Investors’ Interest Shifts To Gated Communities
By Angela Sanders Thursday, August 29, 2013, 03:25 AM EDT
The real estate market of Lahore, which was witnessed to be under immense pressure probably due to the privation of investment and trust, expressly after the boom and bust perceived between 2003 and 2005, has ultimately started to ricochet. The recovery has, no doubt, taken seven years but this time it appears to be built on more concrete grounds.
In a bid to safeguard the security of their relatives, people are progressively selecting gated societies and the online portal Zameen.com is catering to their needs efficiently thanks to its versatile database which prides itself in always coming up to the requirements of the people. In the metropolitan, some real estate developers are providing a synthesis of luxurious lifestyle and adequate sanctuary.
The investors’ interest, as seen presently, revolves around Bahria Town Lahore as the metropolitan attracts a great deal of attention because of its autonomous power grids. It is a known fact that the entire country is anguished by the electrical power crisis and in divergence to which Bahria delivers an incessant supply of electricity consequently toting further assessment to its living lifestyle.
Lately Bahria Town Lahore invited Prime Minister’s task force, designed to end the energy crisis in the country, to visit their power generation system. While producing electricity autonomously Bahria town ends up saving 43% losses which includes 30% line losses, 10% maintenance cost and 3% billing recovery overheads. It is advocated that by ensuing the accomplishments of Bahria Town concerning electricity generation, not only load shedding can be controlled but 100% billing retrieval can also be attained.
With such amenities finding a rented houses in Bahria Town is a hard nut to crack at present but the online portal, Zameen.com has made it rather convenient by jotting together all the opportunities at a single platform. The construction of new residencies is going at an adequate pace here and the administration approves eight to ten applications daily regarding home construction. This clearly depicts that investors are turning their faces towards Bahria town due to its unique facilities, the up to date technology and the adequate security measures
Author Bio: This Post is written by Ramiz. He is the Marketing Analyst at Zameen.com. You can follow him at Google+