commercial property investment

Best Commercial Property Investments in Pakistan

Residential vs Commercial Property Investment

Factors in residential vs commercial property investments are not the same. Commercial real estate is more expensive, but it can yield larger returns. A commercial property is intended for business use; it cannot be inhabited.

Since the owner doesn’t live there, rental revenue from homes or apartments is regarded as a component of commercial property. In addition, compared to residential property, commercial property has greater taxes.

What is a Commercial Property Investment?

Due to Pakistan’s expanding real estate market, investors are searching for as many commercial property investment opportunities as possible. Commercial real estate is among the other most lucrative types of property. However, due to investors’ partial knowledge of commercial real estate, the majority of investors do not make commercial property investments.

Why Invest in Commercial Property?

Sometimes, people ask themselves whether investing in commercial real estate is wise. Let’s discuss why this might be a wise decision.

  • First off, the rental income from commercial buildings in Pakistan can be extremely lucrative. Since the nation is expanding, there are several commercial property investment opportunities to be successful. Pakistan’s real estate market has been doing quite well lately. The demand for commercial real estate is rising as more and more people enter the business world.
  • The tax advantages associated with commercial properties are an additional benefit. To help businesses and investors, the government has changed, offering them tax incentives among other things. Thus, you can reduce your tax liability if you invest in commercial real estate.
  • A business property that you purchase gives you full ownership. This implies that you are the owner and also you can protect your money.
  • The value of land tends to increase over time. Therefore, you stand a strong possibility of making a return on your commercial real estate investment. Numerous individuals have purchased real estate at a discount and then sold it for a higher price as the land’s value grew.
  • Like homes and retail centers, real estate is fascinating. People will always require a place to stay and run a business. Thus, there will always be a need for real estate even as prices rise.

Advantages of Investing in Commercial Properties of Pakistan

Investing in real estate is always a good idea. Many people like it because of the advantages that encourage investors to put their money into commercial properties in Pakistan. Here are the reasons why investing in commercial properties in Pakistan is always a good choice:

  • Builds Professional Connections: You can make valuable business contacts and connections through commercial real estate investment.
  • Longer Leases: When you invest in real estate, you often get longer rental agreements, providing stability and a steady income.
  • Diversifies Your Investment Portfolio: Putting money into real estate adds variety to your investments, reducing risk and increasing potential returns.
  • Generates Significant Rental Income: Real estate investments, especially in commercial properties, can bring in substantial rental earnings over time.

Types of Best Commercial Property Investment in Pakistan

1. Stores

In Pakistan, shops are the most common type of commercial real estate. Every year, a large number of people invest in stores and make big profits. Investing in stores situated in busy places such as malls and shopping centers is the greatest option. Rent received from stores is a reliable source of income for long-term savers and investors.

2. Offices

Pakistan is a rapidly developing nation that is expanding. Around the nation, a large number of business centers and industrial zones have arisen. These offices and small business centers’ primary objectives are to draw clients and support Pakistan’s economic growth.

3. Apartments

Apartments are yet another fantastic option for business real estate in Pakistan. Living in apartments is becoming more common in Pakistan due to their affordability and convenience compared to houses and farmhouses.

Disadvantages of Investing in Commercial Properties of Pakistan

Investing in commercial properties in Pakistan has challenges.

  • Rules and ownership transfers can be complex.
  • The real estate market is uncertain due to political and economic factors.
  • Foreign investors might struggle with high interest rates and limited financing options.
  • Security concerns in certain areas also affect trust.
  • Transparency in property information is still growing.

Despite these challenges, commercial real estate can offer diversification and returns due to a growing economy and government support. Investors should be aware of regulatory issues, market volatility, financial constraints, security, and evolving transparency.

Best Commercial Property Investment in Pakistan

The best commercial property investments in Pakistan are as follows:

1. Golf Floras

  • Located in Bahria Town (Garden City) Islamabad.
  • Largest luxury residential complex in Islamabad.
  • Features 600+ high-end condos, top-notch amenities, and beautiful mountain views.
  • Gated community with 24/7 security, retail, recreation, education, and health facilities.
  • Amazon Outlet Mall (AOM).
  • Prices start at Rs.18 Lacs on main G.T Road, Islamabad.
  • Pakistan’s first themed mall with a blend of fashion and architecture.
  • Offers a delightful shopping experience with designer brands.
  • Includes recreation facilities like restaurants, cafe, sauna, spa, gym, kids playing area, and a library.

2. Imarat Builders Mall

  • Prices start at Rs.17 Lacs, centrally located in Islamabad.
  • Connects buyers with reputable builders and offers ideal retail spaces.
  • Caters to construction businesses, project developers, interior designers, and the general public.
  • Provides specialized equipment, interior and exterior decor materials, marble tiles, flooring, and wall designs.

3. Mall of Arabia

  • Located on the Islamabad Expressway, connecting DHA and Bahria Town.
  • Islamic heritage with Arabian architectural design.
  • Spans nearly 15 Kanals in a prime area of Islamabad.
  • Symbolizes Pakistan’s brotherly relationship with the Arab world.

4. Imarat Residences

  • Located on Islamabad Expressway, starting from Rs. 25 Lacs.
  • Ideal for nuclear families seeking a simplified lifestyle with luxury.
  • Offers seamless resale options for a safe and secure investment.
  • Perfect for investors and residents in the twin cities.

How to Buy Commercial Property in Pakistan?

1. Check it Out

Look at the property and see if you like it.

2. Plan Your Money Move

Decide how much money you want to spend and where to put it.

3. Connect with the Right Individuals

Talk to the people who can help you in buying the property.

4. Be Clear About Your Needs

Know exactly what kind of property you’re looking for.

5. Do Your Homework

Research and gather all the necessary information before making a decision.

FAQs

1. Is it Good to Invest in Commercial Property?

Shops and offices often make more money compared to homes when you invest in them.

2. Is Commercial Property Investment Profitable in Pakistan?

In Pakistan, commercial real estate investments have the potential to yield large returns on investment. However, some variables, including geography, consumer preferences, and economic conditions, affect success.

3. Where Can You Invest in Commercial Property in Pakistan?

Popular commercial areas include DHA (Defence Housing Authority), Gulberg, Nova City, and Bahria Town in Islamabad.

4. How Does Commercial Property Differ from Other Properties?

Commercial properties are special because they’re in commercial areas, making them more valuable. Check the zoning before buying to make sure it’s allowed.

Join the Novacity family and invest for a bright future. Nova City is a great spot with cool infrastructure and lots of amenities. Be a part of it and grab the opportunity to invest today. Your investment in Novacity means a better tomorrow for everyone.

 

LIVING IN NOVA CITY ISLAMABAD

11 Reasons You Should Be Living In Nova City Islamabad

Islamabad has it all when it comes to the living. Its eye-catching scenery and organized infrastructure awaken the will of many of us to live in such astonishing places.

For such factors Nova City has to offer a lot, making it one of the best places to live within Islamabad.

Here are the 11 reasons you should be living in Nova City Islamabad.

1. Easy Access

Living in Nova City Islamabad will bring you easy accessibility to many prime locations. It is situated between the twin cities (Islamabad-Rawalpindi) which allows residents easy access to many large urban centers and different modes of public transit.

Secondly, the Islamabad airport and CPEC are a short distance away which makes Nova City Islamabad one of the prime locations to live in.

2. Magnificent Infrastructure

Nova City developers have invested their efforts and finances to create the Nova City Islamabad lifestyle up to the mark of high standards. Nova City developers have a master plan, which includes well-constructed highways and buildings and all the other sophisticated features for its one thousand kanal of land infrastructure. It aims to create a futuristic city with all the luxuries that can raise Nova City’s modern living levels to the peaks for its residents.

3. Protection for Living

With dynamic changes in national stability, Nova City is aware of the requirements of security. Nova City does not compromise on the protection of its residents and for a sense of safety, Nova City has created a boundary wall to make sure its residents are protected 24/7. A person is always concerned about his/her family living in security and Nova City developers understand that which is why living in Nova City Islamabad is great due to its secure environment.

4. Lifestyle and Culture

Nova City has universal standards. It’s not only focused on bringing high-standard lifestyles to its residents but it’s also focused on supporting and securing the residents of all cultures. Nova City Islamabad facilities provide a magnificent lifestyle that guarantees its residents a high quality and modern living.

5. Power Source Features

To meet society and high standards of living, Nova City assures that its residents should never face any load shedding. Nova City has all the measures to make the society no load shedding zone. Other than electricity, Nova City is also focused on gas and water services to bring balance to their facilities for an extravagant lifestyle.

6. Health and Nature

Nova City Islamabad lifestyle also involves parks and recreation hotspots. Residents can enjoy the scenic natural atmosphere and healthy family time. Nova City Islamabad’s lifestyle influences positive health impacts which is supported by its parks with tranquil vistas.

7. Educational Institute

Nova City Islamabad facilities offer Nova School System (NCS) for the better growth of society children. Nova City School system is completely Compassionate to producing better human beings with an ambition to polish the students’ personality traits and provide such programs that can bring the best out of their students. The Nova School system programs are designed to excite the children and to provide real reasons for children to learn. These programs will enlighten children with trending skill sets that have social acceptance. The Nova School system aims for their students should be creative and have great academic performance that will enable them to live a prosperous life.

Nova City developers want their residents to rely on them and with the facility of the Nova School system residents have complete support from Nova developers for the better growth of their children.

8. One of the Best Commercial Zones

The CPEC route makes Nova City Islamabad one of the finest places for commercial investors. Due to ease of access to the CPEC route commercial investors have easy access to the multiple suppliers. This feature will not only help commercial investors but also help the residents of the society to have the availability of everything they want to have.

Nova City provides excellent investment opportunities for commercial investors and it wants to guarantee high returns on investment.

9. Well-Equipped and Organized Hospitals

Nova City Islamabad hospitals are at their services day and night. Hospitals have the availability of modern equipment to facilitate patients, secondly, there are arrangements for organizing hospitals for smooth medical operations to support patients.

10. Other Amenities

Living in the Nova City Islamabad is ideal for availing following amenities.

1. Swimming Pool and Sports Complex

Nova City has a swimming pool and sports complex in addition to the health facilities which have great maintenance to enable residents to enjoy their free time healthy.

2. Transportation

Nova City has shuttle services to maintain the living of residents. While traveling throughout the society Nova City wants assurance that the residents do not face any hurdle and have an easy exploration.

3. Dumping and Recycling

An effective waste management system is pivotal for any sustainable society. Nova City has been focused on creating efficient waste disposal mechanisms to refurbish and reuse dump wastes with the help of specialized machinery. Such initiative not only helps to protect the environment but also protects public health. Nova City wants its residents to have cleaner and more sustainable living.

4. More Amenities

  • Serene Environment
  • Aesthetic Architecture
  • A 120 Ft. Boulevard
  • Masjids

11. Affordable Rates

Nova City Islamabad is not too costly as its packages are designed to facilitate investors. Nova City Islamabad offers payment plans for Commercial plots, eSports Block Plots, Overseas Block Plots, and for Pueblo Block Plots.

These payment plans evolve around:

To support its clients living in Nova City Islamabad, it offers down payments with forty monthly installments and eight bi-annual installment plans.

Conclusion

The prime location of Nova City Islamabad offers ease of access to multiple urban areas with all the required amenities that create living standards at high marks. It offers security, health facilities, and a modern living lifestyle. Nova City Islamabad is a golden opportunity to invest for all purposes as its initiatives for facilities and modern living fulfill all the aims of Nova City Islamabad facilities while also fulfilling the checkpoints for a healthy and prosperous lifestyle.

buying a house

14 Things To Do Before Buying A House In Islamabad

Purchasing a home is a significant milestone in anyone’s life, and it’s crucial to make an informed decision. In Pakistan, the real estate market offers a wide range of options, making the process both exciting and challenging. To help you make the right choice, here are key factors to consider when buying a house in Pakistan:

1. Location

Before buying a home, You must align your needs with the following criteria.

  • Is the location to buy a home a good investment?
  • Do you have the availability of public transport service in your chosen location?
  • Does the chosen location allow accessibility to nearby shopping malls?
  • Does the chosen location allow access to schools and colleges for your children?
  • Does the chosen location allow access to hospitals?
  • Will there be a need for a vehicle to reach your property?

You must find a home that meets all these criteria to meet the quality living standards. To find a house, You can check property portals and print media. You can also have a consultation with real estate agents but before buying a house, make sure that the sources are legit certified to avoid any scam. The location of your future home is paramount. You must consider proximity to your workplace, schools, healthcare facilities, and daily amenities. Also, assess the neighborhood’s safety and its potential for future growth and development.

2. Budget Constraints

You have to check your finances before making a purchase decision to buy a house. Determine your budget to buy a house and stick to it. Take into account not only the property’s cost but also additional expenses such as taxes, registration fees, and maintenance costs. There might be cases of hidden costs which may raise your budget. It’s wise to get pre-approved for a mortgage to know your purchasing power.

3. Property Type

The representatives will offer multiple options to meet your needs. Choose the type of property that suits your lifestyle and needs. Options include houses, apartments, and plots of land. To buy a house, You can choose to buy in outlying districts for peaceful living or you can choose to buy the right place in the middle of the city to enjoy the city life more. These properties will also differ in layout planning and you can choose the best one to fill your requirements. Each has its advantages and limitations, so consider what aligns with your long-term goals.

4. Property Size

Before choosing the property size, consider your family size. The size of your home should cater to your current and future requirements. Evaluate the number of bedrooms, bathrooms, and the overall square footage to ensure it meets your family’s needs.

If you are making a purchase decision of property as an investment opportunity then your requirements for property size will be different which will be mainly based on location and return on investment (ROI).

5. Infrastructure and Amenities

Check for the availability of essential infrastructure such as water, electricity, gas, and sewage systems. Amenities are another important feature that should be kept in mind while buying a house. Some marvelous amenities that an amazing housing society should possess are:

  • Sports Complex
  • Gym
  • Mosque
  • Recreational Parks and Zoo
  • Schools
  • Hospitals
  • A Gated Community
  • 24/7 Surveillance
  • Underground Electricity
  • Highly Specialized Sewage Disposal System
  • A Convenient Shuttle Service, etc.

6. Legalities and Documentation

Before finalizing any deal, ensure the condition of the property and check all the criteria of living to meet your requirements. You should also ensure that all legal documentation is in order and their land record is computerized. This includes verifying the property’s ownership, obtaining a no-objection certificate (NOC) from the local development authority, and confirming that the property has a clear title. You can also hire a lawyer to verify all the documents for you.

7. Resale Value

You should go through a complete analysis of all key elements in the property to consider the potential resale value. Factors like location, development in the area, and market trends will influence its future market price.

8. Inspection and Maintenance

Most often the buyer ignores and does not feel the need for inspection and maintenance but that should not be the case. Find a house that has low maintenance costs. Old houses may have maintenance work so inspect the property thoroughly and look for any structural issues or required repairs. You can also hire a professional to do that for you. Additionally, inquire about the maintenance and upkeep of the building or housing society.

9. Security

Safety is a paramount concern. Make sure to research the security measures before buying a house within the neighborhood or housing society to ensure your family’s well-being. A property with good security will secure your investment.

10. Local Laws and Regulations

Understand the local laws and regulations governing real estate transactions in Pakistan. Seek legal advice when necessary to avoid any legal complications.

11. Negotiation Skills

Negotiation with proper knowledge can be advantageous when you buy a home. You must ensure all the latest trends and rates of Pakistan’s real estate industry. The deep study of real estate will help you make well-informed decisions. Make a final offer and hone your negotiation skills or consider hiring a real estate agent or a lawyer to help you secure the best possible deal. Your offer should also include any contingencies and closing date. Negotiation can significantly impact the final price.

12. Future Planning

To buy houses check all the criteria that will set a future return on investment. Think long-term. Consider how the property fits into your future plans, whether it’s for your family’s growth, investment, or retirement.

13. Market Research

Stay updated on current real estate market trends and prices in your chosen area. You can also hire a real estate agent to provide you with market insights. Do extensive research and visit possible areas. Inspect the properties before making a decision to ensure the properties can meet all of your requirements. Try to look to invest in real estate in growing and lucrative markets. Knowledge of the market will empower you to make an informed decision.

14. Environmental Factors

Evaluate environmental factors, such as noise levels, air quality, and potential hazards, to ensure your comfort and well-being. Also, evaluate the factors such as CCTV and Automated street lights for a sustained environment.

In conclusion, buying a home in Pakistan is a multifaceted process that demands careful consideration. By examining these key factors, you can confidently navigate the real estate market and make a well-informed decision that aligns with your needs and aspirations.

FAQs

How Do I Select the Right Property for My Family Size?

While making a purchase decision for a house according to your family size, Consider the number of bedrooms, bathrooms, and square footage.

How Can I Assess Property Resale Value?

Consider key factors like location, market trends, and development measures that play pivotal roles in resale value.

How Important is Location When Buying a Home?

Location when buying a home is very important. It impacts your investment and your daily life routine.