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 have been learning about real estate business in
Pakistan. I have started 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 seen a video, titled, “Big News on Interest Rates,
State Bank of Pakistan, Property Rates will increase, Islamabad Property” on
the channel “Gondal Group of Marketing Islamabad”.
The host tells that real estate business will keep on going
in Pakistan. For instance, only in the areas of Rawalpindi and Islamabad, there
is shortage of a huge number of houses, as the population increases. They tell
that about 2 years ago, prices in real estate went down because of the
political instability. Nevertheless, now chances are high that real estate
business is going to perform better in Pakistan. The host tells that Interest
Rates in Banks were about 22% about two years ago. However, now the interest
rates have declined from 22% to 19.5% and then to 17.5%. It is highly probable
that his interest rate will decline to 13% to 14% in the coming days. So, this
decline in interest rate would cause people to take the money out of bank (due
to decline in rates and profits) and start investing in real estate. Therefore,
rates of properties have started increasing, and at least sale of property has
started. Similarly, many people have invested in gold, and have not gotten much
benefit, and so, they are also returning towards real estate.
Follow my Hashtag #behtareenkitalaash on Youtube: https://www.youtube.com/hashtag/behtareenkitalaash
Sources:
Gondal Group of Marketing Islamabad - https://www.youtube.com/watch?v=H5oVxZElysI
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