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Property in Faisalabad


Faisalabad, the third largest city in Pakistan has a strong industrial base including textiles, jewelry, home furniture, and pharmaceuticals, assisted by the expanding transport network which includes newly built motorways. Faisalabad has an area of 5,856 sq km and a population of approximately 3.54 million inhabitants. The city has rich agricultural soil and is the home to major textile industries due to the excessive availability of raw material and labor. Investments in Real Estate Faisalabad or Property in Faisalabad present low risk and chances of good return, according to a survey.

The fertile agricultural land and major textile units make Faisalabad a commercial property seekerís paradise. Major businesses of textiles and agriculture need to accommodate their ever expanding factory units outside the city. The charm of this metropolitan city and attractive business opportunities has made this city a hub of property investors.

A severe housing shortage and short construction cycles ensure strong prices, easy sales and quick returns. The investment climate is made even more favorable by the rapid growth of Pakistanís and therein after Faisalabad economy, at an estimated rate of 8 percent in 2006. Pakistan tourism industry is also gaining speed thanks to attractions such as Textile Hub or Textile Bay Faisalabad, announced as one of the most Reliable and Quality Textile or Garments Market of the World in July.

Faisalabad has successfully attracted foreign capital with investment-friendly policies. In addition, the government of Pakistan has extended investment-friendly policies to attract foreign capital. In order to lure the private investor, Pakistanís strongly democratic government beefed up protections for private investors, removed any restrictions on money transfers in or out, and allowed for foreign entities to own real property in entire Faisalabad, in Real Estate Karachi, Real Estate Islamabad, Real Estate Sialkot and Real Estate Lahore.

Being The capital, of Textile Market in Pakistan, Faisalabad receives the lions share of investment in Faisalabad Pakistan. Faisalabad is home to around 8.6 million people, roughly a thirteenth of Pakistanís entire population, and is the source of approximately two-thirds of the countryís total economic production. The city is almost entirely industrialized with most, if not all, of the comforts found in the United States, United Kingdom, Dubai, France and Germany, Italy, Canada, and Australia (Oceania and New Zealand) and offers a diverse selection of residences, from colonial mansions to beautiful bungalows.

Real estate investment in Faisalabad has seen a phenomenal growth and it looks like the more foreign investments are expected to reach in Property Faisalabad Pakistan.

The city of Faisalabad awaits significant advancements in infrastructure in Real Estate Faisalabad or Property Faisalabad, providing investors with opportunities to buy property i.e. plots, houses, industrial units or manufacturing firms, or even a rental property in almost any price range.

Low inputs cost has made Faisalabad perfect for establishing cottage industries that have mushroomed to support large textile conglomerates. Moreover, the development in the city has lead to major malls and shopping plazas amid investment from the United Arab Emirates as well as some European firms.

   
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