National Institute of Architecture & Real Estate

Real Estate Market Updates and Trends for Investors: Mr. Ali Pansota provides tips and strategies for staying up-to-date with real estate market changes and news. He emphasizes the importance of using data and researching online property portals, understanding key metrics, tracking industry influencers and thought leaders, and networking with market practitioners. The goal is to help investors make informed decisions about investing and staying up to date with local market developments.

Understanding the Basics of Property Management: Mr. Ali Pansota provides a comprehensive definition of property management and highlights its associated benefits. Effective property management can assist property owners in maximizing their return on investment by reducing operating costs, minimizing vacancies, and ensuring tenant satisfaction.

Exploring the Pros and Cons of Hiring Marketing Agencies for Research and Sales of Real Estate Projects: Architect Shahnawaz highlights the pivotal role a professional marketing agency can play in planning and developing real estate projects. He further sheds light on how marketing agencies in Pakistan are actually sales agencies and not following the true spirit of marketing.

The real estate market in Pakistan has been facing a period of uncertainty due to the impact of inflation on property prices. In this context, Architect Shahnawaz sheds light on the complex relationship between inflation and real estate prices, explaining how rising inflation can lead to higher costs of construction and development, which in turn can drive up property prices. This has made it difficult for industry stakeholders to accurately predict the future outcomes of the real estate market based on macroeconomic uncertainty in the country. Despite these challenges, there are developers in Pakistan who are committed to delivering quality projects on time, even if it means compromising their profits.

What is a Property Valuation? | How to determine the right price for a property? | What is the cost of getting a property valuation report or certificate?

A property valuation is a process of determining the current market value of a real estate property. The value is determined by a professional property valuer, also known as a real estate appraiser, who uses a variety of methods and techniques to assess the property. The valuation report typically includes information about the property's features, condition, and location, as well as market data and comparable sales. The report will also include an estimate of the property's current market value.
The purpose of a property valuation can vary depending on the client's needs. It is commonly used for buying, selling, mortgage lending, tax assessment, and property management. In the case of buying or selling, the value of the property is used to set a price for the transaction. The price of a property valuation report or certificate can vary depending on the location, size, and type of property being valued, as well as the level of detail and scope of the report. It is always advisable to seek a valuation from a renowned professional appraiser. It's important to note that property values can change over time due to various factors such as changes in the local real estate market, changes to the property, and other economic factors. Therefore, it's recommended to have a property valuation done before making any important real estate decisions.
Some key considerations when determining the price of a property include:
• Professional appraisals: Hire a professional appraiser to give you an unbiased opinion on the value of the property.
• Market conditions: Research the current market conditions in the property’s area. Look at factors such as the supply and demand for properties, the overall state of the economy, and recent trends in property values.
• Property condition: Assess the condition of the property, including any repairs or renovations that may be needed. This can affect the property’s value and should be taken into account when determining the price.
• Location: The location of a property can have a significant impact on its value. Always research zones in the master plan. Properties in desirable areas will typically command a higher price than those in less desirable locations.
• Comparable sales: Look at the prices of similar properties that have recently sold in the area to get an idea of what similar properties are selling for.
• Hire a local experienced realtor: They have knowledge about the area and the local market, which can help you to get the best price for your property.

The New Masterplan of Faisalabad City.

Chairman of Shahnawaz group of companies, Architect Shahnawaz sb and Mr. Khalid Masood, Town-planner discuss the latest Master plan of Faisalabad 2022-2041. Mr. ShahNawaz offered his insightful opinions on how the modifications in the new plan will affect Faisalabad's future urban planning and real estate development. The discussion took place in the National Institute of Architecture and Real Estate at Gatwala Commercial Hub.