Pakistan Property Market revitalised with Bahria Town leading the way, reports Zameen.com

LAHORE, Pakistan - Sept. 13, 2013 - PRLog -- The year 2013 could be termed as a year of affluence for the real estate markets of the world because of the fact that it not only revived the dead property market of Dubai back from the ashes but it also raised the property market of Pakistan to greater levels as per Zameen.com’s recently published report (http://blog.zameen.com/pakistani-property-market-rejuvenated-bahria-town-in-the-forefront-reports-zameen-com/).

It is a fact that such a feat is made possible by the tireless efforts Zameen.com (http://www.zameen.com/) for the online portal has brought together all rental and selling real estate properties on a single platform and provided a convenient access to the general public to facilitate all their property needs.

The research analysts with their minds synched to the property experts at Zameen have concluded that after the dry patch casted by the holy month of Ramadan on the property market of Pakistan, as it is the only year when people pay more attention to spending their money rather than investing it in something good, the real estate of Pakistan seems to be revitalising once again.

While rummaging through the vast database of the online portal Zameen.com, the property research analysts found that apart from all the other major cities, prices of houses (http://www.zameen.com/Homes/Lahore_Bahria_Town-509-1.html) in Bahria Town Lahore seemed to have increased greatly. It was seen by those to prefer to be vigilant in the property market of Pakistan that especially after the Eid-ul-Fitr the market seemed to have roared back to life and the happening almost makes one think that the property dealers have been fasting quite passionately this year for they have been rewarded most generously.

Zameen.com on this occasion took into consideration the opinions of many renowned real estate and interestingly Majid Kayani of Al Samad Estate Islamabad expressed his views in the following words:

“A huge wave of overseas Pakistanis generally returns home around Eid. It is this wave that becomes hyperactive after Eid and causes a surge in the property market.”

Mr Hamid of Hamid Estate Karachi said that the demand has greatly increased in posh areas like DHA. The real estate property of Pakistan is considered one of the most reliable investments as it is deemed as a halal way of investment by its Muslim nation but some strange speculations are taking birth at the feet of the rising property market since many are starting to believe that the sharp rise will give birth to another property bubble. Helpfully enough, Mr Muhammad Rizwan of Rizwan Associates Lahore debunked the baseless concerns as he believes that the genuine buying and selling will continue its journey to prosperity in future as well and the prices shall remain stable.