Investment in Pakistan real estate need to be cautious

On the first day to Islamabad, the reporter's predecessor gave a very serious account: "The rented house was rented three years ago at a monthly rent of $ 830. The contract will expire in July 2007 and foreigners Renting in Islamabad is generally $ 2,000 a month, so you have to be prepared to keep it under pressure. "Like the neighboring countries, the real estate market in Pakistan has been very prosperous in the last two years and Pakistan has opened up its real estate market to China, Few Chinese companies turned their attention to it. However, experts believe that investment in the real estate market in Pakistan still needs to be cautious.

Construction sites all over the major cities

At the intersection of Faisal Boulevard and Jinnah Boulevard not far from the press station, there was a particularly noticeable site surrounding the wall. The Tami Group in Saudi Arabia is here to invest in a large complex of 37-storey super-five-star luxury hotels, 19-storey apartment blocks, 22-storey office towers and 5-storey shopping malls. Although the project has just started, but looks like the Louvre glass pyramid entrance of the sales office has long been whereabouts. In Pakistan, big projects like this can be found everywhere.

Pakistan's economy has developed rapidly in recent years. The most obvious manifestation is that more and more construction sites are under construction. Various shopping malls, modern design garden houses, office buildings and skyscrapers continue to emerge. The development of the real estate and construction industries has also led to the rapid development of related industries. Steel, stone, cement and other building materials have become the hot spots for consumption in Pakistan.