2013-12-02 11:51:32 - Both Malik Riaz and Bahria Town have a way of staying in the news and they often find themselves at the centre of some of the important events.
Regardless of how newspapers portray both, it remains a fact that Bahria Town Lahore is one of the most popular communities in Lahore which has also become an investment hotspot for short and long term investment.
According to Zameen.com, a vast number of people already invest in Bahria Town but a huge chunk of that investment is made in plots for pure profit. Our sources reveal that recently, there has also been the trend of investing in houses in Bahria Town Lahore for generating regular income in the form of rental yield. Rental yield in Bahria Town Lahore is higher as compared to some of the other housing societies.
Over the course of years, Bahria Town Lahore has also emerged as a
popular lifestyle destination where the interest of people is growing with every passing year. This has in turn increased demand of housing units in the society, prices of which have been steadily rising as well.
House prices have increased like anything in Bahria Town Lahore during 2013 where in January earlier this year, the price of 1 kanal house in Lahore was Rs 9,950,000, it burgeoned to Rs 26,923,077 ten months later in October showing a rise of 63.04%. It's rises like these that have helped the units become a popular investment option.
Some of the estate agents registered with Zameen.com believe investing in housing units is a smarter approach since this way, not only do the investors build an asset in the most sought-after location of the city but also make both short and long term profits in the form of rental yield and price appreciation.
Sources reveal that the prices of property in Bahria Town Lahore are expected to continue rising.
For more information please visit: www.zameen.com
This press release is originally published on: shehryar.realtytimes.com/advicefromagents1/item/26750-bahria-tow ..