Introduction:
The month of Ramadan is finally upon us and Pakistan being an Islamic state celebrates this month with great devotion and love. Although fasting is the major element, Ramadan is more than just abstaining from eating or drinking during the day. It is also a time of contemplation, devotion, and remembrance of God, especially through the reading and recitation of the Holy Quran.
This month also teaches us to take care of the welfare of the less fortunate in the community, by donating to the poor, especially at the end of the month. To mitigate and quell bad deeds, such as speaking ill of someone, holding grudges, and lying, intense introspection is performed and one needs to be more God-conscious and abstain from bad things during this month.
Impact of Ramadan on the Real Estate Market
It is observed that this month has an overall positive impact on the behavior of people, they are more inclined to be patient, helpful, and work on self-improvement. Not only does this month contribute to the behavioral changes among the individuals but also their expenditures.
We have analyzed the dynamics of the real estate market during Ramadan, keeping into consideration the month, fasting hours, weather conditions, habits, and routine of people in Ramadan.
Due to the above-mentioned factors and the fact that the working hours of the businesses and educational institutions are reduced in this month, it makes it the ideal time to do your research and invest in a fruitful real estate opportunity.
Although the common perception is that only fewer investors might show their interest in Ramadan but from what we have observed, the activity is much more stable. Given that people get more time on their hands in this month to do their research and the ones who earlier delayed the process get time to finally see their investments through.
This behavior also allows business owners to find out more about their potential customers and develop a personal connection with them, thus benefiting most from this month.
Real Estate –Best Investment in Ramadan
Real estate has always been the best investment opportunity as compared to investment in Stocks, Banks, Investment Companies, Gold, Foreign Exchange, or Bonds. Real Estate Investment is evergreen and the most beneficial.
Let us discuss a few elements down below for your better understanding of the topic.
1- Real Estate Investment Grants you Full Ownership
Real estate investment lets you acquire complete ownership of your property, thus making it a hassle-free and the most secure investment.
2- According to Islamic View, Real Estate Investment is Entirely Halal
Real estate is one of the most halal ways to grow your wealth and earn halal income, according to our Prophet Muhammad (P.B.U.H), thus making this pious month the best time to invest in the real estate project of your liking and secure your future.
3- Real Estate can Turn into a Regular and Consistent Source of Income
As mentioned above, not only the income generated through real estate is completely halal but also investing wisely can lead to consistent and stable income for you through leasing your property or providing rental opportunities.
4- Increase in Financial Value
Investing in a project after proper research and insight will increase the financial value of real estate property. Keep in mind that the investment will only be fruitful if it is commenced with proper planning and in a secure project with a good location.
5- The Month of Ramadan Offers Exclusive Offers
The month of Ramadan brings with it unique leverages and offers from different real estate projects and companies including the following:
Lower Property Rates
Due to the common perception of decreased activity in the month of Ramadan, the real estate prices usually go down and provide for ample opportunity for the people who want to invest with a minimum budget and better prices in their favorite real estate projects.
Exclusive Offers and Discounts
Most brands and companies offer discounts and special offers during the month of Ramadan for the convenience of people and the same goes for the real estate industry. The management of the top residential projects, throughout the country, also comes up with exclusive discounts and offers for their existing and potential customers.
Unique Market Circumstances
With everyone having an abundance of time on their hands during Ramzan, they tend to take their time to analyze and make their decisions patiently. The aura during this month is much calmer and peaceful, hence you can make better choices and forget about the worries of everyday routine. So, when it comes to investing in real estate, people can make up their minds with ease and weigh the pros and cons thoroughly.
Top Profitable Real Estate Projects in Islamabad
When it comes to purchasing and investing your money in property, you need to be aware of many important aspects. For instance, you must thoroughly research and study the diversified portfolio of the properties listed on the market. Make sure the project you are investing in is legal and secure, the developer holds credibility and experience, and last but not least, always consult a real estate expert for a better understanding of your investment.
We at Sky Marketing bring you the top of line housing ventures and trustworthy projects that will not only guarantee you higher profits but will also secure your investment.
Down below, we are listing the best real estate investment opportunities located in the vicinity of Islamabad and Rawalpindi. Each of the following projects has been developed with state of art technology and infrastructure, offering unique and reliable experiences to their investors.
1. Capital Smart City Islamabad
Located on Main Lahore-Islamabad Motorway (M-2 ), near Thalian Interchange, Capital Smart City Islamabad is a mega housing project by the world-renowned developers, FDHL and Habib Rafique (Pvt.) Ltd. (HRL). Capital Smart City is destined to revolutionize the face of the residential real estate industry in Pakistan by becoming the first-ever Smart City in the country.
Furthermore, the project has attained its NOC from the relevant authority and offers a variety of residential and commercial options. The prime location, unmatched facilities, and special Ramadan offers make this project perfect for investment during the month of Ramadan.
2. Blue World City Islamabad
Blue World City Islamabad is a Pak-china friendly housing society that is developed with a vision to create affordable housing solutions for the masses of twin cities.
The housing project is situated at Chakri Road in the Rawalpindi region, close to Islamabad, and offers world-class amenities. The project offers different sizes of residential & commercial plots along with farmhouses and apartments.
For the month of Ramadan, the management of Blue World City is offering an exclusive discount by waiving the first two installments for the new and old clients of the Overseas Block of Blue World City, making this housing society an ideal choice to invest in this Ramadan.
3. Park View City Islamabad
This CDA-approved housing society is a nature’s marvel and showcases beautiful lush green surroundings. Park View City Islamabad is located in one of the prime areas of Islamabad, only 10 minutes away from Serena Hotel. The project is owned by Aleem Khan, a former member of PTI, then ruling political party of Pakistan.
The housing society is also offering concessions for its potential and existing clients, thus making this housing venture another ample opportunity to invest in this month.
4. University Town Islamabad
University Town Islamabad is a top-notch housing scheme located on the Srinagar Highway, near Lahore-Islamabad Motorway (M-2) interchange and only 5 minutes away from the Islamabad International Airport. The housing scheme makes it possible for everyone to be able to afford a comfortable living amid a natural environment and so close to main Islamabad City. It is set to provide a matchless living experience to all its visitors and residents.
5- Faisal Hills Islamabad
Faisal Hills Islamabad is a new residential venture situated near Islamabad in the Taxila region. This project is owned and developed by the experienced developer, Zedem International. This housing society is a beautifully planned project, surrounded by breathtaking views of Margalla Hills. The project is a promising one and is anticipated to generate high yields on investments in a short period.
These are some of the hottest selling housing societies you can invest in during this Ramadan and take advantage of the special Ramadan discounts and perks offered by the various residential societies.
Conclusion:
You should take this holy month of Ramadan as an opportunity to work on self-improvement and spiritual reflection. But you should also take time to think about your future and opportunities this month holds. We hope that through this article we have helped you understand the gravity of the situation and advantages you can avail by investing in real estate this Ramadan.
If you have any questions or require more information regarding any of the projects, feel free to contact us at Sky Marketing. We will be more than happy to assist you 24/7.
