Real Estate doesn’t lose value to inflation, and this is why investment in this sector is considered one of the safest. However, investing in good projects can only bear fruits. A project is determined bad if it is ill-managed and has a bad location, rookie developers & legislative issues. New City Paradise is NOC-approved, and its prime location, veteran developers, and management make it a gem for investors.
Prime Location of New City Paradise will Pay Off:
New City Paradise is a center point for everyone who wishes to have access to Islamabad, Punjab, and KPK. It is an investment opportunity for every Pakistani due to this accessibility. It is located on the M1 Motorway, and it is in close proximity to the CPEC route. In the future, the CPEC route will be fully functional, and it will increase the value of this housing society enormously.
Developers of New City Paradise are Reliable:
The owners and developers of this housing society are considered one of the most experienced in the whole of Pakistan. New City Wah Cantt and Avalon Plaza Rawalpindi are two of the previous projects of these developers. These projects have proven to be very profitable for a lot of investors already. It is a great sign for this new project (New City Paradise).
Increase in Demand for Residential Properties:
The World Bank reports an increase in demand for residential properties in Pakistan. If you invest in a housing project such as New City Paradise in 2023, it will be very valuable in the future. Moreover, the report says that there is an increase in property prices, which is only going to increase more. Therefore, it is the right time for investment.
Earn Passive Income with New City Paradise:
You can build a home on a residential plot and rent it out for a passive income. Moreover, you can invest in commercial establishments of the New City Paradise and let it generate profit for you. If you don’t want to build, buy plots and let them appreciate. Your investment will work for you.
The Real Estate Market will grow more:
The State Bank of Pakistan (SBP) has reported that the real estate sector generated PKR 5.2 trillion (USD 32 billion) in 2021. Some international experts have claimed that the real estate market in Pakistan will grow by 30% in the next five years. Investing in real Estate has a bright future in Pakistan, and you can count on it without worry.
New City Paradise is a Smart Housing Society:
Gated and smart housing societies in Pakistan are becoming more popular, and this housing society is no exception. It is going to be one of the best-gated communities that will provide a secure, healthy, and modern lifestyle to its residents. The demand for such societies has already increased the value of this housing society.
Conclusion
The Real Estate market in Pakistan is expected to grow by 2.3% in 2023. This positive growth will have a great impact on your investment. New City Paradise (NCP) provides you with an opportunity to invest in residential and commercial plots, and both of these properties will be in great demand in the coming years.
Gated and smart housing societies are better for investment than conventional properties since they provide more than a tangible asset. The trust among investors is stronger when it comes to gated communities.
Faisal Hills Islamabad is another housing project that shares these qualities. If you need professional assistance in investing, head over to Makaan Solutions.