Best property investment in Pakistan in 2020
Following a drastic recession, the real estate in Pakistan is back on a growth path and looks set to get even better given that there are a lot of housing schemes under development.
Can foreigners buy property in Pakistan?
While these developments have made the real estate sector more robust and attractive overall, they have also made it difficult for investors to decide on the best investment when looking for one that will provide a comfortable and safe lifestyle. To make that decision easier, we have compiled a list of the best housing schemes and societies you can invest in.
Which Society should overseas Pakistani buy property in Pakistan?
Over the past ten years, the town has become one of the most attractive housing schemes for those looking to invest in residential real estate in Pakistan. The housing scheme has housing in Islamabad, Bahawalpur, Karachi, Lahore and other cities across the country. One of the reasons that have made Bahria one of the best investments in residential real estate is its community lifestyle. The houses are built in the latest architectural styles and modern amenities for a comfortable lifestyle. Additionally, the town provides all the essential amenities you may need including community centers, large mosques, hospitals and state of the art schools.
Located between Islamabad and Rawalpindi, Gulberg Islamabad is a project by the Intelligence Bureau Employee’s Cooperative Housing Society. While Islamabad has a reputation for being beautiful and expensive, the housing scheme has the advantage of being comparatively affordable while still having the beauty for which the capital is renowned for. Still, the biggest advantage of Gulberg is that given its location in Islamabad, you get access to all the important locations and basic amenities of the city. The housing scheme is currently constructing a range of educational facilities and shopping malls to serve its residents. All of these should be ready in a few years when the housing scheme is completely developed.
Defence Housing Authority (DHA)
The Defence Housing Authority is a project of the Pakistan army and is a luxurious and expensive development. While the scheme was intended for in-service and retired army personnel, the general public can buy plots and houses in the development. The DHA has other housing schemes in Islamabad, Karachi and Lahore and other developments in other cities across Pakistan. If you are looking for a classy lifestyle then the Defence Housing Authority scheme is your best bet.
Gwadar Golf City
This is society that is affiliated the tycoon Malik Riyaz. This far the most developed society in Gwadar. The quality of the work some say is similar to Bahria Town. With Instalments plan this is affordable and easy to pay.