Friday, September 6, 2024

Post 1/30: Investment in Real-Estate in Pakistan can be Profitable, but at a cost

(Source: Pixabay)

I thought of learning about different aspects of Pakistan, as I want to do something for it. Therefore, I started with some of the well-known indices or reports that would help me in gaining more information about Strength, Weakness, Opportunity, Threat (SWOT). These were 12 posts. You can search my posts related to Pakistan by typing: #UsmanZafarParacha_Pakistan

Now, I am going to learn about real estate business in Pakistan. Obviously, I will start from Youtube videos and hopefully during my learning Journey, I will get some more useful resources to move ahead in this learning and perhaps entering into the real estate business.

I have started with a video, titled: How Much Profit You Will Get If You Invest In Real Estate Pakistan? How Much Profit In 3 Years?” on the channel “Property Vision TV.”

The host of the video says that investment in property (real estate) is good and it nearly doubles during the next two to three years. One of the reasons behind this increase is that no one (from outside) is appropriately investing in Pakistan. Due to this, the host tells that the rates of assets have increased. For instance, rates of cement have increased (nearly doubled) during the past few years (2 to 2.5 years) that is also one of the reasons for the increase in the rates of apartments. In the same way, labour (fees) has also increased as cost of everything has increased. Moreover, all types of machinery (that coming from outside of Pakistan) have become costly, and one reason is that of increased rate of electricity.

The host also tells that population is ever-increasing. Every year, 80,000,00 new (people) born. Many people are getting married. All they require, food to eat, clothes to cover their body, and houses to live. All these things are increasing in cost.

The host also tells that about 20% people in Pakistan are really rich people. They can purchase property.

The host is not sure about plots and files, but he considers apartments, shops, and offices in buildings, where work has constantly been done, important in terms of profit. This can be considered one of the most beneficial way of doubling your money in business.

Follow my Hashtag #behtareenkitalaash on Youtube: https://www.youtube.com/hashtag/behtareenkitalaash

Source:

PROPERTY VISION TV - https://www.youtube.com/watch?v=jdOTgMK3MGA

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