In Pakistan, real estate is an important part of the economy. It is responsible for more than 9 percent of GDP. However, in recent years, there have been some challenges that have hindered its growth. One of these was the government’s failure to develop the real estate industry with a proper regulatory framework. Furthermore, the country’s weak infrastructure made it difficult for developers to enter the market.
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One of the biggest obstacles that have hurt the sector is a lack of a proper regulatory framework and a lack of effective policies and regulations. The sector is also plagued by malpractices. The lack of regulatory framework, and heavy taxes, have made it difficult to thrive in Pakistan.
As a result, the real estate sector in Pakistan has undergone periodic cycles, with returns ranging from 16 percent to 25 percent. This is higher than the real estate index, which experienced annual returns in the single digits. On the other hand, the KSE-100 index has experienced more volatility, with returns and losses ranging from 1 percent to nine percent.
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The development of CPEC is expected to greatly impact the country’s economy. It will help build more infrastructure and create more job opportunities. The development of the economy will also increase the demand for land and housing. With a higher demand for property, real estate in Pakistan will flourish. Furthermore, Chinese investors are expected to boost the country’s real estate market.