I live in UAE. I planned to buy a house in Karachi from some real estate agent in pakistan. However when I went to search the house in Karachi, some property dealers I got in touch from pakistan property and real estate websites, they recomended me to buy house in Bahria Town Islamabad property or Defense Lahore. I started searching for plots in these areas of Pakistan. The prices of real estate and property in Pakistan went way too high. I was amazed to know that investment in Pakistan real estate had boomed so much and prices had shot up in just 5 years trend of Pakistan Real Estate. Finally I got in touch with some more real estate property dealers in Pakistan and karachi who gave me a guidance to invest in plots and houses for sale in Karachi. I was glad to know that some professional and educatred property dealers in Pakistan are operating beside the fraud hosuing societies in Pakistan. Then I got the phone number of NAB from where I could confirm the authenticity and legal matters of property and real estate in Pakistan. I was suprised to know that some real estate and property dealers were still dealing in fake housing societies of Pakistan. Finally I planned to invest in main famous property investment locations and housing schemes of Karachi Lahore and Islamabad. I considered Bahria Town since it has now got a good name and I felt very secure to invest. The alternate options to invest in secure property and housing schemes were Defense Housing Authority and Morgah. I had a total of 20 Lakh to invest since I live abroad. I finally went to the office of Bahria Town in Islamabad. Their staff was coperative and provided me with all he information. The educated me about Safari Villas, phase 8 development of Bahria Town and informed me why it was recomended to ivnest in Bahria Town Islamabad. Finally I dicussed with other family memebers to get their opinion on this real estate and property investment. They helped me and informed me about property and real estate trends in Pakistan. I was glad that I had done my full research for ivnestment and property in Pakisan. I have now invested in Pakistan Bahria Town in Lahore and I believe I will have some good prices of it in near future.
My concerns about property and real estate are still not washed. I am very uncertain about effect of politics on property and real estate in Pakistan. The stock exchange has picked up in Pakistan due to political situation changes but it is yet to be figured as to what effect it would have on the property and real estate in Pakistan in different housing schemes specifically in Lahore Karachi and Islamabad.
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