Why Participate in Property Asia Exhibition?
and Real Estate Boom in Pakistan
Here are some of the reasons why the prices of property
and real estate in Pakistan are escalating at an
unparalleled rate offering an unprecedented rate
economy is growing
an all time high record of 8.4% second highest
pace in the world after China. Strong economic
performance and rise in per capita income has
created huge interest in investment options such
as real estate and property.
Demand in the Housing
current demand for housing is estimated at 570,000
units vis-a-vis about 300,000 units being built
annually, mostly in urban arrears. The housing
backlog, estimated at 4.3 million units in 1998,
has thus increased to around 6 million units in
2005 and likely to increase further. Thus, there
is a lot of scope for heavy escalation in real
estate business in Pakistan to meet this backlog.
low-interest home financing loans
Investment is now available in Pakistan at record
low rates with the financial institutions offering
flexible multi-purpose loans on easy terms. Availability
of low interest financing for houses has given
a strong push to the demand for property and real
estate in the Country.
Substantial Investment in Housing planned by the
Government of Pakistan
An investment of Rs. 950
billion (US $ 16 billion) is envisaged in the
Medium Term Development Framework (MTDF) for the
development of housing during 2005-10. The investment
by the government in the housing sector is expected
to give a further boost to the investment by the
Development of Gwadar
Gwadar, the mega cosmopolitan Port City of tomorrow, offers
enormous prospects for construction and development of all
types of properties, viz; industrial, commercial, residential,
recreational, golf courses, shopping malls, a new International
Airport etc. in the coming years. It is definitely destined to
become the hub of investment, attracting investors from all
over the world, specifically after award of Gwadar Port operation
to Singapore Port Authority for the next forty (40) years.
Development of Real
Estates astride Highways linking Gwadar
km length of under-construction Highway fro Gwadar
to Rato Dero, together with the already commissioned
600 km long Makran Coastal Highway, offer immense
potential for development of Industrial, Commercial,
Residential & Recreational Real Estates astride
|Development of Real Estates astride Highways linking Gwadar
950 km length of under-construction Highway from Gwadar to Rato Dero, together with the already commissioned 600 km long Makran
Coastal Highway, offer immense potential for development of Real Estates astride these Highways.
Announcement of 4th Sea Port at Sonmiani - Balochistan
The President of Pakistan while inaugurating the Gwadar Deap Sea Port, has announced 4th Sea Port at Sonmaini and extension of Makran
Coastal Highway all along upto Iranian Border. A lot of investment in real estate & housing sector will soon be pouring in this region as
well from all over the world.
Overseas Pakistanis looking for Investment options in Real Estates in Pakistan
Non - Resident Overseas Pakistanis are looking for safe & sound investment options in Property & Real Estates that offer security & good
rate of return in Pakistan.
Real Estate Builders & Developers from U.A.E., Malaysia, Singapore & Mauritius have gone into joint venture
agreements with Pakistani entrepreneurs for Hi-Rises, Shopping Malls, Golf Courses, Villas, Recreation Resorts &
Real Estate development
all over Pakistan with tremendous response.
|Investors from the Muslim World to attend PROPERTY ASIA
Through the support of Islamic Chamber of Commerce and Industry, PROPERTY ASIA would be attended by members of the business community and other prospective buyers from OIC countries, thus, extending a unique opportunity to showcase the Real Estate Projects to a larger set of prospective investors.
| Prosperous Pakistanis seeking Investment in Real Estate abroad
Quite a large number of Overseas Property Developers, Builders & Real Estate Agents from U.A.E. & Malaysia showcased and marketed their Projects in
Build Asia with overwhelming response; PROPERTY ASIA has much more to offer. The Event is destined to become the “Foremost
REAL ESTATE & PROPERTY SHOW of the Region.” The exploding economy coupled with the right set of policies being encouraged by the present Government is
playing a pivotal role in the prosperity of Pakistanis. With more capacity to earn and invest, this class of Pakistanis is looking for options for investment in properties abroad as well.
The world has become a global village now. People have been willingly migrating to other countries or opting for a second home where better opportunities of entrepreneurship are available. Housing Schemes in Middle East, Far East, Australia & North America etc that opened their marketing offers to Pakistanis have seen huge success in the recent past.
PROPERTY ASIA offers them good opportunity to select from overseas the projects to be showcased by the Overseas Real Estate Agents/ Developers/ Managers here.