2013 brings new hopes, aspirations and boom for Karachi realty sector
Real estate has ever been believed to be the most risk-free, profitable and Halal business investment in Pakistan. Few performance reports indicate that property prices have been stagnant for over five years but they also mention that real estate activity is gearing up in the major cities. Karachi may be attributed as the worst living place due to political unrest but the fact remains there that it is always touted as the real estate capital of Pakistan. The city has been badly hit by the crises over the past few years but experts believe that city's realty market has still much in store.The number of transactions, which took place during the second half of 2012 and Q1 of 2013, show that there is no lack of demand for properties in Karachi. This shows the worth of Karachi in Pakistan real estate market.