The real estate market in short supply


Huge population base and housing status show that Pakistan real estate market holds a huge demand for space. In the fiscal year 2002-2003 , the growth rate of residential housing in Pakistan was 3.3% . The average growth rate in 2004-2007 was 3.5% . Pakistan's real estate market is undergoing a period of prosperity and development. According to estimates by the Pakistani Investment Authority in 2006 , the annual demand for housing in the entire Palestinian territory is about 650,000 sets, but the annual construction capacity is only 350,000 sets with a gap of 300,000 sets. The capital, Islamabad, has a population of about 7.5 million and housing needs of about 125,000 units, with an additional demand of about 4,000 units each year . Most international diplomatic and Pakistani government officials live in this city. As Islamabad has a beautiful environment, real estate in Islamabad is considered as one of the long-term investment projects with appreciation potential. Karachi is Pakistan's largest commercial center, currently has a resident population of more than 16 million people. The middle class and the rich account for about 20% of the total population. The population capable of purchasing high-grade residential buildings is over 2 million. According to the calculation of 6 persons per household , the potential high-end housing demand is about 330,000 sets. The high-end residential area of ​​Karachi is well developed Market prospects.
Pakistan Real Estate Management Companies


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