In This Post:
Rawalpindi’s Property Market Success Factors
Why Overseas Investors Should Invest in Mall 35
The real estate sector has always been touted as one of the most lucrative investment avenues in Pakistan, which allows investors to enjoy as much as 100% returns on their initially invested capital within a matter of a few years. High-end housing projects and ultramodern vertical developments have become a norm these days—rapidly expanding and modernising the scope of property business in the country, subsequently adding to its prominence and profitability. These are the noteworthy factors that lure not only local investors but also overseas Pakistanis towards investing in the local property market.
Owing to the game-changing developments taking place in recent years, the name of the twin-cities has now become widely prominent in terms of property investment in Pakistan. Also, keeping in view the sustainability factor, the demand for ultramodern real estate including high-rise and mid-rise constructions has ballooned among home buyers and property investors in the capital territory as well as the neighbouring city of Rawalpindi. This noteworthy evolution of the urban landscape in the twin-cities has paved grounds for a spectacular real estate development like Mall 35, which is being constructed within the heart of Rawalpindi’s bustling Saddar area.
So, why is this up-and-coming project considered a crucial stepping stone in terms of the progress of the local property sector? To rightfully answer this question, we’ll take a look at some pivotal insights in this regard and learn about some of the top reasons that make Mall 35 a promising investment opportunity for overseas Pakistanis.
Factors Behind the Booming Success of Rawalpindi’s Property Market in Recent Years
Known as one of the most rapidly developing cities in Pakistan, Rawalpindi’s real estate sector has made tremendous progress in the last few years. A multitude of reasons has inspired this staggering growth, to elaborate on which, Zameen.com has curated a list of some enlightening pointers using its adept approach and cutting-edge technology. Take a look!
The Active Role of RDA and Implementation of New Bylaws
Mandated to manage and oversee the local real estate and infrastructure developments, Rawalpindi Development Authority (RDA) has been playing a pretty active role driven by a solution-oriented strategy in terms of the development and progress of the city for decades.
Collaborating with law enforcement agencies and other related government institutions, the authority goes all-out against illegal real estate developments across the metropolitan area to prevent scammers and fraudsters from deceiving property investors and home buyers, alike.
Furthermore, one of the most significant objectives to achieve for RDA was to work in line with the Prime Minister’s vision of vertical cities. Consequently, the authority has recently incorporated some of the building by-laws that were primarily introduced by the Lahore Development Authority (LDA) in its building and zoning regulations to favour the construction of high-rises up to 10-storey tall. To learn more about the real estate investment shift from plots to high-rises, you can take a look at this blog.
Groundbreaking Infrastructure Developments
The rate of Rawalpindi’s infrastructural growth seems to have reached a new peak in the 21st century as many road links and major arteries in the city are being converted into signal-free corridors with the help of underpasses and flyovers. Furthermore, the construction of a few historic projects in the metropolis is also in full swing. Upon completion, these projects will not only modernise the cityscape but will also make commutes less time consuming and hassle-free.
Under the supervision of the Rawalpindi Development Authority (RDA), the construction of the Rawalpindi Ring Road (RRR) and the expansion of Leh Nullah Expressway is underway. Such developments are imperative, especially for a city like Rawalpindi that is embracing modern real estate trends wholeheartedly. All these factors paired with the proximity to the Islamabad Capital Territory significantly add up to the plausibility factor of the city of Rawalpindi for the construction of high-end commercial complexes.
Emergence of High-end Commercial and Mixed-use Complexes
Home to one of the most thriving property markets in the country, Rawalpindi has witnessed a highly impressive uptick in the demand for apartments and commercial units in the past few years. The data accumulated from Zameen.com—Pakistan’s most trusted online property portal—revealed an extraordinary jump of 94% in search volumes for commercial properties in Rawalpindi in the last three years, whereas, the searches for apartment units in the city saw a phenomenal increase of 107% during the same period.
This real estate boom has radically impacted the urban landscape of Rawalpindi, in the wake of which, state-of-the-art recreational avenues and mixed-use complexes like Mall 35 are being developed in the city. One of the key things that uplift the exclusivity of this ultramodern property development is the availability of hotel apartments, also making it the very first-of-its-kind project in Rawalpindi.
Top Reasons Why Overseas Pakistanis Should Invest in Mall 35
Jointly owned and developed by Zameen Developments and EBCO Constructions—the two of Pakistan’s most well-reputed real estate developers—Mall 35 is an exquisitely-designed mixed-use development. This ultramodern engineering marvel boasts a breathtaking facade and is about to emerge in the area of Saddar, the city’s most vibrant and busiest business hubs.
Featuring luxurious hotel apartment suites, the project is truly the epitome of luxury living. With an official tagline “Smart Shopping, Modern Living”, Mall 35 is also set to host a plethora of world-class retail, entertainment, and culinary options. Owing to its diverse, well-facilitated real estate offerings, this mixed-use development in Rawalpindi has received an overwhelming response from property investors and over 90% of its real estate has already been sold out, while only a few commercial units are left for grabs. Need we say more?
Some other noteworthy factors that significantly contribute to the phenomenal success of Mall 35 and make it a more than worthwhile investment opportunity for overseas Pakistanis have been listed and discussed as under:
- The up-and-coming ultramodern shopping landmark has been approved by the Cantonment Board Rawalpindi, making it one of the most secure investment options available in the twin-cities.
- Situated on Police Station Road, the project is just a short stroll from the Armed Forces Institute of Cardiology and Air Force Recruitment & Selection Centre. The strict security measures in the area make it one of the safest neighbourhoods in the entire city. The elegant location of Mall 35 puts it just a few-minutes drive away from other important facilities such as Rawalpindi Railway Station, Saddar GPO, and GHQ Rawalpindi.
- Even though this mixed-used development is found in one of Rawalpindi’s most bustling localities it offers ample parking space, thanks to the dual-level basement car parking arrangements.
- Built with the finest of construction materials, the project will emerge as a 10-storey tall, earth-quake resistant structure. It will effectively absorb the seismic waves and will serve as a protective shield for the building in the event of an earthquake.
- Being the most ultramodern mixed-use complex ever constructed in Rawalpindi, Mall 35 has been planned to offer the most exclusive in-house lifestyle facilities such as round-the-clock security, high-speed elevators, health and fitness clubs among other prominent recreational features.
- Property options in Mall 35 are offered at highly-convenient 3-year-long payment plans, which makes it a super attractive opportunity for property investment in Rawalpindi, one of Pakistan’s most thriving metropolises.
- Best of all, located in Rawalpindi’s most prominent commercial zones, the project promises impressive investment gains. This greatly adds to the real estate significance of Mall 35, owing to which, industry experts predict the project to receive a capital gain of 40-60% over the course of the next three years. Moreover, an incredibly high rental yield of 7% is expected on hotel apartments, the most exquisite property options available in Mall 35.
Note: Willing to learn more about investing in Mall 35, Rawalpindi? Reach out to the experts of Zameen.com, available to serve you 24/7 at 051-111-333-333. Also, don’t forget to check out the official page of Mall 35 for booking and other project-related details.
Now that we have given you all the useful information on Mall 35 and its investment prospects for local investors as well as overseas Pakistanis, it’s time for us to wrap up. We hope you liked reading it. For your queries and feedback, you can also reach out to us by sending an email to blog@zameen.com. Moreover, if you want to learn more about the location, facilities, and properties in Mall 35, Rawalpindi, read this blog.
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