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REAL ESTATE INVESTMENT IN PAKISTAN – HOW TO GROW IN 2022

Real estate has emerged as one of the most sought-after investment options in 2021. Due to the two-wave COVID-19 pandemic and subsequent lockdowns, increased demand for homes increased awareness about health, sustainability, future security, and stable investment.

Pakistan's real estate forecast for 2022 looks better than many other investment opportunities indicating that this year will be a boom for the real estate market and last year due to volatile gold price, inflation, volatile stock market, etc.

With the latest boom in the sector, overseas Pakistanis are also keen to invest in the industry. It has a huge potential for exponential returns in the future, making it a lucrative industry to invest in. One of the main reasons to look forward to Pakistan's real estate market is its growing nature.

Along with the development business, the real estate boom will stimulate growth in various industries. It is the best investment option for international and local traders looking for a place to put their money. However, the real estate boom has several problems, including fragmented regulatory frameworks, shortage of low-cost housing, slow technological adoption, loss of transparency, and low resilience.

Pakistan Real Estate Future

Pakistan real estate investors and agents are optimistic about the future of the real estate market because the Government of Pakistan is now intent on solving the problems in the real estate business as quickly as possible.

With the authorities' measures to end terrorism and their efforts to end violence in the country, it is expected that the regulation and order in place in the country will improve rapidly shortly. It will build confidence among property aspirants and buyers and inspire them to invest in real estate.

The real estate sector will undoubtedly expand in 2022; people are more likely to consider future housing initiatives as an investment.

How to Grow Your Real-Estate Business in 20222

Strengthening the personal brand and social networks are some of the strategies you must develop in 2022 to face the challenges and achieve success.

Publish on Property Portals

Property portals have become an indispensable tool for the real-estate sector. Portals like Pakistanpropertynetwork.com or Zameen.com allow you to upload a property on their portal. This saves you a lot of time to find buyers, which you can dedicate to following up on more opportunities.

Suppose you have not yet listed your real estate business on local portals and do not know the tipping point for real estate. Don't wait any longer. This is where you can find as many potential customers as possible, not just local markets.

Boost Your Presence in Social Networks

Social networks are great allies for our public to access available properties and share them with their acquaintances. The possibility of reaching the public is enormous, especially if we participate in specialized groups for buying/selling properties.

It is straightforward to share a link either to a property on your website or to a publication in a portal. In addition, they function as another channel of communication between the commercial agent and its clients.

Enhance Real-Estate Industry Knowledge

It is a requirement that you have in-depth knowledge—Tipping Point For Real Estate, where you stand as a real estate expert. For example, if you deal in real estate in Lahore, you will need an in-depth knowledge of everything happening in the city's real estate market.

You should be aware of the changing rates in the city and upcoming developments and commercial/residential projects. Thanks to the Internet, keeping up with the latest happenings and developments in your field has never been easier. It will help if you regularly read the property pages of all local periodicals and web portals. And you should also subscribe to all real- estate related social media profiles.

New Real-Estate Projects

CPEC is a significant development project to reshape Pakistan's economic system and, consequently, the region's real estate will grow in the coming years. CPEC's special financial zones have not yet been completed; however, the high-quality effects of CPEC may be visible in the form of a breakthrough in the status of the energy area and the partial completion of the Lahore-Karachi highway.

The distance between Lahore and Multan has been rapidly reduced to a few and a half-hour from the advanced space of five hours. Businesses and buyers are looking at Multan as the new financial hub of Pakistan. DHA Multan Development DHA Bahawalpur is one of the few examples that give credence that CPEC will remodel the real property commercial enterprise.