Housing in Pakistan | Pakistan Housing
Housing is a building or structure that serves as living space for individuals and families. Pakistan has a wide range of housing. People prefer to live in houses, flats, villas, and farmhouses, according to their affordability and requirements. Historically, Pakistan’s Real Estate & housing sector never played an important role in the country’s economy, but it’s now a billion-dollar industry. Let’s discuss the different forms of housing in Pakistan.
Different forms of housing in Pakistan
Self-Built houses in Pakistan
Building own homes in Pakistan is a common practice and is generally considered the best form of housing in Pakistan. People buy land or plot in their preferred locations or housing schemes in Pakistan and build their own homes. This practice helps people to build houses according to their affordability, requirements, and choice of location.
Another main advantage of building your own house is to up check the quality of the house e.g. the material that is being used to build that piece of property. However, it is not that trustable if we buy a house rather than building up one for yourself.
Private housing in Pakistan
Private housing is another form of housing in Pakistan. Private real estate developers in Pakistan build houses & housing societies and sell these for cash and on installments. We can see many good housing societies in different cities of Pakistan like Bahria Town Karachi, Citi Housing Faisalabad, DHA Peshawar, etc.
Private housing Societies in Pakistan are also growing fastly we have seen a lot of new real estate development projects every coming day. New projects are new and under development so are cheap to buy and invest in.
Government housing in Pakistan
Government housing in Pakistan is mostly provided to government employees. There were some efforts by the government to provide housing to the general public in Pakistan, but these efforts were on a very limited scale. Ashiana Housing & LDA City Lahore is a recent effort by the government of Punjab to provide affordable housing in Pakistan.
The government housing is a great initiative to help out the Government employees and they can buy affordable houses in a landmark Governemnt projects on a very easy and suitable payment plans.
So these were all the details you must need to know about Housing in Pakistan. YOu can also study more informative stuff about property and real estate in Pakistan on Ghar47.com