Karachi may outperform Dubai:

But the paradox is that property owners are confident of their future. They believe that soon they will become the most modern cities in the modern world, said Haji Mohammed Rafiq Jiga, director of Pakistan Real Estate Development Company, adding that investors were reluctant to contribute. In the investment operations of our projects, but today we receive a lot of suggestions, and if this continued support in the future, Karachi will be able to bypass Dubai. "
Pakistan's main developer, Malik Riyad, signed in 2013. With Miami South Beach architect Thomas Kramer on transforming the coast of Karachi into a new Miami. The 15-year project cost $ 20 billion to build a beautiful beach with high-rise residential buildings, medical and recreational facilities, playgrounds, mosques and other service buildings. To begin construction work in 2016.
To date, a residential area has been built along the Karachi coast called Crescent Bay - Crescent Bay, one of the most beautiful and luxurious areas, including more than 4,000 apartments and penthouses, with gardens, mosques, shopping malls, a luxury hotel and a golf club.
According to representatives of a number of major construction institutions, more and more investors are willing to finance real estate projects.
Shops for sale in Gulberg Lahore

The real estate owners are more optimistic, whether real or review, in contrast to the exacerbation of class differences in society, political instability and the spread of terrorism and crime. According to a ranking compiled by the experts of the International Agency for Social Progress in April this year, The latest in the Social Development Index of 132 countries has been studied social development, as Pakistan is losing today the comfortable conditions and opportunities for growth, experts say.

The main reason for such a low rate is clearly the unstable political situation in the region. Terrorist attacks on the streets, seizure of government buildings, and recent anti-government demonstrations can not make Karachi attractive to investors. Luxury apartments and hotels will remain uninvited, while the optimism of brokers and construction companies quickly turns into disappointment.

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