Earth Pakistan brings to you the finest real estate Pakistan plots in both, the commercial and residential areas of Pakistan. With a diverse variety of plots to choose from, Earth Pakistan paves fulfillment of your desire to invest in the Pakistan real estate market. Even when looking forward to build the home of your dreams, our portal facilitates you by treating your wish as our command. With our large pool of property for you to pick out from, you will never have to go anywhere else!
Future of Real Estate in Pakistan for investing in Pakistan Plots
Real Estate in Pakistan is a growing sector of the economy of Pakistan. Pakistan spends $5.2 billion on construction in a year. Moreover, many more billions are spent on buying residential and commercial Pakistan plots. According to the Pakistan Bureau of Statistics, construction output accounts for 2% of GDP, with housing representing less than half that total. With the rate of urbanization that Pakistan has been experiencing, there is a growing need for urban planning.
According to FPCCI (The Federation of Pakistan Chambers of Commerce and Industry), real estate agents are playing an important role in the economic development of the country.
“Construction sector has grown by 9% which indicates its strength but this robust sector needs help of the real-estate sector,” it said in a statement.
Demand for residential properties in Pakistan grew in 2010, leading to increased interest among real estate developers and investors. Since prices have exceeded 10 million PKR, new housing developments are often aimed at the upper middle class. To assist the real-estate sector, the Government of Pakistan announced a reduction in interest rates on mortgage loans in 2012.Pakistan is home to Asia’s largest real estate investors.