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Why to Invest in Barki Road Lahore?

Barki Road Lahore is located near the border Area, and it is a center of education for the border belt. You have to travel 11km from the international airport to reach Barki village. There is also a rangers training center nearby, so the area is relatively safe and sound. 

Barki Road Lahore Location 

Barki Road Lahore Location is significant because of the environment and surrounding that is so peaceful that everyone wants to settle down there. Many Farmhouses offer the opportunity to spend valuable time with family. So, more and more people are coming and investing in this area because they know that this investment will not go vain. 

Barki Road Lahore Directions

The directions are pretty easy because it has easy access from 3 phases of DHA.

Nearby places increase its importance, such as Daewoo Express, Faisal movers, and model town. Moreover, Allama Iqbal International Airport is just 16km away from Barki road Lahore.

No Industrial Zone

Barki road is the prime location for building farm houses because of its serenity and peaceful environment. There are no industries nearby that make it an ideal place to live in. The air and water quality is perfect because of the pollution free environment. Who doesn’t want a healthy life when the whole world is getting sick by industrialization.

Agricultural Land

The land is fertile due to the presence of the Brb Canal that makes the soil rich and beneficial. You can use this agricultural land for crops and farms, you can do gardening and grow vegetables. One can truly experience the ruler lifestyle while enjoying all basic facilities.

Boring Water Facility

You don’t need to spend extra money on buying water because of the availability of boring water. The bore is deep enough to bring out the clean water that is drinkable and healthy. The greenery makes the area more admirable and provides an eye-catching view.

Barki Road Distance from Paragon City 

One of the most significant aspects of its value is that it is just 9km away from the magnificent Paragon city. This society is matchless due to its architecture and facilities. Thousands of people have invested in it because it has changed lifestyles in most modern ways. 

  • Recreational areas 
  • Shopping malls 
  • Colleges 
  • University projects 
  • Proper drainage system 
  • 24/7 electricity 
  • Paragon Cinema

Restaurants at Barki Road 

The restaurants on Barki Road are the complete image of amenities and designs based on international standards. Once you get on the road, you will start experiencing a completely different life full of luxury and peace.

  • Dervish the food Souq 
  • Sizzle and Spice Cafe 
  • Friendly food 
  • Turkish Chicken 

Institutions at Barki Road 

There are many educational institutions which are located on Barki Road. The presence of institutions mainly decides the fate of that place because people love to invest in that place that is near the best institute in the town. So, here are the names of them. 

Barki Road Farmhouses

With the rapid urbanization and mass population, people thought to move out of the city and enjoy a healthy lifestyle in an affordable range. For that, they made farmhouses beyond the hustle and bustle of the big city and provided all the luxuries needed today. You must be curious to know the names so hear me out! 

Investment in Barki Road Lahore

Thousands of people have moved towards the area knowing and realizing its significance. New projects were started back in 2019 and now they are completely occupied. The only reason is that your investment will never be wasted. This area is so rich that anyone who has invested in it is sure about the brightful future.

Princeton Farms

One of the latest projects has emerged on the map of Barki Road that is different from all others due to its world-class amenities. Princeton Farms is a lush green space of over 300 acres surrounded by wilderness and nature. Following are the amenities that are being provided in this beautiful project: 

  • Gated Community
  • Paved roads
  • 24/7 Security
  • High-speed internet
  • Underground Electricity
  • Community Center

To ease the process, we are providing a three-year installment plan that will help everyone invest for a Brightful future. To know more, visit 

https://princetonfarms.com.pk/countryside-life-experience/.

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Sohni Dharti Remittance Program

Over nine million overseas are assets of Pakistan and the government must appreciate their role in bridging the gap between exports and imports of the country. For that, the government initiated a program named the sohni dharti remittance program.

What is the Sohni Dharti Remittance Program?

The Sohni Dharti Remittance Program aims to encourage non-resident Pakistanis to use legal banking channels to send money to their families in Pakistan. It is a point-based loyalty programme in which remitters and their beneficiaries earn reward points by sending remittances through formal channels (SBP-regulated entities) and redeeming those points for free services from participating public sector entities (PSEs).

Why SDRP was necessary?

We all know that Pakistan has been in debt to IMF for years and we are not coming out of it. We are stuck in such a circular debt that we are unable to cope up with our internal situation and on the other hand, we are unable to pay it back. Pakistan’s total loan from IMF 2021 was 52.366 USD bn. We need more dollars to add to our country’s wealth. For that, there were only one solution “remittances from overseas Pakistanis”.

Basic features

  • Overseas Pakistanis are eligible to participate in the programme.
  • The programme App will be used to register for the programme and track reward points.
  • Reward points are calculated and awarded automatically.
  • If points haven’t been awarded automatically, the Self Award feature can be used to generate a request for them.
  • 1 loyalty point is the same as 1 PKR.
  • Loyalty points are awarded as a percentage of the remittance transaction value based on the following loyalty categories.
  • All members will belong in the Green category by default at the start of the Fiscal year.

Sohni Dharti Remittance Program App

1 LINK has developed and launched a mobile app for Android and iOS that allows users to register as a Remitter (a person who sends money) and earn points on remittances sent to Pakistan through specific financial channels. Remitters can enroll their beneficiaries (money receivers) and transfer loyalty points to them using the Mobile App. To know more, you can visit https://1link.net.pk/sohni-dharti/.

How to get registered to SDRP?

Sohni Dharti Remittance app is available on both Google Play Store and the Apple Store. Furthermore, the sohni Dharti Remittance app is completely secure and was developed by the Pakistani government, so feel free to download and use it. After you’ve downloaded the app to your smartphone, you’ll need to create an account to use it.

Award Categories

There are three SDRP award categories according to the points and how much money you have sent in the country.

    CATEGORY      ANNUAL REMITTANCE AMOUNT     AWARDING RATIO (% OF REMITTANCE AMOUNT)
   Green     Up to USD 10,000        1.00%
   Gold     Up to USD 30,000        1.25%
   Platinum     More than USD 30,000        1.50%

Redemption Benefits

There are many benefits for the users of sohni dharti remittance app. Let’s take a look at them!

  • PIA: Intl’ Air Tickets, Payment for extra luggage on PIA int’l flights
  • FBR: Mobile Phone duty payment- personal baggage Tax payment on the purchase of locally manufactured vehicles Payment of Duty on Imported Vehicle
  • NADRA: Renewal of CNIC/ NICOP
  • Passport Office: Renewal of Passports
  • State Life/ Mo OP&HRD: Life Insurance premium payment
  • Utility Stores Corp: Utility Stores purchases
  • BE&OE: Payable Fee
  • FIA (non-monetary): Separate counters for priority clearance

Update on the Program

PM Imran Khan inaugurated the sohni dharti remittance scheme on 25th of November hoping that it will help the country in many ways. While addressing, PM Imran added that the government was working on a plan to give overseas Pakistanis concession in taxes as well. Through that you can invest in Princeton Farms.

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Mera Ghar Mera Pakistan

With the rising population, the need to build new houses also increased. Currently, Pakistan is facing this problem because millions of people do not have their own houses to live in. To deal with this problem, the government of Pakistan has started a project of Naya Pakistan Housing Scheme ( Mera Ghar Mera Pakistan).

Naya Pakistan Housing Scheme

Government has established a housing task force under this initiative that includes experts such as builders and architects. It will be an autonomous authority that will work under an independent board of directors. The Prime minister will supervise the whole task force by himself.

Goal of Naya Pakistan Housing Scheme

The goal is to address the problem of housing shortage in the country. The authorities will work on every possible task that will help to make affordable housing a reality. Districts that are included in this scheme are as follows:

  • Islamabad
  • Faisalabad
  • Quetta
  • Muzaffarabad
  • Swat
  • Sukkur

Benefits of Housing Scheme

There are millions of people in Pakistan who do not have shelter to cover their heads. This is also the reason for poor hygiene and bad health conditions. The new housing scheme is going to be a successful project in the future as it has come up with several benefits. Let’s look into them!

  • The struggling class of society will be upgraded.
  • Unprivileged people will be able to have their own houses.
  • It will be an open-source of investment.
  • This scheme will be a source of empowerment.

Facilities offered in Naya Pakistan Housing Scheme

The purpose to establish a task force is to provide all facilities to the people such as

  • Roads
  • Electricity
  • Security System
  • Parks
  • Mosques
  • Commercial Area
  • Community Center
  • Sewerage
  • Water Supply
  • Fiber Optic Internet

Who Can Apply?

Naya Pakistan housing scheme eligibility criteria is not much complex. You must keep following points while applying.

  • Applicants should be residents of the mentioned districts.
  • There must be no other property in his name.
  • He can apply for the quota announced by the government.

Payment plan of Naya Pakistan Housing Scheme

In Punjab, those districts were kept in consideration that is in utter need of new houses. They include Bakhar, Layyah and Quaidabad. Here is the payment plan for 3 Marla houses.

No of beds Stories Total amount Down payment
One Single Rs.18,90,000 Rs.1,89,000
Two Single Rs.21,80,000 Rs.2,18,000
Three Double Rs.27,65,000 Rs.2,76,500
Four Double Rs.29,30,000 Rs.2,93,000

Naya Pakistan Housing Scheme Loan

Banks are offering home loan facilities with reasonable terms and conditions that allow for payment to be made over a period of up to 20 years. So, if you’ve applied for this affordable housing project, be prepared to pay a 20% down payment while the remaining 80% will be paid by the bank. The owners of Naya Pakistan Housing Scheme payment plans will have to pay an additional 10% markup.

Latest updates

On Friday 19th of November, Prime Minister Imran Khan said it was for the first time that the people who could never afford, now own a house of their own, while no government in the past cared for the low-income segments of society who had no shelter. The PM visited the site of 4,400 under-construction houses under the Naya Pakistan Housing Project. PM is appreciating the fast pace of construction and the coming years will prove to be prosperous due to this project.

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Countryside Life Experience In Pakistan

Living in the countryside gives you access to so many wonderful things, including the natural world, the unique texture of small-town life, and the incredible experience of open space. Countryside specifically refers to non-urban areas having small settlements and large farmlands. People living here often get involved in agriculture. Some raise domestic animals to get benefits and do small business. One must choose country life because of the following reasons:

Peaceful environment

Nature Is evolving and we have already made so much destruction with no planning for the future. What can we do now? We can make a safe place for ourselves. The most important factor is the environment that this lifestyle offers. You can enjoy the most peaceful time and breathe fresh air. In the countryside, greenery is enough to heal your soul. It is said that if you care about nature then nature heals you back. This is what the world is finding now because people are exhausted and tired. Humans cannot rely on machines for twenty-four hours. They need relaxation and tranquility too.

Healthy lifestyle

Countryside experience gives you a healthy and wealthy life. On one hand, air is clean and on the other hand food is hygienic. The dairy products that are produced here have no match. That’s why we hear that people living in villages have long lives. They enjoy good health as compared to the walking zombies of cities.

Achieve More

Have you heard that all big pieces of art were created in loneliness? Yes, that’s true. Your work needs focus and all your attention if you want to achieve something great in life. You can definitely work on yourself in peace and think more openly in such kind of environment.

Do You Want to Experience it?

Who doesn’t want to live this type of  life that is offering him/her everything that is the need of today such as good health, long life and never-ending happiness. In Pakistan, you have not experienced such things yet.

Farmhouse in Lahore

There are many farmhouses in and around Lahore that offer spaces for gatherings, marriages and other ceremonial activities. But, none of them give any countryside life experience.

Princeton Farms (Exclusive Country Living)

This project has proved to be a shining star in dark times. This is offering countryside life experience at reasonable prices. They are providing a complete gated community that is secure and clean. There are different sizes of lands with all basic facilities. This is a place where you can see how life can be revolutionized in a different way. If you want a get together or a place to relax then this is the best among all other farmhouses in Lahore. There are following amenities that Princeton Farms is offering

  • Paved Roads
  • Gated Community
  • 24/7 Security Survillance
  • High Speed Internet
  • Eco-friendly Environment
  • Organized Community
  • Florida Style Architecture
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Best Investment opportunities For Overseas Pakistanis

Over the years there has been an increase in the investment opportunities in Pakistan. And these opportunities are open for overseas Pakistanis. To nurture the relation between Pakistan and Overseas Pakistani, the government has established OPF (overseas Pakistani foundation) to assist the Pakistanis that are overseas to make safe investments. This is a beneficial connection for both the overseas Pakistanis and the government. These remittances have a great impact on the country’s development.

Real estate industry

People living outside of Pakistan usually send the money for family support and to invest in Pakistan. One of the most lucrative industry to invest in Pakistan now is the real estate industry. The investment in real estate is one time and if you buy a property its value will appreciate over time. To urge people to invest more in the industry, government is taking initiative and creating more opportunities. Do you want to know about some amazing opportunities to invest in? we have compiled a list of great investment opportunities for the overseas Pakistani.

Bahria Town Karachi Overseas Block

Bahria town developers have a web of very successful projects all over Pakistan. Providing exclusive lifestyle and all the luxuries is one place away from the hustle-bustle of the city. We all are aware of the traffic congestion and the pollution increasing by the day in Karachi. To facilitate the people with a more exclusive and healthier lifestyle, Bahria developers have launched the Karachi Overseas block for the people living abroad. The success of all the bahria projects is the evidence of the amazing investment opportunity for the overseas Pakistani.

Capital Smart City

The overseas capital smart city block is an amazing opportunity for the people living abroad, this project has great potential for high profits and its approved legal by the RDA. This is an opportunity for the overseas Pakistani, with its proximity to the Islamabad International Airport it is located at on one of the prime locations of Islamabad. Pakistan’s first ever smart city that accommodates local and overseas Pakistani. The society have top notch security details and the heighted overseas block provides for the killer view! The city is surrounded by beautiful Khairi Murat hills and the beautiful lakes, making it one of the epic investments you can make.

The other smart city approved by the LDA is in the city of lights. Lahore smart city provides for a lucrative investment opportunity for locals and overseas Pakistani. The society offer the plot cutting of 5 Marla, 10 Marla and 20 Marla and the price difference between the executive and overseas Pakistani is just 10,000 RS. With all the amenities in place this is a great opportunity for investment.

POREF

Pakistan overseas real estate forum is the initiative taken by the government to create more investment opportunities for overseas Pakistani. A forum to accelerate the construction and development operations in the country, benefit the economy and create more jobs for Pakistanis. It is meaningful and a secure investment opportunity. It also gives FBR immunity to the investors, as the government have been taking a lot of real estate projects. With a lot of promotional activities scheduled for future, this will be a secure and profitable investment for you.

If you haven’t thought about investing in the real estate before, you should do it now. In the upcoming year this industry will provide for high profits. This is your chance to invest in your home country for a secure future. While investing in any project, the safety of your investment can be a prime concern. These investments are secure as they are overseen by the governmental bodies and the developers are trustworthy with their amazing records of project completion. Avail these amazing opportunities right now and secure your future and investment.

Food Chains

Food is a love language for the people of Pakistan. All the gatherings are incomplete without different varieties of food. I mean who doesn’t love food? Food chains are very successful in Pakistanis. Making it one of the most lucrative investment in Pakistan. Pakistani enjoy different variety of foods and their taste buds are no joke. That is the reasons that many investments are going to the fast-food industry of Pakistan. It is literally a ‘FAST’ way of earning high profits over the years. If you are interested in this opportunity, then don’t waste a moment and invest in this budding industry.

Invest in Gold

Just like the real estate industry the investment in gold doesn’t require extra investment. It is a one-time investment and whenever the prices of the gold peak, you can easily cash out high profits. You don’t have to sell it right away, it can accumulate more value over time, hence it is a goldmine for the investors. You can acquire the gold when the prices aren’t high, and you can sell it all out when the prices skyrockets! Hence it will be affordable and highly profitable over the years.

Other opportunities

Some of the other amazing options include investing in the sports gears, Pakistan is currently exporting high quality gears to many countries. One of the other opportunities is investing in stocks or bonds. The most amazing new opportunity is the boom in the marriage services. There are many marriage halls being established, making it an amazing opportunity to invest in for high return of profits.

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Roshan Apna Ghar Initiative

Prime minster Imran Khan started an amazing initiative for overseas Pakistanis. The Roshan Apna Ghar scheme aids the overseas Pakistani to invest and own properties in Pakistan with the help of Roshan Digital Account. This initiative helps the overseas Pakistanis to invest in safe and secure opportunities. The non-residents of Pakistan can purchase and can obtain financial aid to own a house in the country. According to the PM this initiative can be a game changer for the account deficit of Pakistan.

The overseas Pakistanis are a great asset for our country, but their potential had never been recognized before and hence they have never been given initiatives and secure options to invest and bring the dollars in Pakistan. The Roshan initiative is a huge step for a Roshan Pakistan. It can aide the overseas Pakistanis for safe investments and in return the dollars decrease the gap in exports and imports.

According to the PM, Pakistan can greatly benefit from the investment potential of the overseas community, their technical skills, and their expertise in the long run. And it can be very beneficial for the Pakistani economy. In the past the non-residents were hesitant to invest in real estate in Pakistan because of land grabbing mafias. But with Roshan initiative the banks will provide honest investment options and loans to own properties in Pakistan to the non-residents.

Roshan Digital Account

Roshan digital account is the facility provided to the nonresidents by the government to help them with the banking facilities in Pakistan. It gives them the access to Pakistani banks without a consulate, embassy, or physical bank branch. Non-residents of Pakistan face a lot of trouble to invest in Pakistan, but the RDA simplifies the whole process for them. The process is quite simple and entirely digital to make the Pakistani banking facilities more accessible to overseas Pakistanis.

RDA also helps the overseas Pakistanis with various investment options that are safe and secure. The RDA initiative helps to keep the money safe and bring wealth in the Pakistani economy. With RDA accounts the nonresidents can also buy stocks and governmental bonds. They can invest in different industries, buy a house or a car. It broadens the investment spectrum for the overseas Pakistanis.

The banks that provide the RDA services are

Roshan Pakistan

By providing a safe environment for investments and housing opportunities, we have opened a door with new possibilities. A feat that will help build a Roshan Pakistan. With the help of state bank, the federal government started an initiative under the pretense of Roshan Digital Account including the Naya Pakistan Certificate, Roshan Apni car and Roshan Samaji khidmat programs. These initiatives will help the economy of Pakistan immensely by making the overseas feel at ease with safe investment options.

Many of Pakistan’s banks have helped provide amazing opportunities to attract overseas investments. In the past the overseas did own the properties but it was a very risky thing because in their absence the land grabbing mafia used to covet their land and they used to harass the non-residents. The Roshan Digital account have collaborated with commercial banks and the RDA to provide for easy access to investment opportunities and to protect the investment of overseas Pakistani from kabza groups.

Features

Here are some features to note regarding the initiative

  • For pre-approved projects off-plan financing is available
  • Every property purchased through this initiative will have free insurance.
  • The loans provided are convenient and highly- flexible, providing tenure for 3-25 years.
  • There are two types of modes available financially, conventional, and shariah-compliant.
  • You can add other non-residents as co-borrowers.
  • Financial rates are highly attractive.
  • The non-residents don’t have to be physically present. Except for non-lien-based financing.

Process of buying a property through Roshan Initiative

The process of buying the property through this initiative is quite simple and easy to understand. There are some commercial banks in collaboration with RDA that provides the services of Roshan initiative. The non-residents can buy the property by using their Roshan digital account with easy-to-follow step.

  1. First, you need to visit the websites of the banks that are in collaboration with RDA. These banks include,

Bank Alfalah, Meezan bank, HBL, UBL, Standard Chartered Bank, Faysal Bank, Samba Bank and Muslim Commercial Bank.

  1. Then you need to select the property and provide the copies of all the mandatory documents.
  2. Then you need to nominate a person in Pakistan as you won’t be present physically for the sale and financial transaction.
  3. Next step is transfer; the property will be transferred to the investors name.
  4. The bank will hold onto the payment for the screening and valuation of seller and the property.

There are a few other things to keep in mind before proceeding with the home financing.

Based on the applicant’s cash flows and repayment capacity, the applicant can select the property before or after applying for the loan. Secondly if you are applying for a lien-based financing then there is no requirement of co borrower. But if you apply for non-lien based one then you need a co borrower as their presence is mandatory. And the last thing is that Roshan initiative supports self-chosen properties as well as banks chosen properties.

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Characteristics of a good housing society

What makes a good housing society? Are you looking to move into a housing society and don’t know what are the key features a society must have? Well don’t worry we have got your back. This blog will cover all the aspects of a good housing society. You might be wondering why there are some societies that are more popular than others. It is all because of the features and amenities it offers to the customers.

Even while investing, the investors look for developers that have a good completion rate in the past. It ensures the completion of project, and their investment remains safe and secure. A housing society with good characteristics will attract more customers that will bring profit for the investors. So, it is important to know what kind of aspects make a good housing society even if you are an investor, a customer or looking to introduce a new housing scheme.

In this blog we will cover the important features of a good housing society. These features include.

  • Gated community
  • Connectivity and proximity
  • Strong Social infrastructure
  • Eco-friendly and healthy lifestyle
  • Secure and safe environment
  • On-site maintenance
  • Trustworthy developers
  • Authorized
  • Affordable prices and Installment plans

Gated community

One of the most important features of a good housing society is controlled entrances and secure gated perimeters. Security and safety is one of the prime focus while buying a real estate property. That is why gated communities are all the rage in the industry.

But how do they provide us that security? The society is enclosed, by a wall or a fence the perimeter is secured and at high points professional guards are placed to ensure that no one can enter the society without authorization. The main and secondary gates are surveyed 24/7 by the trained guards that make sure that no unauthorized person can enter.

The controlled entrances make sure that only dwellers and approved guests can enter from any point of entry for a secure environment. The gated community don’t just secure you from thieves or petty criminals, it also reduces the traffic and the noise or pollution that comes along with that. By ensuring these measurements are being properly followed, we provide for a safe and peaceful environment where you can be free of worry and your children can grow without fear or worry.

Connectivity and proximity

The next most important aspect while deciding to invest in a housing society is the location. Would you live in a faraway place with unpaved roads in isolation? No right? Because it does not make any sense to buy a property in a place where you cannot get the basic facilities and its situated somewhere deserted and there are no hospitals in sight. And what makes it all worse is there are no paved roads.

Connectivity is a basic human need. We like to stay connected not just to our people but also to the facilities that makes us feel content and secure. For example. Princeton Farms are located 15 minutes’ drive away from the metropolitan Lahore. the perfect distance to enjoy the noise free environment but also able to enjoy the nearby facilities such as the restaurants.

Strong Social Infrastructure

A strong infrastructure and the well-planned society make the other societies bite the dust. This the top characteristics of any good housing society and what sets one apart from others.

A good housing society must have a well-connected network of paved roads, modern architecture with modern facilities, a secure network of underground electric wires, proper sewage system, green belts and parks are some of the features that can set apart a society and put them on top of the list. A well-planned housing society makes sure of a healthy and content lifestyle. And a good housing society provides you with just that!

Eco-friendly and healthy lifestyle

With the alarming increase in the global warming and pollution, it is important for the housing societies to be responsible and make sure that they are introducing a sustainable lifestyle.

Using healthy alternatives such as solar panels for solar powered energy and to plant more trees to ensure a healthy lifestyle is important for any housing societies. Controlling the pollution and reducing the noises lead to a quality lifestyle and makes sure that we are sustaining the environment for the future. While making sure that there is no hindrance in the quality of those facilities. For example, if the society decides to use solar alternatives. They need to make sure that the customers get the proper wattage.

Secure and safe environment

Security is the key for a safe environment. The housing societies need to provide the dwellers with top-notch security details around the clock. 24/7 security surveillance including camera and physical surveillance is vital for a secure housing society. This is what makes your customers feel at ease with their investment and to grow in the society with their family.

Affordable prices and Installment Plans

There can be some housing societies with heavy installments and prices over the roof. So, while looking to buy or invest in any project, research properly and look for project with affordable prices and easy installment plans to not put a financial strain on yourself.

Providing the public with strong infrastructures and state-of-art amenities makes the housings that much difficult to afford. But it is important to keep the prices and installments affordable to attract customers from all backgrounds.

As for the installment plans, they are the fuel for the real estate industry that makes it possible for everybody to afford things that they cant otherwise. Making it somewhat a catalyst for the society. So, it is important to keep installments plans easy to afford and make the payments small.

On-site Maintenance

One of the features that’s sets you apart from others is the fact that you can provide on-site maintenance to your customers. So, whenever they face a problem, they don’t need to look for technicians or plumbers from outside the society and you provide them with the trained individuals to help them in keeping up of their homes. Your customers will feel more at ease with the help that you provide and that will make them stay and have a good experience.

Trustworthy developers

Before buying a real state, property or investing in one, we want to look at the completion rate of the developers to make sure that your investment is safe and that they are going to provide you with everything written in their plans.

The reputation of the developers sets the standards for the housing society, and it is one of the most important things to consider for a safe and profitable investment.

Authorized legally

For a safe investment it is important to make sure that the society you’re looking to invest into is approved by the concerned authority. If the society is not authorized by the concerned authorities, it can a target for investment frauds. So, it is important to make sure that the investment is safe by checking with the legal authorities.

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Top 3 Problems faced by overseas investors

Pakistan’s real estate industry contributes a large part in the overall economy. And it is one of the sectors that generate the most jobs and wealth in the economy. Even though the real estate industry is a stable sector to invest in, but the economic and political instability have made the investment in this sector a lot more challenging.

There are many challenges in the industry over the years faced by the investors. The world hasn’t been able to heal from the covid destruction. The hit by the virus has played a great part in the overall instability of the real estate industry.

Over-Regulation

One of the main reasons, why the real estate investment is obliterating is the high taxes on the investments. After the taxes imposed by the government over the years the whole sector investment is shrinking. Ban on non-filers and other FBR restrictions have discouraged the investors and due to this phenomenon, the real estate industry is crumbling, and it is in a volatile state.

The high taxes and strict regulations make it harder for the overseas Pakistanis to invest the industry, which is not a good indicator for our society and economy. Too many formalities and strict regulation for overseas investors is never a good thing. They don’t get high returns in profit causing them to divert the investment to other countries with a stable and developed economy. The infrastructure of Pakistan is also weak hence causing the distrust in the investors regarding the investment.

Fast Changing Policies

There has been a lot of economical changes since 2017 and the recession regime in 2018, causing a lot of economical, industrial, and political issues. These issues caused lack of confidence and changes in the real estate policies. The fast-changing policies makes the investors lose trust and confidence in any investment. Especially for overseas Pakistani who are not even in the country to adjust with the pace.

So usually, the investors start backing out and it causes a strain on the economy of Pakistan. During the online surveys it was found out that most overseas Pakistani are interested in investing in Pakistan especially in the real estate industry. But Pakistan’s rank out of the 129 countries have decreased a lot. Due to the economic pressure, changes in the policy and the strict regulation the overseas investors pull their investment form Pakistan and divert them elsewhere.

Safety of investment

One of the prime concerns for the overseas investors is the safety of their investment and are the development speedy or not. Are the developers trustworthy? And what kind of plans the will be following and how they align the guidelines provided by the government of Pakistan.

There have been a lot of fraud investments and in most cases the investment is not even recovered. Due to these obvious reasons, the overseas investors are hesitant to put their money in Pakistan’s real estate industry. The projects have good plans and yet they are never complete making it easier for investors to lose their money rather than earning safe profits.

The assurance and security of the investment is important to any investor. The government is taking more initiatives to help overseas investors invest in Pakistan without having to worry about how it is going to work and whether they will receive any profit on it.

Some of the great options to invest in Pakistan real estate sector is to invest in development started by the governmental bodies that are authorized and have a high completion rate. Such as Smart city overseas block (Islamabad and Lahore), Bahria Karachi Overseas block, Princeton Farms Barki road Lahore etc.

Government is taking steps to ensure that your investment is safe and to bring in the market and cash flow in Pakistan to stabilize the economy.

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Why a farmhouse instead of a simple house?

Are you tired of your repetitive lifestyle? Do you want some change in your life? Would you like to spend some me-time away from all the hustle-bustle of the city and the responsibilities of your home? Then it’s time you invest in a farmhouse.

Away from all the noise and tiresome cycle of life, you can spend some time with your family and friends. But why a farmhouse rather than a simple house? Well, the answer is simple. For a getaway! Farmhouses provide you with beautiful sceneries and a place to de-stress. You probably built your home in a very busy part of the city to be near all the facilities and to live a comfortable life.

Farmhouses are usually far away from the hustle-bustle of the city and away from the noise. You can enjoy serendipity. Get in touch with nature and spend some time clearing your head. The daily routine can take a toll on your health so it’s important to have a vacation away from the busy schedules of life.
The other plus point of owning your farmhouse is having a perfect venue for any of your events. You just need to decorate and it’s all more comfortable because you can set your own pace and no need to make early reservations.

It can be a perfect venue for all the events, including parties and get-togethers. You can also rent it out when you’re not using it for events and to people looking for a peaceful weekend. That way you can use it as a source of additional rent income while it’s not in your use.

It can be a perfect place to plant and grow all your favorite plants and vegetables. What can be better than homegrown vegetables and plants? It adds to the beauty of the farmhouses and well it’s hard to plant everything you want in your city homes. And all the pollution is harmful to the delicate plants. So a farmhouse away from all the pollution is an ideal place for you to enjoy homegrown vegetables. You can also breed your livestock if you are interested.

During the hectic routine of life, we forget to take a break and spend some meaningful time with our loved ones.  Farmhouses allow you to spend your quality time in a healthy and spectacular environment.  You can enjoy all the luxuries minus the hectic routine. It can be the best time for you to reconnect with yourself and your loved ones.

Owning a farmhouse makes your life a lot more enjoyable and rewarding. There are many developed farmhouse communities nowadays that provide you with the best location. Such as Princeton Farms, they are striving to provide you with the best and most luxurious accommodation in Lahore. Away from all the hustle-bustle, the location is beautiful and a perfect spot for you to enjoy the time to yourself. Farmhouses are a very good investment for you and your family. And simple houses can’t provide you with these amenities especially in a metropolitan city such as Lahore.

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