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Pakistan's real estate sector is worth around $1.8 trillion. According to the Pakistan Bureau of Statistics, [5] construction output accounts for 2% of GDP, with housing representing less than half that total. With the rate of urbanization that Pakistan has been experiencing, there is a growing need for urban planning.
US$3.4 billion [1] (2021) Number of employees. 160,000 (2017) Website. bahriatown .com. Bahria Town (Private) Limited ( Urdu: بحریہ ٹاؤن) is an Islamabad -based privately owned real-estate development company which owns, develops and manages properties across Pakistan. [2] [3] It established its first gated community in Islamabad. [4]
Other information. Number of rooms. 500. Public transit access. PIMS Metrobus Station. Website. thecentaurusmall .com /index .php. The Centaurus is a mixed use real estate development in the city of Islamabad, Pakistan. The project includes a 36-floor hotel, three 23-floor residential and office towers, and a four-floor shopping mall.
It is the country's ninth-most populous city with a population of over 1.2 million people [5] [9] and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Built as a planned city in the 1960s and established in 1967, it replaced Karachi as Pakistan's national capital.
Real estate in Pakistan underwent a boom during the early and mid 2000s when Overseas Pakistanis started sending substantial amounts of their savings back home after 9/11. As of 2019, statistics reveal that an average 500 yards plot in DHA Islamabad is priced between ₨20-25 million. Pakistan's leading property portal "Zameen" reported in ...
Housing in Pakistan has always been insufficient due to a growing population (which is 241.49 million as per the 2023 Pakistani Census) [2] and accelerated by urbanisation combined with the housing problem being low-priority in the eyes of the government. [1] [3] Housing is an important element of real estate in Pakistan.
Real Estate Real Estate Holding and Development Karachi: 1982 State-owned real estate developer Bahria Town: Real Estate Real Estate Holding and Development Rawalpindi: 1996: Real estate developer Bank Al Habib: Financials Banks Karachi: 1991 Commercial bank, owned by House of Habib: Bank of Azad Jammu & Kashmir: Financials Banks Muzaffarabad: 2005
Islamabad Capital Territory is divided into eight zones: Administrative Zone, Commercial District, Educational Sector, Industrial Sector, Diplomatic Enclave, Residential Areas, Rural Areas and Green Area. Islamabad city is divided into five major zones: Zone I, Zone II, Zone III, Zone IV, and Zone V. Out of these, Zone IV is the largest in area.