Dealing with selling and buying properties can be both promising to good and bad. As one who is proficient in controlling this kind of trading, you may have experiences in success and failure.
To date, very few businessmen have been successful in securing success in the real estate business on their first try. This is because the real estate business is definitely sensitive to hold onto. But, when it comes to management and the right choice, you can get huge profits and also benefits from the real estate business. The best real estate investment in Pakistan can start quickly and easily.
Pakistan needs to raise its real estate business to get more foreign and local investors. If you are searching for the best real estate investment in Pakistan, you are likely to receive higher profits by investing in big cities like Karachi, Lahore, and Islamabad.
Real Estate Trends in Pakistan
Property prices made a giant 10% jump during the course of 2017 and early 2018. This year, however, maybe a different case for property prices. Property prices are estimated to rise in 2019 but at a much slower pace. The number of properties for sale is expected to increase by a mere 1% in Pakistan. But after 2020, property for sale will get boom by more than a 5% increase.
In Pakistan, when people start investing in properties, they desire to purchase property in the locality that they are familiar with. By doing so, they might be overseeing the higher growth potential of other areas. Resultantly, they might get less profit from their investment. Thus, professionals say that rather than preferring the comfort of familiarity, rely on performance indicators to make better and well-informed real estate investment decisions. Consider all the possibilities and opportunities before buying a property, and you can take expert opinions from real estate professionals.
Real Estate Investment Opportunities in DHA Islamabad, Pakistan
There are many options to invest your savings in Islamabad, but right now, the best decision is to invest in Al-Ghurair Giga projects as they understand the people’s needs and fulfill their desires.
Al-Ghurair Giga Group Projects
Under the leadership of Mr. Najeeb Pardesi, Giga Group has won several international and local awards for its continuous desire to achieve quality standards and effective functioning. Under his prevail, Mr. Pardesi has completed eight projects across Pakistan in just three years. Giga Group aims to become one of the leading global business entities by expanding into newer markets and tapping innovative opportunities.
The following are some of the accomplishments of the Al-Ghurair Giga group.
Defence Tower
Defence Tower is being built using the latest technology and an experienced workforce. If you are looking for apartments for sale in Islamabad, then you do not need to look any further for your ideal family residence. The residential tower is based in a safe community for you to raise your family surrounded by lush green spaces.
It is one of several residential buildings in the area. The entire compound is located in DHA Islamabad, which is under the protection of the Pakistani military and is thus very secure. Giving attention to every detail and day-to-day requirements of valued customers, these apartments have the concept of 1, 2, and 3 Bedrooms. It has some of the most elegant luxury apartments with beautiful interiors and cozy bedrooms and bathrooms that any project in the twin cities of Islamabad and Rawalpindi will witness.
Defence Residency
The defence residency displays a night view that gets direct and indirect lighting systems. It gives an iconic look to the building. The building will also have its own entrance lobby that will be well equipped with technologically sound and spacious elevators. Having magnificent interior and exterior and state-of-the-art technology like CCTV cameras, intercom systems, and information counters, the tower will set a new benchmark in becoming a desirable address in the construction industry. Withdrawing, dining, and lounge built, keeping your comfort in mind, and an open style kitchen, which represents a modern and stylish look. It is one of the most beautiful developments in DHA Islamabad, Rawalpindi.
Defence Executive Apartments
Defence Executive Apartments is a high-rise luxury development with magnificent interior and exterior setting a new benchmark in becoming a desirable address in the construction industry. Some exclusive features of the project include High-Speed lifts, CCTV cameras monitoring system, an intercom system, covered Car parking, Prayer Area, a Standby Power backup, a modern Gymnasium, a children’s play area, a Fire-Fighting system, and many more. With bedrooms carefully designed for comfort alongside offering beautiful views, Defence Executive Apartments displays a state-of-the-art design for its valued customers.
Defence Residency
Defence Residency is a low-rise project, and it comprises 17 blocks ranging from 4 to 10 floors. It is a stone away from parks and recreational facilities. It has round-the-clock power, uninterrupted utilities, and has used world-class materials keeping in mind international construction standards. The building is very close to major shopping malls and entertainment areas, as well.
El Cielo Prime Apartments
El Cielo is a luxury residential development located in DHA II, Islamabad. It is an under-construction project with a total of 320 apartments in two buildings spread over 12 floors each, including two parking floors. This prime residential development is all set to be handed over to eager residents over the next couple of years. There are three categories of apartments, including premium, premium plus, and executive apartments of varying sizes but unmatched luxury. This project aims to continue the Giga legacy of luxury, security, and class. This project includes apartments of all sizes from studio apartments all the way up to penthouse apartments.
Lignum Tower
Lignum Tower lies in Defence Phase II. It provides all the latest facilities like underground power and telephone cabling, broad streets with efficient drainage and sewage system, and a direct link to the motorway, which cuts down the commute time. Making your living more modern, these apartments present a sense of living in the lap of luxury. Also, each apartment comes with a spacious dining room, an ultra-modern kitchen, and large and airy bedrooms with closets and lavish bathrooms.
Giga Mall
Giga Mall is another successful project of Al Ghurair Giga. It comprises all local and international brands with over 200 plus stores. Since opening its doors in 2016, Giga Mall Islamabad has revolutionized the shopping experience of millions of visitors a year. A leader in entertainment, retail, and attractions, Giga Mall, is one of the top tourist destinations across the country. Giga Mall Islamabad is an award-winning, iconic, premier shopping destination fulfilling all your explicit and customized indulgences. It offers an exceptional retail mix combined with world-class entertainment and leisure attractions. People from all over the country and especially from twin cities Islamabad and Rawalpindi, flock towards Giga Mall.
D Mall
D-Mall is Introducing Pakistan’s first-of-its-kind indoor water park. It has swerving water slides and an array of fun-filled water-based attractions. The Water Park at D Mall is the ideal place for children to enjoy while they shop at their leisure. Even more so in the summers, when the water park becomes the perfect place to beat the heat. It has something for everyone; play areas for kids, a water park for family fun, and a food court for all foodies to eat to their hearts’ delight.
The D Mall is a state-of-the-art luxury mall where you can splurge, eat, and enjoy with your family in a comfortable and friendly environment. Every day every season is shopping season at D Mall. Right next to Giga Mall and was developed by Giga. Expect nothing but the best.
However, this is an excellent time for construction companies to think more profoundly about how to become more efficient. This is especially true because the new generation of workers is comfortable with technology, and because of the strong economy, there is money to invest in new technology.
What Makes Property Business So Profitable?
If you are thinking of investing in real estate, it can prove to be the best decision you ever made in your life. Below mentioned are a few reasons why real estate investments in Pakistan can give a boost to your financial stability:
Investment leverage
Real estate is the only investment where there is no fixed investment limit for any asset to buy. While other businesses for example stocks require a specific to buy an asset. In real estate, on the other hand, you can buy an asset worth much greater than your investment in hand, and later you can get a loan to clear your payments. In Pakistan, you can find many commercial and residential projects to invest in but you should invest with a renowned construction firm such as Al Ghurair Giga, Islamabad.
Real Estate Appreciation
A huge benefit of the investment made in the domain of real estate is that it provides you with appreciation. Real estate appreciates 3-5% on managing property but the good thing is you can force your desired appreciation as well. The only thing you need is some repairs and renovations. You have to make sure you do not invest too much in renovations because most of the time the profit return on investment is around 80-90%. The renovations must be witty adding beauty to the property. In this way, you can get an appreciation as per your demand.
Regular Cash Flow
If you own a property whether commercial or residential it can provide you with a regular cash flow through rent. You can buy an apartment at a prime location and can earn big by renting it. State-of-the-art residential projects like Goldcrest Highlife and commercial projects like Giga Mall Extension, Goldcrest Views, Town Center Commerical, Central Palace Residence, and Goldcrest Vacation Homes located at a prime location are worthwhile for real estate investments.
Tax Benefits
Being a real estate owner you can take advantage of various tax write-offs. When you own a property there are many perks you can enjoy in terms of tax relief. Some of the benefits are mentioned below:
- The mortgage interest can be written-off
- Expenses made on maintenance
- Home insurance, dues, and other real estate taxes
You can discuss this with your tax advisor and get as many benefits as you can. Comparatively, if you invest in bonds or stocks only the capital losses can be written off.
Financial Security
The investment market can change in the blink of an eye, while real estate is the only place to invest in which your long-term investment always pays off. Compared to it, there is a possibility you lose all your investment instantly in other businesses. Most of the investment made in real estate is to supplement retirement income. People plan for their bright future, luxury living, and a safe environment for their kids to live a peaceful life. A wise person makes an investment where he knows his money is safe rather than investing in stocks.
Future of the Pakistan Real Estate Market
According to recent reports, $5.2 Billion in the investment-building sector, comprises 2% of the total GDP of Pakistan. In the last five years, a remarkable boom has been visible in the real estate sector. Private housing and builders developers have contributed a lot in this regard. Real Estate has acquired priority when it comes to the investment arena. The future of Pakistan’s real estate market looks very promising.