Faisalabad House Renovation And Construction

Real estate holds noticeable power and importance in Pakistan there for it is considered an asset that mostly rewards you with money and opportunities. With daily ups and downs in Pakistan one thing that always remains permanent asset is land, as famous accountant’s sentence

 

“The Land never depreciates”

During 2020 we saw that effects of covid-19 which also became global pandemic had vast effects on all sorts of businesses and many of them even crashed because of the catastrophic situations. Real estate also faced a major brunt of it but unlike others it managed to survive. The reason for it is that the value for real estate faisalabad house renovation and construction most often increases over the time. This increase in value occurs no matter what’s the inflation rate or growth rate is, property always yields profits for the land owners.

Investment opportunities

When it comes to investment opportunities, the main research is done by the financiers whenever they have excess money to put in. Though one can obviously not deny the risk factor whether the industry/company is high or low. The real catch here is that risk factor in real estate is never an issue, because yup! You get a choice to select the best option available. But in real estate, the risk is not an issue at all. Yes! It’s the best option available.

Industry slump in Pakistan

There is no doubt that in Pakistan the industry is facing slump since a decade long due to political issues, power crisis and other problems like dearth of quality raw material and labor. This prevents investors to provide funds and invest fully into the industry sector. Eventually, the best option that comes for them is spending their money into real estate sector in order to gain perfect payback of their investments.

Why real estate instead of any other option?

This question marks great importance because it actually explains how secure investment in real estate sector is. As mentioned above real estate is the only asset that has its worth increase over the time. The proof of it is very evident because whether it is a machinery or anything, its value always decreases over the period of time. Depreciation is a  commercial building construction cost universal truth! But real estate is such an asset which is exempt from this rule. A land worth Rs. 2000000 is definitely worth Rs.2200000 tomorrow! So the investor has no reason to deny this option.

Business examples of real estate

Well who has not heard of mammoth shopping malls which are constructed in Pakistan throughout the country? Pace, Panorama, Hyper-star, Metro and all the others that have huge areas of land. All these areas were built, developed and even planned thanks real estate industry. The investors have made a very safe initial investment by making shops in these plazas and then have either sold them or let them out on rent. In both the options, the seller is able to generate high amount of revenues.

Not just that real estate contributes massively in Pakistan’s economy although it is not considered as a tax generating industry yet it generate the most GDP for the country. As a result the ratio of employment increases hence the overall economy gets a boost up and this whole situation occurs in the country thanks to real estate industry alone.

See More: Why Investors Look towards Real Estate in Pakistan!

Housing schemes

Considering the housing schemes, all the urban cities in Pakistan witness huge Malls, farmhouses, bungalows and houses. DHA Lahore Houses, Bahria Town Lahore, Gulberg Lahore Bahria Town Islamabad Houses, DHA Karachi and many other housing infrastructures are great examples of these real estate investments.

Housing scheme makes real estate investments even more secure because it’s a safe way to earn profits. Purchase a land first. Then either construct a house on it and sale it, charging a price which yields sufficient profit.  The other way round is acquiring land and then selling it once the value of it gets appreciated.

So by and large, the results have made it very much evident that real estate by far is the Best Avenue to invest in current scenario of Pakistan’s economy.

 

 

Reference: Registration Of 18 Housing Societies Canceled In Islamabad |Syed Brothers