about it.

Basic Opportunities for Passengers

There are several opportunities being provided by the Airport to the passengers you might want to know.

  • Peshawar Airport provides really reliable walkways for both Cargo flights and Passengers.
  • There’s perfect parking for bigger aircraft and for narrow-bodied aircraft as well.
  • A huge runway for about 9,000 feet long and 150 feet wide.
  • It is further connected to Civil Aviation Organization.

Peshawar International Administration

The basic responsibility of their management is to look over both types of flights; Domestic and International as well. It was first inaugurated by the Civil Aviation Authority (CAA). Subsequent responsibilities are:

  • All sorts of activities concerning airline and its operation are being improved and controlled by this department.
  • In terms of air-trafficking, better construction of infrastructure must be provided by them.
  • Lastly, they are professionals in providing affordable prices for air transport.

Probable Connections of Peshawar Airport

The link starts from the neighborhoods, basically from DHA and Hayatabad. Now it connects major cities like Peshawar Ring Road as well as Grand Trunk Road. Furthermore, it is linked with the regions of Northern Bypass, Charsadda, and Dora Road respectively.

Let’s make headway to have further know-how about the typical area that are connected through BKIAP.

  • Gulberg
  • University Town
  • Riaz Shaheed Colony
  • Hassan Ghari

Not just these areas but also the nearby residential areas are included.

What is the Best Possible way to Reach the Airport?

This Airport is situated in Hayatabad, moreover, the major benefit you can possibly get is the nearby connections which means that it has become easier from any core of the city. Now with all these benefits you are provided with the shuttle service given by Daewoo or solely use public transportation to reach through. As the city is entirely amazing so there’s no way near difficulty is possible.

Important Facilities Provided by BKIAP

Apparently, the services are provided by the Airport staff and faculty has its importance. You can get almost every service instantly if needed. Following are some basic ones and you must be aware to have a perfect know-how:

  • All kinds of services related to Medical and Emergency
  • Proper protocol
  • Senior citizens are more prone to get special care
  • Porter’s services are also included.
  • Proper and reliable service is available for baggage and trolleys
  • Mart is available for food and other services
  • Prayer rooms for Muslims
  • Restrooms with fastest internet service
  • Shuttle Services provided either way

Functional Airlines

There are plenty of functional airlines set off through Peshawar Airport that must be known including International and Domestic as well. Subsequent are the main ones:

Air blue, Gulf Air, Qatar Airways, Emirates, Pakistan International Airlines, Saudi Arabian Airlines, Shaheen Airline, Etihad Airways, Air Indus, and Air Arabia.

Conclusion:

Here we conclude with everything related to your knowledge so that you can get a proper idea if you ever get to visit Bacha Khan International Airport Pakistan. You only must go through the details and the facilities it is providing for better passenger service. Even though it has become more convenient for the people of Peshawar mainly as it is considered as the fourth busiest airport across Pakistan. For further queries and details, don’t hesitate to reach out to our website, and also you can directly contact us to know more.

Guide to Bacha Khan International Airport

Bacha Khan International Airport (BKIAP) was once called as Peshawar Airport. Let’s talk about history! It is known as the international travel hub and is considered as the fourth busiest airport in Pakistan. Location is way simpler and just about a 10-minute drive from central Peshawar. It was renamed to a Nationalist Political Leader, Bacha

Advantages and Disadvantages of Buying a House with Swimming Pool

Doesn’t it sound mesmerizing already to have a pool in your house? Yes, it probably is!

In terms of having a pool in one’s house would change the entire look of it. Firstly, adds attractiveness and secondly, doubles the value of the house. Nevertheless, we will be discussing both, whether you opt for a house with a pool or solely install it as per your choice.

Well, If you admire the beauty while adding something exquisite inside, you are supposed to put in a Swimming pool. However, you must be aware of its pros and cons whenever likely to choose any one of those options right? Put your worries aside as you have our back always. Stay on this blog to clarify all the queries you’ve right inside your mind.

ADVANTAGES

Plenty of benefits is what we wish for and few of them are to be discussed, shall we move forward? Yes of course we should get going, so here you go!

  • Provides amusing environment
  • Adds value to the home
  • Source of entertainment
  • Less expensive
  • Soul Pleasing
  • Gives off Aesthetic look

Provides Amusing Environment

Although, there’s nothing fresh than having a pool in your house. If you are fun-loving then this is where you get to enjoy or solely throw the party or even celebrate any sort of event. The nourishing atmosphere is mandatory to freshen up mood swings so does it basically meant to give. However, get yourself one in order to create an astonishing environment throughout.

Adds Value to the Home

The value of home automatically increases just by having a beautiful pool in the house. Apparently, it gives off exquisite vibes and if you keep it clean, it’d turn out to be more attractive. Secondly, purchasers are more prone to be captivated when it comes to selling and purposes.

Source of Entertainment

Though as a matter of fact, swimming is considered as a source of entertainment. Therefore, you are required to buy a house having a pool in it or solely install it to get a kick out of frustrations. The major benefit is that pool parties are not only meant to enjoy in summer but winter also, depending upon how one manages to present.

Less Expensive

Installation depends upon the type you are willing to have. Now, the time has changed, and installing becomes affordable yet reliable. There are two proper ways; above-ground and on-ground. Do you want it done within expenses? If yes, then you’re all set to install the above-ground pool as on-ground pools are highly expensive. But at the same time, the in-ground pool is of great significance and adds more value to the home. So, choose wisely!

Soul Pleasing

Swimming is a good exercise, not only exercise but you can please your soul just by sitting there or read books. It is not always mandatory to swim in it, also cooling off a person’s tiredness and mood swings is what it is likely to do. As water itself is a calming substance, therefore, you can sit back and easily generate the fun out and about.

Gives off Aesthetic Look

You can barely decorate that specific area with fairy lights so that it can give off Aesthetic vibes at night and in the morning as well. Some people do install a swimming pool just to provide a look at their yard, they don’t swim in it as it is not easy to change the water every day. Moreover, this is the most perfect thing for leisure time.

DISADVANTAGES

Following are some of the cons you must be fully aware of before installing one:

  • Decrease the value of Market
  • Maintenance Budget
  • A full Responsibility
  • Potential Hazard
  • Loss of Backyard Space

Decrease the Value of Market

Apparently, not everybody wants a pool in their house due to the expenses and the second most important thing is the safety; of you have pets or kids then the idea of pool is no way near admirable. Furthermore, it can decrease the value of the market as having a pool is less common and require maintenance plus cleaning it becomes mandatory.

Maintenance Budget

You might like the pool but you will definitely not like the cost of having a pool in your house. Especially if you’re tight on your budget plan, having a pool on your property seems like not such a great idea. As the cost of maintenance of the pool is not just limited to its installation. We admit that pools do give a soothing calming effect to the decorum of the house. But what’s the use of it when you will be needing calm because of the pool.  The maintenance budget that comes along with the installation of a pool within the house sometimes becomes a heavy job to the pocket. Well obviously! this is a swimming pool that we are talking about not a mug full of water.

A full Responsibility

The pool you usually see in pictures or in the movies or in various kinds of magazines looks Serene and majestic. The key to that is the high amount of attention paid by the landlords in keeping the pool well maintained. This is not a child’s play but a full grown-up Responsibility. The pool needs to be properly cleaned on a daily basis. It requires to be treated with some special sanitary chemicals that prevent various microorganisms such as bacteria and algae from growing inside or on the surface of the water. There’s the option of hiring someone and ket they do the cool chores but you would be paying them a handsome amount of monthly fee. This cleaning step is so much important that it can never be eliminated and all the parties must spend their time and attention on taking care of the pool.

Potential Hazard

Swimming pools are no doubt pretty but what you should know is that actually, these are pretty dangerous potential hazards. With all the responsibility, also comes great danger. In case if the pools are not kept properly clean, a number of different types of germs and Bacteria would accumulate the waters. Not online those but the algae will also start to grow in the dirty stagnant water. Doesn’t matter how much amount of chlorine you use to keep the waters clean, you’ll have to change the pool water by emptying the pool once a day. Besides that, if you have small children in your family, then it would be best for you to opt against the swimming pool. As you never want to risk your toddlers’ life just in case. The pool not only threatens the lives of children but it could be anyone. Irrespective of the fact that you can swim or not, drawing into the pool would be not a very nice way to say goodbye to the world.

Loss Of Backyard Space

Having a swimming pool might seem like a good idea but you should also take into account the various aspects of having a pool within the house. This also includes the space occupied by the pool. Having a pool in the backyard means no more backyard space which in turn means no space for playing sports. No more backyard treehouse for your children and no more area to hold a little outdoor tea party with your friends. You would not be able to pet animals that you may like or your kids cannot invite their friends over to play in the backyard be there won’t be any free backyard space.

Long story short, a pool can really consume that valuable backyard space that can be used to perform numerous different activities that may be more important to you than having a swimming pool. Contact us for further queries and details.

 

Advantages and Disadvantages of Buying a House with Swimming Pool

Doesn’t it sound mesmerizing already to have a pool in your house? Yes, it probably is! In terms of having a pool in one’s house would change the entire look of it. Firstly, adds attractiveness and secondly, doubles the value of the house. Nevertheless, we will be discussing both, whether you opt for a house

Famous Phases for Buying Property in DHA, Karachi

DHA Karachi is popular among other areas of this city, why? Because it consists of the best and vigorous infrastructure. DHA has always been a center of attention to the purchasers or investors, where all sorts of facilities are available. Consequently, this entire area serves more to large-scale investors, now you must be thinking why right? Oh well, it’s because you are more likely to get a spacious apartment, houses, as well as lands. Furthermore, high-end community, security, clean roads, and even tiny needs right under this community. Defense Housing Authority offers phenomenal yet lucrative residential plots. Why are you here? To buy or invest in residential plots or solely to read the blog? Nevertheless, we entertain both of the readers. In terms of getting further information about how and what to do so then you’re in the right place. Now, without further procrastination, we are supposed to get into our main objective.

Let’s dive in with us to get it started!

Why DHA?

If you are a karachite then there’s a huge possibility of knowing that this particular community is divided into 8 phases. Each phase requires uniqueness in terms of its creative infrastructure. Moreover, supplies a composed lifestyle to its residents. If you are really interested in investing or buying then DHA is perfect to be opted for!

According to posh residential plots, 4 out of 8 phases will be discussed in this blog such that 5, 6, 7, and 8 respectively.

Current Prices for Buying an Apartment

It is mandatory to have casual know-how of existing prices for a property you might want to buy. Therefore, the important things come first! So as the discussion. These prices are not fixed as the real estate market remains at a seesaw. But we are going to discuss the current circumstances.

Single Bedroom Apartment

In DHA, a single bedroom consisting apartment always lie under high prices. Therefore, PKR 1.8 crore is the average or mean price if you opt for this purpose.

2-Bedroom Apartment

You can solely get an apartment consisting of 2 bedrooms in PKR 1 crore, which means less costly than a single bedroom flat.

3-Bedroom Apartment

Apparently, an apartment having 3 bedrooms is more prone to be costly than the two we’ve discussed earlier. So, the current price for buying this Apartment is PKR 2.3 Crore.

Prices for Investing or Buying 120, 250, 500, and 1000 sq yd Plots and Houses

As investing and buying are entirely two different things so as prices. Hence, better know the difference in prices for a better experience. We are going to manifest the prices for both accordingly.

120-130 sq yd

  • The average price for investing in a 120-130 sq yd plot ranges from PKR 2.5 Crore.
  • If you want to purchase a house of 120-130 sq yd then you must be aware of the average price, which is PKR 4.2 Crore.

240-250 sq yd

  • An average investing price for 240-250 sq yd plot is PKR 5.1 Crore. Without uncertainty, the best option for mid-scale investors.
  • But if you opt for purchasing the same sq yd House then the price would be less than that. The mean price for that specific house is 4.8 crore.

490-500 sq yd

  • An average price for Investment and purposes in a 490-500 sq ft plot revolves around PKR 5.9 crore. Large-scale investors probably choose this option.
  • But when you opt for buying the house at the same sq yd then the average price is around PKR 10. 5 crore.

990-1000 sq yd

  • Well, these plots are huge so as the prices if you want to invest anyway. The mean price for 990-1000 sq yd is PKR 10.7 crore.
  • Though houses are exceptionally expensive in terms of spacious property, hence, the average price is more likely to revolve around PKR 17.6 crore.

Prices According to Distinct Phases of DHA

The specific phases will be discussed such that 5, 6, 7, 7 extension, and 8 accordingly. Meanwhile, the properties pertaining to the extent of the most reliable developments under these respective phases.

DHA Phase V

In Defence Housing Authority, phase V comes under very well-developed areas. Moreover, certain locations lie under this intellectually designed infrastructure such as Clifton, Gizri, and Clifton Beach as well. Despite these specific locations, this phase also has a very famous Zamzama, Khayaban-e-Bahria, boulevard, Khayaban-e-shujaat, etc. The total area of DHA Karachi is expanded over 8,796 acres. You can come by both commercial and residential plots. Moreover, you’ll be provided with all the required necessities here.

Average Prices of Plots, Houses, and Apartments in DHA Phase 5

Here we move ahead to know the prices for Investing and Purchasing purposes like what type of properties we should be buying or investing in.

Single Bedroom Apartment

The average or mean price for a single bedroom apartment in DHA Phase V is PKR 45 lakh.

2-Bedroom Apartment

You can easily find a 2-bedroom apartment in Khayaban-e-Bahria in PKR 84 Lakh. Convenience is what it offers for the residents.

3-Bedroom Apartment

Tauheed and Badar commercials are offering 3-Bedroom apartment in this phase for PKR 1.8 crore along with the nearby necessities you need in daily life.

240-250 sq yd Houses

In Phase V, you can buy a 240-250 sq yd house at a price of around PKR 5.2 crore.

490-500 sq yd Plots and Houses

As the location of these plots is situated in the center of phase 5 where the famous roads are connected, so the average price for 490-500 sq yd plots is PKR 7.3 crore.

Meanwhile, a house of the same sq yd requires an average price of PKR 10 crore.

990-1000 sq yd Plots and Houses

Minimally the asking price of 990-1000 sq yd starts from PKR 13.4 crore. The demand is quite high as phase 5 is well-developed among DHA.

While the price for a house of the same sq yd is around PKR 14.8-15 crore. You can easily invest or buy because missing such sort of opportunities wouldn’t work in one’s favor hereafter.

DHA Phase 6

This phase is one of the established among other phases. Not only you get benefitted residentially but high alert security as well. Retired armed officers and those who are serving right now are also the residents here. As all the eight phases of DHA Karachi have been spread over 8,796 acres of the entire land.

Along with a provision of basic requirements to the lavishing lifestyle, DHA Phase VI is all set to provide you with a single amenity. Now, what’s more for a purchaser or buyer? Well, there are plenty of residential as well as commercial pilots that are on sale.

Average Prices of Plots, Houses, and Apartments in DHA Phase 6

So probably, you might want to know about the prices, right? So here you go!

Single Bedroom Apartment

You can get a single bedroom apartment in Phase 6 for an average price of PKR 64-70 lakh. This

2-Bedroom Apartment

If you want a small space for your family then 2-Bedroom Apartment is going to work here. So, you can get it at a price of around PKR 1 Crore in Phase 6.

3-Bedroom Apartment

You might be perfectly aware of the fact that DHA housing is different from others and provide a big space with big rooms. Therefore, if you opt for buying a 3-bedroom Apartment in this phase then you would get it at an average price of PKR 1.6 Crore.

240-250 sq yd Plots and Houses

For buying or investing purposes you may have plots and houses herein. Plots are not available in Phase 6 but houses are. Meanwhile, the mean price for 240-250 sq yd house hovers around PKR 5.1 Crore.

490-500 sq yd Plots and Houses

Plots are worth PKR 7.4 Crore but the price for buying a house worth more than PKR 10 Crore. Better clear the difference between these two so it won’t cost you much.

990-1000 sq yd Plots and Houses

The required area is huge so as the price. Are you seeking a big plot or house? Then DHA Phase 6 is where you would probably get 990-1000 sq yd Plots and Houses.

The mean price for buying a plot revolves around PKR 13.4 Crore. While the house for the same sq yd requires PKR 20 Crore.

DHA Phase 7

Phase VII is one of those phases that provides a unique and modern lifestyle in an old locality even if you buy or invest in plots or houses. Totally depending upon how to get to avail certain opportunities. As this phase is the oldest localities among this area so it directly connects the main Korangi Road which further interconnects other phases of DHA.

Average Prices of Plots, Houses, and Apartments in DHA Phase 7

Let’s make headway to have a proper know-how of prices in this phase:

2-Bedroom Apartment

Due to its premium lifestyle, DHA Phase 7 provides a 2-Bedroom Apartment at an average price of PKR 1 Crore.

120-130 sq yd Plots and Houses

You can probably find more than expectations when it comes to this phase. Depending upon buying or investing purposes, get 120-130 sq yd Plots whose price revolves around PKR 2.2 crore.

Whereas, in terms of purchasing the house of the same sq yd would probably come under a price of around PKR 3.9 Crore.

490-500 sq yd Houses

As you are perfectly aware of the fact that houses of 490-500 require high demand. Therefore, DHA Phase 7 provides you the real meaning of life and offers the best houses in the same square yards. Therefore, you can expect an average price of PKR 9.9 Crore.

DHA Phase 7 Extension

The wide road network is what DHA Phase 7 Extension is famous for that solely provides easy access for the people living in this community. It is further connected with areas such as Sharah-e-Faisal, Clifton, Jinnah Airport, and Korangi. Moreover, all daily necessary amenities are available for residents here.

Average Prices of Plots, Houses, and Apartments in DHA Phase 7 Extension 

Manifesting the mean or average prices in this phase that you might want to consider.

120-130 sq yd Plots and Houses

DHA Phase 7 Extension offers only 12-130 sq yd Plots and Houses. You’ll be paying PKR 2.5 Crore if your option is to buy a plot.

However, the mean price for the same sq yd house starts from PKR 4.1 Crore.

DHA Phase 8

Do you want to know which phase is the newest yet famous in DHA? Oh well! It’s the one we are about to discuss right away. So, phase 8 is considered as one of the popular phrases in Defence that includes all sorts of amenities. Its prime location says a lot about this area, furthermore, you are more likely to entertain yourself as there are plenty of trendy restaurants in Phase 8. Mandatory facilities consist of top-notch schools, hospitals, parks, and Shopping malls, etc.

Average Prices of Plots, Houses, and Apartments in DHA Phase 8

Let’s move ahead to know what exactly it offers to purchasers and investors.

Single Bedroom Apartment

A single bedroom flat costs more when it comes to phase 8 because of premium lifestyle and popularity. Consequently, you can purchase it at a mean price of PKR 2.8 Crore.

3-Bedroom Apartment

Whenever you opt for 3-Bedroom Apartment In Phase 8, you would probably buy it at an average price of PKR 5.2 Crore. High prices are only due to the newest yet lavishing lifestyle.

120-130 sq yd Plots and Houses

In a world of real estate, DHA Phase 8 has more to deliver to its citizens. Whether investing or purchasing, you can be provided by a heap of benefits. Let’s move to the point!

If you anywise want to buy a plot, then the fair price would stand in between PKR 2-3 Crore.

On the contrary, the price for a 120-130 sq yd house would be PKR 4.7 Crore.

490-500 sq yd Plots

You can effortlessly find a way better plot of 490-500 sq yd in just PKR 5.5 Crore. Counting on how much one could probably be able to invest or buy.

990-1000 sq yd Plots and Houses

Already worried to purchase a big house for your family solely based on modernization? Consider yourself in the right place. DHA phase 8 always offers out of the box. If you want to buy a plot then there’s a high possibility to save money. However, you can purchase a 990-1000 sq yd plot for an average price of PKR 9.7 Crore.

Nevertheless, buying a house of the same sq yd requires PKR 21.3 Crore. Well, that is huge but for a huge family, it’s a perfect option that doesn’t exist.

Conclusion:

If you have enough knowledge about the real estate market then it wouldn’t be an issue for you to choose what’s best. But at the same time, if you are not aware of the prices in terms of increase and decrease in the market then this blog will be helpful in all costs. We wrap it up while mentioning the prices in accordance with category, therefore, you can easily get to opt for the best under required circumstances. Moreover, DHA is one of those areas in the world of real estate that comes at the top whenever we talk about perfect lifestyle under high-security with high-end community. Meanwhile, all those above discussions phases would help you choose your category. Go through this blog and do not wait for the right time to come because now is the time. For further queries and details, survey our website or just contact us right away!

Famous Phases for Buying Property in DHA, Karachi

DHA Karachi is popular among other areas of this city, why? Because it consists of the best and vigorous infrastructure. DHA has always been a center of attention to the purchasers or investors, where all sorts of facilities are available. Consequently, this entire area serves more to large-scale investors, now you must be thinking why

Top Rated Areas where Residential Plots are for Sale in Karachi

Isn’t it safe to invest money somewhere for a proper saving purpose? But, we know that people ask for more, more what? Yes, you got it right! BIG PROFITS IN RETURN. Although, investing in the real estate market is considered as the best option doesn’t exist, why? Because some people opt for investing in businesses, those might turn out to be disadvantageous as there’s no such surety to get profits as an outcome, not even the amount you spent. Therefore, despite the uncountable pros of real estate, one biggest benefit is that you can sell it whenever you require a huge amount of money.

Nevertheless, this market has reached its peak since now and the demand is increased to the extent. However, we intend to provide you some best areas across Karachi where you don’t need to think twice, YES! Not even twice so let’s make headway to know the process and prices, everything in just this blog.

Why Karachi?

Karachi is the biggest city of Pakistan and is called the ‘city of lights’ for decades. Being an economical center of the country, it runs businesses worldwide. Not to brag about, but the real estate market in this city has its importance across Pakistan wholly. There are plenty of houses, apartments, plots (residential or commercial), etc are highly available and on sale. So get yours at reasonable prices as these particular areas offer both middle and high-scale investors.

Famous Areas for Investment in Karachi

The following are Considerable areas where you are supposed to be investing; starting from the low-high demanding areas in the hierarchy of top-rated areas.

  • DHA City Karachi
  • DHA Karachi
  • Gadap Town
  • Scheme 33
  • Bahria Town Karachi

DHA City Karachi

DHA City Karachi is one of the unique residential projects that are not only well developed but also has beautiful infrastructure. It manifests the vision of better tomorrow with proper necessities including education, health hospitals, family-friendly environment, and much more. Despite everything, you can get to live a peaceful, comfortable, and secure life.

DHA City Karachi is situated in National Highway between Karachi and Hyderabad. It has spread over a vast land of 20,000 acres. Moreover, there’s been plenty of residential plots that are on sale and the best thing about this area is that it offers both kinds of investors.

If we check the searched history of this area then we come to know that the total ratio is 5.1% of buying residential plots here. The area of authority of DHA City is manifested in the mega plan of investing and purposes. The extracted data include plots in different categories such as square yards ranging from 125, 500, and 1000 as well.

Prices range in DHA City Karachi

Consider this area demanding as the real estate market has its name in the list where you are more likely to invest in residential plots under your requirements. In DHA City, the required prices for a 125 sq yard plot starts from 3 million PKR to 5 million PKR. If you opt for buying a plot of 500 sq yd then the prices start from 6 million PKR to 10.7 million PKR. Lastly, the investors of large scale are more prone to buy plots of 1000 sq yd whose prices start from 9 Million PKR to 20 Million PKR. Buy any of these plots according to your range.

DHA Karachi

Defence Karachi is one of the secured options as this is divided into eight phases and under maximum security. According to the searched record, total buying properties were in the ratio of 7.8%, hence comes forth in the given hierarchy. Large-scale investors would be benefitted as larger investments are directly proportional to larger gains. Therefore, high demanding in terms of area, location, and maximized security.

Meanwhile, DHA Karachi offers three usual plot sizes likewise, 120, 500, and 1000 sq yd respectively. Hundreds of options including all eight phases where residential plots are on sale. Let’s move ahead to get the idea of minimum to maximum costs of these considerable plots.

Price Range in DHA Karachi

Looking for an astounding residential plot as per demand? Then, DHA Karachi is the right place. Opting for 120 sq yd plot would cost around 2 Crore PKR to 4 Crore PKR. The required range for 500 sq yd starts from 3 crores PKR to 10 crores PKR. Now for large-scale investors, there are plots for 1000 sq yd which are ranging from 18.5 crores PKR. So, DHA is wholly for large scale investors as plots there are highly expensive.

Gadap Town

Gadap Town is situated between the border of Balochistan and Sindh. There are plenty of residential plots are there for sale. Moreover, there is a record of a total search ratio of 14.4% since 2019. It means that the residential plots have been bought concerning this ratio. Gadap Town comes fourth in the hierarchy of top-rated areas in Karachi. It is considered as one of the largest towns in the city having a vast land.

Consequently, it provides exceptional opportunities for both mid-scale and large-scale investors. The residential plot size ranges from 120, 240, and 500 sq yd. Now you know in which category you should be investing in. Let’s dive in to know how much these plots cost.

Prices Range in Gadap Town

As it comes to fourth in hierarchy therefore, the demand is high in proportionality. In Gadap Town, the prices for the above-categorized plots sizes are different from one another. Let’s start with the lowest one, such that 120 sq yd ranging from 3 Lakh PKR to 1.25 Crore PKR. Subsequently, the required price for 240 sq yd plot starts from 8 Lakh PKR to 1.6 crores PKR, solely depending upon the location. Now comes a bigger property investment, you got it right! Initiates from 50 Lakh PKR to 3.15 Crore PKR. These kinds of investments are usually for large-scale investors, so get yours within, and you wouldn’t want to miss out on this perfect opportunity.

Scheme 33

Scheme 33 is considered as one of the largest networks of properties in Karachi. It takes third place among the given hierarchy therefore the total search record is high and of 17.6% of total ratio that directs to the maximum investing in residential plots over the past years. You can find plenty of plots in distinct housing societies of this area namely; Meerut Society, lawyers colony, and Gulshan-e-Azeem.

However, there are different prices for each category along with mid and high-scale investments. Considering residential plots for entirely three unfamiliar sizes like 120,240, and 600 sq yard. Therefore, you are supposed to invest in these plots for maximum gains and due to its popularity too.

Price Range in Scheme 33

The required prices are reasonable because of how vast this area is for Investment. Grab yours before its too late! Let’s make headway to know the range of these considerable plots. The price of 120 sq yd is ranging from 5.5 Lakh PKR to 1.8 crores PKR, depending upon the location as we’ve already discussed. Although different societies of this area are still under construction requiring approx 10-20 Lakh, nevertheless, Scheme like Saadi Town requires properties over a crore, and making it enough worth investing. However, the ranging prices of 240 sq yd start from 20 Lakh to 3 Crore. Last but not least, the plots of 600 sq yd starts from crores. As scheme 33 is high in demand so prices can slightly be expensive.

Bahria Town Karachi

Bahria Town comes at the top of the hierarchy, why? As there is a total searched ratio of 21.9%. Why Bahria? Because it provides the lavishing lifestyle in Karachi and has a separate society along with each necessity. However, the market of real estate has increased since then, moreover, it is situated in a vast area under high-security. As it has famous among all the given areas of Karachi so there are maximum chances of maximum investment. Though Bahria is still under construction, residential plots are for sale so avail the opportunity and get yourself one!

Despite the current situation, its place is still there. Therefore, do not refrain from investing in this area. The required sizes of plots in sq yd start from 125, 250, to 500. You might want to know the actual prices so that it can become easier for you to decide likewise.

Price Range in Bahria Town Karachi

You can get a 125 sq yd residential plot at reasonable prices, ranging from 11 Lakh PKR to 1 Crore in Bahria Town. Consequently, the cost of 250 sq yd plot solely depending upon the location and area starts from 14 Lakh PKR to 1.8 Crore PKR. These above plots are for both middles as well as large-scale investors. But lastly, a 500 sq yd plot is basically for large-scale investors, so the starting price is 25 Lakh PKR till 2.95 Crore PKR. Just do not let this option go if you are interested in investing. Meanwhile, Bahria Town needs no introduction.

Here, we wrap it up! Already you’ve been given 5 different yet most popular areas of Karachi. Just go through this blog completely and the prices, of course, to get yourself one done alongwith reasonable prices. This hierarchy can help you throughout your planning and stuff. We’ve manifested all five of them properly to clear every doubt of yours. We are here to help you always so for further queries and detail, do not hesitate to contact us!

Top Rated Areas where Residential Plots are for Sale in Karachi

Isn’t it safe to invest money somewhere for a proper saving purpose? But, we know that people ask for more, more what? Yes, you got it right! BIG PROFITS IN RETURN. Although, investing in the real estate market is considered as the best option doesn’t exist, why? Because some people opt for investing in businesses,

Top Investment Areas in Pakistan Real Estate 2023

Investing money nowhere in the real estate market can make up your mindset of business to an extent. In terms of obtaining profits as an outcome along with beneficial opportunities, consider it the best option that doesn’t exist. In Pakistan, the demand for real estate is phenomenal, why? As it generates the purpose of saving money by investing in lands or plots where you are more prone to gain if the recommended area is demanding plus, perfectly advised by the best real estate agent, so, what are you waiting for? Go and get the property in your desired area!

Pakistan is the world’s 5th most populated country which has exceeded the population of 212.2 million. Hence, the area is 881,913 square kilometers. So due to the extensive requirements of living, there have been built societies where you are allowed to buy or invest in multiple properties.

For investing and purposes, a buyer or investor needs to have know-how regarding the trends of the real estate market. They should be aware of all the required taxes, interests as well and demands of that particular property before proceeding ahead. Two things are more important for an investor’s knowledge; proper research and planning. If you are one of them then consider it the right place you are at because we will suggest some of the best areas for investment across distinct cities in Pakistan. Let’s make headway to know more about it!

Which are the Considerable Cities for Investment?

Who isn’t aware of the three entirely big and famous cities of Pakistan? Well, freshmen do not need to worry about it as we are going to highlight them with their well-known areas. To be more specific, Karachi, Lahore, and Islamabad are those cities where investment would turn out to be profitable because they meet your needs covering all aspects.

Let’s dive in without further delay!

Areas for Investment in Karachi

Karachi is one of the biggest cities in Pakistan and the economic center, highly famous for its lightning all over and well-known as “The city of Lights”. The demand for this city is competitively high in Pakistan’s real estate market. Following are some of the specific areas of Karachi where you might want to invest in societies like:

➢ Gulistan-e-Jauhar
➢ Defence Housing Authority
➢ Scheme 33

Gulistan-e-Jauhar
If you are living in Karachi, you have already known about Gulistan-e-Jauhar and the societies in this area. The land is expanded and holds a large area. You will be given all the opportunities such as:

● Affordability in housing units
● Big investment, big gain
● Perfect infrastructure, middle and large scale investments
● The rich supply of electricity, gas, and water
● Innumerable facilities such as; all kinds of institutions, parks, sports complexes, public transport, and nearby markets.

DHA, Karachi
DHA is one of the safest options in Karachi to invest and is well-known for its highly secured residential across Pakistan. Mostly, the large-scale investors opt for defence as it fulfills all the necessities within a single area, moreover, covers the Seaview and Clifton proximities.

Defence Housing Society is one of the premium societies that meet your needs and provides a lavishing lifestyle along with proper necessities, you will get:

● Multiple phases for both kinds of investors
● Lavishing lifestyle with exquisite infrastructure
● High-demanding property
● Huge profits as per increment in real estate trends
● Best schools, colleges, and universities across Pakistan
● Parks, Hospitals, and commercial markets
● An abundant supply of water, electricity, and gas
● Exceptionally reliable in almost every aspect including religious centers

Scheme 33
This area has its charm whenever it comes to investment. The land is widespread and expands from Gulshan-e-Iqbal covering Gulistan-e-Jauhar to Malir Cant. There are plenty of housing societies in Karachi but this area covers 293 different societies which are specifically divided into 54 sectors. You might want to know why you should opt for scheme 33:
● Exceptionally affordable for both types of investors
● Prices are competitive among
● You can get several opportunities like educational institutions, parks, hospitals, and basic amenities as well.
● Situated nearer the superhighway

Areas for Investment in Lahore

Lahore is the second biggest city after Karachi and is commonly known as “the city of gardens” while being enriched in greenery. Lahore has vacant land and is a really good option for investors due to its affordability. However, the demand for this city is competitively high in the real estate market after Karachi. Let’s move ahead to know about the areas where you should probably be investing:

➢ Raiwand Road
➢ Bahria Town
➢ DHA Lahore

Raiwand Road
One of the reasonable areas to invest is mainly for middle-scale investors. Why wouldn’t someone want peace? Everyone does, therefore, Raiwand Road is known as the most peaceful area in Lahore, away from the city’s hustle and bustle. Reasons why should invest in this particular area:

● The housing scheme is inexpensive
● Multiple opportunities and utilities including affordability
● Modern and premium lifestyle
● All kinds of necessities including institutions, hospitals, residential, parks, etc.

Bahria Town, Lahore
Bahria town is one of the most developed yet lavishing options to invest in Pakistan’s real estate market. From beautiful infrastructure to commercial and residential amenities, Bahria is leading throughout other areas in Lahore as it is known as the epitome of perfection. Highly considerable option for both investors. Let’s dive in to know the reason why Bahria.

● Peaceful living with a perfect housing society
● Private schools, hospitals, and other basic requirements in just a single town
● A beautiful infrastructure that meets the needs of middle-scale as well as large-scale investments

DHA, Lahore
As we have already discussed the Defence Housing Society is the secured option that doesn’t exist in Pakistan. Well-planned in terms of housing societies including commercial and residential areas. You can get everything in a bundle as it is divided into several phases, each phase has uncountable opportunities an investor could ever get.

DHA Lahore offers a premium lifestyle that has all basic features and utilities from educational institutions to hospitals and shopping malls as well. Large-scale investors are more likely to invest in this society as it is expensive.

Areas for Investment in Islamabad

Who doesn’t admire the natural beauty, greenery, and exquisite scenery? Well, Islamabad is known as one of the most beautiful cities in Pakistan. Most importantly, there’s a high chance of maximum gains, moreover, depends on the market rates and values. Let’s move ahead to know which are the best areas to invest in Islamabad.

➢ DHA Islamabad
➢ Bahria Town Islamabad
➢ Gulberg

DHA Islamabad
Islamabad is itself a beauty but defence area has ranked it on the top. If you’re looking for a dreamy lifestyle then opting for DHA Islamabad would help you out. It is situated on the N-5 Highway. Whenever it comes to safety, Defence needs no introduction as security is a priority here. Furthermore, people always seek opportunities and facilities that you could find in a bundle and here you go:

● Maximum security and safety
● Large-scale investors can rush easily
● Appreciable infrastructure
● All sorts of requirements include International schools, markets, parks, etc.

Bahria Town
Bahria Town Islamabad is a prime location for Investment and purposes. The amenities, infrastructure, luxurious lifestyle, and modernistic architecture you can get in a single area. Bahria Town not only means providing you with a perfect lifestyle but also good returns on investments you make. Basic necessities will be given with respect to modernization.

Gulberg
In Islamabad, Gulberg is one of the attractive locations and just started expanding on the expressway of Islamabad fringes. Both kinds of investors can rush into it because it offers different packages you might want to consider. Investors usually seek clean and green places in this city, hence, Gulberg has everything to offer along with amenities, and mandatory needs. Moreover, roads are wide and carpeted with alluring infrastructure.

Here we conclude with the basic information an investor must have a know-how of. The real estate market is more likely to have ups and downs as over the past years we have seen a downfall in this market. Nevertheless, 2023 might be a year of lasting success. Those areas should be kept in consideration for better outcomes. Both middle and large scale investors may get benefitted if they move along with a proper plan. Happy Investing!

Top Investment Areas in Pakistan Real Estate 2023

Investing money nowhere in the real estate market can make up your mindset of business to an extent. In terms of obtaining profits as an outcome along with beneficial opportunities, consider it the best option that doesn’t exist. In Pakistan, the demand for real estate is phenomenal, why? As it generates the purpose of saving

1-Kanal House Construction Cost (A-category)

Do you want to construct a 1-Kanal house but unaware of the cost and procedure? Consider this the right place where all the queries will be answered of yours.

Before proceeding ahead, you must know that the premium societies of Pakistan are among those famous societies where 1-Kanal House is considered one of the grand homes. The outrage will depend upon the good quality materials you are using and moreover, the price of grey structure and after that could be affordable or not. The house can be more prone to fall in A-category as most of the people do not compromise in material, fixtures, and designs as well. However, they are being built under such circumstances.

First things first! Whenever the idea of construction pops up in one’s mind, that individual would probably think about the grey structure first. As construction required two distinct phases; grey structure and finishing phase (after grey structure). We will be discussing both the processes right here in this blog solely to make stuff quite easy for you.

Total Covered Area

Apparently, the part of the debate is the total cost of the 1-Kanal house but before that, you have a know-how of the cost per square foot. Hinging on the double story which is specified to 6,190 sq ft. one story out of two requires 3,225 sq ft. 5 rooms are attached along with bathrooms, 2 living rooms, 1 drawing, and dining room, 2 kitchens, and a lawn is also included.

The price of construction doesn’t include the price of a property, fees of an architecture, map-approval, and meter for electricity, gas, and connection of water. Furthermore, the cost of tube lights, fans, appliances, and switchboards is also excluded.

Let’s dive in to get the idea of each and every material to be used in grey structure and finishing framework.

Approximated Construction Cost of Grey Structure

Grey structure is known as an initial structure that ends after completing half of the house. It is built under the supervision of contractor, also constructed as planned. You might want to know the material used in first half of construction and the cost of material per square foot, we have got you covered.

  • Bricks/Blocks
  • Gravel (Bajri)
  • Sand (Ravi or Chennab)
  • Cement
  • Rebar (Sarya)

Bricks/Blocks

You can opt for any one of them; if you go for bricks then you must be aware of the market rate which is 10,000 PKR for 1000 bricks (10 PKR per brick), So the estimated total for the required bricks for 1-Kanal House would be 125,000 that means (125,000 x 10 = 1,250,000 PKR).

If you opt for block, then the required market rate is 12,500 PKR for 1000 blocks (12.5 PKR per block), the approximation of blocks for building 1-Kanal House is 135,000 that means (135,000 x 12.5 = 1,687,500 PKR)

Total Cost of Bricks = 1,250,000 PKR
Total Cost of Blocks = 1,687,500 PKR

Gravel (Bajri)

The second name for gravel is Bajri, the leftover bricks are crushed into smaller pieces to form Bajri. So, for constructing 1-Kanal House, the expected amount of gravel is 2,200 cubic feet for a double story house to form the beds for floors. The market rate for Margalla Gravel per cubic feet is 70 PKR which means (2,200 x 70 = 154,000 PKR). If you are opting for Margalla gravel then here is the total cost.

Total Cost of Gravel = 154,000 PKR

Sand (Ravi or Chennab)

The rates do change each year depending upon the budget of construction. So, whenever you plan to build a house, there are two kinds of sands required to set up the framework of a house; Sand of Chennab that comes from river Chennab, and Sand of Ravi that comes from the river Ravi. For establishing 1-Kanal House, the total requirement for Ravi sand is 5,250 cubic feet at a pace of 20 PKR which means (5,250 x 20 = 105,000).

Out of both of these sands, Chennab is of good quality and slightly expensive than Ravi sand. So the maximum requirement of this sand is less than that of Ravi, however, 2,100 cubic feet for a 1-Kanal house at a pace of 35 PKR that means (2,100 x 35 = 73,500).

Total Cost of Ravi = 105,000

Total Cost of Chennab = 73,500

Cement

For the construction and purposes at least 1,600 bags of cement are required. Plenty of companies in Pakistan claim that the quality of their product is the best, but for a matter of fact, almost all of them provide the same quality as the rate is slightly the same. Per bag of cement costs 550 PKR that means (1,600 x 550 = 880,000).

Total Cost of Cement = 880,000 PKR

Rebar (Sarya)

Rebar is also known as Sarya which works as a strength in the unit. The requirement is in tons for a 1-Kanal house, and around 9 tons are necessary. The market rate per ton of new Rebar is 150,000 and for the old, 90,000 per ton. It sums up to a total 1,350,000 PKR new Rebar is required for construction and on the other hand, a total of 810,000 PKR old Rebar is the requirement.

Total Cost of New Rebar = 1,350,000 PKR

Total Cost of Old Rebar = 810,000 PKR

Estimated Construction Cost for Finishing Phase

After the completion of the first half of construction (grey structure), the second half begins, let’s call it the finishing phase. This phase consists of installing pipes for sewerage, plumbing, and wiring as well. Anyhow, the pipes are laid through the walls for the wiring of electricity and plumbing. Pipes for sewerage and purposes are laid beneath the floor beds. This phase completes in 2 processes;

  • Piping, Plumbing, wiring, and Pseudo ceiling
  • Paint, Flooring, and Wood work

Piping, Plumbing, and Wiring

If you want to make things easy and long-lasting then piping for plumbing and wiring for electricity should be of good quality. For wiring, PVC (polyvinyl Chloride) pipes are used and plumbing turkplast is used. The pipes for gas connections are different though good material pipes are required in both cases.

Meanwhile, electrical wiring requires an expert’s help because only they would know the criteria for distributing proper electricity throughout, in addition, the wiring used for electricity must be reliable. Two kinds of wire need to be discussed; 3/29 solely for low voltage supply and for high voltage supply, 7/29 is used. The included cost for wiring, labor, sockets, and coils will be given altogether.

The Total cost of Piping = 800,000 PKR

Wiring and Plumbing = 410,000 PKR

Paint, Flooring, and Woodwork

Yes, you are all done with the 80-85% construction and the only thing left is finishing. Before painting, the walls are plastered to fill unusual holes and gaps in between. Painting along with the material and labor as well would cost equally. Flooring begins right after floor beds being laid, now tiles are required for this purpose. Moreover, you can opt for any kind of tiles you want up for the flooring. After flooring comes woodwork which requires readymade doors at least 35 in total for 1-Kanal house and windows, cabinets too, etc.

Cost of Paint = 200,000 PKR – 450,000 PKR

Cost of Labor = 350,000 PKR

Cost of tiles = 1,700,000 PKR – 2,500,000 PKR

Cost of Labor = 96,000 PKR – 288,000 PKR

Cost of woodwork = 110,000 PKR – 115,000 PKR

Conclusion:

Constructing a 1-Kanal house is not going to be the easiest task. It requires a handsome amount of money as well as good material for covering both the phases of construction; grey structure and finishing. For grey structure and purposes, you need bricks/blocks, sand (Ravi or Chennab), gravel (Bajri), cement, and Rebar (Sarya). When you are done with a grey structure, the next step is finishing which requires piping, wiring, plumbing, woodwork, and flooring, etc. you can calculate all the expenses and get the construction done for the 1-Kanal house. For further queries and details, contact us.

1-Kanal House Construction Cost (A-category)

Do you want to construct a 1-Kanal house but unaware of the cost and procedure? Consider this the right place where all the queries will be answered of yours. Before proceeding ahead, you must know that the premium societies of Pakistan are among those famous societies where 1-Kanal House is considered one of the grand

Pros and Cons of Building Your Own Home

Building a house is a very complicated process. It requires energy and enough money as you want perfection in every aspect, whether a lifestyle, location, or neighborhood. You can get everything according to the plans you have made your “dream home” to look like. Eventually, there is a complete process before building one, first of all, you have seen or imagined how your home should look like, right after that go for proper planning. Planning is meant to cover all the costs requiring labor, painting, and almost every possible commodity. Instead, if you opt for purchasing then there’s definitely renovation becomes mandatory.

How costly is it to build your own house in Pakistan?

In Pakistan, it is quite the toughest task and process for purchasing or building a house. As the economy of Pakistan doesn’t allow us to go with the flow, in short as per plan. An increase and decrease in the economy would be an obstacle, so we recommend you to get it done when there’s a downfall in prices. Anyhow the total cost of construction per square foot ranging from 2800 PKR to 4000 PKR these days. Furthermore, it depends on the structure you are willing your house to build upon.

There are certain advantages and disadvantages you might want to put inconsiderate before building your own dream house. Here you go!

Benefits of Building a House

Building a house involves plenty of benefits, here is the reason why you want to opt for constructing your own home despite buying it.

  • Slightly Affordable

Affordability comes first concerning how much you can invest in accordance to the planned budget. However, buying a home requires renovation even if you pay as equal to constructing personally. So it is one of the benefits where you can save money and decorate the way you want your home to be.

  • Exceptionally Customizable

Customizing a home that meet your needs would be advantageous in various purposes. Let us tell you how? Do you want a big kitchen or a garden or you want a big open space? You just plan it and briefly explain the idea to that particular architecture about how you want it to be. Follow your dreams and make your house the way you want. More often there would be chances of renovation in old houses, as you know nothing stays same and especially the appliances are made with some sort of warranty. Better save that money to decorate it luxuriously.

  • Efficient Energy Structure

After affordability and customization, here comes efficiency of energy which means well-organized structure of power or energy state, whenever you opt for building a house. The entire structure would be new, the appliances that provide energy would be fresh and new so there will not be any chances for renovation. It would save you money as well as utility bills. However, you would be able to save even more.

Downsides of Building your Own House

Without uncertainty, there come certain major downfalls if you opt for building a house on your own. The cost might run out of the flow causing it to stimulate the budget out of extent. That is why you are directed to reach out to all the possibilities along with perfect research. You might want to get acknowledged as if how does it generate the downfall.

  • Highly Expensive

The fact is no way near hidden that the prices are costly enough in Pakistan. So, it is understood that the price of purchasing counts low with respect to building a new one. How? Although, the one you are willing to make would be the perfect you have ever come across, moreover, the one that meets your needs. However, it has become quite difficult to mortgage because the rates are interacting with the sky. If you don’t bother to get with plan and research then you are not able to build it under the expected budget. So the call is yours!

  • Neighborhood

New houses are usually built in unorganized or undeveloped communities that means there might be fewer facilities nearby including, smaller sizes of yards, and a closeness to your neighbors. It won’t be present in the countryside so there’s a high chance of confronting mud and dust until and unless you are capable of affording a person yard. The construction around will not stop until it becomes a fully established community. It can last for weeks, months, or even years, so this basically is a downfall.

  • Lack of quality

As a matter of fact, new houses must follow certain building codes, there’s a huge possibility of human error during construction as such, it seems necessary to inquire about the material’s quality as well as how the builder will be using it. Better refrain from focusing on customization before the budget and always look for good quality.

Select the Right Builder

Opting for a right builder is a real game. Obviously, a lot of competitors out there are working so you have plenty of options. However, if you couldn’t judge him right on time then it will be regrettable for the rest of your life. Building a home in this era is already one of the trickiest tasks that have ever existed. So, choose wisely.

Conclusion

Building your own house requires a big amount because you want your desired house to be perfect. When it comes to purchasing a house, the renovation is the only option left. So we would recommend you to go for constructing one for yourself, why? With the help of incredible research and planning, you can make your dream house a reality, moreover, within budget. But if you are not good at it then you are all set to purchase. It makes a difference because there’s plenty of costs is required, not to forget! New things demand more investment. However, build one for yourself and family as it is affordable, customizable, and energy-efficient. At the same time it can turn out to be expensive, solely depends on your capabilities. For further queries and details, contact us!

Pros and Cons of Building Your Own Home

Building a house is a very complicated process. It requires energy and enough money as you want perfection in every aspect, whether a lifestyle, location, or neighborhood. You can get everything according to the plans you have made your “dream home” to look like. Eventually, there is a complete process before building one, first of

How to Choose the Best Real Estate Agent for Purchasing, Renting, and Selling Property

Do you know? It is one of the hardest tasks to find the best real estate agent for your property. Well, yes things can be difficult at first because buying or selling property demands energy and some brains. Moreover, a professional is highly required for this purpose and reach out for more if you didn’t get to understand any, so recruit wisely.

How can you find the right one? Apparently, this question is not as difficult as it seems. As a matter of fact, innumerable professional agents are working out there and dealing with so many people, though in certain circumstances you would not get the best for you. Nevertheless, if you are willing to acquire an expert then enlist some and follow the given instructions.

There are some restrictions you must consider before selecting which can make a difference. However, do not hire as if he is not eligible enough to find you the finest property in the market. In terms of getting the perfect guide and suite property, you must follow some valuable tips and for that staying on this article is mandatory.

Difference between real estate broker, real estate agent and realtor

First things first! You must be aware of this difference, as soon as you have perfect know-how related to the realtor, agent, or broker then you are all set to choose who is going to help hereafter.

A real estate agent is a professional who has taken an exam and got a license solely to purchase or sell out homes on the customer’s behalf. What if he wants to become a broker, he must take an exam for that to get a broker license in order to complete the required education from the specific state. There are certain agents working under a broker. Besides, a realtor is a member of some sort of association, somehow he sets up standards, rules, and regulations. A realtor can be a broker or an agent, but a broker or an agent is not necessarily a realtor. You have all rights to ask if that specific agent is a realtor.

What to Observe in a Real Estate Agent?

Before opting for one, you are supposed to observe some obvious things which should be kept in consideration further, whether you are choosing another. You must be observant as if he is:

1. Reactiveness

The best quality in a realtor is that he should be responsive. As you know that the buying and selling of a house is a really quick process where you should stay prepared. What basic obstacle is more prone to come in the way would be the irresponsibility of an agent. Ask the neighborhood as if you are concerned about your dream house and in case of finalizing the decision, you must be knowledgeable. Eventually, don’t stop yourself while asking dozens of questions from a real estate agent. Check thoroughly if they attend your phone calls, or, Respond to emails. It may sound a little bit childish but for your better future consider it a necessity.

2. Full-time Availability

Usually, you would want to ask questions regarding the property and apparently, you are not genius enough to ask all the questions in a single meeting. So stop the hesitation right there and inquire as much as you want because you are hiring and paying for that purpose.

A realtor is a salesman, but if you’re getting a sleazy vibe, that is the time to walk away. You shouldn’t get under pressure if you’re not comfortable with, push him back if he seems to abandon you.

How to find the best real agent?

Now and then it is not necessary to opt for a top-selling agent, why? Because they are more likely to have a big team along with a vast and spectacular advertising budget. Due to this, the attention might get divided but if you want personal attention then opting for personal real estate agents would be the best choice.

Besides, you can find yourself an agent with less experience. You must have been thinking why right? Well, there’s a lot to be part of the conversation as an inexperienced agent is much more enthusiastic about his work and in seek of getting experience so he tries to provide the best he could. Not necessarily speaking, consider it a tip.

Here is the reason why you should consider before opting the finest agent for you:

1. Enlist number of agents

Are you thinking about how to find the number of agents and enlist them particularly? Well, it is way too easy now. Let us apprise you how? As the Internet and Google are working too fast, that means it showcases all kinds of knowledge related to what you search there. Oh, that’s too simple! Agents from your areas are just one click away, so do not waste your time finding out there where you only get disappointments. Create a list of agents you think would turn out to be engaging then opt for and interview at least three of them.

2. Ask Lots of Questions

If you are done with the list thingy that’s where your first step comes to completion. Now, what next? After enlisting three agents you would want to meet them in person or on call, it depends but face-to-face meeting sounds good. This is going to be that person who will guide you from minor to major problems and benefits. Feel free to appoint a meeting to get everything done in front. Also, refrain from those who do sugar-coatings, better decide by using your brains and ask questions like:

  • Do you do a full-time job in real estate?
  • How much longer have you been licensed?
  • Do you have a team to work? If so, will I be able to work with you or another member of your team?
  • What is the ratio of referrals in your business?
  • How many clients do you deal with at one time?
  • How would you want to communicate?
  • In terms of complaint from a client, how do you handle?
  • What sort of contracts do you offer?

To start the conversation, these questions would help you out loud.

3. Request for the References

Basic information regarding the past experiences of a client is one of the important tasks and ask him each and everything right there. He is supposed to provide you all the information and even the contacts of clients he has worked with, which will benefit and moreover, stressed out. For your satisfaction, call all of the clients and ask for the reviews. These important tips will help you out and about.

CONCLUSION:

A good real estate agent is required in terms of buying, selling, or renting properties. If that particular agent is not eligible enough to meet your needs then firing him would be a better option that doesn’t exist. They may sugar-coat in several circumstances and hide the issues through which you can get trapped. Hire an agent that matches your personality, available full-time, communicate differently, and do not get exasperated when you ask questions. You are solely one good agent away!

How to Choose the Best Real Estate Agent for Purchasing, Renting, and Selling Property

Do you know? It is one of the hardest tasks to find the best real estate agent for your property. Well, yes things can be difficult at first because buying or selling property demands energy and some brains. Moreover, a professional is highly required for this purpose and reach out for more if you didn’t

Residential vs. Commercial Property

Are you confused about buying which of these properties? Then you’re at a right place, so go ahead to remove all the confusions you are struggling with and search for what’s best for you. Talking about the best and more secured opportunity to invest in Pakistan is real estate market which not only provides profitable properties but also helps you to be financially stabled.

There are uncountable options in properties but two have really got an importance out of all those, hence are known as commercial and residential properties. These properties have always been a part of debate since decades. Let’s have a look on both types and what they have more to offer!

What is commercial property?

Commercial properties such as retail shops, Hotels, public necessities, office buildings, warehouses, industrial buildings etcetera. From commercial property, an owner can start a business either owning or renting a space as companies tend to rent the property rather than owning it. The commercial property is known to be considerable investment market as real estate is not the key business so they prefer not to buy but rent. This is way better and productive asset than residential property.

The Benefits of commercial Property

Usually there are so many benefits of owning commercial property because owners of business face different issues regarding either rent or buy their office space. In real estate market, a commercial property can provide the basis for growing businesses. Following are the benefits you should be aware.

  • Favorable Rates
  • Fair Appreciation
  • Reasonable Prices
  • Chances of Cash flow

Favorable Rates:

The mortgage interest rate is the most important cost of buying real estate property. Rates are always in the favor of purchaser as it continues to be low all the time. It is usually one of a difficult task to maintain a spotless financial profile to obtain a challenge, meanwhile, it is better to be prepared with a comprehensive business Idea so that success would become easier for you. So this is one of the basic benefit one could ever come across.

Fair Appreciation:

When you work with equity and justice in your business, it becomes worth profitable so that you can purchase to grow your business better. To manage your business with high versatility, this would help in all the purposes. At the time of retirement, you can also sell your property to another purchaser as it gives so many options in the time of your needs.

Reasonable Prices

For dental practices, commercial properties are less expensive than before, same goes for industrial, and office spaces. It costs less to buy a property than to rent it, during the time of real estate downfall, the value of property decreased and the rates were high. But now is the time to purchase or rent a commercial property as the prices are low enough to meet your financial status.

Chances of cash flow:

Cash flow is what we actually wish for, whenever investing in a business. So if you buy a commercial property that contains a space for residents then you definitely have further options for cash flow through a rental income too.

What is Residential property?

Apparently, Residential properties are those which includes properties other than commercial real estate, such as apartments, single-family houses, and townhouses etcetera. Now it depends on property owner whether to rent it or live in it. Renting means to enjoy extra income so this is why families prefer to rent residential properties in case of fruitful outcomes. It is definitely not beneficial for those who lives in someone’s house as this place is considered as a primary residence for them. Now your wait is over, you are all knowledgeable enough now where to invest or what to purchase in both the properties.

Benefits of Residential Property

Residential properties involves plenty of benefits for the people who rent their properties as well as to live in it. Following are some of the advantages you should be aware of:

  • Value dependency
  • Beneficial Investment
  • Rental income
  • Opportunity for unemployed people

Value Dependency:

It is the best way to make money as per increment in properties which means whenever the worth of property increases, you would get benefitted in terms of renting it. In case of purchasing the property, the decrease in value would be fruitful to buy at this time.

Beneficial Investment:

This type of property can let you leverage your investments in a way that if you purchase a house and invest money for the renovation purpose to make it look attractive towards the rentals. The investment you do a single time would become profitable as an outcome.

Rental Income:

In a world full of competition, the income from a job is not enough in this era as it requires other than needs. So renting your real estate residential property will be the best option to get income every month to fulfill all the requirements, also saving that money in future would be a perfect idea.

Opportunity for unemployed People:

Renting property is one of the best options for unemployed people, you just have to invest your saving in a property and rent it to get income every month.

Types of Commercial and Residential Property

There are several types in which four are needed to be discussed

Primary purpose:

The commercial properties come by for business and investment purposes which means people gat shops and office spaces to earn income, monthly. However, residential properties are made for nuclear or joint families. The only purpose is accommodation of residential area.

Opportunities:

This type is purely used for commerce and business, so offices and shops might act as basic business centers for them. Meanwhile, residential property is also about renting and you have an option to sell whenever the right time comes.

Laws and Regulation:

The residential property has different laws and regulations than a commercial property as residential is way more lenient because it focuses on the rights of residents while commercial laws and strict and based on equal rights, so both parties are required to negotiate.

Design and structure:

Residential property always comes up with different design and structure like design of apartments hit different and architecture of house hits different. On the other hand commercial suffers different costs in terms of warehouses, piping and wiring, all costs hit differently.

Residential vs. Commercial Property

Are you confused about buying which of these properties? Then you’re at a right place, so go ahead to remove all the confusions you are struggling with and search for what’s best for you. Talking about the best and more secured opportunity to invest in Pakistan is real estate market which not only provides profitable

Investment in Pakistan’s Real Estate Market

In real estate market, 2019 is considered as a worse year for Pakistan property. As we know that buyers or investors are always seeking for the best time to invest so maybe 2020 is going to be a perfect year for them to invest in market. Though sellers want to know about their properties to be sold out and would look attractive towards the buyers or investors. As you know that this market is beneficial for business purpose, like construction etcetera, so basically 2020 will turn out to be advantageous for suppliers and purchasers as well. Investing in the properties don’t supply shelter for living, anyhow, it looks like a best resource for saving money for one’s future.

What Buyers and Sellers are supposed to do?

As we have already mentioned about 2019 that it has been the worst year for both buyers and sellers. However, sellers are not in good condition as compared to buyers because a seller has only two options, first; they should wait for the price to get high again. Second; sell their property at a low prices to ignore bigger losses. On the other hand, buyers and investors are supposed to get knowledge about the market of earlier 5-10 years. However, 2003-6 and 2013 were the best years for buyers, yet 2007 till 2009 and now 2019 were the worst years.

Recent Trends of Realty Estate Pakistan:

  • Condition of agents:

Due to the fall of real estate market, agents were badly effected and we got to know through current news that about 40-45% of them have already left because of low income. So condition looks worse due to the fact that they have confronted great loss and severe crisis.

  • Capacity of property undertaking:

Recently, transactions found to be lowest as compared to 2015-16. In 2016 transactions and data file transmissions were recorded 180-200 on daily basis in DHA Lahore but in 2019 it turned out to be 10-20. Lower amount of undertaking is directly proportional to low investments in real estate so apparently this equation leads to a price decline. As capacity of property dealings is an exemplary indicator of the conditions of market.

  • Transfer of market to buyers from investors:

Pakistan property has changed to genuine buyers from investors, buyers who now only buy properties to live in. The transfer has now ended and price too have cooled down. But before this, Pakistan property on daily basis used to market shares and stocks.

Valuable areas for investment in 2020:

Are you looking out to invest some handsome amount where you will be benefitted too? Then you should be likely to invest in subsequent areas of Karachi without being remorse at the end of the day.

  • Gulshan e Maymar:

In 2019 this area has changed a lot commercially and has done an uncertain job to make it valuable for investors. However, investors earned a very handsome yield in commercial areas of Gulshan e Maymar against their investments. Although, this area is considered one of the famous areas of Karachi that contains amazing parks with beautiful infrastructure and also is clean as compared to other commercial areas of this city. Anyhow, investing in such areas would be advantageous.

  • Bahria Town Karachi:

Bahria town is known to be one of the biggest developments, Karachi has ever come across, which has given a unique concept of gated residential advancement. This project has given so much to the real estate sector like jobs for construction purpose and much more. This is the only residential society around Pakistan that is deficit free from security and power. After getting huge success from Lahore, it then expanded in Islamabad and Karachi as well. Though, without uncertainty bahria town Karachi becomes even more successful because of having elite lifestyle, safety and vast land. Bahria town has not only made elite class houses and flats for the upper class community, yet, also made Awami Villas for lower and middle class community. But due to certain circumstances in land disputes and non-reimbursement of some properties, regrettably we will not recommend you to invest in 2020 because it is still struggling. So this year, better refrain from investing in bahria except for some blocks.  

  • Defense Housing Authority (DHA) Karachi:

Defense Housing Authority lie under the administration of Pakistan Army and is an another massive success in housing schemes. DHA has expanded in distinct cities of Pakistan such as Lahore, Karachi, Islamabad etcetera and currently it is launched in Gujranwala and Multan as well. DHA come under highly secured areas though it is called an armed area. So investing your amount in here would definitely be beneficial in 2020 as we have already elucidated its features and exquisite infrastructure.

The residential development schemes such that, Bahria Town and DHA are playing cardinal role in the advancement of real estate sector. By the government plans and continuous efforts from such residential would evaluate this sector and it will definitely increase the economy of our country in the upcoming years.

Basic advice for investors in 2020:

This year would be beneficial for the investors, likewise PM Imran Khan has already given permission to invest and no queries such that, where did this money come from or any question regarding your income will be asked. Consider it a plus point because from now onwards you are free to invest. Before buying or selling any property, you survey different categories like apartments, houses, industrial, residential or commercial area and invest wherever or whatever you want but we advise you to look after every possible complication that would refrain you from misleading by the real estate which has no value. It is solely way better to invest in less popular area as prices are going to increase in future as predicted. Try to be real estate investor not a risk-taker, therefore, do not buy illegal properties just for the sake of investing less money because somehow, you are going to fulfil its requirements if caught red-handed.

Investment in Pakistan’s Real Estate Market

In real estate market, 2019 is considered as a worse year for Pakistan property. As we know that buyers or investors are always seeking for the best time to invest so maybe 2020 is going to be a perfect year for them to invest in market. Though sellers want to know about their properties to
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Property Investment in Pakistan

Market insights: Property Investment in Pakistan – Stay Ahead of the Markets

Purchasing a home (whether a house or an apartment) is widely considered a secure and profitable form of investment. And in Pakistan’s case, there is more truth to this statement than meets the eye. A distinctive feature of the country’s real estate sector is that it hits record highs and lows over a relatively short period of a few years. At times of bullish trends in the market, the sector attains unprecedented growth levels of over 10%. In sharp contrast, the realty industry in most other parts of the world follows a more steady growth pattern.

The State Bank of Pakistan (SBP), in its report on ‘The State of Pakistan’s Economy’, recently noted that the combined contribution of the construction and housing sectors “has been consistently higher than nine-percent over the past decade”. The document further mentioned that the real estate industry stimulates activities in other affiliated sectors of the national economy – such as cement, wood, steel, bricks, and cables.

Unprecedented Growth Trends – Leading to High Investment Returns

The central bank also cites data on concurrent market prices in the same report. Since 2011, according to estimates, the prices of plots in Pakistan have nearly tripled, whereas house prices have surged by 139%. Experts identify this market dynamic as having been fuelled by intensive speculation. They say that investors in Pakistan treat real estate as a commodity: property is purchased in bulk, and later sold for higher gains.

Such activities are no longer limited to the mainstream urban centers. Gated communities, for instance, are increasingly gaining traction in the smaller cities, as opposed to their somewhat slower entrenchment in major metropolises like Lahore, Karachi and Islamabad. These large-city locations have almost reached saturation levels concerning their land availability for new projects. A large number of builders and developers have also opted for apartments and mixed-development situated in the suburbs of these cities.

In documenting these trends, local property experts think that increased levels of urbanization and migration have resulted in the development of second-tier city centers. They also see no merit in the perception that the residential and commercial projects in these areas are affected by low consumer demand. Instead, they contend that the residents of smaller cities have a lot of buying power and affluence – owing to a flourishing agrarian economy that works to keep their pockets full.

Exorbitant Profits are ‘in for the taking’

When questioned on why real estate is considered to be the most attractive form of investment in the country, property market gurus refer to it as being a staple mode of securing hard-earned money that yields both short-term and long-term gains. Investors, further, have the option to choose from plots, houses, farmhouses, and apartments; some of the safest kinds of securities on offer.

A good way to sift through these choices (as many locals have learned by now) is to make use of one of the many online platforms that have recently emerged in the country’s web-scape – all targeted at cashing-in on some part of the real estate pie. Some, such as the recently launched feeta.pk, work by providing free access to dynamic property listings (considered ready for the taking). Others are organized more along the lines of a conventional brick ‘n’ mortar real estate brokerage – where you first have to go through a ‘middle man’ to connect with your preferred property option.

Market insights: Property Investment in Pakistan – Stay Ahead of the Markets

Purchasing a home (whether a house or an apartment) is widely considered a secure and profitable form of investment. And in Pakistan’s case, there is more truth to this statement than meets the eye. A distinctive feature of the country’s real estate sector is that it hits record highs and lows over a relatively short
An Expats Guide to Invest in Pakistan Property

An Expats Guide to Invest in Pakistan Property

Expats are those nationalists of a country that works day and night for their country as well as for saving a better future for their children and family. A huge amount of Pakistanis are also working in other countries and send a large amount in the form of remittances to their motherland. Studies show that overseas Pakistanis sends almost 11.8 billion in the form of remittance if the first 7 months of 2018 from which most of the amount invested in the real estate sector. Real estate proves to be a beneficial sector for many years and that’s the reason that every ex-pat wants to invest in this sector. So here I am ging you some of the expert advice that will help you to secure your hard-earned money and also earned some handsome profit. So if you are an ex-pat and reading all this then believe me you are in the right place. Some of the major guidelines for ex-pats to invest in Pakistan that they must have to acquire are as follows:

Register As a Tax Filer:

The first thing ex-pat must have to do before investing in the real estate sector in Pakistan is to register as a tax filer. As the government of Pakistan also providing a lot of facilities to filers and has tightened the rules for the nonfilers. As you become a tax filer you pay your taxes to the government regularly and registered your purchasing property in the records of government so there are no chances of frauds and also by becoming a tax filer you pay much less in the form of taxes as compared to nonfiler as a nonfiler pays an almost double amount of taxes while purchasing any property. So don’t late anymore and become a tax filer and save your hard-earned money.

Invest In Selected Societies:

One of the most important rules you must have to follow while investing is to check the society owner’s previous record. If you get some benefit in some small private societies in the past then it does not mean that you always get benefit from the private societies. Investing in private colonies or societies is a matter of great risk. But you don’t need to worry anymore as we bring here some of the verified housing societies such as:

Defence Housing Authority: DHA is a long-running and scandal-free housing scheme till the date.DHA launches its new societies every year just like DHA Multan and DHA Karachi are new ever projects in which you can invest.

Bahria Town: Bahria is the second most safe and valuable property to invest in Pakistan. If you are looking for mid and long term investment then Bahria town would be a great place to invest for ex-pats. It is my personal experience regarding investment in Bahria that there is a variety of options when you look to invest in Bahria as there are many blocks where good opportunities waiting for you. Similarly, Wapda Housing Societies and Gawadar Housing Schemes are those societies where ex-pats invest fearlessly and earn good profit.

Go For Long term and Mid Term Investment:

Foreign Pakistanis are those working hard for their country and it’s not always easy for them to come to Pakistan frequently or after every few months. So a suggestion for you that never invest in real estate using short term. Always invest for a longer period that not only gives you maximum profit but also saves your expanses of traveling. Try to invest by keeping in mind 2-5 years that prove to be a golden period for the ex-pats. So avoid the short term and prefer mid-term and long term investing as property buying and selling is a process of full intention.

Bypass Marketing Ploys:

Pakistan is a country where thousands of ex-pats invest in the real estate sector and unfortunately, thousands of scammers take advantage of the lack of interest of ex-pats as they are away from our country and don’t know gimmickries that are popular in our country. If you are investing in some unknown areas or societies that we mentioned above then it would be a safe zone of investment but if you are a risk-taker and want to earn some big then be careful from these frauds. A lot of marketing geniuses in this sector that just see their benefit. But you don’t have to worry anymore as we bring some of the best suggestions for you to remain in a safe zone. All you have to do is to deal through some third party consultant in your deal that gives you a complete analysis of the property, pros, and cons of the location and also provides you a comparison in different properties. So don’t worry anymore and invest in Pakistan with an open heart.

Avoid Investing In Buildings Or Houses:

Another important and valuable suggestion for you while you are going to invest in the real estate sector and also you are an ex-pat than avoid investing in houses or buildings. Yes, you are reading right, if you are thinking to buy a house and want to give it on rent then it proved to be a very bad decision for you. As you buy a house it will cost you much and also as time passes the building gets old and the price of the construction reduces frequently. Also if you give it on rent then you get only 2-3% in return from this investment. So overall the studies and experiments show clearly that investment in housing and building always proves to be a bad decision. If you are thinking to buy a house for you and stay here when you come to Pakistan with your family as most ex-pats buy houses for their stay then it would be a valuable decision for you as well as for your family. So if you are thinking to invest in property and have some fear of loss then no need to worry anymore and follow the above fascinating ideas that prove beneficial and future securing for you and your family.

An Expats Guide to Invest in Pakistan Property

Expats are those nationalists of a country that works day and night for their country as well as for saving a better future for their children and family. A huge amount of Pakistanis are also working in other countries and send a large amount in the form of remittances to their motherland. Studies show that