Catering exclusively to overseas investors, One Homes always has a keen eye on economic developments in Pakistan. We never compromise on transparency: making sure our clients have all the facts, the projections, and in some cases, the negatives before they invest is the most important part of our job.
Although we’re only a few months in, this fiscal year has been very positive; and the State Bank of Pakistan’s 2024 Annual Report just confirmed it. With a stock market that simply can’t stop breaking records and dwindling inflation, investor confidence is loud, proud, and fully justified.
Key Economic Highlights
- GDP Growth: Pakistan’s real GDP was boosted by record wheat and rice harvest.
- Declining Inflation: Inflation’s dropped from 38% in May 2023 to 12.6% by June 2024.
- Current Account Deficit: The current account deficit narrowed to a 13-year low, thanks to strong growth in remittances and exports.
What Does This Mean for Real Estate?
What’s a bad time to invest? As far as Pakistani real estate goes, the answer is tomorrow. Thanks to the SBP, all prospective investors now have hard evidence of the importance of seizing investment opportunities while the macroeconomic environment continues to improve.
For existing investors, this likely means an increase in the value of properties they hold. It’s clear to anyone up to date with the news that this market is ripe with potential, particularly in gated communities and high-growth developments. With more stable inflation and better fiscal discipline, reliable rental income and long-term investment strategies in Pakistani real estate look more promising than ever.
Of course, this was already confirmed by Savills who also released their annual report on Pakistani real estate, as well as Moody’s and Fitch, who recently upgraded Pakistan’s rank.
Pakistan’s Economic Trajectory
The economic recovery isn’t a short-term trend. The SBP report indicates continued growth in FY25, driven by further fiscal consolidation and supportive global conditions. With inflation expected to remain low and GDP growth forecast between 2.5% and 3.5%, Pakistan’s real estate market is well-positioned for sustained growth.
For overseas property buyers and investors, this is a lot more than a lucrative window of opportunity; it’s a chance to be a part of real change in our motherland.
One Homes: Bridging the Gap
At One Homes, we’ve always believed in Pakistan’s potential, which is why we’ve focused on building luxury developments like One Canal Road and Trinity One. As a company founded by overseas Pakistanis, our mission is to help our clients reconnect with their homeland while benefiting from its economic success.
The facts are undeniable. Value has been rising, and as per expert insights, will continue to do so, and we are at the forefront of this resurgence, bringing Pakistani diaspora several steps closer to building a legacy that their children and grandchildren can be proud of. Get in touch with us to set up an appointment, or explore our projects based in the most profitable locations in Pakistan.
