Blue World City: A Beacon of Growth in Islamabad’s Real Estate Market

In 2024, Pakistan's real estate market faces a complex situation influenced by economic volatility, policy shifts, and external challenges. Rising inflation, political uncertainty, and global economic pressures, such as fluctuating oil prices and currency depreciation, have impacted investor sentiment. The market has seen a slowdown in transactions, particularly in major cities like Karachi, Lahore, and Islamabad, where property values have stagnated or even declined.
However, sectors like affordable housing and mid-tier residential developments have shown resilience, supported by government-backed initiatives such as Naya Pakistan Housing Program. The demand for low-cost housing remains high, driven by urbanization and a growing middle class. Foreign investment, particularly from overseas Pakistanis, continues to provide some support to the market, although regulatory changes and taxes have made the environment less attractive for short-term gains.
On the commercial side, there is a noticeable shift towards mixed-use developments, with developers focusing on retail and hospitality projects to diversify their portfolios. In addition, the real estate sector’s digitization efforts have increased transparency, making property transactions more efficient. Overall, while challenges persist, opportunities in specific segments offer potential growth for long-term investors.