With $1.9 billion in investment commitments, Pakistan is a new entrance to the top five countries this year, accounting for 0.69 percent of GDP, according to the Private Participation in Infrastructure (PPI) 2020 Half Yearly Report. The current year’s Private Participation in Infrastructure, according to the report, is unprecedented because COVID-19, which has brought numerous industries, including infrastructure, to a halt. Existing infrastructure projects have been delayed or cancelled since the beginning of 2020 due to supply chain problems, travel and shipping restrictions, and other roadblocks. In the first half of 2020, entire commitments were $21.9 billion across 128 projects in 34 countries, down 56% from the equal period in 2019.COVID-19 has resulted in a considerable reduction in investment project financial closures worldwide, particularly in the East Asia and Pacific (EAP) area.
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Defence Housing Agency (DHA)
The Defence Housing Authority, or DHA, is one of Pakistan’s leading real estate and property development companies, as well as one of the country’s most wealthy housing societies. Because current concepts in the construction of dwellings, infrastructure, and associated critical utilities are readily available, it is one of Karachi’s top builders. The seven largest cities in Pakistan where DHA has expanded are Lahore, Karachi, Islamabad, Bahawalpur, Multan, Gujranwala, and Peshawar. DHA owns and manages thousands of properties around the country. As an investor, you have the option of purchasing a home at market value and leasing it back to DHA. During this time, they are in charge of property management, including the expense of repairs and maintenance. The normal lease term is nine to twelve years. When this period expires, the landlord returns the property, who can either renew the lease or rent it out to the general public. Get the idea from the Kingdom Valley.
Bahria Town
Bahria Town is one of Asia’s biggest property developers. Malik Riaz owns Bharia Town.Hundreds of real estate alternatives are available, including marketable areas, houses, restaurants, plots, villas, apartments, hospitals, and golf courses, among other things.
Naya Pakistan Housing Scheme
The Punjab government has taken the initiative to build five million dwellings in Pakistan, thanks to Pakistan’s prime minister’s vision. An Inter-Departmental Committee for the Prime Minister’s 5-Million-Houses Program met with various stakeholders to set up a Land Bank and evaluate laws, rules, and regulations. Several government departments estimated a total of 153,000 Kanal of land. A new survey is being conducted for this reason. Various finance models have been discussed by the Committee (PHATA Model, Akhuwat Model, Safiya Homes Model, Ashiana Model and IFAD Model). NESPAK has proposed a preliminary plan for low-cost homes in Sialkot and Chiniot. It will be determined where suitable land for the Prime Minister’s 5 Million Houses Program may be found.
Pakistan Dam
The projected Diamer-Bhasha dam, located 320 kilometres north of the Chinese border, was an obvious choice because all provinces agreed on its placement. It would be the world’s highest roller compacted concrete dam, standing 272 metres tall and providing electricity generating, water storage, and flood control. Prime Minister Imran Khan claimed in August 2018, while seated behind a massive desk and staring right into the camera for his inaugural address, that building dams was the only solution to handle Pakistan’s existential water problems. After a few years, the Water and Power Development Authority (WAPDA) has begun work on two major hydropower projects in Khyber Pakhtunkhwa and Gilgit-Baltistan: Mohmand and Diamer-Bhasha.
Zameen
Zameen is one of Pakistan’s most popular property platforms and the country’s first and most prominent real estate enterprise. It was founded in 2006 and has since played an essential role in changing Pakistan’s real estate industry by connecting buyers and sellers through the internet. Zameen is a specialist in establishing real estate limits. It is comprehensive the scope of Pakistan’s real estate industry. It has risen to become Pakistan’s top real estate company in the last five years. It is one of the most important corporate growth models in the digital age.
Conclusion
You will get an honest return on your investment. We only want to draw your attention to the challenges you’ll face after moving in. Also, before making an investment or purchasing a plot or house, go to the office in person to verify the true owner of the property. Agents in the real estate industry can never be trusted. The likelihood of a fraudulent transaction is extremely low.
Author Bio
Muhammad Junaid is a CEO of VM Sol, senior Analyst, and Search Engine Expert. Extensive experience being an IT Manager in NextGen Marketing – Rudn Enclave. Work for years with local and international enterprises. Also, represent well-known brands in the UAE.