Pakistan’s real estate market began to spiral out of control in 2021. It struggled as a result of a lack of real estate investors. The COVID-19 epidemic had a devastating effect on the real estate market. Consequently, prices dropped dramatically as a result of the lack of investment.
In 2022, the housing market was either declining or very volatile. Throughout all of 2022, neither the residential nor commercial real estate sectors in Pakistan saw substantial growth. The unstable political situation in the country is to blame for the failing economy. In 2022, both the investment and real estate markets in Pakistan suffered greatly.
REAL ESTATE FORECAST 2023
When discussing the real estate market in Pakistan in 2023, analysts agree that the industry will see unprecedented growth and success. Rising demand for both commercial and residential properties is causing prices to rise. Accordingly, the real estate market in Pakistan in 2023 seems promising. Additionally, when it comes to money, there is no other business as reliable as real estate.
Investment opportunities are expected to increase considerably once the political atmosphere in the nation stabilizes. Forecasts indicate that as investment levels grow, so will interest rates. Additionally, a plethora of new projects will be introduced to the real estate market.
There is positive news for buyers and investors despite the market’s volatility. The silver lining is that interest rates have dropped to record lows as a consequence of less investment and stable or decreasing house prices. When investment levels increase, the market will no longer tolerate the current low interest rates. In other words, if you want to maximise your return on investment in 2023, now is the time to invest. When prices rise in the future, buyers and investors who invest today will earn a substantial return.
HOUSING SUPPLY AND DEMAND
The rising population and consequent demand for homes in Pakistan ensure that the country’s real estate market will remain buoyant for the foreseeable future. Housing demand rises in line with the population, a trend that always foretells higher housing prices.
Over the years, real estate gurus and investors have spent considerable time re-evaluating and redeveloping their marketing methods in the hopes of attracting more prospects in the future. Among the most rapidly expanding industries in Pakistan is the real estate sector, which is itself connected to more than a hundred other sectors. Many industries, not just construction, will benefit from the real estate boom.
BEST UPCOMING REAL ESTATE INVESTMENT OPTIONS IN 2023
Here are some of the best real estate investment options in Pakistan this year:
- Bahria Town Karachi Phase 2
- District ONE Faisalabad
- The View
- DHA Phase 5 Islamabad
- Kingdom Valley
- New Metro City
- Blue World City
- Etihad Town Phase 2
- Bahria Orchard Islamabad
- City Housing Sialkot Phase 2
BAHRIA TOWN KARACHI PHASE 2
Bahria Town Karachi 2, also known as BTK2, is only 30 kilometres from Bahria Town Karachi and is located along the M9 Motorway. The new Karachi Airport and DHA Phase 1 are just a few of the nearby attractions that can be reached quickly and easily from this location.
Bahria Town Karachi 2 has been given the green light by the SDA and the SBCA. The lease procedure for Bahria Town Karachi 2 has been fully documented. After investors have made their final payment, they are also free to rent out their home. On January 5, 2023, bookings for Bahria Town Karachi 2 will open. Investors looking to purchase property in Bahria Town Karachi 2 should be prepared to do so.
DISTRICT ONE FAISALABAD
The Central Canal Bank Road is where you’ll find Faisalabad’s District One. It is approximately 15 minutes from the city centre and 10 minutes from the airport.
A 20% down payment is needed to book a plot. The remaining amount may be paid down in up to 36 monthly instalments. District One Faisalabad is an ideal investment option for those who wish to build their dream houses or invest to get consistent monthly rental income.
THE VIEW
The View is a Titanium Group (Pvt) Ltd. project situated in the Overseas C Block of Bahria Town Lahore. The project has a 3-year instalment plan with a 30% down payment. The construction work on this project has already started, and the prices are also going to be revised on January 5, 2023.
With the rates being revised, the investors can get an expected profit of PKR 8–12 lacs. So if you want a highly profitable and safe investment option, The View is that for you.
DHA PHASE 5 ISLAMABAD
DHA Phase 5 is developing in close proximity to Islamabad’s prominent monuments. DHA Phase 5 is also conveniently located near the Islamabad Expressway, G.T. Road, and Kahuta Road, much like DHA Phase 2. It will be the biggest phase of DHA.
Since the completion of the Islamabad Expressway’s carpeting and interchanges would cut commute times for regular commuters, prices are expected to rise. If you’re thinking about investing in this venture, now is the time to do it.
KINGDOM VALLEY
Kingdom Valley Islamabad is a PHATA-approved, futuristic, state-of-the-art housing community nestled away from the hustle and bustle of the metropolis and in close proximity to the M-2 Lahore-Islamabad Motorway.
Kingdom Valley Islamabad’s payment plan is flexible and affordable. In a word, it’s an ideal location for enjoying a royal lifestyle or a lucrative real estate investment.
NEW METRO CITY MANDI BAHAUDDIN
The New Metro City Mandi Bahauddin is situated on the city’s outskirts near Kuthiala Shaikhan and will be accessible by GT Road from all sections of the city. The payment options available to residents of New Metro City Mandi Bahauddin, are both convenient and adjustable.
It is developed by BSM Developers, a company with a solid track record of keeping its clients satisfied. For this reason, you can rest easy knowing that your money will be well spent on this venture.
BLUE WORLD CITY
Blue World City Islamabad is a contemporary housing community located on Chakri Road near the New Islamabad Airport.
The Blue World City online payment plan is comprised of 40 monthly instalments and 8 half-quarterly instalments. Blue World City Islamabad, if you look at the costs, is the finest alternative for investors who want to put their money into good real estate.
CITY HOUSING SIALKOT PHASE 2
The City Housing Sialkot Phase 2 is situated on the main Eiman Abad road in close proximity to GC University Imam Bibi and the New Campus. The payment plan consists of 12 equal quarterly instalments, each of which is due every three months.
City Housing Sialkot Phase 2 is an excellent option for anyone seeking to invest in real estate. Its low costs, convenient location, and list of contemporary facilities guarantee a healthy return on investment.
The real estate market in Pakistan is likely to see significant growth this year, and Titanium Group is here to keep you updated of all the latest developments. Titanium Group is now dealing with more than 250 projects throughout Pakistan; please get in touch with us if you have any questions or would like to book any of these properties.
Contact for details: +92-(42)-35133335