When looking for investment opportunities in Pakistan, people mostly think of the three major cities: Lahore, Islamabad and Karachi. However, these are reaching saturation point and there are plenty of other emerging cities with real estate investment potential.
Pakistan’s best real estate website, Lamudi.pk, has compiled a list of upcoming real estate investment hotspots across the country based on search trends, residential and commercial developments and investment opportunities.
Faisalabad: Pakistan’s third largest metropolis and a major industrial hub, well known for its textile industry, Faisalabad has attractive investment opportunities for property seekers. Searches on Lamudi’s platform relating to Faisalabad are mostly centered on Eden Garden, Faisalabad Development Authority (FDA) City Housing Scheme and Madina Town. Eden Garden offers luxury living at reasonable costs. FDA is an upcoming housing scheme covering 1300 acres and offering facilities such as an IMAX theatre, Bahria University, Cricket Stadium, Expo Center and FDA City Homes. Lastly, Madina Town is located in an exclusive part of the city which is home to many colleges and universities. There are many new developments taking place in this area, including Model City by Data Developers and Ismail Valley by Meher Estate and Developers.
Multan: Known as the City of Saints, Multan has a dynamic export-oriented textile industry. Multan’s real estate sector is booming thanks to the construction of a local development from the renowned Defence Housing Authority (DHA). Considered the most upper-class locality in Lahore, Islamabad and Karachi, once developed, DHA will become a model community for high-, middle- and low-income families. Other property investment hotspots for house-hunters in Multan include the established Wapda Town, Multan Public School Road and Bosan Road. Both of these areas are equipped with top notch infrastructure facilities, commercial centers and other amenities.
Gujranwala: Located just 1.5 hours from the country’s cultural epicenter, Lahore, Gujranwala is famous for producing some of the best wrestlers on the subcontinent. For this reason, it is popularly known as City of Wrestlers. It has also emerged as an upcoming real estate investment hub of Pakistan. As a sign of its investment potential, the DHA society has entered the local market and is offering 10 Marla and 1 Kanal plots. Other top class residential housing societies include Fazaia Housing Scheme, DC Colony and Wapda Town. Fazaia Housing Society.
Hyderabad: The sixth largest city of Pakistan and an important commercial center, Hyderabad is home to a wide range of industries including textiles, sugar, cement, manufacturing, tanneries, and gas. The city is an important economic corridor of Pakistan and options for property seekers in Multan include Oxford Villas which are single storey, one-unit villas ideal for small families and single students. Other popular societies include Latifabad and Qasimabad which provide high-quality facilities, schools, colleges and supermarkets.
Sialkot: Nicknamed as the City of Iqbal, as it was the birthplace of Pakistan’s national poet Allama Iqbal, Sialkot is an important industrial center. It is also brimming with real estate potential and is an upcoming property hub. Its most popular locality for houses is Fateh Garh Town, which is a posh residential area, situated in a prime location in Sialkot.
