Real Estate

Lamudi Ramadan Partnership to Support Local Children

KARACHI, JUNE XX, 2017: The future of Pakistan lies in the hands of its children. Ensuring these children have the necessary skills, education, and wellbeing to live happy and fulfilling lives is an objective of SOS Children’s Villages Pakistan. The organisation similar to Care Foundation Pakistan is a not for profit organization that seeks to empower children with the ultimate goal of making the nation prosperous again.

How to Manage Your Overseas Real Estate

KARACHI, June 1, 2017: Do you own property abroad? Are you considering purchasing property in another country? If so, you may be struggling with the concept of managing your house or apartment while you are gone. Whether you own a condo unit in the Philippines or are considering a beachside property in Indonesia or Sri Lanka, you’re likely to be asking the same questions. Many property owners who live abroad

Real Estate Market Report Points to Recovery

KARACHI, April XX, 2017: The 2017 Lamudi Real Estate Market Report for Pakistan went live today with the adage that the “market has overcome challenges to move into a growth phase”. The news will come as a pleasant surprise for agents, homeowners, and developers who have had it tough since the tax overhaul that came into effect on the first of July, last year. With increases to withholding tax, capital

Karachi Real Estate on the Road to Recovery

KARACHI, April XX, 2017: The property market in Karachi is starting to pick up again as buyers regain the confidence that was impacted by the tax overhaul last year. Lamudi—the premier property platform—has recorded an upturn in transactions up to March 2017 with Bahria Town, ASF Housing Scheme, and Fazaia Housing Scheme leading the way.

Could New Bylaws Solve the Housing Crisis?

KARACHI, April 12, 2017: The Capital Development Authority (CDA) has decided to loosen red tape restrictions on city developments. With the new amendments, new housing societies that struggled to comply with rigid CDA bylaws are optimistic that they can acquire the legal status designated by the authority. So, could this be the springboard for addressing the growing housing shortage?

Six Startups in Pakistan that got Funding in 2016

KARACHI, March 15, 2017: The year of 2016 was unremarkable in terms of the funding ecosystem. Just a few startups managed to secure seed investments and even fewer made it to later-stage funding rounds. But some bright stars blazed a trail for others to follow in 2017. And, with Pakistan’s strong GDP growth, an educated English-speaking workforce, and widespread internet penetration; the foundations are there for a larger group to

Paying a Premium to Live Safely in Lahore?

KARACHI, XX NOVEMBER 2016: Recently it has become official that Lahore is safer than Karachi when it comes to overall crime and city-wide safety. The findings come from a November 2016 report by Numbeo where the level of crime in Karachi is reported as a high 77.72 compared to 59.38 in Lahore. Islamabad, the country’s capital, scored a 35 rating meaning it is low for crime.   In terms of

No Homes for Pakistanis as Population Soars

KARACHI, 14 July 2016: The population of Pakistan is spiraling out of control. Every year, 3.7 million people add to the current figure of 194.5 million people making it the sixth most populous country in the world. In 1950 the population only stood at 33 million. So what is causing the sudden spike in population numbers? Various factors contribute to a country’s population count. High fertility, declining mortality, customs of

10 Inspiring Eid Home Decoration Ideas

Karachi, 21 June 2016. It is getting close to Eid ul-Fitr so the global property portal Lamudi has prepared a helpful list of decoration ideas to mark the special occasion. “With over 1.6 billion Muslims celebrating Hari Raya Aidilfitri—as it’s also known—being unique is a challenge”, said Daniel Carrasco, in-house design expert at Lamudi. “It’s important to think outside the box and use influences from many different sources,” said Carrasco.