Future Growth Prospects of the Real Estate Industry in Lahore
The real estate business in Pakistan is in a booming phase. Prices are expected to increase in the future, it’s about Best investment opportunity in Lahore and investors are keen to invest their money in Lahore.
It is always a wise decision to invest in Commercial Shops and modern corporate Offices in Gulberg, as Lahore is one of the best places to invest in Pakistan. Bahria Town is also a great project where development has caught people’s interest. Gulberg and LDA (Lahore Development Authority) Avenue are affordable options.
Due to increased demand, a number of projects have been introduced in this city. Many overseas Pakistanis feel attracted to it and want to invest in lush areas of Lahore. Elite Class Living and luxury offices is a choice for everyone. These projects are struggling to provide Lahore residents with all the world class facilities.
The situation with regard to law and order in our country was not so good, but has meanwhile improved considerably. It has helped to boost the trust of citizens and investors, and it will encourage investment in local real estate.
On the other hand, taxes and other charges are rising steadily, which somewhat reduces people’s purchasing power. It is a fact that if the government does not take appropriate action, it is likely to hinder the progress of this fast-growing, high-potential industry.
Despite these problems, the future of Lahore’s real estate industry looks very bright and it’s a good time for investment.
Problems of the Real Estate Industry in Lahore
Like other real estate markets around the world, Lahore’s market is also exposed to price fluctuations in real estate, activity and investment trends. The activity has been slow in recent years due to the increased taxation of real estate transactions by the government.
The political turmoil is having a negative impact on any business, and real estate is no exception. Some are reluctant to invest because of this. The economic conditions of the country are tied up due to political demonstrations.
These political activities have strongly influenced the local real estate business. High taxes have been charged and transfer fees have also been increased. This has reduced profitability as the government has levied many transfer fees.
Investors are unwilling to invest to generate low returns as these taxes have impacted the real estate industry and its rapid growth.
The Best Tips for Investing in Lahore
Lahore, the second largest city in Pakistan and capital of Punjab, is developing rapidly. The real estate sector in Lahore has always aroused the interest of people who have provided excellent results and investment opportunities over the past decade.
Below are our top tips for result-oriented investment in the beautiful and ever-growing city of Lahore.
- Defence Housing Authority (DHA)
- Bahria Town
- Valencia Town
- Wapda Town
- Model Town
- Lahore Cantt
Grand Square Mall Gulberg Lahore
Lahore’s Grand Square Mall is Salman’s latest milestone project and is being marketed by Colliers’ marketing consultants. The project is located in the most ideal and best developed location of Lahore in Gulberg 3. It offers all modern facilities and amenities at reasonable prices. The project has all sizes of commercial units, offices, game area, food court and roof garden. All amenities are available under one roof. This is a unique opportunity for any type of investment involving all local and international brands. No shopping mall is complete without a good dining experience. The food court of the Grand Square Mall has been designed exclusively for high demands. The project consists of 14 floors specially designed to meet the needs of caterers in any office size.
The location for any commercial project and mall is the most attractive and successful key. The Grand Square Mall is ideally located in Gulberg, on the main Gulberg Boulevard in the city center. Just a few minutes drive from Liberty Market, Kalma Chowk, M M Alam Road and Firdous Market.
Facilities & Amenities
- Prayer hall with necessary facilities
- Parking with valet parking
- Toilets equipped with the latest facilities
- Disposal of solid and liquid waste system
- 24-hour video surveillance and fire protection
- High-speed elevators and escalators
- Reliable standby generators
- Tiled floor
- Roof garden
GRAND SQUARE MALL is Best Investment Opportunity in Lahore facing Ali-Zaib Road on one side and Main Boulevard Gulberg on the other side.