Before the elections, the real estate industry in Multan and the rest of the country was pretty dismal and real estate agents along with investors were extremely disappointed and cautious.

Naturally, we were all anticipating many changes and developments after the victory of PTI in the general elections 2018 and we were not disappointed. Not only did Pakistan witness the fall of the dollar but also stock market rose considerably and the real estate industry of Pakistan has been rejuvenated with a wave of optimism.

Let’s take a look at real estate trends in the historic Multan:

The real estate trends observed in Multan during the last week of July, shortly after the elections, portrayed a highly optimistic picture of innovation, success and large scale progress. In any case, the growth factor in Multan was always the greatest and highest across the country and unlike real estate in other countries, Multan has a healthy pace of horizontal development.

Needless to say, there is a great deal of potential waiting to be explored. And the political establishment of Multan has also made great promises to make the real estate much more profitable and developed.

At present, investors and real estate agents are all waiting for the new government to announce the official budget and policies for the new term and it appears that soon, real estate is going to emerge as the best investment opportunity in Multan. The truth is that investors are not that afraid of paying taxes as long as the taxes are linear rather than being exponential.

Moreover, there is great need to bring about marked reductions in the interest rates which are currently sky rocketing and the primary reason why investment has dried up in the real estate industry. The fluctuating prices of the US dollar have also triggered an increased in the real estate investments across Multan and the rest of the country.

Real estate experts are highly confident that Multan will soon be engulfed with a promising wave of investment from both, domestic and overseas investors. It appears that the commercial properties of the city are leading and this is primarily because Multan has a serious shortage of lavish commercial spaces and properties which has caused their prices to surge upwards. If you are planning to invest in a commercial property, rest assured that it will bring you great returns.