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Monday, 30 May 2016
How Real Estate is the Best Place to Invest Your Money
Real estate investment is the better option to save your money and secure your future. Real estate investment is profitable and lucrative business because of the fact that communities continue to develop steadily over the years so does the prices of real estate. If you own an investment property, you can expect a great return.
People often chose entrepreneurship to earn wealth and be successful. They struggle hard to make their business productive and gain a good return. But real estate investment doesn’t demand much struggle and offers more profit. Real estate prices are cheaper in Pakistan as compared to international market. You can buy 5 Marla and 10 Marla residential plot in Grand Avenue Housing Scheme, Lahore if you have 15 Lac PKR and 25 Lac PKR respectively in your pocket. Moreover, new phases of DHA are another good option to invest in real estate. Developmental work is underway in DHA phase XI (Rahbar) and cheaper plots can be purchased there.
People are often afraid of expensive property but this is wrong myth. If you work in good company and have enough job opportunities in your area, you can plan out for mortgage and buy a decent property in decent area.
Another reason for “investment in real estate is a better option” is that you don’t know what may be the future prices. I believe that trend and prices always rise up over the years. Rental property makes remarkably good return. Either it is commercial or residential, community plazas or offices, choice is totally yours. But once you are in, you will be proud of your decision one day.
Real estate investment has become popular investment vehicle. Although it is little complicated than investment in stocks and bonds but once you are on track, you will find it much easier. You will be able to predict about the future results no matter what was the past trend. For this purpose, you must contact to a trusted real estate agent who well knows the market trends and can understand your requirements and budget limits.
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Lahore Real Estate Market Witnesses Significant Rise
Lahore: The real estate market of Pakistan is experiencing significant growth now a days. The last month started with a positive note especially for the market of Lahore and Karachi. Islamabad’s real estate market also did not show decline but progress of Lahore and Karachi was far better.
Lahore is gaining significance in the real estate sector and the housing scheme including DHA’s new phases (VII to IX), LDA Avenue I and Bahria Town turned with substantial output.
Islamabad showed stability in prices while Lahore real estate market performed well in last month and its localities are showing controlled growth trend.
DHA Lahore Phases VII to IX experienced a modest rise of 0.98 percent, Bahria Town also gave positive performance and witnessed rise of 1.07 percent, while LDA Avenue I displayed rise of 2.90 percent in the 1-kanal category and 5.45 percent sharp rise for 10 Marla plots, because construction work on houses is underway in this location. Wapda Town also showed minor rise of 0.43 percent. Overall, Lahore real estate market went with reporting no decline.
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