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Is it worth investing in Pakistan’s Real Estate in 2023

First, Covid-19 and its aftermath, soon after that political turmoil, and afterwards, the severe economic crisis followed by the flood in Pakistan have severely damaged Pakistan’s economy and different industries, including Pakistan real estate.

After the property boom started in 2010, this sector grew in Pakistan at a rate no one precedented. By 2015 it was amongst the most profitable sectors in the country, indirectly supporting around 200 relevant industries. But this sector is also struggling with all the crises, especially after April 2022. So here, the question arises whether one should invest in Pakistan’s real estate in 2023 or not. Here are all the answers you are looking for.

Is Pakistan Real Estate Safe for Investments?

Considering the current circumstances, investing in Pakistan’s real estate market comes with some troubles ranging from government-imposed regulations and laws to tensions on the political and financial spectrum, all of which have had a significant influence on the property market.

With the new budget for the fiscal year 2022-23, a lot of changes to the tax system and other economic regulations are imposed on this sector. But even after all these circumstances, real is still one of the most profitable investments in Pakistan.

Unfortunately, even after 75 years of independence, being a developing country, we still need more reliable investment avenues where profits are guaranteed. But considering the history, returns, and increased value of assets over time, real estate and gold are still the most reliable investments in Pakistan, where profits are somehow guaranteed.

First, talking about gold, here, investment in gold means investment in bullion. You can rarely find any occurrences in history where gold’s worth declined, or someone lost a good volume of money after investing in gold. It is one asset that always grows in worth almost every day.

But gold is too expensive now, and it is only possible for some to put their money in gold. But on the other hand, there are innumerable options available in real estate for people from all segments of society.

Final Words

Yes, it is still worth investing in Pakistan’s real estate in 2023.

But for guaranteed profits, you must ensure you put money in safe hands. The projects you are investing in must be approved by the concerned legislative and administrative authorities, the developer must have a good history, and the project must be located at a good location.

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