Author: kiran anwar

Pakistan real estate is facing the ups and downs but if we take a large view about market research than by and large, we can claim that the real-estate market of Pakistan hasn’t achieved its true prospective yet. In recent years the real estate markets keep on rising and fall in tandem with whole economy process or can say it changes according to overall economies. When the rising of economy and the purchasing power of the buyers begins and goes up than the real estate Pakistan market demand also goes up which is the positive sign for investment to start into the market and the cycle of purchasing and selling continues. Pakistan economy has lot of available potential which we were not expecting in the past few years and still more hoping for some positive response to overall economy but we all are aware that this requires a lot of effort or work on part of both private and government sector.

Troubles of Real-Estate Market:

Some of the major problems or troubles faced by Real estate Pakistan and Pakistan economy are just because of the lack of political instability and overall Pakistan economy crises. Looking at past few years some little initiatives have been done by government in delivering the goods and which shows that there is a need of lot of things to work on for property Pakistan and for overall economy of Pakistan, there is need of total willingness and sincere team efforts on part of Government and Pakistan economy so that we can say Pakistan real estate will be on right track of progress and earnings.

Corruption in Real estate sector:

Problems like corruption and lawlessness which is prevalent in almost all sectors of Government or private sectors of Pakistan. In real estate sector it also has a fair share of dishonest and corrupted people. Another major problem is the deficiency of customized policy and system. Sometimes it also happens that some developers launch the project and some common realtors or investors begin to start investing their money in the running projects just only to know that whether the developers of the project are violating the laws or not and just because of this the whole project comes to close down. So to resolve this situation or problem there is a requirement of practical and positive department on provincial and federal levels which will be able to look into the problem of the developments and also draw the attention to note the inconsistency of work at right time. Land mafia or land corruption is another problem that needs to be handled by the government or on private level if Real Estate property Pakistan has to progress and prosper.

Government policy for Real-Estate market:

Government has planned a Real-Estate policy to give confidence to the Participants of the private sector in the real estate property market. Government also requires helping the poorest part of the society through some self owned organization called as House Building Finance Corporation. According to this corporation the government will identify the land in the urban areas and will give it to the private sector on low lease terms to build houses for the poorer of the society. Thus this would help to lower the high property rates in Pakistan and raising the real estate market to stay secure.