Future Growth Prospects of Lahore Real Estate Industry
The property business of Pakistan is in booming phase. The prices are expected to rise in future and investors are very much interested to invest their money in Lahore.
It is always a wise decision to invest in cooperative Housing schemes and DHA, as Lahore is one of the best places to invest in Pakistan. Bahria Town is also a grand project, where development has gained the interest of the people. Gulberg and LDA (Lahore Development Authority) Avenue are affordable housing schemes.
Due to increase in demand, a number of projects have been introduced in this city. Many overseas Pakistanis are attracted to it and want to invest in posh areas of Lahore. Elite class living is a choice of everyone, these Housing Schemes are struggling a lot to provide all the world-class facilities to the residents of Lahore.
Although, law and order situation of our country was not so good, but it has improved a great deal now. It has helped build trust among the citizens and investors and it has and will encourage investment in local real estate.
On the other hand, the taxes and other charges are rising continuously which is somewhat decreasing the buying power of people. It is a fact that if Government will not take proper measures, than it is expected to hamper the progress of this rapidly growing and high potential industry.
However in spite of these problems, future of Lahore real estate industry looks very bright and it is good time for investment.