2013-08-21 07:31:47 - Pakistan real estate is an attraction for a wide array of investors and also for the economic growth of the country. Zameen.com, a top-notch Pakistan property portal notes that the property prices are skyrocketing at present, which makes Pakistan real estate to show relish notable upswings.
The real estate industry of Pakistan is one of the most promising sectors that massively tote up to the GDP growth of the country. Zameen.com, a leading property portal of Pakistan, observes sale and rental price fluctuations in various localities of Pakistan. Analysis done by the property experts at Zameen.com, unfolds the fact that the realty sector of the country is in its full uproar at present.
Sales and rental prices are increasing notably with passing time and Zameen.com is of the view that there are various factors that uphold this upsurge in the property market. Primarily, current chaos in the country and dipping situation of other industries leaves the investors with no secure choice, other than investing in the
The observation of Zameen.com’s property analysts regarding the price fluctuations provides an imprint that Pakistan real estate sector witnesses increased footfall of investors because of the continuously increasing prices. Individuals from every other field find it profitable to invest in this sector and bag notable returns.
Zameen.com observes that even in the first half of current year, property prices in major cities of Pakistan have increased by manifolds. Especially, the Lahore real estate can be regarded as the jewel of real estate sector’s crown. Migration of people from other cities to Lahore is deemed to be one of the major reasons for rushed upturn of Lahore real estate. However, Zameen notes that Karachi and Islamabad do not lag behind as well, as per the increase in property prices is concerned.
Even though, this price hike in property market is favourable for the economic growth of country, but Zameen.com shows its concerns over the boom and bust cycle. The portal is of the view that government of Pakistan, other than imposing taxes on property, should also come forward with robust strategies to provide backing for poised growth of the property industry.
For More Information please visit: www.zameen.com
This press release is also published on briefingwire.com: www.briefingwire.com/pr/pakistan-real-estate-currently-shows-not ..