Pakistan’s real estate sector hits the brakes

By Uzma Nawaz

The real estate sector in Pakistan is unfolding some interesting scenarios.

Over the past two years, starting from June 2014, the market saw a bullish trend with tremendous growth across all segments including residential, commercial and agricultural land.

There has been an almost 80 to 120 per cent growth in development of commercial projects including shopping malls, purpose-built office spaces and specific industrial zones across the country. The commercial setups based on shopping malls provide investment opportunities to non-business community as well as to purchase the shops and yield maximum profits in the shape of guaranteed rental income.

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