Real estate
We often use property dealing and real estate interchangeably. However both these terms are different and have their own proper definition. Property dealing involves a property dealer who acts as an intermediary between the buyer and the seller of a particular asset whereas real estate is a term that refers to the physical land, structures and resources attached to it. By real we mean physical property of the real estate.
Even the types of real estate and property are different. Property has three types which are listed below:
Personal or Private Property
Public Property
Collective Property
Personal Property means the property owned by your own self. Public Property is the one owned by government and collective property is collectively owned by common people with the government acting as their agent.
On the other hand, real estate has 4 types, which include:
Residential
Commercial
Industrial
Land
So both these terms hold their own meaning and value which is why they should be used accurately.
Lahore City
Lahore city is one of the very important cities of Pakistan. This city not only holds great importance in the history of Pakistan but is also the capital of Punjab which is one of the most developed provinces of the country.
Lahore is not only leading in terms of fashion and art industry but is also making rounds across the country for providing top class living standards. The housing projects and societies being made are developing at a very fast pace. This is why investors from all over the country have their eyes set on the sumptuous residential and commercial projects of Lahore.
After Capital Smart city, Pakistan’s 2nd smart city has also been initiated Lahore Smart City. The highly reputed and modernly built societies of Lahore as of now are:
Park View City:
Lahore Park View is the most luxurious housings society of this city. It is a project of vision Group which is owned by the famous politician Aleem Khan. Aleem Khan is not only a politician but a great philanthropist and a successful entrepreneur. The credibility of the owner, easily approachable location and extraordinary amenities make this society a real estate marvel.
Lahore Smart city:
Lahore Smart City has been designed on smart city concept. This concept was introduced to provide comfort and ease keeping in mind the busy life of 21st century. Since almost everyone is driven and work oriented, daily life tasks that require a great deal of time should be taken care of by incorporating smart technology. Smart technology allows you to get done with time taking tasks in a quick manner leaving sufficient amount of time for the rest of the day.
Park View City and Lahore Smart City payment plan has been kept simple and convenient for local and overseas investors. The payment method is designed in installment manner for the ease of investors.
These projects have caught the attention of investors from overseas as well which says a lot about the success rate of real estate in Lahore. Park View City and Lahore Smart City and other leading societies are a proof that Lahore is becoming the hub of real estate investment and will prosper even more in the years to come. Next year will mark the rise of real estate in Lahore.
For investment purpose and any real estate query you can contact Regency Marketing. Regency Marketing is a real estate marketing company which is known for its honest and fair dealing with clients.
Read More Blogs: Advantages of Investing in Capital Smart City
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