Lahore: According to a recent report the interest and trend in investing in rental and real estate property are on a rise. Investing in real estate property has many positive plus points. It guarantees a steady flow of recurring and convenient income and when you decide on selling the property, you can also expect terrific capital profits from it. Furthermore, rental properties provide a great deal of bargaining power to landlords during discussions with hopeful investors.
In the past two years, there has been a significant amount of demand for rental properties in Lahore. Especially in the main areas of the city like DHA, Bahria Town, Johar Town, Gulberg, etc.
There has been a modest increase in prices for commercial shops, with an average per square foot rate of commercial shops rising by 20%.
But for apartments, the increase in prices rose by 50% in the past two years with an average per square foot rate.
Seeing as to how big the city of Lahore is, these numbers seem very average. But if someone wants to invest in rental properties then right now is the best time to do so.
For more details on which rental properties to invest in Lahore, visit our website Property News.