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The Growing Demand For Luxury Homes

14 October, 2024
Table of Contents

    A significant shift has been noticed in the real estate market in Pakistan. People now are not just interested in owning a home but are also looking for an opulent lifestyle offered in the West. The demand, according to recent statistics, has gone up to 18%, with a notable increase being witnessed year-on-year.

     

    At One Homes, we took note of the shifting preferences to provide Pakistanis across the world with living destinations that offer modernity and convenience, all in one. We aim to build self-contained communities for our discerning clientele, who have a finer taste in life. So, whether you are looking for a vacation home or a multi-generational home in your motherland, we have a portfolio of the most coveted apartments in all of Pakistan. 

     

    What is driving the boom in the luxury housing market in this country, is the rising wealth and the expanding number of overseas Pakistanis. The influx of foreign investments is immensely contributing to the growth of this nation’s real estate market.

     

    The sentiments of people living abroad for their motherland are often stronger than those of many nationals. Over 50% of the remittance is invested in the real estate sector. This is the primary driver of demand and, consequently, the price of luxury residential properties.

     

    The economy and the socio-political condition of the country are some things that are aiding in this growth too. The government’s efforts to improve security across Pakistan and introduce favourable policies are boosting investor confidence in the country. 

     

    The two major cities in Pakistan that are experiencing an influx of investment from overseas Pakistanis in real estate are Lahore and Islamabad. Here is what makes them stand out:

     

    Lahore: A Blend of Tradition and Modernity

     

    This city has seen a rapid transformation in the past few years. While it has become an epicentre of upscale lifestyle, Lahore has managed to preserve its traditionality and cultural identity. The ambitious development in the real estate sector aims to expand the city beyond its historical boundaries.

     

    One Homes trademark development, One Canal Road, redefines modern living in the heart of Lahore. With top-notch amenities, round-the-clock security, and globally renowned architects, this building is on its path to becoming a statement living destination in the city. 

     

    Islamabad: Where Nature and Meets Sophistication

     

    With the title of being the 2nd most beautiful capital in the world, Islamabad leaves no stone unturned when it comes to developing living destinations that seamlessly combine nature and modern living. The upscale housing market serves overseas Pakistanis perfectly who not only prefer serene surroundings but also high-end living. 

     

    Our statement collection of smart apartments, Trinity One, is nestled by the Takht Pari National Forest in the prestigious neighbourhood of DHA. It boasts a prime location that provides quick access to the city centre, all while maintaining a safe and peaceful environment

     

    Pakistan’s real estate market caters to every taste and preference, whether you're looking for a modern apartment in Lahore or a serene retreat in Islamabad. Get in touch with One Homes to explore a diverse portfolio of apartments! 

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