What do you want of Home Finance Calculator?.
Pakistan, like many countries worldwide, is booming in the property sector. The prices are only escalating. Investors are targeting places like Karachi, Lahore, Multan and Islamabad for property due to the prices valuing at million Us$. In fact, a house like Gulberg with just one kanal is sold for Us0,000, with an increase by 0,000 for a two-kanal house, and the like. The property prices, compared to what they were 5 years back, have more than tripled. Population are holding the properties for the price to move up even higher in future. But will the price balloon puncture in the near future?
Many Population are entering into the shop with buying properties. Investments are being made in projects that would take a few years for development. On the city outskirts, many housing complexes are forthcoming; the houses valued in lakhs. Still, Population are not interested in selling them off. This is because is a selling pressure is seen, the prices will deflate and there will be a sharp improvement in property prices. Instead, Population are opting for loans to enter the property market, but since the interest rates on these loans are high, and Population are holding, and not selling the properties, there have been many cases of defaults. This is a major concern.





