Sky-rocketing property prices across Pakistan has made owning property out of reach of common people, thus making way for apartment culture in major cities of Pakistan. Other than continuously rising real estate prices, rapid urbanization and youth’s mindset are other causes which make apartment culture seep through all leading cities. It is not wrong if we say that migration of people from Karachi also influenced the real estate market trends across Pakistan.

According to a recent survey, an increase of 12% to 15% in the apartment developments along with apartment buying has been recorded. Previously, the apartment culture was only prevalent in Karachi but now we can see a tremendous boom in apartment construction in Islamabad, Lahore, and Peshawar due to surge in demand. Amazingly, these apartment projects are not being designed for middle or lower class but there are a number of luxury apartment projects both in Lahore and Islamabad that have been developed for upper class. These luxury apartment projects are usually furnished, semi-furnished and are equipped with top notch facilities.

When searching for investment options how can one decide between an apartment and a house? Here is a guide to help you with your decision.

Posted By: Raheel Posted Date: 2018-09-10