Find your perfect property for best returns

The idea of investing in property in Pakistan is considered as one of the best plans to get guaranteed profit. With the rising amount of real estate projects in Pakistan like blue world city, capital smart city, or park view city; confidence has been cultivated among the new investors however, sometimes a newbie gets confused about where to invest to get the best results in terms of big profit-making. Finding a perfect property to get the best out of it is a risky task. With the circumstances changing rapidly, and the condition of the market fluctuating as a result of other factors, one needs to do good research before buying a property that can give long-term benefits and security of investment. 

To get the property that is best suitable for your investment with the best investment plan and healthy profits following things need to be kept in mind. 

The Developer of the Project

If you are looking for a property that is developing or a new proposed project of a housing scheme/ society like Park View City Lahore then the first thing that needs to be done is to check who is the developer of the project. The image of the builder makes a huge difference as the reputation and commitment of the developer's previous work give a sense of security and confidence; moreover, it defines the future of the upcoming project. For example, the projects, Park View City Lahore, Blue World city, or Capital Smart city are developed by the trusted builders and developers. The Blue World City is a project of Blue Group of Companies (BGC) with the collaboration of a Chinese company, Shan Jian Municipal Engineering. Similarly the project, Capital Smart City is developed by Future Development Holdings (FDH) and Habib Rafiq. These projects are promising as the developers have a history of producing good projects and satisfied customers. The developers of Park View City Lahore have previously given a brilliant project, Park View City Islamabad with customer satisfaction. 

The Location of the Project

Location is another factor that plays a vital role in making the value of your property either fly high above the sky or fall deep down into the ground. Once you have a plan to invest in any real state project or property the first thing you must determine is the location of the project on the map. The project should be located somewhere near the main road or has easy access to municipal conveniences. For example, people living in Islamabad or Rawalpindi can invest in Blue World City as it is located near Chakri Interchange and Rawalpindi Ring Road. The easy access to main roads can turn out to give bigger benefits as it guarantees mobility, easy access to highways and motorways to travel far from the city moreover, it guarantees that the location will have all necessities within the range. Capital Smart City is situated near Islamabad International Airport which means a person who needs to catch flights now and then can easily get to the airport and can save his/herself from lots of hustle of traffic. Similarly, the Park View City Lahore is located opposite Lahore International Airport, which means that living there can save some quality time to relax after a long and hectic journey or a hustle of traffic before traveling. Projects like Capital Smart City that is offering both commercial and residential plots with easy payment plans is a perfect choice of property for investment near the airport and Lahore Islamabad Motorway M-2 to get the best returns. Capital Smart City payment plan is easy and affordable and guarantees profit due to its location. 

NOC of the Project

No Objection Certificate (NOC) in Pakistan is considered a key to trust in the real estate business. Any housing society or residential and commercial project with a NOC approved by the concerning authority makes big in the competition as it attracts more customers for investment. Projects with approved NOC like Park View City Lahore get high rates in the market as compared to the projects which have trouble in getting NOC, for example, Blue World City. Investing in such projects could be risky as in case of approval you can get good returns in terms of profit and price increase but in case of disapproval, your whole investment can sink. It is necessary to check the NOC of a project before buying a property so that you can get assured about the authenticity of the project. NOC of a project can define the future of the plan as well. Due to the Blue World City NOC issue is landing developers in a tight spot whereas the customers are not comfortable in investing in such plans. 

Presentation of the Project

The presentation and Marketing of the project tell you many things about it. If a project has shared the details with the public like the plan of the city, how the city will develop, and how many project details have been shared in the advertisements with the public. Before investment, a person should check the details a project has shared with the public. A person should check the details of the project like what is the plan of the housing society or what type of facilities have been presented during the marketing of the project. Most projects share details to attract people for investment, example, Park View City Lahore has shared their plan and other details regarding facilities and plots in a quite clear, crisp, and crystal way. If a developer of a project has shared a payment plan of the property then it grabs the attention of the investors, like Capital Smart City payment plan is attractive and grabs the attention of many investors already. 

Besides the above-mentioned points, a newbie investor should also focus on the goals of their investment and the type of property. If the investor is looking for a property for a residential purpose, then he/she should invest in residential societies which are near main roads and provide a luxurious lifestyle loaded with basic requirements. If a person is aiming to own a business afterward then he/she should prefer corner plots or commercial areas or places that are near the commercial hubs. Property should be affordable and should not be a burden on your pocket. 

Before buying any property or investing in a real estate business a little homework based on the above-mentioned guidelines can help you to choose the perfect property for the best returns.