Have you ever wondered about a thing that never depreciates, never fades or grows old – it’s real estate. Even if it has to get older, it yields the better; the more time it takes, the greater it makes. The other fortunate happening is that it is an opportunity that is available on all landforms, all geographies – Globally!
Globally throughout history, there has been an increasing trend in price and worth of lands – whether rural, urban or metropolitan. So what actually makes Real Estate the safest and most lucrative business opportunity?
Real Estate- A secure investment
In last century, millions of people moved from rural suburbs into big cities – for jobs and for better future opportunities. Both, for purpose of living and for earning people are readily investing in real estate for secure their cash inflows. And these demands has grown rapidly over the time. The scope for demand is increasing in Pakistan due to mass migration that is expected to carry on for the upcoming years in future as well. Few important points that have essentially added to overall real estate worth includes
- Ever Increasing Demand for land
- Increasing Rentals
- Technological Advancement in Construction Industry
- Better Road Networks
- Government Initiatives and Subsidies
- Population Pressure
Alone, in Pakistan Real Estate growth has an indirect effect on growth in other sectors of the economy including Tourism, Transport, Electricity, telecommunication, housing and industrial infrastructure. The real estate sector has expanded by three percent alone in the year 2021 following supportive initiatives by Government and huge influx of investments both in the private and public sector. There is a cyclic effect especially when we talk of the construction sector, the multitude of effects in this industry has far flung impact on the economy.
Sapphire Builders and Associates offers an all in one solution to your needs where you can Work, Eat, Greet, Shop and Live – All under one roof!
