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To assist the real-estate sector, the Government of Pakistan announced a reduction in interest rates on mortgage loans in 2012. [ 1 ] [ 2 ] In 2017, the housing gap in Punjab , one of the largest provinces of Pakistan, was around 2.3 million units, this figure is expected to reach the figure of 11.3 million units by the end of 2047.
The company also sells, rents out, or disposes off the real estate. [3] In 2016, TPL Properties changed its status from a private limited company to a public company and was listed on the Pakistan Stock Exchange, following an initial public offering at a strike price of PKR 12.50. [4] [5]
A square full of middle-class apartment buildings in Gulshan-e-Iqbal, Karachi. Housing in Pakistan generally consists of three classes: pakka houses (पक्का / پکّا pakkā, lit. ' "ripe" '), which are made of strong materials like brick and cement; katchi houses (کچی kachē, lit.
Karachi's population at the time was an estimated 8,000 to 14,000, ... Real-estate prices soared during this period, leading to a worsening housing crisis. [112]
Bahria Town (Private) Limited (Urdu: بحریہ ٹاؤن) is an Islamabad-based privately owned real-estate development company which owns, develops and manages properties across Pakistan. [2] [3] It established its first gated community in Islamabad. [4] Its second gated community opened in Lahore. In 2015, it launched Bahria Town Karachi, the ...
The project is 25km in length and 10km in width. It consists of 58 precincts. The town has food streets, mosques, hospitals, educational institutions, a stadium, a zoo, highrise buildings, parks, monuments, recreational areas and much more. It is a hot location for real estate investors and a picnic spot for families. [12]
Real Estate Real estate holding & development Karachi: 1982 State-owned real estate developer S A Bahria Town: Real Estate Real estate holding & development Rawalpindi: 1996 [16] Real estate developer P A Bank AL Habib: Financials Banks Karachi: 1991 Commercial bank, owned by House of Habib: P A Bank of Azad Jammu & Kashmir: Financials Banks ...
Dolmen Group was established in 1984 as a real estate investor. [2] The group is currently a leading real estate group in Pakistan engaged in the development, construction and management of shopping malls, office towers and residential apartment blocks across Karachi, and now Lahore as of 2024. [3]