Whenever we look around the best investment opportunities in Pakistan, the real estate sector always appears the top option. It is considered one of the major investment options especially when an investor has money in hand and he is looking to make a profit from it. Mostly, the real estate investment is profitable in long-term bases.
However, in Pakistan, it is sometimes become really difficult to analyze the right time of investment because our economic and political stability is mostly questionable. Thus it is vital for a real estate investor to discover how good it is to invest in the property market especially for the coming year 2020.
Rise in Investment in 2020
While the property market might have seen downtimes since the last 2, 3 years due to the unstable political and economic conditions of the country, this time real estate sector is expected to see a rise in investments within the New Year. We expect a rise in investments in the property market because there are several new developments are underway throughout the country that will positively affect the real estate sector upon their completion.
CPEC – A Major Development :
The development of CPEC is on the top among all the other major developments that will affect the real estate sector directly. This project, once complete will open up new doors of opportunities and trade between many countries in Asia. As soon as the development work completes, more Chinese will prefer to live in Gwadar and that will definitely increase the demand for property.
New Government New Hopes:
After the new government took over, the confidence of investors in Pakistan has dramatically improved. The government of PTI has made many new tax amendments in the real estate sector to generate more revenue as well as to regulate this sector as well. Many realtors have considered these amendments; the end of real estate business but these amendments is also a reason for stability in the prices of property.
Dollar Continue to Shed Value & Rupee Strengthen:
The value of the dollar is continuously decreasing and rupee is strengthening. Buyers have already lost their interest in buying the dollar and if this devaluation of the dollar continues, we can expect that more buyers will attract to the real estate sector and invest more and more to earn best.
Modern Infrastructure Developments will Increase the Demand for Property:
High caliber infrastructure developments always have a positive impact on growing property evaluation. And as more quality work and developments are planned and will continue in 2020, we can expect the demand of property will also increase.
In fact, our federal government has already reserved a large part of the budget for infrastructural developments so the development of more attractive shopping malls, beautiful roads, commercial plazas, modern housing ventures, and striking monuments will catch the attention of both buyers and investors.
All these modern developments in Gwadar, new amendments in the real estate sector, new government and new hopes will definitely attract modern investors and clients to invest in real estate in 2020. Moreover, the falling value of the dollar will also force the investors to invest in the best properties to earn handsome returns. So here we can hope that the future of the real estate market in 2020 and onwards especially in Pakistan is really bright and profitable.