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Real Estate In Pakistan
Real estate in Pakistan is a growing sector of the economy of Pakistan. Real Estate Demand Demand for residential properties in Pakistan grew in 2010, leading to increased interest among real estate developers and investors. Since prices have exceeded 10 million PKR, new housing developments are often aimed at the upper middle class. To assist the real-estate sector, the Government of Pakistan announced a reduction in interest rates on mortgage loans in 2012. In 2017, the housing gap in Punjab, one of the largest provinces of Pakistan, was around 2.3 million units, this figure is expected to reach the figure of 11.3 million units by the end of 2047. The prominent factors causing the shortages includes rural-to-urban migration, population growth, lower interest rates, and tax incentives, the poor quality of available properties, and the subsidy schemes, like Roshan Apna Ghar, Mera Ghar Mera Pakistan, etc., in urban areas of the country. According to report the population i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Pakistan
The economy of Pakistan is categorized as a developing economy. It ranks as the List of countries by GDP (PPP), 26th-largest based on GDP using purchasing power parity (PPP) and the List of countries by GDP (nominal), 44th largest in terms of nominal GDP. With a population of 254.4 million people as of 2024, Pakistan's position at per capita income ranks List of countries by GDP (nominal) per capita, 155th by GDP (nominal) and List of countries by GDP per capita (PPP), 141st by GDP (PPP) according to the International Monetary Fund (IMF). In its early years, Pakistan's economy relied heavily on private industries. The nationalization of a significant portion of the sector, including financial services, manufacturing, and transportation, began in the early 1970s under Zulfikar Ali Bhutto. During Zia-ul Haq's regime in the 1980s, an "Islamic" economy was adopted, outlawing economic practices forbidden in Sharīʿah and mandating traditional religious practices. The economy start ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Urban Area
An urban area is a human settlement with a high population density and an infrastructure of built environment. Urban areas originate through urbanization, and researchers categorize them as cities, towns, conurbations or suburbs. In urbanism, the term "urban area" contrasts to rural areas such as villages and hamlet (place), hamlets; in urban sociology or urban anthropology, it often contrasts with natural environment. The development of earlier predecessors of modern urban areas during the urban revolution of the 4th millennium BCE led to the formation of human civilization and ultimately to modern urban planning, which along with other human activities such as exploitation of natural resources has led to a human impact on the environment. Recent historical growth In 1950, 764 million people (or about 30 percent of the world's 2.5 billion people) lived in urban areas. In 2009, the number of people living in urban areas (3.42 billion) surpassed the number living in rural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Pakistan
The economy of Pakistan is categorized as a developing economy. It ranks as the List of countries by GDP (PPP), 26th-largest based on GDP using purchasing power parity (PPP) and the List of countries by GDP (nominal), 44th largest in terms of nominal GDP. With a population of 254.4 million people as of 2024, Pakistan's position at per capita income ranks List of countries by GDP (nominal) per capita, 155th by GDP (nominal) and List of countries by GDP per capita (PPP), 141st by GDP (PPP) according to the International Monetary Fund (IMF). In its early years, Pakistan's economy relied heavily on private industries. The nationalization of a significant portion of the sector, including financial services, manufacturing, and transportation, began in the early 1970s under Zulfikar Ali Bhutto. During Zia-ul Haq's regime in the 1980s, an "Islamic" economy was adopted, outlawing economic practices forbidden in Sharīʿah and mandating traditional religious practices. The economy start ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate In Pakistan
Real estate in Pakistan is a growing sector of the economy of Pakistan. Real Estate Demand Demand for residential properties in Pakistan grew in 2010, leading to increased interest among real estate developers and investors. Since prices have exceeded 10 million PKR, new housing developments are often aimed at the upper middle class. To assist the real-estate sector, the Government of Pakistan announced a reduction in interest rates on mortgage loans in 2012. In 2017, the housing gap in Punjab, one of the largest provinces of Pakistan, was around 2.3 million units, this figure is expected to reach the figure of 11.3 million units by the end of 2047. The prominent factors causing the shortages includes rural-to-urban migration, population growth, lower interest rates, and tax incentives, the poor quality of available properties, and the subsidy schemes, like Roshan Apna Ghar, Mera Ghar Mera Pakistan, etc., in urban areas of the country. According to report the population i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Construction
Construction are processes involved in delivering buildings, infrastructure, industrial facilities, and associated activities through to the end of their life. It typically starts with planning, financing, and design that continues until the asset is built and ready for use. Construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or wikt:decommission, decommissioning. The construction industry contributes significantly to many countries' gross domestic products (Gross domestic product, GDP). Global expenditure on construction activities was about $4 trillion in 2012. In 2022, expenditure on the construction industry exceeded $11 trillion a year, equivalent to about 13 percent of global Gross domestic product, GDP. This spending was forecasted to rise to around $14.8 trillion in 2030. The construction industry promotes economic development and brings many non-monetary benefits to many cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Development
In economics, economic development (or economic and social development) is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives. The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for far longer. "Modernization", "Westernization", and especially "industrialization" are other terms often used while discussing economic development. Historically, economic development policies focused on industrialization and infrastructure; since the 1960s, it has increasingly focused on poverty reduction. Whereas economic development is a Public policy, policy intervention aiming to improve the well-being of people, economic growth is a phenomenon of market productivity and increases in GDP; economist Amartya Sen describes economic growth as but "one aspect of the process of economic development". Definition and terminolo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federation Of Pakistan Chambers Of Commerce & Industry
Since its inception in 1950, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has advocated and voiced the collective opinion, concern and aspiration of the private sector and offered helpful advice and solid assistance to the Government in its efforts to promote exports, encourage foreign investment and stimulate economic activity in Pakistan. The FPCCI has its fingers on the pulse of the economy and serves as a bridge between the private sector and the Government. The FPCCI is playing an active role in presenting problems of trade, industry and environment and safeguarding the interests of the private sector through constant dialogue with the Government. The Apex Body of Trade and Industry and Chief Spokesman of the Private Sector in Pakistan. Membership FPCCI has under its umbrella; 289 Trade Bodies 76 Chambers of Commerce and Industry, 30 Women's Chambers of Commerce & Industry, 16 Chambers of Small Traders, 162 All Pakistan Trade Associations, represen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NED University Of Engineering & Technology
The NED University of Engineering & Technology is a public university located in the urban area of Karachi, Sindh, Pakistan. It is one of the oldest engineering universities in Pakistan, acknowledged for its best teaching practices and graduates. Founded as Prince of Wales Engineering College, it was renamed after Parsi landowner and its benefactor Nadirshaw Edulji Dinshaw. It is a recognised degree awarding university of Pakistan affiliated with the Higher Education Commission of Pakistan, a government-appointed body. History Pre-Independence Founded in 1921, as Prince of Wales Engineering College, to provide training to civil engineers working in building the Sukkur Barrage. In 1924, the college received donation of Rupees 150,000 from the heirs of Nadirshaw Edulji Dinshaw. As a result, the college was renamed to NED Government Engineering College. The NED College first remained associated with the University of Bombay (now known as the University of Mumbai) for many ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imran Khan
Imran Ahmed Khan Niazi (born 5 October 1952) is a Pakistani politician, philanthropist, and former cricketer who served as the 19th prime minister of Pakistan from August 2018 until April 2022. He was the founder of the political party Pakistan Tehreek-e-Insaf (PTI) and its chairman from 1996 to 2023. Born in Lahore, Khan graduated from Keble College, Oxford. He began his international cricket career in a 1971 Test series against England. Khan learned reverse swing bowling from Sarfraz Nawaz and passed on this technique to Wasim Akram and Waqar Younis, who developed and popularised it in subsequent years. He was named one of the Wisden Cricketers of the Year in 1983. Khan is also credited with advancing the idea of neutral umpiring in cricket during his captaincy. Khan led Pakistan to its first-ever Test series victories in India and England during 1987. He was awarded the International Cricketer of the Year award in 1989. Playing until 1992, he captained the Pakist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Urban Planning
Urban planning (also called city planning in some contexts) is the process of developing and designing land use and the built environment, including air, water, and the infrastructure passing into and out of urban areas, such as transportation, communications, and distribution networks, and their accessibility. Traditionally, urban planning followed a top-down approach in master planning the physical layout of human settlements. The primary concern was the public welfare, which included considerations of efficiency, sanitation, protection and use of the environment, as well as taking account of effects of the master plans on the social and economic activities. Over time, urban planning has adopted a focus on the social and environmental "bottom lines" that focuses on using planning as a tool to improve the health and well-being of people and maintain sustainability standards. In the early 21st century, urban planning experts such as Jane Jacobs called on urban planners to take ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Housing
Housing refers to a property containing one or more Shelter (building), shelter as a living space. Housing spaces are inhabited either by individuals or a collective group of people. Housing is also referred to as a human need and right to housing, human right, playing a critical role in shaping the quality of life for individuals, families, and communities. As a result, the quality and type of housing an individual or collective inhabits plays a large role in housing organization and housing housing policy, policy. Overview Housing is a physical structure indented for dwelling, lodging or shelter (building), shelter that homes people and provides them with a place to reside. Housing includes a wide range of sub-genres from apartments and houses to temporary shelters and emergency accommodations. Access to safe, affordable, and stable housing is essential for a person to achieve optimal health, safety, and overall well-being. Housing affects economic, social, and cultural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investor
An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of property. Types of investments include Stock, equity, Bond (finance), debt, Security (finance), securities, real estate, infrastructure, currency, commodity, Exonumia, token, derivatives such as put and call Option (finance), options, Futures contract, futures, Forward contract, forwards, etc. This definition makes no distinction between the investors in the Primary market, primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns stock is a shareholder. Types of investors There are two types of investors: retail investors and institutional investors. A ''retail investor'' is also known as an ''individual investor''. There are several sub-typ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
