Pakistan Budget 2015-16
On 6th of May, 2015 finance minister unveils the financial budget from 2015-16 of Pakistan in the national assembly and the ministry of finance is looking forward to an ambitious growth in economy targeting of 5.5 % A development and growth directed Federal Budget of this year with a total charge of 4.313 trillion rupees for the next economic year with major focus on attracting investors and investment in Pakistan. The...
Is Social Media Transforming House-Hunting Trends?
Lamudi takes a closer look at the impact of social media on the real estate industry in Pakistan Pakistani house-hunters are now embracing social media over traditional offline methods for finding their ideal home. This can be attributed to the increasing Internet penetration in the country. Pakistan currently boasts 30 million Internet users, 15 million smart phone users and around 12.8 million active, monthly Facebook users....
Solutions To Pakistan’s Increasing Housing Backlog
LAHORE, 14 MAY 2015: A lack of available house financing is the major factor contributing to a staggering housing backlog in Pakistan, experts say. According to House Building Finance Corporation, the shortfall is currently estimated to be up to nine million units, with only around 3.5 million units being added in a year, leaving a shortfall of five million units. Pakistan’s best real estate website, Lamudi Pakistan, has investigated...
Five Tips for Choosing the Right Tenant
Simple steps for landlords can follow to avoid problems later on. For landlords, selecting a bad tenant for your property can be a costly exercise. Leasing your property to the wrong person could result in damage to the home, unpaid rental payments and even legal action. But by taking the time to search for the right tenant from the outset, landlords can minimize these risks and avoid any additional costs. From face-to-face interviews...
Property Oscars 2015
With awards season drawing to a close, it is not only movies and actors that deserve recognition for their work. Global real estate network Lamudi rolls out the red carpet for the Property Oscars – recognizing some of the leaders in international real estate. Category: Tallest Building And the Oscar goes to…the Burj Khalifa in Dubai, United Arab Emirates. It is 829.9 metres (2,722ft) high and has claimed the official title of...
Cheapest Places to Buy Plots in Pakistan
Lamudi looks at the cheapest plots to invest in in Karachi, Lahore and Islamabad. Property-hunters on the search for reasonably priced and lucrative plots in Karachi, Lahore and Islamabad should go for Gulshan-e-Hadid, LDA City and Marigold Block of DHA Valley, respectively according to Lamudi.pk website onsite data. Priced at an average Rs.4500/ square yard, LDA City is likely to be cheaper than any other area in Lahore. Similarly,...
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