This weekend, the Dubai World Trade Center will host the popular Pakistan Property Show (PPS) 2022, which is organized by Zameen.com, the country’s leading real estate company (September 10 & 11).
Numerous Gulf-based Pakistanis who live abroad have attended past events and shown a strong interest in the projects on exhibit from Lahore, Karachi, Islamabad, Peshawar, Faisalabad, Multan, and other major cities.
More than 60 exhibitors will be present at the two-day expo, which will also highlight more than 200 of Pakistan’s top projects. Important Pakistani and Emirati leaders, including Dr. Faisal Ikram, President of the Pakistan Association Dubai (PAD), Director General of the Dubai Land Department H.E Sultan Butti Bin Mejren, Imtiaz Feroz Gondal, and well-known Pakistani journalists, will attend the exhibition. Zeeshan Ali Khan, CEO of Zameen.com, Ahmad Bhatti, Country Head, Imran Ali Khan, CEO of EMPG, Haider Ali Khan, Head of EMPG’s MENA Region, and other members of Zameen’s top management will be present.
The aforementioned dignitaries and Zameen.com representatives will also participate in a Discussion Panel titled “Why Real Estate Continues to be the Best Investment in Pakistan,” offering attendees and viewers at home an insightful discussion on the state of the real estate market today and its prospects for the future.
With an estimated population of more than 1.2 million, overseas Pakistanis are the second-largest expat group in the United Arab Emirates. They have been increasing their contribution to Pakistan’s real estate market over the past several years, which is considerable. Zameen.com has significantly contributed to this rise in foreign investment by giving expatriates a transparent and reliable source for purchasing and investing in real estate.
The price per square foot of homes, plots, and residential property increased by 13.56%, 17.4%, and 19.83%, respectively, over the previous year, reflecting the sector’s sustained growth. The number of visitors to Zameen.com’s online portal increased by 21% last year, and about 30% of those visits were from overseas Pakistanis, the bulk of whom were from the Gulf area.
Additionally, as the popularity of apartment living and high-rise constructions spreads across the nation, it creates more and more accessible investment options in the real estate market.
The State Bank of Pakistan’s new “Roshan Apna Ghar” initiative is another helpful scheme that aims to give Pakistanis living abroad easy and reasonable options for financing their homes in manageable monthly installments. Additionally, given the current economic climate in Pakistan, purchasing and investing in real estate has become more favorable for Pakistani expats, making it an even more alluring alternative for those seeking to make an investment in their own nation.
The Pakistan Property Show will not only outline opportunities for real estate investment, but it will also give attendees access to the most recent market information from knowledgeable Zameen.com sales staff.
Visit CxO Global FORUM or CxO News Live for all the latest updates.
