Blue World City Islamabad Possession and Development Updates
Blue World City Islamabad is considered to be one of Islamabad’s upcoming real estate sensations. And this is not only on paper but is now a reality with the society handing over possessions.
The Blue World City Possession is just around the corner and the members of this housing society are on their way to constructing their beloved homes in Islamabad. This article contains all the major details regarding the Blue World City Possession and Development, and what should the investors expect out of this new project in Islamabad.
As we all know that Blue World City Islamabad has been working on its development for almost two and a half years. However, the development can be witnessed primarily in the General Block of the housing society as it was the initial land acquired by the housing society.
Moreover, the society is now working to improve the tourism features and other aspects of this block in order to ensure that the investors are inclined to build their homes. The best feature regarding this block is that it will encompass the investors from all walks of life and background, from middle-income to lower-middle-income people living alongside in a beautiful environment.
Blue World City Possession
According to a recent update by the housing society, the first 1000 members or investors who have completed their payments in Blue World City Islamabad have been sent their possession letters.
This is a major breakthrough by the housing project as the society is now taking off with a productive approach to include all stakeholders in the development process. This is why the society is also providing free-of-cost layout plans to the first 40 members who are looking to start the construction of their homes after taking the Blue World City Islamabad possession.
Blue World City Delivering As Promised
Blue World City Islamabad is now in the delivering phase and is now going to complete what it had promised a couple of years ago. The society is thankful to all investors who had the courage and trust to invest in this promising real estate investment destination.
The Blue World City possession is just the first step towards providing those people with a luxury lifestyle that will add value to their lives and the economy of the country as well. The investors are witnessing the development themselves and this is a proof that the project will continue to follow this approach in the upcoming years as well.
Ghar Kahani is your go-to real estate firm for bookings in Blue World City Islamabad. We are the authorized Blue World sellers and we provide free-of-cost investment solutions in Blue World City General Block, Overseas Block, Water Front Block, and Awami Residential Complex as well.
Therefore, we urge all investors to contact us now and get the best rates in the market with the top real estate advisors providing 24/7 services in the market.
Top 6 Real Estate Marketing Firms in 2022
Property is a necessity as well as an appealing financial option for everybody, whether they are buying, selling, or renting. Many property companies in Pakistan’s real estate sector provide solutions to potential clients and investors. When it comes to these concerns, it’s critical to consider which real-estate firm to consult. It’s a frequently asked question among first-time buyers and sellers. There are various estate agencies in Pakistan’s real estate industry that assist potential buyers.
The following are the top six real estate marketing firms in 2022:
- Ghar Kahani
- Sky Marketing
- Zem Builders
The financial system relies heavily on investment. All you need is a transparent and trustworthy real estate company to guide you and your transaction opportunities in Pakistan, whether it’s for residential, industrial, or commercial property investment.
Ghar Kahani properties is a well-known real estate company that is growing quickly in the Twin Cities and providing marketing services. By promoting business culture, professionalism, and developing ethical values, the company has won the hearts of its clients and resolved their satisfaction concerns.
Thousands of investors and customers came to them for consultancy on how to make profitable investments. By focusing on client service rather than profit, they are breaking standard business practices and beliefs. In this regard, they provide their clients with an investment care programme.
Among the services, they offer to their consumers are Nova City, Capital Smart City, Smart City Lahore, and Park View City Islamabad. Two of their most successful projects, Kingdom Valley Islamabad and Blue World City, have gained major success.
Zameen.com is one of the most popular property platforms in Pakistan, as well as the country’s first and most renowned real estate firm. It was established in 2006 and has since played a significant role in changing Pakistan’s real estate business by effectively connecting buyers and sellers via the internet. Zameen is an expert in establishing property lines.
It broadened the scope of Pakistan’s real estate market. It has risen to become Pakistan’s leading real estate corporation in the last five years. It is one of the most essential corporate growth methods in the digital age. When it comes to its website, it offers a simple yet functional panel. Zameen’s primary categories include discovering homes, commercial plots, rental property, wanted the property, agents, and projects (concerning Location, featured, and new)
Graana is Pakistan’s Online Real Estate Marketplace, with the purpose of changing the country’s real estate environment. They wished to make an impact in Pakistan’s real estate sector. Quality, they believe, is more essential than quantity. They’ve created a clear and useful portal to let people buy, rent, sell and invest in real estate. Graana.com is a one-stop-shop for all of your real estate requirements.
Graana is one of the most capable real estate portals in Pakistan. They made the house-hunting experience straightforward, dependable, and stress-free. It is owned and operated by the Imarat Group of Companies. They are dealing with their projects because they are also developers. Amazon Mall, Imarat Builders Mall, Mall of Arabia, Florence Galleria, Amazon Hotel, and Golf Floras are just a few of their ventures.
Agency21 was founded in 2016 with the purpose of influencing people’s perceptions of real estate in Pakistan. Since then, Agency21 has expanded at breakneck speed, establishing itself as the market leader in the Twin Cities. Agency21 has acquired its clients’ trust and peace of mind by building company culture and fostering work ethics. Agency21 became the first national real estate brand in successive years by expanding its networks in all major cities. Agency21 distinguished itself from the competition by demonstrating service, expertise, provision, and perfection in the pursuit of its objectives.
Sky Marketing, being one of Pakistan’s premier real-estate marketing firms, offers real-estate developers and builders cutting-edge marketing concepts and promotional strategies. In Karachi, Lahore, Islamabad, Rawalpindi, Multan, Peshawar, Sialkot, Nowshera, Hyderabad, Larkana, Mardan, Gwadar, Gujranwala, and other important Pakistani towns, the Sky Marketing team has had significant success in marketing outstanding residential and commercial developments.
Zem builders represent Zeeshan Estate Management & Builders. It was started by Zeeshan Qureshi 12 years ago with the goal of establishing a new level of extraordinary luxury in Pakistan. Envision thrives in providing the best; they reach their goals by being real estate specialists who effectively manage their client and investor relationships.
Bottom Line – Best Real Estate Marketing Firm
These are the top six real estate marketing firms in Pakistan. You may quickly enter the world of real estate now that you know which marketing firm to trust and consult. Ghar Kahani is ready to help you find the investment of your dreams.
Investing in Real Estate by Pakistani’s Living Overseas
As a result of the country’s economic well-being, Pakistani foreigners have a significant impact. Because of Pakistanis’ remittances, Pakistan’s foreign exchange reserves have increased. In Western countries like the United Kingdom and the United States, as well as the United Arab Emirates and Saudi Arabia, Pakistanis who have migrated live in the largest populations. Approximately nine million Pakistanis reside outside of Pakistan.
To improve their own and their family’s financial circumstances, a huge majority of Pakistanis have relocated outside of Pakistan. So many Pakistani workers have traveled to the Middle East in quest of employment. The Middle East’s Pakistani community has grown to be one of the largest. These Pakistanis residing overseas send remittances back to their homes and communities in Pakistan.
What are the Challenges Faced by Pakistanis Living Abroad, Who Want to Invest in Real Estate?
Pakistanis living overseas have faced a range of issues when it comes to investing in real estates like transactions, including fraud, corruption, and other wrongdoings. Commercial and residential properties belonging to Pakistanis residing abroad have allegedly been taken over by land-grabbing mafias in the real estate sector of Pakistan. For Pakistanis living outside of Pakistan, taking legal action against land grabbers in Pakistani courts is difficult.
Nearly 70 percent of Pakistan’s housing societies are breaking local laws and regulations, according to a recent report. A Pakistani national living outside of Pakistan is the primary customer for this business. To help ease the difficulties experienced by Pakistani citizens, the current government has launched a massive crackdown on unlawful housing organizations that are selling to Pakistani immigrants.
Pakistan’s real estate business is primarily reliant on Pakistanis living outside of Pakistan making investments. The Pakistani government has put in place the necessary safeguards to protect the investments of Pakistanis living abroad.
For What Reasons are so Many Pakistanis Living Abroad Investing in Real Estate?
The Industry has Stabilized
Overseas investors now have more faith in Pakistan’s real estate market because it is more open, credible, and honest than it used to be. In addition, the Pakistani government has made a variety of economic reform steps to make the country more appealing to foreign investors. The construction industry has been given incentives by the government to encourage both domestic and international investment.
Roshan Digital Accounts have also given Pakistanis living outside the country more control over their finances. Roshan Digital accounts give Pakistanis the ability of different forms of investing in real estate, commercial properties, and stock exchanges.
The Evolution of Technology
Modernization is another important reason why Pakistanis living outside the country invest in Pakistan. Overseas Pakistanis have access to the latest real estate news, project details, and investment opportunities thanks to social media apps and services. Sponsored ads on social media platforms like Facebook, Instagram, and YouTube help connect Pakistanis living abroad with people in their own country. Overseas Pakistanis are doing their research from the comfort of their own homes, thanks to the wealth of relevant information available on the internet.
Paying with a Credit Card Through the Internet
An international investor’s biggest concern is making payments while they’re away from home. Some would be forced to fly to the country, while others would have to enlist the help of a family member to cover the costs. To put it another way: Because of digital banking, the entire procedure is made considerably simpler.
Online banking has made it possible for international clients to invest at the touch of a button. Real estate societies have made it possible for foreign and local investors to make payments online, resulting in payments being received within a week. The only thing investors need to do is deliver the necessary PDFs. Real estate experts take over after the necessary paperwork and funds have been collected.
Real Estate Consultants and Agents
Overseas Pakistanis have been encouraged by investing in real estate by real estate consultants. These investors make it as simple as possible to invest in real estate. Once foreign investors have found a reliable consultant, the consultants will take care of the rest of the work on their behalf. Real estate experts handle every aspect of buying and selling the property, including all the associated paperwork.
For the sake of argument, let’s pretend you are an extremely busy individual who lacks the time to thoroughly investigate the market. It is entirely possible to delegate all of your tasks to the consultants. Real estate consultants know the market inside and out and can provide you with up-to-date information on current trends.
Pakistanis Living Abroad get Access to Additional Services and Facilities
Overseas Pakistanis usually have a special section of societies all to themselves. Only overseas investors are allowed to purchase these limited areas of land in the executive blocks. To help guests feel more at ease, they provide luxuries that aren’t available across society.
Investors from all around the world have been drawn to Kingdom Valley Islamabad, a residential and business community. A dedicated section of Kingdom Valley caters exclusively to the needs of foreigners living in the society’s overseas area. As a result of the rising demand for foreign blocks, the level of profits is quite high and in most cases, the overseas blocks are the first to be developed.
Overseas Pakistanis are taking advantage of the country’s strong economic growth by investing in a variety of industries. Opportunities for Pakistanis living abroad exist in every housing society of Pakistan, including investing in real estate, agriculture, retail, IT, energy, tourism, and financial services.
Elements to Consider While Calculating Property Prices
Since the Covid-19 pandemic has reached its end in Pakistan. Thanks to the Almighty, the great effects on-the-job and business markets have begun to fade. As a result, it is an excellent time for any homeowner to sell their home in the market, and the odds are good that they will obtain a decent price for it. But, before you do so, you should understand how realtors calculating the property prices, or what aspects influence house value assessment. There will also be a few ideas and tactics for calculating the fair market worth of your home; keep reading to learn about the entire process of real estate agents evaluating house value.
The property pricing system in every location is influenced by a number of elements. It is much easier for realtors to determine the values of a property in normal circumstances within a region when there is enough of a balance between demand and supply of goods. However, factors like increased market demand, forced auctions, or government announcements of area development may have an impact on property prices.
Land prices, in Islamabad, were so low a few years ago that you could acquire a lot of land for less than a million dollars. But, now that the New Islamabad International Airport has opened for business and the M1 (Motorway) has provided a separated interchange for the area, property prices have skyrocketed. Let’s look at some of the aspects that influence how real estate brokers determine property values in a given area.
Few regions are so highly inhabited that everyone wants to find housing or business possibilities there, whereas others have a large amount of land available in the vicinity, and you’ll see exposed barren land for kilometers. The first factor that determines the value of a property is its location. For example, in the commercial and satellite towns of Rawalpindi and Gulberg, it is difficult to find a listed property for sale, hence the rates would be expensive. Under normal circumstances, a 10 Marla plot in that location may cost between 4 million. However, a similar property size in Bahria Town Phase 8, Rawalpindi, or Blue World City will cost less than 2 million.
Resources Availability is Important
The availability of necessities in that place is the second aspect that drives this process. Real estate agents are aware of the availability of water, gas, and electricity in a given location and adjust the house’s price appropriately. Higher costs are found in areas where all of these necessities are adequately supplied, or in communities that are self-sufficient in supplying the demand. Areas that experience periodic shortages do not have a good reputation, and housing values are comparatively lower.
Owner Property Price Suggestions
These days, owners are so well-informed that they keep a watch on any new property listings in the area. As a result, they have a good understanding of how markets work and are well-versed in society’s present pricing strategy. As a result, the owner’s input is always carefully considered. However, the homeowner may raise an irrational price that cannot be accepted by the realtors according to their calculating property prices on their terms. Negotiation and market research are thus the methods for resolving such issues.
Bank or Lender-Forced Auction
When the receiving party fails to make installments on time, houses are built with the help of a bank or a private lender are for sale. The lender is just concerned with the equity and is willing to sell it for as little as the pricing will allow them to recover their investment. As a result, these houses are sold at low prices, and they have a significant impact on calculating property prices with local property market value.
Selling property is never an easy task and needs a lot of effort. The most difficult part of the procedure is the estate agent determining the house value. The realtors will be calculating property prices on the basis of different elements. This article is dedicated to all homeowners, who should read it and determine the fair market worth of their home. Here’s an easy formula to remember:
Cost of land + Construction Costs (Grey Structure and Finishing) + Capital Gains Due
We attempted to make this post as detailed as possible. If you have any further queries, please leave a comment below and one of our real estate professionals will surely assist you.
Few Things to Check in a Property, Before Making a Decision
Purchasing an apartment, a house, or any other type of property is a big deal for anyone. This is one of the most important decisions a person will make in their lifetime. If you’re looking to buy a new house, apartment, or other property and want a checklist of what to look for and what not to look for during your visit, today’s post is for you. Follow these guidelines to learn what to think about and investigate when examining a property.
The most significant aspect of the home-buying process is taking a house tour before making a final decision. After all, it’s about the savings you’ve made over the years by sacrificing your essential necessities and expectations. If you plan to view a house that is a potential new address, bring us along to make the process go more smoothly. You must pay close attention to all areas of the house’s building and finishing, but the furnishing goods must not have any impact on your decisions. So, without wasting any more time, let’s talk about what you should look for in a house before choosing to purchase it.
What should you look for in a property?
Before making a decision, there are a few things that should be considered. Here’s a list of things to keep an eye on when purchasing a home.
The property’s location
Before buying a home, the first thing any buyer considers is whether the location of their new home is worthwhile. Instead of falling for the house’s external attractiveness, you should consider this as well. In addition, look into the society’s legal features to see if they have all the necessary rights in writing that allow them to construct and sell plots in the area. Before making a selection, you can also consult the list of NOC-Approved housing societies. Furthermore, it is critical to locate the society’s owner and developer in order to learn what projects they have already completed and in what time frame. This establishes the developer’s credibility.
Safety and security are paramount
The next consideration before purchasing any home is the safety of the neighborhood. That is why we constantly advise first-time homeowners to look for gated communities in which to live. Gated communities or societies have several advantages over other communities or societies, such as having their own security team that enforces the society’s rules, regulations, and policies, ensures the safety of residents and guests, protects lives and property from theft or physical harm, and monitors the CCTV surveillance system 24 hours a day, seven days a week.
Furthermore, you should evaluate the crime rate and frequency of criminal actions in the region; for this, you can inquire at the local police station about previous reports of such illegal activities.
Utilities and Facilities in the area
When inspecting a property, you should consider the amenities provided by the housing society and the proximity of emergency services such as a hospital, ambulances, and police station. You must perform extensive research in that subject in order to do so. As an example, do you need to check if the residence has enough water and natural gas? In the summer, some locations may experience a water scarcity; make sure that this region has adequate subterranean water reserves.
During the winter, certain places have a limited supply of gas. Before making any decisions, you must thoroughly rule this out. You can conduct interviews with residents in the area who have already lived there for this purpose. Alternatively, you may simply inquire about the local real estate agents.
The house’s current state
Until now, we’ve just talked about the exterior features of the house you’re considering buying. Now we’ll talk about what you should look for inside a house before you buy it. During a house tour, you must evaluate a few things, the first of which is the state of the walls and floors. You can judge the quality of construction in a second by looking at the condition of the walls and floors. Don’t be fooled by the homeowner’s outward aftermarket beautification, which may have been added to cover the original state; instead, demand that they be removed, so you can see what’s underneath.
You should also examine for pipes and fittings and determine if there is any water leaking into the walls. This is the most annoying aspect; you should either leave the residence or request a price decrease to solve the situation.
Construction that is not legal
Examine whether the house was constructed entirely in conformity with the authorities’ ordinances and recommendations. Any unauthorized changes to the previously approved house plan could land you in legal trouble. Request the homeowner’s approved building plan, which you should compare to the actual construction. For example, in the society where I live, you must leave a 10-foot “Galli” open to the sky; if you do not do so, and instead build into that area, you will be punished heavily, and authorities may break that rule, which is never a good thing to face.
In this post, we’ve outlined all the essential features to look for in a house before making a purchase. Just don’t be fooled by the house’s outside beauty, and do your homework before buying. Despite the fact that home decor is completely personal, many first-time buyers fall for it. This should never be done because ungainly curtains, obsolete carpets, and ugly paint colors, among other things, can always be altered and modified to suit your preferences. However, if the residence is in violation of regulations, has a leakage problem, or is in a criminal area, this is definitely a concern. Before making any decisions, think about everything we’ve listed here, so you don’t end up regretting your choice.
How To Become a Successful Real Estate Agent in 2021
Pakistan’s real estate market is more focused on skills than on qualifications or academics. There are also no organizations or authorities in existence to provide professional estate agent licenses. However, no matter what profession you are in, the value of education cannot be overstated. Recently, the trends in the usual real estate market have shifted, and the term “property dealer,” which was once despised, is finding a place in Pakistan’s social fabric. If you want to learn how to become a successful real estate agent, this article is for you. In this article, we’ll go over all the skills and knowledge that you’ll need to be a successful real estate agent in Pakistan.
First and foremost, everyone should understand that any position involving the sales side of any business does not require a unique high-tech qualification. The greater your capacity to convince others and sell your product, the more knowledgeable and competent you are thought to be. However, in Pakistan, a lower academic qualification usually means a lower level of communication (written or verbal) skills as well as a linguistic barrier when it comes to speaking, listening, writing, and understanding English. You may require a Bachelor’s or Master’s degree from a reputed university to overcome this. Without wasting any more time, let’s go right into the guts of our subject today.
What are the criteria for real estate agents?
There were no respectable colleges that offered programmes in this subject in the past. However, we’ve seen a significant shift in the market in this area in recent days. In 2018, a Karachi-based institute (PIREM – Pakistan Institute of Real Estate Management) was established to provide numerous degrees and diplomas in various aspects of the real estate industry. In addition, PIREM has hosted several events at which they have given out prizes and honors to real estate brokers who have excelled in the sector. Its mission is to change the way people think about real estate in Pakistan.
Because this will take some time to mature, newcomers are encouraged to enroll if they have a bachelor’s degree in any discipline. Individuals with a business management background, on the other hand, will always have an advantage when it comes to convincing some potential customers with their pitch.
What qualifications do real estate agents need?
This is the primary topic of this post, as well as our entire discussion. As previously stated, Pakistan’s real estate market is more skill-focused, and one is required to enter the profession with a relevant skillset that includes market knowledge, communication, and persuasive abilities, dedication and hard work, and a few other attributes. You must possess the following abilities:
A solid understanding of the local market
First and foremost, a beginner real estate agent must have a thorough understanding of the local market. Sellers want to select real estate brokers that have worked in the area before or who have a good understanding of what facilities are available in the area, what property rates are, and where all the paperwork is completed. Those newcomers who are successful in gaining a sufficient understanding of the local market have a good probability of closing a contract.
Persistence at a higher level
Sales in general, and sales in the real estate industry in particular, are time-consuming and stressful jobs. Similarly, the fruit that real estate agents receive is sweeter. As a result, you should be persistent, follow up fast when a property is advertised, and stay informed about the market, and work extremely hard to achieve your goals.
Communication skills that convince others
The ability to communicate effectively is the next requirement of a successful real estate agent. You should be able to give a briefing on any listed property to someone who has the financial means to do so. You should also be very clear in conveying the property’s benefits and drawbacks to the buyer ahead of time to avoid any unpleasant surprises in the future. Furthermore, you will also be successful in making a positive impression on the buyer and establishing a high level of credibility in this manner. It encourages customers to return, and it increases the likelihood of referrals. After all, who hasn’t heard of the advantages of recurring sales?
Experience with technology
Since we live in a technology age, the majority of commercial transactions are conducted via telephone, internet, social media, or other technological means. As a result, a good real estate agent should be well-versed in modern technology. This isn’t to say that you need to be a tech genius to be successful in the market. Some persons are unaware of contemporary technical advancements yet nevertheless do admirably on the job. Having sufficient technical knowledge, on the other hand, gives you a competitive advantage and is regarded as a positive in business.
In the real estate business, as in any other industry, honesty is essential for success. It is necessary to be completely honest and dedicated to one’s work. This not only leads to a successful career, but it also strengthens your morale so that you can deal with any problems that arise on the job. It is critical for a good real estate agent to inform the buyer of everything there is to know about their product. This will not only earn the buyer’s trust but will also provide you the potential to turn casual buyers into committed customers.
Strong Market Ties
Last but not least, because this profession involves marketing and sales, the more you know about your coworkers and are linked with them, the better your chances of success will be. The real estate market in Pakistan is usually open, so acquire your piece from wherever it appears to be coming from. This may not be your ideal career path, but trust us when we say that these are the bargains that will help you pay off your recurrent debts.
Being a real estate agent is not difficult, but it is also not simple. The qualifications and skill set required to become a successful real estate agent are briefly explained in this article. To improve your prospects in the field of real estate marketing, try to learn these skills in addition to what you’re already doing. And, if you are having difficulty closing business right away, don’t lose faith or despair; remember that persistence is the key. Keep persevering and working hard, and you’ll be there on time. Best wishes!