Thursday, October 17, 2024

Some of the factors related to increased real estate businesses in the next few months

(Source: Pixabay)

Even though Pakistan has faced economic crisis during the past several months, it will experience very good situation in the coming six months (such as up to March/April, 2025). An important reason is that IMF approved Pakistan package. It will help in stabilizing the price of dollar in the coming months. It would also help in controlling inflation rate. The interest rate has also gone down from 22% to 17%. It is expected that real estate will experience 5% to 20% increase in rate. It is also expected the electricity prices will go down. Moreover, petrol prices would also go down. New currency notes are also in designing phase, and probably by December they will be finalized, and within next four to six months they will be approved. This can also affect real estate business. For instance, in Faisal Hills, 5 marla plot is available in the price range of about 25 lacs, it would experience an increase in 2.5 to 3 lacs.

Source:

Awan Associates - Pakistan's Property Market: An In-Depth Analysis of Trends and Challenges for 2025 | Awan Associates - https://www.youtube.com/watch?v=QubORrWAvR0


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