An Interview with Raj Gwadar,
 Futuristic Real Estate Business Group
KARACHI - LAHORE - ISLAMABAD - GWADAR
HELP LINE PAKISTAN: 09221-4223380 - CELL: 092-322-2623539
email: managerpk@live.com

As an expert real estate consultant  of Futuristic Real Estate Business Group, Raj Gwadar shares his insights on the developments in the real estate sector, particularly in Gwadar Karachi Lahore Islamabad, Pakistan.

RAJ GWADAR, Managing Director, Futuristic Real Estate Business Group, Director of Dream Marketing Network, Rajwani Associates Gwadar, Dream City Gwadar and  also Real Estate Advisor of Futuristic Investments Group for overseas Pakistanis.

 

Q. What is your opinion on the current real estate scenario in our country?

I think it’s never been this good for the sector. There are a number of reasons for this.

The economy in general has been growing and the falling interest rates in the market has fuelled the demand for second and third homes. Due to the low interest rate on fixed deposits, investment in real estate which gives returns of about 12 to 13 percent, has become lucrative. Even commercial property is being sold in smaller units and people with even Rs 25-30 lakhs can now invest in the segment. So even if you borrow money at 7-8 percent, you still stand to make profit. However, I must add here that we can look forward to still better times.

Q. What kind of a time line are you looking at when you talk of better times?

I would say the next 24 months look very bright. Beyond that, it’s impossible for me to say. I am sure it will be good with so many factors at play. We need to take into consideration the global economy. Will Pakistan be cheap enough for the rest of the world to come here?

Q. You have been in the business for a long time. What changes have you witnessed over the last 5-10 years?

I have been in the business for the last 20 years. I might say that I have seen it all. I have seen commercial Plots being sold at Rs 1000-1500 per square yards, Residential at Rs 500-800  square yards,  and now we are talking of Rs 40000 a square foot in CLIFTON AND DHA IN KARACHI LAHORE. It shows how much has been happening and the way prices have gone up. It’s strange the city hasn’t changed much; the roads continue to be bad, so does power and water supply. But I would still say that if somebody wants to live in Pakistan, Karachi - Lahore - Islamabad and now Gwadar would be the place. The weather here is a big advantage.

Q. A lot of international players are being attracted to Karachi - Lahore - Islamabad and Gwadar  especially after the announcement of Free Port. Do you think this might pose a problem for the domestic builders?

Any competition is good as long as it’s healthy and the international players are coming with big money. I think it’s going to be a good thing. It will keep everybody on his toes and buyers are not going to compromise on quality anymore. One can expect top-of-the- line products now. With the opening of Gwadar Port lot of positive things are going to happen.

Q. Do you see any negative impacts in Gwadar?

Not at all. The business is hot and there is going to be more business for everybody; there will be more construction and more jobs shall be generated. The overall economy is going to improve. Five years ago, we had a lot of multinational real estate brokers coming in and it didn’t affect the business. In fact, it brought more brokers in. So the broking community grew from a disorganized sector into an organized one. Similarly, I think Gwadar will generate a lot of business. The fittest will survive.

Q. But if you are talking of top-of-the-line products, there will be a direct impact on prices. How do you think the middle-income group will accommodate themselves?

The most important commodity in real estate is land. If you are going to purchase land in a prime location, it is going to be very expensive and bungalow/apartments on that land are going to be expensive as well but the return in short time will be much high and better. However, if you move 10 to 15 kilometers from the central business district, the cost of land almost becomes one-tenth but it would be a long term investment. A similar construction with the same amenities in such areas will look same but you cannot earn early quick returns.

Most builders are coming up with projects having 70 percent landscaped area and only 30 percent of the area given to construction. And when I say top-of-the-line product, I don’t mean one has to pay a fortune to buy it. Yes, perhaps they won’t be able to avail of 3000 to 5000 square feet apartments with only 2 flats per floor. The market segment for that bracket is different. I am referring to Rs 15-25 lakhs, which most families with double income can afford. In this case, instead of paying rent to someone else, they are paying for something that is their own early.

Q. Tell us about your company, Futuristic Real Estate Business Group Realty?

 

Futuristic Real Estate Business Group Realty is about two years old now. It used to operate under the name of Futuristic Investment Group; it was our parent company established by group of friends in overseas to invest in Pakistan and we used to invest in Real Estate Property Market in Karachi - Lahore - Islamabad and Now in Gwadar. Now our  friends, their family members, and friendly clients from America, Canada, Europe and other places of the world, They trust us for their secure investment in Pakistan. We work for our trusties.  However, our core business now is real estate property business and Business Associates in Investment Advisory Service for Overseas Pakistanis - Futuristic Real Estate Business Group, Investment Deals for 100% Secure investment with a guaranteed increase of value in Pakistan..

Q. Tell us about your attachment with Dream City Gwadar? and Why Dream City Gwadar is Paradise for Investors?

DISCOVER YOUR OWN DREAM:

DREAM CITY GWADAR
G.D.A NOC NO: 12/IND/07/ZONE - "A"  FOR  N.O.C  VERIFICATION : CALL G.D.A OFFICE NOW: 092-864-21053

• Because its Prime Location, tax holidays, business opportunities, and future prospects.

• Best Opportunity for Investment & Residential Purpose.

• Very Small Investment with very huge Returns in future.

• Very Limited Plots are Available on Resale Basis.

• A Name of Trust Real Estate Developers.

• 100% Guarantee Land at Gwadar The Future Business Hub.

• 100% Genuine Buying and 100% Possession Guarantee.

• Marketed by Dream Marketing Network.

Q. Tell us about your attachment with Dream Marketing Network?

Dream Marketing Network: is the leading Professional services provider in Gwadar Pakistan.  Dream Marketing Network help customers in getting the real estate services at the right prices to fit to all the requirements of the customers . We understand that all our clients are capable enough to take the right decision and would always know what they want , but we can still come up with some suggestions which may help you a great deal in the future.

Dream Marketing Network having a team of expert property investment consultants with more than 12 years presence in properties market. If you are looking for real estate services in the Gwadar.  We can find the best properties for you. Our company is specializing in the area of land and plots property development and also provides our clients with full legal, taxation and financing services.

At Dream Marketing Network Services we feel that our role is not just to advise you on buying property plots but also to help you build and settle into your new home. We take pride in providing a comprehensive after sales service ranging from furnishing your home to setting up a bank account . We also work with a number of experienced service providers that you may need to access while you are buying property in and after the completion of your purchase.

The real estate experts at Dream Marketing Network Services believe in "Service is our Business". Keeping this in mind we have set for ourselves high standards of service. Although not that much old and have less experience in its account Dream Marketing Network is handled professionally. Our main focus area is real estate services and the commercial property listings all over the Gwadar Pakistan , but we can also look after the specific requirements of our clients. You can count on us for all your real estate and property related Requirements, small or big, and they would be served with the same enthusiasm.

Experts at Dream Marketing Network Services always remain ready to help and advice the visitors on all types of real estate related services within the area of function of  Dream Marketing Network Services, even if a particular visitor is not buying , selling or renting and financing the property through Dream Marketing Network Services . Taking an extra option in the form of advice from our experts will optimize the results of the real estate services search .

for more details please feel free to contact at:
DREAM MARKETING NETWORK : KARACHI - LAHORE - ISLAMABAD - GWADAR
 email: managerpk@live.com  or HOT LINE: 092-4223380 CELL: 092-322-2623539

What we do?

Welcome to investment via Futuristic Investment Group in Pakistan, one of the most reliable real estate and property guide consultation services available in Pakistan. It is need of the hour to invest in real estate and property relevant businesses so that requirements for residential, commercial, industrial or agricultural property or any other can be fulfilled. Futuristic Investment Group guide you  to buy property in at your desired rates. Email: managerpk@live.com  or 
HOT LINE Pakistan: 09221-7003056 - CELL: 092-322-2623539