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.