Pakistan’s Real Estate Sector Attracting FDI
Pakistan’s Real Estate Sector Attracting FDI Pakistan’s real estate market has been in a slump since last year, mostly because of the new tax regimes introduced by the government. The situation was worsened by political instability that ensued after dismissal of Prime Minister and is likely to continue until the next elections. Investors are being cautious until things become clearer. However, real estate has always been the economy’s strongest sector, and is known to bounce back after every shock. Whenever the bubble bursts, the market finds its equilibrium due to presence of high demand and an overall shortage of housing units. Even now, despite the bleak circumstances there is hope on the horizon. The ongoing development of CPEC is proving to be very healthy for the real estate sector of Pakistan: it’s attracting a huge chunk of international real estate investors. Roadshows and Expos for investment opportunities in Gwadar and other areas are being hosted thro...