Prices of luxury homes are crashing Luxury high-end homes in Pakistan High-end or luxury homes in Pakistan are of two types; expensive homes due to large sizes and expensive homes due to very hot locations. Every major housing scheme in Pakistan has 1 Kanal and even bigger homes. Prices of such a large size homes…
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Pakistan; the land of pure is prone to frequent earthquakes. The 2005 earthquake of magnitude 7.6 killed thousands of Pakistanis in Azad Kashmir and Khyber Pakhtunkhwa. The damage to infrastructure and buildings & houses was enormous in 2005. The recent earthquake on 26 October 2015 of magnitude 8.1 was also a call to hell. According…
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Lahore Fort Historic Paint Wall Restoration Walled City Lahore Authority (WCLA) with the collaboration of UNESCO has restored many streets, houses and historic buildings in Walled City Lahore. WCLA recently restore the famous Mughal Royal Bath ‘SHahi Haman’. Now Walled City Lahore Authority is going to restore the historic Lahore Fort’s paint wall with the…
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Nab is investigating property scams: Real Estate Property Frauds in Pakistan NAB; National Accountability Bureau is investing the property frauds & scams in Pakistan. Many Pakistanis living in Pakistan and abroad have complained about various property frauds. NAB is investigating the following real estate property scams in Pakistan: Commercial and residential developments built on pure…
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2015 is a better year for Karachi real estate sector Karachi is the most populated city of Pakistan and second most populated city of the world. Karachi’s population is approximately 25 million. Karachi is also the financial center of Pakistan, as Port Qasim and Karachi Port are located there. Karachi’s GPD is more than $150…
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Gwadar is a coastal city of Pakistan located in the province Balochistan. Gwadar has natural deep sea port. China has recently signed a deal with Pakistan of $46 billion to develop Gwadar port and Gwadar-Kashgar Economic Corridor. Pakistan and China also signed a 40 years management deal. According to this deal China got 40 years…
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Property millionaires are increasing in Pakistan Property millionaires Any person who owns a property of worth one million dollars or more is considered as property millionaire. Massive property boom in the last decade has created many property millionaires throughout the world. Expensive properties can be found in the world’s top cities like Beijing, Chicago, Hong…
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Flat or House debate People in Pakistan have different living choices. Some people prefer to live in flats, while others love to live in houses. Both flats and houses offer unique living experiences and both are good for living. Decision to buy a flat or home depends on the financial situation and choice of individuals….
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Is it good to buy or rent a home The biggest financial decision in everyone’s life is purchasing a home. Home ownership is now 75% in Pakistan, whereas it was 85% in 2000. Home ownership is declining due to the rising property prices in Pakistan. From 2000 to 2015, Pakistan witnessed two real estate property…
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World housing market condition in 2015 2015 is not a good year for the housing market as house prices are crashing worldwide. This is the second housing market crash of this century, first one was the famous housing bubble of 2008. House prices were rising since 2009. But this rise in house price was not…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
