2013-03-22 08:51:58 - A surge in numbers of property buyers looking for flats in Islamabad is noticed throughout the period of 2012. The trend was not just observed by Zameen.com, but several real estate agents have noticed an increase in numbers of property buyers tending to be more interested in investing their hard-earned money in flats available at good locations in Islamabad towards the end of 2012.
Islamabad, the capital city of Pakistan, is home to thousands of diplomats, foreigners, politicians, government servants and elite class. With symmetry in commercial buildings, residential communities and infrastructure, Islamabad is considered as the most well planned city in South Asia. For all the wealthy investors, Islamabad realty sector is one of the active investment hotspots in high-end and luxury properties in Pakistan property market. People from different cities of Pakistan and from outside Pakistan, move to Islamabad in search of better employment opportunities and to live closer to nature. Most of the people prefer investing in luxury homes to reside in or as their second home for investment view point.
However, the trend appeared to have changed to some extent in
2012, as a certain shift in real estate investment is noticed. Instead of buying luxury homes, which cost you millions and sometimes billion Pakistani rupees, property buyers have started eyeing flats in Islamabad for investment. Based on 2012 investment trends, a 10% surge of interest in Islamabad flats is noted at Zameen.com, an online property portal dealing in Pakistan real estate.
The data revealed by Zameen.com shows that the year began with encouraging figures when out of total searches recorded for properties in Islamabad, around 15 percent searches were made for flats in Islamabad. In comparison to total number of Islamabad properties, this percentage indicates that a large number of people are searching for flats in Islamabad.
In the preceding months, the percentage of search trend kept on increasing such as it was 16.26 percent in February, which reached to 17.03%, 16.85% and 16.98% in the months of July, August and September respectively. 4th quarter showed remarkable increase in number of online buyers searching for flats in Islamabad, as the percentage value was 22.87% in October, 23.93% in November. The highest percentage search value was recorded in December when the value was 24.75%.
Real estate agents operating real estate agencies in Islamabad also reported an increase in numbers of property buyers to invest their money in flats in Islamabad for sale at relatively good locations towards the end of previous year and beginning of 2013. It also indicates that people are looking for smaller properties, which are cheap to purchase and easy to manage in comparison to luxury villas and homes.
For more information visit: www.zameen.com/