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What Factors Influence Real Estate Value?

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When we say that real estate is a dynamic market, we mean that it is persistently changing. Certain factors cause these changes in this market. Let's talk about how  real estate value   is affected by some macroeconomic and microeconomic factors. Government Policies Government is a body that has the authority to govern a country and form policies that will be beneficial for its economy and people. But sometimes, they fail to perform that way show completely adverse results. Let's go through some of these macroeconomic policies and government tools that can affect  property valuation .   Interest Rate The interest rate set by banks is to determine the cost of borrowing money from the banks. If you borrow some money from the bank, you will have to pay interest until you return the actual amount.  The interest rate of a country rises, then the businesses limit their spending's in the market. People tend to save more as now borrowing money is expen...

Top Real Estate Myths That Need to Be Busted

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Working in the real estate sector, you will come across tons of myths about real estate at every step. From homeownership to buying a house and the real estate process, myths are rampant in real estate. Read along for some of the most popular truths and myths about real estate. How they affect your business and why smashing them is so necessary. This guide tries to cover points for everybody involved in real estate businesses. Passing A Home Inspection Is Nearly Impossible People have built a perception that home inspectors crawl under the beds; they move around the house for hours, taking notes and pictures. They are some grumpy people, and they try finding issues in a home to fail it. There are pre-set standards to carry out these inspections. You can check these standards on the   government's website . They try looking at serious problems, like, the condition and age of the locks, water, and gas fittings.  Pricing A Home High Prevents Loss  Think...

Fastest Growing Industries in Pakistan

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  Investors all around the world have their eyes on Pakistan's fluctuating economy. The expectation is that soon Pakistan would become an economically stable country. Because Pakistan has started a fast pace CPEC development with China on its land. This has many investors on the edges. CPEC's expansion alone has positively affected the growth of Corporate sector of Pakistan . We want to show you a list of industries that are flourishing during this process. The list of these industries follows no particular orders.   Automotive Industry A massive Pakistani workforce is working in several automotive manufacturing and assembling plants within Pakistan. Even after subjected to multiple nationalizations and privatizations, the industry is growing. The development of infrastructure through CPEC is benefitting this industry. One of the perspectives is that Pakistan has cheap labor force availability. So, China will establish several assembling plants here in the future. ...

Top 10 Housing Societies in Pakistan

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    In recent years, Pakistan's land has been exposed to the development of several housing societies. The Pakistan’s real estate sector is the becoming most favorable to invest in at this time. Although Pakistan is experiencing a contraction in its economic activity, people are ready to invest in the real estate sector to avoid future housing crises. Here is an index of the best 10 residential projects in Pakistan. The list is in no particular order.   Bahria Town Bahria Town has around 9 phases just in Islamabad. Bahria Town is presumed to be one of the most exquisite and lucrative housing society. Bahria town may be expensive, but it provides almost all the necessities and luxuries to the dwellers. Bahria Town has raised the bar for the housing societies by the lifestyle it is offering. Bahria Town has incorporated the modern and traditional art of Pakistan in its design. It has been in the eyes of overseas and local investors for the past few years.  Capital Smar...