When everybody is a Seller – It’s the right time to buy real estate

According to a news clipping published in Dec’05, 2016 Daily Jang Lahore,  Mr. Sha’baan Elahi President of Pakistan Real Estate Investment Forum (PREIF) has lauded the steps taken by Govt. of Pakistan for understanding issues, and the problem of real estate sector in Pakistan and initiating new and existing legislation for the revival of realty sector.

The new amendment in Income Tax 2001 Ordinance is a right step and forum think that this would help attract new capital from foreign and national investors and property transactions ratio would improve a lot. Pakistan GDP growth rate would also get better. PREIF too, anxious for resolving outstanding issues and reaffirmed its commitment to co-operate and volunteered their service to educate better and inform new and existing real estate investors to help boost the real estate sector.

As the recession is shrinking worldwide and economies around the world are now blooming, that includes, the United States of America and even Russian economy has now shown signs of recovering after badly hit by the sanctions imposed by the US and Europe. Dubai economy has also started reviving and attracting new investments in different projects spanning from real estate sector to information technology and health care.

Govt. of Pakistan through the legislative bodies, now focusing more conducive environment for the rapid growth of the realty sector. Property Tax and Income Tax reforms and amendments are introduced to facilitate both national and international investors to invest in properties and real estate in major cities like Lahore, Karachi, Islamabad, Faisalabad, and Peshawar.

Fragile Political and Economic Conditions in Pakistan

Deteriorating political conditions, worsening economic fundamentals, ballooning debt a weak rupee suggests that Pakistan is going through a server crisis. Analysts see todays Kashmir issue a possible nuclear flash point

Indigo Developers has full fledged in house team of real estate and properties expert experts in Pakistan prime locations, our experts in real estate see this as a right moment for high net worth investors. Investors to take a bold step and start to inject cash in promising and high return real estate and properties sector as current real estate market is touching the lowest levels.

Best Places for Investment in Lahore

So, in a nutshell, investors, whether local or international should dump their money without a moment in Luxury Apartments in Gulberg, Lahore, Properties, Real Estate in Lahore to gain maximum return against their investments.

 

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