Whether the investors that are first time investing in real estate industry or they are regular investors of real estate industry, majority of the investors prefer investing in either vacant land or constructed property from residential, commercial or industrial real estate market segment.
Just as every other investment has its pros and cons, similarly, real estate investments also has its own benefits and risks. However, if you are looking to generate a stable source of your secondary income and later plan to further expand your then according to real estate experts, it’s wise to build your portfolio by investing in residential property.
This is because residential real estate property does not only offers a stable source of income via rentals, hence considered as the best in terms of market growth. Many real estate projects such as Lahore Smart City, Nova City, Rudn Enclave are a few names that are according to experts are currently the best investment opportunity for investment in Pakistan’s Punjab real estate industry market segment.
However, the final decision of investing in whichever market segment of real estate industry entirely rests over you as it’s your hard earned money that you are investing.
Vacant Land
New construction and raw land property investment are separate genres of real estate investment but also diversifies a real estate investors’ portfolio.
Raw land investment is that where an investor purchases a piece of vacant land that has any unique feature such an ideal location or size etc. which makes it charming and striking that in turn increases its growth in terms of profit for the investor.
Whereas, new construction investment is where the investor invests in only the construction of a property and not the land. New construction investment is a recent real estate investment trend in which investors are proactively investing.
Both, new construction and raw land investment are a new concepts of investment in real estate industry, therefore not many real estate investors are aware about the advantages of investing in new construction and raw land.
New construction and raw land investment gives an investor the opportunity to either use their investment to build the property from scratch or to build and hold a property long term. Either way both the real estate techniques provide unique investment opportunities to real estate investors with greater return of investments.
However, one thing that is to be made clear here that any investor who is considering investing in new construction and raw land real estate property, should remember one thing that before making the investment it’s important a thorough market survey and research is conducted so that the chances of profit gain is increased while the land, which is being invested on is a desirable one and becomes a source of higher profit due to the improvements in market dynamics rather than preventing growth.
Currently, Nova City is the best opportunity for investors who are considering to invest in new construction or raw land real estate property as vacant plots are available for sale in Nova City.
Also, Nova City investment plans for the vacant plots available within Nova City are totally budget friendly. If you are considering to invest your hard earned money then investing in Nova City plots is the best opportunity as Nova City NOC is approved from Rawalpindi Development Authority.
Residential
In residential real estate property, the most common and successful investment opportunity is rental residential and that too single family houses!
Apart from single family homes, some other rental residential real estate options are vacation homes, duplexes and multifamily homes etc.
Majority of real estate investors prefer rental residential property as it is the fastest and easiest way to gain an increased amount of profit constantly.
There are several various strategies and a lot many levels of competition in rental residential real estate market. However, all those strategies cannot be implemented by every rental residential real estate investor. Because what strategy works for one may not be an ideal solution for another. Therefore, figure out a strategy that is the best of the best fit for you.
In short, if rental residential real estate is managed in a proper way would lead to generating handsome profit as it not only becomes a source of steady income but also helps in smartly avoiding heavy taxes.
Commercial Real Estate Property
The best investment opportunity in real estate property market for those investors who are looking to make a huge investment in order to develop and enhance the quality of their local community is commercial real estate property.
Commercial properties include: shopping centers, hospitality, retail, and offices etc.
The main reason why investors usually prefer commercial real estate properties is because the potential cash flow is great. Apart from increased cash flow, longer leases and lesser rate of vacancy are also a significant factor due to which heavy investors prefer investing in commercial real estate property.