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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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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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